FREE GUIDE

7 Expensive Rental Property Mistakes to Avoid

I rent in NYC. I also own rental properties in Indiana, Georgia, and Nevada. I pay rent, and I collect it — I've seen housing from all sides: as a renter, as an investor, and as someone who explains it in plain English.

Most money mistakes are annoying. Rental property mistakes are different — they can quietly cost you tens of thousands before you even realize what happened.

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What's Inside? 🔍

7 mistakes, straight from the school of hard knocks — my own real estate experience over the last 7 years.

  • MISTAKE 1 — Relying on appreciation (hint: that's for amateurs)
  • MISTAKE 2 — Overleveraging: more isn't always better
  • MISTAKE 3 — Using the wrong formulas — and the ones to use instead
  • MISTAKE 4 — Using magical, B.S. accounting
  • MISTAKE 5 — Not having a strategy
  • MISTAKE 6 — Using "rental property" to justify a personal expense
  • MISTAKE 7 — Choosing the wrong mentors

Plus the real estate investing principles I teach my own students, woven through every mistake.

I'm Paula — a first-principles thinker and real estate investor who owns 7 rental units. My podcast, Afford Anything, has passed 20 million downloads, and my real estate investing course has taught over 2,000 students how to buy profitable rental properties. I don't want you to make the same mistakes I did — I hope sharing these saves you thousands.

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