This week, I answer five questions about real estate investing from the audience. Joelle asks: I own a home outright on the West Coast. I’m thinking about taking out $100,000 from my home equity, and using this money to buy a rental property. I found a community out east where I can buy a property…
How do you search for rental properties out-of-state? Should I offer a lease-option contract to my friends? How can I estimate repair and maintenance costs? And can you deep-dive into bookkeeping and taxes for rental real estate? I tackle these four questions in this episode of Ask Paula – real estate edition. Saul from Salt…
This week, I’m back to answering questions posed by listeners of the podcast. Wally asks: Should we continue to rent out our home, or should we sell it? We bought a home in California but have since moved to New York and have been renting there. After all expenses on the rental are accounted for,…
Today I tackle 4 real estate questions that come from the listeners. Chris, age 25, says: Over the next 30 years, I’d like to acquire 15 rental properties. Then, at age 55, my wife and I can retire and travel. To begin, I’d like to buy a duplex, live in one unit and rent the…
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…
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…
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 investing…