Don't Let Fear Hold You Back From Buying Rentals With Sean Haardt (Ep 345)
Rental Income Podcast With Dan Lane
Rental Income Podcast
4.8 • 836 Ratings
🗓️ 14 December 2021
⏱️ 25 minutes
🧾️ Download transcript
Summary
On this episode, we talk about how Sean learned more about rental properties and overcame his fear. We talk about how rentals helped him eliminate his monthly housing payment, and how today he is receiving cash flow and appreciation from his rental portfolio.
Transcript
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| 0:00.0 | inspiring interviews with today's top landlords this is the rental income podcast and now dan lay |
| 0:09.4 | Sean you got kind of a late start buying rentals what was holding you back I think just the fear of |
| 0:15.8 | what if you know the basic fair is what if what if I invest the money and I lose everything, you know, being married and just worried about losing, making a wrong decision and making a mistake. |
| 0:27.8 | You know, same thing I bet a lot of people are probably afraid of to take action, take that first step. |
| 0:32.1 | And so you thought about buying rentals for a long time. |
| 0:34.8 | How many years did you think about it for? |
| 0:40.0 | Wow. A long time, probably 20. |
| 0:47.7 | 20 years, okay. Yeah, because I remember listening to Carlton Sheets, you know, on CD, driving across the country, listening to all of the CDs, no money down. And that was a long time ago, Carlton Sheets. |
| 0:53.3 | And how old were you when you actually pulled the trigger and bought your first rental? |
| 0:58.8 | I was 49 when I purchased my first and I started listening to real estate podcasts like yours |
| 1:06.6 | when I was 48. |
| 1:08.4 | 48. |
| 1:08.9 | Okay. |
| 1:09.2 | And how old are you now? |
| 1:11.3 | 53. |
| 1:12.1 | Fear of the unknown held Sean back for way too long from buying rental properties. |
| 1:17.2 | But once he got started, he realized that buying rental properties really wasn't that scary |
| 1:22.5 | after all. On the show today, we're going to walk through how Sean built out his rental |
| 1:27.1 | portfolio and see how |
| 1:29.1 | he's overcome some of the challenges that he's faced along the way. Joining us on the show today |
| 1:34.1 | from Boonsboro, Maryland is Sean Hart. We'll take a really quick break to thank our sponsors. We'll |
| 1:39.6 | come right back and we'll talk to Sean. There is a ton of paperwork involved when you're getting a mortgage |
... |
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