Real Estate Investing with Coach Carson
Business:Investing
#360: I Made $385k from One Rental – Here's How!
⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: http://coachcarson.com/rpm
🎙️ Episode #360 – This 4-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—not from cash flow!
▶️ Next Episode: How Much Tax I Paid When I Sold a Rental Property
https://youtu.be/SgNXl8eqa2U?si=0TlCsQMqIDJ1uhsD
📄 Show Notes: https://www.coachcarson.com/househackinganalysis/
🎬 Timestamps:
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)
15:27 - Tracking the Appreciating Value of the Property
18:06 - Breaking Down the Numbers (The Return on Value)
22:17 - Analyzing the Internal Rate of Return (IRR)
27:12 - Forecasting the Property's Future Cash Flow
32:45 - How Much Taxes Do You Pay When Selling a Rental Property?
🔗 Coach Carson's House Hack Analysis Spreadsheet:
https://www.coachcarson.com/4plexanalysis
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⚒️ Get my FREE Real Estate Investor Toolkit:
https://www.coachcarson.com/toolkit-pod
🖥️ My Real Estate Courses:
*FREE COURSE* Find Your Focus in Real Estate for Beginners:
https://www.coachcarson.com/fyf
30 Days to a Better Rental Investor:
https://www.coachcarson.com/30days
Creative Financing for Real Estate Investors:
https://www.coachcarson.com/creativefinancing
My Books:
📘 The Small & Mighty Real Estate Investor
📙 Retire Early with Real Estate
https://www.coachcarson.com/books-pod
👋 Connect with Me:
📸 https://www.instagram.com/coachchadcarson
👍 https://www.facebook.com/coachchadcarson
🐦 https://twitter.com/CoachChadCarson
💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine
🌐 For everything else: https://www.coachcarson.com
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