Meet The School Teacher With 46 Rentals With Dom (Ep 304)
Rental Income Podcast With Dan Lane
Rental Income Podcast
4.8 • 836 Ratings
🗓️ 2 March 2021
⏱️ 23 minutes
🧾️ Download transcript
Summary
We talk about how he self-manages his properties, the unique thing he asks his tenants to do before he will rent to them, and how he avoids evictions and guarantees that he will receive rent each month.
Transcript
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| 0:00.0 | inspiring interviews with today's top landlords this is the rental income podcast and now |
| 0:08.4 | dan lane tom you went from one rental to 46 rentals while you were working full time how did you |
| 0:16.8 | do that uh yeah i'm a school teacher and uh as a lot of you know, school teachers have a considerable |
| 0:24.3 | amount of time off. We have the summers off. We have holidays off. When I first started teaching, |
| 0:30.2 | my hours were from my 8 to 2.30. I'd come home typically around 3 o'clock, 315. Yeah, I had a lot of time. |
| 0:38.3 | I was single at the time. |
| 0:40.9 | So, yeah, I had a lot of disposable time on my hands. |
| 0:44.3 | Dom could have used his time to relax or to watch TV, but instead he bought rental properties, |
| 0:49.8 | and today he is reaping the rewards of that decision. |
| 0:53.4 | On the show today, we're going to figure |
| 0:54.7 | out how he went from that very first property to having 46 of them. And we'll also talk about |
| 1:00.8 | how he turned around a really bad situation. He had a lot of tenants early on that weren't |
| 1:06.1 | paying rent. And today, everyone pays rent. So we're going to figure out what he's doing |
| 1:10.6 | differently. |
| 1:11.8 | Let's take a really quick break. We'll thank our sponsors. We'll come right back and we'll meet |
| 1:16.1 | Dom from Chicago. Being a landlord just became a lot easier thanks to Tenant Cloud. They have |
| 1:23.2 | everything you need to manage your rental properties all in one place from taking online applications |
| 1:29.2 | to creating custom leases specific to your state and collecting rent online. And this is really cool. |
| 1:36.7 | They actually have local contractors in your area to help you when you have a repair call. |
| 1:42.6 | That's right. Contractors in your area that are there for you |
| 1:45.8 | when you need them. Everything is right there all in one place. How much does it cost? Well, |
| 1:51.3 | this is crazy. It's totally free to sign up. It's not a trial. It's free forever. They do have some |
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