How He Got To $10K In Rental Income (And His Plan To Get To $20K) With Bryan Bokowy (Ep 469)
Rental Income Podcast With Dan Lane
Rental Income Podcast
4.8 • 836 Ratings
🗓️ 14 May 2024
⏱️ 27 minutes
🧾️ Download transcript
Summary
On this episode, we talk about:
How he's been buying incredible deals ($100K under market).
How he financed his purchases.
Where his down payment money came from.
We also look at the numbers for his entire portfolio, including total rent, mortgage payments, typical expenses, and net cash flow.
Bryan also shares his plan to get to $20K in monthly cash flow.
https://rentalincomepodcast.com/episode469
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 | Every once in a while, I think it's interesting to check in with someone that was on the podcast in the past and see what they're doing today. |
| 0:17.8 | Brian, you were with us about two and a half years ago. Can you remind us what your |
| 0:23.7 | portfolio looked like back then? And tell us what you're doing today. Yeah, thanks, Dan. Back |
| 0:30.9 | then, I had two properties, both were four unit properties. Fast forward to today, I bought |
| 0:37.2 | 16 other properties. Those are all duplexes. |
| 0:40.6 | So total of 18 properties today. Buying 16 duplexes in two and a half years is pretty incredible. |
| 0:48.3 | But when you think about what the market's been like over the last two and a half years, |
| 0:52.7 | there just hasn't been a lot of properties for sale. |
| 0:55.2 | And finding 16 duplexes is a really big accomplishment. So on the show today, we're going to |
| 1:01.5 | talk about how he did it. We'll talk about how he financed these properties. And Brian wants to |
| 1:07.9 | get these properties paid off. We'll talk about his plan to pay them off, |
| 1:11.1 | and we'll see if that makes sense. Joining us on the show today from Chicago is Brian Bacowie. |
| 1:17.7 | We'll take a quick break to thank our sponsors. We'll come right back and we'll talk to Brian. |
| 1:22.2 | It's a lot of work to find a really good rental property, and when you actually find that |
| 1:26.3 | property, you want to make sure |
| 1:27.6 | you're working with a lender that can get that loan closed. The lender that I recommend is |
| 1:32.8 | Chaley Ridge from Ridge Lending Group. She's a nationwide lender, and her specialty is helping investors |
| 1:39.3 | finance rental properties. She has a ton of loan programs and she can find something customized to you |
| 1:45.5 | for your situation. If you want to find out more or you're ready to get started today, just go to |
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