Rental Income Podcast With Dan Lane

Tiffany shares how she went from being brand new to investing in real estate to building a small rental portfolio that paid for her to travel the world.She shares how she managed her properties while she was out of the country, and how not giving up during a really tough time ended up giving her the freedom to live life on her terms.

Caeli Ridge gives a live look at the current investment mortgage rates for a rental purchase, refi, and cash-out refi.She also updates us on the latest with the new mortgage tax.

Jennings thinks that it is a really bad idea for real estate investors to manage their own rentals. He thinks that investors are actually creating a second job when they self-manage when the entire reason they started investing in rentals is for passive income and freedom.On this episode, we talk about mistakes that landlords make when they self-manage and how a good property manager can actually make an investor more money.

Joel shares how rentals made him rich by following a simple old school plan of buying rentals over time, and not selling them. He bought his first rental property over 40 years ago and as he had the money he would add to his portfolio. Doing this consistently over a long period of time allowed him to build up enough monthly rental income that he was able to retire from his day job.On this episode we talk about how he did it, and he gives advice on how you can do it too.

My guest has some major problems with her rental portfolio. She has multiple tenants not paying rent, and she has vacant properties that need repairs and she doesn't have the funds to make the repairs.We talk about how she got in this situation, and we bring in another experienced landlord to offer some guidance on how she can turn things around.

Heman wanted to buy rentals, but he didn't have the cash to get started. On this episode, he talks about deciding to cash out his 401(K) and how he has turned that initial investment into a portfolio with millions of dollars in equity.We compare what he would have made if he had kept his money in the stock market and what he has made off his rental properties.We go over his numbers, his technique to get rent increases, and how he has had zero vacancy in his rental portfolio.

Marcus shares his simple formula to make $1 million with rental properties. He talks about a common mistake that investors make when they are looking to buy rentals. He also shares the numbers on one of his recent rental purchases, and what he does to keep his maintenance and repair costs low.

Amanda was a single mom when she bought her first rental. She didn't have a lot of money, but she had a dream to retire early with rental properties.On this episode, we walk-thru how she built her rental portfolio without having a lot of money.She shares the creative strategies that she has used to find and purchase rental properties.

Joe has invested in both local rentals, that he self-manages, and out of state turnkey rentals. The turnkey rentals were fully rehabbed, had a tenant in place, and property management was provided by the turnkey company.On this episode, Joe shares his experience with buying turnkey rentals and shares how they have actually performed for him.He also shares the minimum price to rent ratio an investor needs to be profitable with turnkey and the number for a self-managed property.

John talks about how he found a run-down apartment building, fixed it up, and was able to raise rents over $10K a month.After the project was done he was able to refinance and get all of his money back.On this episode, we talk about exactly what he did, how he overcame a few challenges, and his numbers.