Pam has been investing in rental properties for 40 years, and also owns a property management company that manages over 1,000 rentals for other investors. Through that experience, she has figured out exactly what makes a profitable and low-hassle rental property. In this episode, she shares exactly what she's looking for when she buys a rental property. We also talk about some of the big mistakes that she sees investors make.
Mar 03, 2020•22 min
Section 8 and other rental subsidy programs can be a great way for landlords to receive guaranteed rent payments every month. But, there are some potential negative things to be aware of. On this episode, Rich Hudec, and investor who owns Section 8 properties, shares the good and bad of Section 8.
Feb 25, 2020•27 min
Chase wanted to start buying rentals, but he didn't have much money. The only rentals he could afford were really cheap rentals in a bad neighborhood. The returns looked great on paper, but a lot of investors have trouble getting this type of property to preform because they tend to have more tenant turnover and higher maintenance costs. On this episode, we find out how Chase's investment worked out, what he learned.
Feb 18, 2020•25 min
Chris has a full-time job, a wife, young kids, but he has somehow found time to buy a portfolio of cash-flowing rental properties. On this episode, we talk about how he built his portfolio, how he financed his rentals, and how he has automated the management of his rentals.
Feb 11, 2020•26 min
Jim has always been interested in buying rentals, but he never had the time to do it. After getting laid off in his 50's he needed to figure out how he was going to support his family. He decided it was time to start buying rentals. Jim didn't need a build a huge rental portfolio. He bought a few properties over a few years, and today he lives off his rental income. On this episode, he tells us how he did it, and the numbers behind his portfolio.
Feb 04, 2020•20 min
Brad had a ton of consumer debt. He followed Dave Ramsey's baby steps to pay everything off. Once he was debt-free, he decided that he was never going to borrow any money ever again. On this episode, Brad talks about how he only will invest in a rental if he has the cash to buy it outright We talk about why he thinks investing without debt is the best way to go, how he saved the cash, and how he has been using the cash that his rentals generate to buy more rentals.
Jan 28, 2020•23 min
Michael lives in a high cost and high tax area. This makes it very difficult to invest in rentals - but not impossible. In this episode, Michael talks about some of the challenges he has faced with investing and how he has been able to make things work. He also shares the type of properties that make the most sense in his area, and the challenges he has faced as he has rehabbed properties and managing his tenants.
Jan 21, 2020•21 min
Isaac had a plan to buy rentals in neighborhoods that were close to hot neighborhoods that have seen a lot of appreciation. After a few years of buying rentals, his bet paid off and his properties have appreciated. He decided that now was a good time to sell half of his rental portfolio. On this episode, we talk about how he decided it was time to sell, how he sold, and look at the numbers of one of his recent sales.
Jan 14, 2020•23 min
Chris had no money and no credit when he started buying rentals. He formed a partnership to buy rentals and he created a lot of equity with his partners. At some point, his partners wanted to cash out an sell the portfolio. Chris walked away with a pretty big check, but made a bad investment and lost everything. We talk about what Chris learned and how he was able to build a better portfolio when he had to start over from scratch.
Jan 07, 2020•24 min
On this episode we look back at some of the best landlord tips and advice from 2019. We talk about: How To Easily Self-Manage Rentals 2 Ways To Save For A Down Payment A Smart Way To Rehab Rentals How To Find High-Quality Tenants Why Your Numbers Don't Have To Be 100% Exact How To Pay Off Mortgages Quickly
Dec 31, 2019•23 min
Monie had a ton of debt, got divorced, and lost her job all at the same time. As soon as she got back on her feet, she decided that she was never going to rely on only one source of income again. She decided to buy rentals to have an additional source of income. On this episode, we talk about how she did it.
Dec 24, 2019•21 min
Jared is building a diversified rental portfolio. He has some rentals in a growing area where properties are appreciating at a pretty good rate. He also owns out-of-state properties in an area that isn't appreciating as quickly but produces great cash flow. When you put everything together, you get a diversified portfolio that is appreciating and producing monthly cash flow.
Dec 17, 2019•22 min
Chris shares his strategy to own 15 properties free and clear. We talk about how he's paying them off, and why he wants to pay them off quickly vs owning them with mortgages. Chris also shares how he bought his first property with no money, and his second with a small down payment. We also talk about mistakes he's made with tenant screening, and why he likes regular rentals better than Airbnb.
Dec 10, 2019•22 min
Eric has bought multiple rentals in other parts of the country, without seeing them in person. On this episode, we talk about how he researched good areas to invest in, found the best neighborhoods, and found properties to invest in. We also talk about how he manages the rentals without physically being in the same city.
Dec 03, 2019•23 min
Corey shares her slow and steady plan to buy rentals on this episode. She talks about how she has bought houses to live in, and as she outgrew the houses she would rent them out, and buy a new house to live in. We also talk about her numbers, the mistakes that she has made along the way, and how she has paid off a mortgage with just a little bit of discipline.
Nov 26, 2019•20 min
Leon read a lot of books and followed the advice of a lot of the big real estate gurus. Their advice worked until the market crashed in 2008. After the market crash, he lost several properties and ended up declaring bankruptcy. The good thing that came out of that experience is that he learned how to protect his portfolio and his rental income from the next recession. On this episode, we talk about how Leon has built a bulletproof rental portfolio.
Nov 19, 2019•22 min
Caeli shares details on the lending options to buy a rental property, and what you need to do to qualify for a loan. For more information, contact Caeli: ridgelendinggroup.com 855-74-RIDGE (855-747-4343) info@ridgelendinggroup.com
Nov 14, 2019•32 min
Grayson and Danielle are able to live for free because the rent from the three tenants in their 4-plex more than covers the mortgage. They also own another 4-plex and a single-family home that generates enough income that Danielle was able to leave her job. On this episode, we talk about the creative way that they found their properties, how they financed them, and how they generated some quick cash for a down payment.
Nov 12, 2019•25 min
Darren shares exactly how he has built his portfolio using the BRRRR strategy. He shares the steps that he took to line up the financing to build his portfolio He also tells us the two things that you want to make sure you spend money on when you are fixing up a property, and he does not spend money on. We talk about what he is looking for in a potential deal, and how he finds them.
Nov 05, 2019•23 min
Jennifer was staying at home with her daughter and didn't want to go back to work. She figured out that if she could buy rental properties that generated passive income, she could earn enough money without having to work full-time. On this episode, we talk about how she has automated her business to the point where it doesn't require too much of her time.
Oct 29, 2019•24 min
Kevin shares some inexpensive things that he does with his rentals to get higer rent. He also shares what he did to tenant proof his rentals to reduce his maintenance and turnover costs, and some of the ways that he has outsourced the management of his rentals without hiring a property manager.
Oct 22, 2019•24 min
There are lots of little things that investors can do to make their rental properties more profitable. Mike is an investor and a property manager, and on this episode he shares several tips to make your rentals more profitable.
Oct 15, 2019•26 min
Rennie was broke and had no retirement plan at 50. He found a partner and started buying rentals with the hope of generating some money so that he could retire someday. His plan worked and today he is lives off his rental income. On this episode we talk about how he did it.
Oct 08, 2019•21 min
On this episode we talk about the types of properties Randy has found make the best rentals, and what he is currently looking to buy. In all the years Randy has been investing, and after renting to thousands of tenants, he's never had to evict a tenant. We talk about his secret to only having good tenants. We also talk about how he screened and how he manages his property managers. He also offers advice on how you can survive and grow during the next recession.
Oct 01, 2019•24 min
It can be tough to make money renting condos because the condo fees usually eat away the profit. But, my guest today has figured out how to make money renting condos. He has built his porfolio only buying condos. On this episode he shares how he profits $7,000 a year on average on each condo he rents out.
Sep 24, 2019•22 min
Rob owns some rentals that on paper should have made him a really good return. But, they haven't performed as he had hoped. He's just broken even on them. He has another group of rentals that shold have made an average return on paper, but they have ended up made him a millionaire. On this episode, we talk about what went wrong with the first portfolio, and why things work out so great on the second portfolio.
Sep 17, 2019•29 min
Brad talks about his strategy of buying rentals, keeping them for 5 years, and then selling them for a profit. We also go over his system that makes it really easy for him to manage his rentals while working full-time.
Sep 10, 2019•24 min
Marlon shares how he got started investing a year ago, and now makes about $2,300 a month in rental income. We talk about how saved the money to get started. We also talk about how he manages his rentals, while working a full-time job.
Sep 03, 2019•25 min
Kayla shares where she looks for off-market deals, how she markets to them, and what she says to them to convince them to see their property to her. She also shares how she is able to finance properties at 0% interest.
Aug 27, 2019•19 min
Steve shares his get rich slow plan that enabled him to quit his corporate job and live off rental income. We talk about how he got started, and how he slowly built his rental portfolio by buying rental properties with cash. We talk about how he is generating big chunks of cash that enable him to continue to buy more rental properties.
Aug 20, 2019•27 min
