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? We suggest Mario & Luigi, Meghan Markle before royalty, a bust out of jail guide and perhaps the greatest musician ever!
A new study shows different strategies may be effective at motivating people to donate, apart from all that “sadvertising.” The study from Nathan Chan, assistant professor at the University of Massachusetts Amherst, and Casey Wichman, assistant professor at the Georgia Institute of Technology, found that people in good moods are more likely to donate to a charitable cause.
Actor Randall Park is making his feature debut as a director with the upcoming film, "Shortcomings," and spoke with Cheddar News about the movie. Other cast members also joined to talk about the film.
