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.
Hollywood's writers strike was declared over after nearly five months Tuesday night when board members from their union approved a contract agreement with studios, bringing the industry at least partly back from a historic halt in production.
Social media users take note: You won't be able to snap that fall foliage selfie at a popular Vermont spot. The town has temporarily closed the road to nonresidents due to overcrowding and “poorly behaved tourists.”
Actor David McCallum, who became a teen heartthrob in the hit series “The Man From U.N.C.L.E.” in the 1960s and was the eccentric medical examiner in the popular “NCIS” 40 years later, has died.
