With this hot real estate market, families are considering selling and downsizing to take advantage of the equity in their homes.
Samantha and her husband are having this very thought.
Should they sell their 3,000-square-foot home for $700,000 and downsize? I weigh the pros and cons of downsizing in this market.
Also, Kristin Stones from Pennsylvania joins us to share how paying off $50,000 of debt in 2 years helped her and her husband avoid divorce. Find out how they did it!
SPONSORS
M1 Finance: You’ve done your research. Let M1 investing automation do the heavy lifting.
Tello: Our family's mobile phone provider. Great service on the T-Mobile network and incredible prices!
RESOURCES
Buying a New Home? Get the Best Rate with Credible! http://www.marriagekidsandmoney.com/crediblemortgage
Costs of Selling a House (Bankrate article): https://www.bankrate.com/real-estate/how-much-does-it-cost-to-sell-house/
Kristin Stones: https://www.centsandpurpose.com
OTHER EPISODES YOU MIGHT LIKE
Family Wealth and Happiness: 10 Steps to a Better Tomorrow (Today)
How We Paid Off Our 15 Year Mortgage in 5 Years
50% to 10%: Why We're Happy Saving Less in FIRE Journey
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SHOW INFORMATION: Marriage Kids and Money
Marriage Kids and Money is dedicated to helping young families build wealth and happiness. This award-winning platform helps couples and parents achieve financial independence and discover the true meaning of wealth.
To achieve these big goals, we answer questions and interview experts who uncover smart net worth building habits and tools that can help everyone find their own version of financial independence.
Learn more at https://www.marriagekidsandmoney.com
HOST BIO: Andy Hill
Andy Hill is the award-winning family finance coach behind Marriage Kids and Money - a platform dedicated to helping young families build wealth and happiness.
Andy's advice and personal finance experience have been featured in major media outlets like CNBC, Forbes, MarketWatch, Kiplinger’s Personal Finance and NBC News. With millions of downloads and views, Andy’s message of family financial empowerment has resonated with listeners, readers and viewers across the world.
When he's not "talking money", Andy enjoys watching his kids play soccer, singing karaoke with his wife and watching Marvel movies.
DISCLAIMER
This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products.
Opinions are the creators alone.
Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice.
Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.
CREDITS
Podcast Artwork: Liz Theresa
Editor: Podcast Doctors
Do you want to make a million with real estate?
Dustin Heiner was able to quit his job at 37 after building up enough passive income through long-distance real estate investing.
Check out his story and see how you can make a million in real estate.
EPISODE RESOURCES
Firstly: Smart budgeting tools and real-life advice to get you on the path to family financial wellness. Learn more today!
FamZoo: Prepaid cards and financial education for kids, all in one award-winning app. Use the promo code MKMFAMZOO at check out for an extra month.
Dustin Heiner (Website)
MKM RESOURCES
DISCLAIMER
This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products.
Opinions are the creators alone.
Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice.
Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.
In this wild real estate market, house hacking has become a popular way to lower your cost of living and take advantage of the appreciating asset of real estate.
But what is house hacking? How does it work?
Well, our guests today are here to help us learn more. Ali & Josh are the married couple and financial educators behind The FI Couple, a platform dedicated to helping individuals take control of their finances.
SHOW RESOURCES
Personal Capital: HTTP://personalcapital.com/mkm
Firstly: HTTP://marriagekidsandmoney.com/firstly
The FI Couple (Instagram): https://instagram.com/theficouple
Set for Life by Scott Trench: https://amzn.to/2T2xROe
After sitting on the sidelines of the real estate investing conversation for a few years, I'm ready to become an investor. But it's going to be the minimalist way. Here are 3 real estate investment options that honor minimalism and keep things simple.
Real estate investor Rich Carey shares how be bought 20 rental properties in cash while serving in the military abroad. He shares how real estate made him a millionaire and how you can buy your first buy-and-hold rental unit in cash too.
Our family is considering buying our first rental property this year. Before we purchase the home, I asked 14 current and former real estate investors pros and cons to get a balanced view.
Joel Florek has 31 multi-family rental units valued at $1.5 Million and he's only 25 years old. We review his early success on the podcast and discuss the benefits of multi-family real estate investing.
Want to figure out how you or your spouse can stay at home with the kids? Real estate investing worked for Joel Larsgaard's family. His wife was able to stay at home with their two kids after they built up enough passive income from their rental homes.
Real estate investor, Chad "Coach" Carson, shares how we can all retire early with real estate. Whether you're just getting started or you've been investing for a while, Chad's advice on financial independence with rental properties is priceless.