Ever dream of owning multiple properties but aren't sure where to start? Paula Pant, Founder of AffordAnything.com, joins Your Cheddar to give tips on investing in rental properties.
In order to start investing in real estate Pant says you need to achieve three things: have no credit card debt, have a low-interest rate on other debt (student loans, etc) and have a personal emergency fund. She says don't rush into buying a property if you aren't prepared.
Plus, what price range should you be looking at when investing in rental properties? Pant says to pay attention to the ratio of overall price to monthly rent. You'll want a property in which the gross monthly rent equals at least 1% of the purchase price.
Wondering what to watch this weekend? This week we suggest the secrets to aging gracefully, life after boxing, a serious criminal drama and classic John Steinbeck.
Millions of bees were spilled from crates on a truck in Canada.
One Good Thing: Oprah and The Rock Launch Fund For Maui
Archaeologists found hidden treasure from a 200-year-old West Point time capsule that initially disappointed in a live stream that appeared to yield just dust when the artifact was first opened.
The thief who went viral after he stopped to pet a dog while stealing a bike was caught.
Residents of a small town in Italy saw ancient ruins discovered on a site that was being constructed for a supermarket.
The annual food fighting festival in a Spanish town left the town in tomato sauce.
Archaeologists found hidden treasure from a 200-year-old West Point time capsule that initially disappointed in a live stream that appeared to yield just dust.
There won't be a shortage of parties and barbecues this Labor Day weekend. Madeleine Buckley, senior editor with The Toy Insider, joined Cheddar News to show what games are available for families and friends of all ages to enjoy together.
Taylor Swift's Eras Tour is coming to movie theaters.
