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Ask Paula: Can I Quit My Job Before I'm Financially Independent?

Afford Anything

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Garage Conversion to ADU: Costs and Returns Analysis

The chapter delves into the financial aspects of converting a garage into an Accessory Dwelling Unit (ADU) for rental income, comparing the potential returns to buying a traditional rental property. It discusses the benefits of ADUs, cost-saving advantages, and financing options like HELOCs, home equity loans, and cash-out refinances for such projects.

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