Written By Paula Pant
A cornerstone of the Afford Anything philosophy is that every choice you make is a trade-off, and that applies equally to your time and your money.
So what do you do about outsourcing? On one hand, the more you outsource, the more you trade money for the most valuable possession on earth: […]
Written By Paula Pant
A few months ago, I found a great deal on Groupon: two tickets to a murder-mystery dinner theater for $50, including both dinner and the show. I asked Will if he thought we should get it.
“We’re trying to save money,” he reminded me. It was true. In fact, the previous day […]
Written By Paula Pant
Want to know more about world travel and tenants?
Welcome to the latest installment of Readers Ask.
Today I want to share two questions that AA readers posed last week.
[…]
Written By Paula Pant
Four months ago I declared that we’re renovating a 3-bed, 2-bath rental unit. You can see the “before” photos here.
For the past 120+ days, contractors have torn out load-bearing walls, reinforced the foundation, fought water damage, ripped out floors, torn away drywall and filled several 30-yard dumpsters to the brim.
[…]
Written By Paula Pant
One of my rentals is back on the market. Last time, it took me three months to find a tenant. That’s because I made a crucial error which cost me $2,700 in lost revenue.
You see, if I needed to rent a home, I’d check Craigslist. It’s the only place I’d […]
Written By Paula Pant
Welcome to the New Year. It’s been quiet around Afford Anything through the holiday season, but don’t worry: I’ve got big plans for this site in 2013.
Which leads me to a topic I’ve been wanting to chat about for awhile: there are more worthy goals and worthwhile pursuits than we […]
Written By Paula Pant
Many of my readers are rental property investors (or aspiring investors). But not all of them live in “cheap locations.”
Several readers have asked what how to invest if they live in a place where houses don’t meet the One Percent Rule.
Let’s answer this question by featuring Brian and Kristin, a couple in Arlington, […]
Written By Paula Pant
Yes, it’s true. “Don’t buy lattes” may be a personal finance cliché, but I literally buy a Starbucks coffee every day. I pay $1.78 for a tall (which is Starbucksian for “small,”) plus 54 cents for a refill. Daily damage: $2.32.
That’s $71.92 per month, if I go daily (which I […]
Written By Paula Pant
My former partner and I bought our third rental property in May.
We paid $0 down. We collect $15,000 per year in revenue. After expenses, including the financing, we pocket $3,000 per year in passive income from this rental property.
Not bad, eh?
NOTE: This article was last updated in July 2016 (and all numbers […]
Written By Paula Pant
A few years ago I went camping in southeastern Utah with a group of friends.
“I love this place,” I said, gazing at the towering sandstone canyons. Then, ever so casually, I commented, “Hmm. Maybe I’ll come live here for a summer. Just two or three months. Could be fun.”
One […]
