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Archive of Paula Pant

Paula Pant quit her 9-to-5 job, invested in 7 rental units, and traveled to 32 countries. Her blog, Afford Anything, shares how to shatter limits, build wealth and maximize life. (At AffordAnything.com, she shares EXACT numbers from all her rental investments -- costs, cash flow, cap rate; it's all published for the world to read.) Afford Anything is a gathering spot for a tribe dedicated to ditching the cubicle. Read her blog, and join the revolution.

Paula has written 32 articles for The BiggerPockets Blog.


Real Estate Investing

How to Prorate Rent Without Getting Taken to the Bank

by Paula Pant August 28, 2014
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One of the first tenants that I ever found moved in during the middle of the month. I was happy with this arrangement. Occupancy is better than vacancy, even if it starts on an odd day. At the time I first met the new tenant, we were already about three weeks deep into the current […]

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Rental Properties

The 3 Weirdest Questions My (Prospective) Tenants Have Ever Asked

by Paula Pant May 28, 2014
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I’m prepared to answer normal questions. When I conduct showings of my rental units for prospective tenants, I’m ready to answer questions such as, “What’s the average cost of utilities? How close by is the nearest grocery store or park? How is the crime rate in this area?” Related: 7 Questions You Should Ask Prospective Tenants … […]

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Financing Real Estate

How Much Debt Should You Carry?

by Paula Pant May 14, 2014
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My social circle consists of two wildly different worlds. On one hand, I’m surrounded by real estate investors who, broadly speaking, love leverage. Leverage allows them to create cash flow and equity out of thin air. Leverage allows them to multiply small amounts of money into purchases of assets that are worth five to 10 […]

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Rental Properties

How to Evict a Tenant Without Losing Your Mind

by Paula Pant April 30, 2014
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Today we’re going to talk about that subject that no one likes to discuss. It’s the topic that no one even likes to think about. It’s so miserable that, well, we would all feel better if we pretended that it didn’t exist. I’m talking, of course, about evictions. One of the sad realities of being […]

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Real Estate Investing

3 Benefits to Getting a Real Estate Agent License

by Paula Pant April 16, 2014
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I’m coming up on the one-year anniversary of the month in which I received my real estate license. That’s right. I’m a licensed real estate agent. Most people don’t know that about me, not even my closest friends. It’s not that I’m trying to hide it. It just never really seems to come up in […]

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Real Estate

3 Impressive Ways that Buy-and-Hold Investors Gain Equity

by Paula Pant April 2, 2014
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Think rental properties are ONLY good for cash flow? Guess again. If you have a buy-and-hold strategy with real estate — in other words, if you are the proud owner of a rental property — you may think that the only money that you earn is through monthly cash flow. If your property grosses $1400 […]

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Real Estate Investing

Should You Buy More Rental Properties Or Pay Down the Ones You Have?

by Paula Pant March 19, 2014
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Many rental property owners are debating between two choices: Should they focus on paying down the handful of properties that they already own? Or should they buy more properties? In this article, we’ll discuss two questions that you should ask yourself in order to arrive at the answer. Two Caveats I’d like to give two […]

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Rental Properties

The Awesomeness of Holding an Open House to Find Tenants

by Paula Pant March 5, 2014
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Let me tell you how much I despise one-on-one showings with perspective tenants. Okay, “despise” is a strong word. It’s meant for dramatic effect. But I’m a busy person. And driving to my property  to show a vacant unit to one person is a massive waste of time.   Yes, I pre-qualify the tenants over the […]

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Rental Properties

8 Things I Hope My Landlord Never Finds Out…

by Paula Pant February 19, 2014
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Today, just for fun, I thought I’d write a slightly tongue-in-cheek post from a fictional renter’s perspective. Hopefully it’ll give some landlords a nice laugh. (Who’s experienced some of this? Show of hands?) Without further ado — 8 Things I Hope my Landlord Never Finds Out. #1. Even though our rental agreement says I cannot […]

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Rental Properties

4 Crucial Tips for Dealing with a Crisis as a Landlord

by Paula Pant February 5, 2014
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Murphy’s Law states that whatever can go wrong, will. Murphy must have been a landlord. I just hope he had a plan. Do you have a plan in place for how you’ll deal with emergencies at your rental properties? Imagine that a fire breaks out, or that your rental house gets burglarized, or that the […]

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Rental Properties

7 Questions You Should Ask Prospective Tenants … Or Else

by Paula Pant January 22, 2014
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First impressions mean everything. When you first meet your prospective tenant, you should ask a few key questions. The tenant’s answers will shed a good amount of light on what type of experience you can expect from this candidate. 1. Why are you moving out of your current home? This is probably the single most […]

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Rental Properties

One Question You Should NEVER Ask Your Tenants or Buyers

by Paula Pant January 10, 2014
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When I go to parties, conferences, or networking events, people frequently ask about my ethnic background. People use this question as an icebreaker, just like “How’s the weather?” or “How was traffic?” Me: “Hi, My name is Paula.” Them: “Hi Paula! Are you Indian?” (They usually follow with: “I love Indian food!”) Of course, it […]

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Rental Properties

The Surprising Truth Behind Tenant Turnover

by Paula Pant December 18, 2013
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A few weeks ago, I had a conversation with a friend of mine. She rents an apartment in a large complex. She mentioned that she’s planning on moving out at the end of her lease term. I asked her why she wanted to leave, and she named several minor problems with her apartment. She felt […]

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Rental Properties

Move-In and Move-Out Checklists That Make a Landlord’s Life Easier

by Paula Pant December 4, 2013
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“Procedures.” “Process.” “System.” Ugghh. The words have a jarring sound. Who wakes up in the morning, leaping out of bed, excited about policy and procedures? But after shuffling dozens of tenants through move-in and move-out, I’ve come to recognize the value of having procedures and checklists. They streamline everything. They make the process faster and […]

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Rental Properties

Are You Cut Out to Be a Landlord? 5 Qualities You Need!

by Paula Pant November 14, 2013
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Here’s a hard pill to swallow: Not everybody is cut out to be a landlord. Yeah, that’s right. I said it. Some people were born to landlord. Their personality fits with landlording like … like … peanut butter fits with jelly.  (Lame analogy, I know. But who doesn’t love PB&J?!) Other personality styles, however, might […]

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