Rental Income Podcast With Dan Lane
Business:Investing
Leverage Is Bad. Use Cash To Buy Rentals With Lisa Cummings (Ep 14)
Lisa doesn't like having loans on her rentals. She knows that she could make more money by using leverage. But, the risk isn't worth it to her. She worked hard to get what she has and doesn't want a down market cycle to take it all away. She also loves all of the positive cash flow the rentals generate every month.
Jim Adams bought and lost 100 houses. Hear his story here: http://www.RentalIncomePodcast.com/episode9
Owning Rentals in a Retirement Account:
SDIRAServices.com
Self Directed IRA Rules:
Can't use Roth
Can't use a loan
Can't be personally involved. Need to have a property manager
Can't be involved with the money.
Favorite Real Estate Book:
HOLD: How to Find, Buy, and Rent Houses for Wealth by Steve Chader
Jim Adams bought and lost 100 houses. Hear his story here: http://www.RentalIncomePodcast.com/episode9
She is working on paying off loans
Contact Lisa:
Career Q&A
PinchYourSelfCareers.com
Lisa@PinchYourselfCareers.com
@CareerPodcast
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