Inspiring interviews with today's top landlords.

This is the rental income podcast.

And now, Dan Lay.

My guest on the podcast has been at this for 16 years.

And in that time, he has managed to buy exactly one property.

He never really felt the need to go out there and build a big portfolio

and generate lots of passive income every month. He was happy having one property and building

wealth over time as he pays down that mortgage and the property hopefully appreciates over

time. And so I want to see how things have worked out. I mean, 16 years is a long time

to be doing this. So I want to figure out what he's learned and how things have worked out. I mean, 16 years is a long time to be doing this.

So I want to figure out what he's learned and how things have worked out for him.

So let's take a real quick break. We'll come back in 30 seconds and we'll meet Nick from Philly.

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slash guide. rental property. To begin with, it was just to find a place to live. Because at the time, I was

running an apartment with a friend, and he got engaged, and he said, you know, he was going to move on

and move into his fiance. And I was like, yeah, it's all right. And I thought I was going to be running

another apartment. But family member was like, you know, why don't you just get a duplex? And you could

live in one half and rent the other. And I was just like, what? I could do that. I didn't

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