Rental Income Podcast With Dan Lane

Mike's primary residence increased in value and he tapped into that equity to buy his first rental.

On this episode, Mike shares why used a HELOC vs a traditional mortgage. We also talk about the advantages and risks of a HELOC, and how he plans to recycle his equity to buy more rentals.

We also talk about the strategy that Mike used to have his tenants ask for a $200 rent increase.

https://rentalincomepodcast.com/episode406

Direct download: RENTAL406MS.mp3
Category:Business -- posted at: 3:00am EDT

Jarrod shares how his uncle purchased rental properties in the 1940's for a few thousand dollars, and how these properties have been passed down to the younger generation.

Today these properties have appreciated by millions of dolllars and provide income for Jarrod and his family.

Jarrod also talks about how he has taken the equity in the properties to buy more properties, how he minimizes his risk of non-payment and property damage by tenants, and the software that he uses to manage his properties and collect rent.

We also talk about how he is getting the younger generation interested in real estate, to ensure that these properties stay in the family for generations to come.

https://rentalincomepodcast.com/episode405

Direct download: Rental405JW2.mp3
Category:Business -- posted at: 3:00am EDT

Marky bought a property thinking he would be able to renovate it in about a month. Unfortunately, things didn't go according to plan, and the BRRRR has taken longer to complete.

On this episode Marky shares how he dealt with problems, including problems with the city, contractors, material delays, and going over budget.

Marky shares what he has leaned, how he navigated the issues and what he will do differently next time.

Direct download: Rental404MS2.mp3
Category:Business -- posted at: 3:00am EDT

Greg has been buying rentals on his own, but for his latest deal, he formed a partnership with his sister and her husband to buy a four-unit building.

On this episode, we talk about how they set up the partnership legally, and how much money they each invested. We also talk about their financing and their long-term plan for the investment.

https://rentalincomepodcast.com/episode403

Direct download: Rental403GR.mp3
Category:Business -- posted at: 3:00am EDT

David shares his strategy of buying occupied properties, and slowly rehabbing them as tenants turnover. When the units are rehabbed, he's usually able to raise the rent by about 50%.

We also talk about the best bedroom/bath setup for a rental, how to find a mentor, and how he bought his first rental property when he was 16.

https://rentalincomepodcast.com/episode402

Direct download: Rental402DM.mp3
Category:Business -- posted at: 3:00am EDT

Kyle shares how he educated himself about investing in rentals, and took that knowledge and put it to use in building his rental portfolio.

We talk about how many rentals he has, what he's looking for in a property, and how much he targets to make per rental.

We also look at two of his deals: a good one, and one that had a lot of trouble.

https://rentalincomepodcast.com/episode401

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Direct download: Rental401KR3.mp3
Category:Business -- posted at: 3:00am EDT

Jesse shares some good and bad experiences he's had owning rental properties. 
 
We talk about how he got hit with two big repairs back-to-back, and how an emergency savings account helped him survive that financial hit.
 
We also talk about how Jesse's rentals have become more profitable as time has gone by, and how an experiment converting some of his rentals to Airbnb worked out.
Direct download: Rental397JB.mp3
Category:Business -- posted at: 3:00am EDT

On this episode we take a look back at some of Dan's favorite moments from 2022.

We listen in on investors that have reached financial freedom from buying rental properties, we hear about a unique financing strategy, and look at the numbers.

Links to listen to the entire episodes featured:

https://rentalincomepodcast.com/episode399

Direct download: Rental399-B22.mp3
Category:Business -- posted at: 3:00am EDT

Nick shares his strategy of buying cheap single-family properties, doing minor repairs, renting them out, and eventually selling them and using the profit as his down payment on a bigger and better property.

We talk about a recent example of how he bought a house and after five months sold it and used the profit as a down payment on a 12 unit apartment building.

Nick also shares the numbers for his entire portfolio including total rent, mortgage payments, expenses and total cash flow.

https://rentalincomepodcast.com/episode398

Direct download: Rental398NW.mp3
Category:Business -- posted at: 3:00am EDT

Carey couldn't find properties that cash flowed, so he decided to build his own.

On this episode Carey walks through the entire process from what kind of land to look for, how he gets the town to bring utilities to the property, and how he eliminates his risk of cost overruns during construction.

We also take a look at his numbers, including the construction cost, mortgage payment, expenses, and his profit.

Direct download: Rental398CS.mp3
Category:Business -- posted at: 3:00am EDT