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

Brandon was able to replace his W2 income with a small rental portfolio.On this episode, Brandon shares 4 things he did to set him up financially for the rest of his life.We also look at Brandon's numbers including how much money he invested, his mortgage balance, gross rental income, expenses, and his monthly cash flow.

Terry took out a HELOC against his primary residence and he uses it to buy rental properties. He then uses the rental income to pay off the HELOC.He has used this strategy to buy 7 houses that generate $7,000 a month in rental income.Terry also shares his strategy of buying nice houses in good neighborhoods that are easy to manage.We also talk about how Terry saves money on appliances and other upgrades he does to his properties.

Dakota shares his story of how he bought a property that he house hacked while working for Domino's Pizza as a delivery driver.We talk about how he continued to build his rental portfolio over the next 7 years by using a few different financing techniques.He started with $419 and today he has millions of dollars in equity in his rental portfolio.https://rentalincomepodcast.com/episode369

Natasha shares how she was able to leave her W-2 job and support herself with her rental income.We take a look at Natasha's portfolio and her numbers. We talk about how she budgets for repairs and vacancies, and how she uses the tax code to legally avoid paying taxes on her rental income.We also talk about how Natasha gets health insurance, and why she rents herself, instead of owning a home.https://rentalincomepodcast.com/episode368

KC & Kaysie talk about selling a rental property that was netting them $1,500 a month and moving the equity to a new property that now nets them $15,000 a month.They open up their books and share all the numbers for the old and new property and we figure out how they were able to make this transaction happen.We also talk about how they found the deal, how they financed it, and how they have been managing the property.

Heidi bought her first property to live in, but things changed in her life and she ended up renting the property.On this episode, we talk about how Heidi dealt with lots of problems including tenants that didn't pay rent, property damage, and getting shut down by her city.Heidi stuck with the property and today the property generates $2,000 a month in profit and has appreciated by over $200,000.https://rentalincomepodcast.com/episode366

Alan lives in an expensive area where it's really difficult, if not impossible to find properties that are going to generate cash flow.On this episode, Alan shares how he found an area where the properties were much cheaper and the numbers worked better.We talk about how he found his properties, we take a look at his number, and figure out how many rentals he needed to get to $70K. We also talk about challenges that he has had along the way.https://rentalincomepodcast.com/episode365

Greg talks about how he generates enough money off his rentals to pay all his bills.He still works so that he can generate more cash to continue to buy more rentals and to continue to build his rental income.We talk about why he likes buying condos and how why he's not afraid of condo fee increases, and how he has joined the condo board to have some say in how the development is run.https://rentalincomepodcast.com/episode364

David thought about buying rentals for a long time. Recently, he felt like the time was right to buy his first rental.On this episode, we talk about how he got his wife excited about the idea of buying a rental.We also talk about how he found the property, how he financed the property, and how things have been working out.David shares all his numbers, and we figure out if he got a good deal.http://rentalincomepodcast.com/episode363

Don wanted to build a rental portfolio that generated income for him to live on in retirement, but he wasn't interested on taking on a lot of debt or a lot of risk.On this episode, he shares how he built a small portfolio of quality properties in good neighborhoods, and how he's been able to pay off several of his mortgages. Don also talks about how having paid off properties takes away the fear of having multiple tenants not paying rent, or moving out at the same time.Don shares how he is doing a pre-retirement test run right now, and is taking monthly draws of his rental income to test what it is going to be like financially to retire.https://rentalincomepodcast.com/episode362

Matt shares how he went from not making much money and living on a couch to owning a rental portfolio that generates $15,000 a month in gross rental income.We talk about how he got the money to get started, how he eliminated his housing expenses with a house hack, and we look at the numbers for his portfolio and figure out how much he nets after all expenses.

Alex shares how he buys a rental property as he saves down payments.He doesn't do major rehabs or creative financing. He has found most of his properties off the MLS, but over the last few years, his properties have generated a ton of cash flow and appreciation.On this episode, Alex also talks about some mistakes he has made and how he screens property managers.

Patrick loves owning rentals, but it hasn't always been easy. He's had to deal with fires, floods, bad tenants, and not always having enough money to pay for repairs.On this episode, we talk about both the good and the bad of owning rentals, and how Patrick has overcome some tough situations.https://rentalincomepodcast.com/episode359

Jeff shares how he earns triple the revenue vs what his competitors are earning with an Airbnb.We talk about where he is buying, what he did to upgrade the house, how he raised the money to purchase the property, and how he finds guests that are willing to pay a premium to rent his Airbnb.We also talk about how he avoided what could have been a pretty big legal issue.http://rentalincomepodcast.com/episode358

Carlo talks about the 5 different ways we get paid (at the same time) owning rental properties.We also talk about what types of properties Carlo is buying, what type of neighborhoods they are in.We also talk about how Carlo has financed his properties, and the level of risk he is comfortable with.

Philip shares how he created a rental portfolio that nets $12k per month after all expenses, by tapping into equity that he had in his primary residence.We talk about how he created the equity in his home, and how he used a HELOC (home equity line of credit) to access the equity.Philip shares how having access to the equity enabled him to get really good deals on rental properties because he could make cash offers.We also talk about how he's been able to recycle the equity over and over to build his rental portfolio.

Kevin talks about his experience turning his primary residence into a rental. We talk about why he decided to rent his property vs sell the property, what he needed to do before he rented his property, and how things have worked out for him.We also talk about tax considerations to think about before turning a home into a rental, and a way that investors can save money on repair costs.

Adrian had a good, stable job with a pension, but he walked away from it all because he wanted more out of life.On this episode, we talk about the types of properties Adrian bought, how many rentals it took him to be able to leave his job, how he budgets for expenses and how he financed his portfolio.We also take a look at the numbers for the first turnkey property he bought, and how he gets infinite returns today using the BRRRR strategy.

Zach shares his experience investing in new construction rentals. We talk about what he's looking for in an area to invest in, we talk about if he upgrades the property or rents it as it comes, and his unique way of finding tenants.We also look at his numbers for a recent deal including what he paid for the property, his mortgage payment, the rent, typical expenses, and his cash flow.https://rentalincomepodcast.com/episode353

Paul lives in an expensive area, and he's been doing BRRRR projects in another state.On this episode, Paul talks about what has gone right, and how he has overcome some challenges.We also take a look at a recent deal and go over his numbers. We also take a look at his entire portfolio and review his rent, expenses, and his cash flow.https://rentalincomepodcast.com/episode352