How To Invest For Cash Flow And Appreciation With Chris O'Neal (Ep 60)
Rental Income Podcast With Dan Lane
Rental Income Podcast
4.8 • 836 Ratings
🗓️ 2 February 2016
⏱️ 20 minutes
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Summary
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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