logo
episode-header-image
Jul 1
21m 26s

How This Couple Replaced Their W2 Income...

Rental Income Podcast
About this episode
David and Rachel Sugg are living proof that you don’t need to start with a ton of money to build a life of freedom through real estate.

In this episode, they share their incredible journey of walking away from their W2 jobs and building a rental portfolio that gives them both financial independence and the freedom to travel and live life on their own terms.

They break down the creative strategies they used to maximize income on each property—like converting single-family homes into sober living group houses, running short-term rentals, and house hacking.
You’ll hear how they got started with very little capital, how they identified good deals in the right neighborhoods, and how they built a relationship with a lender who helped them scale.

David and Rachel are not just investors—they’re problem-solvers. They’ve figured out how to stretch every dollar, find opportunities others overlook, and build a business that supports the life they want.

https://rentalincomepodcast.com/episode528

Thanks To Our Sponsors:

Ridge Lending Group - Making investment Mortgage process simple and stress-free.

MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's)
Up next
Today
Bonus: DSCR Loans Explained (Finance Rentals Without Tax Returns, Bank Statements, Or Pay Stubs)
On this episode, Caeli Ridge breaks down how to buy a rental property using a DSCR loan — a type of financing where the lender doesn’t care about your personal income.No tax returns.No pay stubs.No bank statements.Instead, the loan is based on the income the property will generat ... Show More
15m 7s
Jul 8
How He Maximizes Rental Income By Watching Every Dollar With Carlo Finnotti (Ep 529)
Carlo shares his strategies for increasing rental profits by cutting expenses and increasing revenue.We dive into how he keeps a close eye on market rents to make sure his properties are always priced competitively — and how he decides when and how much to raise rent.Carlo also r ... Show More
26m 35s
Jun 24
What He Learned From Losing Money On A Rental Property With Scott Curry (Ep 527)
In this episode, Scott Curry shares the tough lessons from his first rental property—where things went wrong and how he turned it around. We break down what he learned, what he's doing differently now, and why he’s focused on 5-bedroom homes with land.Scott talks about the pros a ... Show More
23m 43s
Recommended Episodes
Jul 2024
432: From Losing Her Health, Home, & Marriage to Chasing Financial Freedom (5 Doors!)
Anyone can buy rentals, whether you have some money to deploy or very little to your name. With seemingly everything working against her, today’s guest managed to buy not one, not two, but THREE properties to support her and her daughter on their journey to financial freedom! Wel ... Show More
43m 15s
Sep 2021
111: 26 Doors in 1 Year? Here’s How You Can Do It Too!
Purchasing one rental property is an accomplishment in itself, but what about purchasing 26 units in your first year of real estate investing? Not many do it, but someone who has is Amelia McGee. Amelia didn’t have any formal training on real estate investing. She wasn’t a broker ... Show More
54m 12s
Mar 2025
13 Rental Units with a “Rinse and Repeat” Investing Method
This investor built a multimillion-dollar real estate portfolio with low-money-down loans and little cash-to-close. Thanks to his smart “rinse and repeat” strategy, he’s quickly scaled from zero to 13 rental units in just four years, all while collecting thousands of dollars of c ... Show More
38m 14s
Sep 2024
Finding Off-Market Deals Even with Kids and a Busy Life | Millie Pendola
Millie Pendola is a real estate agent and investor who went from zero to financially free in just 3 years. Her secret weapon? A KILLER combination of flipping and rental property cash cows.  In this episode, Millie reveals how her background in real estate planning gave her a MAS ... Show More
1h 10m
Nov 2024
How She Made $50M Against All Odds | Stormy Wellington | EP 45
In this episode, Coach Stormy Wellington opens up about her journey from a life of hardship—growing up in poverty, becoming a teenage mom, and working as a stripper at 13—to building a $50 million business empire and mentoring 139 first-generation millionaires. She shares the min ... Show More
36m 3s
Apr 7
Buying ONE Rental Changed My Life: 4 Years Later, I Quit My Job
Just buy ONE rental property and watch your life change. Today’s guest was working multiple jobs, and a single property purchase allowed her to finally free up her weekends and regain some freedom in her life. The best part? She did it with just around $4,000, then repeated the p ... Show More
38m 51s
Feb 2025
‘Building’ 7-Figure Wealth with ONE Very Lucrative Rental Property
Though only five years into his rental property investing career, David Rosenbeck is making a seven-figure wealth-building move. If it all pans out, he’ll be one million dollars (or more) richer, with a brand new investment property that’ll spit out $7,000 cash flow monthly! This ... Show More
38m 35s
Nov 2024
Investing in Real Estate WITHOUT a W2? How I Bought 3 Properties in 2 Years!
Can you start investing in real estate WITHOUT a stable W2 job? How will you get a loan? What happens if you have a fluctuating income? Are you completely out of luck? Not at all! Today’s guest, David Sladewski, proves that you can STILL invest in real estate no matter your age, ... Show More
44m 1s
Jul 2023
How To Build 20k In Monthly Passive Income Before 30 Years Old w/ "Money Honey" Rachel Richards
Rachel Richards (Replay Sept 2022) built a real estate portfolio of 38 rental units by the age of 26. She is a 2X bestselling author and has been featured in Forbes, CNBC, and Business Insider. She makes the topic of money management fun, entertaining, and simple for her 450,000+ ... Show More
46m 57s
Jul 2024
435: Transforming a Risky First Rental Into a Profitable Property by Doing THIS w/Noreen & Derek Eddy
If you’re holding out for the “perfect” deal, you’ll always be on the sidelines. Today’s guests weren’t afraid to take on a challenge with their first rental property, and it paid HUGE dividends. Not even an expensive market or extensive rehab could stop them from making money an ... Show More
50m 54s