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.
Prosecutors have received a second expert analysis of the revolver fired in the fatal shooting of a cinematographer by Alec Baldwin on the set of a Western film in New Mexico, as they weigh whether to refile charges against the actor.
An ancient Christian mosaic bearing an early reference to Jesus as God is at the center of a controversy that has riled archaeologists: Should the centuries-old decorated floor, which is near what's believed to be the site of the prophesied Armageddon, be uprooted and loaned to a U.S. museum that has been criticized for past acquisition practices?
Sean and Leigh Anne Tuohy are calling Michael Oher's claims that they enriched themselves at his expense “outlandish," “hurtful and absurd" and part of a “shakedown” by the former NFL offensive tackle, whose relationship with the family was the inspiration for the movie “The Blind Side."
