Rental Income Podcast With Dan Lane

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