Ultimate Beginner Guide to Real Estate Investing

Ultimate Beginner Guide to Real Estate Investing

#4: Paula shares a confession. Then she redeems herself by sharing her gross monthly income. (Yeah. Listen from the beginning). Full show notes at http://TheMoneyShow.co/04 There are a variety of ways to invest in real estate: Flipping houses Buy-and-hold Tax liens Wholesale Income-producing rental properties (commercial and residential) Paula loves residential rental properties. Ask yourself: Do you want capital appreciation or cash flow from rental income? Paula puts a few guidelines in place to determine if a property is right for her. First of all, the monthly rent needs to be at least 1% of the total acquisition price. Example: A $100,000 home would need to rent for $1,000 a month. Why? Because roughly half of the rent is gobbled up by operating overhead: Taxes, Insurance, property management, and repairs/maintenance Paula offers much more valuable information in this episode and on her blog, AffordAnything.com. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Jean Chatzky Shares Money Rules for Modern Life

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#41: Mollie, a listener, is making smart money moves. She's getting the maximum match on 403b contributions. She's saving for a downpayment on a home. Her husband opened a Roth IRA. What's next? Af...

5 Syys 201631min

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#40: Most of us want to develop better habits. We want to exercise more, eat healthier, get more sleep, watch TV less, pay off debt, or save money. The problem? We make excuses. We tell ourselves w...

29 Elo 20161h 11min

The Seven Stages of Financial Independence, with Joshua Sheats

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#39: It's tempting to think of "financial independence" as a finish line. You've either crossed the finish line, or you're still running the race. But financial independence is more nuanced, says toda...

22 Elo 20161h 25min

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#38: There are 168 hours in a week.   If you work 40 hours per week and sleep 8 hours per night, you’ve accounted for 96 hours. You have an additional 72 waking hours per week.   What are you doing wi...

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Chris Guillebeau -- How to Live a Remarkable Life in a Conventional World

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