Tue, 31 December 2024
How They Are Buiding A Big Rental Portfolio With BRRRR Strategy With Peter Neill and Ron Lockhart (Ep 502)
he BRRRR strategy was a lot easier a few years ago, but it's still possible to do today. Peter and Ron are proof of that. They have done over 100 BRRR's in the last couple of years. On this episode, we talk about how they are finding and financing deals today. They also share the details and numbers for a recent deal. We also discuss their cash flow goal for each property and their long-term goal of building significant wealth from their rental portfolio. Peter and Ron also share advice on going from a few rentals to a large portfolio. https://rentalincomepodcast.com/episode502 |
Tue, 24 December 2024
Rodney grew up in a family that didn't give him the best advice on how to build wealth. After hearing about creating generational wealth, Rodney decided to invest in rental properties to build a legacy for his kids. Rodney had little cash, so he had to get creative to invest in rental properties. On this episode, we talk about the strategies he used to find the money to invest and how he was able to do it while being a self-described lazy landlord. We also look at a recent deal. Rodney shares how he found the property how he financed it, and review his numbers. Mentioned on the podcast: |
Tue, 17 December 2024
David Miller (from episode 487) takes over the podcast and interviews Dan Lane. |
Tue, 10 December 2024
Athena's mentor shared a straightforward strategy for building wealth. His advice was to buy a house and rent out rooms. After two years, buy a new property while keeping the old property, and do it again. Athena wasn't earning much money when she bought her first property, but she followed his advice. Ten years later, she has bought several properties and gained over $600,000 in equity. On this episode, Athena walks us through her journey and shares how she built her portfolio with small down payments and letting her investments appreciate over time. https://rentalincomepodcast.com/episode499 |
Tue, 3 December 2024
Shiraz lives in an expensive area where it's almost impossible to find traditional rental properties that cash flow. To optimize his finances, Shiraz has implemented a variety of strategies, including renting his properties on a mid-term basis to generate additional cash flow. He's also converted garages into apartments and built detached ADUs (DADU) in the backyards of his properties. On this episode, Shiraz discusses the costs of converting a garage into an apartment and the extra rent he collects. He also discusses the costs of building a detached apartment unit, the perfect number of bedrooms and bathrooms, and the perfect lot. https://rentalincomepodcast.com/episode498 |