Tue, 26 December 2023
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
|
|
Tue, 19 December 2023
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
|
|
Tue, 12 December 2023
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
|
|
Tue, 5 December 2023
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
|
|
Tue, 28 November 2023
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
|
|
Tue, 21 November 2023
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
|
|
Thu, 16 November 2023
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
|
|
Tue, 14 November 2023
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
|
|
Tue, 7 November 2023
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
|
|
Tue, 31 October 2023
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
|
|
Tue, 24 October 2023
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
|
|
Tue, 17 October 2023
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
|
|
Tue, 10 October 2023
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
|
|
Tue, 3 October 2023
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
|
|
Tue, 26 September 2023
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
|
|
Tue, 19 September 2023
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
|
|
Thu, 14 September 2023
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
|
|
Tue, 12 September 2023
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
|
|
Tue, 5 September 2023
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
|
|
Tue, 29 August 2023
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
|
|
Tue, 22 August 2023
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
|
|
Tue, 15 August 2023
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
|
|
Tue, 8 August 2023
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
|
|
Tue, 1 August 2023
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
|
|
Tue, 25 July 2023
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
|
|
Tue, 11 July 2023
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
|
|
Tue, 27 June 2023
An update on the Rental Income Podcast
Direct download: Podcast_Update_6-27-23.mp3
Category: Business
-- posted at: 3:00am EST
|
|
Thu, 22 June 2023
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
|
|
Tue, 20 June 2023
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
|
|
Tue, 13 June 2023
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
|
|
Tue, 6 June 2023
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
Direct download: Rental422GN2.mp3
Category: Business
-- posted at: 3:00am EST
|
|
Tue, 30 May 2023
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
|
|
Tue, 23 May 2023
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
|
|
Tue, 16 May 2023
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
|
|
Tue, 9 May 2023
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
|
|
Tue, 2 May 2023
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
|
|
Tue, 25 April 2023
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
|
|
Thu, 20 April 2023
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
|
|
Tue, 18 April 2023
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
|
|
Tue, 11 April 2023
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
|
|
Tue, 4 April 2023
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
|
|
Tue, 28 March 2023
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
|
|
Tue, 21 March 2023
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
|
|
Tue, 14 March 2023
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
|
|
Tue, 7 March 2023
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
|
|
Tue, 28 February 2023
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
|
|
Tue, 21 February 2023
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
|
|
Tue, 14 February 2023
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
|
|
Tue, 7 February 2023
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
|
|
Tue, 31 January 2023
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
|
|
Tue, 24 January 2023
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
|
|
Tue, 17 January 2023
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
|
|
Tue, 10 January 2023
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
|
|
Tue, 3 January 2023
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
|
|