Rental Income Podcast With Dan Lane

How Rentals Give Him Time FlexIbility With Joe Blackshere (Ep 538)

Sep 9, 2025
Joe Blackshere, a seasoned real estate investor with over 30 rental properties in Kansas City, shares his journey toward flexibility through rental income. He reveals how he recently added four properties using creative financing methods, including a HELOC. Joe dives into the impacts of rising insurance premiums and property taxes on his strategies and discusses the BRRRR method's financial benefits. He emphasizes selecting the right neighborhoods and leveraging home equity to enhance cash flow while navigating the complexities of property management.
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INSIGHT

Flexibility Over Absolute Freedom

  • Joe reframed his goal from absolute freedom to scheduling flexibility that fits responsibilities to tenants and clients.
  • That flexibility lets him take short-notice trips while keeping operations running smoothly.
ANECDOTE

Buying To Recover Cash Flow

  • Joe bought four properties to rebuild his cash flow after rising taxes and insurance eroded profits.
  • He needed more doors to reach the same income level as before cost increases.
ADVICE

Find Deals Through Relationships And MLS

  • Build and maintain relationships with wholesalers and use targeted MLS keyword searches to find deals.
  • Leverage those connections to source off-market and MLS opportunities when inventory is low.
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