Buying Rentals With A HELOC And Then Paying Them Off With Rents With Terry Roberts (Ep 370)

Rental Income Podcast With Dan Lane

English - June 07, 2022 07:00 - 24 minutes - 19.4 MB - ★★★★★ - 785 ratings
Investing Business Entrepreneurship investing landlord passiveincome realestate rentalproperty Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: How A Pizza Delivery Guy Made Millions Owning Rentals With Dakota Worrell (Ep 369)

Next Episode: 4 Small Steps To Financial Independence From A Small Rental Portfolio With Brandon Neiss (Ep 371)

Terry took out a HELOC against his primary residence and he uses it to buy rental properties. He then uses the rental income to pay off the HELOC.

He has used this strategy to buy 7 houses that generate $7,000 a month in rental income.

Terry also shares his strategy of buying nice houses in good neighborhoods that are easy to manage.

We also talk about how Terry saves money on appliances and other upgrades he does to his properties.