Welcome to the Stay Wealthy podcast. I'm your host, Taylor Schulte, and today we are talking about the 10

biggest mistakes to avoid when hiring a financial planner. And today's episode is going to be

relevant even if you manage your own investments and don't currently use a financial advisor. Because

when life gets complex enough, you're likely going to lean on a professional, even if it's just

for a short-term

pay-by-the-hour type relationship to help answer a few questions. If you want to read the full

details, go to you staywealthy.com slash 38. And if you have any questions for a future show

or just want to say hi, shoot me an email at podcast at you staywealthy.com. Okay, let's dive in.

So if you're listening to the show, you've likely heard the story of my real estate purchase

gone bad a few years ago. If you haven't heard it, you can go to you staywealthy.com slash 14.

And you can hear my interview on the stacking Benjamin's podcast,

which is a huge finance podcast in iTunes.

So go check that out if you wanna hear the whole thing.

If not, I'll give you the cliff notes.

In short, my wife and I bought our first home a few years ago. It was brand new construction, and within a few months,

the house started moving and cracking. We had foundation issues, and essentially, the house was

starting to fall down. Yes, we had it inspected. Yes, we had a realtor. And the construction was actually permitted by the city of San Diego.

But we missed just one small detail that would have saved us from about $60,000 in legal fees.

All we needed to do during the inspection process was to ask the seller for a copy of the soils

report.

Apparently, hindsight's 2020, but whenever a new foundation is built, geotechnical engineers

are typically brought in to test the soil and provide a report to the people building that

...