Rental Income Podcast With Dan Lane

Pete had always thought about buying rental properties, but real estate prices were too expensive where he lived. A few years ago his sons moved to Indianapolis. He went to visit and saw the potential that he could buy properties pretty inexpensively and rent them out for a profit. On this episode, we talk about how he did it, what he's looking for in a rental, the numbers he's looking for in a rental, and how things have worked out over the last few years.

Ben shares his story of how he has gotten off to a great start building his rental portfolio. He shares how he got started living for free with a house hack, and what he learned from getting ripped off by contractors on his second deal.5 Steps To Buy Your First Rental:http://www.landlordgift.com

Ian talks about how he built a large portfolio in just 3 years. It hasn't been all smooth sailing. We talk about the challenges he has faced, and how he survived.5 Steps To Buy Your First Rentalhttp://www.landlordgift.com

Andrew researched and thought about buying rentals for 12 years. After getting laid off from his job he realized that only having one source of income was dangerous, and decided that he was finally ready to pull the trigger and buy a 6 unit apartment building. On this episode we talk about how he found the property, how he financed it, and how he has dealt with some challenges that he has faced in the last year of owning the property.5 Steps To Buy Your First Rental:http://www.landlordgift.com

We talk about how Cristhian wasn't able to get approved for mortgages when he first started investing in rentals, and how he was able to get the sellers to finance his purchases. We talk about who is a good candidate for seller financing, and talk about the details of his first deal. We also talk about Cristhian's criteria when he is selecting a tenant, and go over the details of a recent tenant that stopped paying after 6 months.5 Steps To Buy Your First Rental:http://www.landlordgift.com

Theo tells his story of how an ad for a real estate seminar sparked his interest in rentals. That seminar led to him buying a house hack. By not having to pay rent, Theo was able to save money and that money enabled him to buy more rentals.Free Ebook: 5 Steps To Buy Your First Rental:http://rentalincomepodcast.com/5steps

Ian is a fireman and a few years ago the city that he works for was talking about getting rid of their pension plan. Ian took matters into his own hands to secure his future and started buying rentals that could be his own personal pension plan. On this episode we talk about how he works full-time and self manages a large rental portfolio. Why he makes his rentals nicer than the competing rentals in his neighborhoods, and what he takes out of his properties.

Jason bought 7 rentals over the last 18 months. He did everything right with purchasing the properties, but he had a ton of repair issues happen in a short period of time. On this episode we talk about what happened and how he dealt with the issues.

Mike tells his story of how he graduated with $200,000 in student loans. He couldn't afford the monthly payments, so he bought rentals that produce monthly cash flow that he uses to pay his payments.

Austin started building his rental portfolio shortly after graduating from college. He didn't have a lot of cash for down payments, so he got creative and figured out how to use other people's money to build his portfolio. On this episode Austin talks about some of the strategies he has used.