Rental Income Podcast With Dan Lane

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

A lot of investors are having trouble finding deals that meet the 1% rule.On this episode, Bill shares how he's finding incredible deals that meet the 2% rule.We also talk about a small apartment building that Bill purchased and how he was able to increase his cash flow by lowering the expenses and increasing the rents.https://rentalincomepodcast.com/episode351

Caeli Ridge shares what's been going on in the mortgage market, and why rates have been going up recently.We look at where rates are today and how they compare to when the pandemic first started, and in 2019.We also talk about where rates are headed.Contact Caelihttps://www.ridgelendinggroup.com1-855-747-4343info@ridgelendinggroup.com

Chris talks about why he doesn't use the 1% rule to evaluate rental properties.We talk about what he's looking for in a rental property, his average purchase price, and his average rental amount.We also talk about if he owns his rentals personally or in an LLC

Joel shares how a new investor making a modest income can go from $0 to $10,000 a month in net rental income.He provides a road map with examples of what types of properties to buy, and he shares hypothetical numbers for the rental purchase price, the loan amount, mortgage payment, repair reserves, and estimated rent and cash flow amounts.Of course, we can't guarantee you will make $10,000 per month with Joel's plan. But, it's a great starting point.https://rentalincomepodcast.com/episode349

Michael talks about how he's been able to increase his cash flow by turning the basement of a single-family home into a separate apartment.We talk about how he modified the basement, and how much it cost him.Michael shares what he needed to do to make the ADU legal, and how he deals with utilities.We also compare how much money he makes renting out the property with the ADU vs how much he would make if he didn't modify the property.https://rentalincomepodcast.com/episode348

On this episode, we look back at the 5 best interviews of 2021.My guest talk about:* Building a rental portfolio for generational wealth* How to build a rental portfolio for retirement income* How he went from a newbie to $15K in rental income in just 2 years* The types of properties make the best rental,* A guest shares how he made some mistakes and ended up losing his rental properties to foreclosure.Check out the full interviews:https://rentalincomepodcast.com/episode347

David talks about how it's really not that difficult to reach financial freedom from rental properties. We talk about how he calculated his freedom number, and how you can back into any income goal with some simple math.We also talk about how built his rental portfolio with just a few thousand dollars, and how he plans to get his portfolio paid off in way less than 30 years.

Sean thought about buying rentals for 20 years, but fear of the unknown stopped him from getting started.On this episode, we talk about how Sean learned more about rental properties and overcame his fear. We talk about how rentals helped him eliminate his monthly housing payment, and how today he is receiving cash flow and appreciation from his rental portfolio.

There are four main types of LLCs. On this bonus episode, Ashish From InvestorFriendlyCPA.com explains the differences between them. We talk about the kind of LLC most investors should use, and the two types of LLC'S that investors should avoid. Using the wrong LLC can cause an investor to pay a lot of extra money in taxes.