4.9 • 805 Ratings
🗓️ 29 October 2024
⏱️ 22 minutes
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0:00.0 | inspiring interviews with today's top landlords. |
0:04.4 | This is the Rental Income podcast. |
0:07.7 | And now, Dan Lane. |
0:09.7 | Jeff, how did you go from being brand new, knowing nothing about rental properties, |
0:14.8 | to having over 100 rental units? |
0:18.3 | Well, it took a little bit of time. |
0:19.9 | It didn't happen overnight. |
0:22.7 | Certainly wasn't a straight line. It wasn't something that I planned. I had to start by, you know, like anything. |
0:29.2 | If you want to eat a cow, you got to start with one bite at a time. You got to start with something |
0:32.5 | small. So I bought some properties that eventually, you know, some smaller properties that |
0:37.2 | eventually appreciated and allowed me to use the proceeds from the So I bought some properties that eventually, you know, some smaller properties that eventually |
0:37.8 | appreciated and allowed me to use the proceeds from sale of those properties to buy more, |
0:44.5 | buy bigger. |
0:44.9 | And that's really the magic that comes from owning rental properties for the long term, |
0:49.4 | is that as you start to gain equity in your properties, you can take that money and |
0:54.0 | use it to buy bigger |
0:55.0 | properties, better properties, properties that cash flow better. And on the show today, we're |
1:00.0 | going to walk through Jeff's story and see how he got to where he is today. One thing I want to |
1:05.0 | point out before we get into the interview is that Jeff had some money saved when he got started. |
1:09.5 | So he had some pretty big down payments |
1:12.1 | for his properties, but if you don't have the kind of money that Jeff had, you can still follow |
1:18.1 | the concepts that Jeff followed. I think the concepts are going to talk about apply whether |
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