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

<p>How do you build up an arsenal of relevant landlording knowledge? Through hands-on experience.&nbsp;<strong>Eric Drenckhahn</strong>&nbsp;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><li>How Eric&nbsp;<strong>got started</strong>&nbsp;investing in real estate</li><li>Thoughts on buying properties for&nbsp;<strong>what they’re worth</strong></li><li>The reason he waited for&nbsp;<strong>8 years</strong>&nbsp;before investing again</li><li>Why the&nbsp;<strong>real estate crash</strong>&nbsp;didn’t hurt him</li><li>Tips for determining your&nbsp;<strong>CapEx</strong></li><li>How to become a&nbsp;<strong>DIY maintenance</strong>&nbsp;landlord</li><li>A discussion on&nbsp;<strong>DIY vs. hiring it out</strong></li><li>What you should know about&nbsp;<strong>managing properties</strong></li><li>Instances where&nbsp;<strong>doing it yourself</strong>&nbsp;goes a long way</li><li>What’s&nbsp;<strong>next</strong>&nbsp;for with Eric</li><li><strong>And SO much more!</strong></li></ul><p>Links from the Show</p><ul><li><a href="http://biggerpockets.com/forums" target="_blank">BiggerPockets Forums</a></li><li><a href="http://biggerpockets.com/calc" target="_blank">BiggerPockets Calculators</a></li><li><a href="http://www.loopnet.com/" target="_blank">LoopNet</a></li></ul><p>Books Mentioned in this Show</p><ul><li><a href="http://biggerpockets.com/setforlife" target="_blank"><em>Set for Life</em></a>&nbsp;by Scott Trench</li><li><a href="http://amzn.to/2xZ192V" target="_blank"><em>Emerging Real Estate Markets</em></a>&nbsp;by David Lindahl</li></ul><p>Fire Round Questions</p><ul><li><a href="https://www.biggerpockets.com/forums/52/topics/492150-who-is-responsible-tenant-or-landlord" target="_blank">Who is responsible: tenant or landlord?</a></li><li><a h