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ratings:
Length:
56 minutes
Released:
Feb 18, 2019
Format:
Podcast episode

Description

Rental properties can be a great source of passive income but there are a lot of variables. What do you need to know to make sure you buy the right rental properties? Well, doing is the best way to learn anything.We podcasted about rental properties and wrote about rental properties and built a tool to help you find and compare rental properties. Oh, and Andrew and Laura bought 3 rental properties in quick succession.Mistakes have been made and lessons have been learned. Is cash flow the most important determining factor? Do you need to pay a management property? That cuts into your profits after all.Once you have a set of criteria that a house must meet in order to be a good real estate investment, should you change it? If so, when and why? If a tree falls in your front yard in Georgia but you live in Hoboken and don’t hear it, did it really fall?A few years ago LMM went on something of a rental property tangent. We were excited and you all got excited too. But then some big things happened. LMM became a full-time occupation, new sites were built and launched.During that time, we got lots and lots of emails wanting advice on buying rental properties and lots of people requesting an update on how the properties Andrew and Laura bought were doing. Did they regret buying them? Were they planning to buy more?We heard you. So here it is, 3 rental properties and 2.5 years later, we’re spilling the tea.Full Article HereShow NotesRaspberry Blush McKeller and Friends: A delicious sourNew England Style IPA own brewRoofstock - A Marketplace for Turnkey Rental PropertiesSimple Wealth - Research and evaluate rental properties and build a profitable real estate business.Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Feb 18, 2019
Format:
Podcast episode

Titles in the series (100)

Honest and uncensored - this is not your father’s boring finance show. This show brings much needed ACTIONABLE advice to a people who hate being lectured about personal finance from the out-of-touch one percent. Andrew and Matt are relatable, funny, and brash. Their down-to-earth discussions about money are entertaining whether you’re a financial whiz or just starting out. To be a part of the show and get your financial questions answered, send an email to listenmoneymatters@gmail.com.