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Rental Income Podcast With Dan Lane

Rental Properties Were The Ticket Out Of His Job With Grant Francke (Ep 473)

Rental Income Podcast With Dan Lane

Rental Income Podcast

Business, Investing, Entrepreneurship

4.8836 Ratings

🗓️ 11 June 2024

⏱️ 25 minutes

🧾️ Download transcript

Summary

Grant had a good job, but it was very demanding. After he had a few kids, he wanted to work less, and he was looking for a way to generate income and break away from his job.

He figured out that he could generate enough income to support his family if he bought enough rentals.

On this episode, we discuss his strategies, including traditional down payments, seller financing, HELOCs, and the BRRRR strategy.

Join us as we delve into Grant's journey, from the moment he decided to invest in real estate to the point where he was able to leave his job. We'll also explore how, as a full-time investor, he was able to expand his portfolio, a testament to the potential of real estate investment.

https://rentalincomepodcast.com/episode473

Transcript

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0:00.0

inspiring interviews with today's top landlords this is the rental income podcast and now dan lane grant

0:10.1

why did you start buying rental properties uh i started buying rental properties because i had a great

0:16.0

union job uh great w2 job but it was very demanding on my time. I was gone a lot. So once I started

0:23.3

having kids, I was married and had a couple kids. I wanted to find a way to break myself free of that.

0:30.3

So I started looking into ways to do that. And rental properties was the ticket out of my job.

0:36.1

On the podcast today, we're going to figure out how Grant was

0:39.0

able to generate enough rental income to leave his job. We'll talk about how a line of credit helped

0:44.8

him grow his portfolio. We'll walk through some of his deals, take a look at his portfolio,

0:50.2

and figure out how long it took him from the time he bought his first rental until he put in his notice.

0:56.6

Joining us on the show today from Lincoln, Nebraska is Grant Frankie.

1:00.7

We'll take a quick break to thank our sponsors.

1:03.1

We'll come right back and we'll talk to Grant.

1:06.0

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1:09.7

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1:16.2

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1:21.9

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1:26.3

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1:28.1

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1:33.5

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1:39.2

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1:43.5

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...

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