Inspiring interviews with today's top landlords.

This is the Rental M-Com podcast.

And now, Dan Lane.

Mike, what was your goal when you first started buying rental properties?

Yeah, I think my goal initially was just to try to build some generational wealth. I had young children and I was thinking about

financial planning and leaving a legacy and I had been doing a lot of research on real estate investing

at that time. I had recently read rich

dad, poor dad, and that seemed to kind of open my eyes to what real estate could do potentially

for myself and my family down the road if I got started. And so that was kind of the catalyst

in terms of just wanting to, you know, set myself up for hopefully a comfortable retirement, but also have some tangible assets that I could pass down to my kids someday.

And is your goal to buy a ton of properties and have a huge portfolio?

I'd say probably not. I think it's just kind of one, one cog, a big one,

but just one investment vehicle out of several. You know, I still put some money into the market,

but I am pretty heavily focused on at least trying to build some portfolio. I've got a couple

properties. I've sold a couple others. I would like to have, you know, a somewhat modest portfolio,

but it's not my life passion to, you know, have a hundred doors or a thousand doors or anything

like that. Mike's a great example of how you don't need to go big and buy a ton of properties to build

wealth with rental properties. And on the show today, we're going to talk about exactly what

Mike's doing. We'll take a look at his portfolio, figure out what he's buying and how he's doing

this. Joining us on the show today from Myrtle Beach is Mike Thompson.

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

We'll come right back and we'll talk to Mike.

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