Tue, 30 July 2024
How A New Investor Is Making $18K A Month From His Rentals (While Working Full-Time) With Lewis Urena (Ep 480)
Lewis started investing in rental properties that didn't need any work and were ready to rent as soon as he purchased them. As he built relationships, networked, and gained more knowledge, he started doing the BRRRR strategy and could buy properties without coming up with significant down payments. On this episode, we look at Lewis' numbers (including total rent collected, mortgage expenses, and other expenses) and figure out how he is making $18k a month. We also discuss what he is doing with the cash he generates since he pays his bills with his day job. https://rentalincomepodcast.com/episode480 |
Tue, 23 July 2024
Investing In Rentals When You Have No Time Or Handy Skills With Anna McGrath and Tessa Muir (Ep 479)
Anna and Tessa are two friends who are building out their rental portfolios. They are busy, have limited time to spend on their rentals, and lack many handy skills. Anna and Tessa both have different strategies for buying the types of properties they want to purchase, but they have similar mindsets about building wealth with real estate. On this episode, we discuss their strategies for finding and financing rental purchases, how they are fixing up properties, and how they manage their rental properties. https://rentalincomepodcast.com/episode479 |
Tue, 16 July 2024
Mike was inspired by a friend making $100k a month from rental properties. He thought, if his friend could do it, why couldn't he? |
Tue, 9 July 2024
Kathi rented a property to tenants that were cooking meth in her rental. |
Tue, 2 July 2024
Jason shares the formula he has followed to reach financial freedom: He uses other people's money to buy mobile homes, fixes them, and sells them for a profit. He then uses the profit as his down payment to buy rental properties. Then he uses the cash flow his rentals produce to pay his living expenses. On this episode, we talk about what he looks for in a potential mobile home flip, what he does to fix them up, and how he sells them. We also talk about what types of rentals he's been buying and look at the numbers on a recent deal. https://rentalincomepodcast.com/episode476 |