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

Mike Thompson isn’t trying to build a massive rental empire. His goal is simple: a handful of solid properties that generate income for retirement and create something he can pass down to his kids.Mike started by buying a 4-unit property in Ohio, where he was living at the time. He self-managed and handled his own maintenance. He enjoyed the hands-on approach and quickly learned the business. But after relocating to South Carolina, everything changed. Turning the property over to a property manager didn’t go as planned, and within a year, Mike decided to sell… walking away with a profit.After taking time to understand his new market, Mike got back in by buying two condos that he now self-manages. On this episode, we break down his numbers, how he budgets for expenses, and how he’s finding deals in today’s market.https://rentalincomepodcast.com/episode568Thanks To Our Sponsors:Flock Homes - Retire from real estate investing and landlording (whether it’s one problem property or your whole portfolio) through a 7