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Rental Income Podcast With Dan Lane

How To Own 10 Rentals And Not Be Involved At All With Justin Williams (Ep 04)

Rental Income Podcast With Dan Lane

Rental Income Podcast

Investing, Entrepreneurship, Business

4.8835 Ratings

🗓️ 30 September 2014

⏱️ 24 minutes

🧾️ Download transcript

Summary

Justin alks about how he owns 10 rental units, and is not involved at all.  He hasn’t even seen some of the properties.  He also talks about how he has his house flipping set up to flip 120 houses a week, with him only working 5 hours a week.

Transcript

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0:00.0

This is the Rental Income Podcast, where we talk to owners of rental properties and give you actionable tips and advice that will help you make more money while dealing with less hassle.

0:10.9

And now your host, Dan Lane.

0:13.0

I put together a list of seven things I wish I knew earlier about renting properties.

0:18.2

And you can download your free copy.

0:20.1

Just go to my website,

0:21.9

free landlordgift.com. All right, on the show today, we have Justin Williams. And I think

0:28.6

Justin's going to be a really good guest because he owns 10 rental properties, and he is not

0:34.9

involved with these properties at all. I mean, he literally does not spend

0:40.2

five minutes a month working on these properties. Justin, is that fair to say that you don't spend

0:46.2

five minutes a month on your properties? Oh, more than fair. I don't even ask me, like, what cities

0:52.3

they're located in. I know the general region and location and I could tell you the five cities, which they are.

0:59.5

But don't ask me what street they're on.

1:01.2

I couldn't find them.

1:01.9

I've never seen them.

1:03.3

Wow.

1:04.1

So yeah, very little involvement.

1:06.0

It's funny because when I first contacted you about coming on the show, you actually said,

1:10.8

I don't know how interesting of a guest I'm going to be because I don't really know a whole lot about my properties.

1:16.9

No.

1:17.1

And I think that's actually what's going to make you a really good guest to hear how you can set things up and not be involved.

1:26.2

So everything we talk about today is going to be on our show notes page.

1:29.8

It's a rental income podcast.com slash episode four.

...

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