The show now has a catalogue of 400-plus episodes and has 100,000 monthly listeners.Eight years ago, when Dan Lane wanted to get intoBut most of what he was finding were interviews with investors who had already built up massive portfolios, which he couldn't relate to as a beginner. "I started the"Rental Income Podcast" selfishly," he told Insider, adding,"just to ask the questions I wanted to ask and figure out how I could buy more rentals.
He shared a few of his favorite examples of how his guests have used investing to achieve their financial goals.pay for his kids' college tuitionSo when his kids were young, he bought a few rental properties — putting a 20% down payment on each — and put them on 15-year mortgages so that they'd be paid off by the time his kids were ready to go to college.
"The cool thing is is that when the last kid graduates he's still going to have the properties and he's still going to have the cash flow, so now he's got retirement income," Lane said.Another example Lane gave was of a man who didn't want to work 40 hours per week and useLane said the man bought a house to live in and rented out the basement to a tenant to save on the mortgage payment. He also acquired a triplex and a duplex, and rented those properties out.
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