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How to Make Passive Income with Long-Term Rentals | Insights From an Expert!

211 views· 14 likes· 36:15· Jul 16, 2024

Thanks for watching my video! 💙 💛 In this video I chat with Quincy Mingo on how he got started with long-term rentals, how he sources his properties, what he's learned along the way, how much he earns and much more! It's a very honest and candid interview for anyone looking to get started. Check it out and connect with Quincy on LinkedIn: https://www.linkedin.com/in/quincymingo/ =============================== 🚀 - Check out my Remote Online Notary 101 Course: https://www.udemy.com/course/remote-online-notary-101/?referralCode=212A9DA5C0737E70C5EA 👩🏾‍💻 SideHustleSeattle.com 🛍️ Amazon Storefront: https://www.amazon.com/shop/sidehustleseattle 📸 - IG: https://www.instagram.com/sidehustleseattle/ ⏰ - TikTok https://www.tiktok.com/@sidehustleseattle 🙋🏾‍♀️ GENERAL INQUIRIES, BUSINESS INQUIRIES OR CONTENT COLLABORATIONS Email: SideHustleSEA@Gmail.com 🔔 Don’t forget to like, comment, and subscribe for more tips on making money online! ⏱️⏱️VIDEO CHAPTERS⏱️⏱️ =============================== 00:00 Introduction to Long-Term Rentals as a Side Hustle 01:57 Why Long-Term Rentals? 03:01 Selecting & Financing Properties 09:17 Tenant Screening 13:55 Property Maintenance 16:22 Biggest Challenges 18:20 Setting Rental Prices 22:00 Communication and Relationships with Tenants 23:43 Financial Aspects of Long-Term Rentals 27:40 Horror Story: Dealing with Difficult Tenants 31:18 Success Story: Persistence and Strategic Thinking 34:55 Conclusion ADD TAGS BELOW:

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