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

bob tell me what's going on with your rentals yeah you know it's a pretty interesting times as you know um

it was interesting because um i had i was up to, I think about 32 or 33 doors.

And me and my business partner kind of looked at our whole portfolio.

And because of appreciation, we're like, you know what?

We decided to sell our entire portfolio to take the cash.

And then at the end of the year, we looked at each other.

We said, oh, I think we made a little bit of a mistake.

We probably should have held them.

But hindsight's 2020.

So right now what we're actually doing is we're starting to buy and hold now.

We're back up to 15 doors.

So that's what our focus is on this year. We do a lot of different stuff,

you know, from wholesaling to buying and hauling, a little bit of fix and flip. But our main focus

for 2025 is going to start adding to our portfolio again. By deciding to sell and then buy rental

properties right back, Bob ended up paying a lot of taxes that he really could have avoided

if he never sold or if he did a 1031 exchange.

So on the show today, we're going to try to understand why Bob sold

and how he changed his mind so quickly.

We'll also talk about what he's buying now as he builds out his new portfolio.

Joining us on the show today from West Hartford, Connecticut is Bob LaChance.

We'll take a quick break to thank our sponsors.

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