Rental Income Podcast With Dan Lane

Alec and Angela talk about a 3 unit house they purchased that provides enough income that Angela was able to quit her job to pursue her true passion. This one property brings in almost $60,000 in rental income

Direct download: Rental138.mp3
Category:Business -- posted at: 3:05am EST

Marcus talks about how he developed a relationship with a community bank that brings him really good off market deals, and helps him with financing too. He also talks about how he self manages his out of town rental portfolio from 2,500 miles away.

Direct download: Rental137.mp3
Category:Business -- posted at: 3:01am EST

Andrew shares the best websites to advertise rentals, and the website he avoids. He shares the minimum criteria to rent from him, and we also go over an actual application for someone that recently applied to rent one of his properties.

Direct download: Rental136.mp3
Category:Business -- posted at: 3:05am EST

Fleming talks about how he started buying rentals in his 20's, and by the time he was 41 he had enough rental income to retire. We talk about the numbers, financing, and setting money aside for repairs.

Direct download: Rental135.mp3
Category:Business -- posted at: 3:00am EST

Amy's dad owned rentals when she was a kid. When she became an adult she decided that she wanted to own rentals. On this episode we talk about how she learned the business by managing one of his properties, and she tells the story of how she bought her first rental.

Direct download: Rental134.mp3
Category:Business -- posted at: 3:01am EST

Nabeel talks about how he started building his portfolio in the early 2000's and sold everything before the market crashed. He started buying rentals again in the last year and a half. On this episode we talk about how he has been growing and financing his portfolio.

Direct download: Rental133.mp3
Category:Business -- posted at: 3:05am EST

Mike shares how he is building a rental portfolio that has enabled him to cut back his hours at his job. We talk about the numbers he looks for in a rental purchase, how he gets above market rent, and how he gets tenants to stay with him for long periods of time.

Direct download: Rental132.mp3
Category:Business -- posted at: 3:02am EST

Wilson talks about his property that he rents out to students near a University. After all expenses this property nets him $1,800 a month. We talk about how he got started, financing, and how he manages the property

Direct download: Rental131.mp3
Category:Business -- posted at: 3:02am EST

Paul talks about building a rental portfolio that is totally passive. He talks about what he looks for in a potential purchase, how he stays out of the day to day management. We also talk about how he avoids risk and financing.

Direct download: Rental130.mp3
Category:Business -- posted at: 3:05am EST

Kathy shares her story of buying and self managing rental properties across the country. She talks about how she found the properties, how she deals with showings, inspections, and repairs with out being in the same area.

Direct download: Rental129.mp3
Category:Business -- posted at: 3:05am EST

Scott shares how he built a large portfolio without bank financing. He talks about how he used the cash flow he was getting from one rental to buy another. He has used this strategy to buy over 100 rentals.

Direct download: Rental128.mp3
Category:Business -- posted at: 3:00am EST

Drew talks about how he has been building his portfolio not to provide him with cash flow today, but to provide him cash flow during retirement. He also talks about how he is teaching his son about real estate, and how he recently helped his son by his first rental.

Direct download: Rental127Rev.mp3
Category:Business -- posted at: 3:01am EST

A commercial banker talks about how community banks can help investors grow their portfolios. We talk about what they are looking at when they are deciding if they are going to make a loan, how investors can build relationships with banks, and some of the costs involved.

Direct download: Rental126.mp3
Category:Business -- posted at: 3:00am EST

Paul started buying rentals two years ago, and in that time he has acquired 22 rentals without bank financing. On this episode we talk about how he raises money from regular people that have some money to invest. He shares with us where he finds investors and what he says to them.

Direct download: Rental125.mp3
Category:Business -- posted at: 3:03am EST

Kevin shares how he is found, bought, and financed his first 3 rental properties.

Direct download: Rental124.mp3
Category:general -- posted at: 3:00am EST

Nick shares what he has learned owning a single duplex over the last 16 years

Direct download: Rental123.mp3
Category:Business -- posted at: 3:00am EST

Rich shares how he's finding great cash flowing rentals in a market that most investors say you can't find deals. He also shares how he manages contractors, the incentive he gives his tenants to get them on ACH payments, and he also shares how he helps other investors do the BRRR strategy.

Direct download: Rental122.mp3
Category:Business -- posted at: 3:05am EST

On this episode we walk through how a  husband and wife team built a portfolio that generates $35,000 a year in cash flow. We also talk about some of the unique things that they do to generate revenue in addition to rent.

Direct download: Rental121.mp3
Category:Business -- posted at: 3:00am EST

Mitch was really scared that he would lose money investing in rental properties. But, he also knew that owning rentals was a great way to build wealth. On this episode he tells his story of how he got over the fear and got started buying rentals.

Direct download: Rental120.mp3
Category:Business -- posted at: 3:00am EST

Tim has a different strategy than most of the guests that we've had on the podcast. Tim buys properties high end properties in good neighborhoods.. These properties don't cash flow that great, but that's not why Tim is buying. He's built a lot of wealth through appreciation and debt pay down.

Direct download: Rental119.mp3
Category:Business -- posted at: 3:01am EST

Mark shares how he started building his portfolio while working his full-time job. After a few years he had enough rental income to leave his job and live off the rental income. We talk about how he started buying rentals with 10% down payments, and eventually figured out how to buy rentals without a down payment. Mark also shares some tips and tricks that he uses to mange over 100 rentals in just a few hours a day.

Links mentioned on the show:

Kiwkset 272 Master Key Set

MarkOwens.com

Direct download: Rental118.mp3
Category:Business -- posted at: 3:01am EST

CPA Craig Cody shares ways that rental property owners can save money on their taxes, and talks about things to do (and not do) to avoid an audit.

Direct download: Rental117Tax.mp3
Category:Business -- posted at: 3:01am EST

Jay tells us why he has been investing in a town that is about an hour away from where he lives, and what he is doing to minimize his vacancy to almost nothing. We also talk about why he invests for cash flow vs appreciation.


**Thanks to Norada Real Estate and RealtyShares.com/rental for sponsoring this episode of the podcast**

Direct download: Rental117.mp3
Category:Business -- posted at: 3:01am EST

Graham shares his story about how he has good months and bad months at his job, and was looking for a steady income stream. He stated buying rentals, and now owns 3 properties that cover his basic living expenses.

Direct download: Rental115A.mp3
Category:Business -- posted at: 3:00am EST

I'm trying to decide if I should rent to people with pets. On this episode I have two guests with different views on the subject. One landlord will allow pets with certain conditions, and the other has had bad experiences renting to pet owners and will not allow it.

I listen to both point of views, and decide what I'm going to do.

Direct download: Rental114C.mp3
Category:Business -- posted at: 3:00am EST

The story of how he saved himself from financial ruin. He couldn't afford to pay his mortgage, and was looking for a way to generate passive income. Within 6 months he was generating enough income to pay his mortgage, and today he manages his portfolio full-time.

Direct download: Rental113.mp3
Category:Business -- posted at: 3:00am EST

JC tells us about how he has been building his portfolio while working full-time as a tennis instructor. He tells us the good and the bad of low income rentals. We also talk about the numbers on his most recent deal.

Direct download: Rental112D.mp3
Category:Business -- posted at: 3:05am EST

Joe shares 4 things that he did (and continues to do) to become a millionaire with his rental properties.

Direct download: Rental111.mp3
Category:Business -- posted at: 3:05am EST

We talk about the minimum credit score, and income landlords should accept. As well as tips to verify the information that the applicant provided.

Direct download: Rental110C.mp3
Category:Business -- posted at: 3:00am EST

Brit shares tips on how to find an "investor friendly" Realtor, he shares how he financed his portfolio, and he tells us, in his opinion, if it is really possible for someone to quit their job and live off their rental income.

Direct download: Rental109.mp3
Category:Business -- posted at: 3:00am EST

Becky doesn't buy rentals - She builds them! We talk about how she got started, and why she decided to build properties. We also talk about what she learned from evicting a tenant.

Direct download: Rental108.mp3
Category:Business -- posted at: 3:00am EST

Josh shares the details of his first deal. A property that is generating $1,200/month in cash flow.

Direct download: Rental107.mp3
Category:Business -- posted at: 3:05am EST

Andrew shares the simple formula he uses to pay off properties quickly. He explains how he is able to payoff 5 properties every 7 years. 

Direct download: Rental106.mp3
Category:Business -- posted at: 3:00am EST

Jan shares her experience having new homes built to rent out. She also shares some great property management tips that she has picked up.

Direct download: Rental105final.mp3
Category:Business -- posted at: 3:00am EST

Cory set a goal that he wanted to buy 10 duplex's in 10 years - and he did it!! On this episode we talk to Cory about what he has learned, how he manages over 100 doors, and we get some advice about if it is a good idea to buy a rental in a retirement account, or to take money out of a retirement account to buy a rental.

Direct download: Rental104.mp3
Category:Business -- posted at: 3:00am EST

Attorney Jules Haas answers some of the top legal questions I have heard from rental property owners. We talk a lot about LLC's, what to do if a tenant slips and falls and sues you, and how to avoid hassles for your heirs if you pass away while you own properties.

Direct download: Rental103Jules.mp3
Category:Business -- posted at: 3:00am EST

Mel and Natalie own just a few rentals, but they treat it like a business. They have a great process for screening tenants, and managing the day to day operations.

Direct download: Rental102rev.mp3
Category:Business -- posted at: 3:00am EST

Kevin shares the details on how he makes over $1,000 a month renting a single bedroom on AirBnb. He also gives ideas on ways investors could scale a AirBnb property to make even more money.

Direct download: Rental101.mp3
Category:Business -- posted at: 3:00am EST

Dan and Suzanne share why they sold a cash flowing rental and the details on buying a property in another city.

Direct download: Rental100.mp3
Category:Business -- posted at: 3:00am EST

Mike shares step-by-step exactly how he purchased 5 rentals (with numbers and details). The income off those 5 properties was enough to replace his income, so that he could quit his job and work full-time on building his rental portfolio.

Direct download: Rental99.mp3
Category:Business -- posted at: 3:00am EST

Tristen shares what he has learned about tenant screening, collecting rent, and managing repairs after owning a 3 unit building for two years.

Direct download: Rental98.mp3
Category:Business -- posted at: 3:00am EST

Denise shares how she was able to replace her job income with rental properties. We talk about how she finances properties, and how C class properties are different than B class properties

Direct download: Rental97.mp3
Category:Business -- posted at: 3:00am EST

Ben shares his story of how he built a portfolio of 26 rentals. He also shares what he looks for in a rental property. We talk about if the school district matters, and the numbers he looks at when evaluating a deal

Direct download: Rental96.mp3
Category:Business -- posted at: 3:00am EST

Jennifer shares how she built her portfolio using very little of her own money, and now generates $80,000 a year in cash flow.

Direct download: Rental952.mp3
Category:Business -- posted at: 3:00am EST

Learn how Randy has been using creative financing to build his rental portfolio. He shares how he has been buying properties with no down payment and at 0% interest.

Randy also shares how he makes sure he always gets paid rent on the 1st of every month, and why he stopped charging a security deposit.

Direct download: Rental94.mp3
Category:Business -- posted at: 3:00am EST

Joseph shares his incredible story of how he bought 17 units in his first 3 months as a real estate investor.

Direct download: Rental93.mp3
Category:Business -- posted at: 3:00am EST

Jason built his portfolio by buying a house to live in, and a year later renting that house and buying a new house to live in. On this episode he shares how he did it, and shares some tips on how investors can work with Realtors

Direct download: Rental92.mp3
Category:Business -- posted at: 3:00am EST

David shares how he has built an out of state rental portfolio while working a full-time job. He shares how he found properties, and how he manages the rehabs from across the country

Direct download: Rental91.mp3
Category:Business -- posted at: 3:00am EST

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