This Podcast Helped Him Go From $0 To Over $20K/Month In Rental Income With Chase Bauer (Ep 466)
Rental Income Podcast With Dan Lane
Rental Income Podcast
4.8 • 836 Ratings
🗓️ 23 April 2024
⏱️ 24 minutes
🧾️ Download transcript
Summary
After hearing dozens of stories from investors who had been successful in investing in real estate, he felt ready to buy his first property.
Today his rental portfolio generates over $20,000 a month in net cash flow.
On this episode, Chase shares the types of properties that generate the highest return for him, how he screens his tenants, and why he prefers month-to-month leases over year leases.
https://rentalincomepodcast.com/episode466
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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 a few years ago my guest here on the podcast today was listening to the rental |
| 0:14.1 | income podcast trying to figure out how to get started how to buy his first rental property |
| 0:19.3 | well after listening for a while, |
| 0:21.6 | he finally felt like he knew enough and he was ready to get started. Chase, why don't you take |
| 0:28.0 | over your story from here? Well, Dan, I've been listening to you for eight years now and after |
| 0:33.6 | two years of listening to you, I finally had the courage to buy my first rental. |
| 0:38.3 | And since then, I've just been snowballing my profits into other rentals. |
| 0:42.4 | And I've been extremely lucky along the way. |
| 0:44.9 | That is awesome. |
| 0:45.8 | And where are you right now, income-wise? |
| 0:48.9 | Well, I just got an accepted offer on a duplex. |
| 0:51.6 | So that'll bump it up to $22,000 net each month. |
| 0:56.7 | Wow, $22,000 net on his portfolio. That's really remarkable. On the show today, we're going to |
| 1:03.7 | figure out how we did this, how we went from listening to the show to coming on the show |
| 1:08.8 | and telling us about making $22,000 a month. |
| 1:13.1 | Joining us on the show today from Indianapolis is Chase Bauer. |
| 1:17.2 | We'll take a quick break to thank our sponsors. |
| 1:19.4 | We'll come right back and we'll talk to Chase. |
| 1:21.7 | I've had tenants that have either broken their leases or stopped paying rent, |
| 1:26.1 | and I'm sure you know that this can be very expensive. |
| 1:29.4 | It's very easy for the cost to exceed the amount of money that you're holding for a security |
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