Rental Income Podcast With Dan Lane
Steven had no money, and a negative networth when he started buying rentals.
 
On this episode, he shares how he got started and built his rental portfolio.
 
We talk about:
 
  • How he got the money to buy his rentals
  • How powerful time is in building equity and cash flow
  • The types of properties that he likes to buy
  • How he keeps costs down by using VA's to help him manage his rentals
  • How he rents properties without showing them to potential tenants
  •  

https://rentalincomepodcast.com/episode460

Direct download: Rental460SA.mp3
Category:Business -- posted at: 3:00am EDT

Brandon didn't have a lot of money when he started buying rentals.

He got started buying what he could afford - old, run-down properties. He fixed them up, and raised the rent. Doing this created a ton of equity.

Today, Brandon is in the process of selling off some of those properties and using the equity he created to buy nice single-family homes in better neighborhoods with cash.

The new properties will be more profitable because they will be newer and not have mortgage payments. They should also be easier to manage.

https://rentalincomepodcast.com/episode459

Have a question, or want to leave feedback about the podcast? Leave a voicemail: 775-346-8882

Direct download: Rental459BP.mp3
Category:Business -- posted at: 3:00am EDT

Joel has been buying rental properties for over 45 years, and on this episode, he shares two timeless things he did to build substantial wealth with his rental properties.

Joel also shares insight into how he thinks about money and how he built his portfolio with the smart use of leverage.

Joel also shares how building relationships with other investors has been a very important part of his success.

https://rentalincomepodcast.com/episode458

Have a question, or want to leave feedback about the podcast? Leave a voicemail: 775-346-8882

Direct download: Rental456JM.mp3
Category:Business -- posted at: 3:00am EDT

David shares how he's been able to substantally grow his cash flow and build wealth by making sure he raises rent every year.

We talk about how much he targets to raise rent, how he notifies tenants about the increase, and how long before the end of the lease he notifies them.

We also talk about why he uses a Realtor to lease his rentals vs leasing himself.

We also look at the numbers for one of his deals and see how much his cash flow has increased over time with yearly rent increases.

https://rentalincomepodcast.com/episode457

Thanks To Our Sponsors:

The Guarantors

Ridge Lending Group

Direct download: Rental457DMR2.mp3
Category:Business -- posted at: 3:00am EDT

Joe lives in an area that historically has seen great appreciation, but cash flow is very hard to come by.

He decided to invest in good areas that had much cheaper properties, that produced better cash flow.

On this episode, we talk about if Joe sees any risk in investing out of state. We also talk about how Joe figured out where to invest, how he found his properties, and see if he ran into any challenges along the way.

https://rentalincomepodcast.com/episode456

Want to be a guest on the podcast? Reach out here:

https://rentalincomepodcast.com/contact

Direct download: Rental456JF2_copy.mp3
Category:Business -- posted at: 3:00am EDT

Ben is a Realtor, Property Manager, and owns rentals in his personal portfolio. On this episode, he shares the types of properties that have worked out best for him and the investors he works with.

We talk about the best type of neighborhoods to buy in, the perfect bed/bath combination, and the types of properties to avoid.

We also talk about why Ben thinks it's important to diversify with different strategies, and why he stopped renting on Airbnb and is now doing medium term rentals.

https://rentalincomepodcast.com/episode455

Direct download: Rental455BS2.mp3
Category:Business -- posted at: 3:00am EDT

Shayla bought rental properties 15 years ago. They ended up being cash flow negative, and she eventally ended up losing them.

Recently Shayla decided that she wanted to get back into real estate investing, and wanted to buy a property that was going to be very profitable.

On this episode, we talk about how Shayla is making a ton of cash flow off on mid term rental.

We talk about what she paid for the property, how much she spent to furnish it, how much her mortgage payment and other expenses are, and how much she profits after everything.

https://rentalincomepodcast.com/episode454

Direct download: Rental454ST2.mp3
Category:Business -- posted at: 3:00am EDT

Jeff shares how he protects his rental portfolio from liability and lawsuits.
 
Some of the topics we talk about are:
 
  • Why investors should consider owning in an LLC
  • How to operate your LLC to minimize your chances of a judge invalidating it in the LLC in the event of a lawsuit
  • How to use equity stripping to protect your equity
  • The minimum liability insurance an investor should carry on each rental
  • Why investors should consider getting a PUP
  • How to protect yourself from lawsuits from contractors and mechanic liens
https://rentalincomepodcast.com/episode453
Direct download: Rental453JR.mp3
Category:Business -- posted at: 3:00am EDT

Josh shares how he went from having no money and renting a room in a basement to profiting over $8,000 a month from his rentals.

On this episode, we walk step-by-step through how he built his rental portfolio.

We talk about the types of properties Josh bought, and what types of neighborhoods they are in.

Josh also shares where he got his down payment money from, and how he financed his rental purchases.

https://rentalincomepodcast.com/episode452

Direct download: RENTAL452JP3.mp3
Category:Business -- posted at: 3:00am EDT

Aaron bought a portfolio of 7 out of state properties from a turnkey company.

The properties were supposed to cash flow on day one, but it didn't work out that way. Aaron faced huge repair bills, evictions, and trouble renting his properties. 

The repair bills were so bad, that last year he lost $36,000 on these properties.

 On this episode, we figure out what went wrong. Is there anything Aaron could have done differently to have a different outcome? Did he buy bad properties or is this just bad luck? We'll figure it out.

https://rentalincomepodcast.com/episode451

Direct download: Rental451AL.mp3
Category:Business -- posted at: 3:00am EDT