Inspiring interviews with today's top landlords. This is the Rental Income podcast. And now, Dan Lane. Michael,

tell us what you're doing with your rentals. Yeah, what I'm doing is I'm purchasing properties that would rent for about $2,500 or so a month in my rental market. And with some adjustments, I've been able to get that number up to $3,500 to $4,000 a month in rental income.

Here's what Michael's doing. He's buying single family houses. And instead of just putting one tenant in the property, he's putting two tenants in there. One family rents the upstairs part of the house,

and then he turns the basement into a separate apartment and rents that to an entirely different

tenant. And in doing this, he's taken a house that after all the expenses wasn't really making

that much money, and he's turned it into a property that's generating

a ton of cash flow every month. On the podcast today, Michael's going to share with us exactly what he's

doing. He'll give us more details on exactly how this works, and hopefully this will help you decide

if this is something that you should consider. Joining us on the podcast today from Toronto

is Michael Dominguez. We'll take a really quick break to thank our sponsors. We'll come right

back and we'll talk to Michael. It's a lot of work to find a really good rental property.

And when you actually find that property, you want to make sure you're working with a lender

that can get that loan closed. The lender that I recommend is Chaley Ridge from Ridge Lending Group. She's a nationwide

lender and her specialty is helping investors finance rental properties. She has a ton of loan

programs and she can find something customized to you for your situation. If you want to find out more or

you're ready to get started today, just go to ridgelendinggroup.com. That's R-I-D-G-E lending group.com,

NMLS 42056. A good deal on a rental property isn't going to last very long. To win properties

today, you need to move

quickly when a deal comes on the market, but it takes time to analyze a property. I want to let you

know about an app where you can analyze deals on your phone in seconds. It's called Ask Rick,

that's RIC for rental income calculator. You can analyze a deal with the push of a button.

You can figure out the rent, your mortgage payment, your expenses, and figure out the cash flow.

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