Rental Income Podcast With Dan Lane

Rick owns a property management company and also personally owns 19 rentals. On this episode we talk about what Rick has learned from managing his rentals as well as working with other rental owners.

Direct download: Rental167.mp3
Category:Business -- posted at: 3:00am EST

Chris lives in an expensive market and wanted to buy cash flowing markets. The numbers didn't work on any of the properties near his home, so he started looking at other markets an hour or two from where he lives. On this episode, we talk about how he found and financed his properties, how he self-manages them while working a full-time job, and about how he has dealt with tenant issues.

Direct download: Rental166chris.mp3
Category:Business -- posted at: 3:00am EST

Jerry just closed on his first deal and on this episode we walk through exactly how he got started. We talk how he researched getting started, how he found his first deal, what he needed to do to get it ready, and how he found his first tenants.

Direct download: Rental165Jerry.mp3
Category:Business -- posted at: 3:00am EST

Will talks about how he has been buying properties with just a little money out of his pocket, fixing them up, and then doing a refinance into a commercial loan. We talk about a mistake he made early on that cost him $7,000. We also talk about how he built a relationship with a bank that will allow him to continue to build his portfolio.

Direct download: Rental164Will.mp3
Category:Business -- posted at: 3:00am EST

My guest found an incredible deal on a rental. It was a great price, and it great shape. But, Margaret did some research and found out that the house was a former meth house and wasn't safe for anyone to live in. On this episode, we talk about how she figured out the history of the house, what she needs to do to make the house safe, and how you can avoid buying a meth house.

Direct download: Rental163Margaret.mp3
Category:Business -- posted at: 3:00am EST

My guest today has had some really bad things happen to him while owning rentals. He's been talking advantage of by tenants, sued by his first tenants, and ripped off by contractors. Even with all the bad things that have happened to him, he still loves owning rentals and thinks they are a great investment. On this episode we talk about how he dealt with issues and has gone on to build a great rental portfolio.

Direct download: Rental162Jas.mp3
Category:Business -- posted at: 3:00am EST

Troy talks about how he got started buying rentals right out of college. We talk about how he did his first couple of deals with no money or credit. Today Troy owns 4 properties and generates enough rental income that it has almost replaced his wife's income.

Direct download: Rental161Troy.mp3
Category:Business -- posted at: 3:00am EST

My guests today weren't happy with the service and the cost of their property manager. They decided to fire their property manager and put systems and a team in place, so they can manage their properties remotely from another country. Doing this saves them $5,000 a month.

Direct download: Rental160.mp3
Category:Business -- posted at: 3:00am EST

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