Rental Income Podcast With Dan Lane

The Secret To Consistent Monthly Cash Flow With Greg Zessin (Ep 537)

Sep 2, 2025
Greg Zessin, a landlord with 68 rental units in Springfield, Illinois, shares his journey towards achieving consistent monthly cash flow. He reveals the lessons learned from fluctuating profits due to unexpected repairs and tenant issues. By focusing on properties that yield steady income, Greg highlights which property ages and neighborhoods to target or avoid. He also discusses his strategies for retaining tenants longer and shares unique methods for finding off-market deals, transforming his investment approach for steady success.
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INSIGHT

Consistency Beats Occasional High Cashflow

  • Not all cash flow is equal; some properties show great months then drop to losses.
  • Greg realized steady, predictable monthly income matters more than sporadic high cashflow.
ADVICE

Budget For Future Capital Expenses

  • Avoid very old houses and factor capital expenses into monthly costs.
  • Calculate remaining life of roofs, water heaters, and divide replacement cost into monthly reserves.
ADVICE

Favor Light Renovations For Faster Rent-Up

  • Do only light renovations on newer buys and avoid major system replacements unless near end-of-life.
  • Freshen properties for faster rent-up and save big on rehab time and cost.
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