4.9 • 805 Ratings
🗓️ 26 November 2024
⏱️ 22 minutes
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0:00.0 | inspiring interviews with today's top landlords this is the rental income podcast and now dan lane robert |
0:10.1 | i'm curious to see what you're doing tell me your strategy for buying rentals so basically we look for |
0:17.1 | areas that have obviously low purchase prices with high comparable rents. |
0:23.9 | A lot of the areas we look at are like Valdasta and Columbus, Georgia, |
0:29.7 | which have military bases, universities, |
0:33.3 | just a steady, solid pool of renters available so that we can keep our properties least. |
0:38.3 | The idea of buying a really cheap property sounds great. |
0:41.6 | And on paper a lot of times the returns look incredible. |
0:45.5 | But in reality, those properties don't always perform as well as you had hoped because a lot of times those properties aren't in the best area or maybe they're older properties |
0:56.3 | and they're going to require more maintenance. But in Robert's case, he's buying properties |
1:01.1 | that really aren't that old. They're in a pretty good area. And he's making really good |
1:07.2 | return. So on the show today, we're going to get more details on exactly what he's doing. |
1:12.2 | We'll take a look at his numbers and we'll figure out how he's doing this remotely. |
1:17.1 | Robert doesn't live in the area where he's buying property. So we'll see how he's making everything work. |
1:22.7 | Joining us on the podcast today is Robert Washington. We'll take a quick break to thank our sponsors. We'll come |
1:29.5 | right back and we'll talk to Robert. Looking to connect with your local audience. Ad manager.fm makes it |
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