Coach Carson | How I Made $358K from One Rental Property @CoachChadCarson | Uploaded September 2024 | Updated October 2024, 1 hour ago.
β Join Rental Property Mastery, my community of rental investors on their way to financial freedom: coachcarson.com/rpm-YT
ποΈ Episode 360 β This four-plex I househacked at 26 was my first major investment. I'll share how I secured financing, made improvements, and navigated the ups and downs of management. Finally, I'll break down how exactly I made $358,000 β not from cash flow!
βΆοΈ Next Video:Β How Much Tax I Paid When I Sold a Rental Property
youtu.be/SgNXl8eqa2U
π Show Notes:Β
coachcarson.com/househackinganalysis/Β
π¬ Topics Covered:
00:00 - Intro: Living Almost for Free at 26 Years Old
00:53 - Where I Got the $$$ for my First House Hack
06:42 - $0 in with the BRRRR Strategy
09:01 - Breaking Down the Numbers (Cash Flow)
15:21 - Tracking the Appreciating Value of the Property
18:00 - Breaking Down the Numbers (The Return on Value)
22:11 - Analyzing the Internal Rate of Return (IRR)
27:00 - Forecasting the Property's Future Cash Flow
32:34 - How Much Taxes Do You Pay When Selling a Rental Property?
π Coach Carson's FREE House Hack Spreadsheet:
coachcarson.com/firsthousehack
________________________________________
βοΈ Get my FREE Real Estate Investor Toolkit:
coachcarson.com/toolkit-yt
π₯οΈ My Real Estate Courses:
[FREE COURSE] Find Your Focus in Real Estate for Beginners:
coachcarson.com/findyourfocus-YT
30 Days to a Better Rental Investor:
coachcarson.com/30days-YT
Creative Financing for Real Estate Investors:
coachcarson.com/creativefinancing-YT
π The Small & Mighty Real Estate Investor (My Book):
coachcarson.com/smallandmighty
π Retire Early with Real Estate (My Book):
coachcarson.com/retirementbook
β Subscribe for more videos about real estate investing:
youtube.com/user/CoachChadCarson?sub_confirmation=1
π Connect with me:
instagram.com/coachchadcarson
facebook.com/coachchadcarson
twitter.com/CoachChadCarson
π° DealMachine β Software to help you buy more real estate deals:
coachcarson.com/dealmachine-YT
π For everything else: CoachCarson.com
Video & Photo Credits β Pexels & Pixabay
β Join Rental Property Mastery, my community of rental investors on their way to financial freedom: coachcarson.com/rpm-YT
ποΈ Episode 360 β This four-plex I househacked at 26 was my first major investment. I'll share how I secured financing, made improvements, and navigated the ups and downs of management. Finally, I'll break down how exactly I made $358,000 β not from cash flow!
βΆοΈ Next Video:Β How Much Tax I Paid When I Sold a Rental Property
youtu.be/SgNXl8eqa2U
π Show Notes:Β
coachcarson.com/househackinganalysis/Β
π¬ Topics Covered:
00:00 - Intro: Living Almost for Free at 26 Years Old
00:53 - Where I Got the $$$ for my First House Hack
06:42 - $0 in with the BRRRR Strategy
09:01 - Breaking Down the Numbers (Cash Flow)
15:21 - Tracking the Appreciating Value of the Property
18:00 - Breaking Down the Numbers (The Return on Value)
22:11 - Analyzing the Internal Rate of Return (IRR)
27:00 - Forecasting the Property's Future Cash Flow
32:34 - How Much Taxes Do You Pay When Selling a Rental Property?
π Coach Carson's FREE House Hack Spreadsheet:
coachcarson.com/firsthousehack
________________________________________
βοΈ Get my FREE Real Estate Investor Toolkit:
coachcarson.com/toolkit-yt
π₯οΈ My Real Estate Courses:
[FREE COURSE] Find Your Focus in Real Estate for Beginners:
coachcarson.com/findyourfocus-YT
30 Days to a Better Rental Investor:
coachcarson.com/30days-YT
Creative Financing for Real Estate Investors:
coachcarson.com/creativefinancing-YT
π The Small & Mighty Real Estate Investor (My Book):
coachcarson.com/smallandmighty
π Retire Early with Real Estate (My Book):
coachcarson.com/retirementbook
β Subscribe for more videos about real estate investing:
youtube.com/user/CoachChadCarson?sub_confirmation=1
π Connect with me:
instagram.com/coachchadcarson
facebook.com/coachchadcarson
twitter.com/CoachChadCarson
π° DealMachine β Software to help you buy more real estate deals:
coachcarson.com/dealmachine-YT
π For everything else: CoachCarson.com
Video & Photo Credits β Pexels & Pixabay