Rental Income Podcast With Dan Lane: Landlord L Rental Property Owner L L Real Estate Investor L Passive Income L Find Good

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.

Corey tells his story of how he started his career with $500,000 in debt. He started buying rentals while working full-time, and over time built up enough passive income to retire.

Jason tells his story of how he got stuck with a house that he was trying to flip. He decided to rent it out on VRBO. Things were going good, until he found out the city he was in didn't allow short term rentals, and shut him down. He then turned it into a regular rentals and made several key mistakes that ended up costing him thousands of dollars. We talk about the mistakes he made, and what he would do differently if he was in that situation again.

Rick owns a property management company and also personally owns 19 rentals. On this episode we talk about what Rick has learned from managing his rentals as well as working with other rental owners.

Chris lives in an expensive market and wanted to buy cash flowing markets. The numbers didn't work on any of the properties near his home, so he started looking at other markets an hour or two from where he lives. On this episode, we talk about how he found and financed his properties, how he self-manages them while working a full-time job, and about how he has dealt with tenant issues.

Jerry just closed on his first deal and on this episode we walk through exactly how he got started. We talk how he researched getting started, how he found his first deal, what he needed to do to get it ready, and how he found his first tenants.

Will talks about how he has been buying properties with just a little money out of his pocket, fixing them up, and then doing a refinance into a commercial loan. We talk about a mistake he made early on that cost him $7,000. We also talk about how he built a relationship with a bank that will allow him to continue to build his portfolio.

My guest found an incredible deal on a rental. It was a great price, and it great shape. But, Margaret did some research and found out that the house was a former meth house and wasn't safe for anyone to live in. On this episode, we talk about how she figured out the history of the house, what she needs to do to make the house safe, and how you can avoid buying a meth house.

My guest today has had some really bad things happen to him while owning rentals. He's been talking advantage of by tenants, sued by his first tenants, and ripped off by contractors. Even with all the bad things that have happened to him, he still loves owning rentals and thinks they are a great investment. On this episode we talk about how he dealt with issues and has gone on to build a great rental portfolio.

My guests today weren't happy with the service and the cost of their property manager. They decided to fire their property manager and put systems and a team in place, so they can manage their properties remotely from another country. Doing this saves them $5,000 a month.

We talk about the different types of policies landlords need to protect themselves, different coverages landlords should consider adding, and why landlords should require tenants to have renters insurance.

Forrest started buying rentals in the early 2000's, when Great Recession started he knew that the market was going to change. He quickly adjusted and made a huge change that helped him survive and profit from the recession.

I talk to 2 different tenants about what it's like to be a renter. The first tenant is in a C- or D class neighborhood, and the second is in a B class neighborhood. We talk about how they found the properties, what the screening is like, and how the manager has dealt with any issues they have had.

We talk about how to get qualified for a rental, how to get the financing to build a portfolio, and we talk about a case study of an investor that started with no rentals and how they were able to build a large rental portfolio in just 2 years

We talk about what you need to get a judgement, if you can garnish wages, other ways to collect, and when it may not be worth it.

Mike tells his story of how he lost several houses to foreclosure during the last market crash. We talk about what he learned, and how he has changed his buying criteria to avoid this from happening again in the future.Mike has since built a large portfolio and today he supports his family off the rental income his rentals generate.

John just closed on his first property. He's fixed it up, and he's ready to rent it out....but, he has a few questions. On this episode John asks Dan talk about doing showings, setting up the lease, clauses to put in the lease, screening tenants, and how to collect rent online.

After his wife got sick, Jesse found himself in a ton of debt. On this episode we talk about how in just a couple of years, Jesse got out of debt, and ended up owning several houses free and clear.

Rob and Megan talk about how they built a rental portfolio that generates enough passive income that one of them could leave their job if they wanted to. They both love their jobs, and don't have plans to leave anytime soon. But, they have that option if they ever needed it.