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Tag: buying a rental

October 7, 2019By Paula Pant

#219: Ask Paula – How Should I Invest $4,000 Per Month for Early Retirement?

Stella is working toward FIRE and wants to know: how can she create passive income in her retirement years? Is a portfolio with stocks and bonds enough, or should she invest in real estate?

Travis and his wife are also on the FIRE path, and are comparing their investment options. Travis is concerned about the inefficiency of reinvesting returns in real estate. How can you factor this into your decision when buying a property?

Stephanie and her husband are also interested in FIRE (hooray!) and they have $20,000 to invest. How can they best use this money to help them FIRE sooner?

Cade, a 24-year-old listener, wants to FIRE by age 30 (we’re on a roll!). He’s saving $4,000/month and wants to know how to invest these savings.

Anonymous and their partner are taking a mini-retirement and have questions surrounding the logistics of healthcare. What options should they consider?

On a different note, Amanda works in academia. After listening to Episode 12, she’s looking for tips on managing long-term, complex collaborative projects now that she’s in a leadership position.

Steve’s question brings us to the topic of building an online business and social media following. Should he have one brand for all of his interests, or divide these interests into separate channels?

I tackle these questions in today’s episode of the show. Enjoy!

Keep reading...

July 16, 2018By Paula Pant

#140: Ask Paula – Should I Buy a Rental Property with an HOA?

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 […]

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February 26, 2018By Paula Pant

#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 […]

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February 6, 2017By Paula Pant

#63: Ask Paula – Travel vs. Passive Income, Proximity in Real Estate Investing and Selling Off Properties

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 […]

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December 5, 2016By Paula Pant

#54: Ask Paula – Automating Savings, Starting a Blog, Emergency Funds, Investing in Real Estate Confidently, and More

It’s the first Monday of the month, which means I’m fielding questions from the audience.

We start with a question from Nicole.

She’s a new listener, and she’s stuck in a confusing situation.

You see, Nicole is self-employed. She’d like to save a percentage of her income — but she doesn’t get regular paychecks. How […]

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July 27, 2014Written By Paula Pant

We Bought House #5. Here’s a Behind-the-Scenes Look — Including the Numbers.

Moderation is not my strong suit.

I don’t just eat one chocolate-chip cookie — I either eat zero, or I eat the whole batch. I don’t just travel for a weekend — I either stay at home, or I hit the road for weeks/months/years.

And apparently, I can’t just buy one or two houses. […]

Keep reading...

October 17, 2011Written By Paula Pant

How to Build a Real Estate Empire (One house at a time!)

It started in October 2010. I had just moved to Atlanta and didn’t know a thing about the city.

I picked a neighborhood at random – eeny-meeny-miney-moe – and rented the first listing on Craigslist. I struck gold.

I moved two blocks from Atlanta’s most beautiful park, a rolling greenscape with spectacular skyline views. […]

Keep reading...

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Afford Anything

  • Start Here
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    • Binge
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    • Your First Rental Property
    • Travel
    • Start a Blog
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