All Forum Posts by: Lisa Ryan

I lived with a friend who was a smoker. Like a pack a day type of smoker. I don't smoke & the smell really bothers me. If I was in the same room as her I could definitely tell if she just smoked, but the house never smelled like cigarets.

I rent out rooms in my house & my tenants can have their rooms painted if they want. The stipulations are that I have to approve the colors & a professional will be hired (I pick, they pay).

Hi Esh,

I'm in Philly too. What area of the city in particular are you looking at?

Lisa

Thanks for your support guys!

Hi!

I'm a new young-blood from Philadelphia. I got into this by accident (at the age of 23) and kind of became addicted to the passive income.

I relocated to the area for my job and rather than renting, I decided to buy a house. I ended up with a 3 bedroom, 2.5 bathroom in far NE Philly. I work for a Big 4 Public Accounting firm and while I'm not rolling in it, I make a comfortable salary and could easily afford my house. However, I saw the opportunity to make money and "live for free" if you will, so now I have two tenants/roommates. My house cost $170 and my whole mortgage payment (interest, taxes, insurance included) is $800. Each roommate pays $500 plus 1/3 of utilities, so not too shabby.

I got to thinking that I could expand this and buy a true rental property, so that's what I'm currently looking to do. I've been out with the realtor a few times but haven't found the perfect piece of property yet. Hopefully tomorrow!