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#53: This episode is a little different. Instead of interviewing a guest, this podcast episode is a recording of a recent talk I gave in Equador.\n The audience wanted to know more about the context surrounding the decisions I've made regarding business, investing, and money. In other words, why I've only spent three years of my life in a 9-5 job, and why I've dedicated so much of my time to travel. There is a lot of real estate talk as I take Q&A from the audience, but the idea behind releasing this talk is for\xa0you to see how\xa0any\xa0investment can help you design your life around your values. Money and investments are just tools that you can use to craft a certain lifestyle. Here are some of the highlights from the talk: \u2022\xa0\xa0 \xa0How I was introduced to the concept of freelancing, and how it helped me quit my job and buy real estate \u2022\xa0\xa0 \xa0My real estate investing strategy in a nutshell - buy what no one else wants to buy \u2022\xa0\xa0 \xa0The risk of being too excessive with renovations as an investor, and how I've managed renovations \u2022\xa0\xa0 \xa0How I use the\xa0One Percent Rule\xa0when running numbers on a property \u2022\xa0\xa0 \xa0My original goal for owning rental properties (and why I don't want 100's of units) \u2022\xa0\xa0 \xa0The surprise deal that came about because of my blog \u2022\xa0\xa0 \xa0The opportunity cost of investing in real estate instead of the stock market \u2022\xa0\xa0 \xa0Why the next rental won't be in Vegas (where I live) \u2022\xa0\xa0 \xa0Why I'm not in any hurry to buy another property \u2022\xa0\xa0 \xa0Why I would buy apartment complexes in cash if I had\xa0a billion dollars \u2022\xa0\xa0 \xa0The benefit of diversifying into a different city and how to do it \u2022\xa0\xa0 \xa0Retailers I recommend buying from when it comes to\xa0kitchen materials \u2022\xa0\xa0 \xa0Financing without W2 income \u2022\xa0\xa0 \xa0Why I'm against high-leverage \u2022\xa0\xa0 \xa0The other projects I'm working on (why my focus isn't on real estate investing right now) \u2022\xa0\xa0 \xa0"Pearls of wisdom" from traveling \u2022\xa0\xa0 \xa0My favorite travel destinations \u2022\xa0\xa0 \xa0Why I started a blog and\xa0my thoughts on monetizing \u2022\xa0\xa0 \xa0Real estate isn't a passion - it's a tool Enjoy! -- Paula Resources Mentioned: \u2022\xa0\xa0 \xa0Cash Flow Reports for Rental Properties \u2022\xa0\xa0 \xa0The course I'm working on -\xa0VIP\xa0List \u2022\xa0\xa0 \xa0HUD Home Store __________________________ I also want to take a moment to thank the sponsors for this episode. First, huge thanks to Nerdwallet. Their new app lets you have one-on-one conversations with financial advisors. You can chat about anything related to money, such as retirement, investing, insurance, or paying off debt. You'll get personalized, one-on-one advice --\xa0available at no cost to you.\xa0Check it out at no cost to you by visiting\xa0http://nerd.me/paula _________________________ If you've been listening for a while, you've heard me interview many best-selling authors. Before I interview these guests, I need to read or refresh my memory of their books. Sitting down to physically read the books can take a long time. That's why I listen to their audiobooks, thanks to my\xa0subscription to an audiobook service called\xa0Audible. If you want to give them a try for free, head to\xa0http://audible.com/trynow\xa0for a free 30-day trial. _________________________ To see the slides from Paula's presentation, go to https://affordanything.com/episode53\nLearn more about your ad choices. Visit podcastchoices.com/adchoices