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? […]
Category: Real Estate
#118: Ask Paula – How Do I Buy a Foreclosure? – and Other Real Estate Questions
Questions — I get questions! Today, I’m tackling four queries about real estate investing that come from the audience. Here are the details:
Sam says:
I work full-time and I’m not handy, so I definitely need a property manager. I’ve found an amazing property management company, but they only serve a small, specific […]
#114: Ask Paula – How Should I Invest $100K in Real Estate?
This week, I answer five questions about real estate investing from the audience.
Joelle asks:
I own a home outright on the West Coast. I’m thinking about taking out $100,000 from my home equity, and using this money to buy a rental property.
I found a community out east where I can buy a […]
#113: How I Run a Six-Figure Business and Host an Airbnb while Traveling the World — with Natalie Sisson
Natalie Sisson was tired of the corporate world. She wanted freedom, adventure and fulfillment.
In 2008, she quit her job and co-founded a tech company — but soon she discovered that running a company felt a lot like having a day job.
Two years later, she quit her own company in order to truly strike […]
#106: Ask Paula – How to Estimate Repair Costs, File Taxes on Rental Income, and More
How do you search for rental properties out-of-state? Should I offer a lease-option contract to my friends? How can I estimate repair and maintenance costs? And can you deep-dive into bookkeeping and taxes for rental real estate?
I tackle these four questions in this episode of Ask Paula – real estate edition.
Saul from Salt […]
#102: Ask Paula – Should I Sell My Rental Property & Invest the Proceeds in the Market?
This week, I’m back to answering questions posed by listeners of the podcast.
Wally asks:
Should we continue to rent out our home, or should we sell it? We bought a home in California but have since moved to New York and have been renting there. After all expenses on the rental are accounted for, […]
#96: Ask Paula – Should I Be an Out-of-State Airbnb Host?
Today I tackle 4 real estate questions that come from the listeners.
Chris, age 25, says:
Over the next 30 years, I’d like to acquire 15 rental properties. Then, at age 55, my wife and I can retire and travel.
To begin, I’d like to buy a duplex, live in one unit and rent the […]
#92: How Do I Hire an All-Star Rental Property Team?
If you’re interested in real estate investing, and if you’ve wondered how to assemble an all-star team, today’s episode is for you.
I’m hosting another edition of Ask Paula, in which I tackle three audience-submitted questions about building a team as a real estate investor.
Salome from Cincinnati asks:
Who are the people I’ll need […]
#90: Ask Paula – Your Rental Property Questions
Curious about real estate investing?
I’m rocking the microphone solo on today’s episode, tackling the rental property questions that you — the listeners — have asked.
Rachel from the Ozarks asks:
I’m inspired to start investing in real estate. I live in the Ozarks region, and the cap rates around here are fantastic. However, the […]
#86: Ask Paula – Should I Keep my Properties in an LLC?
It’s time for another real estate edition of Ask Paula!
Our first question comes from Heather:
Heather is ready to buy her first rental property. She wants to acquire about one house per year, following a buy-and-hold strategy.
What’s the best way to structure this? Should she put her properties into an LLC? Hold […]