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

Michelle has built her portfolio by buying really cheap, run-down properties, in rough neighborhoods that nobody else wants.She fixes the properties up, gets better tenants, and ends up with a great property that produces great monthly cash flow.On this episode, we talk about how she works with the local police department to get squatters out of the properties, and why she doesn't like working with section 8 tenants.

On this bonus episode of the Rental Income Podcast, Jay Redding shares his experience owning college rentals.We talk about how he has teamed up with the university sports teams, to rent rooms to student-athletes.When the current students graduate they pass their room down to younger students on the team. This makes his property management easier and eliminates the need for him to market the property.We also talk about how he screens his tenants with no rental history or credit score, and other issues he faces renting to students.

Jay got downsized from his corporate job and decided that he wasn't going to be happy finding another job. He figured out that if he bought enough rental properties he could earn enough money to replace his W-2 income.On this episode, we talk about how many rentals he needed to buy, how he financed his properties, and how he self-manages his rentals.

Mike didn't have any money to invest when he got started buying rentals. He built his rental portfolio using a lot of debt. After paying the mortgages, repairs, and other expenses he wasn't making much money.After building up equity for 9 years, he figured out that if he sold some of his rentals, he would end up with a portfolio of free and clear rentals.Today he has very little leverage on his portfolio, and all of his rentals generate really great cash flow.On this episode, we talk about how he built his portfolio and talk about his strategy to pay off his remaining rentals.

Will and Veronica share how they have been using the equity that they have created in their rental properties to buy more properties.They talk about the strategies that they have used to access the equity and how doing this has helped them double the size of their rental portfolio and increased their cash flow.

John talks about how he built his rental portfolio by buying base hits. Not many of his deals were all that incredible. But, when you look at his entire portfolio it's a home run.On this episode, we talk about the types of properties he's been buying, how he manages them while working full-time, and his plan to net $10K a month from his rental portfolio.

Managing properties and working with tenants can be very time-consuming, but it doesn't have to be. Bill and Kristy share how they have automated most of their property management. On this episode, they share how they do showing without having to be there, how they use online tools for applications and leases, and how their tenants can submit maintenance requests online directly to contractors.

Rob owns regular long-term rentals and Airbnbs. On this episode, we talk about the differences between managing both types of rentals and how much money Rob makes from each type of rental.We talk about how Rob manages his rentals, and we compare the benefits and downsides of each type of rental.

Rich shares why he thinks it's important to own rentals free and clear.He talks about how he paid some of his rentals, and how those properties are going to provide cash flow for the rest of his life (and cash flow for the life of his kids too.)We also talk about if it makes sense to pay off rentals with interest rates being so low today, and Rich shares some calculations on how it may make sense to buy properties today that don't meet the 1% rule.

Dom shares how he has bought several houses with a credit card.He shares how he did it, why he doesn't think this is a risky strategy, and some things to look out for if you are interested in doing this too.

Dom shares how he bought 46 single-family houses that each net him between $450 - $500 a month in cash flow.We talk about how he self-manages his properties, the unique thing he asks his tenants to do before he will rent to them, and how he avoids evictions and guarantees that he will receive rent each month.

Chris thought about buying rentals for over 30 years. He bought his first property in his 50's to provide him income during retirement. On this episode, we talk about how he buys and manages his rentals, and we go over his numbers on his most recent purchase.

Caeli talks about how you can take equity from one rental to buy another.We also talk about what it takes to qualify for a mortgage today, what lenders are looking for, and what documentation is required.

Nick is a big numbers guy and has figured out how to reach financial independence with a small rental portfolio.We go over his numbers and talk about how much he is buying properties for, what he is renting them for, and how many properties he will need to reach his goal.We talk about how he financed the properties that he has already purchased, and how he is saving money to make his future purchases with cash.

Adee is an investor and a Realtor that specializes in helping investors buy rental properties. On this episode, he shares what investors should look for in an agent, how to find an investor-friendly agent, and how to keep an agent motivated to keep working for you.

Eric shares how he has figured out how to make the self-management of his rentals easy. He talks about how he has automated some tasks while enlisting his tenants to help him with other tasks.We talk about how he pays his tenants to help him, and how he has brought his vacancy down to pretty close to zero.Eric also shares how good communication and working with tenants help him thrive with his rentals in a state that can be pretty landlord unfriendly.

Ashey talks about how she profits over $3,000 a month and has made $800,000 in appreciation on 4 rental properties over the last five years.We talk about the kinds of properties she's been buying, and how she manages her rentals while working full-time. We also review her income and her average monthly expenses.

Brady shares how he's been building his rental portfolio with none of his own money using the BRRRR strategy.We talk about how he found an investor to loan him the money to buy and fix up his properties, what kind of work he's been doing on his properties, and how he refinances with a long-term lender to pay off his investor.We review his numbers on what he's paying for properties, what his mortgage payments are, and how much profit he makes every month on each property.

Lee is an investor and a property manager and has seen many clients be successful with rentals, as well as clients that haven't done well with their rentals.On this episode we talk about the most important factor in buying a rental property, the perfect number of bedrooms to have in a rental property, the best types of neighborhoods to invest in.Lee also shares how to minimize turnover, and how much an investor should, on average, budget for repairs.

Farris talks about how he built a rental portfolio that produces $15,000 a month in net cash flow, and how he did it iin just 2 years.We talk about the types of properties he's been buying, how he's financing them, and how he's been finding his deals.Farris also shares his gross cash flow, and what his monthly expenses look like.