Paula and Joe were the WXYZ money man on Detroit's TV station Channel seven for nine years. Now you get to be on YouTube with me and we are going to answer some questions here. Our first question today comes from Jackie, who saw them in Chicago during Joe's book tour. She wants to know if they would consider quitting their jobs so she could pursue her own real estate venture.
#449: Jackie is a 42-year-old paralegal with two rental properties. She wants to buy three more. She asks for Paula’s thoughts about today’s economy. Should she buy under these economic conditions?
Jen’s husband will retire with a pension that pays twice their living expenses. Does she still need her own retirement account?
Rachael just bought a duplex, which she wants to househack. But she’s having second thoughts. Did she bite off more than she can chew?
“Minouche” is a return caller with new information: she believes that borrowing from Dad is her only path to home ownership. Does this change Paula and Joe’s advice to her? (And is it even true?) And Molly, a concerned mom, shares some thoughts about this situation.
Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode.
Enjoy!
P.S. Got a question? Leave it here.
Learn more about your ad choices. Visit podcastchoices.com/adchoices