Rental Income Podcast With Dan Lane

Traveling and freedom have always been important to Suzanne.On this episode, Suzanne discusses how her 18 rental units provide a stable monthly cash flow, which allows her to travel whenever she wants.Suzanne shares that she never had a high-paying job but has always been good at saving money. That, in combination with house hacking, has allowed her to save down payments to buy properties.We also talk about how she has invested in different areas for different reasons. Some properties provide better cash flow, and some appreciate more.https://rentalincomepodcast.com/episode514Thanks To Our Sponsors:MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's)Fundrise Flagship Real Estate Fund – Invest in a $1.1 billion real estate portfolio, starting with as little as $10.Ridge Lending Group - Making investment Mortgage process simple and stress-free.

David Sattelmeyer, a proactive landlord from Fayetteville, NC, simplifies the rental property investment journey. He shares his strategies for purchasing attractive single-family homes with just 5% down, focusing on properties that require minimal rehab. David emphasizes the importance of choosing neighborhoods with community pride and discusses the advantages of VA foreclosures. He highlights how maintaining good tenant relations and leveraging professional support can enhance investment success, proving that rental investing can be straightforward and rewarding.

Cory's job transferred him. He knew he would return in a few years and liked his house, so he decided to rent it until he moved back..After a few months, he saw that it wasn't difficult to manage from out of state and liked the cash flow, so he decided to buy more rentals.In this episode, Cory explains how he came up with the money to buy more properties and why he likes using a property manager. We also look at the numbers for one of his deals.https://rentalincomepodcast.com/episode512Thanks To Our Sponsors:MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One.Fundrise Flagship Real Estate Fund – Invest in a $1.1 billion real estate portfolio, starting with as little as $10.Ridge Lending Group – Mention Rental Income Podcast for a $250 credit at closing.

Terry started investing in rentals at 55, and Odest started investing when he was 27.They were both at different stages of their life and had different experiences they brought to the table.On this episode, we figure out their strategies for investing in rentals and see if being older or younger helped or hurt them in their investing.We also discuss if not investing because you are too old or too young is a valid thought or a limiting belief.Thanks To Our Sponsors:Fundrise Flagship Real Estate Fund – Invest in a $1.1 billion real estate portfolio, starting with as little as $10.Ridge Lending Group – Mention Rental Income Podcast for a $250 credit at closing.MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One.https://rentalincomepodcast.com/episode511

When Jim started buying rentals, he decided to buy one a year and put it on a 15-year mortgage.The downside to this strategy is that you have a larger mortgage payment and less cash flow today. The upside is that you build property equity much faster than you would with a 30-year mortgage, and in 15 years, you own your property free and clear.On this episode, Jim shares how he was able to take the equity from one of his properties and buy three properties, and in the process, tripled his cash flow.We also discuss some of the risks of a 15-year mortgage, how much Jim puts down on purchases, and how he has found the properties he purchased.https://rentalincomepodcast.com/episode510Thanks To Our Sponsors:Ridge Lending Group - Financing For Rental Properties.MidSouth HomeBuyers - Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One.Obie Insurance - See if you can save money on landlord insurance.

Occasionally, tenants fall behind on rent. Should we work with them to catch up or proceed with the eviction?On this episode, Derek Morton shares why working with tenants will make investors more profitable.He shares information on how to find charities and grants to help tenants, and under what circumstances he won't work with a tenant.He also shares the number one predictor of whether a tenant will have trouble paying rent and why he doesn't use 3x rent to qualify a tenant's income.https://rentalincomepodcast.com/episode509Thanks To Our Sponsors:Ridge Lending Group - Financing For Rental Properties.MidSouth HomeBuyers - Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One.Obie Insurance - See if you can save money on landlord insurance.

Taxes can be confusing and overwhelming. It's easy to tune it out. Bob Russo is a CPA that works with a lot of investors. Bob thinks it's a good idea for investors to understand the basics of how taxes work so they can ask their CPA more concisely.On this episode, we discuss the deductions every real estate investor should take, strategies for rental property investors to reduce their taxes, and how LLCs affect taxes.https://rentalincomepodcast.com/episode508Thanks To Our Sponsors:Rental Trial - Easily track rental income and expenses. Free 30 day trialRidge Lending Group - Finance your next rental property purchase

George's first deal didn't work out the way he planned.Construction cost more and took longer than planned, mortgage rates went up, and insurance was higher than expected. However, the property still ended up being a great deal. It still cash flows and has been appreciated nicely.In this episode, we review what went wrong and figure out why everything still worked out.We also talk about how George accidentally started investing in real estate when he couldn't sell his primary residence.http://rentalincomepodcast.com/episode507

Squatters saw a rental listing online, broke into the property, and moved in. The investor's Realtor noticed someone occupying the property and called the police.When the police arrived, the squatters presented a fake lease. The police told the Realtor that this was a civil matter and that there was nothing they could do. They would have to take this up in court.On this episode, the investor's attorney, David Metzger, discusses what happened next and how he ultimately removed the squatters from the property.We also discuss a shortcut he devised to speed up the process and steps rental investors can take to prevent this from happening to them.https://rentalincomepodcast.com/episode506

Jefferson built his rental portfolio by buying rental properties out of state.He doesn't care where the property is as long as the numbers make sense and it's in a good area.On this episode, Jefferson shares how he finds deals, researches the area he wants to invest in, and does his due diligence.We also discuss how he has found many of his deals on Facebook and has worked out creative financing to buy properties with little money out of pocket.https://rentalincomepodcast.com/episode505