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I don’t put a lot, just 2 tbsp and it’s so good! And I use unsweetened almond milk…

Hehe thanks so much! 🤗

I’m doing great! Hope you are as well! Have a great week!

☺️

Hi there! Thank you! Have a wonderful weekend! 🤗

You too!

Thank you so much for your kind words and support! Have a wonderful weekend! 🤗

Checking the account.

Best management tip: Always pay off any CC in full by end of the month. Create a system to automate all the base things. I'm a lot like you - in some ways its simple, but I like tracking things in various ways and sooo yeah its fun for me to keep records. I do automate a lot of it though and I feel no worry.

@@TheahLil Great tips! Automating is definitely a game changer 🙌 Tracking is fun for me as well :)

Spend less than you make! :)

Thank you :) Anyone can do it 🤗

Yes it's definitely time and luck! Like a lot of things in life :)

Congrats on achieving over $300k in investments! 🤗 I agree that the stock market can be an easier starting point for many and less of a headache, especially in places like NYC where tenant laws can make property management more challenging!

Thank you!

I bought BTC in March of this year, I see it as gambling, I will probably be selling soon, hopefully before a pullback, it’s very volatile but I gamble with it here and there…

​@@galbiller Before you sell the BTC, I'd recommend watching the "Bitcoin, the smart asset class, Argentina" sone by Michael Saylor😊

Hi there! Thats why I buy index funds, that way I can diversify without a deep analysis, I agree that cashflow is not where you make your money. Thanks for sharing your perspective! 😀

Thank you so much for your kind words and endless support 🫶

A lot has definitely changed since 2016! House hacking is such a smart move, I’m guessing you used an FHA loan with a low down payment? I agree that stocks are less of a headache and less stressful than real estate, and diversifying between both is usually a good strategy. Stock returns from the past few years may not be the same moving forward. As for a cash-out refinance, yes, you do have to pay it back, but I’d personally consider taking out around 50% ($500K) instead of 75% ($780K) to keep the same mortgage payment. I’d also opt for a 30-year fixed mortgage again (I currently have 21 years left). If the interest rate matched my current one, my monthly payments would stay the same, and I’d use the funds to buy two more properties in cash to ensure they cash flow. I’d probably only refinance if the new rate was lower than my current one-then I could either lower my monthly payment or take out a larger loan while keeping the same monthly mortgage payment. Thanks so much for your kind words 😊

@@galbiller Unfortunately no, I didn't know about finance back then. I bought it with my then boyfriend , we put 20% down. We actually were the tenants when it went up for sale. Luckily we were savers so we were able to make that decision . When he abruptly left the picture in 2022 I bought him out, but that meant cash out refi at 1.15% highter interest rate than we had, plus a higher mortgage amount I had to pay him out a lot of his part of the equity that the place had appreciated. My mortgage definitely went up compared to what we had due to to that refinance. I feel like it'd only keep my current amount if the interest rate was a lot lower. I have 5.25 so I dont know that it will ever become worth it to me to refinance. I've owned it for 7 years but I reset it when I refinanced. I try to reframe it as that I bought the other half of the property at a significantly higher rate than the first half. But, its my home and a big piece of my financial security, and my ability to save and invest.

@@TheahLil Yes, the duplex isn’t just an investment, it’s your home and the stability and financial security is a huge benefit! Thanks for sharing your story! 🫶

Hey! Thank you so much for your thoughtful comment! Time and effort are huge factors to consider with rentals, although I have a property manager, the stress of maintanance and vacancy is a lot! But like you said, rentals have some amazing benefits too! Haha love this: "Buy-Borrow-Die" 😂

Thank you! Have an amazing weekend! 🤗

You too!

Combination of both

@@kennykaijage5342 I think so too!

Stock, market went up +20% this year, +20% last year ... Real estate doesn't do that. Thank you for doing this video, I was hoping you would on this topic at some point.

@@doanduong7119 Hi there! The stock market had amazing years! This calculation made me want to sell everything and buy stocks instead, especially with potential repair costs looming as my properties age. But I'm also aware that I can't rely on these exceptional returns continuing in the stock market

Glad it was helpful!

Haha! But then we need to move to California! Vegas is just for saving money on taxes, then we need the good life near the beach 🏖️

@@galbiller 🙏so we buy property in both cities and we live 50/50 depending on weather.

@ lol yes!

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Thanks so much! I'm glad you enjoyed the video! 🤗

Thank you so much! That means a lot to me! I'm really glad you enjoy my videos! You made my weekend 🤗 Enjoy the rest of your weekend as well!

I've heard great things about scottdale

I'm so glad to hear because I love filming these 🤗

Yes! And have you seen the waterfront properties for sale there? I'm looking at Broadbeach Waters... they don't have these kind of properties for that price in the US...

@@galbiller We have increasingly strict foreign ownership laws, because locals are being priced out of the market and displaced. However, that wouldn't impact you being able to rent a nice property. There are other ways for foreign owners to invest in the local Australian market, but I project (speculation) that Queensland is going to tighten things up ownership wise

@@brokemoneyfabulous I would love to move there it's beautiful :)

They look really close! Definitely something to consider!

@galbiller yeah I've lived in both. Scottsdale costs too much. People like Charles Barkley and Jenna Jameson live there

Thank you :)

Thank you!

Thank you so much for your sweet comment! I’m so glad to hear this! 🤗

Hi there! I use the Chase freedom unlimited credit card (and the wells fargo active cash sometimes), I click on it in the chase offers section before I shop! I've never been to Scottdale but it looks like there are lots of things to do there! I actually write content remotely for a content agency for blogs about many different topics, which definitely gives me a lot of flexibility in my work!

@ aww ok! I gotta look into the Chase Sapphire card! Scottsdale is great! So is phx :) let me know if you have any questions! You will have a personal finance friend if you move here! 😀

@@AnnaNP2019sounds good! 😊

That's another reason I was thinking Vegas, the no state tax!

Right!? I feel like it's time! 🤗

Thank you! Happy weekend 🤗

You too!

Thank you! You too! 🤗

Tennessee

@@theuntouchabletee4470 I heard that Nashville is really nice 🤗

@@galbiller it is wonderful the only issue for you would be that you said that you don't like the cold it gets cold here in Tennesse

Nashville

Hi there, when I said saved my first $100k I meant spread between cash and investment accounts. I didn’t have retirement accounts at the time…

​@@galbiller Thanks for the clarification! Calculating like that, I'm definitely hitting the $100k mark between my IRAs and 401k.

@@bingli4927 congrats 🎉

nerdwallet compound interest calculator- www.nerdwallet.com/calculator/compound-interest-calculator

Thank you! 💕

Thanks so much! Welcome to my channel!

I haven’t met the right person 😊