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Rental Income Podcast With Dan Lane

Buying Cash Flowing Rentals With No Down Payment With Randy Thomason (Ep 94)

Rental Income Podcast With Dan Lane

Rental Income Podcast

Business, Investing, Entrepreneurship

4.8836 Ratings

🗓️ 7 February 2017

⏱️ 22 minutes

🧾️ Download transcript

Summary

Learn how Randy has been using creative financing to build his rental portfolio. He shares how he has been buying properties with no down payment and at 0% interest.

Randy also shares how he makes sure he always gets paid rent on the 1st of every month, and why he stopped charging a security deposit.

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

0:08.6

dan lane randy thomason from little rock arkansas is joining us on the podcast today

0:13.9

randy's been building out his portfolio using a couple of different creative financing strategies

0:19.2

he's going to share with us how he's

0:21.3

buying properties that are cash flowing using no down payment and using 0% financing. So I want to

0:29.1

figure out exactly how he's doing this. He's also got a couple of good landlording tips he's

0:33.8

going to share with us about how to make sure you always get paid the rent on the first of the month every single month. And he's going to share with us about how to make sure you always get paid the rent on the

0:38.3

first of the month every single month. And he's going to share with us why he stopped charging a

0:43.9

security deposit. So we will take a quick break. We'll come back and we will get right into the

0:49.0

interview. Are you having a hard time finding great investment properties? Unfortunately,

0:53.5

the best deals are rarely

0:54.8

found locally. Successful investing begins with the right markets. Norada real estate provides everything

1:00.4

you need to invest in the best deals across the U.S. Our simple proven system will help you create

1:06.1

real wealth and passive monthly cash flow. Get your free copy of the ultimate guide to passive real estate investing at Noradarrealestate.com

1:14.4

slash guide. real estate is a passion thing. I think most of your people that are looking at getting into it

1:29.8

are, they find out they've got a passion for it because of the security it gives them and the

1:35.8

extra income. And that's what started me. It started back in college. I saw Carlton Sheets ad on TV.

1:43.5

And of course, I didn't have the money as a college student.

1:45.7

So I actually borrowed a little bit of money from my great aunt.

1:49.6

And she allowed me to buy it.

1:52.1

And that kind of got me started interested.

1:54.6

Okay.

...

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