22 min listen
You Can Make A Lot Of Mistakes With Rentals And Still Make Money With Andy (Ep 413)
You Can Make A Lot Of Mistakes With Rentals And Still Make Money With Andy (Ep 413)
ratings:
Length:
22 minutes
Released:
Apr 4, 2023
Format:
Podcast episode
Description
Andy made a lot of mistakes with his first rental. He paid too much, he didn't budget for expenses and vacancies, and he didn't use the 1% rule, or other criteria to evaluate the property.Rentals can be very forgiving, and with time, his rents went up, he was able to bring his payments down by refinancing and appealing his property taxes. Today this is one of his property is his best-performing rentals.On this episode, we talk about what Andy learned from this experience, and how it helped him become a better investor.Thanks To Our Sponsors:The GuarantorsRidge Lending Group
Released:
Apr 4, 2023
Format:
Podcast episode
Titles in the series (100)
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