He Sold All His Rentals (Now He's Buying Again) With Larry and Jordan Myer (Ep 486)
Rental Income Podcast With Dan Lane
Rental Income Podcast
4.9 • 805 Ratings
🗓️ 10 September 2024
⏱️ 32 minutes
🧾️ Download transcript
Summary
After Larry sold everything, his son Jordan expressed an interest in real estate investing.
Today, Larry and Jordan are working on building a rental portfolio.
On this episode, we discuss what they are buying, how they are dividing the work, and how they are finding and financing their properties.
We also discuss whether Larry is doing anything differently with his new portfolio or if he is following his previous playbook.
We also review a recent property they purchased and look at the numbers.
https://rentalincomepodcast.com/episode486
Transcript
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| 0:00.0 | Inspiring interviews with today's top landlords. |
| 0:04.7 | This is the rental income podcast. |
| 0:07.6 | And now, Dan Lane. |
| 0:09.9 | If you've been listening to this podcast for a while, you may remember Larry Meyer from Kansas City. |
| 0:15.8 | He's been on the show a whole bunch of times. |
| 0:17.8 | And Larry, I wanted to bring you back today because you've got some news |
| 0:22.1 | to share with us. Tell us what you've been up to. Well, I'm kind of at the stage where |
| 0:27.7 | sitting on the beach and reading is more, you know, it sounds a little more exciting than dealing |
| 0:36.4 | with contractors and tenants. |
| 0:38.2 | So I was kind of starting to think about winding down, selling off what I had, and riding off into the sunset. |
| 0:45.8 | So I was discussing that with my son, Jordan. |
| 0:48.5 | And he said, well, golly shucks, dad. |
| 0:51.7 | Why don't, you know, let's, you know, can I jump into the, into the business and maybe we can build this up again with more rentals. |
| 1:02.3 | And then maybe you can stick around a little longer or, you know, have a nice life. |
| 1:08.2 | Larry got his entire portfolio sold before he decided to go into business with |
| 1:12.7 | Jordan. So today, they're starting from scratch. They're building a brand new rental portfolio. |
| 1:18.3 | And on the show today, we're going to figure out how they're doing it. We'll talk about what they're |
| 1:22.5 | buying, how they're finding deals today, how they have their partnership set up, and we'll look at a recent deal |
| 1:28.8 | and talk about the property and go over all the numbers. Joining us on the show today from Kansas |
| 1:34.6 | City are Larry and Jordan Meyer. We'll take a quick break to thank our sponsors. We'll come right |
| 1:40.5 | back and we'll talk to Larry and Jordan. It's a lot of work to find a really good rental property, |
| 1:45.7 | and when you actually find that property, |
... |
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