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Rental Income Podcast With Dan Lane

How To Invest For Cash Flow And Appreciation With Chris O'Neal (Ep 60)

Rental Income Podcast With Dan Lane

Rental Income Podcast

Investing, Entrepreneurship, Business

4.8836 Ratings

🗓️ 2 February 2016

⏱️ 20 minutes

🧾️ Download transcript

Summary

Chris shares his strategy of buying in different markets for different reasons. He owns rentals in 5 different markets. Some he buys for appreciation, and others for cash flow.

Transcript

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0:00.0

Inspiring interviews with today's top landlords.

0:04.8

This is the rental income podcast.

0:07.7

And now, Dan Lay.

0:09.7

Joining me on the podcast today is Chris O'Neill, and Chris has actually written a book called Dun Deal,

0:15.7

What They Never Talked You About Money.

0:17.6

And he also has a real interesting strategy for investing. Chris owns rentals in

0:23.6

five different markets. And he's got different strategies for the different markets. Some of the

0:28.7

markets, he's investing for cash flow and cash flow only. He knows the properties are probably

0:34.3

not going to appreciate. And other markets, he's investing for appreciation.

0:39.8

So I want to find out more about what he's doing and kind of get into his story.

0:45.5

So, Chris, welcome to the show.

0:47.3

Why don't we start with you telling us a little bit about yourself and how you got started

0:51.6

owning rentals?

0:52.8

Well, what started to be honest with you, just to sum it up?

0:57.2

I was on my 9-5 and I got tired of working and I love real estate so much.

1:03.6

I went and attained my real estate license, so I'm a realtor.

1:08.1

And so once I left my 9 to 5, I started looking into investment properties. I

1:16.6

started looking into flips. And I just fell in love with it. And I never looked back.

1:21.4

Now, you have a real interesting strategy. So your rentals aren't all in the same town. A lot of times people think that

1:28.5

they need to just invest in their town or maybe just in one town. But your rentals are located in

1:35.3

five different towns. How did that happen? Well, my strategy is going where the deals are. Sometimes you may be in a town that really doesn't

1:47.7

have deals that fit what you want to do as far as your price range, as far as, you know,

...

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