By Paula Pant
Welcome to a special episode of Ask Paula!
Today I’m answering questions about real estate investing, and I’ve brought a special guest on the show to join me.
His name is Lucas Hall, and he’s a landlord with 5 properties in three locations (D.C., Virginia and Colorado). He’s also the founder of Landlordology and head […]
By Paula Pant
Today I’m answering your real estate questions!
First up, Rich asks:
What are your thoughts on real estate crowdfunding versus investing in a traditional REIT and non-retirement account?
He doesn’t want to give up the time it takes to manage a rental property. He wants to spend more time with family and friends, and […]
By Paula Pant
Should you buy a rental property that mandates HOA payments? How do you adjust for cap rate over the years, as the property’s rent increases with inflation? Should you buy an $88,500 house that rents for $1,250 a month? And can you dive into detail about how you work with contractors and property managers?
I […]
By Paula Pant
Rich Carey is a military millionaire. He’s spent his career in the U.S. Air Force; he’s currently stationed in Seoul, South Korea. He was stationed in Germany before this. He’ll retire after this.
Most of his fellow servicemembers, upon taking a military retirement, start a second career. But Rich doesn’t need to. He’s financially independent, […]
By Paula Pant
Time to talk about houses! I answer your questions about rental property investing in this week’s episode.
Our first question comes from James, age 25. He lives in Florida, where he bought a $130,000, 3-bedroom, 2-bath condominium in the Class B range as his primary residence. He’d like to buy a second home and rent […]
Written By Paula Pant
The excellent, the normal, and the terrible. Two weeks ago, I saw them all.
I’d like to share the harrowing story. It’s a story of triumph, resilience, and late-night burritos. A story that immersed three days of my life — and is now over, chapter closed, with nothing else needed for at least another […]
By Paula Pant
Anna and Dave want to get married … eventually. But they want to buy a rental property together first. How should they approach this from a paperwork/legal structure standpoint?
Note: They’re thinking about having one partner purchase the home, with the other partner acting as a lender (with proper paperwork in place). Would this be […]
By Paula Pant
It’s time to answer real estate investing questions!
Tom asks:
“We’re thinking about buying a duplex on a beach in a popular vacation destination in Florida. If the property stays 85 percent occupied as a short-term (VRBO) rental at current rates, the income from one unit of the duplex could cover the costs of a […]
Written By Paula Pant
Hey! I know you love numbers, so I’ll cut to the chase:
Last year, our rental properties earned $125,618.49 in gross income.
After expenses (including the mortgages), the properties netted $43,211.67.
This is our passive income from real estate in 2017. It’s the cash flow the properties put in our pocket last year.
And […]
By Paula Pant
Tony lives in Chicago, where the returns on rental properties are so-so. He’s thinking about investing in Indianapolis, where he consistently finds rental properties with cap rates that are greater than 8 percent. Should he invest locally, so that he can get a primary residence mortgage and keep a closer eye on the space? […]
