How To Create Passive Income On Your Rental Properties

Anton Ivanov is a US Navy veteran, a real estate investor, and an entrepreneur with a portfolio of 40 rental units spread out across four states. He is the founder of DealCheck.io,  a leading real estate analysis platform for quickly analyzing and comparing rental properties, flips and commercial buildings. 

Anton’s journey to greatness in real estate started after he inherited a condo from his late parents.  Through mentorship he was advised to rent out the property, which created a small sum of passive cash flow monthly. This additional source of income served as an eye opener to how great real estate can be a source for passive income for Anton, especially since he wanted an early retirement. 

Once he completed his service in the Navy, he started building a real estate portfolio with his wife, investing in rental properties and later developed a platform used by over a 100,000 real estate investors, agents and professionals worldwide.

Listen in as they discuss:

• Calculating your cash flow or profit from a flip or land sale
• The creation of the DealCheck software
• DealCheck’s software usages and functions
• How to use the DealCheck software to get an accurate output and projections

TIP OF THE WEEK:

Mark: My tip of the week is dealcheck.io,  when you sign up just use the promo code Land Geek and get 25% off subscription forever.

Scott: Check out Harmonizely it is for your scheduling and it'll give you a dedicating web page. What's cool about it is it's free and it integrates to my Zoom and if anyone wants to book an appointment, it creates a Zoom meeting link. Everybody gets their dedicated zoom link. It's all automated.

Anton: My tip is two parts, the first thing I always want to say to my investors is "Don't be afraid to start small", there's nothing wrong looking for smaller deals just to get your feet wet, to get that knowledge and experience. It's easy to get blind-sided, to make mistakes on your first deals and by starting small you're less likely to do that or make mistakes, and it's not going to be costly. Second part of my tip is Networking and learning from other investors. Also, if any of you are interested in the software called Deal Check we have a better deal, a promo code. If you type in Land Geek, we'll give you 25% off for your subscription forever. You'll get that full discount as long as you're subscribed. But start with the free trial, check out dealcheck.io.

Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?