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
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 … […]
Written By Paula Pant
This is Part II of the Passive Income for Beginners series. Start by reading Part I here.
When I quit my 9-to-5 job, I had no concept of passive income.
Like most people, I conceptualized money in terms of time: “they pay $25 per hour” or “she makes $60,000 per year.” When I quit […]
Written By Paula Pant
Note from Paula: Today I’m featuring a guest post from my friend Brandon Turner, who is officially The Tallest Guy I’ve Ever Met.
I suggested that he write a post about “How I Got So Friggin’ Tall.”
He countered by offering the juicy details on how he created $4,600 per […]
Written By Paula Pant
Forget fancy-pants calculus.
The most important math is the stuff you learned in fourth grade.
How do you know if an income property (rental property) is a good investment?
In this article, I’m going to share three formulas I use when I’m analyzing rental properties.
[…]
Written By Paula Pant
When we first purchased a house, we thought the only expense would be the mortgage. Haha!
Little did we realize that the mortgage is only the beginning.
Homeowners pay for an absurd amount of operations, maintenance and repairs:
Trash service. Water and sewer bills. Gutter cleaning. Termite treatment. Pest control. Power-washing. Replacing […]
