Rental Income Podcast With Dan Lane

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:

http://www.landlordgift.com

Direct download: Rental176.mp3
Category:Business -- posted at: 3:00am EDT

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:

http://www.landlordgift.com

Direct download: Rental175.mp3
Category:Business -- posted at: 3:00am EDT

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:

5 Steps To Buy Your First Rental

Direct download: Rental174.mp3
Category:Business -- posted at: 3:00am EDT

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:

5 Steps To Buy Your First Rental

Direct download: Rental173.mp3
Category:Business -- posted at: 3:00am EDT

1