…$2,000 per month, one percent is $20. If you make $4,000 per month, one percent is $40. If you make $8,000 per month, one percent is $80. This month, save…
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How I Earned an Extra $40,800 in Two Years Without Lifting a Finger
…up by operating expenses (taxes, insurance, vacancy, management, repairs, maintenance, bookkeeping, accounting). At this conservative estimate, this property will net $5,400 per year in passive cash flow. Over the span…
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…
If I Had $1 Million Dollars, I’d Go Into Debt
…1-bedroom), and $650 per month from Unit 3 (a smaller 1-bedroom). Gross monthly rent: $2,450. I pay $250 per month in insurance, $200 per month for water, and $300 per…
How to Make Long Flights Tolerable
…percent … well, the math is obvious. It’s like I’m saving two percent on every purchase. If I also get a signup bonus, I’m in the 3-4 percent zone. Sweet!…
#237: Ask Paula and Joe – Should I BUY a Business, Instead of Starting One?
…my investment portfolio with an inflation-adjusted military pension? Or can I stay 100 percent in equities since the pension provides regular income? As background: I’m 42 and married. We have…
#220: Stillness is the Key, with Ryan Holiday
…head over to radiusbank.com/paula. Noom Noom is a habit changing solution that can help you develop a new, better relationship with food – without a restrictive diet. The app is…
#455: Ask Paula: Iβm Recently Retired. Do I Pay Off My Rentals Or Buy More Real Estate?
…major airlines to local mom-and-pops. Get 20% off your purchase at LandsEnd.com/paula, and use promo code PAULA 1st Phorm 1st Phorm’s Opti-Greens 50 is a precisely formulated greens superfood powder…
I’m Investing 100 Percent of My 2012 Income
…heater, tune up the HVAC, take a few huge loads to the dump (or rent a dumpster), paint the fascia and termite-proof the house. In short: I need to pour…
Forget Your Debt. Just Forget About It. Really.
…on. If you want to own rental properties, put up pictures of a building in a location you love. Want dividend stocks? Put up a graph of historic returns. Want…