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Rental Income Podcast With Dan Lane

His Blueprint To Net $10k A Month With Rentals With John Morgan (Ep 307)

Rental Income Podcast With Dan Lane

Rental Income Podcast

Business, Investing, Entrepreneurship

4.8836 Ratings

🗓️ 23 March 2021

⏱️ 23 minutes

🧾️ Download transcript

Summary

John talks about how he built his rental portfolio by buying base hits. Not many of his deals were all that incredible. But, when you look at his entire portfolio it's a home run.

On this episode, we talk about the types of properties he's been buying, how he manages them while working full-time, and his plan to net $10K a month 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 lane john

0:10.0

you've been buying rentals for about six years would you say that you've hit a lot of home runs in that time

0:16.0

uh i'd probably say almost all my buys are probably just base hits, just a couple hundred bucks a month.

0:24.5

It's real difficult for me to get much more than the 1% in the area that I'm investing.

0:30.6

But maybe just one home run, but I'd say the other nine just base hits.

0:35.1

Not to keep using baseball analogies, but when you look at John's entire portfolio,

0:41.1

personally, I would call it a home run.

0:43.6

And he's gotten there by just taking little base hits over and over and over again.

0:49.6

On the podcast today, we're going to talk about John's portfolio.

0:52.9

We'll figure out exactly what he's buying. We'll take a look at his numbers. And we to talk about John's portfolio. We'll figure out exactly what he's

0:54.3

buying. We'll take a look at his numbers. And we'll talk about his plan to net $10,000 a month

1:00.2

from his rental properties. Joining us on the show today from Dallas is John Morgan. We'll take a

1:06.3

really quick break. We'll come right back and we'll meet John. The first step in buying a rental property

1:12.0

is to get pre-qualified and I would suggest you work with a lender that specializes in working

1:18.2

with investors because the last thing you want to have happen is to get to closing and find out

1:23.8

the money's not there and you can't close. The lender that I recommend is Chaley Ridge from Ridge Lending Group.

1:31.0

She's a nationwide lender and she'll pre-qualify you for free if you mentioned rental income podcast.

1:37.8

Find out more today. Contact Chaley at ridgillendinggroup.com.

1:41.9

That's R-I-D-G-E lending group.com.

1:46.1

NMLS 42056.

1:48.1

Whether you're starting or scaling your company's security program,

1:52.6

demonstrating top-notch security practices, and establishing trust is more important than ever.

...

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