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March 13th, 2024

Becoming a Profitable Landlord With Mark Dolfini (Ep. 34)

  1. Becoming a Profitable Landlord With Mark Dolfini (Ep. 34) Christine Luken 45:54

What does it take to turn a rough start into a triumphant success when investing in real estate? 

Get ready to listen to some of the most valuable lessons for aspiring landlords and real estate investors from Mark Dolfini, founder of Mark Dolfini Strategic Coaching and Landlord Coach.

Financial Dignity® Coach, Christine Luken, welcomes Mark Dolfini, a veteran of the US Marines, author, and a life and business strategist, onto the show today to share his story about becoming a successful real estate investor from a rocky start as a landlord. Mark addresses some common mistakes landlords make, such as underestimating expenses and overestimating income, leading to financial strain and personal stress. He emphasizes the importance of proper property underwriting, strategic planning, and budgeting for expenses like capital expenditures and vacancy rates. Mark gets real about his own plot twists, sharing a personal story of overworking, facing foreclosures, and hospitalization, highlighting the risks of mismanagement. But like any great story, there’s a silver lining! He concludes with advice on creating systems and processes for efficient property management, ensuring landlords can avoid creating unnecessary jobs for themselves and maintain profitability.

Mark talks about: 

  • His experience as a landlord and how he got into the real estate business
  • The most common mistakes landlords make that adversely affect the profitability of their business
  • Tips about being “time-wealthy” for any business owner
  • His VIP Method Course for Landlords
  • And more

Resources:

Connect with Christine Luken: 

Connect with Mark Dolfini:

About Our Guest: 

Mark Dolfini is a Strategic Life and Business Coach and founder of Mark Dolfini Strategic Coaching and Landlord Coach, LLC. Mark has an eclectic background starting from his time as a U.S. Marine. His professional experience includes accounting and banking fields, Commercial Underwriting, Commercial Lending and Loan Review, Residential Property Management, and  Real Estate Investments.

Christine Luken Financial Dignity® Coach

Ready for money to support your happiness, rather than stress you out? Then you need Christine Luken, Financial Dignity® Coach in your corner!

As the Founder of the Financial Dignity® Movement, Christine has coached hundreds of high-earning professionals, business owners, and divorcing women to pay off staggering amounts of debt and massively increase their net worth. The author of three books and host of the Money is Emotional Podcast, Christine blends wise money management with emotional intelligence.

When she’s not coaching clients from her home office in Cincinnati, you can find this member of the National Association of Divorce Professionals curled up with a good book, a fluffy cat, and a strong cup of coffee. You can find her at www.ChristineLuken.com

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