Trading Up From Junky Rentals To Better Rentals With Brandon Penn (Ep 459)
Mar 5, 2024 ·
22m 8s
Brandon didn't have a lot of money when he started buying rentals. He got started buying what he could afford - old, run-down properties. He fixed them up, and raised...
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Brandon didn't have a lot of money when he started buying rentals.
He got started buying what he could afford - old, run-down properties. He fixed them up, and raised the rent. Doing this created a ton of equity.
Today, Brandon is in the process of selling off some of those properties and using the equity he created to buy nice single-family homes in better neighborhoods with cash.
The new properties will be more profitable because they will be newer and not have mortgage payments. They should also be easier to manage.
https://rentalincomepodcast.com/episode459
Have a question, or want to leave feedback about the podcast? Leave a voicemail: 775-346-8882
show less
He got started buying what he could afford - old, run-down properties. He fixed them up, and raised the rent. Doing this created a ton of equity.
Today, Brandon is in the process of selling off some of those properties and using the equity he created to buy nice single-family homes in better neighborhoods with cash.
The new properties will be more profitable because they will be newer and not have mortgage payments. They should also be easier to manage.
https://rentalincomepodcast.com/episode459
Have a question, or want to leave feedback about the podcast? Leave a voicemail: 775-346-8882
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| Website | rentalincomepodcast.com |
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