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EP136 – Are Beach Condos a Good Investment?; Should you have pet insurance; Amanda purchased an RV

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We have a great lineup of your social media questions. We have received so many positive comments about these episodes. If you have a question for us please email to podcast@rocklandusa.com

QUESTION 1
Hi guys. I’m considering purchasing a beach condo as an investment. Is it worth it?

QUESTION 2
o I’ve been saving for a new-to-me vehicle. I was waiting for the right one to come along. Then came these skyrocketing used car prices. Insane. A local search on cars.com showed a 2018 Toyota RAV4 XLE with just over 50,000 miles that is priced about $400 higher than a brand new 2021 Toyota RAV4 XLE. What in the world. Thoughts? Note: I’m in no big rush, thankfully, but I wonder when this will return to normal with used car prices making sense again.

QUESTION 3
I have $1,292.00 on my credit card. Should I take the money out of my savings to pay this in full or put $ 100.00 a week towards it?

QUESTION 4
We’ll be purchasing a new home in under 2 years and am wondering if we should sell or rent our current home and what are the negatives of each decision?

QUESTION 5
if you are an “everyday millionaire” should you have pet insurance for 2 dogs?

QUESTION 6
Is the ‘Everyday Millionaire’ status based on net worth (including mortgaged property value) or strictly investment value/paid off properties value? We just crossed the $500,000 mark, but that’s with our home value. Just trying to figure out how long until true ‘Everyday Millionaire’ status. I sure hope the second half goes faster!

**This post may contain affiliate links, and we may be compensated if you make a purchase after clicking on the affiliate and/or partner links.

Sponsored by Choice Realty Connect : https://choicerealtyconnect.com/ when you are wanting to buy or sell a home, condo or any type of property. Trust Amanda to help match you with up to 3 top agents in your area.

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