Tue, 25 June 2024
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. |
Tue, 18 June 2024
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 |
Tue, 11 June 2024
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 |
Tue, 4 June 2024
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 |