Highly Leveraged: Rental Income Investing

Dave Rosa

Interviews with landlord's and industry professionals to help you start and grow your rental income portfolio. Leverage is one of the most powerful tools in Investing and wealth building. Assets Before Liabilities. Episodes released every Monday morning. read less
BusinessBusiness

Episodes

000. Intro to your Host Dave Rosa. Who’s this clown? I also drop some 401k numbers and rental income knowledge in your face!
05-05-2021
000. Intro to your Host Dave Rosa. Who’s this clown? I also drop some 401k numbers and rental income knowledge in your face!
-Follow us on Facebook  -Follow us on Instagram    Contact- DaveRosa@HighlyLeveragedPod.com ------------------------------------------------------- 401k Calculator: Is 401k right for you? Click the link below, enter your info and find out if you’re on pace to have enough to retire. 401K Calculator ------------------------------------------------------- HELOC- Home Equity Line of Credit Access the dormant equity in your home to use like a credit card. No payments until you use it, can be paid down and reused like a credit card with interest only payments due each month. -------------------------------------------------------- $100k house example: 20% Down ($20k) 80k Mortgage at 3.5%= $359 a month…Taxes $140..Ins $50…= $549/month 1% Rule= 1% of $100k is $1,000 rent. Minus expenses= $451 15% of Gross rent put aside for Vacancy/Maintenance= $150 Total Monthly cash flow of $301. Over 30 years = $108,360 in cash money! Appreciation- Avg 4% year over year. $100k house would be worth $324k after 30 years. Cutting that by One Third to 2.66% would have that house worth $220k after 30 years. --------------------------------------------------------- BRRRR Strategy- Buy, Rehab, Rent, Refinance, Repeat -Buy a distressed property -Rehab the property -Rent out the property -Refinance with higher appraised value to pull out all or most of your invested money -Repeat on your next property Apple Podcast, Google Podcast, Spotify, IHeartRadio, Alexa.. Subscribe to automatically have new episodes downloaded each Monday Morning!