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cover of episode How He Went From $0 To $35K/Month In Rental Income With Mike (Ep 478)

How He Went From $0 To $35K/Month In Rental Income With Mike (Ep 478)

2024/7/16
logo of podcast Rental Income Podcast With Dan Lane

Rental Income Podcast With Dan Lane

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Shownotes Transcript

Mike was inspired by a friend making $100k a month from rental properties. He thought, if his friend could do it, why couldn't he?On this episode, we discuss how Mike took baby steps for the first few years and eventually built a rental portfolio that nets him $35,000 a month.Mike shares his story of getting started and how one excellent investment changed the entire trajectory of his investing.We examine Mike's numbers, including his monthly gross rent amount, monthly expenses, and net cash flow.Mike also shares how challenging the COVID years were for his portfolio, but he made it through them and realized that if he can survive that, he can make it through anything.https://rentalincomepodcast.com/episode478