Coach Carson | Buy good investments, not trophy houses! @CoachChadCarson | Uploaded October 2022 | Updated October 2024, 8 hours ago.
My new coaching & learning community, Rental Property Mastery is now LIVE.
Join us here: 👉👉coachcarson.com/RPM-YT
The goal for buy-and-hold rental properties is to maximize long-term profitability and minimize hassle. You’re looking for the sweet spot at the intersection of maximum income, rising prices, and lowest turnover and tenant-issues.
Low-end properties produce a lot of cash flow but also produce a lot of hassle and little appreciation.
High-end properties have low cash flow, sub-par liquidity (i.e. ease of selling), and high turnover/hassle (how many long-term, luxury tenants do you know of?).
But somewhere around the middle (and often 20% below and above median) is the ⭐️sweet spot.⭐️
Unfortunately, there’s no magic formula to translate this sweet spot for every market. And it won’t always be right in the center of the bell curve. Every market is unique, so you’ll have to test and observe the actual numbers and trends in your target rental market.
__________
💲RENTAL PROPERTY ANALYSIS🏘️
My online course teaches EXACTLY how I run the numbers and confidently analyze rental properties that produce cash flow and build wealth (and it includes my actual property analysis spreadsheet!): coachcarson.com/RPA-YT
__________
🧰MY FAVORITE REAL ESTATE & MONEY TOOLS:
👉 American IRA - invest your retirement accounts into alternative investments like real estate, private loans, partnerships, crypto, and more - coachcarson.com/americanIRA-YT
👉 Deal Machine - software to help you buy more real estate deals - coachcarson.com/dealmachine-YT
__________
SUBSCRIBE for more videos about how to retire early with real estate investing!
💥 youtube.com/user/CoachChadCarson?sub_confirmation=1 💰
My new coaching & learning community, Rental Property Mastery is now LIVE.
Join us here: 👉👉coachcarson.com/RPM-YT
The goal for buy-and-hold rental properties is to maximize long-term profitability and minimize hassle. You’re looking for the sweet spot at the intersection of maximum income, rising prices, and lowest turnover and tenant-issues.
Low-end properties produce a lot of cash flow but also produce a lot of hassle and little appreciation.
High-end properties have low cash flow, sub-par liquidity (i.e. ease of selling), and high turnover/hassle (how many long-term, luxury tenants do you know of?).
But somewhere around the middle (and often 20% below and above median) is the ⭐️sweet spot.⭐️
Unfortunately, there’s no magic formula to translate this sweet spot for every market. And it won’t always be right in the center of the bell curve. Every market is unique, so you’ll have to test and observe the actual numbers and trends in your target rental market.
__________
💲RENTAL PROPERTY ANALYSIS🏘️
My online course teaches EXACTLY how I run the numbers and confidently analyze rental properties that produce cash flow and build wealth (and it includes my actual property analysis spreadsheet!): coachcarson.com/RPA-YT
__________
🧰MY FAVORITE REAL ESTATE & MONEY TOOLS:
👉 American IRA - invest your retirement accounts into alternative investments like real estate, private loans, partnerships, crypto, and more - coachcarson.com/americanIRA-YT
👉 Deal Machine - software to help you buy more real estate deals - coachcarson.com/dealmachine-YT
__________
SUBSCRIBE for more videos about how to retire early with real estate investing!
💥 youtube.com/user/CoachChadCarson?sub_confirmation=1 💰
