Episode 339: TMBA339: Can You Invest in Property if You Don’t Have Much Money?
Tropical MBA: Entrepreneurship & Founder Lifestyle
Dan Andrews; Ian Schoen
4.9 • 527 Ratings
🗓️ 2 June 2016
⏱️ 33 minutes
🧾️ Download transcript
Summary
http://www.tropicalmba.com/property/ On today's episode, Dan and Ian are going to speaking with Paula Pant. Back when Dan was experimenting with renting a place on AirBNB, he stumbled upon Paula's blog at AffordAnything.com. She is incredibly transparent in her business model, demonstrating how she created a real estate portfolio that provides her with cash flow every month. You'll hear Paula share her story about how she started from scratch to build a successful collection of rental properties.
Transcript
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| 0:00.0 | Hello. |
| 0:00.9 | Hey, man. |
| 0:01.9 | You missed a production meeting this week. |
| 0:05.7 | Yeah. |
| 0:06.5 | What's going on, man? |
| 0:07.7 | I have my suspicions that this house has kind of taken over. |
| 0:10.8 | So my framework was supposed to be, he was here yesterday, no show today, but I have all |
| 0:15.6 | his tools at my house, so I'm feeling pretty good about that. |
| 0:18.2 | We're behind schedule, supposed to move in by the first. We've got about 12 days left. The studs are totally exposed. No sheet rock. The electrical isn't done yet. I'm not sure we're going to make it. I mean, could I get 30 minutes? It's Wednesday night, man. Absolutely. So the first thing I did in this house before I ripped everything out was I installed the internet. So actually there's no excuse for me to miss that production meeting, but I will be there |
| 0:40.4 | for the podcast. |
| 0:44.7 | Hey podcast, listener. |
| 0:46.1 | Even if you are alone in your entrepreneurial journey, know that today, right now in your |
| 0:50.1 | earbuds, you are joined by thousands of entrepreneurs from all around the globe seeking to |
| 0:55.0 | grow better, more profitable, location independent businesses. If you'd like to learn more about |
| 1:00.2 | what we do and download our entire back catalog, check out tropical MBA.com. |
| 1:23.6 | So one of the reasons we wanted to do this episode today, Bossman, is to ask ourselves the question, can you invest in property if you don't have that much money? |
| 1:26.5 | Like, how does property investment stack up? not only as a portfolio strategy to diversify |
| 1:30.0 | your income, but as a cash flow strategy? That's very good. I have nothing to say. |
| 1:36.5 | Thank you. That's very good. So, of course, we'll continue to check in at Camp Ian. Have you |
| 1:43.2 | officially named your home yet, by the way? I haven't. Is it going to have like a ranch name? You can't name it a ranch. I think I asked around about this. We have about two acres. So you can't name it a ranch unless it's five acres, I believe. So it's called a ranchette, technically speaking. But I don't think I could say the term ranchette too much. I wouldn't go |
| 2:01.4 | with that. Down to Ranchette Day, Ian. It doesn't work. In today's episode, we're going to be speaking |
| 2:07.0 | with Paula Pant, who has a website actually that I'm a reader of. It's called afford anything.com. |
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