Rental Income Podcast With Dan Lane

Rich shares why he thinks it's important to own rentals free and clear.He talks about how he paid some of his rentals, and how those properties are going to provide cash flow for the rest of his life (and cash flow for the life of his kids too.)We also talk about if it makes sense to pay off rentals with interest rates being so low today, and Rich shares some calculations on how it may make sense to buy properties today that don't meet the 1% rule.

Dom shares how he has bought several houses with a credit card.He shares how he did it, why he doesn't think this is a risky strategy, and some things to look out for if you are interested in doing this too.

Dom shares how he bought 46 single-family houses that each net him between $450 - $500 a month in cash flow.We talk about how he self-manages his properties, the unique thing he asks his tenants to do before he will rent to them, and how he avoids evictions and guarantees that he will receive rent each month.

Chris thought about buying rentals for over 30 years. He bought his first property in his 50's to provide him income during retirement. On this episode, we talk about how he buys and manages his rentals, and we go over his numbers on his most recent purchase.

Caeli talks about how you can take equity from one rental to buy another.We also talk about what it takes to qualify for a mortgage today, what lenders are looking for, and what documentation is required.

Nick is a big numbers guy and has figured out how to reach financial independence with a small rental portfolio.We go over his numbers and talk about how much he is buying properties for, what he is renting them for, and how many properties he will need to reach his goal.We talk about how he financed the properties that he has already purchased, and how he is saving money to make his future purchases with cash.

Adee is an investor and a Realtor that specializes in helping investors buy rental properties. On this episode, he shares what investors should look for in an agent, how to find an investor-friendly agent, and how to keep an agent motivated to keep working for you.

Eric shares how he has figured out how to make the self-management of his rentals easy. He talks about how he has automated some tasks while enlisting his tenants to help him with other tasks.We talk about how he pays his tenants to help him, and how he has brought his vacancy down to pretty close to zero.Eric also shares how good communication and working with tenants help him thrive with his rentals in a state that can be pretty landlord unfriendly.

Ashey talks about how she profits over $3,000 a month and has made $800,000 in appreciation on 4 rental properties over the last five years.We talk about the kinds of properties she's been buying, and how she manages her rentals while working full-time. We also review her income and her average monthly expenses.

Brady shares how he's been building his rental portfolio with none of his own money using the BRRRR strategy.We talk about how he found an investor to loan him the money to buy and fix up his properties, what kind of work he's been doing on his properties, and how he refinances with a long-term lender to pay off his investor.We review his numbers on what he's paying for properties, what his mortgage payments are, and how much profit he makes every month on each property.