How He Went From No Money & No Real Estate Experience To Owning 81 Rentals With Doug Benson (Ep 322)
Rental Income Podcast With Dan Lane
Rental Income Podcast
4.8 • 836 Ratings
🗓️ 6 July 2021
⏱️ 26 minutes
🧾️ Download transcript
Summary
We talk about how he found and financed his properties, and how he was able to improve each property to increase his rental income.
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 |
| 0:09.6 | Doug so you've got a pretty big portfolio right well 81 doors I don't know if it's pretty big but yep |
| 0:15.7 | it's 81 doors did you know what you were doing when you got started or did you just kind of figure it out as you went along? |
| 0:22.9 | We've been flying by the seat of our pants for 15 years. |
| 0:26.0 | Have you? |
| 0:27.0 | And did you have a lot of money for down payments? |
| 0:29.9 | I mean, that's a lot of down payments to buy 81 doors. |
| 0:32.6 | Did you have a lot of money when you were getting started? |
| 0:34.9 | You know, we didn't. |
| 0:35.9 | This sounds like it's going to be a |
| 0:37.6 | pretty incredible story. Doug had no real estate experience. He had no money, but he somehow |
| 0:44.0 | figured out how to buy 81 rentals. And on the show today, we're going to walk through exactly |
| 0:49.6 | how he built his portfolio. Joining us on the show today from Lansing, Michigan is Doug Benson. |
| 0:56.2 | We'll take a really quick break. We'll thank our sponsors. We'll come right back and we'll talk to |
| 1:00.7 | Doug. Whether you've been buying rental properties for years or you're looking to buy your very |
| 1:06.1 | first rental property, the very first thing you want to do before you go out and find a great deal is to |
| 1:12.4 | figure out your financing. The lender that I recommend is Chaley Ridge from Ridge Lending Group. |
| 1:19.5 | She's a nationwide lender and her specialty is helping investors finance rental properties. |
| 1:25.9 | Chaley has a special limited time offer just for our listeners. |
| 1:30.5 | She will pay for your appraisal up to $500 when you close a loan with her. |
| 1:35.8 | Just mention you heard about this on the Rental Income podcast. |
| 1:39.8 | If you want more details or if you're ready to get started today, just go to Ridgelendinggroup.com. |
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