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Podcast 136: Becoming a Landlord

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Today on the Consumerism Commentary Podcast, Tom Dziubek talks to Paula Pant, journalist, entrepreneur and founder of the personal finance website Afford Anything.

Paula talks about several landlord-related topics, including what to look for when purchasing a property, how tenants see properties different than landlords and the kind of work a landlord should expect.

Consumerism Commentary Podcast
Becoming a Landlord: S06E06 / 161

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Table of contents

Consumerism Commentary Podcast[00:00] Introduction from Tom Dziubek
[00:36] Interview with Paula Pant
[00:54] Owning rental properties
[01:51] Analyzing a property’s profitability
[03:04] Expenses involved
[04:08] Things to look for in a property
[05:19] Renting to professionals
[06:54] The affect of the number of rental units
[08:39] Paula’s experience
[10:19] Fixer-uppers and meeting the needs of the tenant
[12:25] The costs of fixing up a house
[16:40] Income tax implications
[19:26] Being a landlord
[21:54] Finding good tenants
[23:05] What tenants look for
[23:38] Tasks to outsource
[28:17] End

We always welcome feedback from listeners. If you have any comments for this episode or for any other, or if you have suggestions for future episodes, please leave us comments here or email us at podcast at this domain name.

Theme music by Mindcube.

Published or updated November 26, 2011. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes, also known as Flexo, is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow Luke Landes on Twitter. View all articles by .

{ 3 comments… read them below or add one }

avatar Cejay ♦1,521 (Half-Dollar)

I am going to make DH read this. We spent this weekend talking about whether we wanted to invest in a couple of fixer uppers and become landlords. He is all for since he thinks this is how we will get another revenue stream for our retirement. Me not so much. But I did make the rule that I will vet potential tenants. DH is very softhearted.

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avatar Mike

My dad own a couple of single room rentals. He says half the rental income goes to a licensed realtor.

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avatar Mike

I meant for the first months rent.

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