Balancing Dreams and Finances in Real Estate

This chapter explores the financial strategies involved in investing in rental properties versus a dream beach house. The discussion emphasizes the importance of financial planning, cash flow management, and making informed decisions to achieve long-term investment goals without accruing debt.

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📈 ⁠⁠Are you on track with the Baby Steps? Get a Free Personalized Plan⁠⁠ 📱 Watch the full episode for free in the Ramsey Network app.

George Kamel & Jade Warshaw answer your questions and discuss:

"How do I get out of $520K in mortgages that my deceased father took out in my name?"
"My wife told me she wants a divorce. Should we stop paying off debt?"
"How specific should a budget be?"
"Should I pay off my HELOC in Baby Step 1 or 6?"
"I can't get life insurance due to a heart transplant so should I invest more instead?"
"I've been stuck on Baby Step 1 for three years. How do I stabilize my finances?"
"My husband and I disagree on how to pay for our beach house. What should we do?"

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