Rental Income Podcast With Dan Lane

Eric talks about how he got started by turning a condo that he lived in into a rental. He rented the property out for a few years and was making about $300/month. Recently, he sold that property and moved the equity to a 4-Plex using a 1031 Tax-Deferred Exchange, and increased his cash flow to $1,200 a month.

Direct download: Rental330.mp3
Category:Business -- posted at: 3:00am EDT

Anthony talks about what he looks for in a rental property, and the simple math that he does to evaluate potential deals.

We look at one of his recent deals, and he shows us the numbers that he's looking at to see if a deal makes sense

Direct download: Rental329.mp3
Category:Business -- posted at: 3:00am EDT

Ramon shares how he set a goal to buy 50 rentals thinking that if he built a big rental portfolio he would make a lot of money.

But, things didn't work out that way. He ended up not making money and losing his properties to foreclosure.

On this episode, we figure out how things went bad and how he was able to build a smaller portfolio that is way more profitable.

Direct download: rental328.mp3
Category:Business -- posted at: 3:00am EDT

Corey and Bethany did the math to figure out how much money they would need to save for down payments to build a big rental portfolio and felt discouraged. They figured out it would take them years to save enough money.

They wanted to get started today, so they had to figure out another way.

On this episode, they share how they got the money to get started.

Direct download: Rental327b.mp3
Category:Business -- posted at: 3:00am EDT

Mekkel shares how he was able to go part-time at his job because of his rental income.

On this episode, we talk about his portfolio of 5 rental units, and look at the numbers. We also talk about how he came up with the down payments to get started.

 

Direct download: Rental326.mp3
Category:Business -- posted at: 3:00am EDT

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