From Factory Worker to 50 Properties With Mike Grams (Ep 33)
Rental Income Podcast With Dan Lane
Rental Income Podcast
4.8 • 835 Ratings
🗓️ 28 April 2015
⏱️ 18 minutes
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Summary
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| 0:00.0 | This is the Rental Income Podcast, where we talk to owners of rental properties and give you actionable tips and advice that will help you make more money while dealing with less hassle. |
| 0:10.8 | And now your host, Dan Lane. |
| 0:13.0 | I put together a list of seven things I wish I knew earlier about renting properties. |
| 0:17.7 | And you can download your free copy. |
| 0:20.1 | Just go to my website, free landlordgift.com. |
| 0:23.5 | Well, I am really excited for today's show. Mike Grimes is joining me on the podcast today, |
| 0:28.5 | and he has a real inspiring story. Mike, let me make sure I'm telling your story right here. |
| 0:34.1 | So you worked in a factory before you owned rental properties? Yes, I did. I worked |
| 0:38.6 | there for 25 years. Wow. And what did you do? I started out as a forfeit operator and then he |
| 0:44.6 | eventually became a mechanic on a machine, just, you know, fixing, nuts and bolts and that kind of |
| 0:51.2 | stuff. So you were just a regular guy with a regular job, |
| 0:55.1 | and you figured out one day that you could buy properties |
| 0:59.7 | and make some cash flow on it, |
| 1:02.8 | and if you had enough properties, |
| 1:05.0 | you could actually quit your job. |
| 1:06.9 | That is correct, yes, sir. |
| 1:08.7 | That is, I think, really, really incredible and really inspiring. |
| 1:12.7 | And I want to find out exactly how you did this. |
| 1:16.3 | I want to ask you about how many properties you needed before you were able to quit your job. |
| 1:21.4 | And I also want to find out exactly how you're managing the properties, because you own 50 properties today. |
| 1:27.4 | Is that right? Yes, right. So I want to find out how you're managing the properties because you own 50 properties today. Is that right? |
| 1:27.8 | Yes, right. |
... |
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