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Rental Income Podcast With Dan Lane

You Don't Have To Invest Where You Live With Jefferson Calloway (Ep 505)

Rental Income Podcast With Dan Lane

Rental Income Podcast

Business, Investing, Entrepreneurship

4.8836 Ratings

🗓️ 21 January 2025

⏱️ 24 minutes

🧾️ Download transcript

Summary

Jefferson built his rental portfolio by buying rental properties out of state.

He doesn't care where the property is as long as the numbers make sense and it's in a good area.

On this episode, Jefferson shares how he finds deals, researches the area he wants to invest in, and does his due diligence.

We also discuss how he has found many of his deals on Facebook and has worked out creative financing to buy properties with little money out of pocket.

https://rentalincomepodcast.com/episode505

Transcript

Click on a timestamp to play from that location

0:00.0

Inspiring interviews with today's top landlords. This is the Rental Income podcast. And now, Dan Lane.

0:09.8

Jefferson, you've got an interesting strategy that you're using to build your portfolio. Can you tell me what you're doing?

0:16.8

Yeah. We own in seven different states right now. So if it's a good deal and it pencils, then I'll

0:21.3

buy it no matter where it is. Jefferson lives in Pennsylvania. He's got rental properties all

0:25.9

across the country. He thinks with all the information that we have online these days, if you

0:30.6

find a good deal, the numbers make sense and you can make money with it, it doesn't really

0:35.4

matter where it is. So on the show today, we're going to learn more

0:38.4

about what he's doing and see if this makes sense. Joining us on the show today is Jefferson Callaway.

0:44.6

We'll take a quick break to thank our sponsors. We'll come right back and we'll talk to Jefferson.

0:49.6

Investing in rental properties can be complicated, but it doesn't have to be. My friends at Mid-South

0:56.1

homebuyers sell completely rehab turnkey properties in both Memphis and Little Rock, and they've

1:02.5

been doing it for 23 years. All their properties come totally rehab. They put on a new roof,

1:08.7

new kitchen, new bath, new plumbing, new electric. Everything is

1:12.6

brand new. They also have a tenant that's moved in before you close, so you get cash flow on day

1:18.9

one. Mid-South homebuyers also continues to manage the property for you after closing. It

1:25.0

couldn't be easier. Everything is 100% done for you. All their properties also

1:30.8

come with a couple of guarantees. They have a one-year total maintenance warranty and a lifetime

1:36.3

occupancy guarantee. Personally, I just closed on my fifth property with Mid-South homebuyers,

1:42.5

and I couldn't be happier. If you want to talk to a

1:45.8

happy customer, reach out to me. I'm happy to answer any questions, or you can check them out

1:51.2

at mid-South Homebuyers.com. It's a lot of work to find a really good rental property, and when you

1:56.6

actually find that property, you want to make sure you're working with a lender that can get that

...

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