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Rental Income Podcast With Dan Lane

6 Mistakes He Made As A Landlord With Isaac Barrow (Ep 315)

Rental Income Podcast With Dan Lane

Rental Income Podcast

Business, Investing, Entrepreneurship

4.8836 Ratings

🗓️ 18 May 2021

⏱️ 24 minutes

🧾️ Download transcript

Summary

Isaac has had a lot of success as a landlord, but he has made some mistakes along the way. On this episode we talk about some of the things he has done wrong in the past, and what he is doing now.

Transcript

Click on a timestamp to play from that location

0:00.0

inspiring interviews with today's top landlords this is the rental income podcast and now

0:08.4

dan lane is i know that you've been investing in rental properties and managing properties for

0:14.2

quite a while have you made some mistakes along the way oh absolutely and, you know, hopefully I've learned from them.

0:22.8

On the podcast today, Isaac is going to be sharing with us six different mistakes that he's

0:27.1

made as a landlord so that hopefully you can learn from his mistakes, not make the same

0:32.3

mistakes, and save yourself a lot of time and money.

0:35.6

Joining us on the show today for a repeat appearance from

0:38.9

Indianapolis is Isaac Barrow. We'll take a really quick break. We'll thank our sponsors. We'll come

0:44.6

right back and we'll talk to Isaac. The first step in buying a rental property is to get pre-qualified.

0:50.8

And I would suggest you work with a lender that specializes in working with investors

0:55.8

because the last thing you want to have happen is to get to closing and find out the money's

1:01.1

not there and you can't close. The lender that I recommend is Chaley Ridge from Ridge Lending

1:07.1

Group. She's a nationwide lender and she'll pre-qualify you for free if you mentioned

1:12.6

rental income podcast. Find out more today. Contact Chaley at ridgillendinggroup.com. That's

1:19.2

R-I-D-G-E lending group.com. An MLS 42056. A good deal on a rental property isn't going to last very long. To win properties today,

1:30.0

you need to move quickly when a deal comes on the market, but it takes time to analyze a property.

1:36.3

I want to let you know about an app where you can analyze deals on your phone in seconds.

1:41.7

It's called Ask Rick. That's RIC for Rental Income Calculator. You can analyze a deal

1:48.0

with the push of a button. You can figure out the rent, your mortgage payment, your expenses,

1:53.0

and figure out the cash flow. If the numbers make sense, you can make an offer right there on the

1:58.0

app or you can send a calendar invite to your agent to see the property

2:01.6

in person. Ask Rick is currently offering a free seven-day trial. Just search for Ask Rick in the

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