How He Became A Millionaire With Just 3 Rental Purchases With Jon Paddol (Ep 541)
Update: 2025-09-30
Description
Jon Paddol is a regular guy who has quietly built a solid rental portfolio. He started at 24, renting out rooms to friends, and looking back, he wishes he had bought even more properties when he was in his 20s.
On this episode, Jon shares how he transitioned from renting to friends to screening actual tenants, and what that experience taught him.
He also talks about how he only buys properties in a very tight area, close to where he lives, and how this has made managing his properties easier.
We also review Jon's numbers and discuss how the equity he has created has given him many options regarding paying for college for his kids and potential moves he may make with his portfolio in the future.
https://rentalincomepodcast.com/episode541
Thanks To Our Sponsors:
MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's)
Ridge Lending Group - Making investment Mortgage process simple and stress-free.
Rental Accounting Software Made Easy. Free 30 Day Trial.
On this episode, Jon shares how he transitioned from renting to friends to screening actual tenants, and what that experience taught him.
He also talks about how he only buys properties in a very tight area, close to where he lives, and how this has made managing his properties easier.
We also review Jon's numbers and discuss how the equity he has created has given him many options regarding paying for college for his kids and potential moves he may make with his portfolio in the future.
https://rentalincomepodcast.com/episode541
Thanks To Our Sponsors:
MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's)
Ridge Lending Group - Making investment Mortgage process simple and stress-free.
Rental Accounting Software Made Easy. Free 30 Day Trial.
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