A lot of people don't widen the lens enough because putting together enough money for a down payment, a lot of times people wonder where is that money going to come from. Joe: I would try not to lower savings toward financial independence. Susan: How much additional cash should you keep on hand? If you've got three months of gross rent per property, if that's your baseline as a cash reserve for every property that you hold,. That'll be enough to cover about six months worth of expenses.
#430: D is worried that she’s going to suffer from her parents’ poor financial choices. Is it time to confront them about it?
An anonymous caller and her fiance both own a house. Which one do they move into after the wedding?
In a world of rising inflation, Nick wants to know if it’s time to change the way he saves for his future.
Another anonymous caller wants to buy a second home within a decade. How does she start planning now?
Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode.
Enjoy!
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For more information, visit the show notes at https://affordanything.com/episode430
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