By Paula Pant
Welcome to another Ask Paula episode!
This week, I answer three real estate questions:
#1: What criteria do you use when you’re shopping for an investment property? What qualities make you say, “heck yeah I’m buying this!!” — and what qualities make you say, “No way!”
#2: I enjoy renting my personal home, but I […]
By Paula Pant
Imagine that you’re looking for a rental property. It’s a warm Saturday afternoon, and you decide to cruise through a few open houses in the area.
Your autonomously-driving electric vehicle pulls into the driveway. Your wifi-enabled contact lenses automatically register the property’s details: square footage, year of construction, sales history, tax assessment, price-to-rent ratio, average […]
Written By Paula Pant
I have an ideal self, and a present self.
My ideal self exercises daily. She hikes or climbs at least twice a week. She eats plenty of vegetables.
She explores ideas that fascinate her. She reads one to two books a week, making copious notes and annotations throughout. Brilliant blog posts emerge as the […]
By Paula Pant
This week, I’ve devoted a special episode of Ask Paula to answering questions about real estate investing.
Our first question comes from Ade, who has $25,000 to invest in real estate and lives in the Bay Area. Understandably, he’s thinking of investing out-of-state, and wants to know if Atlanta is still a good city to […]
By Paula Pant
It’s the first Monday of the month, and you know what that means – another Ask Paula episode.
Our first question comes from Richard, who wants to know if he should focus on creating a travel fund or building passive income through real estate.
What did I do, and how did I manage to […]
Written By Paula Pant
Some people are addicted to booze; others gambling.
Me? Home renovation.
Three months ago, we finished a $13,000 remodel on Rental House #4. To celebrate, we told our contractor to demolish a kitchen in a different house.
Call it a victory lap. 🙂
We’re renovating House #2, and we’re coordinating everything — from demolition to final clean-up — […]
Written By Paula Pant
Last month, one of our rental properties looked like this:
Today, the same property looks like this:
Renovating this rental property took three weeks, cost $13,648, and increased our rental income by $3,450 per year. We worked roughly 38 hours, spread across those three weeks.
Want to learn more about maximizing rental […]
By Paula Pant
It’s the first Monday of the month, and you know what that means …
Time for another Ask Paula episode! On today’s show, I answer a handful of phone calls from listeners who posed questions about real estate investing.
One caller from Atlanta said that he’s thinking about buying a rental property from a turnkey […]
Written By Paula Pant
Let’s open the books … again.
Every month I reveal my income, expenses and bottom-line results from my real estate investments.
This month’s update is long overdue (it’s a 2-for-1!) because I’ve been trying (unsuccessfully) to write a deep-dive lesson to accompany this article.
I don’t want to merely publish numbers; I want to add insight like “how […]
Written By Paula Pant
Hey, I have a question for you.
You buy a rental property. Congrats. How long will it take before the property pays for itself?
“Uhhhh…. ??”
Okay. I thought so.
By the end of this article, you’ll know how to calculate this figure.
In the process, you’ll understand why the One Percent Rule matters … […]
