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

dan lane david you got me really intrigued so what do you mean by financial freedom is really

closer than you think man i'll tell you people get really confused and they think that they're all

these different steps to become financially free but really the real is, if you want to know what it is,

do one thing and be really good at it. Simple is scalable. So get your niche, ratchet it down

to the very simplest of processes. Do that, do it well, and do it over and over again.

And that's exactly what David has done.

And on the podcast today, he's going to share with us his formula for financial freedom from rental properties.

We'll talk about his concept of coming up with a freedom number, how he came up with his and how you can come up with yours.

And we'll talk about how you can really hit

any income level you want with just a little bit of simple math. Joining us on the podcast today

from Chattanooga, Tennessee is David Olds. We'll take a really quick break to thank our sponsors.

We'll come right back and we'll talk to David.

There's a ton of paperwork involved when you're getting a mortgage on a rental property.

Lenders are going to want to see two years of tax returns, pay stubs, bank statements. I mean,

it's a lot of work and a huge hassle. Jayley Ridge from Ridge Lending Group has a brand new loan program where she doesn't care about any of that.

She actually doesn't need any paperwork from you at all.

She's just going to look at the deal.

The most important thing she wants to see is doesn't make sense.

Is the property going to cash flow?

If it does, she'll give you a 30-year fixed-rate mortgage.

Now, the rates are going to be a little bit higher than a traditional full-doc loan,

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