16 min listen
How To Leave Your Job And Live Off Rental Income With Carl Schiovone (Ep 12)
How To Leave Your Job And Live Off Rental Income With Carl Schiovone (Ep 12)
ratings:
Length:
17 minutes
Released:
Dec 2, 2014
Format:
Podcast episode
Description
Carl figured out one day how many rentals he would need to own to leave his job, and live off his rental income. On this episode he tells us how he did it, and what he has learned. Keys To Success: * Leverage relations with others to find deals. * Having good income and credit history and lenders will want to, "throw you money". * Don't be afraid to invest outside of your market. Look at your available capital to determine available markets you can afford to invest in. Carl's Magic number - Make a minimum of $350 per month per unit (including vacancy, loss, repairs, etc) Now Is A Good Time To Invest: * Because People will always need a place to live * Money can be borrowed cheaply Favorite Real Estate Book: Rich Dad's Guide To Investing by Robert Kiyosaki Contact Carl: eastcoastreia@optonline.net 631-750-1563
Released:
Dec 2, 2014
Format:
Podcast episode
Titles in the series (100)
Q&A Show: Rental Property Questions Answered by Steve Elliff: Q&A show. I ask listener questions to Steve Elliff, a successful rental property owner. If you have a question to ask on a future show, email me: dan@rentalincomepodcast.com by Rental Income Podcast With Dan Lane