Rental Income Podcast With Dan Lane

Rental Income Podcast

Inspiring interviews with everyday people that are generating passive income by investing in rental properties. On each episode, we talk to a landlord about how they found and purchased their rental properties, how they financed them, and issues they face with property management, and managing tenants. Make sure you follow the show. A new episode is released every Tuesday.

  1. 3d ago

    The Real Secret To Building Wealth With Rental Properties With Michael Perna (Ep 591)

    Michael Perna has been investing in rental properties since he was 20 years old. But one comment from Gary Keller, President of Keller Williams Realty, completely changed the way Michael thinks about building wealth with real estate. On this episode, Michael shares why he believes time is the most powerful force in real estate investing and why he has decided he will never sell his properties. Instead, he plans to hold them for life and eventually pass them down to future generations. Michael explains why he is willing to buy properties that may not work as traditional long-term rentals today. In some cases, he operates them as short-term rentals until rent growth makes them profitable as long-term rentals. His philosophy is that investors shouldn't obsess over what a property makes in year one or two. They should be looking five, ten, or twenty years into the future. We talk about how Michael got started using FHA loans with just 3.5% down, the wealth he has created through rent growth and appreciation, why he says money is a function of time, and whether cash flow or appreciation matters more. We also break down one of Michael's recent deals, including how he found the property and structured the purchase by taking over the seller's 3.5% interest rate. https://rentalincomepodcast.com/episode591 Thanks To Our Sponsors: Mid South 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. Ridge Lending Group - Ask about the All-In-One loan. A first-position HELOC on rentals.

  2. Aug 25

    The Overlooked Rental Property Most Investors Aren’t Buying With David Switzer (Ep 588)

    When David Switzer first decided he wanted to buy rental properties, he did what a lot of new investors do. He started attending local real estate meetups. But he quickly noticed a problem. Everyone seemed to be looking for the same types of properties, running the same numbers, and struggling to find deals that actually worked. That led David in a completely different direction. Near his home, he came across a small commercial condo for sale. It wasn’t a huge office building or shopping center. In fact, the property cost a fraction of what he would have paid for a single family rental. David realized there was a side of commercial real estate that most small investors weren’t even looking at. On this episode, David shares the pros and cons of owning small commercial properties and how the numbers compare with residential rentals. We talk about how he finds deals, how he screens businesses before renting to them, financing commercial properties, who is responsible for repairs, and some of the strategies that haven’t worked for him. David also shares the problems he has run into along the way and what he has learned from investing in a part of the real estate market that gets far less attention than traditional residential rentals. https://rentalincomepodcast.com/episode588 Thanks To Our Sponsors: Rentec Direct - Automate the day-to-day work and make property management easy. Use promo code RIP to get 10% off your first 6 months. 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.

  3. Aug 18

    His Local Area Got Too Expensive. Here's Where He Found Cash Flow With John Salcedo (Ep 587)

    John Salcedo started investing in rental properties close to home, but as property values, insurance, and taxes climbed, the numbers stopped making sense. Many of the properties he looked at would have generated little or even negative cash flow. Instead of giving up on buying rentals, John changed where he invested. On this episode, John shares how he successfully buys and self-manages rental properties from out of state. We talk about how he finds deals, evaluates properties remotely, handles renovations and turnovers remotely, and fills vacancies without being there in person. John also explains how he finances his rentals and the systems he uses to self-manage from hundreds of miles away. We break down the actual numbers on one of his deals, including the purchase price, rent, mortgage payment, and ongoing expenses. I am running a few minutes late; my previous meeting is running over. John also shares how renovating the property helped him create approximately $100,000 in equity.If you live in an expensive market where rental properties no longer work, this episode shows how looking beyond your local area can open up opportunities for better cash flow and equity growth. https://rentalincomepodcast.com/episode587 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 the day-to-day work and make property management easy. Use promo code RIP to get 10% off your first 6 months.

  4. Jul 28

    Want More Rental Income? Sweat the Small Stuff With Terry Kerr & Matthew Vanhorn (Ep 584)

    The difference between making money and losing money with rental properties often comes down to sweating the small stuff. On this episode, Terry Kerr and Matthew Vanhorn explain why there is no single secret to making a rental property perform well. Instead, success comes from doing dozens of small things consistently, such as pricing rent slightly below market, responding quickly to repair requests, answering tenant calls, and making the property a place tenants want to stay. Terry and Matthew share how they reduce the time it takes to get a property marketed and rented, the steps they take to keep good tenants longer, and why Terry says the name of the game is getting lease renewals. They also offer tips for avoiding nonstop repairs, selecting the right fixtures that save money over time, and handling tenants who fall behind on rent. Matthew explains how they work with tenants to help them get caught up without unnecessarily delaying the eviction process. We also talk about shopping for insurance, comparing apples-to-apples quotes, choosing the right deductible, and why investors should consider more than just the lowest premium when selecting coverage. https://midsouthhomebuyers.com 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 the day-to-day work and make property management easy. Use promo code RIP to get 10% off your first 6 months.

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Inspiring interviews with everyday people that are generating passive income by investing in rental properties. On each episode, we talk to a landlord about how they found and purchased their rental properties, how they financed them, and issues they face with property management, and managing tenants. Make sure you follow the show. A new episode is released every Tuesday.

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