Accidental Landlord With Nicole Ratner (Ep 11)
Rental Income Podcast With Dan Lane
Rental Income Podcast
4.8 • 835 Ratings
🗓️ 25 November 2014
⏱️ 17 minutes
🧾️ Download transcript
Summary
On this episode, Nicole talks about the good luck that she had with having a long-term tenant, and the bad luck she had finding out that the property had toxic mold, after the tenant moved out.
Transcript
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| 0:00.0 | This is the Rental Income Podcast, where we talk to owners of rental properties and give you |
| 0:05.6 | actionable tips and advice that will help you make more money while dealing with less hassle. |
| 0:11.0 | And now your host, Dan Lane. |
| 0:13.2 | I put together a list of seven things I wish I knew earlier about renting properties, and you can |
| 0:18.4 | download your free copy. |
| 0:20.3 | Just go to my website, free landlordgift.com. |
| 0:24.3 | Well, on the show today, we have Nicole Ratner. |
| 0:27.6 | Nicole is what they call an accidental landlord, |
| 0:30.4 | meaning that she didn't plan to own rental properties. |
| 0:33.0 | It just kind of happened. |
| 0:34.7 | Her story is that in her late 20s, she bought a condo that was perfect at the time, |
| 0:39.1 | but then life changed. She met a guy. She got married. And then all of a sudden, the condo |
| 0:44.0 | wasn't so perfect anymore. And I think a lot of people are in a very similar situation today. |
| 0:49.6 | And I think we can probably learn a lot from Nicole. So, Nicole, before we hear your story, why don't you tell us a little about yourself and how you got here? |
| 0:57.6 | So my name's Nicole and I am an executive. |
| 1:02.0 | I am a wife. |
| 1:03.6 | I am a mom to two beautiful girls and also a landlord. |
| 1:08.3 | Okay, so tell me about your condo. |
| 1:10.2 | So how long were you living in the condo for? For about a landlord. Okay, so tell me about your condo. So how long were you living in the condo for? |
| 1:12.9 | For about a year. And then life happened and I met my soon-to-be fiancé husband and moved in with him. |
| 1:22.4 | When it came time to move out, why did you decide to rent the property out and not just sell it? |
| 1:27.6 | So I'm not sure that sale was even a thought in my mind, but I did know that when I first |
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