Rental Income Podcast With Dan Lane (business)

Tom knew that he needed to come up with a plan for retirement income. He figured out that if he bought a few rental properties and worked on getting them paid off he would be able to generate enough income to support himself.

On this episode, we talk about how Tom got started with just a little bit of money, and how he paid off his properties.

We also talk about some of the challenges that Tom faced along the way, and how he overcame them.

Direct download: Rental_340B.mp3
Category:Business -- posted at: 3:00am EDT

Chris had a lot of potential tenants that weren't very serious about renting from him. To eliminate the tire kickers, Chris started making people interested in viewing the property fill out a full application and pay an application fee before seeing the property.

On this bonus episode, we talk about how this works, and how it's been working out for Chris.

Direct download: Bonus_11-4-21_B.mp3
Category:Business -- posted at: 3:00am EDT

John talks about what investors should be looking for in rental properties, and what he's looking for.

We also talk about the 1% rule, and if this is still a good benchmark to evaluate rental properties, and other factors that investors should consider.

Direct download: Rental339v2.mp3
Category:Business -- posted at: 3:00am EDT

Ashish from investorfriendlycpa.com explains how rental property investors can save money on taxes with real estate professional status.

We talk about what it is, how to qualify, and rules that investors need to be aware of.

Direct download: BonusTax2ver3.mp3
Category:Business -- posted at: 3:00am EDT

Curtis shares the numbers behind his 8 unit portfolio. We talk about his gross rents, expenses, and his monthly profit.

We also talk about how he finds traveling nurses, how he manages his properties, and how he does his leases.

Direct download: Rental338b.mp3
Category:Business -- posted at: 3:00am EDT

On this bonus episode, Dominic shares details of a recent rental he purchased.

We talk about how he found the property, what he paid, details of his rehab, and we go over his numbers.

Direct download: DOM_Bonus_BRRRR.mp3
Category:Business -- posted at: 3:00am EDT

Bryan shares how he had a rough start buying rentals. It took him 3 years to turn around his first 4-plex.

On this episode, we talked about how he turned things around, raised rents, and turned a building with a lot of deferred maintenance into a property with great cash flow.

Bryan recently closed on his second property. We talk about how he used the equity he created with his first property to buy his second.

Direct download: Rental337.mp3
Category:Business -- posted at: 3:00am EDT

Josh wanted to invest in rentals, but the numbers didn't work in the area that he lives. Real Estate is too expensive, and the rents aren't high enough to make a profit.

On this episode, Josh talks about how he found a less expensive area, and with the help of a good Realtor he has been able to buy rentals and build monthly passive income

Direct download: Rental336josh.mp3
Category:Business -- posted at: 3:00am EDT

Farris talks about how he finds great tenants for his rentals. We talk about the number one thing that investors can do to attract good tenants.

We also talk about where he advertises his rentals (and where he doesn't), how he does showings, how he does pre-screening, where he goes for online screening and other things he looks for in his screening process.

Direct download: Bonus-Perfect_Tenant.mp3
Category:Business -- posted at: 6:00am EDT

Matthew & Kim share how they are working towards replacing their W2 job income with a small rental portfolio.

On this episode, we take a look at where they are now, their current rental income, and talk about their plans to pay off their entire portfolio.

We also talk about how their old school way that they manage their rental portfolio without any online software or technology.

Direct download: Rental336.mp3
Category:Business -- posted at: 3:09am EDT