Ask Paula - The Real Estate Episode

#187: Sarah needs $36,000 per year in rental income to reach FIRE (Financial Independence, Retire Early). She owns several rentals. When can she comfortably consider herself FIRE? AyV wants to rent out his primary residence. Should he renovate? Anonymous lives in a high-cost-of-living city, but she found a small city nearby with Class B and C+ multifamily properties. These properties need a little work. How can she estimate repair costs? Carly bought a property that underperformed the one percent rule. It’s appreciated in value. Should she sell? Erin is trying to decide if she should buy a $270,000 personal residence in northern Virginia, or a $50,000 rental property in Huntsville, Alabama. Nancy wants to buy rental properties from overseas, but she’s having a tough time finding real estate agents who take her seriously as a buyer. What should she do? I answer these six questions in today’s final Ask Paula - Real Estate episode. Enjoy! For more information, visit the show notes at https://affordanything.com/187  Learn more about your ad choices. Visit podcastchoices.com/adchoices