Rental Income Podcast With Dan Lane

Investing in rental properties isn't as easy as it was a few years ago. Mortgage rates are higher, property taxes are rising, and insurance costs continue to increase.

But Matthew Martinez isn't letting these challenges stop him from buying rental properties.

On this episode, Matthew shares how he's finding deals that make sense in today's market, including a recent purchase for just $52,000. The property was rent-ready, had a tenant already in place, and generates $1,000 a month in rental income.

We dig into Matthew's strategy for investing for cash flow and appreciation, and what he looks for in a property.

Matthew also explains how he's financing his purchases, budgeting for expenses, finding opportunities, and identifying motivated sellers.

Plus, we examine a property he decided not to buy and why he couldn't reach an agreement with the seller.

https://rentalincomepodcast.com/episode598

Thanks To Our Sponsors:

Ridge Lending Group - Ask about the All-In-One loan. A first-position HELOC on rentals.

MidSouth HomeBuyers – Turnkey Rentals In Memphis, Little Rock, and Dallas. Instant Cash Flow On Day One.

PadSplit - Earn 2.5X more rental income with PadSplit's shared housing model.

Ed Peugh has been buying rental properties for years, but lately he's found it harder to find traditional rentals that generate good cash flow.

Instead of sitting on the sidelines, Ed started using a co-living strategy, renting individual bedrooms to tenants rather than renting out an entire house to one family. The strategy has allowed him to keep buying properties and generate about 50% more rental income than he would with traditional rentals.

On this episode, Ed shares how his co-living strategy works, how he finds and screens tenants, and why you don't need a huge house to make the numbers work.

We talk about whether there is an ideal number of bedrooms, how he furnishes his properties, the types of tenants he attracts, how long they typically stay, and how he manages everything.

Ed also explains some unexpected benefits of co-living, including lower vacancy losses, reduced turnover costs, and easier access for his maintenance team.

We look at the actual numbers from one of his properties, including rental income, expenses, and cash flow, and compare what he's earning with what the same house would generate as a traditional rental.

https://rentalincomepodcast.com/episode597

Thanks To Our Sponsors:

Rentec Direct - Automate rental management for $25/month. (Promo Code: RIP for 10% off for 6 months)

Mid South Home Buyers – Turnkey Rentals In Memphis, Little Rock, and Dallas. Instant Cash Flow On Day One. Ask about the 5-5-5 program. (Rates in the 5’s and 5% management fee).

Ridge Lending Group - Ask about the All-In-One loan. A first-position HELOC on rentals.

Is it better to use debt to buy more rental properties or pay off your mortgages and enjoy the cash flow?

Curtis McClelland recently heard a guest on the Rental Income Podcast talk about the benefits of using debt to build a rental portfolio. Curtis sees things differently. After a few tough months when cash flow was tight, he now believes there's a big advantage to owning rental properties free and clear.

On this episode, Curtis shares some of the financial challenges he's faced as a landlord, how he got through them, and the strategies he's using to pay off his mortgages.

We also talk about why Curtis regrets investing in condos. He shares how his condo association forced him to stop offering mid-term rentals, along with the challenges of rising condo fees and unexpected special assessments.

Curtis explains how he's pivoted his investing strategy, what types of properties he's buying today, and why he's more cautious about financing, especially commercial loans.

We also take a detailed look at his rental numbers, including total rent collected, mortgage payments, operating expenses, and actual cash flow.

Curtis also shares how he keeps vacancies low and why his ultimate goal is to own his rentals without debt.

https://rentalincomepodcast.com/episode596

Thanks To Our Sponsors:

PadSplit - Earn 2.5X more rental income with PadSplit's shared housing model.

Ridge Lending Group - Ask about the All-In-One loan. A first-position HELOC on rentals.
 
Rentec Direct - Automate rental management for $25/month. (Promo Code: RIP for 10% off for 6 months)

What if the rental properties with the highest cash flow aren't actually the ones that make you the most money?

On this episode, Kyle McCaw, a rental property investor and property manager, explains why investors shouldn't focus exclusively on monthly cash flow. While cash flow is important, Kyle believes the real money in rental investing often comes from owning well-maintained properties in good neighborhoods that attract long-term tenants.

Kyle learned this lesson the hard way. His first rentals were high cash flow properties in rough neighborhoods. They generated monthly income, but they also came with a lot of headaches. When Kyle eventually sold those properties, he walked away with a substantial profit. He used a 1031 tax-deferred exchange to reinvest that money into better properties in better neighborhoods.

Today, Kyle owns a portfolio of solid rental properties that are easier to manage, generate good returns, and have very little tenant turnover.

We talk about how Kyle made money on his original rentals, why he believes better properties can generate more wealth over time, and his secret to finding tenants who stay for years.

We also discuss what Kyle does with his monthly cash flow and his plan to use his rental income to pay for his kids' college education.

https://rentalincomepodcast.com/episode595

Thanks To Our Sponsors:

Ridge Lending Group - Ask about the All-In-One loan. A first-position HELOC on rentals.

Mid South HomeBuyers – Turnkey Rentals In Memphis, Little Rock, and Dallas. Instant Cash Flow On Day One. Ask about the 5-5-5 program. (Rates in the 5’s and 5% management fee).

PadSplit - Earn 2.5X more rental income with PadSplit's shared housing model.

Most rental property investors look for existing homes to buy. Howard Jacobson takes a different approach. He builds them.

On this episode, Howard explains why building new rental properties can be more profitable than buying existing homes. He shares how new properties can rent faster, attract better tenants, require very little maintenance, and create significant equity from day one.

We talk about what Howard looks for when buying land, what makes a good building lot, and the type of rental properties he likes to build, including the ideal number of bedrooms and bathrooms. Howard walks us through the building process and explains why you don’t need to be a construction expert to do what he does. He says the business is much more about managing contractors and managing money than actually knowing how to build a house.

Howard also shares how much equity he typically creates when he builds a property, how he finances construction without putting a lot of his own money into the deal, and some of the challenges that come with building smaller, affordable homes.

We also talk about how Howard handles repairs when they eventually come up and why he believes building rental properties is something almost any investor can learn to do.

https://rentalincomepodcast.com/episode594

Thanks To Our Sponsors:

Mid South HomeBuyers – Turnkey Rentals In Memphis, Little Rock, and Dallas. Instant Cash Flow On Day One. Ask about the 5-5-5 program. (Rates in the 5’s and 5% management fee).

PadSplit – Earn 2.5X more rental income with PadSplit’s shared housing model.

Ridge Lending Group – Ask about the All-In-One loan. A first-position HELOC on rentals.