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Search results for: repairs and maintenance

April 12, 2011Written By Paula Pant

Supersize My City Apartment: Buying a Triplex

…take another five years, at least, to update the cosmetics so that the house is attractive. But if the enormous cost of repairs and maintenance is our only out-of-pocket expense…

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May 14, 2025By Paula Pant

#607: Q&A: Remember When Money Advice Came From Just One Book at the Library?

…a four-bedroom home for £400 a year. We don’t have property taxes like in the States—our “council tax” is paid by the renter, not the owner. And maintenance has been…

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May 7, 2012Written By Paula Pant

We Bought a Third Rental House!

…mold, so we’ll “break even.”) The “REAL purchase price” is the purchase PLUS initial repairs. Our repairs are going to cost about $6,000, so the “actual cost” of the house…

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April 9, 2012Written By Paula Pant

The House is Ready to Go on the Market!

…a beautiful swan? House: $21,000 * Labor: $4,661.73 ** Materials: $3,576.98 Total Repairs (Labor + Material) = $8,238.71 Total = $29,238.71 * we also paid a couple hundred bucks for…

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December 14, 2011Written By Paula Pant

I Cringe at This Common Real Estate Mistake …

…that this is a losing deal. After insurance, water, trash, management, repairs, maintenance and vacancies, I’d be bleeding money every month. The prices in this neighborhood simply haven’t fallen enough…

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March 5, 2021By Paula Pant

#304: Ask Paula & Joe – Help! I Can Only Save $200 a Month

…the older side and needs renovations, but the repairs don’t need to happen immediately. How can he fund these repairs while also avoiding a mortgage payment in his 60s? Anonymous…

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November 12, 2013Written By Paula Pant

How I Went From Broke to $4,600 / Month in Passive Income By Age 28

…tenants and did my own maintenance and repairs (though I’ve since outsourced both of those tasks.) My Step-by-Step Path to Growing Passive Income As the title of this post suggests,…

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September 18, 2012Written By Paula Pant

Why I Spent $17,021 (on Home Upgrades) in the Past Three Months

…new bathroom. (In hindsight, I should have realized that a $5,000 ballpark was far too low.) I underestimated the extent of the repairs needed. The floor joists were rotten; the…

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August 17, 2016Written By Paula Pant

How I’m Making an Extra $3,450 Per Year with Three Weeks of Part-Time Work

…noticed minor maintenance issues: clogged gutters; damaged closet doors. She hired a contractor, gave him instructions, and oversaw his work. She paid him directly, deducting this from our payout. Here’s…

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November 4, 2014Written By Paula Pant

The Airbnb Experiment: 42 Guests, 1 Police Visit, and $19,000

…passive. In fact, I’ve coined a formula: “PM + PM = Passive,” which means “Preventative Maintenance + Property Manager = Passive.” Preventative Maintenance means spending lavishly on “Keeping Sh** from…

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Afford Anything

  • Start Here
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    • Binge
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    • Your First Rental Property
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