Nick talks about how having an extra $5,000 a month has improved his life. The extra money gave him the freedom to live life on his terms. He was able to leave his 9 - 5 job and start his own business because of his rental income.
We talk about how Nick has cut his living expenses by house hacking, and how having lower overhead allowed him to save money for down payments to buy more properties.
Nick also shares the numbers for one of his deals, and we look at the income and expenses for his entire portfolio.
We also talk about the simple wat Nick tracks his income and expenses.
https://rentalincomepodcast.com/episode426
Rental Income Podcast With Dan Lane