Tue, 17 January 2017
David shares how he has built an out of state rental portfolio while working a full-time job. He shares how he found properties, and how he manages the rehabs from across the country |
Tue, 29 November 2016
Linda shares the details of a welcome letter that she sends out when a new tenant moves in, and we talk about the pros and cons of different methods tenants use to pay rent. |
Tue, 22 November 2016
Josh shares his strategy of buying rentals for appreciation, and not cash flow. He also shares how he is able to make extra money by renting out properties by the room, renting parking spaces, the backyards of his properties, and by renting his houses to corporate tenants.
Links Mentioned On The Podcast |
Tue, 15 November 2016
Larry shares how he has been able to increase his cash flow, and make managing properties easier using lease options. For a free copy of Larry's book, and his 7 part video training:
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Tue, 8 November 2016
Stacy shares how she buys neglected historic houses, guts them, and rents them out. She also shares info about federal and state tax credits that she gets for doing the renovations. |
Tue, 1 November 2016
Pam owns a regular rental and a vacation rental. On this episode, we compare the two investments and figure out the better investment. |
Tue, 25 October 2016
Layton shares how he got started and bought his first 4 rentals in a little over a year. He also talks about the numbers he is looking for and the 6 other criteria he is looking for in a rental. |
Tue, 18 October 2016
A CPA shares ways rental owners can save money on their taxes. We talk about some overlooked tax deductions, if having a LLC will save you money on taxes, and how owners of rental properties can pay less tax than other business owners. |
Sat, 15 October 2016
A house flipper shares how he makes $50,000 (on average) flipping houses. We talk about how he finds deals, how he analyzes deals, how he uses none of his own money to do the flip, how he finds good (and keeps) contractors, and how he sells the properties for top dollar. To learn more about Nhan, or to contact him: http://www.fortunehomesteam.com nhan.lam
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Tue, 11 October 2016
Ken has done really well in an area that a lot of investors struggle with. He shares how he makes sure he gets paid every month, and what he does to keep his tenants for long periods. |
Tue, 4 October 2016
Rich talks about how he started investing in a market that had great cash flow on paper. He didn't like dealing with the hassles of that market and has been able to make a lot more money investing in another market with lower cash flow. |
Tue, 27 September 2016
Josh has reviewed thousands of leases and worked with hundreds of landlords, and has figured out 7 things that successful landlords do. |
Tue, 20 September 2016
Larry shares the process he uses to turnover a property. We go step-by-step of everything that happens from the time a tenant gives notice to a new tenant moving in |
Tue, 13 September 2016
Ben shares how he lost over $2 million by buying rental properties and flipping houses |
Tue, 6 September 2016
Kirby shares his story of how he started buying properties near military bases while he was in the Army. We talk about how he is using a self-directed IRA to buy rentals, and how is finding properties today in Chicago. |
Tue, 31 May 2016
Kevin talks about how he was not able to find cash flowing properties where he lived, so he started looking in other markets. He shares his experience of buying rentals that are fully rehabbed, and already have tenants in place. |
Tue, 24 May 2016
Are there certain properties that are better rentals than others? Why kind of ROI should an investor target with a rental property? We talk about that, and more, on this episode. |
Tue, 10 May 2016
John shares how he is making way more money renting out his lake house by the week vs having a long-term tenant. We also evaluate a deal that he is looking at buying. |
Tue, 3 May 2016
Landon shares how he has built a great relationship with his manager, how he is dealing with a slow rental market, and how he is building his rental portfolio |
Tue, 26 April 2016
Mike shares how his background as a wholesaler has helped him find incredible deals on rentals, and how he has been able to finance them without going to banks. |
Tue, 12 April 2016
Michael shares his story of how he bought his first rental.
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Tue, 5 April 2016
Daniel shares how he has been bought 5 rentals in the USA while living in Japan. He shares details of how he found and financed the deals. How the properties are managed, and the numbers of each deal.
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Tue, 29 March 2016
5 Rules that every rental property owner needs to know. |
Tue, 22 March 2016
Peter shares how a casual conversation drinking one night, turned into an awesome rental portfolio. |
Tue, 8 March 2016
Aaron shares how he has used seller financing to buy rentals. He also shares how he gets sellers to contact him about selling their properties.
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Tue, 23 February 2016
Phil shares how he has success renting in communities that cater to residents that are 55 and over.
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Tue, 16 February 2016
Lucas shares how he gets above market rent for his rentals by renting a group of tenants that are renting rooms. He also shares his "magic" number that has reduced his vacancy to almost nothing |
Tue, 9 February 2016
Keith walk us step-by-step how he started by buying a 4-plex, and living for free as his 3 tenants paid his mortgage, and ended up with a portfolio consisting of multiple houses, and 2 apartment buildings
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Tue, 2 February 2016
Chris shares his strategy of buying in different markets for different reasons. He owns rentals in 5 different markets. Some he buys for appreciation, and others for cash flow.
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Tue, 26 January 2016
Jason shares how he built a rental portfolio of 20 rentals in the last 2 years. He also shares his formula for buying properties, how he markets for properties, and how he finances the properties so that he has none of his own money in each deal.
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Tue, 19 January 2016
Are apartment buildings better investments than single family homes? We talk about the differences, how to get financing, and where to find deals on this episode. |
Tue, 12 January 2016
Dan tells the story of how he researched another rental market, and purchased a cash flowing rental property.
Links Mentioned on the show:
Local economic info - Do a google search for the County "Offering Document"
Other local info: local.niche.com |
Tue, 1 December 2015
Eric most recently had a bad tenant that he almost had to evict. Today he talks about what happened, and what he learned from this experience. |
Tue, 24 November 2015
Jeanne owns a portfolio of 1,500 college rental units located in two different college towns. We talk about how the college market is different from other markets, and how she grew such a big portfolio. |
Tue, 17 November 2015
Laurie is a Realtor that owns 9 rental properties. Today she shares how to find an investor friendly Realtor. She also shares the best part of the market to invest in, what to look for in a rental, as well as the recent success that she has had with vacation rentals. |
Tue, 10 November 2015
Nhan tells his story of how he bought 2 rentals in the last year with only $1,000 of his own money. We also talk about how he manages his property manager, and how he finds good cash flowing deals. |
Tue, 3 November 2015
Brian and Justin share their story of how they got started buying rentals while still in Grad School, and talk about a creative way to finance rental properties with no money. |
Tue, 27 October 2015
Rachel shares how she got started investing in single family homes and switched over to investing in mobile homes |
Tue, 20 October 2015
Mike talks about how he put together deals with investors and partners. Today he owns and manages 16 rentals that are all within a mile of his house. |
Tue, 13 October 2015
Nancy owns 15 properties in 3 different states. On this episode, we talk about how she finds properties, and how she manages her properties fom a distance. |
Tue, 6 October 2015
John talks about how he bought his first property at 19. He didn't know what he was doing, and he made a lot of mistakes. But, he figured it out, and today owns a great portfolio that generates a lot of cash flow. |
Tue, 29 September 2015
In the last year and a half John bought 3 multi-family units, while working his full-time job. On this episode John talks about how he did it, with the help of his team. |
Tue, 22 September 2015
Jeremy shares how every investment he has made in rental properties has gone bad, and how he eventually ended up going bankrupt and losing his properties. |
Tue, 15 September 2015
Kevin started out buying multi-family properties in Seattle. Now, he is branching out to other markets using a creative strategy to find properties |
Tue, 8 September 2015
There are lots of ways to find good rental properties to buy. A great way to buy a property under market value is to use a wholesaler. Today on the show we talk about how to use a wholesaler. |
Tue, 1 September 2015
On the lower end properties, generally there is more cash flow but also a lot more tenant issues. The higher end properties generally have fewer tenant issues, but a lot less cash flow. My guest today likes to buy properties in what he calls the "sweet spot", the properties right in the middle. |
Sat, 1 August 2015
Every landlords worst nightmare is having tenants not pay rent, and do damage to the property. Today Nicki shares her story about what recently happened to her. |
Wed, 1 July 2015
Steve shares exactly how to build a rental portfolio that will act as a personal ATM, and generate cash for you each month for the rest of your life.
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Tue, 16 June 2015
We talk about how to build a portfolio using partners, how to raise rent when the lease is up, how David makes sure he gets rent paid on the 1st, and how to finance a rental |
Tue, 9 June 2015
Danyel shares how she built her portfolio using multiple creative financing strategies. |
Tue, 2 June 2015
Brie shares how she built a portfolio that earns her $35,000 a month in rental income. |
Tue, 26 May 2015
Are beach rentals a good investment? Today on the podcast, Michael Luce shares his experience owning a beach rental. Check out Michael's listing on the show notes page ********* Thanks to our sponsor handy.com. Get $50 off your next cleaning or handyman sericve by using promo code RENTAL. or get $50 off your next Airbnb vacation rental cleaning at handy.com/host using the promo code RENTAL |
Tue, 19 May 2015
Juan shares how he find tenants in less than 2 hours, and how he keeps long-term tenants. |
Tue, 12 May 2015
4 landlords share their experience about the best way to use insurance and LLC's to protect themselves. |
Tue, 5 May 2015
Jeff found a really good deal on a run down and neglected property. On this episode he tells us how he got rid of his tenants, fixed up the property and was able to increase the rent and turn it into a really good cash flowing rental. |
Tue, 28 April 2015
Mike was a factory worker that figured out how to buy rental properties and replace his income with rental properties. Today he tells us how he did it, and how he found financing for so many properties. |
Tue, 21 April 2015
How do you find a good property manager? What are the fees? Is there anything to watch out for? Brenton Hayden, the owner of Renters Warehouse, one of the largest property managers in the country joins us today to reveal some property management secrets
Show Notes: |
Tue, 7 April 2015
Most landlords think that to make more money you need to raise the rent. Al Williamson shares 5 ways that landlords can increase their revenue without raising the rent.
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Tue, 31 March 2015
Screening tenants is the #1 most important thing that any landlord can do. But should you rent to applicants with bad credit. Today we talk to Zach McCrite about his experience |
Tue, 24 March 2015
Susan owns 3 properties free and clear, and she earns $6,000 a month in rental income. On this episode she tells us how she started knowing nothing about real estate, and not having a lot of money, and ended up paying off 3 mortgages and making $6,000 a month in rental income. |
Tue, 17 March 2015
Trying to come up with the money to buy a rental property holds back a lot of people. Today on the show, I talk to Lori Dawson who has been buying rentals using none of her own money or credit. Today she shares how she does it. |
Tue, 3 March 2015
I want to buy another rental property, but I just can't find a good deal in my market. Nick Polce is an investor that lives in the same market as me, and he it having no problem finding deals. On this episode he tells us how he is doing it. |
Tue, 24 February 2015
My guest today has found a real interesting niche. He rents out and flips trailers. The cost is really low to buy a trailer, and the cash flow is pretty good. Luke has built up a big enough portfolio over the last 5 years, that he was able to quit his job and live off the rental income his properties generate. |
Tue, 17 February 2015
Reducing tenant turnover is a great way to make your rental properties more profitable. Rob Chevez has had very little turnover in his rentals. On the show today we talk about how he attracts and keeps his tenants for long periods of time.
Download 7 Things I Wish I Knew Earlier About Renting Properties: http://www.FreeLandlordGift.com
Download FREE 3-Part video series on how to get started owning rental properties: http://www.RentalCourse.com
Hear More Episodes: http://www.RentalIncomePodcast.com |
Tue, 10 February 2015
Property Manager John Malatesta shares the Top 5 pitfalls that can get rental property owners in trouble. |
Tue, 3 February 2015
Turnkey Rentals are rental properties that an investor would buy that are already fixed up, and rented out. |
Tue, 27 January 2015
Can we believe the numbers that the investors on this show have given us? Is it true that you can buy a rental for $10,000, $20,000 or $30,000 that rents for $650 a month? Is There A Downside? Today we talk to Investor Ben Leybovich and he gives us his take. |
Tue, 20 January 2015
Section 8 and low income real estate investing can bring in a lot of cash flow. On today's episode we talk to Larry Myer, about his experience. |
Tue, 13 January 2015
Fourplex properties are a great way to have multiple income streams from one property. Today we talk to Jay, about how he got started and his experience owning fourplex properties. |
Tue, 6 January 2015
Airbnb is a great way to rent out rooms by the night, and generate rental income. Rochelle Short rents out two rooms in her townhouse, and makes enough money to cover her mortgage, utilities, and all of her expenses. On this episode she explains how airbnb works and her experience as a host. |
Tue, 23 December 2014
Getting laid off two days into a new job, made Steve decide he never wanted to rely on somebody else for a paycheck. He started buying rental properties. Today he lives off his rental income.
For Show Notes: http://www.RentalIncomePodcast.com/episode16 7 Things I wish I knew earlier about renting properties: http://www.FreeLandlordGift.com |
Tue, 16 December 2014
Lisa doesn't like having loans on her rentals. She knows that she could make more money by using leverage. But, the risk isn't worth it to her. She worked hard to get what she has and doesn't want a down market cycle to take it all away. She also loves all of the positive cash flow the rentals generate every month. |
Tue, 9 December 2014
Managing rental properties doesn't have to be a nightmare. My guest today has set up systems to make managing his rentals really easy. Jonathan also has a really inspiring story. He wasn't happy at his job, so he quit and got into real estate. He got his real estate license and started selling real estate to generate income, he also quickly started building his rental portfolio. Today he generates $20,000 in passive rental income. |
Tue, 2 December 2014
Carl figured out one day how many rentals he would need to own to leave his job, and live off his rental income. On this episode he tells us how he did it, and what he has learned. |
Tue, 25 November 2014
Sometimes life changes, and you need to move. This is what happened to Nicole Ratner, she bought a condo that worked great when she was single, but when she got married the condo didn't work so great anymore. On this episode, Nicole talks about the good luck that she had with having a long-term tenant, and the bad luck she had finding out that the property had toxic mold, after the tenant moved out. Resources for finding renters: Documents, Forms, Tenant Screening Resources Favorite Real Estate Book: |
Tue, 18 November 2014
Q&A show. I ask listener questions to Steve, a successful rental property owner. |
Tue, 11 November 2014
It is possible to buy houses for as little as $400, just ask David Sexauer He got his start buying properties from The Surplus list, where properties are sold for as little as $1. His first batch of homes he paid $400 for each one. Most of there properties are in rough neighborhoods, and in very poor condition. But, David is able to fix these houses up, for $10,000 or less and make a big social impact in neighborhoods by providing affordable housing. Key To Dealing With Tenants: David has had a lot of problems with tenants, and with bad things happening to his properties. He overcame this by working with local people that have a personal connection with the tenants and the community. This is a real win-win. It provides jobs in the neighborhood for the managers, good low-income for the residents, and less hassle for the owner. What David Looks For In A Good Deal: How much cash he has available? What is the interest rate? What is the return? He looks for a 2% monthly return (Pays $50,000 expects to make $1,000 a month) Favorite Real Estate or Business Book: E-Myth by Michael Gerber Advice For New Landlords: Stay engaged. Know wh |
Tue, 4 November 2014
Every real estate investing story doesn't have a good ending. Jim Adams is proof of that. Jim built an empire overnight. He found an estate sale that included 70 rentals for his first purchase. He than purchased another 30 properties on his own. In a short period of time, he built an empire of 100 houses, and had a staff of 20 people. When the market crashed, Jim lost all of his rentals, plus his personal house, and his cars. A lot of people would find it difficult to move on after a loss this big. But, not Jim Adams! Today, Jim has re-built his life and is doing great. On this episode, Jim shares what he would do differently today, and shares how he has moved on with his life. What he would do differently: He would buy houses subject to Favorite Real Estate Book Jim's Podcast: |
Tue, 28 October 2014
Moving up to a new home, and turning your old home into a rental can be a great way to get started owning rental properties. That is exactly how Chris Colgan got his start owning rental properties. |
Tue, 21 October 2014
How to pick the right tenants, to minimize evictions. Skip and Mary Saylor talk about the lessons they have learned from 40 years of owning rental properties. They have rented a lot of properties, to a lot of different people over the years, but they have had very few evictions. On this episode they reveal, in detail, exactly how they screen tenants Screening Process:
Rental Criteria (they show this to tenants before taking application fee) Favorite Real Estate Book: Landlording by Lee Robinson |
Tue, 14 October 2014
How to manager 20 properties on the side without a property manager. Sheila Konecke's main business is flipping houses. She flips about 3 houses a month. But, she manages to find time to manage 20 rentals on the side without a property manager. This episode will show you how she does it. Keys To Sheila's Success: Sheila has had luck selling rentals to tenants, by telling tenants if they are interested in buying the house to let her know if they want to buy and she will give them a price Sheila is fair to her renters. They see this, and they don't want to leave her Finding Renters Screening Process: Checks Credit - But, she warns credit doesn't really predict how the person will be as a renter The 3 Things Sheila Wants In A Tenant: It's hard to find all 3 things in a tenant. She warns you are lucky to get 2 out of the 3 Budget To Fix Up Property Between Tenants: Favorite Real Estate Books: |
Tue, 7 October 2014
It is possible to own rental properties in a different city than you live in, and not have a property manager. Tim Hennessey is proof of that. Tim owns 7 rental properties. He owns 4 in Florida, and 3 in Illinois (where he lives). He manages the Florida properties from Illinois and he does it all without a property manager. They Keys To Managing A Property From Out Of Town: 1.) Make it easy for tenants to make their rental payments. (Tim gives them addressed, and stamped envelopes with deposit slips, so the tenants can mail the rent checks directly to his bank) 2.) Build a network of contractors that you trust that can deal with repair issues 3.) Be careful to pick long term renters to reduce turnover 4.) Schedule a time to visit the properties, and schedule a fairly intense schedule of showings to try to rent it yourself. If it can't be rented before he leaves town, he hires a local Realtor to rent it out. 5.) Buy houses in nicer areas 6.) Take care of tenants....If carpet is worn, replace it. If the house needs to be painted, paint it. 7.) Try to sign multiple year leases 8.) Raise the rent on a regular basis. Not a lot. Use 3% a year. 9.) It's better to take less money and get a higher quality tenant, than to get more money, and a lower quality tenant. Tim's Criteria To Find Long-Term Tenants: 1.) Decent credit history 2.) Good prior rental history 3.) Decent job and income
Favorite Real Estate Book: Rich Dad Poor Dad by Robert Kiyosaki Other Advice: Buy properties right. What you make on a property is determined by what you pay for it. |
Tue, 30 September 2014
Today Justin Williams talks about how he owns 10 rental units, and is not involved at all. He hasn’t even seen some of the properties. He also talks about how he has his house flipping set up to flip 120 houses a week, with him only working 5 hours a week. He was motivated to set up systems for his business after reading: The Four Hour Work Week by Tim Ferris Some of the keys to his success are: * His people know that they can’t come to him with a problem, without also having a solution
The numbers Justin is looking for in a good deal: Justin looks to buy at low points at the marketHas to have cash flow. (Atleast 1.5X cash flow)..Example. If he buys a house for $100,000 (including cost of house and repairs), he wants it to rent for $1,500 a month Make sure you take repairs and vacancy into account when figuring out your budget
Contact Justin: House Flipping HQ |
Tue, 23 September 2014
Today we talk to Patti Robertson, Patti talks about how she owns and manages 43 of her own properties and manages over 100 properties for other people with her property management company |
Mon, 22 September 2014
Turning a primary residence into a rental is what Jack did. Today he tells the stpry of how his family grew out of their house, and he turned it into a rental, instead of selling it. Jack is making a small profit each month, and building wealth by having his tenant pay down his mortgage
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Sat, 20 September 2014
This is an intro to The Rental Income Podcast. http://www.RentalIncomePodcast.com |