My monthly Extraordinary Lives series is one I truly enjoy, and I’m excited to share another insightful interview. Earlier in the series I spoke with JP Livingston, who retired with a net worth of over $2,000,000 at age 28. Today’s interview features Paula Pant, a 34-year-old real estate investor who owns seven rental units that last year grossed $125,000 and produced $43,000 in net income after expenses.
You may already know Paula from her informative blog Afford Anything. I’ve followed her work for a long time and was thrilled to have the chance to interview her.
In this interview you’ll learn:
- How Paula began investing in real estate.
- How she was able to acquire multiple rental properties.
- What criteria she uses when evaluating rentals.
- Which types of properties she prefers.
- How much time and capital it takes to get started.
- How she manages properties from a distance.
- About her worst tenant experience and how she handled it.
- The lifestyle sacrifices she made to reach financial independence.
This interview is full of practical, actionable advice for aspiring rental property investors.