How He Built Enough Rental Income To Quit His Job With Quentin DSouza (Ep 331)
Rental Income Podcast With Dan Lane
Rental Income Podcast
4.8 • 836 Ratings
🗓️ 7 September 2021
⏱️ 22 minutes
🧾️ Download transcript
Summary
On this episode, we talk about how much rental income he needed to replace his W2 income,and how many rentals he needed to get to that number.
We also talk about the kind of properties he bought, and how much cash he needed to invest to build his portfolio.
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. |
| 0:09.7 | I love hearing stories like this. |
| 0:11.7 | Quentin, tell us what you've done. |
| 0:14.1 | Well, what happened was, you know, I had been building a real estate portfolio and it just didn't make sense for me to continue with the job that I had. |
| 0:25.1 | I had the income and I wanted, you know, time freedom, location freedom, you know, thought freedom. |
| 0:32.8 | And, you know, having those rental properties help me to do that. |
| 0:37.6 | Your rental properties produced cash flow every single month. |
| 0:41.9 | And then how did that cash flow translate into freedom for you? |
| 0:46.2 | Well, I was able to leave my job as a teacher of 20 years in 2014. and it just made sense to do. |
| 0:58.3 | On the podcast today, we're going to take a look at how much money Quentin needed to make |
| 1:02.8 | every month on his rentals to leave his job. We'll figure out how many rentals he needed to |
| 1:07.8 | buy to get to that number, how much money he had to invest, and how things |
| 1:12.9 | have been working out for him. Joining us on the show today from Toronto is Quentin DeSosa. |
| 1:18.3 | We'll take a really quick break to thank our sponsors. We'll come right back and we'll talk to |
| 1:23.1 | Quentin. Whether you've been buying rental properties for years or you're looking to buy your very first rental property, |
| 1:30.3 | the very first thing you want to do before you go out and find a great deal is to figure out your financing. |
| 1:36.6 | The lender that I recommend is Chaley Ridge from Ridge Lending Group. |
| 1:41.8 | She's a nationwide lender and her specialty is helping investors finance |
| 1:46.5 | rental properties. Chaley has a special limited time offer just for our listeners. She will pay for |
| 1:53.5 | your appraisal up to $500 when you close a loan with her. Just mention you heard about this on |
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