Written By Paula Pant
Guess what? We did it again. We bought House #4, which represents our 6th rental unit in total!
“Whoa, Paula, this is getting ridiculous.”
Yeah, I know. Let’s meet the new rental, shall we?
NOTE: This article was last updated in 2015 (and all numbers reflect that year).
The Rental House
First, […]
Written By Paula Pant
An Afford Anything reader recently emailed me about this dilemma:
He’s upside-down on his home. He owes more than the house is worth.
But he wants to take advantage of today’s low housing prices, which will let him move his daughter into the best school district in town. He can put […]
Written By Paula Pant
Renting out a vacation home is one step away from running a hotel.
Written By Paula Pant
Want answers to some real estate questions? Here’s the latest edition of Readers Ask.
One reader asks:
I have a long list of repairs and upgrades which my house needs, and I would like to find an impartial source for ballpark price estimates. What do you recommend?
[…]
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
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
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
You know that expression: “Whatever your renovation budget … double it?”
That happened a few months ago. I predicted that renovating one of my rental units would cost about $5,500 and would raise the rent by an extra $150 per month. I was waaayy off base.
In reality, the remodel cost $17,021 […]
