Rental Income Podcast With Dan Lane: Landlord L Rental Property Owner L L Real Estate Investor L Passive Income L Find Good

A lot of investors are having trouble finding deals that meet the 1% rule.On this episode, Bill shares how he's finding incredible deals that meet the 2% rule.We also talk about a small apartment building that Bill purchased and how he was able to increase his cash flow by lowering the expenses and increasing the rents.https://rentalincomepodcast.com/episode351

Caeli Ridge shares what's been going on in the mortgage market, and why rates have been going up recently.We look at where rates are today and how they compare to when the pandemic first started, and in 2019.We also talk about where rates are headed.Contact Caelihttps://www.ridgelendinggroup.com1-855-747-4343info@ridgelendinggroup.com

Chris talks about why he doesn't use the 1% rule to evaluate rental properties.We talk about what he's looking for in a rental property, his average purchase price, and his average rental amount.We also talk about if he owns his rentals personally or in an LLC

Joel shares how a new investor making a modest income can go from $0 to $10,000 a month in net rental income.He provides a road map with examples of what types of properties to buy, and he shares hypothetical numbers for the rental purchase price, the loan amount, mortgage payment, repair reserves, and estimated rent and cash flow amounts.Of course, we can't guarantee you will make $10,000 per month with Joel's plan. But, it's a great starting point.https://rentalincomepodcast.com/episode349

Michael talks about how he's been able to increase his cash flow by turning the basement of a single-family home into a separate apartment.We talk about how he modified the basement, and how much it cost him.Michael shares what he needed to do to make the ADU legal, and how he deals with utilities.We also compare how much money he makes renting out the property with the ADU vs how much he would make if he didn't modify the property.https://rentalincomepodcast.com/episode348

On this episode, we look back at the 5 best interviews of 2021.My guest talk about:* Building a rental portfolio for generational wealth* How to build a rental portfolio for retirement income* How he went from a newbie to $15K in rental income in just 2 years* The types of properties make the best rental,* A guest shares how he made some mistakes and ended up losing his rental properties to foreclosure.Check out the full interviews:https://rentalincomepodcast.com/episode347

David talks about how it's really not that difficult to reach financial freedom from rental properties. We talk about how he calculated his freedom number, and how you can back into any income goal with some simple math.We also talk about how built his rental portfolio with just a few thousand dollars, and how he plans to get his portfolio paid off in way less than 30 years.

Sean thought about buying rentals for 20 years, but fear of the unknown stopped him from getting started.On this episode, we talk about how Sean learned more about rental properties and overcame his fear. We talk about how rentals helped him eliminate his monthly housing payment, and how today he is receiving cash flow and appreciation from his rental portfolio.

There are four main types of LLCs. On this bonus episode, Ashish From InvestorFriendlyCPA.com explains the differences between them. We talk about the kind of LLC most investors should use, and the two types of LLC'S that investors should avoid. Using the wrong LLC can cause an investor to pay a lot of extra money in taxes.

Michael shares his secret to building a profitable rental portfolio. We talk about how what he is doing with his rentals to get better tenants that pay a higher rent and stay for a long time.We talk about how he keeps his maintenance costs down by rehabbing his rentals as soon as he buys them.Michael also shares the numbers and the details on a recent rental purchase.

The idea that you could borrow money to make money without having a lot of money blew Aaron's mind.On this episode, Aaron talks about how he got started with rentals doing a house hack and ended up getting paid to live in his property, and made $70K when he sold that property a few years later.We also talk about how he bought his second rental with no money down, and how having a real estate license and access to the MLS has helped him get better deals.

Dave talks about how he quit his job before he had enough rental income to replace his W2 income.Being able to focus on real estate full-time gave him the time to find deals and grow his rental portfolio.On this episode, Dave talks about the returns he is looking for in a rental property, a creative way that he has been able to cut his expenses to increase his cash flow, and if he thinks investors are better off with a small or a big rental portfolio.

You don't need to spend thousands of dollars on a rehab to charge a higher rent.On this bonus episode, Lee shares some cheap and easy upgrades that he does to his rentals that help him charge a higher rent, and get a better return.

Zach has a full-time job and doesn't have time to do any complicated strategies to find rentals or take on a rehab project. He's been buying properties that need minimal fixes that can be rented out as soon as he closes on them.On this episode we talk about how Zach has been building his portfolio, we take a look at one of his deals, and talk about how he has overcome a few challenges.

Sean had a tenant suddenly pass away. On the first part of this episode, we talk to Sean about what happened to the lease, what he did with the personal property of the tenant, and how he got back control of the property.On the second part of the episode, we talk to Attorney Jules Haas to see if Sean handled the situation correctly and to see if there are other issues that landlords need to be aware of.

Tom knew that he needed to come up with a plan for retirement income. He figured out that if he bought a few rental properties and worked on getting them paid off he would be able to generate enough income to support himself.On this episode, we talk about how Tom got started with just a little bit of money, and how he paid off his properties.We also talk about some of the challenges that Tom faced along the way, and how he overcame them.

Chris had a lot of potential tenants that weren't very serious about renting from him. To eliminate the tire kickers, Chris started making people interested in viewing the property fill out a full application and pay an application fee before seeing the property.On this bonus episode, we talk about how this works, and how it's been working out for Chris.

John talks about what investors should be looking for in rental properties, and what he's looking for.We also talk about the 1% rule, and if this is still a good benchmark to evaluate rental properties, and other factors that investors should consider.

Ashish from investorfriendlycpa.com explains how rental property investors can save money on taxes with real estate professional status.We talk about what it is, how to qualify, and rules that investors need to be aware of.

Curtis shares the numbers behind his 8 unit portfolio. We talk about his gross rents, expenses, and his monthly profit.We also talk about how he finds traveling nurses, how he manages his properties, and how he does his leases.