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

all right joining me on the podcast today is jason bayland he owns 20 rentals he's been a building his

portfolio over the last two years and has done a real great job of putting together an

awesome portfolio. Jason, welcome to the show. Why don't we start with you just telling us a

little bit about yourself and how you got started buying rental properties. Thanks, Dan. Glad to be

here. Yeah, so we started aggressively buying rental properties about two years ago. My business partner,

Chris Haddon, and I were located in Howard County, Maryland. We grew up together, and then we

created a bunch of businesses together, so we've always been business partners. And we've,

we've had kind of dabbled with rental properties over the years ever since we

kind of got in business and then about two years ago we decided that we really wanted to

add rental properties to our real estate investment portfolio and you know we've aggressively

been buying ever since you know most of our areas we concentrate are Baltimore County, Maryland, Anorunnel County, Maryland, and some areas of Baltimore City.

So 20 properties in two years, that's really, really aggressive. Is there a certain type of property that that you're buying? Are you kind of buying the same

type of property over and over? Or are you just looking for something that's a good deal?

If the numbers make sense, you'll buy it. Yeah, so we have an interesting formula that we follow.

We divide properties and areas into what we call A, B, and C areas.

So an A area would be a nicer type of area that doesn't necessarily have much cash flow,

but over time we feel like it would appreciate, you know, kind of a higher-end area,

maybe a better quality tenant or resident in that area.

And then on the other opposite side, there would be C areas that you can buy it very low values.

They'd have a lot of turnover, but the cash flow would just be tremendous on a monthly basis.

But we felt that those areas just wouldn't appreciate over time, whatever we paid for them today. You know, pretty much there would never be any equity in

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