Should You Rent To People With Bad Credit? With Zach McCrite (EP 29

FromRental Income Podcast With Dan Lane

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Should You Rent To People With Bad Credit? With Zach McCrite (EP 29

FromRental Income Podcast With Dan Lane

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Length:

20 minutes

Released:

Mar 31, 2015

Format:

Podcast episode

Description

Screening tenants is the #1 most important thing that any landlord can do. But should you rent to applicants with bad credit. Today we talk to Zach McCrite about his experience

Released:

Mar 31, 2015

Format:

Podcast episode

Titles in the series (100)

interviews with landlords about how they generate passive income by investing in real estate.

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Setting Up Systems To Make Managing Rentals Easy With Jonathan Rivera (Ep 13): Managing rental properties doesn't have to be a nightmare. My guest today has set up systems to make managing his rentals really easy. Jonathan also has a really inspiring story. He wasn't happy at his job, so he quit and got into real... by Rental Income Podcast With Dan Lane
16 min listen
What To Do When You Can't Find A Good Deal With Nick Polce (Ep 25): I want to buy another rental property, but I just can't find a good deal in my market. Nick Polce is an investor that lives in the same market as me, and he it having no problem finding deals. On this episode he tells us how he is doing it. by Rental Income Podcast With Dan Lane
18 min listen
Turning A Primary Home Into A Rental With Chris Colgan* (Ep 8): Moving up to a new home, and turning your old home into a rental can be a great way to get started owning rental properties. That is exactly how Chris Colgan got his start owning rental properties. Chris thinks that the first purchase anybody... by Rental Income Podcast With Dan Lane
17 min listen
From 0 To 43 Rentals With Patti Robertson (Ep 3): Today we talk to Patti Robertson, Patti talks about how she owns and manages 43 of her own properties and manages over 100 properties for other people with her property management company Staff Of Property Management Company: Property Manager (FT)... by Rental Income Podcast With Dan Lane
24 min listen
Managing 20 Rentals On The Side Without A Property Manager With Sheila Konecke (ep 6): How to manager 20 properties on the side without a property manager. Sheila Konecke's main business is flipping houses. She flips about 3 houses a month. But, she manages to find time to manage 20 rentals on the side without a... by Rental Income Podcast With Dan Lane
21 min listen
How To Get Started Investing In Real Estate Investing With No Training Or Experience (Ep 02): Turning a primary residence into a rental is what Jack did. Today he tells the stpry of how his family grew out of their house, and he turned it into a rental, instead of selling it. Jack is making a small profit each month, and building... by Rental Income Podcast With Dan Lane
15 min listen
Q&A Show: Rental Property Questions Answered by Steve Elliff: Q&A show. I ask listener questions to Steve Elliff, a successful rental property owner. If you have a question to ask on a future show, email me: dan@rentalincomepodcast.com by Rental Income Podcast With Dan Lane
16 min listen
How To Buy Properties for $400 With David Sexuer (Ep 10): It is possible to buy houses for as little as $400, just ask David Sexauer He got his start buying properties from The Surplus list, where properties are sold for as little as $1. His first batch of homes he paid $400 for each one. ... by Rental Income Podcast With Dan Lane
16 min listen
Accidental Landlord With Nicole Ratner (Ep 11): Sometimes life changes, and you need to move. This is what happened to Nicole Ratner, she bought a condo that worked great when she was single, but when she got married the condo didn't work so great anymore. On this episode, Nicole talks about... by Rental Income Podcast With Dan Lane
17 min listen
How To Be An Absentee Landlord Without A Property Manager With Tim Hennessey (ep 05): It is possible to own rental properties in a different city than you live in, and not have a property manager. Tim Hennessey is proof of that. Tim owns 7 rental properties. He owns 4 in Florida, and 3 in Illinois (where he... by Rental Income Podcast With Dan Lane
18 min listen
From Laid Off To Full-Time Rental Property Owner With Steve Elliff (Ep 16): Getting laid off two days into a new job, made Steve decide he never wanted to rely on somebody else for a paycheck. He started buying rental properties. Today he lives off his rental income. For Show Notes:... by Rental Income Podcast With Dan Lane
20 min listen
Building A Rental Portfolio With Partners. David Granzella (Ep 40): We talk about how to build a portfolio using partners, how to raise rent when the lease is up, how David makes sure he gets rent paid on the 1st, and how to finance a rental by Rental Income Podcast With Dan Lane
21 min listen
How To Live For Free With Airbnb and Rochelle Short (Ep 15): Airbnb is a great way to rent out rooms by the night, and generate rental income. Rochelle Short rents out two rooms in her townhouse, and makes enough money to cover her mortgage, utilities, and all of her expenses. On this episode she... by Rental Income Podcast With Dan Lane
20 min listen
Are Turnkey Rentals A Good Deal? With Ali Boone (Ep 21): Turnkey Rentals are rental properties that an investor would buy that are already fixed up, and rented out. Today we talk to Ali, who buys out of state turnkey rentals. Her property manager handles all of the day to day management. The... by Rental Income Podcast With Dan Lane
23 min listen
Renting Out Trailers. How Luke Kohne Retired At 30 (Ep 24): My guest today has found a real interesting niche. He rents out and flips trailers. The cost is really low to buy a trailer, and the cash flow is pretty good. Luke has built up a big enough portfolio over the last 5 years, that he... by Rental Income Podcast With Dan Lane
25 min listen
Buying and losing 100 Properties With Jim Adams (Ep 9): Every real estate investing story doesn't have a good ending. Jim Adams is proof of that. Jim built an empire overnight. He found an estate sale that included 70 rentals for his first purchase. He than purchased another 30... by Rental Income Podcast With Dan Lane
22 min listen
How To Own 10 Rentals And Not Be Involved At All With Justin Williams (Ep 04): Today Justin Williams talks about how he owns 10 rental units, and is not involved at all. He hasn’t even seen some of the properties. He also talks about how he has his house flipping set up to flip 120 houses a week, with him only... by Rental Income Podcast With Dan Lane
24 min listen
Leverage Is Bad. Use Cash To Buy Rentals With Lisa Cummings (Ep 14): Lisa doesn't like having loans on her rentals. She knows that she could make more money by using leverage. But, the risk isn't worth it to her. She worked hard to get what she has and doesn't want a down market cycle to take it all... by Rental Income Podcast With Dan Lane
22 min listen
What Is The Rental Income Podcast? (ep 01): This is an intro to The Rental Income Podcast. http://www.RentalIncomePodcast.com by Rental Income Podcast With Dan Lane
3 min listen
Creative Financing: Buying Rentals With No Money Or Credit With Lori Dawson (ep 27): Trying to come up with the money to buy a rental property holds back a lot of people. Today on the show, I talk to Lori Dawson who has been buying rentals using none of her own money or credit. Today she shares how she does it. by Rental Income Podcast With Dan Lane
20 min listen
Section 8 And Low Income Real Estate With Larry Myer (Ep 19): Section 8 and low income real estate investing can bring in a lot of cash flow. On today's episode we talk to Larry Myer, about his experience. by Rental Income Podcast With Dan Lane
18 min listen
Buying Fourplex Rentals For Multiple Income Streams With Jay Schwichtenberg (Ep 18): Fourplex properties are a great way to have multiple income streams from one property. Today we talk to Jay, about how he got started and his experience owning fourplex properties. by Rental Income Podcast With Dan Lane
15 min listen
How To Leave Your Job And Live Off Rental Income With Carl Schiovone (Ep 12): Carl figured out one day how many rentals he would need to own to leave his job, and live off his rental income. On this episode he tells us how he did it, and what he has learned. Keys To Success: * Leverage relations with others to find... by Rental Income Podcast With Dan Lane
17 min listen
How Landlords of 40 Years Have Had Just A Few Evictions With Skip and Mary Saylor (ep 7): How to pick the right tenants, to minimize evictions. Skip and Mary Saylor talk about the lessons they have learned from 40 years of owning rental properties. They have rented a lot of properties, to a lot of different people over the... by Rental Income Podcast With Dan Lane
19 min listen
Should You Rent To People With Bad Credit? With Zach McCrite (EP 29: Screening tenants is the #1 most important thing that any landlord can do. But should you rent to applicants with bad credit. Today we talk to Zach McCrite about his experience by Rental Income Podcast With Dan Lane
20 min listen
Top 5 Pitfalls That Can Get A Rental Property Owner In Trouble With John Malatesta (Ep 22): Property Manager John Malatesta shares the Top 5 pitfalls that can get rental property owners in trouble. by Rental Income Podcast With Dan Lane
19 min listen
How An Investor Is Building A Portfolio Of Turnkey Rentals With Kevin Purser (Ep 77): Kevin talks about how he was not able to find cash flowing properties where he lived, so he started looking in other markets. He shares his experience of buying rentals that are fully rehabbed, and already have tenants in place. by Rental Income Podcast With Dan Lane
20 min listen
Buying A Property In Bad Shape And Fixing It Up With Jeff Steinmann (Ep 34): Jeff found a really good deal on a run down and neglected property. On this episode he tells us how he got rid of his tenants, fixed up the property and was able to increase the rent and turn it into a really good cash flowing rental. 7 Things I... by Rental Income Podcast With Dan Lane
19 min listen
How To Find an "Investor Friendly" Realtor With Laurie Sheinkopf (Ep 54): Laurie is a Realtor that owns 9 rental properties. Today she shares how to find an investor friendly Realtor. She also shares the best part of the market to invest in, what to look for in a rental, as well as the recent success that she has had with... by Rental Income Podcast With Dan Lane
20 min listen
How To Reduce Tenant Turnover With Rob Chevez (Ep 23): Reducing tenant turnover is a great way to make your rental properties more profitable. Rob Chevez has had very little turnover in his rentals. On the show today we talk about how he attracts and keeps his tenants for long periods of time.... by Rental Income Podcast With Dan Lane
24 min listen

More Episodes from Rental Income Podcast With Dan Lane

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Buying Vacation Rentals, Staying For Free & Selling For A Big Profit With Jacki Tate (Ep 468): Jacki talks about her strategy of buying a property that she wants to use on vacation for a few years. She generates income by renting it when she's not there. After a few years, she's ready to go somewhere new. She'll sell the property for a profit,... by Rental Income Podcast With Dan Lane
26 min listen
How He's Financing Rentals With Partners With Dave Spooner (Ep 467): Join us as we explore the ins and outs of financing, legal structures, and the advantages and disadvantages of buying rentals with partners. On this episode, we talk about their decision to operate under an LLC or as individuals to build their... by Rental Income Podcast With Dan Lane
27 min listen
This Podcast Helped Him Go From $0 To Over $20K/Month In Rental Income With Chase Bauer (Ep 466): A few years ago, Chase was listening to the Rental Income Podcast, trying to figure out how to get started investing in rentals. After hearing dozens of stories from investors who had been successful in investing in real estate, he felt ready to buy... by Rental Income Podcast With Dan Lane
23 min listen
He Bought A Home Run Rental Property (It Turned Out To Be A Disaster) With Mike O'Connor (Ep 465): Mike bought a rental property that looked like an incredible deal on paper, but it turned out to be a really bad investment. Mike ran into problem after problem. The maintenance costs were higher than he projected, tenants were constantly turning... by Rental Income Podcast With Dan Lane
21 min listen
How He Doubled His Cash Flow With Morgan Ehrenzeller (Ep 464): Morgan shares how he was able to get double the returns by buying properties two hours away. Once he saw that he didn't need to live close to his properties, he packed up and moved 1,000 miles away. On this episode, Morgan shares how he was able to... by Rental Income Podcast With Dan Lane
23 min listen
Tearing Down An Old House And Building An Apartment Building With Mitch Roschelle (Ep 463): Mitch shares his unique strategy of buying run-down properties, tearing them down, and replacing them with 8-unit apartment buildings. We talk about why he likes to tear down properties vs buy vacant land. Mitch also shares the lot size and age of... by Rental Income Podcast With Dan Lane
22 min listen
Don't Let Fear Stop You From Buying Rentals With Tony Cook (Ep 462): Tony shares that he wanted to buy rentals for 5 - 7 years, but fear and his relationship with money held him back. Tony finally bought his first rental two years ago, and today his portfolio consists of 9 rentals. On this episode, we talk about how... by Rental Income Podcast With Dan Lane
22 min listen
How He Protects His Rental Income From A Market Downturn With Peter Stewart (Ep 461): Peter shares his strategy of owning properties in different areas so that if the economy in one area starts doing badly, his other properties in other areas can pick up the slack. He has purchased in 4 different areas using different strategies. Some... by Rental Income Podcast With Dan Lane
23 min listen
From $75K In Debt To $68K/Month In Rental Income With Steven Andrews (Ep 460): Steven had no money, and a negative networth when he started buying rentals. On this episode, he shares how he got started and built his rental portfolio. We talk about: - How he got the money to buy his rentals - How powerful time is in building... by Rental Income Podcast With Dan Lane
22 min listen
Trading Up From Junky Rentals To Better Rentals With Brandon Penn (Ep 459): Brandon didn't have a lot of money when he started buying rentals. He got started buying what he could afford - old, run-down properties. He fixed them up, and raised the rent. Doing this created a ton of equity. Today, Brandon is in the process of... by Rental Income Podcast With Dan Lane
22 min listen
The Two Simple Things He Did To Build Wealth With Rental Properties With Joel Miller (Ep 458): Joel has been buying rental properties for over 45 years, and on this episode, he shares two timeless things he did to build substantial wealth with his rental properties. Joel also shares insight into how he thinks about money and how he built his... by Rental Income Podcast With Dan Lane
28 min listen
Rentals Are The Ultimate Get Rich Slow Plan With David Maher (Ep 457): David shares how he's been able to substantally grow his cash flow and build wealth by making sure he raises rent every year. We talk about how much he targets to raise rent, how he notifies tenants about the increase, and how long before the end of... by Rental Income Podcast With Dan Lane
27 min listen
Prices Were Too High Locally - Here's Where He Found Better Cash Flow With Joe Facenda (Ep 456): Joe lives in an area that historically has seen great appreciation, but cash flow is very hard to come by. He decided to invest in good areas that had much cheaper properties, that produced better cash flow. On this episode, we talk about if Joe... by Rental Income Podcast With Dan Lane
24 min listen
He Cracked The Code To Making A Fortune With Rental Properties With Ben Scott (Ep 455): Ben is a Realtor, Property Manager, and owns rentals in his personal portfolio. On this episode, he shares the types of properties that have worked out best for him and the investors he works with. We talk about the best type of neighborhoods to buy... by Rental Income Podcast With Dan Lane
25 min listen
How Much Money She Makes With A Mid term rentals with Shayla Twit (Ep 454): Shayla bought rental properties 15 years ago. They ended up being cash flow negative, and she eventally ended up losing them. Recently Shayla decided that she wanted to get back into real estate investing, and wanted to buy a property that was going... by Rental Income Podcast With Dan Lane
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How To Protect Your Rentals from Liability and Lawsuits With Jeff Rickerman (Ep 453): Jeff shares how he protects his rental portfolio from liability and lawsuits. Some of the topics we talk about are: - Why investors should consider owning in an LLC - How to operate your LLC to minimize your chances of a judge invalidating it in... by Rental Income Podcast With Dan Lane
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From Broke To $8K A Month In Rental Income With Josh Poitras (Ep 452): Josh shares how he went from having no money and renting a room in a basement to profiting over $8,000 a month from his rentals. On this episode, we walk step-by-step through how he built his rental portfolio. We talk about the types of properties... by Rental Income Podcast With Dan Lane
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He Lost $36,000 Buying Rentals - Let's Figure Out What Went Wrong With Aaron Logan (Ep 451): Aaron bought a portfolio of 7 out of state properties from a turnkey company. The properties were supposed to cash flow on day one, but it didn't work out that way. Aaron faced huge repair bills, evictions, and trouble renting his properties. The... by Rental Income Podcast With Dan Lane
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Creating Generational Wealth With Rentals With Debbi DiMaggio (Ep 450): Debbi talks about how her father started buying rentals over 50 years ago, and how that has created generational wealth for her family. We talk about what he bought, how he financed his properties, and where he got the down payment money from. Debbi... by Rental Income Podcast With Dan Lane
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Best Landlord Interviews Of 2023 (Ep 449): On this episode we take a look back at some of Dan's favorite moments from 2023. We hear from 4 investors: * Scott talks about making $30K a month from his rentals (Episode 430) * Marky bought a duplex and later found out it wasn't legal (Episode... by Rental Income Podcast With Dan Lane
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He Found Financial Independence By Buying Rentals With Farris Gosea (Ep 448): Farris shares his journey from being a brand new investor to reaching financial independence in just a few years. We talk about the kind of neighborhoods he's buying in, why he likes buying properties that are rent ready, and where he got the money... by Rental Income Podcast With Dan Lane
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How A HELOC Helped his Buy A Lot Of Rentals With Andrew Freed (Ep 447): Andrew shares how tapping into the equity he had sitting in his primary residence helped him get started investing in rentals. Andrew also shares how house hacking to eliminate his monthly housing expenses, and becoming a part-time real estate agent,... by Rental Income Podcast With Dan Lane
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Turning Houses Into 2 Apartments With Saad Dar (Ep 446): Saad shares his strategy of buying cheap houses and transforming them into two or three-unit buildings. We talk about how he gets this approved by the city, and the challenges he's had with contractors. Saad also shares how he is doing this without... by Rental Income Podcast With Dan Lane
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He Replaced His W2 Income With Rental Income With Joe Blackshire (Ep 445): Joe shares how he built up enough cash flow from his rental portfolio to retire from his job. We talk about what kinds of properties he's buying, where he got his down payment money from, and how he financed his portfolio. Joe also talks about how... by Rental Income Podcast With Dan Lane
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Should You Rent To People With Bad Credit? With Zach McCrite (EP 29

Should You Rent To People With Bad Credit? With Zach McCrite (EP 29

Description

Titles in the series (100)

More Episodes from Rental Income Podcast With Dan Lane

Related podcast episodes