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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)

FromRental Income Podcast With Dan Lane


You Can Make A Lot Of Mistakes With Rentals And Still Make Money With Andy (Ep 413)

FromRental Income Podcast With Dan Lane

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)

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