Higher Cost Rentals Made Him Way More Money Than Cheaper Properties With Andrew Postell (Ep 432)

09/05/23 • 24 min

When Andrew started investing in real estate, all he could afford to buy were really cheap properties in not-the-best neighborhoods.
These properties made money, but he faced challenges with finding property managers and high expense ratios.
Andrew sold those properties and started buying better properties in better neighborhoods.
As those properties have appreciated, he has been selling them off and buying even better properties in even better areas.
We also talk about how Andrew is able to buy two houses every time he sells a house.

Previous Episode

How He's Paying Off Rentals To Fund His Retirement With Jeff Mazur (Ep 431)

Jeff shares the details of his plan to fund his retirement with rental income.
We talk about how he's paying off his properties, how much cash flow his properties generate today, and how much they will generate when everything is paid off.
Jeff also shares how he came up with his down payments, how he's financing his properties and we look at the numbers for his entire portfolio.
https://rentalincomepodcast.com/episode431

Next Episode

Part 1: She Couldn’t Make Money With AirBnB And Sold With Jessie Dillon (Ep 433)

Jessie's first Airbnb didn't go as well as she hoped, and she ended up having to sell the property.
On the first of this two-part series, we figure out what went wrong. Jessie shares how she researched the area, furnished the property, and marketed it.
As hard as Jessie worked at it, she couldn't make the property profitable and sold it.
On part two of the series we talk to the investor that Jessie sold the property to and figure out how he turned things around.
https://rentalincomepodcast.com/episode433
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