Rental Income Podcast With Dan Lane (Business)

nnie had long considered buying a rental property, but she and her husband recently decided it was time to buy their first rental.

On this episode, we discuss how Annie found the property, how they came up with the down payment money, and look at the numbers for the property.

Her property had existing tenants. We talk about the information the seller gave her about the tenants before closing and how the tenants have worked out.

We also talk about opportunities that Annie has to increase the future cash flow on the property,

https://rentalincomepodcast.com/episode495

Direct download: Rental495AC.mp3
Category:Business -- posted at: 6:07am EST

Nick shares how having an emergency fund helped him pay for expensive repairs to some of his rentals.\

He talks about how much he spent on the repairs and why he didn't file an insurance claim.

We also discuss Nick's rule of thumb for figuring out how much money to set aside for emergencies.]

Nick also talks about how his income at his day job has been reduced recently and how having a combination of an emergency fund and cash flow from his rentals has helped him survive this period.

Thanks To Our Sponsors:

The Guarantors - Protect your property against losses rent defaults, vacancies, lease breaks, damages, and more. All without increasing your operating expenses.

Ridge Lending Group - Mention Rental Income Podcast for a $250 credit at closing.

https://rentalincomepodcast.com/episode494

Direct download: Rental494NW.mp3
Category:Business -- posted at: 7:31am EST

Jeff shares how he built his portfolio of over 100 rental units, by buying smaller apartment buildings, letting them appreciate. Then 1031 exchanging them for a bigger property in a better area.

Jeff also shares why he doesn't invest in his local area.

We talk about how he does this with the help of a team, how he figured out the area he invests in, and why he likes investing in multi-family properties vs single families.

Jeff also talks about how working with the right people has helped him find deals, buy properties sight unseen, and manage and fix up properties.

https://rentalincomepodcast.com/trading-up-to-better-rentals-with-jeff-berlin-episode-493/

Thanks To Our Sponsors:

Take your personal data back with Incogni! Use code RENTALINCOME at the link below and get 60% off an annual plan: http://incogni.com/rentalincome

Ridge Lending Group - Mention Rental Income Podcast for a $250 credit at closing.

Direct download: Rental493JB2.mp3
Category:Business -- posted at: 7:34am EST

Nick shares how he has built his rental portfolio by building equity in rental properties and then using a line of credit to tap into that equity to buy and fix up the new properties.

We also talk about how he used 15-year mortgages to build up equity faster. Doing this, in combination with the market appreciation over time, has helped him build equity that he has used to help him grow his rental portfolio.

Nick also reviews the numbers for a recent deal. We go over the numbers, and he explains how the financing works.

https://rentalincomepodcast.com/episode492

Thanks To Our Sponsors:

Take your personal data back with Incogni! Use code RENTALINCOME at the link below and get 60% off an annual plan: http://incogni.com/rentalincome 

Ridge Lending Group - Mention Rental Income Podcast for a $250 credit at closing.

Direct download: Rental492ND3.mp3
Category:Business -- posted at: 6:34am EST

Terry Kerr and Liz Nowlin of MidSouth Home Buyers share how they help people invest in rentals by doing all the work for them.

They find a distressed property, do a full renovation, find a well-qualified resident, and then sell the property to an investor.

MidSouth also continues to manage the properties for their investors after the sale.

Everything Is completely done for the investor.

Do you think it sounds too good to be true?

It's not. Dan Lane has bought four properties from Terry and Liz over the last seven years and has had a great experience.

On this episode, we go into detail about exactly how this works; we also talk about what the neighborhoods and what the properties are like, the guarantees that come with every property, and the little details that MidSouth does to help make the investment profitable.

Dan also shares his experience and we look at one of his rentals and go over the numbers. 

More From MidSouth Home Buyers:

Website

Thanks To Our Sponsor:

Ridge Lending Group - Mention Rental Income Podcast for a $250 credit at closing. 

 https://rentalincomepodcast.com/episode491

Direct download: Rental491TKLN1.mp3
Category:Business -- posted at: 5:54am EST

Dane thought about buying rentals for ten years before he finally got started.

On this episode, we talk about:

Turning his primary home into a rental

How making a big sacrifice early on helped him get started.

He faced some of the challenges with investing out-of-state. We figure out what went wrong and how he turned things around.

How he dealt with his city banning Airbnb right after he bought a property.

Why does he own rentals but also rents himself?

Thanks To Our Sponsors:

\TheGuarantors - Protect your property against losses, rent defaults, vacancies, lease breaks, damages, and more without increasing your operating expenses.

Ridge Lending Group - Mention Rental Income Podcast for a $250 credit at closing.

https://rentalincomepodcast.com/episode490

Direct download: Rental490DF.mp3
Category:Business -- posted at: 7:00am EST

Jeff lives in an area known for having lots of properties that make sense for rental properties, but he chose to invest out of state.

On this episode, we compare how the properties, property values, neighborhoods, and property taxes are different in the area he invested in vs where he lives.

We talk about how he found his properties and virtually toured them on FaceTime.

Jeff shares the numbers for one of his deals and tells us what he does with his profit.

We also discuss the challenges he had with his first property manager and why he had to fire him.

https://rentalincomepodcast.com/episode489

Direct download: Rental489JC.mp3
Category:Business -- posted at: 6:46am EST

Evan started investing in cheap properties that he rented to Section 8 tenants.

On this episode, we take a realistic look at investing in these low-cost and high-return properties.

Evan shares the good and the bad of Section 8.

He discusses his most significant expense and why assigning a percentage to the budget for expenses doesn't work.

We also compare his experience owning cheap rentals with his experience owning more expensive rentals.

https://rentalincomepodcast.com/episode488

Direct download: Evan_Polanski_488_F.mp3
Category:Business -- posted at: 7:00am EST

When David decided to start buying rentals, everyone in his life thought it was a bad idea. They thought his timing was bad and he would lose money.

David didn't listen to them, and today, he owns 18 rentals that generate over $13,000 a month in profit, giving him a runway to financial freedom.

On this episode, we discuss how he started renting rooms in a house hack and how he got to where he is today.

https://rentalincomepodcast.com/episode487

Direct download: Rental487DMv4.mp3
Category:Business -- posted at: 6:35am EST

After 40+ years of investing in rentals, Larry decided to sell off his rentals and retire.

After Larry sold everything, his son Jordan expressed an interest in real estate investing.

Today, Larry and Jordan are working on building a rental portfolio.

On this episode, we discuss what they are buying, how they are dividing the work, and how they are finding and financing their properties.

We also discuss whether Larry is doing anything differently with his new portfolio or if he is following his previous playbook.

We also review a recent property they purchased and look at the numbers.

https://rentalincomepodcast.com/episode486

Direct download: Rental486LM.mp3
Category:Business -- posted at: 6:00am EST

On this episode, Shay walks through five strategies she's used to finance her rental property purchases.

Shay bought two properties with the help of government grants.

She has purchased four house hacks using low down payment loans.

She's also used a HELOC, a business line of credit, and hard money to purchase rentals.

Shay also details how she worked out a deal to get a free rental property.

https://rentalincomepodcast.com/episode485

Direct download: Rental485SN.mp3
Category:Business -- posted at: 5:33am EST

Eight years ago, our guest didn't know anything about rentals and wasn't earning a lot of money at his job.

Today, after paying his mortgages, repairs, and other expenses, his rental portfolio generates over $200k in profit annually.

On this episode, we'll examine all the numbers in his portfolio (total rent, mortgage expenses, utilities, repairs) and figure out how he made over $200k in profit.

We'll look at a typical rental purchase and discuss how he finances his rentals.

https://rentalincomepodcast.com/episode484

Direct download: Rental484NN.mp3
Category:Business -- posted at: 6:00am EST

Jhanel shares her journey from starting out as a college student with no money to leaving her job when she earned $70,000 a year in rental income.

On this episode, Jhanel discusses where she got the money to buy her first deal and the challenges she encountered with her first property.
 
We discuss what she thinks are the best properties to buy, how she funds her purchases, her experience with Section 8 rentals, and how she's been able to tap into her equity with cash-out refinance.

Jhanel also shares the details of one of her deals.

https://rentalincomepodcast.com/episode482

Direct download: Rental482JW.mp3
Category:Business -- posted at: 4:14am EST

After seeing his father pass away after working his entire life, Justin decided he needed to have the freedom to do what he wanted to do with his time today.

Justin has built a tremendous retail portfolio, but a big part of his success is living in a house hack that profits $3,000 monthly.

He does this by renting the downstairs part of his rental on a medium-term basis and renting out extra parking spaces.

On this episode, Justin also shares three things he would have done differently if he had started over today.

https://rentalincomepodcast.com/episode481

Direct download: Rental481JC.mp3
Category:Business -- posted at: 5:57am EST

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

Direct download: Rental480LU.mp3
Category:Business -- posted at: 3:00am EST

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

Direct download: Rental479v372324.mp3
Category:Business -- posted at: 5:49am EST

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?

On this episode, we discuss how Mike took baby steps for the first few years and eventually built a rental portfolio that nets him $35,000 a month.

Mike shares his story of getting started and how one excellent investment changed the entire trajectory of his investing.

We examine Mike's numbers, including his monthly gross rent amount, monthly expenses, and net cash flow.

Mike also shares how challenging the COVID years were for his portfolio, but he made it through them and realized that if he can survive that, he can make it through anything.

https://rentalincomepodcast.com/episode478

Direct download: Rental478M.mp3
Category:Business -- posted at: 6:47am EST

Kathi rented a property to tenants that were cooking meth in her rental.

The toxins from the manufacturing of the meth were so bad that she was not able to remediate the property, and she lost everything.

On this episode, we'll figure out what happened, how Kathi discovered it, and why her insurance policy didn't pay for the damage.

We'll also figure out if Kathi could have done anything to avoid this situation and what investors can do to minimize the risk of this happening to them.

https://rentalincomepodcast.com/episode477

Direct download: Rental477KM.mp3
Category:Business -- posted at: 6:06am EST

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

Direct download: Rental476JV2.mp3
Category:Business -- posted at: 5:42am EST

Charles used to believe that when you buy a rental property, you should hold it forever.

However, he has realized the practicality of the situation: some properties outperform others, and if a property doesn't meet expectations, it might be a good business decision to sell it and reinvest in something else.

On this episode we talk about two properties that Charles recently sold.

We figure out what went wrong and whether he should have noticed any red flags when he bought the property.

We also talk about what Charles did with the money after he sold it.

Direct download: Rental475CG22.mp3
Category:Business -- posted at: 6:39am EST

Spencer shares the details of renting his property to short-term transitional housing tenants.\

The organization he works with not only pays for repairs on the property but also covers the rent, whether a tenant is placed or not, and takes care of the utilities.\

This arrangement ensures Spencer's steady and reliable income, making renting to short-term transitional housing tenants a profitable proposition financially.

Spencer also details his challenges getting his property up and running, from cost overruns to construction delays.

https://rentalincomepodcast.com/episode474

Direct download: Rental474SC.mp3
Category:Business -- posted at: 7:02am EST

Grant had a good job, but it was very demanding. After he had a few kids, he wanted to work less, and he was looking for a way to generate income and break away from his job.

He figured out that he could generate enough income to support his family if he bought enough rentals.

On this episode, we discuss his strategies, including traditional down payments, seller financing, HELOCs, and the BRRRR strategy.

Join us as we delve into Grant's journey, from the moment he decided to invest in real estate to the point where he was able to leave his job. We'll also explore how, as a full-time investor, he was able to expand his portfolio, a testament to the potential of real estate investment.

https://rentalincomepodcast.com/episode473

Direct download: Rental473GF.mp3
Category:Business -- posted at: 7:23am EST

Alex shares his simple strategy to build wealth with his rental properties.

Discover how Alex strategically acquires properties that not only generate wealth but also minimize tenant-related issues, offering him a hassle-free and promising investment experience.

We also discuss why he thinks cash flow is essential, but buying properties likely to appreciate is more critical.

We also talk about how important it Is to think long-term when investing in rentals.

Alex also discusses the two phases of rental investing, growth, and cash flow, and how he is now transitioning to the cash flow phase.

https://rentalincomepodcast.com/episode472

Direct download: Rental472AWF2.mp3
Category:Business -- posted at: 7:46am EST

As an investor, if you have to pay for utilities, it can kill your cash flow. Having a utility company submeter each unit isn't always an option, and if it is, it can be costly.

On this episode, Kelly shares a unique way to submeter buildings, without involving the utility companies.

A meter is placed in the building that measures usage for each tenant.

The landlord can then bill each tenant for their actual usage.

Kelly talks about the cost of installing the meters, ongoing costs, and how the usage and rate data is compiled.

https://rentalincomepodcast.com/episode471

Direct download: Rental471KK.mp3
Category:Business -- posted at: 9:14am EST

Justin shares how not being able to take enough time from work for one of his kids to play travel hockey was his motivation to start building a rental portfolio.

On this episode, Justin shares how he got the money to get started, how he financed his rental purchases, and how many properties he needed to leave his job.

Justin also shares how he budgets for expenses (both business and personal), and how he gets health insurance for his family without a job.

https://rentalincomepodcast.com/episode470

Direct download: Rental470JC2.mp3
Category:Business -- posted at: 9:00am EST

Bryan was slowly building his rental portfolio, and over the last few years, he figured out a formula to step up the pace of his buying.

On this episode, we talk about:

How he's been buying incredible deals ($100K under market).
How he financed his purchases.
Where his down payment money came from.

We also look at the numbers for his entire portfolio, including total rent, mortgage payments, typical expenses, and net cash flow.

Bryan also shares his plan to get to $20K in monthly cash flow.

https://rentalincomepodcast.com/episode469

Direct download: Rental469BB2.mp3
Category:Business -- posted at: 12:14pm EST

Jacki talks about her strategy of buying a property that she wants to use on vacation for a few years. She generates income by renting it when she's not there.

After a few years, she's ready to go somewhere new. She'll sell the property for a profit, and use the equity she created to buy the next one.

On this episode, we talk about how many times she's done this strategy, what the perfect property looks like, and we look at the numbers for a recent deal.
'
https://rentalincomepodcast.com/episode468

Direct download: Rental468JT2.mp3
Category:Business -- posted at: 8:39am EST

Join us as we explore the ins and outs of financing, legal structures, and the advantages and disadvantages of buying rentals with partners.

On this episode, we talk about their decision to operate under an LLC or as individuals to build their portfolio.

We also talk about how they used an FHA 203k loans, a powerful tool to buy and rehab properties with a small down payment.

Dave and his partners have come up with a unique way to make sure they can continue to buy rentals even if one member of the partnership can't afford it at that particular time.

We also talk about what they are doing with the monthly cash flow, and how they are managing their properties.

https://rentalincomepodcast.com/episode467

Direct download: Rental467DS.mp3
Category:Business -- posted at: 3:00am EST

A few years ago, Chase was listening to the Rental Income Podcast, trying to figure out how to get started investing in rentals.

After hearing dozens of stories from investors who had been successful in investing in real estate, he felt ready to buy his first property.

Today his rental portfolio generates over $20,000 a month in net cash flow.\

On this episode, Chase shares the types of properties that generate the highest return for him, how he screens his tenants, and why he prefers month-to-month leases over year leases.

https://rentalincomepodcast.com/episode466

Thanks to our sponsors:

The Guarantors

Ridge Lending Group

Direct download: Rental468CB.mp3
Category:Business -- posted at: 3:00am EST

Mike bought a rental property that looked like an incredible deal on paper, but it turned out to be a really bad investment.

Mike ran into problem after problem. The maintenance costs were higher than he projected, tenants were constantly turning over, and he wasn't able to push the rents as high as he had hoped.

On this episode, Mike shares everything that went wrong, and we figure out how you can avoid buying a bad property.

https://rentalincomepodcast.com/episode465

Direct download: Rental465MO2.mp3
Category:Business -- posted at: 3:00am EST

Morgan shares how he was able to get double the returns by buying properties two hours away.
 
Once he saw that he didn't need to live close to his properties, he packed up and moved 1,000 miles away.
 
On this episode, Morgan shares how he was able to build his portfolio with a low credit score, and where he got the money from to build his rental portfolio.
 
https://rentalincomepodcast.com/episode464
Direct download: Rental464ME.mp3
Category:Business -- posted at: 3:00am EST

Mitch shares his unique strategy of buying run-down properties, tearing them down, and replacing them with 8-unit apartment buildings.

We talk about why he likes to tear down properties vs buy vacant land.

Mitch also shares the lot size and age of the property he targets, and how he gets the construction done in just a few months.

We also take a look at his numbers. Mitch shares the typical acquisition cost, construction costs, and typical rent.

https://rentalincomepodcast.com/episode463

Direct download: Rental463MR.mp3
Category:Business -- posted at: 3:00am EST

Tony shares that he wanted to buy rentals for 5 - 7 years, but fear and his relationship with money held him back.

Tony finally bought his first rental two years ago, and today his portfolio consists of 9 rentals.

On this episode, we talk about how Tony found his first deal, we also take a look at his numbers (including the rent, his mortgage payment, and other expenses) and figure out how much money Tony sets aside for emergencies for each property.

We also talk about how Tony has used hard money and blanket mortgages to finance his portfolio.

https://rentalincomepodcast.com/episode462

Thanks to our sponsors:

The Guarantors

Ridge Landing Group

Direct download: Rental462TC.mp3
Category:Business -- posted at: 3:00am EST

Peter shares his strategy of owning properties in different areas so that if the economy in one area starts doing badly, his other properties in other areas can pick up the slack.

He has purchased in 4 different areas using different strategies. Some are long-term rentals, Some are Airbnb.


He talks about:

How he has bought out-of-state properties without going to see them in person

How he self-manages out-of-state Airbnb's

How he was able to massively cut his income tax with one of his recent purchases.

How he's financing his purchases.

The areas he's been buying in.

https://rentalincomepodcast.com/episode461

Direct download: Rental461PS.mp3
Category:Business -- posted at: 3:00am EST

Steven had no money, and a negative networth when he started buying rentals.
 
On this episode, he shares how he got started and built his rental portfolio.
 
We talk about:
 
  • How he got the money to buy his rentals
  • How powerful time is in building equity and cash flow
  • The types of properties that he likes to buy
  • How he keeps costs down by using VA's to help him manage his rentals
  • How he rents properties without showing them to potential tenants
  •  

https://rentalincomepodcast.com/episode460

Direct download: Rental460SA.mp3
Category:Business -- posted at: 3:00am EST

Brandon didn't have a lot of money when he started buying rentals.

He got started buying what he could afford - old, run-down properties. He fixed them up, and raised the rent. Doing this created a ton of equity.

Today, Brandon is in the process of selling off some of those properties and using the equity he created to buy nice single-family homes in better neighborhoods with cash.

The new properties will be more profitable because they will be newer and not have mortgage payments. They should also be easier to manage.

https://rentalincomepodcast.com/episode459

Have a question, or want to leave feedback about the podcast? Leave a voicemail: 775-346-8882

Direct download: Rental459BP.mp3
Category:Business -- posted at: 3:00am EST

Joel has been buying rental properties for over 45 years, and on this episode, he shares two timeless things he did to build substantial wealth with his rental properties.

Joel also shares insight into how he thinks about money and how he built his portfolio with the smart use of leverage.

Joel also shares how building relationships with other investors has been a very important part of his success.

https://rentalincomepodcast.com/episode458

Have a question, or want to leave feedback about the podcast? Leave a voicemail: 775-346-8882

Direct download: Rental456JM.mp3
Category:Business -- posted at: 3:00am EST

David shares how he's been able to substantally grow his cash flow and build wealth by making sure he raises rent every year.

We talk about how much he targets to raise rent, how he notifies tenants about the increase, and how long before the end of the lease he notifies them.

We also talk about why he uses a Realtor to lease his rentals vs leasing himself.

We also look at the numbers for one of his deals and see how much his cash flow has increased over time with yearly rent increases.

https://rentalincomepodcast.com/episode457

Thanks To Our Sponsors:

The Guarantors

Ridge Lending Group

Direct download: Rental457DMR2.mp3
Category:Business -- posted at: 3:00am EST

Joe lives in an area that historically has seen great appreciation, but cash flow is very hard to come by.

He decided to invest in good areas that had much cheaper properties, that produced better cash flow.

On this episode, we talk about if Joe sees any risk in investing out of state. We also talk about how Joe figured out where to invest, how he found his properties, and see if he ran into any challenges along the way.

https://rentalincomepodcast.com/episode456

Want to be a guest on the podcast? Reach out here:

https://rentalincomepodcast.com/contact

Direct download: Rental456JF2_copy.mp3
Category:Business -- posted at: 3:00am EST

Ben is a Realtor, Property Manager, and owns rentals in his personal portfolio. On this episode, he shares the types of properties that have worked out best for him and the investors he works with.

We talk about the best type of neighborhoods to buy in, the perfect bed/bath combination, and the types of properties to avoid.

We also talk about why Ben thinks it's important to diversify with different strategies, and why he stopped renting on Airbnb and is now doing medium term rentals.

https://rentalincomepodcast.com/episode455

Direct download: Rental455BS2.mp3
Category:Business -- posted at: 3:00am EST

Shayla bought rental properties 15 years ago. They ended up being cash flow negative, and she eventally ended up losing them.

Recently Shayla decided that she wanted to get back into real estate investing, and wanted to buy a property that was going to be very profitable.

On this episode, we talk about how Shayla is making a ton of cash flow off on mid term rental.

We talk about what she paid for the property, how much she spent to furnish it, how much her mortgage payment and other expenses are, and how much she profits after everything.

https://rentalincomepodcast.com/episode454

Direct download: Rental454ST2.mp3
Category:Business -- posted at: 3:00am EST

Jeff shares how he protects his rental portfolio from liability and lawsuits.
 
Some of the topics we talk about are:
 
  • Why investors should consider owning in an LLC
  • How to operate your LLC to minimize your chances of a judge invalidating it in the LLC in the event of a lawsuit
  • How to use equity stripping to protect your equity
  • The minimum liability insurance an investor should carry on each rental
  • Why investors should consider getting a PUP
  • How to protect yourself from lawsuits from contractors and mechanic liens
https://rentalincomepodcast.com/episode453
Direct download: Rental453JR.mp3
Category:Business -- posted at: 3:00am EST

Josh shares how he went from having no money and renting a room in a basement to profiting over $8,000 a month from his rentals.

On this episode, we walk step-by-step through how he built his rental portfolio.

We talk about the types of properties Josh bought, and what types of neighborhoods they are in.

Josh also shares where he got his down payment money from, and how he financed his rental purchases.

https://rentalincomepodcast.com/episode452

Direct download: RENTAL452JP3.mp3
Category:Business -- posted at: 3:00am EST

Aaron bought a portfolio of 7 out of state properties from a turnkey company.

The properties were supposed to cash flow on day one, but it didn't work out that way. Aaron faced huge repair bills, evictions, and trouble renting his properties. 

The repair bills were so bad, that last year he lost $36,000 on these properties.

 On this episode, we figure out what went wrong. Is there anything Aaron could have done differently to have a different outcome? Did he buy bad properties or is this just bad luck? We'll figure it out.

https://rentalincomepodcast.com/episode451

Direct download: Rental451AL.mp3
Category:Business -- posted at: 3:00am EST

Debbi talks about how her father started buying rentals over 50 years ago, and how that has created generational wealth for her family.

We talk about what he bought, how he financed his properties, and where he got the down payment money from.

Debbi also shares how much the property has appreciated and how much rent has increased.

https://rentalincomepodcast.com/episode450

Direct download: Rental450DD.mp3
Category:Business -- posted at: 3:00am EST

On this episode we take a look back at some of Dan's favorite moments from 2023.

We hear from 4 investors:

* Scott talks about making $30K a month from his rentals (Episode 430)
* Marky bought a duplex and later found out it wasn't legal (Episode 404)
* Blake sold half of his portfolio and paid off the other half (Episode 438)
* Andy made a lot of mistakes, but still ended up with a profitable property (Episode 413)


Links to episodes:

https://rentalincomepodcast.com/episode449

Direct download: Rental449.mp3
Category:Business -- posted at: 3:00am EST

Farris shares his journey from being a brand new investor to reaching financial independence in just a few years.

We talk about the kind of neighborhoods he's buying in, why he likes buying properties that are rent ready, and where he got the money from to start buying rentals.

We also talk about how many rentals Farris needed to reach financial freedom, and how many rentals he thinks the average investor needs.

Interested in learning more about how you can reach financial independence? Join the community:

RentalInnerCircle.com

Direct download: Rental448FG.mp3
Category:Business -- posted at: 3:00am EST

Andrew shares how tapping into the equity he had sitting in his primary residence helped him get started investing in rentals.

Andrew also shares how house hacking to eliminate his monthly housing expenses, and becoming a part-time real estate agent, in addition to his day job, were also a huge part of earning extra money to invest.

On this episode also shares a few other ways he was able to find money to invest.

Direct download: Rental447AF.mp3
Category:Business -- posted at: 3:00am EST

Saad shares his strategy of buying cheap houses and transforming them into two or three-unit buildings.

We talk about how he gets this approved by the city, and the challenges he's had with contractors.

Saad also shares how he is doing this without physically living in the same area as his rentals.

https://rentalincomepodcast.com/episode446

Direct download: Rental446SDB.mp3
Category:Business -- posted at: 7:27am EST

Joe shares how he built up enough cash flow from his rental portfolio to retire from his job.

We talk about what kinds of properties he's buying, where he got his down payment money from, and how he financed his portfolio.

Joe also talks about how higher rates is affecting his investing.

https://rentalincomepodcast.com/episode445

Direct download: Rental445JB3.mp3
Category:Business -- posted at: 3:00am EST

Tyler lives in an expensive area where the numbers didn't make sense to buy rentals.

He wasn't interested in getting involved with extensive rehab projects. He wanted something that was going to be passive.

He ended up investing in out of state in newly rehabbed and new construction properties.

On this episode, we talk about how he picked the areas he ended up investing in, how he did his due diligence, and how the properties have worked out.

Tyler also shares all the numbers for two of his deals.

https://rentalincomepodcast.com/episode444

Direct download: Rental444.mp3
Category:Business -- posted at: 3:00am EST

Caeli Ridge from Ridge Lending Group shares that a lot of rental property investors get started by harvesting the equity they have in their primary residence.
 
As they are growing their rental portfolio, a lot of them tap into the equity they have created in their rental properties
 
On this bonus episode, Caeli shares the pros and cons of the different ways investors are harvesting equity.

https://rentalincomepodcast.com/Bonus-Equity-Caeli-Ridge
Direct download: Bonus-_Equity_-_CR.mp3
Category:Business -- posted at: 3:00am EST

Mike owns a business that generates a lot of profit, and causes him to pay a lot of taxes. He started buying rental properties that generate a paper loss and legally brings his taxable income to $0.

On this episode, Mike shares how this is working for him.

We also talk about how Mike is buying rentals out of state, and look at the numbers for one of his properties.

https://rentalincomepodcast.com/episode443

Direct download: Rental443MM.mp3
Category:Business -- posted at: 3:00am EST

Adam shares how he built his rental portfolio with the BRRRR strategy.

We talk about how Adam is buying cheap houses in good neighborhoods, fixing them up, and renting them out.

We also talk about how he's financing his properties, and challanges he's had with contractors.

Adam shares the numbers on one of his deals, including the purchase price, rehab cost, and what the property is rented for, his expenses and his cash flow.

https://rentalincomepodcast.com/episode442

Direct download: Rental442AC2.mp3
Category:Business -- posted at: 3:00am EST

Matthew was a guest on the podcast 3 years ago, on episode 280.

At that time, Matthew had been investing in rentals for a year, and had 4 properties.

On this episode, Matthew shares how he has grown his portfolio to 8 rentals that net him $10,000 a month and how he has grown his net worth by over $1 million.

Matthew had a plan to pay off his mortgages on the last episode, we see if that is still his plan today.

We also talk about how Matthew had to shift to buying in another area because real estate prices got too expensive.

https://rentalincomepodcast.com/episode441

Direct download: Rental441MCF.mp3
Category:Business -- posted at: 3:00am EST

Ryan shares his experience working with what he thought was a good property manager....until he woke up one day and realized his manager ran off with the rent he collected, security deposts, and some other money.

Ryan talks about what he learned from this situation, and the changes he's made to his property management to make sure something like this doesn't happen again.

We also talk about why Ryan prefers to work with a property manager vs self managing his rentals. And how his property manager has helped him invest in other markets.

https://rentalincomepodcast.com/episode440

Direct download: Rental440RB.mp3
Category:Business -- posted at: 3:00am EST

Mark went bankrupt at 40 and lost everything. He knows that real estate is a great way to build wealth, but he wants to take on a lot of risk.

On this episode we talk about how he's built a diversified portfolio of commercial real estate, regular long-term rentals, and Airbnb's.

We talk about how Mark is saving a ton of money in taxes by renting is commercial real estate to his own business.

Mark also explains how he's using the Profit First system to manage his rental income and expenses.

https://rentalincomepodcast.com/episode439

Thanks To Our Sponsors:

TheGuarantors - Protect your property against losses rent defaults, vacancies, lease breaks, damages and more. All without increasing your operating expenses.

Ridge Lending Group - Mention Rental Income Podcast for a $250 credit at closing.

Direct download: Rental439MD.mp3
Category:Business -- posted at: 3:00am EST

A few years ago Blake decided he wanted to build a big rental portfolio, and started aggressively buying rentals. Within a few years, he got to 300 doors.

Once he hit his goal, he found that having so many rentals was way too stressful, and decided to sell off half of his rental portfolio.

On this episode, Blake shares how he sold off half of his portfolio and used the proceeds to pay off the other half.

We talk about how having a smaller paid-off portfolio is so much better and how it's profitable every month no matter what because he has no debt.

Blake did this at a very high level, but this strategy works with even a few rentals.

https://rentalincomepodcast.com/episode438

Direct download: Rental438BS.mp3
Category:Business -- posted at: 3:00am EST

 Dan & Mike share why it made more sense for them to partner up to buy this property than to buy it individually.

We talk about how they found the property, how they financed it, and how they dealt with delays in getting the property fixed up.

They also share their experience of not taking a security deposit from their tenants. Instead, they had their tenants buy them an insurance policy from TheGuarantors. The policy protects their rental income from tenant non-payment and property damage.

They also share the numbers for the property.

https://rentalincomepodcast.com/episode437

Direct download: rental437b.mp3
Category:Business -- posted at: 3:00am EST

Jessie shares how she got started buy buying a house to live in, and renting rooms to help pay the mortgage.

She bought a few properties this way, and a few with traditional down payments, but she didn't get serious about building her rental portfolio until January 2021, when she discovered the BRRRR strategy.

Jessie is using none of her own money to buy and rehab her properties and is creating over $50,000 in equity on each deal she does.

We also look at a recent deal and review all the numbers, including purchase price, rehab cost, refi amount, how much the property is rented for, and Jessie's cash flow.

https://rentalincomepodcast.com/episode436

Direct download: Rental436JL.mp3
Category:Business -- posted at: 3:00am EST

Craig wanted to invest for cash flow and appreciation. Instead of finding the perfect property that had potential for both, he invested in two different areas. One area has historically seen a lot of appreciation and the other had lower priced properties that cash flowed better.

On this episode we see if one type of property has worked out better, in terms of being easier to manage and which has been more profitable.

Craig has been buying and managing his properties from out of state. We see if this has been a challange.

We also look at the numbers for a cash flow property and an appreciation property to see how they are performing.

https://rentalincomepodcast.com/episode435

Direct download: Rental435CS.mp3
Category:Business -- posted at: 3:00am EST

When Jessie (from Episode433) couldn't make things work with her Airbnb, she sold it to Jon.'

On this episode, we talk to Jon about how he put together a creative deal to buy the furnished, turn-key property with no money down.

Jessie couldn't make money in the summer, but not the rest of the year. Jon shares what he did to turn this into a property that is generating year-round revenue.

https://rentalincomepodcast.com/episode434

Direct download: Rental434JS.mp3
Category:Business -- posted at: 3:00am EST

Jessie's first Airbnb didn't go as well as she hoped, and she ended up having to sell the property.

On the first of this two-part series, we figure out what went wrong. Jessie shares how she researched the area, furnished the property, and marketed it.

As hard as Jessie worked at it, she couldn't make the property profitable and sold it.

On part two of the series we talk to the investor that Jessie sold the property to and figure out how he turned things around.

https://rentalincomepodcast.com/episode433

Direct download: Rental433JD2.mp3
Category:Business -- posted at: 3:00am EST

When Andrew started investing in real estate, all he could afford to buy were really cheap properties in not-the-best neighborhoods.

These properties made money, but he faced challenges with finding property managers and high expense ratios.

Andrew sold those properties and started buying better properties in better neighborhoods.

As those properties have appreciated, he has been selling them off and buying even better properties in even better areas.

We also talk about how Andrew is able to buy two houses every time he sells a house.

Direct download: Rental432AP.mp3
Category:Business -- posted at: 3:00am EST

Jeff shares the details of his plan to fund his retirement with rental income.

We talk about how he's paying off his properties, how much cash flow his properties generate today, and how much they will generate when everything is paid off.

Jeff also shares how he came up with his down payments, how he's financing his properties and we look at the numbers for his entire portfolio.

https://rentalincomepodcast.com/episode431

Direct download: Rental431JM.mp3
Category:Business -- posted at: 3:00am EST

Scott started buying rentals while working his W-2 job. His company had some management changes and he ended up getting laid off. At first he was stressed out, but then he realized he was going to be okay because of his rental income.

On this episode we talk about how Scott has found a lot of success buying lower cost affordable housing rentals.

We also talk about why lower cost properties are less risky than more expensive properties, and we look at one of his deals that didn't work out.

Scott shares the numbers for his entire portfolio including his total monthly rent, mortgage payment, other expenses, and his monthly profit.

https://rentalincomepodcast.com/episode430

Direct download: Rental430SW_copy.mp3
Category:Business -- posted at: 3:00am EST

Thomas was a fan of Dave Ramsey and his debt-free teachings. But, he thinks following Dave's strategy when it comes to investing in rentals is causing people to miss out on building substantial wealth.

Thomas doesn't believe that all debt is bad, and he thinks that it's possible to be conservative with debt, and still build wealth.

On this episode, Thomas shares how he's building wealth without being over-leveraged.

https://rentalincomepodcast.com/episode429

Direct download: Rental429TDREV.mp3
Category:Business -- posted at: 3:00am EST

Harley shares how he got started buying rent-ready condos off the MLS. Those properties appreciated over a few years, but rents didn't appreciate as quickly as the property values.

Eventually, Harley wasn't getting a good return on his equity.

He decided to sell his condos using a 1031 Tax Deferred Exchange and trade up better properties that generate more cash flow.

For example, he took a property that was rented for $1,750/month and exchanged it for a property that generates $10,500/month. That's an increase of $8,750 a month!


https://rentalincomepodcast.com/episode428

Direct download: Rental428HG.mp3
Category:Business -- posted at: 3:00am EST

Zeke talks about how he built a portfolio of 50 rental doors in just 4 years.

We talk about what the neighborhoods are like, if there is a bed/bath combination that rents best, the age of the properties, and how he's rehabbing the properties.

Zeke also shares how he found the down payment money since he didn't have much money when he started investing.

We also talk about the unique way that he's been finding properties, and how he got help managing them.

https://rentalincomepodcast.com/episode427

Direct download: Rental427ZL.mp3
Category:Business -- posted at: 3:00am EST

Nick talks about how having an extra $5,000 a month has improved his life. The extra money gave him the freedom to live life on his terms. He was able to leave his 9 - 5 job and start his own business because of his rental income.

We talk about how Nick has cut his living expenses by house hacking, and how having lower overhead allowed him to save money for down payments to buy more properties.

Nick also shares the numbers for one of his deals, and we look at the income and expenses for his entire portfolio.

We also talk about the simple wat Nick tracks his income and expenses.

https://rentalincomepodcast.com/episode426

Direct download: Rental426R2.mp3
Category:Business -- posted at: 3:00am EST

Camille shares her story of how she started with nothing and built a rental portfolio with over $1 million in equity that generates over $10K a month in cash flow.

We talk about how she started by house hacking. House hacking allowed her to save money that she used to buy a beach condo.

Camille also shares how the pandemic and some of the financial rules at the time helped her buy rental properties.

We also look at the numbers for her portfolio, including total rental income, expenses and how she gets to $10K per month in cash flow.

https://rentalincomepodcast.com/episode425

Direct download: Rental425CS2.mp3
Category:Business -- posted at: 3:00am EST

An update on the Rental Income Podcast

Direct download: Podcast_Update_6-27-23.mp3
Category:Business -- posted at: 3:00am EST

Ashish from investorfriendlycpa.com talks about a simple strategy to avoid getting audited.

We also talk about a strategy to legally pay no taxes on rental income, and how a little planning can save you thousands of dollars in taxes

Direct download: Bonus-Audit.mp3
Category:Business -- posted at: 3:00am EST

Kristina shares how she's been successful in investing in rentals by being flexible with her strategy.

We also talk about how she's had to change how she's found deals as they became harder to find.

Kristina shares the numbers for her portfolio, including gross rent, mortgage payment, repairs and cash flow.

We also take a look at one of her deals.


https://rentalincomepodcast.com/episiode424

Direct download: Rental424KA.mp3
Category:Business -- posted at: 3:00am EST

Ray And Letitia had no idea it would be so hard to buy a property in their IRA.

On this episode, they share the lessons they learned going through the process, and some major mistakes they could have made if they had not spent the time to learn the IRS rules on self-directed IRAs.

We also talk about what the process was like purchasing their property, and how they dealt with a major change that almost ruined their business plan.

Direct download: Rental423RLM.mp3
Category:Business -- posted at: 3:00am EST

Guido had a ton of problems in his early investing days. His basement flooded, he had evictions, and rumored drug dealers in one of his rentals. One day he got frustrated and decided to sell his property.

His property went under contract, and Guido immediately regretted his decision to sell. Luckily, the contract ended up falling through, and Guido went to work turning the property around.

A few years later the property appreciated and Guido was able to do a cash-out refi for $750,000.

On this episode, we talk about how he was able to take that money and build a rental portfolio that generates six figures in cash flow every year.

https://rentalincomepodcast.com/episode422

Thanks To Our Sponsors:
The Guarantors
Direct download: Rental422GN2.mp3
Category:Business -- posted at: 3:00am EST

Johnathan talks about how he buys rentals to generate monthly cash flow that gives him freedom to live life on his terms.

Currently, he doesn't need the cash flow to pay his bills, so he reinvests all of that money back into his portfolio to continue to build his portfolio.

We also talk about how Jonathan buys some properties for appreciation, and others for cash flow.

He also shares the details for one of his deals including expenses and cash flow.

https://rentalincomepodcast.com/episode421

Direct download: Rental421JK2.mp3
Category:Business -- posted at: 3:00am EST

Jake shares his strategy for generating money to buy rental properties.

When he looks at a property, he figures out if it would be a good flip or a good rental. If he ends up flipping it, he'll set the profit aside to buy his next rental. When he buys his next rental, he now has cash flow for the rest of his life.

On this episode we talk about how he decides if a property is a better flip or a rental. We also talk about how he's finding deals and how he's financing them.

https://rentalincomepodcast.com/episode420

Direct download: Rental420JRV3.mp3
Category:Business -- posted at: 3:00am EST

Harrison shares his strategy of buying run-down apartment buildings, in areas of the city that are improving.

We talk about how he is making extra money by starting retail businesses in the commercial portion of the building.

Harrison details how he's been able to buy and fix up the properties using very little of his own money.

We also take a look at one of his deals and look at the rental income, mortgage payment, other expenses, cash flow, and how much equity he's created by fixing up the building.

https://rentalincomepodcast.com/episode419

Direct download: Rental419HB2.mp3
Category:Business -- posted at: 3:00am EST

Andres figured out pretty quickly that he was not going to be able to buy very many rentals using his own money.

He started creating win-win "Creative Partnerships" to raise money to buy rental properties that generate profits for him and his investors.

On this episode, we talk about how he did it, and we also look at his entire portfolio and figure out how he generates about $10K a month in rental income and has created $2 million in equity.

https://rentalincomepodcast.com/episode418

Direct download: Rental418AB.mp3
Category:Business -- posted at: 3:00am EST

Nick shares how his rentals make him an extra $2K a month with very little work.

Nick talks about the strategy he has been using to pay off his rentals, and how he plans to have his entire portfolio paid off in the next 7 - 8 years.

We take a look at his numbers including the total rent collected every month, and his expenses (mortgage payments, taxes, insurance, repairs, and management fees.)

We also talk about some of the big expenses Nick has had with his rentals, and how he survived those big expenses.

https://rentalincomepodcast.com/episode417

Direct download: Rental417NC.mp3
Category:Business -- posted at: 3:00am EST

Jake is comfortable with mortgage debt, but his wife isn't. Together they came up with a compromise to use mortgages to purchase properties but to get them paid off as quickly as possible. Today they have paid off 75% of their mortgage debt.

On this episode, Jake shares three strategies he has used to pay off their mortgages.

Jake also shares a unique way that he has found off-market deals.

https://rentalincomepodcast.com/episode416

Direct download: Rental416JTREV.mp3
Category:Business -- posted at: 3:00am EST

Caeli Ridge from Ridge Lending Group shares how to get approved for a mortgage on a rental property.

We talk about the minimum credit score, the documents that you will need to provide, and the reserve requirements.

We also talk about the timeframe to close a loan, and the 4 mistakes that Caeli has seen borrowers make.

https://rentalincomepodcast.com/bonus-mortgage-approval

Direct download: Bonus_4-20-23.mp3
Category:Business -- posted at: 3:00am EST

Al started with a small condo and a 4 Plex that he house hacked.

After a series of trading up to bigger and better properties, he ended up with a 74-unit apartment complex that nets him $28,000 per month.

We talk about how Al found a neglected property and turned it around (from halfway across the country), how he manages the property, and review all the numbers, including total monthly rent, expenses, and cash flow.

We also talk about the series of trades that Al made to get where he is today.

https://rentalincomepodcast.com/episode415

Direct download: Rental415AS.mp3
Category:Business -- posted at: 3:00am EST

Anytime Michael would manage to save $10,000 he would always find something to buy with his money. He figured out that it would be a better use of his money to buy a rental with the money and the cash flow that the property generated would make him even more money every month.

On this episode Michael shares if small apartment buildings or single-family homes have been better investments for him.

He also talks about how he built a diversified portfolio with properties in different types of neighborhoods.

He also shares how he got rid of a bad tenant that was about to scare off good tenants.

https://rentalincomepodcast.com/episode414

Direct download: Rental414MA.mp3
Category:Business -- posted at: 7:13am EST

Andy made a lot of mistakes with his first rental. He paid too much, he didn't budget for expenses and vacancies, and he didn't use the 1% rule, or other criteria to evaluate the property.

Rentals can be very forgiving, and with time, his rents went up, he was able to bring his payments down by refinancing and appealing his property taxes. Today this is one of his property is his best-performing rentals.

On this episode, we talk about what Andy learned from this experience, and how it helped him become a better investor.

Direct download: Rental413Andy2.mp3
Category:Business -- posted at: 3:00am EST

Farris shares how he went from not knowing anything about real estate five years ago, to owning a portfolio of rental properties that nets him $90K a month.

We talk about what types of properties he's buying, and where he is getting the money from.

Farris has an amazing story because he isn't doing anything risky. He has been buying occupied properties that generate cash flow as soon as he closes, and using traditional mortgages with 20% - 25% down payments.

https://rentalincomepodcast.com/episode412

Direct download: Rental412FG_Final.mp3
Category:Business -- posted at: 3:00am EST

Mike shares his experience of buying out-of-state properties for cash flow. The properties looked great on his spreadsheet - and they did make money. But, he wasn't making the kind of returns he was looking for.

Mike has made way more buying properties, holding them for a while, and then selling them for a large profit.

We talk about how much Mike has made on his transactions, and why he prefers to sell them vs holding them for the long term.

https://rentalincomepodcast.com/episode411

Direct download: Rental411MW3.mp3
Category:Business -- posted at: 3:00am EST

Terry shares the details of turning a traditional long-term rental into a corporate rental.

We talk about the best location for a corporate rental, how he finds tenants, and how long they generally stay with him.

Terry also shares how much he spent furnishing his rental, how much vacancy he has, and how much time he spends managing his property.

Direct download: Rental410TR.mp3
Category:Business -- posted at: 3:00am EST

Amy shares how she found money for down payments by tapping into equity wherever she could find it, including her cars, home equity, and retirement money.

She also shares the unique strategy that she is using to finance her portfolio without having to come up with a lot of money.

Amy owns a mix of single family and 4 unit buildings. We see which type of property is more profitable.

We also take a look at one of her properties and talk about how she found it and we go over all her numbers.

Thanks To Our Sponsors:

The Guarantors
Ridge Lending Group

Show Notes:

https://rentalincomepodcast.com/episode409

Direct download: Rental409AR.mp3
Category:Business -- posted at: 3:00am EST

Vessi lives in an expensive area, where the laws are not very landlord friendly. This made it difficult to invest in rental properties locally.

On this episode, Vessi shares how she found the area she is investing in, and how she bought her first few properties.

We also look at the numbers for her first deal and see if things have turned out the way she projected.

https://rentalincomepodcast.com/episode408

Direct download: Rental408VK.mp3
Category:Business -- posted at: 3:00am EST

Most people would be in a tight spot financially if they suddenly stopped getting their paycheck.

Luckily Walter started buying rentals a few years before he got laid off, and the income from his rental portfolio produced enough monthly income that it covered most of his living expenses.

This gave him some breathing room as he transitioned to a new career.

On this episode, we take a look at Walter's portfolio including the type of properties he's purchased, and how he financed them.

We also take a look at his numbers including his total monthly rent collected, expenses, and his net cash flow.

https://rentalincomepodcast.com/episode407

Direct download: Rental407WJ.mp3
Category:Business -- posted at: 3:00am EST

Mike's primary residence increased in value and he tapped into that equity to buy his first rental.

On this episode, Mike shares why used a HELOC vs a traditional mortgage. We also talk about the advantages and risks of a HELOC, and how he plans to recycle his equity to buy more rentals.

We also talk about the strategy that Mike used to have his tenants ask for a $200 rent increase.

https://rentalincomepodcast.com/episode406

Direct download: RENTAL406MS.mp3
Category:Business -- posted at: 3:00am EST

Jarrod shares how his uncle purchased rental properties in the 1940's for a few thousand dollars, and how these properties have been passed down to the younger generation.

Today these properties have appreciated by millions of dolllars and provide income for Jarrod and his family.

Jarrod also talks about how he has taken the equity in the properties to buy more properties, how he minimizes his risk of non-payment and property damage by tenants, and the software that he uses to manage his properties and collect rent.

We also talk about how he is getting the younger generation interested in real estate, to ensure that these properties stay in the family for generations to come.

https://rentalincomepodcast.com/episode405

Direct download: Rental405JW2.mp3
Category:Business -- posted at: 3:00am EST

Marky bought a property thinking he would be able to renovate it in about a month. Unfortunately, things didn't go according to plan, and the BRRRR has taken longer to complete.

On this episode Marky shares how he dealt with problems, including problems with the city, contractors, material delays, and going over budget.

Marky shares what he has leaned, how he navigated the issues and what he will do differently next time.

Direct download: Rental404MS2.mp3
Category:Business -- posted at: 3:00am EST

Greg has been buying rentals on his own, but for his latest deal, he formed a partnership with his sister and her husband to buy a four-unit building.

On this episode, we talk about how they set up the partnership legally, and how much money they each invested. We also talk about their financing and their long-term plan for the investment.

https://rentalincomepodcast.com/episode403

Direct download: Rental403GR.mp3
Category:Business -- posted at: 3:00am EST

David shares his strategy of buying occupied properties, and slowly rehabbing them as tenants turnover. When the units are rehabbed, he's usually able to raise the rent by about 50%.

We also talk about the best bedroom/bath setup for a rental, how to find a mentor, and how he bought his first rental property when he was 16.

https://rentalincomepodcast.com/episode402

Direct download: Rental402DM.mp3
Category:Business -- posted at: 3:00am EST

Kyle shares how he educated himself about investing in rentals, and took that knowledge and put it to use in building his rental portfolio.

We talk about how many rentals he has, what he's looking for in a property, and how much he targets to make per rental.

We also look at two of his deals: a good one, and one that had a lot of trouble.

https://rentalincomepodcast.com/episode401

Thanks To Our Sponsors:
Direct download: Rental401KR3.mp3
Category:Business -- posted at: 3:00am EST

Jesse shares some good and bad experiences he's had owning rental properties. 
 
We talk about how he got hit with two big repairs back-to-back, and how an emergency savings account helped him survive that financial hit.
 
We also talk about how Jesse's rentals have become more profitable as time has gone by, and how an experiment converting some of his rentals to Airbnb worked out.
Direct download: Rental397JB.mp3
Category:Business -- posted at: 3:00am EST

On this episode we take a look back at some of Dan's favorite moments from 2022.

We listen in on investors that have reached financial freedom from buying rental properties, we hear about a unique financing strategy, and look at the numbers.

Links to listen to the entire episodes featured:

https://rentalincomepodcast.com/episode399

Direct download: Rental399-B22.mp3
Category:Business -- posted at: 3:00am EST