Rental Income Podcast With Dan Lane (business)

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

Kori talks about how he is building out his rental portfolio the same way he would start a business.

On this episode, we talk about how he raised money from partners to buy properties, and how he has set everything up to buy and manage properties without him having to be in the same city as his properties.

We also talk about his plans to build a big rental portfolio with the plan of eventually selling it off for a profit.

Direct download: Rental334C.mp3
Category:Business -- posted at: 3:00am EDT

Mike is buying a duplex where the current owner has long-term tenants and hasn't raised rent in a long time. He isn't sure if he should raise rent, and risk the tenants leaving or keep the rent the same and keep the tenants.

On this episode, we get opinions from several landlords to help Mike decide what to do.

Direct download: Rental333AR.mp3
Category:Business -- posted at: 3:00am EDT

Caeli Ridge shares some good news about the mortgage market that is going to mean lower rates for investors.

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

Farris started buying rentals on his own, but recently decided to partner up with a friend to continue to grow his rental portfolio.

On this episode, we talk about how they set up their partnership to avoid duplicating work, what to look for in a good partner, and we talk about two recent deals that Farris and his partner purchased.

Direct download: Rental_332MW.mp3
Category:Business -- posted at: 3:00am EDT

Ashish from Investor Friendly CPA.com answers a listener's question about if buying a rental in another state will help him save money on his state taxes.

We also talk about if owning a rental in another state can help you save money on taxes.

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

Quentin wanted time and location freedom, and he figured that if he bought enough cash flowing rentals they would give him freedom.

On this episode, we talk about how much rental income he needed to replace his W2 income,and how many rentals he needed to get to that number.

We also talk about the kind of properties he bought, and how much cash he needed to invest to build his portfolio.

Direct download: Rental331D.mp3
Category:Business -- posted at: 3:00am EDT

Eric talks about how he got started by turning a condo that he lived in into a rental. He rented the property out for a few years and was making about $300/month. Recently, he sold that property and moved the equity to a 4-Plex using a 1031 Tax-Deferred Exchange, and increased his cash flow to $1,200 a month.

Direct download: Rental330.mp3
Category:Business -- posted at: 3:00am EDT

Anthony talks about what he looks for in a rental property, and the simple math that he does to evaluate potential deals.

We look at one of his recent deals, and he shows us the numbers that he's looking at to see if a deal makes sense

Direct download: Rental329.mp3
Category:Business -- posted at: 3:00am EDT

Ramon shares how he set a goal to buy 50 rentals thinking that if he built a big rental portfolio he would make a lot of money.

But, things didn't work out that way. He ended up not making money and losing his properties to foreclosure.

On this episode, we figure out how things went bad and how he was able to build a smaller portfolio that is way more profitable.

Direct download: rental328.mp3
Category:Business -- posted at: 3:00am EDT