Anytime Michael would manage to save $10,000 he would always find something to buy with his money. He figured out that it would be a better use of his money to buy a rental with the money and the cash flow that the property generated would make him even more money every month.On this episode Michael shares if small apartment buildings or single-family homes have been better investments for him.He also talks about how he built a diversified portfolio with properties in different types of neighborhoods.He also shares how he got rid of a bad tenant that was about to scare off good tenants.https://rentalincomepodcast.com/episode414

Every time I Buy A Rental, It's Like Getting A Raise With Michael Adkins (Ep 414)

Inspiring interviews with everyday people that are generating passive income by investing in rental properties. On each episode, we talk to a landlord about how they found and purchased their rental properties, how they financed them, and issues they face with property management, and managing tenants.Make sure you follow the show. A new episode is released every Tuesday.

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As an investor, if you have to pay for utilities, it can kill your cash flow. Having a utility company submeter each unit isn't always an option, and if it is, it can be costly.On this episode, Kelly shares a unique way to submeter buildings, without involving the utility companies.A meter is placed in the building that measures usage for each tenant.The landlord can then bill each tenant for their actual usage.Kelly talks about the cost of installing the meters, ongoing costs, and how the usage and rate data is compiled.https://rentalincomepodcast.com/episode471

Don't Let Utilities Ruin Your Cash Flow With Kelly Koontz (Ep 471)

Justin shares how not being able to take enough time from work for one of his kids to play travel hockey was his motivation to start building a rental portfolio.On this episode, Justin shares how he got the money to get started, how he financed his rental purchases, and how many properties he needed to leave his job.Justin also shares how he budgets for expenses (both business and personal), and how he gets health insurance for his family without a job.https://rentalincomepodcast.com/episode470

How He Replaced His W2 Income With Rental Income (With 5 Kids) With Justin Corritore (Ep 470)

Bryan was slowly building his rental portfolio, and over the last few years, he figured out a formula to step up the pace of his buying.On this episode, we talk about:How he's been buying incredible deals ($100K under market).How he financed his purchases.Where his down payment money came from.We also look at the numbers for his entire portfolio, including total rent, mortgage payments, typical expenses, and net cash flow.Bryan also shares his plan to get to $20K in monthly cash flow.https://rentalincomepodcast.com/episode469

How He Got To $10K In Rental Income (And His Plan To Get To $20K) With Bryan Bokowy (Ep 469)

Jacki talks about her strategy of buying a property that she wants to use on vacation for a few years. She generates income by renting it when she's not there.After a few years, she's ready to go somewhere new. She'll sell the property for a profit, and use the equity she created to buy the next one.On this episode, we talk about how many times she's done this strategy, what the perfect property looks like, and we look at the numbers for a recent deal.'https://rentalincomepodcast.com/episode468

Buying Vacation Rentals, Staying For Free & Selling For A Big Profit With Jacki Tate (Ep 468)

Join us as we explore the ins and outs of financing, legal structures, and the advantages and disadvantages of buying rentals with partners.On this episode, we talk about their decision to operate under an LLC or as individuals to build their portfolio.We also talk about how they used an FHA 203k loans, a powerful tool to buy and rehab properties with a small down payment.Dave and his partners have come up with a unique way to make sure they can continue to buy rentals even if one member of the partnership can't afford it at that particular time.We also talk about what they are doing with the monthly cash flow, and how they are managing their properties.https://rentalincomepodcast.com/episode467

Every time I Buy A Rental, It's Like Getting A Raise With Michael Adkins (Ep 414)

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