His Rentals Pay All His Living Expenses With Augie Cortez (Ep 581)
About this episode
Augie Cortez discusses how his rental income covers all living expenses and shares insights on building a successful rental portfolio.
Augie Cortez has reached the point that many real estate investors dream about. His rental income covers all of his family's living expenses, giving him a comfortable, low-stress lifestyle. As long as he keeps his properties rented and in good condition, the rentals cover the bills. In this episode, Augie shares how he built his portfolio by buying single-family homes, primarily renting to Section 8 tenants in a great school district. He explains why keeping all of his properties close together has made self-management much easier, why he does most of his own repairs, and how tenant-proofing his rentals has dramatically reduced maintenance headaches. He also explains why providing great service and keeping the properties in good condition has led to tenants staying for many years, which, in turn, reduces his turnover expenses. We also talk about the importance of keeping leverage low and building equity, the lessons he has learned about allowing pets, the toughest challenge he has faced as a landlord, and the advice he would give to anyone who wants to build a rental portfolio that provides financial freedom and peace of mind. https://rentalincomepodcast.com/episode581 Thanks To…
People in this episode
Host: Dan Lane
Guest: Augie Cortez
Topics covered
- rental income
- real estate investing
- property management
- financial freedom
- landlord advice
Keywords
- rental income
- real estate
- Section 8 tenants
- property management
- financial independence
Sponsors
PadSplit, Ridge Lending Group, Rentec Direct
More episodes of Rental Income Podcast With Dan Lane
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- Why Monthly Cash Flow Is So Important With Jamie Dietz (Ep 582)
- He's Paying Off A Few Rentals To Secure His Future With Chris Sherman (Ep 580)
- Bonus: How a HELOC Can Help You Build Equity Faster and Stay Flexible
- How He Went From Listening To This Podcast To Over $40,000 A Month With Chase Bauer (Ep 579)
- Using A HELOC and Private Lenders To Buy Rentals With Nick Disney (Ep 578)
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