Podcast Episode Details

How I Built a Rental Business with a $25,000/Year Job - Ep 794

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Season 4 Episode 794

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Today we will discuss how I built a rental business while at a relatively low-paying job. I will also talk about some things I have learned about rentals along the way. We will also cover our usual Monday segments.

Featured Event: Self Reliance Festival: https://selfreliancefestival.com/?aff=nicolesauce

Sponsor 1: Permies.com

Your ref code to promote the Kickstarter:

https://www.kickstarter.com/projects/paulwheaton/low-tech-0?ref=9bl6gk

Details on the earlybird rewards:

https://permies.com/wiki/earlybird

Sponsor 2: John Pugliano and the Wealthsteading Podcast: https://bit.ly/3oPLTmr

Livestream Schedule

• Monday, 3pm, NOTE: I changed the time due to my evening Choir schedule
• Tuesday, 12:30pm: LIVE with Pat Watson of Uncensored Tactical and John Willis of Special Operations Equipment
• Friday, 10:30am: Homestead Happenings - We have BABY SHEEP!!!

Tales from the Prepper Pantry

• Really need to kick Up cheese production for the winter
• So. Much. Food.
• Power Pantry Webinar
• Weekend Eaten Up with Roaster Repair- so less forward momentum on harvest. Creek Mint
• Fall restock will happen in the next four weeks or so (How we do this)

Weekly Shopping Report From Joe

I gassed up on Friday, and spent the usual $3.899 per gallon of untainted regular at Weigels.

Traffic was moderate, and the weather was nice.

All of the drink coolers are working at Dollar Tree, and they are well-stocked. The health aisle looks pretty full too, with a good supply of generic OTC meds.

A 2x4x8 remains at $3.68 in Home Depot. I'm not sure I saw any AA or AAA Lithium batteries, but they have plenty of alkaline, and they do have Lithium coin cells and CR123s. The store was normal-busy.

Aldi was last. We found what we wanted. They even had a little bit of 70% chocolate in stock again. Staple prices were: milk: $2.82, eggs: $1.03, heavy cream: $4.69, butter: $3.19, OJ: $3.19, bacon: $3.99, potatoes: $5.99, sugar: $3.09, flour: $2.19.

Frugality Tip from Janet - who just started a sewing podcast

This one can help keep things tidier in your bathroom too!

I save little slivers of soap in a jar in the bathroom. When I make a batch of homemade liquid hand soap with a bar of grated soap and a gallon of water, I add all the little slivers to the batch and use them up that way.

Operation Independence

Three sheep were born, Lamb Chop and Two Unnamed Girls!

Main topic of the Show: How I Built a Rental Business with a $25,000/Year Job

It was the early 2,000s and I was living in an apartment with a roommate. I was in my late 20s and had rarely lived without roommates - that was how I made money work.

Background:

• Grew up helping Dad with rental properties
• Took jobs cleaning and painting in college because they were flexible
• Was an excellent tenant
• KNEW I wanted to eventually have rental properties

Learning the Trade: Befriended someone who managed several rentals and helped with property management.

• Standar

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  Published on 2 years, 3 months ago