Rental Income Podcast With Dan Lane How Rentals Gave Him Financial Stability With Michael Atkins (Ep 546)
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Nov 4, 2025 In this engaging discussion, Michael Atkins, an experienced landlord and realtor from Montgomery, Alabama, shares his journey of building a 50-door rental portfolio. He reveals how rental income replaced his inconsistent commission earnings, providing financial stability and confidence in his real estate career. Michael details his strategies for saving commissions to invest in new properties and explains how his experience with rentals has made him a more effective realtor. He also highlights the importance of curb appeal and smart budgeting in maximizing rental performance.
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Rentals Covered His Living Costs
- Michael built a portfolio to cover his bills so commissions became extra income.
- He funneled real estate commission into savings to buy and rehab more rentals.
Save Commissions For Purchases And Rehab
- Save commissions to fund down payments and repairs so you can buy more rentals.
- Keep a threshold (Michael used $10–15k) to cover purchase and initial rehab costs.
Started With Cash Buys In Tougher Areas
- Early purchases were cash deals in lower-tier neighborhoods that he was comfortable in.
- He worked multiple jobs and odd jobs to save the cash needed to buy those houses.