cover of episode 251: Replacing Your Income with Real Estate as a DIY Landlord with Eric Drenckhahn

251: Replacing Your Income with Real Estate as a DIY Landlord with Eric Drenckhahn

Publish Date: 2017/11/2
logo of podcast BiggerPockets Real Estate Podcast

BiggerPockets Real Estate Podcast

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Shownotes Transcript

    <p>How do you build up an arsenal of relevant landlording knowledge? Through hands-on experience. <strong>Eric Drenckhahn</strong> is a “DIY landlord” who has managed his mid-sized portfolio for years and who has come across countless maintenance and landlording issues. Join us in picking his experienced mind across a myriad of real estate issues and learn how to become a successful DIY landlord.</p><p>In This Episode We Cover:</p><ul>
  • How Eric got started investing in real estate
  • Thoughts on buying properties for what they’re worth
  • The reason he waited for 8 years before investing again
  • Why the real estate crash didn’t hurt him
  • Tips for determining your CapEx
  • How to become a DIY maintenance landlord
  • A discussion on DIY vs. hiring it out
  • What you should know about managing properties
  • Instances where doing it yourself goes a long way
  • What’s next for with Eric
  • And SO much more!
  • Links from the Show

    Books Mentioned in this Show

    Fire Round Questions

    Tweetable Topics:

    • “To make money, you need to have positive cash flow.” (Tweet This!)
    • “Landlord can weed out the simple things.” (Tweet This!)
    • “Managing property is no problem.” (Tweet This!)

    Connect with Eric

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