Bonus: BRRRR Case Study With Dominic Kosteris
Rental Income Podcast With Dan Lane
Rental Income Podcast
4.8 • 836 Ratings
🗓️ 21 October 2021
⏱️ 15 minutes
🧾️ Download transcript
Summary
We talk about how he found the property, what he paid, details of his rehab, and we go over his numbers.
Transcript
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| 0:00.0 | Inspiring interviews with today's top landlords. |
| 0:04.7 | This is the rental income podcast. |
| 0:07.6 | And now, Dan Lay. |
| 0:09.5 | I've got a bonus episode of the podcast for you today. |
| 0:13.4 | We're going to be looking at a case study of someone that recently bought a rental property. |
| 0:19.0 | Dom, why don't we start things off with you telling us your |
| 0:22.2 | strategy for buying rentals? Sure. I look, I have a niche market and if I find a house |
| 0:29.4 | that's undervalued, maybe because it's cosmetically distressed, I do my darnest not to use my |
| 0:36.7 | own money. Fix it up. and then I'll do the refinance. |
| 0:42.9 | I've done that quite a few times. |
| 0:45.6 | What's better than putting money into your own property, not putting money into it? |
| 0:50.8 | Dom's been using the Burr strategy to build out his rental portfolio. That's buy, |
| 0:56.3 | rehab, rent, refinance, repeat. And Dom just keeps doing this over and over again. And on the |
| 1:03.2 | show today, he's going to walk us through one of his recent rental purchases. We'll go over |
| 1:08.0 | all the numbers and figure out exactly how everything worked out. |
| 1:12.3 | Joining us on the show today from Chicago is Dominic Kosteris. |
| 1:16.5 | We'll take a really quick break to thank our sponsors. |
| 1:19.3 | We'll come right back and we'll talk to Dom. |
| 1:21.6 | A good deal on a rental property isn't going to last very long. |
| 1:25.4 | To win properties today, you need to move quickly when a deal comes on the market, |
| 1:29.7 | but it takes time to analyze a property. |
| 1:33.0 | I want to let you know about an app where you can analyze deals on your phone in seconds. |
... |
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