Dan Lane عمومي
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Inspiring interviews with everyday people that are generating passive income by investing in rental properties. On each episode, we talk to a landlord about how they found and purchased their rental properties, how they financed them, and issues they face with property management, and managing tenants. Make sure you follow the show. A new episode is released every Tuesday.
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Evan started investing in cheap properties that he rented to Section 8 tenants. On this episode, we take a realistic look at investing in these low-cost and high-return properties. Evan shares the good and the bad of Section 8. He discusses his most significant expense and why assigning a percentage to the budget for expenses doesn't work. We also …
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When David decided to start buying rentals, everyone in his life thought it was a bad idea. They thought his timing was bad and he would lose money. David didn't listen to them, and today, he owns 18 rentals that generate over $13,000 a month in profit, giving him a runway to financial freedom. On this episode, we discuss how he started renting roo…
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After 40+ years of investing in rentals, Larry decided to sell off his rentals and retire. After Larry sold everything, his son Jordan expressed an interest in real estate investing. Today, Larry and Jordan are working on building a rental portfolio. On this episode, we discuss what they are buying, how they are dividing the work, and how they are …
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On this episode, Shay walks through five strategies she's used to finance her rental property purchases. Shay bought two properties with the help of government grants. She has purchased four house hacks using low down payment loans. She's also used a HELOC, a business line of credit, and hard money to purchase rentals. Shay also details how she wor…
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Eight years ago, our guest knew nothing about rentals and was not earning much money at his job. Today, after paying his mortgages, repairs, and other expenses, his rental portfolio generates over $200k in profit annually. On this episode, we'll examine all the numbers in his portfolio (total rent, mortgage expenses, utilities, repairs) and figure …
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Mark built a pretty big rental portfolio but didn't do anything risky or overextend himself. Instead, he took a slow and steady approach and built his rental portfolio slowly over time. On this episode, we'll discuss how he built his rental portfolio, the types of properties he bought, and how he used the 1031 Tax-Deferred Exchange to double his ca…
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Jhanel shares her journey from starting out as a college student with no money to leaving her job when she earned $70,000 a year in rental income. On this episode, Jhanel discusses where she got the money to buy her first deal and the challenges she encountered with her first property. We discuss what she thinks are the best properties to buy, how …
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After seeing his father pass away after working his entire life, Justin decided he needed to have the freedom to do what he wanted to do with his time today. Justin has built a tremendous retail portfolio, but a big part of his success is living in a house hack that profits $3,000 monthly. He does this by renting the downstairs part of his rental o…
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Lewis started investing in rental properties that didn't need any work and were ready to rent as soon as he purchased them. As he built relationships, networked, and gained more knowledge, he started doing the BRRRR strategy and could buy properties without coming up with significant down payments. On this episode, we look at Lewis' numbers (includ…
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Anna and Tessa are two friends who are building out their rental portfolios. They are busy, have limited time to spend on their rentals, and lack many handy skills. Anna and Tessa both have different strategies for buying the types of properties they want to purchase, but they have similar mindsets about building wealth with real estate. On this ep…
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Mike was inspired by a friend making $100k a month from rental properties. He thought, if his friend could do it, why couldn't he? On this episode, we discuss how Mike took baby steps for the first few years and eventually built a rental portfolio that nets him $35,000 a month. Mike shares his story of getting started and how one excellent investme…
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Kathi rented a property to tenants that were cooking meth in her rental. The toxins from the manufacturing of the meth were so bad that she was not able to remediate the property, and she lost everything. On this episode, we'll figure out what happened, how Kathi discovered it, and why her insurance policy didn't pay for the damage. We'll also figu…
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Jason shares the formula he has followed to reach financial freedom: He uses other people's money to buy mobile homes, fixes them, and sells them for a profit. He then uses the profit as his down payment to buy rental properties. Then he uses the cash flow his rentals produce to pay his living expenses. On this episode, we talk about what he looks …
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Charles used to believe that when you buy a rental property, you should hold it forever. However, he has realized the practicality of the situation: some properties outperform others, and if a property doesn't meet expectations, it might be a good business decision to sell it and reinvest in something else. On this episode we talk about two propert…
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Spencer shares the details of renting his property to short-term transitional housing tenants. The organization he works with pays for repairs on the property, covers the rent, whether a tenant is placed or not, and takes care of the utilities. This arrangement ensures Spencer's steady and reliable income, making his rental profitable. Spencer also…
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Grant had a good job, but it was very demanding. After he had a few kids, he wanted to work less, and he was looking for a way to generate income and break away from his job. He figured out that he could generate enough income to support his family if he bought enough rentals. On this episode, we discuss his strategies, including traditional down p…
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Alex shares his simple strategy to build wealth with his rental properties. Discover how Alex strategically acquires properties that not only generate wealth but also minimize tenant-related issues, offering him a hassle-free and promising investment experience. We also discuss why he thinks cash flow is essential, but buying properties likely to a…
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As an investor, if you have to pay for utilities, it can kill your cash flow. Having a utility company submeter each unit isn't always an option, and if it is, it can be costly. On this episode, Kelly shares a unique way to submeter buildings, without involving the utility companies. A meter is placed in the building that measures usage for each te…
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Justin shares how not being able to take enough time from work for one of his kids to play travel hockey was his motivation to start building a rental portfolio. On this episode, Justin shares how he got the money to get started, how he financed his rental purchases, and how many properties he needed to leave his job. Justin also shares how he budg…
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Bryan was slowly building his rental portfolio, and over the last few years, he figured out a formula to step up the pace of his buying. On this episode, we talk about: How he's been buying incredible deals ($100K under market). How he financed his purchases. Where his down payment money came from. We also look at the numbers for his entire portfol…
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Jacki talks about her strategy of buying a property that she wants to use on vacation for a few years. She generates income by renting it when she's not there. After a few years, she's ready to go somewhere new. She'll sell the property for a profit, and use the equity she created to buy the next one. On this episode, we talk about how many times s…
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Join us as we explore the ins and outs of financing, legal structures, and the advantages and disadvantages of buying rentals with partners. On this episode, we talk about their decision to operate under an LLC or as individuals to build their portfolio. We also talk about how they used an FHA 203k loans, a powerful tool to buy and rehab properties…
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A few years ago, Chase was listening to the Rental Income Podcast, trying to figure out how to get started investing in rentals. After hearing dozens of stories from investors who had been successful in investing in real estate, he felt ready to buy his first property. Today his rental portfolio generates over $20,000 a month in net cash flow. On t…
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Mike bought a rental property that looked like an incredible deal on paper, but it turned out to be a really bad investment. Mike ran into problem after problem. The maintenance costs were higher than he projected, tenants were constantly turning over, and he wasn't able to push the rents as high as he had hoped. On this episode, Mike shares everyt…
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Morgan shares how he was able to get double the returns by buying properties two hours away. Once he saw that he didn't need to live close to his properties, he packed up and moved 1,000 miles away. On this episode, Morgan shares how he was able to build his portfolio with a low credit score, and where he got the money from to build his rental port…
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