Rental Income Podcast With Dan Lane When His Rentals Weren't Working, He Had To Pivot With Seamus Nally (Ep 563)
Mar 3, 2026
27:21
On this episode, Seamus Nally shares a powerful lesson every investor eventually faces: if it’s not working, pivot.
Seamus originally set out to build a portfolio of student rentals. The plan made sense. The numbers worked. The demand was there. Then the university expanded its own housing and the student demand he was counting on dried up. Instead of digging in and hoping things would turn around, Seamus made a bold move.
He pivoted and began renting rooms to residents in an addiction recovery program. When new challenges surfaced with that strategy, he adjusted again, eventually transitioning the property into a traditional long term rental. By then, market rents had risen and the deal that once struggled was suddenly producing strong, stable cash flow.
We also talk about what it’s like investing alongside family, as Seamus partners with his brothers on their properties.
Plus, we get into one of the most overlooked investing advantages: building strong relationships with neighbors. Seamus explains how being proactive and communicative has not only protected their properties, but has also led to off-market deals and neighbors acting as extra eyes and ears.
https://rentalincomepodcast.com/episode563
Thanks To Our Sponsors:
MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (5% Interest Rate & 5% Management Fee For 5 Years)
Fundrise Income Fund - The Fund offers access to a diversified portfolio of cash flowing assets, all professionally managed by their expert team.
Ridge Lending Group - Making the investment mortgage process simple and stress-free. Sign up for a free 30-minute investor strategy session
Rental Accounting Software Made Easy. Free 30 Day Trial.
Seamus originally set out to build a portfolio of student rentals. The plan made sense. The numbers worked. The demand was there. Then the university expanded its own housing and the student demand he was counting on dried up. Instead of digging in and hoping things would turn around, Seamus made a bold move.
He pivoted and began renting rooms to residents in an addiction recovery program. When new challenges surfaced with that strategy, he adjusted again, eventually transitioning the property into a traditional long term rental. By then, market rents had risen and the deal that once struggled was suddenly producing strong, stable cash flow.
We also talk about what it’s like investing alongside family, as Seamus partners with his brothers on their properties.
Plus, we get into one of the most overlooked investing advantages: building strong relationships with neighbors. Seamus explains how being proactive and communicative has not only protected their properties, but has also led to off-market deals and neighbors acting as extra eyes and ears.
https://rentalincomepodcast.com/episode563
Thanks To Our Sponsors:
MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (5% Interest Rate & 5% Management Fee For 5 Years)
Fundrise Income Fund - The Fund offers access to a diversified portfolio of cash flowing assets, all professionally managed by their expert team.
Ridge Lending Group - Making the investment mortgage process simple and stress-free. Sign up for a free 30-minute investor strategy session
Rental Accounting Software Made Easy. Free 30 Day Trial.