Todd Capital Millionaire Podcast Ep 43: Black landlords matter

The Millionaire Talk Show with Todd and Michelle

English - November 27, 2017 18:18 - 40 minutes - 36.7 MB - ★★★★★ - 359 ratings
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Previous Episode: Todd Capital Millionaire Podcast Ep 42 - "The best returns are in the hood" with @ayeshaselden

Next Episode: Millionaire Podcast Ep 44: Trading bitcoin and achieving financial freedom with @mralpickett

On this episode of the Todd Capital Millionaire Podcast we interview Mrs. Kendra Barnes. Kendra owns 8 rental units and is currently working to retire early using real estate.

Key points from the show:
Verify the rent roll to make sure that what the seller is saying they receive in rent is actually being received

Maintain cash reserves so you can remain solvent if there is a vacancy

Representation matters

When using AirBNB, be transparent and let the guests know what kind of neighborhood the rental is in, even if its in a sketchy area.

Don't be afraid of buying in not so good areas

Books mentioned:

Rich Dad Poor Dad
Cashflow, the board game

Kendra can be found at:
www.thekeyresource.com
instagram.com/thekeyresource