How He Found An Incredible Rental Deal On An Auction Website With Jake (Ep 389)

Rental Income Podcast With Dan Lane

Jake shares how he bought a property without seeing the inside from an auction website.
The former owner was still living in the property when Jake closed on it. We talk about how Jake was able to get him removed from the property, and what he spent to rehab the property.
Jake also shares the numbers from his 10 unit portfolio, including total rent collected, mortgage payments, and how much Jake sets aside for repairs, capex, and vacancy.
We also talk about Jake's strategy of using 15 year mortgages to get the properties paid off faster.