Tue, 11 December 2018
Jeff shares how he got started owning rental properties, and 3 tools that he uses to make the management of his rentals easy. |
Tue, 4 December 2018
Tiffany bought her first property when she was still in college and rented out rooms to other students. After she graduated she bought a few more properties and has continued to rent the properties out by the room. On this episode, Tiffany shares her experience owning college rentals, and tips to manage the tenants. |
Tue, 27 November 2018
Matt shares how he started out investing with a house hack. As he started buying more rentals he self-managed. Eventually, he needed help and instead of hiring a property manager, he hired part-time people to help him. Recently, he turned over the day to day management of his rentals over to a property manager. This episode is an interesting look into what Matt was thinking as he grew his portfolio. |
Tue, 20 November 2018
Brian read books and thought about buying rentals for 15 years. He was a follower of Dave Ramsey and thought that he needed to save a large sum of money to buy a rental. After he listened to the Rental Income Podcast, he heard a previous episode, where a guest bought a rental with a small down payment. After hearing that episode he thought that might be a better way to get started. On this episode, we talk about exactly what he did. |
Tue, 13 November 2018
Will and Veronica share how they started buying rentals knowing nothing about how to do it. Over the last few years, they have figured it out, and have managed to buy 11 rentals. On this episode, we talk about how they did it, and how they have set up systems to make the management of the rentals easy. |
Tue, 30 October 2018
Joel talks about how he started by house hacking 5 times and eventually built a rental portfolio that produces $200K in rental income. We talk about how he had to manage his portfolio differently as his portfolio grew. We also talk about the online tools that he uses to manage his portfolio. |
Tue, 23 October 2018
Luis shares how he started with nothing and built a portfolio that pays him 6 figures a year. We talk about how he invests in a different town that he lives in. We also talk about how he finds deals, manages rehabs and manages his rentals. |
Tue, 16 October 2018
Andrew talks about how he uses debt to buy rentals, but he's not comfortable having a lot of debt. He talks about his strategy to get his rentals paid off quickly. We also talk about how he was able to leave his job because of his rental income. Andrew talks about why he loves Section 8 rentals. |
Tue, 9 October 2018
Brian became a landlord because of a flip that went bad. He made some mistakes as a new landlord at first, but he figured things out and saw the value in owning rentals. Over the next few years, he ended up buying more properties. One day something changed and he sold his entire portfolio. On this episode, we talk about why he bought and why he sold, as well as what he learned during his time as an investor. |
Tue, 2 October 2018
John talks about how he wanted to invest in real estate but he didn't like the idea of taking out mortgages. He had saved money over the years and has paid cash for his entire portfolio. Today his rentals take a few hours a month to manage and they generate $60,000 a year after all expenses. |
Tue, 25 September 2018
Justin talks about how did all the right things with buying his rentals but had a few bad things happen to him in his first two years. He had to evict his first tenant and his second tenant flooded his property. On this episode, we talk about what happened, and what he learned. |
Tue, 18 September 2018
Pete had always thought about buying rental properties, but real estate prices were too expensive where he lived. A few years ago his sons moved to Indianapolis. He went to visit and saw the potential that he could buy properties pretty inexpensively and rent them out for a profit. On this episode, we talk about how he did it, what he's looking for in a rental, the numbers he's looking for in a rental, and how things have worked out over the last few years. |
Tue, 11 September 2018
Ben shares his story of how he has gotten off to a great start building his rental portfolio. He shares how he got started living for free with a house hack, and what he learned from getting ripped off by contractors on his second deal. 5 Steps To Buy Your First Rental: |
Thu, 6 September 2018
I read an article that Fannie and Freddie were getting out of making loans on rental properties. On this bonus episode I talk to Caeli Ridge to find out what is going on. |
Tue, 4 September 2018
Ian talks about how he built a large portfolio in just 3 years. It hasn't been all smooth sailing. We talk about the challenges he has faced, and how he survived. 5 Steps To Buy Your First Rental |
Tue, 28 August 2018
He Got Laid Off And Realized It's Dangerous Having Only One Source Of Income With Andrew Petroline (Ep 176)
Andrew researched and thought about buying rentals for 12 years. After getting laid off from his job he realized that only having one source of income was dangerous, and decided that he was finally ready to pull the trigger and buy a 6 unit apartment building. On this episode we talk about how he found the property, how he financed it, and how he has dealt with some challenges that he has faced in the last year of owning the property.
5 Steps To Buy Your First Rental: |
Tue, 21 August 2018
We talk about how Cristhian wasn't able to get approved for mortgages when he first started investing in rentals, and how he was able to get the sellers to finance his purchases. We talk about who is a good candidate for seller financing, and talk about the details of his first deal. We also talk about Cristhian's criteria when he is selecting a tenant, and go over the details of a recent tenant that stopped paying after 6 months. We figure out if there was anything in the tenants background that could have been a red flag.
5 Steps To Buy Your First Rental: |
Tue, 14 August 2018
Theo tells his story of how an ad for a real estate seminar sparked his interest in rentals. That seminar led to him buying a house hack. By not having to pay rent, Theo was able to save money and that money enabled him to buy more rentals.
Learn How To Buy Your First Rental: |
Tue, 7 August 2018
Ian is a fireman and a few years ago the city that he works for was talking about getting rid of their pension plan. Ian took matters into his own hands to secure his future and started buying rentals that could be his own personal pension plan. On this episode we talk about how he works full-time and self manages a large rental portfolio. Why he makes his rentals nicer than the competing rentals in his neighborhoods, and what he takes out of his properties.
Learn How To Buy Your First Rental: |
Tue, 31 July 2018
Jason bought 7 rentals over the last 18 months. He did everything right with purchasing the properties, but he had a ton of repair issues happen in a short period of time. On this episode we talk about what happened and how he dealt with the issues.
Learn How To Buy Your First Rental: |
Tue, 24 July 2018
Mike tells his story of how he graduated with $200,000 in student loans. He couldn't afford the monthly payments, so he bought rentals that produce monthly cash flow that he uses to pay his payments.
Learn How To Buy Your First Rental: |
Tue, 17 July 2018
Austin started building his rental portfolio shortly after graduating from college. He didn't have a lot of cash for down payments, so he got creative and figured out how to use other people's money to build his portfolio. On this episode Austin talks about some of the strategies he has used.
Learn How To Buy Your First Rental: |
Tue, 10 July 2018
Cory tells his story of how he started his career with $500,000 in debt. He started buying rentals while working full-time, and over time built up enough passive income to retire. |
Tue, 3 July 2018
Jason tells his story of how he got stuck with a house that he was trying to flip. He decided to rent it out on VRBO. Things were going good, until he found out the city he was in didn't allow short term rentals, and shut him down. He then turned it into a regular rentals and made several key mistakes that ended up costing him thousands of dollars. We talk about the mistakes he made, and what he would do differently if he was in that situation again. |
Thu, 28 June 2018
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. |
Tue, 26 June 2018
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. |
Thu, 21 June 2018
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. |
Tue, 19 June 2018
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. |
Thu, 14 June 2018
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. |
Tue, 12 June 2018
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. |
Tue, 5 June 2018
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. |
Thu, 31 May 2018
We talk about the different types of policies landlords need to protect themselves, different coverages landlords should consider adding, and why landlords should require tenants to have renters insurance. |
Tue, 29 May 2018
He Made One Huge Change To Survive And Profit From The Great Recession With Forrest Odendhal (Ep 159)
Forrest started buying rentals in the early 2000's, when Great Recession started he knew that the market was going to change. He quickly adjusted and made a huge change that helped him survive and profit from the recession. |
Tue, 22 May 2018
I talk to 2 different tenants about what it's like to be a renter. The first tenant is in a C- or D class neighborhood, and the second is in a B class neighborhood. We talk about how they found the properties, what the screening is like, and how the manager has dealt with any issues they have had. |
Thu, 17 May 2018
We talk about how to get qualified for a rental, how to get the financing to build a portfolio, and we talk about a case study of an investor that started with no rentals and how they were able to build a large rental portfolio in just 2 years |
Tue, 15 May 2018
My guests today share how they were able to replace their W2 income with rental income. Today Kenji works part-time, and Letizia works full-time because they enjoy their jobs, and they want to work, not because they have to. They also share info about a program that they use that provides them with tenants that pay above market rent. |
Thu, 3 May 2018
We talk about what you need to get a judgement, if you can garnish wages, other ways to collect, and when it may not be worth it. |
Tue, 24 April 2018
Mike tells his story of how he lost several houses to foreclosure during the last market crash. We talk about what he learned, and how he has changed his buying criteria to avoid this from happening again in the future. Mike has since built a large portfolio and today he supports his family off the rental income his rentals generate. |
Tue, 17 April 2018
John just closed on his first property. He's fixed it up, and he's ready to rent it out....but, he has a few questions. On this episode John asks Dan talk about doing showings, setting up the lease, clauses to put in the lease, screening tenants, and how to collect rent online. |
Tue, 10 April 2018
After his wife got sick, Jesse found himself in a ton of debt. On this episode we talk about how in just a couple of years, Jesse got out of debt, and ended up owning several houses free and clear. |
Tue, 3 April 2018
Rob and Megan talk about how they built a rental portfolio that generates enough passive income that one of them could leave their job if they wanted to. They both love their jobs, and don't have plans to leave anytime soon. But, they have that option if they ever needed it. |
Tue, 27 March 2018
Bob shares how his experience flipping houses helped him be better at buying rentals. We talk about his unique strategy for making offers, how he finds good contractors, and what he's looking for when he buys a property that already has tenants in place. |
Tue, 20 March 2018
Linda gives me advice on how to deal with two issues that I'm having with my rental properties right now. Linda also shares some great website resources for landlords. |
Tue, 13 March 2018
Chris talks about how he has set up his rentals to not require too much of his time. We talk about how he rehabs the properties after he buys them. We also talk about how he made connections that have helped him finance his portfolio. |
Fri, 9 March 2018
The economy is good right now. Unemployment is low, rents are going up, and it's a great time to be a landlord. On today's bonus episode, I talk to a landlord that has survived the last two recessions. |
Tue, 6 March 2018
Felicia's husband died young, and she had to figure out how she was going to support her family. She figured out that if she bought a few rentals she could support her family off the rental income. On this episode she shares how she did it. |
Tue, 27 February 2018
David has built a team that has helped him buy, and manage rentals remotely. On this episode we talk about how to build a rock star team that can find, fix, and manage rentals. We go over the 4 people you need on your team, how to manage them, and how to keep them honest.
David's Book: Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties |
Tue, 20 February 2018
We talk about how my guest is using Dave Ramsey's debt snowball concept to pay off his rental portfolio using the cash flow that his rentals are producing. We also talk about the unique way he is financing his purchases using equity that he has in his portfolio to create more equity. |
Tue, 13 February 2018
Chase talks about how he started in investing by house hacking, moved to 20% down payments, and in the last year he has moved to using the BRRRR (Buy, Rehab, Refinance, Rent, Repeat). He talks to us about how he worked out the financing on the properties using none of his own money with the help of a credit union. He also talks about how he found his deals. |
Tue, 6 February 2018
Mark has been a landlord for over 15 years and on this episode he shares some awesome tips that will help new and experienced rental owners. We talk about the importance of setting goals when you are building a rental portfolio, tips for networking with other local investors, and Mark shares some great advice for investing out of state.
More Info about Mark:
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Tue, 30 January 2018
Rob talks about how he became a landlord because he wanted to buy a new home, and he didn't think he would be able to sell the house he lived in. Rob hired a property manager to run the property for him. Things went well at first, but eventually things went bad. On this episode of the podcast, we talk about what happened and how Rob dealt with it. We also talk about how Rob does open houses for his showings when he has a vacant unit, why he got his real estate license, and some interesting research he did in his MLS to help him identify good rental areas. |
Tue, 23 January 2018
Adam tells us how he started buying rentals in a lower end neighborhood. The numbers looked great on paper, but after three evictions in a year and a half, he decided it wasn't worth the hassle. Adam also talks about how he shifted to a different neighborhood and is getting good returns with a lot less hassle. |
Tue, 16 January 2018
Dana set a goal that she wanted to buy 20 rentals by the time she was 30. On this episode, we talk about how she got started, how she finances her properties by saving up down payments and using traditional bank financing, and how she manages her rentals while working full-time. |
Tue, 9 January 2018
A CPA explains what is staying the same, and what is changing for real estate investors with the new tax law. |