Adam tells us how he started buying rentals in a lower end neighborhood. The numbers looked great on paper, but after three evictions in a year and a half, he decided it wasn't worth the hassle.
Adam also talks about how he shifted to a different neighborhood and is getting good returns with a lot less hassle.
Dana set a goal that she wanted to buy 20 rentals by the time she was 30. On this episode, we talk about how she got started, how she finances her properties by saving up down payments and using traditional bank financing, and how she manages her rentals while working full-time.
Alec and Angela talk about a 3 unit house they purchased that provides enough income that Angela was able to quit her job to pursue her true passion. This one property brings in almost $60,000 in rental income
Marcus talks about how he developed a relationship with a community bank that brings him really good off market deals, and helps him with financing too. He also talks about how he self manages his out of town rental portfolio from 2,500 miles away.
Andrew shares the best websites to advertise rentals, and the website he avoids. He shares the minimum criteria to rent from him, and we also go over an actual application for someone that recently applied to rent one of his properties.
Fleming talks about how he started buying rentals in his 20's, and by the time he was 41 he had enough rental income to retire. We talk about the numbers, financing, and setting money aside for repairs.
Amy's dad owned rentals when she was a kid. When she became an adult she decided that she wanted to own rentals. On this episode we talk about how she learned the business by managing one of his properties, and she tells the story of how she bought her first rental.
Nabeel talks about how he started building his portfolio in the early 2000's and sold everything before the market crashed. He started buying rentals again in the last year and a half. On this episode we talk about how he has been growing and financing his portfolio.
Mike shares how he is building a rental portfolio that has enabled him to cut back his hours at his job. We talk about the numbers he looks for in a rental purchase, how he gets above market rent, and how he gets tenants to stay with him for long periods of time.
Wilson talks about his property that he rents out to students near a University. After all expenses this property nets him $1,800 a month. We talk about how he got started, financing, and how he manages the property
Paul talks about building a rental portfolio that is totally passive. He talks about what he looks for in a potential purchase, how he stays out of the day to day management. We also talk about how he avoids risk and financing.
Kathy shares her story of buying and self managing rental properties across the country. She talks about how she found the properties, how she deals with showings, inspections, and repairs with out being in the same area.
Scott shares how he built a large portfolio without bank financing. He talks about how he used the cash flow he was getting from one rental to buy another. He has used this strategy to buy over 100 rentals.
Drew talks about how he has been building his portfolio not to provide him with cash flow today, but to provide him cash flow during retirement. He also talks about how he is teaching his son about real estate, and how he recently helped his son by his first rental.
A commercial banker talks about how community banks can help investors grow their portfolios. We talk about what they are looking at when they are deciding if they are going to make a loan, how investors can build relationships with banks, and some of the costs involved.
Paul started buying rentals two years ago, and in that time he has acquired 22 rentals without bank financing. On this episode we talk about how he raises money from regular people that have some money to invest. He shares with us where he finds investors and what he says to them.
Rich shares how he's finding great cash flowing rentals in a market that most investors say you can't find deals. He also shares how he manages contractors, the incentive he gives his tenants to get them on ACH payments, and he also shares how he helps other investors do the BRRR strategy.