She Bought Her First Rental. Let's See If She Did Everything Right With Annie Cole (Ep 495)
Rental Income Podcast With Dan Lane
Rental Income Podcast
4.8 • 836 Ratings
🗓️ 12 November 2024
⏱️ 22 minutes
🧾️ Download transcript
Summary
On this episode, we discuss how Annie found the property, how they came up with the down payment money, and look at the numbers for the property.
Her property had existing tenants. We talk about the information the seller gave her about the tenants before closing and how the tenants have worked out.
We also talk about opportunities that Annie has to increase the future cash flow on the property.
https://rentalincomepodcast.com/episode495
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 annie |
| 0:10.0 | congratulations i hear that you just bought your very first rental property yes i am so excited i wanted to be |
| 0:17.0 | a real estate owner for a really long time. My husband and I had been looking forever. |
| 0:27.5 | We finally decided to just take our search seriously and we found this amazing property on Zillow, |
| 0:33.8 | no less. And now we own a triplex and we have long-term renters. And it's just been such a fun journey and so rewarding. On the podcast, today we'll get the details on how Annie bought her first rental. |
| 0:40.3 | We'll talk about how she figured out what area she wanted to invest in. |
| 0:44.5 | We'll talk about how she financed the property. |
| 0:46.5 | We'll take a look at her numbers and see if she did anything wrong or maybe if there's |
| 0:50.9 | anything she would do differently if she were to buy this property again. |
| 0:55.6 | Joining us on the podcast today from Portland, Oregon is Annie Cole. |
| 1:00.3 | We'll take a quick break to thank our sponsors. |
| 1:02.4 | We'll come right back and we'll talk to Annie. |
| 1:04.8 | It's a lot of work to find a really good rental property. |
| 1:07.7 | And when you actually find that property, |
| 1:09.4 | you want to make sure you're working with a lender that can get that loan closed. The lender that I recommend is Chaley Ridge from |
| 1:16.6 | Ridge Lending Group. She's a nationwide lender and her specialty is helping investors finance |
| 1:22.5 | rental properties. She has a ton of loan programs and she can find something customized to you for your situation. |
| 1:29.6 | If you want to find out more or you're ready to get started today, just go to ridgelendinggroup.com. |
| 1:35.4 | That's R-I-D-G-E lending group.com. |
| 1:39.2 | NMLS 42056. |
| 1:42.0 | When it comes to hiring, the best way to search for a candidate isn't to search at all. |
| 1:46.0 | Don't search match with Indeed. |
... |
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