Ask Paula - How Do You Pick a Rental Property?
Afford Anything | Make Smart Money Choices
Paula Pant | Cumulus Podcast Network
4.7 • 3.6K Ratings
🗓️ 19 June 2017
⏱️ 39 minutes
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| 0:00.0 | Today's episode is brought to you by Sainbox, a smart filter that prioritizes your inbox, |
| 0:05.7 | removing the email distractions and saving you time. |
| 0:09.2 | Get a free $25 credit at Sainbox.com slash Paula. |
| 0:21.9 | You can afford anything but not everything, and that's true. |
| 0:25.2 | Not just of your money, but also your time, focus, energy attention. |
| 0:29.2 | Anything in your life that is a scarce or limited resource, |
| 0:32.8 | and I am not saying this to promote a scarcity mindset. |
| 0:36.0 | On the contrary, I believe in abundance, but I also recognize the fact that every choice is a trade-off. |
| 0:42.8 | So the question becomes number one, what's most important to you? |
| 0:46.4 | What do you value? What are your priorities? |
| 0:48.2 | And number two, how do you align your day-to-day decisions in such a way that your actions reflect those |
| 0:55.2 | priorities? Those are tough questions, ones that we seek to answer in every episode. |
| 1:01.6 | My name is Paula Pat. Welcome to the Afford Anything Podcast. |
| 1:05.2 | Speaking of answering questions, every other week, I answer questions that you, the community, |
| 1:10.1 | have sent in. And this week, I am specifically answering questions that you've sent in regarding |
| 1:16.3 | real estate investing. If you're interested in the topic of investing in rental properties or in |
| 1:20.9 | real estate, stick around. If you're not into that topic, you can skip today's episode. |
| 1:26.4 | That said, let's jump in. |
| 1:29.1 | Hi Paula. Firstly, thank you for this fabulous podcast. I am in a very different situation than |
| 1:34.8 | the majority of your usual callers. I am a 45-year-old actress. I am in and out of work, |
| 1:40.7 | and on the whole not brilliantly paid. So I'm sad to say I have no savings and no retirement fund, |
| 1:46.1 | apart from whatever gets put away when I am in a job in a 401k. On the upside, I own a house in the |
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