How He Built Wealth With Appreciation On Rentals With Tim Shiner (Ep 119)
Rental Income Podcast With Dan Lane
Rental Income Podcast
4.8 • 836 Ratings
🗓️ 1 August 2017
⏱️ 28 minutes
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Summary
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| 0:00.0 | inspiring interviews with today's top landlords this is the rental income podcast and now |
| 0:08.9 | dan lay last week on the podcast we talked to mark owens and mark had a just a great story |
| 0:15.4 | when mark was building out his rental portfolio he was focusing on cash flow. That was really the name of the game |
| 0:21.8 | for Mark. He was buying properties that after he paid his mortgage payment and any expenses he had |
| 0:28.3 | on the property, the properties were producing excess capital that he was spending. And he was |
| 0:34.0 | able to eventually have enough properties where he could leave his job. And today he's built a lot of wealth by just focusing on cash flow. |
| 0:42.2 | If you haven't heard that episode, it's number 118. |
| 0:44.9 | You should definitely go back and check it out. |
| 0:46.6 | Real inspiring story. |
| 0:48.7 | My guest today on the podcast has a completely different philosophy. |
| 0:54.0 | My guest focuses on appreciation. He's not too |
| 0:58.0 | concerned with cash flow. His properties are positive and they make a little bit of money, |
| 1:02.3 | but where he's really banking on making his money is long-term appreciation. And the |
| 1:08.3 | incredible thing he's done it, he's got a lot of properties and they've all |
| 1:11.4 | appreciated quite a bit. And he's built a lot of wealth by focusing on appreciation. So I think it's |
| 1:17.4 | going to be kind of interesting to compare how these two guys have completely different philosophies. |
| 1:23.3 | And they probably wouldn't agree with what either one is doing, but they've both created a lot of wealth. |
| 1:29.1 | And I think that's really the great thing with rental properties. |
| 1:32.2 | There's so many different ways we can do it. |
| 1:33.7 | So let's take a real quick break. |
| 1:36.2 | We'll come back in 30 seconds and we'll meet Tim Shiner from Dallas. |
| 1:40.1 | Are you on track to achieve your financial goals? |
... |
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