How to Start Investing in Rental Properties with Paula Pant

This week I had the chance to chat with Paula Pant about all
things rental real estate.


Paula Pant is a self-proclaimed globetrotter, entrepreneur and
investor.  She is a journalist-turned-blogger who helps
entrepreneurs shatter limits, ditch the cubicle and live life on
their own terms. She has traveled to 33 countries and owns
seven rental properties. Her belief is that money can fuel your
dreams and that it’s about growing your wealth, not pinching
pennies.  Her blog Afford Anything is part of a
larger movement to allow people to ditch the 9-5 lifestyle and
master their money to embark on their dreams.


HERE'S WHAT YOU’LL LEARN FROM THIS EPISODE:


How to streamline the amount of time you spend on renovating
and managing your rental properties

What’s most important when building a team to assist in
maintaining your real estate portfolio

What’s to think about when selecting a location to purchase
your rental property

Realistic expectations on the time commitment involved in
finding and analyzing a property

The hardest part of the rental real estate game

The numbers needed to arrive at your Net Operating Income and
how to arrive at your Cap Rate (and what it is)

What Passive Income really looks like (and entails)

Where to start and what to consider in building your
renovation team

Why informational interviews also apply to rental real estate
investing

A good rule of thumb for how much to set aside in a rental
emergency fund



LINKS WE MENTIONED ON THE SHOW:


Paula’s Website Afford Anything