Your Real Estate Strategy and Your Budget | Real Life Planning Podcast Episode 75
Real Estate CoachingIn Episode 75 of the Real Life Planning Podcast, Vekevia Tillman-Jones, CFP®, MBA, shares how your real estate investing strategy directly affects your personal budget. Whether you're evaluating property class, location, or long-term cash flow goals, this episode walks you through how to align your budget with the right rental property strategy—so your investment enhances your financial life instead of draining it.
"The strategy you choose to start investing in real estate will either support or stress your personal budget." — Vekevia Tillman-Jones
This week on Real Life Planning Podcast:
| 💡 | How does the age of a property affect your maintenance budget? [00:00:48] |
| 💡 | Why does location matter for vacancy rates and rent stability? [00:02:03] |
| 💡 | What’s the difference between Class A and Class C properties—and how do they affect costs? [00:03:04] |
| 💡 | How can your rental strategy impact your ability to save? [00:04:12] |
| 💡 | Why is house hacking one of the best strategies for reducing personal expenses? [00:05:33] |
Takeaway Quotes:
"If you’re just starting out and don’t have a lot saved, a more turnkey property might help you avoid big surprises." – Vekevia Tillman-Jones
"Vacancy doesn’t just affect your rental income—it impacts whether your personal budget can cover the gap." – Vekevia Tillman-Jones
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About the Real Life Planning Podcast
Hosts Cynthia Meyer and Vekevia Tillman-Jones explore practical steps for real estate investors to build financial freedom and make working for someone else optional.
If you like this video podcast, consider joining Real Life Planning’s Question of the Week where our CERTIFIED FINANCIAL PLANNERs™ and rental property business owners answer the most common questions about real estate financial planning direct to your inbox.
This blog is for general financial education purposes. Information contained in this blog should not be construed as financial, tax, real estate, legal, or investment advice. For educational purposes, blog posts may contain links to other websites which are not under the control or and are not maintained by Real Life Planning. Real Life Planning has provided those links for your convenience but does not necessarily endorse all the material on those sites. Please consult your financial, real estate, legal, or tax advisor for advice specific to your situation.