Rentals Are The Ultimate Get Rich Slow Plan With David Maher (Ep 457)
Rental Income Podcast With Dan Lane
by Rental Income Podcast
5d ago
David shares how he's been able to substantally grow his cash flow and build wealth by making sure he raises rent every year. We talk about how much he targets to raise rent, how he notifies tenants about the increase, and how long before the end of the lease he notifies them. We also talk about why he uses a Realtor to lease his rentals vs leasing himself. We also look at the numbers for one of his deals and see how much his cash flow has increased over time with yearly rent increases. https://rentalincomepodcast.com/episode457 Thanks To Our Sponsors: The Guarantors Ridge Lending Group ..read more
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Prices Were Too High Locally - Here's Where He Found Better Cash Flow With Joe Facenda (Ep 456)
Rental Income Podcast With Dan Lane
by Rental Income Podcast
1w ago
Joe lives in an area that historically has seen great appreciation, but cash flow is very hard to come by. He decided to invest in good areas that had much cheaper properties, that produced better cash flow. On this episode, we talk about if Joe sees any risk in investing out of state. We also talk about how Joe figured out where to invest, how he found his properties, and see if he ran into any challenges along the way. https://rentalincomepodcast.com/episode456 Want to be a guest on the podcast? Reach out here: https://rentalincomepodcast.com/contact ..read more
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How Much Money She Makes With A Mid term rentals with Shayla Twit (Ep 454)
Rental Income Podcast With Dan Lane
by Rental Income Podcast
1M ago
Shayla bought rental properties 15 years ago. They ended up being cash flow negative, and she eventally ended up losing them. Recently Shayla decided that she wanted to get back into real estate investing, and wanted to buy a property that was going to be very profitable. On this episode, we talk about how Shayla is making a ton of cash flow off on mid term rental. We talk about what she paid for the property, how much she spent to furnish it, how much her mortgage payment and other expenses are, and how much she profits after everything. https://rentalincomepodcast.com/episode454 ..read more
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Part 2: He Bought The Bad Airbnb From Jessie. Here's How He Turned It Around With Jon Stratton (Ep 434)
Rental Income Podcast With Dan Lane
by Rental Income Podcast
1M ago
When Jessie (from Episode433) couldn't make things work with her Airbnb, she sold it to Jon.' On this episode, we talk to Jon about how he put together a creative deal to buy the furnished, turn-key property with no money down. Jessie couldn't make money in the summer, but not the rest of the year. Jon shares what he did to turn this into a property that is generating year-round revenue. https://rentalincomepodcast.com/episode434 ..read more
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How He Generates $10K A Month And Created $2 Million In Equity With BRRRR's With Andres Bernal (Ep 418)
Rental Income Podcast With Dan Lane
by Rental Income Podcast
1M ago
Andres figured out pretty quickly that he was not going to be able to buy very many rentals using his own money. He started creating win-win "Creative Partnerships" to raise money to buy rental properties that generate profits for him and his investors. On this episode, we talk about how he did it, and we also look at his entire portfolio and figure out how he generates about $10K a month in rental income and has created $2 million in equity. https://rentalincomepodcast.com/episode418 ..read more
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His BRRRR Went Bad. Here's What He Learned With Marky Suazo (Ep 404)
Rental Income Podcast With Dan Lane
by Rental Income Podcast
1M ago
Marky bought a property thinking he would be able to renovate it in about a month. Unfortunately, things didn't go according to plan, and the BRRRR has taken longer to complete. On this episode Marky shares how he dealt with problems, including problems with the city, contractors, material delays, and going over budget. Marky shares what he has leaned, how he navigated the issues and what he will do differently next time ..read more
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How To Protect Your Rentals from Liability and Lawsuits With Jeff Rickerman (Ep 453)
Rental Income Podcast With Dan Lane
by Rental Income Podcast
1M ago
Jeff shares how he protects his rental portfolio from liability and lawsuits. Some of the topics we talk about are: Why investors should consider owning in an LLC How to operate your LLC to minimize your chances of a judge invalidating it in the event of a lawsuit How to use equity stripping to protect your equity The minimum liability insurance an investor should carry on each rental Why investors should consider getting a PUP How to protect yourself from lawsuits from contractors and mechanic liens https://rentalincomepodcast.com/episode453 ..read more
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From Broke To $8K A Month In Rental Income With Josh Poitras (Ep 452)
Rental Income Podcast With Dan Lane
by Rental Income Podcast
1M ago
Josh shares how he went from having no money and renting a room in a basement to profiting over $8,000 a month from his rentals. On this episode, we walk step-by-step through how he built his rental portfolio. We talk about the types of properties Josh bought, and what types of neighborhoods they are in. Josh also shares where he got his down payment money from, and how he financed his rental purchases. https://rentalincomepodcast.com/episode452 ..read more
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Part 2: He Bought The Bad Airbnb From Jessie. Here's How He Turned It Around With Jon Stratton (Ep 434)
Rental Income Podcast With Dan Lane
by Rental Income Podcast
1M ago
When Jessie (from Episode433) couldn't make things work with her Airbnb, she sold it to Jon.' On this episode, we talk to Jon about how he put together a creative deal to buy the furnished, turn-key property with no money down. Jessie couldn't make money in the summer, but not the rest of the year. Jon shares what he did to turn this into a property that is generating year-round revenue. https://rentalincomepodcast.com/episode434 ..read more
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Bonus: How To Get Approved For Rental Mortgage in 2023
Rental Income Podcast With Dan Lane
by Rental Income Podcast
1M ago
Caeli Ridge from Ridge Lending Group shares how to get approved for a mortgage on a rental property. We talk about the minimum credit score, the documents that you will need to provide, and the reserve requirements. We also talk about the timeframe to close a loan, and the 4 mistakes that Caeli has seen borrowers make. https://rentalincomepodcast.com/bonus-mortgage-approval ..read more
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