Bob started buying rentals three years ago. After building his portfolio to 33 doors, he realized that his properties had appreciated a ton, and he wanted to cash out and capture his equity.

Six months later, he realized he made a mistake by selling and started repurchasing rentals.

On this episode, we talk about how Bob sold his portfolio, why he decided to start investing in a different area, and what he's buying today. We also see how things worked out for him tax-wise by selling his portfolio.

https://rentalincomepodcast.com/episode517

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A one-month security deposit works great if your tenant pays rent and doesn't cause much damage. But if your tenant doesn't pay or causes a lot of damage, you could be out thousands of dollars.

On this episode, Frank Jachetta explains how TheGuarantors removes this risk from the landlord with an insurance policy.

We discuss how this unique policy works and the difference between rent coverage and landlord insurance, and Dan Lane shares how much his tenants have paid for coverage on his properties.

https://www.theguarantors.com

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Pat started buying rentals by house-hacking a 4-unit building while working as a server at the Olive Garden. He was living free and profiting several hundred dollars a month.

After seeing that everything was working out, he bought more rentals using the BRRRR strategy.

As he grew his portfolio, he found it was getting easier. He just kept buying more properties.

On this episode, Pat shares what a perfect rental looks like, why he doesn't like 30-year mortgages, and how he financed his portfolio.

We also look at Pat's numbers and figure out how he is earning over $1 million a year in rental income.

https://rentalincomepodcast.com/episode516

Thanks To Our Sponsors:

Ridge Lending Group - Making investment Mortgage process simple and stress-free.

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.

Christopher built his rental portfolio without having to save cash for down payments.

His primary house appreciated, he took that equity and put it to work by using it as down payments to buy rentals.

One of his rentals appreciated over a period of a few years. He sold that property and used the equity to buy a better property.

On this episode, we walk through how he built his portfolio without having to come up with any cash.  

https://rentalincomepodcast.com/episode515

Thanks 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.

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/episode514

Thanks 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 thinks investing in rental properties doesn't have to be complicated or stressful. 
He said if he can do it, anyone can do it.

He's been buying nice single-family homes in good neighborhoods. Most of his properties don't need any rehab work. Just a good cleaning.

On this episode, David shares more about what he is looking for in a rental property and how he's been buying them with only 5% down.


https://rentalincomepodcast.com/episode513

Thanks To Our Sponsors:

Ridge Lending Group Making investment Mortgage process simple and stress free.

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.

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/episode512

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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/episode510

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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/episode509

Thanks 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/episode508

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