Rental Income Podcast With Dan Lane: Landlord l R 2m3e67

In this episode, we sit down with an investor who's building a rental portfolio the smart—and simple—way. With a full-time job and real estate as his side business, he's focused on buying high-quality, move-in-ready homes in up-and-coming neighborhoods. These are properties in desirable school districts that need just a little TLC, not a full-blown rehab. He only buy rentals he’d be comfortable living in himself. We dive into his criteria for easy rentals and why quality and location matter more to him than deep discounts or fixer-uppers. I We look at his portfolio more closely, check whether the numbers are working, and explore what he’s doing with his cash flow. https://rentalincomepodcast.com/episode523 Thanks To Our Sponsors: MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's) Ridge Lending Group - Making the investment Mortgage process stress-free and straightforward.

Hawk Mikado shares his experience renting properties by the room and how he doubled his cash flow using this strategy. We discuss why he prefers renting to people staying just a few months instead of locking in year-long leases, how he chooses the perfect properties, and the ideal number of bedrooms and bathrooms. Hawk also shares how he manages everything remotely, even while living in a different state. And of course, we dig into the numbers. Hawk opens his books and shows us exactly how much he’s making per property. https://rentalincomepodcast.com/episode522 Thanks To Our Sponsors: Ridge Lending Group - Making the investment Mortgage process stress-free and straightforward. MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's)

On this episode, Jason shares his journey into college rentals and reveals the strategy behind his success.  Jason breaks down what makes a great college rental, from targeting safe, student-friendly neighborhoods to dialing in the ideal bed/bath ratio. We dive into how he screens tenants, whether he uses individual or t leases, and the unique methods he uses to fill vacancies fast, without turning his properties into the party house on campus. https://rentalincomepodcast.com/episode521 Thanks To Our Sponsors: Ridge Lending Group - Making investment Mortgage process simple and stress-free. MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's)

Jeremy's income can vary from month to month. He never knows how much money he will earn. He occasionally has a bad month where he earns no income. In the good months, his paycheck covers his bills, but in the bad months, his rental income is there to cover his bills. On this episode, Jeremy shares how he generates over $7,000 monthly gross income with just a few rental properties. We talk about how Jeremy started by house hacking while still in college, and he shares how he has financed the rest of his portfolio. https://rentalincomepodcast.com/episode520 Thanks To Our Sponsors: The Guarantors - Protect your property against losses rent defaults, vacancies, lease breaks, damages, and more. All without increasing your operating expenses. Ridge Lending Group - Making investment Mortgage process simple and stress-free. MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's)

Dennis shares that when he started buying rentals, he was a barber charging $13 for haircuts. On this episode, Dennis walks us through how he built his rental portfolio. Dennis shares how he saved the down payment money to buy his first rental, and the mistakes he made purchasing that property. Dennis also shares how the mistakes he made buying his first property helped him buy a better property for his next rental property. We discuss the criteria he uses to purchase a rental property and the importance of using leverage to build wealth.  https://rentalincomepodcast.com/episode519 Thanks To Our Sponsors: Ridge Lending Group - Making investment Mortgage process simple and stress-free. MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's)

Sabhya started buying good properties in good neighborhoods. Everything was working great. The properties were making money, and the properties were easy to manage. Sabhya saw he could buy cheaper properties in a less-than-great area and earn better returns. After owning the properties, he found that the cheaper properties had higher expenses than he estimated, and he wasn't making the money he hoped. On this episode, we discuss some of Sabhya's issues and how to be successful with cheaper rental properties. https://rentalincomepodcast.com/episode518 Thanks To Our Sponsors: MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's) Fundrise Flagship Real Estate Fund – Invest in a $1.1 billion real estate portfolio, starting with as little as $10. Ridge Lending Group - Making investment Mortgage process simple and stress-free.

Bob started buying rentals three years ago. After building his portfolio to 33 doors, he realized that his properties had appreciated a ton, and he wanted to cash out and capture his equity. Six months later, he realized he made a mistake by selling and started repurchasing rentals. On this episode, we talk about how Bob sold his portfolio, why he decided to start investing in a different area, and what he's buying today. We also see how things worked out for him tax-wise by selling his portfolio. https://rentalincomepodcast.com/episode517 Thanks To Our Sponsors: Fundrise Flagship Real Estate Fund – Invest in a $1.1 billion real estate portfolio, starting with as little as $10. Ridge Lending Group - Making investment Mortgage process simple and stress-free. MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's)

A one-month security deposit works great if your tenant pays rent and doesn't cause much damage. But if your tenant doesn't pay or causes a lot of damage, you could be out thousands of dollars. On this episode, Frank Jachetta explains how TheGuarantors removes this risk from the landlord with an insurance policy. We discuss how this unique policy works and the difference between rent coverage and landlord insurance, and Dan Lane shares how much his tenants have paid for coverage on his properties. https://www.theguarantors.com Thanks To Our Sponsor: MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's)

Pat started buying rentals by house-hacking a 4-unit building while working as a server at the Olive Garden. He was living free and profiting several hundred dollars a month. After seeing that everything was working out, he bought more rentals using the BRRRR strategy. As he grew his portfolio, he found it was getting easier. He just kept buying more properties. On this episode, Pat shares what a perfect rental looks like, why he doesn't like 30-year mortgages, and how he financed his portfolio. We also look at Pat's numbers and figure out how he is earning over $1 million a year in rental income. https://rentalincomepodcast.com/episode516 Thanks To Our Sponsors: Ridge Lending Group - Making investment Mortgage process simple and stress-free. MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's) Fundrise Flagship Real Estate Fund – Invest in a $1.1 billion real estate portfolio, starting with as little as $10.

Christopher built his rental portfolio without having to save cash for down payments. His primary house appreciated, he took that equity and put it to work by using it as down payments to buy rentals. One of his rentals appreciated over a period of a few years. He sold that property and used the equity to buy a better property. On this episode, we walk through how he built his portfolio without having to come up with any cash.   https://rentalincomepodcast.com/episode515 Thanks To Our Sponsors: MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's) Fundrise Flagship Real Estate Fund – Invest in a $1.1 billion real estate portfolio, starting with as little as $10. Ridge Lending Group - Making investment Mortgage process simple and stress-free.

Traveling and freedom have always been important to Suzanne. On this episode, Suzanne discusses how her 18 rental units provide a stable monthly cash flow, which allows her to travel whenever she wants. Suzanne shares that she never had a high-paying job but has always been good at saving money. That, in combination with house hacking, has allowed her to save down payments to buy properties. We also talk about how she has invested in different areas for different reasons. Some properties provide better cash flow, and some appreciate more. https://rentalincomepodcast.com/episode514 Thanks To Our Sponsors: MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's) Fundrise Flagship Real Estate Fund – Invest in a $1.1 billion real estate portfolio, starting with as little as $10. Ridge Lending Group - Making investment Mortgage process simple and stress-free.

David thinks investing in rental properties doesn't have to be complicated or stressful.  He said if he can do it, anyone can do it. He's been buying nice single-family homes in good neighborhoods. Most of his properties don't need any rehab work. Just a good cleaning. On this episode, David shares more about what he is looking for in a rental property and how he's been buying them with only 5% down. https://rentalincomepodcast.com/episode513 Thanks To Our Sponsors: Ridge Lending Group Making investment Mortgage process simple and stress free. MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. Fundrise Flagship Real Estate Fund – Invest in a $1.1 billion real estate portfolio, starting with as little as $10.

Cory's job transferred him. He knew he would return in a few years and liked his house, so he decided to rent it until he moved back.. After a few months, he saw that it wasn't difficult to manage from out of state and liked the cash flow, so he decided to buy more rentals. In this episode, Cory explains how he came up with the money to buy more properties and why he likes using a property manager. We also look at the numbers for one of his deals. https://rentalincomepodcast.com/episode512 Thanks To Our Sponsors: MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. Fundrise Flagship Real Estate Fund – Invest in a $1.1 billion real estate portfolio, starting with as little as $10 .Ridge Lending Group – Mention Rental Income Podcast for a $250 credit at closing.

Terry started investing in rentals at 55, and Odest started investing when he was 27. They were both at different stages of their life and had different experiences they brought to the table. On this episode, we figure out their strategies for investing in rentals and see if being older or younger helped or hurt them in their investing. We also discuss if not investing because you are too old or too young is a valid thought or a limiting belief. Thanks To Our Sponsors: Fundrise Flagship Real Estate Fund – Invest in a $1.1 billion real estate portfolio, starting with as little as $10 .Ridge Lending Group – Mention Rental Income Podcast for a $250 credit at closing. MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. https://rentalincomepodcast.com/episode511

When Jim started buying rentals, he decided to buy one a year and put it on a 15-year mortgage. The downside to this strategy is that you have a larger mortgage payment and less cash flow today. The upside is that you build property equity much faster than you would with a 30-year mortgage, and in 15 years, you own your property free and clear. On this episode, Jim shares how he was able to take the equity from one of his properties and buy three properties, and in the process, tripled his cash flow. We also discuss some of the risks of a 15-year mortgage, how much Jim puts down on purchases, and how he has found the properties he purchased. https://rentalincomepodcast.com/episode510 Thanks To Our Sponsors: Ridge Lending Group - Financing For Rental Properties. MidSouth HomeBuyers - Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. Obie Insurance - See if you can save money on landlord insurance.

Occasionally, tenants fall behind on rent. Should we work with them to catch up or proceed with the eviction? On this episode, Derek Morton shares why working with tenants will make investors more profitable. He shares information on how to find charities and grants to help tenants, and under what circumstances he won't work with a tenant. He also shares the number one predictor of whether a tenant will have trouble paying rent and why he doesn't use 3x rent to qualify a tenant's income. https://rentalincomepodcast.com/episode509

Taxes can be confusing and overwhelming. It's easy to tune it out.  Bob Russo is a A that works with a lot of investors. Bob thinks it's a good idea for investors to understand the basics of how taxes work so they can ask their A more concisely. On this episode, we discuss the deductions every real estate investor should take, strategies for rental property investors to reduce their taxes, and how LLCs affect taxes. https://rentalincomepodcast.com/episode508 Thanks To Our Sponsors: Rental Trial - Easily track rental income and expenses. Free 30 day trial Ridge Lending Group - Finance your next rental property purchase

George's first deal didn't work out the way he planned. Construction cost more and took longer than planned, mortgage rates went up, and insurance was higher than expected. However, the property still ended up being a great deal. It still cash flows and has been appreciated nicely. In this episode, we review what went wrong and figure out why everything still worked out. We also talk about how George accidentally started investing in real estate when he couldn't sell his primary residence. http://rentalincomepodcast.com/episode507

Squatters saw a rental listing online, broke into the property, and moved in. The investor's Realtor noticed someone occupying the property and called the police. When the police arrived, the squatters presented a fake lease. The police told the Realtor that this was a civil matter and that there was nothing they could do. They would have to take this up in court. On this episode, the investor's attorney, David Metzger, discusses what happened next and how he ultimately removed the squatters from the property. We also discuss a shortcut he devised to speed up the process and steps rental investors can take to prevent this from happening to them. https://rentalincomepodcast.com/episode506

Jefferson built his rental portfolio by buying rental properties out of state. He doesn't care where the property is as long as the numbers make sense and it's in a good area. On this episode, Jefferson shares how he finds deals, researches the area he wants to invest in, and does his due diligence. We also discuss how he has found many of his deals on Facebook and has worked out creative financing to buy properties with little money out of pocket. https://rentalincomepodcast.com/episode505