Learn how to analyze a rental property with the unique "four square" method and make sure your next rental property investment is a cash cow! In this video from BiggerPockets.com, Brandon Turner (author of The Book on Rental Property Investing and co-host of the BiggerPockets Podcast) shares with you the step by step method for determining the monthly cash flow and cash on cash return for any rental property investment. Calculating the numbers on a rental property doesn't need to be difficult - and this video proves it.
Views: 1308267 BiggerPockets
Discover our straight-forward and easy to use formula for calculating the numbers on a prospective rental property purchase. Welcome to Hipster’s first how-to video! I’m going to show you how to run quick numbers on a rental property. You can use this easy and fast formula for any property you’re looking at. I'll be behind the scenes doing the calculations on my white board and calculator (yes, it really is that big!) to show you how it works. This is an actual rental property I'm using as an example, including the actual purchase price and numbers. (You have to love my handwriting!) You always want to verify the numbers you run before you buy any property (for example, with a property manager), but it helps to do your homework first. This particular house is in Indianapolis and gets $1,075 in rent. It was built in 2002. Super cute little house: three bedroom, two bath. But all we care about right now is the numbers… Want to know more about the latest deals? Subscribe to our Newsletter: http://goo.gl/41tmRK ----- Are you a responsible professional ages 30-49 and want to make smart investments? Have you thought about real estate investing but ruled it out because it sounded complicated or risky? Do you want to grow your money, but are worried about scams and ripoffs? Are you a cool person who I’d just enjoy saying “hi” to? If you answered "YES" to any of those questions, then we should talk. I help people just like you to find smart, safe, passive real estate investments so your money is working hard for you, even if you lack real estate investing knowledge. If you're cautious or nervous, then I can help you get educated on the best real estate investments possible and guide you towards getting that first investment property under your belt. When the passive income starts flowing, you'll be hooked and be ready for more properties, and I can introduce you to actual high quality deals and partners that I would, and do, actually invest in myself. I promise, I won’t refer you to anyone I haven’t personally bought through myself. (true story)
Views: 376021 Hipster Investments
20 rent houses....how to retire a millionaire.....is a video I want people to watch and understand if they work for asset's and cash flow and not for a boss and a check that anyone can easily retire a multi millionaire with a multiple six figure passive income from cash flow. This is as simple as buying 4 houses a year for the next 5 years. Many people can do this in a year and have done it. Rental houses are a great wealth builder as far as creating generational wealth and are also one of my favorite ways of creating monthly cash flow. Start figuring out how to work for cash flow and you will quickly figure out how to not have to work.... Learn More About Our Home Study Program: Flip Army - How To Flip Houses The Investor Army Way https://info-investorarmy.clickfunnels.com/product-page18241012 Contact us at: [email protected] For More Resources And Opportunities To Take Your Business To The Next Level Go To…… http://www.investorarmy.com/ Visit Our Other Youtube Channel “Investor Army Podcast” For More Videos By Connor Himself https://www.youtube.com/channel/UCmayBtBkxyNVEu5YPNwm2mg Follow Us On….. Facebook: https://www.facebook.com/InvestorArmy/ Twitter: https://twitter.com/Investorarmy Linkedin: https://www.linkedin.com/in/connor-steinbrook-58b2b9a1/ Google+: https://plus.google.com/u/0/108318927307224577838 iTunes: https://itunes.apple.com/us/podcast/investor-army-podcast/id1234085118 Blubrry: https://www.blubrry.com/investorarmypodcast/ Instagram: https://www.instagram.com/investor_army/?hl=en
Views: 106169 Investor Army
Join our Financial Freedom Academy here: www.financialfreedomacademy.com Some people say you can’t make money on low cost properties. They argue that affordable homes are in unsafe neighborhoods, with unstable tenants and high crime. But is this really true? In this video, I’ll share how I’ve reached financial freedom and consistent cash flow through purchasing low cost rental properties. I’ll talk about the economic benefits of purchasing investment properties in C class neighborhoods, and the importance of ROI. You’ll learn exactly how you can earn a passive income through purchasing low cost rental properties. You’ll also learn the significance of starting with a goal in mind and how to focus on cash flow. Watch this video to discover why purchasing low cost rental homes is the best decision you could make! BOOK A FREE CALL WITH OUR TEAM TODAY AT MORRIS INVEST: https://goo.gl/DNIIh0 CHECK OUT OUR OTHER GREAT VIDEO PLAYLISTS LIKE: VIDEOS ABOUT TURNKEY REAL ESTATE INVESTING: https://goo.gl/1bGEhB OR VIDEOS ABOUT GETTING STARTED IN REAL ESTATE https://goo.gl/dPfWeY OR VIDEOS ABOUT REAL ESTATE NEWS https://goo.gl/m1b3U8 SUBSCRIBE AND JOIN OUR AWESOME COMMUNITY: https://goo.gl/Polf6I LISTEN TO THE PODCAST: iTunes: https://goo.gl/vM969n FOLLOW ME ON SOCIAL MEDIA: Twitter: http://www.twitter.com/claytonmorris Facebook: https://www.facebook.com/MorrisInvest Instagram: https://www.instagram.com/claytonmorris
Views: 201978 Morris Invest
Learn how to balance rental properties to build a strong, profitable portfolio.
Views: 27498 REI360 Net
Should we rent or buy a house in India? Is renting really waste of money? Rent vs Buy a Home Calculator would make the decision of renting vs buying a home easier. When you want to invest in property or real estate, you have to think long term. Home ownership involves mortgage or home loan, so buying a house would make sense only in the long term. Renting can be beneficial in the short term. Rent Vs Buy Calculator: https://drive.google.com/open?id=1M-UPt2_EYdD4RRxMFXHjhWrZTVybq3Fj Share this Video: https://youtu.be/x2lZbfTJ6t8 हमें इंडिया में घर किराए पर लेना चाहिए या खरीदना चाहिए? क्या रेंटिंग पैसे की बर्बादी होती है? Rent vs Buy कैलकुलेटर आपके घर किराये पर लेने या खरीदने के निर्णय को और भी आसान बना देगा। जब आप प्रॉपर्टी या रियल एस्टेट में निवेश करना चाहते हैं, तो आपको दीर्घकालिक सोच रखनी चाहिए। होम ओनरशिप में मॉर्टगेज या होम लोन शामिल होता है, इसलिए घर खरीदने का सेंस सिर्फ लॉन्गटर्म में ही बनता है। जबकि शॉर्ट टर्म में रेंटिंग फायदेमंद हो सकती है। Subscribe To Our Channel and Get More Finance Tips: https://www.youtube.com/channel/UCsNxHPbaCWL1tKw2hxGQD6g To access more learning resources on finance, check out www.assetyogi.com In this video, we have explained: How to decide whether you should rent or buy a home? Which factors should be considered before buying or renting a home? How to use rent vs buy calculator to make renting or buying home decision? When it's better to buy a home instead of renting a home? In which case renting a home is better compared to buying a home? What are the favorable factors of renting a home? What are the benefits of owning or buying a home? Which qualitative factors you should consider while thinking about buying or renting a home? You can use the Rent vs Buy Calculator to calculate the financial merits and demerits of buying or renting a home to help you make a firmer decision according to your requirements and circumstances. You should also consider the qualitative factors for the options of renting and buying a home before making a decision. Make sure to Like and Share this video. Other Great Resources AssetYogi – http://assetyogi.com/ Follow Us: Twitter - http://twitter.com/assetyogi Instagram - http://instagram.com/assetyogi Google Plus – https://plus.google.com/+assetyogi-ay Facebook – https://www.facebook.com/assetyogi Linkedin - http://www.linkedin.com/company/asset-yogi Pinterest - http://pinterest.com/assetyogi/ Hope you liked this video about “Rent vs Buy a Home”.
Views: 534600 Asset Yogi
In the game of real estate, we get to encounter bird dogs and realtors saying "I've got a good deal!" But how do we really know if it is or not? That's why Kris is here with us. There are 2 things to consider when you're doing a comparable market analysis: 1. Proximity 2. Homes that are similar Watch and Enjoy! Kris Krohn & Nate Woodbury WORK WITH KRIS: ======================== Becoming a successful real estate investor is easier than most people know… as long as you have the right Mentor and the right system. Click here to learn your best options: http://LimitlessMentor.com/TV/ BOOKS By Kris Krohn ======================== The Straight Path To Real Estate Wealth: http://limitlessmentor.com/TV The Conscious Creator: http://amzn.to/2gFEkblLimitless: http://amzn.to/2gLQXoV Be On Limitless TV ======================== Record your questions on video, and join me in a future episode: http://bit.ly/2yO78c7 MUSIC ======================== Tobu - Infectious https://www.youtube.com/watch?v=ux8-EbW6DUI Artist: https://www.youtube.com/tobuofficial Licensed under Creative Commons — Attribution 3.0 Unported— CC BY 3.0 ======================== Video by Nate Woodbury (The Hero Maker) BeTheHeroStudios.com http://YouTube.com/NateWoodburyHero
Views: 80881 Kris Krohn
If you've ever wondered why some people think renting is better than owning, here's the explanation behind how that can be true.
Views: 3422542 The Globe and Mail
Looking to invest in rentals? Well, if you don’t have the right math going into a property, you’ll never get the right profit coming out of it! That’s why in this video I’m going to show you how to quickly, easily, and correctly analyze a rental property for it’s cash flow potential. We’ll dive deep into a real-life property that popped up on the MLS today and I’ll show you the exact steps I use to decide how much to offer. Enjoy!
Views: 277939 BiggerPockets
How do you buy multiple investment properties. This is the big secret to using real estate to build real wealth. When I bought my very first house, my mentor taught me to do 3 specific things. I followed his instructions exactly. Because I did those 3 things exactly, I was able to buy a second property, and a third, and a forth. Watch this video and you'll learn what those things are, and learn from my experience. If you go into real estate, you want to do it right so you can buy multiple properties. Watch and Enjoy! Kris Krohn & Nate Woodbury WORK WITH KRIS: ======================== Limitless 3 Day Event: http://bit.ly/2j5r8wM Get Personal Mentoring: http://bit.ly/2lPGp9d Partner on Property with Kris: http://bit.ly/2lPGp9d Real Estate Investing Help: http://bit.ly/2lPGp9d Free Real Estate Audiobook: http://bit.ly/2oiORxy Free Conscious Creator Audiobook: http://bit.ly/2sZmaYU EQUIPMENT ======================== Camera: http://amzn.to/2oRnnAA Favorite Lens: http://amzn.to/1QEqTF4 External Mic: http://amzn.to/1Sx8Jq0 Camera Backpack: http://amzn.to/2oy5JAR MUSIC ======================== Tobu - Infectious https://www.youtube.com/watch?v=ux8-EbW6DUI Artist: https://www.youtube.com/tobuofficial Licensed under Creative Commons — Attribution 3.0 Unported— CC BY 3.0 Support This Channel: ======================== ==SUBSCRIBE== http://bit.ly/1TOqKBN ==LIKE== Your "Likes" help more people find our videos. ==COMMENT== Comment and ask Questions ==PATREON== https://www.patreon.com/REInvestorTV ==AMAZON== Any time you plan on making a purchase on Amazon, visit one of my videos first, and click one of the 'amzn' links above. Then, anything you navigate to and purchase in the next 24 hours on Amazon, will give this channel a small percentage. Thanks for your support!!! ======================== Video by Nate Woodbury (The Hero Maker) BeTheHeroStudios.com http://YouTube.com/NateWoodburyHero
Views: 119348 Kris Krohn
What every landlord should know about property management ideally, before you buy your first rental property.
Views: 328399 Phil Pustejovsky
Financing rental properties the right way is a video about the two most commonly used ways to finance rental properties for real estate investors. The first way to finance a rental property is Investor A who purchases a $100,000 property and leaves $20,000 in the deal. He starts with $100,000 capital to invest. After 5 houses leaving in $20,000 this investor will run out of money. Investor B finances his rental properties using the BRRRR method which stands for Buy Rehab Rent Refinance Repeat. You are buying a house at a discounted rate and then forcing the appreciation upwards and value up to where the house is appraised at $100,000. So say you bought it for $50,000 then had $20,000 in repairs and then $10,000 in carrying, financing, and closing costs your total liability is now $80,000. The bank will lend you $80,000 or 80% of the $100,000 appraised value loan to value. Now you have a financed house and your original capital to reinvest. You can do as many rent houses as you want now. financing rental properties I buying rentals I rental properties I landlords I financing houses I cash flow I rent houses I Connor Steinbrook I Investor Army I calculating rental numbers. Learn More About Our Home Study Program: Flip Army - How To Flip Houses The Investor Army Way https://info-investorarmy.clickfunnel... Contact us at: [email protected] For More Resources And Opportunities To Take Your Business To The Next Level Go To…… http://www.investorarmy.com/ Visit Our Other Youtube Channel “Investor Army Podcast” For More Videos By Connor Himself https://www.youtube.com/channel/UCmay... Follow Us On….. Facebook: https://www.facebook.com/InvestorArmy/ Twitter: https://twitter.com/Investorarmy Linkedin: https://www.linkedin.com/in/connor-steinbrook-58b2b9a1/ Google+: https://plus.google.com/u/0/108318927307224577838 iTunes: https://itunes.apple.com/us/podcast/investor-army-podcast/id1234085118 Blubrry: https://www.blubrry.com/investorarmypodcast/ Instagram: https://www.instagram.com/investor_army/?hl=en
Views: 105631 Investor Army
Learn to budget, beat debt, & build a legacy. Visit the online store today: https://goo.gl/GjPwhe Subscribe to stay up to date with the latest videos: http://www.youtube.com/user/DaveRamseyShow?sub_confirmation=1 Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, and Chris Hogan, Christy Wright and Chris Brown —as well as all kinds of other video pieces that we'll unveil every day. The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!
Views: 148133 The Dave Ramsey Show
As an investor, buyer, or wholesaler, finding a good deal in Real Estate can be time consuming and nearly impossible in a seller’s market, but it’s totally doable. These are a few of the top strategies I use to find the best deals and possibly find some off-market opportunities in real estate. Add me on Snapchat/Instagram: GPStephan Learn how to make money as a Real Estate Agent, build your network of clients, and the exact steps I’ve used to grow my business from $0 to over $120 million in sales: $50 off with code ThankYou50 for a limited time: https://goo.gl/UFpi4c First, you need to see EVERYTHING you can on the market. Everything. You won’t be able to know a good deal if you don’t already know everything else on the market and what it’s selling for. Without a solid foundation of how one home compares to another, you won’t be able to realize a home’s true value. Next, see homes as soon as they come on the market. You should be getting notified hourly about every new home that comes up or reduces its price. If something comes up that looks interesting, go and see it immediately. If it’s a good deal, which you’ll know by seeing everything else on the market, write an offer immediately. You should also focus on listings which have been on the market for a long time that people may have forgotten about. Sometimes these listings get overlooked, and sometimes the owner is extremely motivated to sell but won’t want to reduce their price quite yet. Ignore how the pictures look - sometimes great listings have the worst pictures, and the worst listings have the best pictures. Instead, focus on the location, square footage, condition, and price. When trying to find a property off market: Don’t be afraid to go door-to-door. Unfortunately it’s time consuming and many times nothing will pan out, however if you find the one home that will sell at a reasonable price, all of your time spent will be worthwhile. You can also send letters out to everyone in a particular area asking if they would sell. This can be expensive and time consuming depending on how many you send out, but one deal will pay for itself, plus some. Finally, looking through past listings which never sold could be a good option. You know they thought of selling at some point, so there’s a higher likelihood they’ll still sell. With these above options, you’ll have a great chance at finding a good deal - even in a seller’s market. I use these same strategies above and it’s worked very well, both for myself and for my clients. For business inquiries, you can reach me at [email protected] Suggested reading: The Millionaire Real Estate Agent: http://goo.gl/TPTSVC Your money or your life: https://goo.gl/fmlaJR The Millionaire Real Estate Investor: https://goo.gl/sV9xtl How to Win Friends and Influence People: https://goo.gl/1f3Meq Think and grow rich: https://goo.gl/SSKlyu Awaken the giant within: https://goo.gl/niIAEI The Book on Rental Property Investing: https://goo.gl/qtJqFq
Views: 49718 Graham Stephan
You need to get these from the seller before you can begin to value commercial real estate. It is critical that they be accurate as they are what determines your Net Operating Income (NOI). Google Great Rock Real Estate To learn more about us on Facebook, Twitter and our website. Looking for off market deals? We may be able to connect you with sellers. Great Rock Real Estate Denver Colorado http://www.greatrock1.com
Views: 324 Great Rock Real Estate
Click http://www.empireindustriesllc.com/ today to visit Empire Industries for the best in #PropertyManagementinHouston. To view our available listings, go to http://www.empireindustriesllc.com/houston-homes-for-rent today! You can also call us or visit our office at: Empire Industries Houston LLC 5225 Katy Frwy #495 Houston, TX 77007 (888) 866-6727 http://www.empireindustriesllc.com/ In this video, Steve Rozenberg, owner and co-founder of Empire Industries Property Management and Realty Services, talks about what adds value to your rental properties. As investors, we always want to know what we are spending our money on and how much can we get back for it. When you own a rental property, you want to think about getting at least a dollar or two back from it over time. Investing is not something that is easily done, and you really have to think about whether or not the expenses are necessary or not. The rule is never to spend too much money on something that is not necessary because not all home improvements can add value to your property. You should also think about what particular home improvements are likely to add value--a new air-conditioning unit perhaps? New switch plates make a huge difference believe it or not. You can also think about installing newer fixtures, door handles and sinks. Nice, colorful flowers in the yard can also get you a higher return for your property. Make changes to things that people can actually see and notice, rather than on things they are never going to see. Lastly, remember that it's a business. If you put a dollar in, you should at least get a dollar or two back from it. If it's not doing that, you have to ask yourself why you are doing this. Are you doing it because you would you do the same for the home you live in or is it all just for investment? If you have further questions, would like to see our available #HoustonHomesforRent or want more ideas on how to add value to your rentals, please don't hesitate to call us or visit our website. Thanks for watching! Experience professional Houston property management with us at #EmpireIndustries! Learn more about us at http://www.empireindustriesllc.com/our-company or learn more about Houston property management here: http://www.empireindustriesllc.com/houston-property-management. Your reviews help keep our business thriving. Please take a moment and share your experience at https://plus.google.com/+EmpireIndustriesLLCHouston. This video tour is edited and optimized by http://virtuallyincredible.com/, offering video training and outsourcing solutions for property managers around the world.
Views: 108 Empire Industries LLC
Ever wondered how so many people seem to avoid paying taxes…legally, of course, when investing in real estate? Want to know how YOU can avoid paying taxes, legally? Here’s how - enjoy! Add me on Snapchat/Instagram: GPStephan Join the private Real Estate Facebook Group: https://www.facebook.com/groups/therealestatemillionairemastermind/ Get $50 OFF + FREE Coaching Call FOR A LIMITED TIME: Code THANKYOU50 - The Real Estate Agent Academy: Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $120 million in sales: https://goo.gl/UFpi4c Number 1: The first is that pretty much anything in real estate that relates to your business is a write off against your income. Just about anything you related to the income you make on a rental property is a BUSINESS expense, and that’s subtracted from your total income - and you pay less taxes. Number 2: Depreciation. This is probably THE best write off in real estate. This is often how people can make thousands of dollars in profit every month, but on PAPER, they’re claiming they LOST money. In some circumstances you can even use this loss to offset other income you made! Number 3: This is probably the most well known, and probably one of the coolest write offs in real estate… but for those who aren’t familiar with it, this is the 1031 Exchange. One of the benefits of investing in real estate is that you can INDEFINITELY defer paying taxes when you sell a property, and “exchange” it for another property to avoid paying tax on your profit. Number Four: This would apply to most of you watching, especially if you own your own home, is the capital Gains exclusion. This capital gains exclusion means that you can make $250,000 TAX FREE PROFIT if you’re single, and $500,000 TAX FREE PROFIT if you’re married when you own a primary residence and have lived there for 2 of the last 5 years. Number 5: There’s no tax on appreciation until you sell. This is similar to owning a stock that goes up in value, you don’t pay taxes on that stock until you actually sell…until then, any profit you’ve made is called an “unrealized gain.” Same thing in real estate. If the property goes up in value 5% annually, your net worth goes up without you owning a dime in taxes. Number 6: The cash-out refinance and HELOC, which stands for Home Equity Line Of Credit. The benefit of this is that you get access to your money, totally tax free, without technically “making” money. In the eyes of the IRS, you don’t pay tax until you actually sell…and because you don’t sell, you don’t owe any tax. Same principle applies to a HELOC. All of the money you pull out is tax-free since technically it’s a loan and you need to pay it back. Number 7: Rental income doesn’t pay self employment taxes, which consists of social security and medicare taxes. This means that rental income, right off the top, is taxed 6.2% LESS than that same income you’d make from you job - or 15.3% less if you’re self employed, not even including all the deductions, tax write offs, depreciation…so you can see, real estate is a good way to make some money ;) Number 8: Mortgage interest deduction. Now this is a great one that not only applies to rental properties, where you simply just use that as an expense against rental income, but this also applies to your personal residence. The IRS says that you can deduct the interest you pay on up to $750,000 of your mortgage against your earned income, lowering the amount of taxes you’d owe. Finally…number 9…the holy grail for real estate people…is the title called “Real Estate Professional.” Becoming a “real estate professional” opens up a lot of advantages. The biggest advantage of being a real estate professional is that you can use your PAPER LOSSES to OFFSET other earned income! Remember: this is not financial advice, and CONSULT A CPA for any of your specific tax questions. Everyone is different and it’s important to hire someone for your own specific tax advice and needs. For business inquiries or paid one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at [email protected] Suggested reading: The Millionaire Real Estate Agent: http://goo.gl/TPTSVC Your money or your life: https://goo.gl/fmlaJR The Millionaire Real Estate Investor: https://goo.gl/sV9xtl How to Win Friends and Influence People: https://goo.gl/1f3Meq Think and grow rich: https://goo.gl/SSKlyu Awaken the giant within: https://goo.gl/niIAEI The Book on Rental Property Investing: https://goo.gl/qtJqFq Favorite Credit Cards: Chase Sapphire Reserve - https://goo.gl/sT68EC American Express Platinum - https://goo.gl/C9n4e3
Views: 123049 Graham Stephan
Morris Invest: Rental Property Tax Deductions My mentor in real estate investing once said "if you invest in real estate and you're paying taxes then you're doing it wrong." In this video the team at Morris Invest is walking through ten tax deductions that you can take today if you're a real estate investor. DOWNLOAD our FREE Freedom Number Cheatsheet here: https://morrisinvest.com/freedom-youtube VIDEOS ABOUT GETTING STARTED IN REAL ESTATE https://www.youtube.com/playlist?list=PLZdhTWJ6Yawp1LPllyyeQho_ouMhrbOy6 VIDEOS ABOUT REAL ESTATE NEWS https://www.youtube.com/playlist?list=PLZdhTWJ6Yawp7aUQgMPmAanHSYgP-UI0i SUBSCRIBE AND JOIN OUR AWESOME COMMUNITY: https://www.youtube.com/c/MorrisInvest BOOK A CALL WITH OUR TEAM TODAY AT MORRIS INVEST: http://www.morrisinvest.com LISTEN TO THE PODCAST: iTunes: https://itunes.apple.com/us/podcast/investing-in-real-estate-clayton/id1115024566?mt=2 FOLLOW ME ON SOCIAL MEDIA: Twitter: http://www.twitter.com/claytonmorris Facebook: https://www.facebook.com/MorrisInvest Instagram: https://www.instagram.com/claytonmorris
Views: 126224 Morris Invest
How can you work out the maximum rent for your property? Rent values change all the time and in one sentence the maximum rent you can achieve is determined by demand, supply and the quality of the property. Here are the five key points you need to consider when setting the rent. 1) What is the market doing? 2) How are similar properties performing? 3) The quality of your property 4) Finding the right advice 5) Being flexible
Views: 170 Finders Keepers
How to Refinance a Rental Property Have you ever wondered how to refinance a rental property in order to exponentially grow your portfolio and increase your cash flow? If so, today’s video is for you! I’m going to explain exactly how to pull the equity out of your real estate investments. In this video, I’ll walk you through the four steps you need to put in action in order to refinance your rental property. I’ll talk about identifying the right bank, finding the right loan, and more! You’ll learn exactly what you need to do to refinance, and how to find your best options. You’ll also learn how much to expect from your refinance, and the importance of shopping for your financial product locally. How to Hire an Appraiser: https://goo.gl/i5Z6mX How to Fight a Bad Appraisal: https://goo.gl/nUv6va BOOK A FREE CALL WITH OUR TEAM TODAY AT MORRIS INVEST: https://goo.gl/DNIIh0 CHECK OUT OUR OTHER GREAT VIDEO PLAYLISTS LIKE: VIDEOS ABOUT TURNKEY REAL ESTATE INVESTING: https://goo.gl/1bGEhB OR VIDEOS ABOUT GETTING STARTED IN REAL ESTATE https://goo.gl/dPfWeY OR VIDEOS ABOUT REAL ESTATE NEWS https://goo.gl/m1b3U8 SUBSCRIBE AND JOIN OUR AWESOME COMMUNITY: https://goo.gl/Polf6I LISTEN TO THE PODCAST: iTunes: https://goo.gl/vM969n FOLLOW ME ON SOCIAL MEDIA: Twitter: http://www.twitter.com/claytonmorris Facebook: https://www.facebook.com/MorrisInvest Instagram: https://www.instagram.com/claytonmorris
Views: 59139 Morris Invest
What is the rent-to-value ratio and how do you calculate it? This metric helps you evaluate the performance of a rental property. In this video, I'll give you a 2019 real estate market update with what's happening in the linear and cyclical markets regarding inventory. Then, I'll tell you what a good percentage is for the rent-to-value ratio. And we'll discuss an example using a pro-forma. Next, you'll learn the importance of treating income property as as multi-dimensional asset class. And I'll talk about why cap rate is not my favorite metric. Finally, I'll discuss the truth about the kind of return you really can get on higher quality properties vs. cheap ones. Remember, the property must make sense the day you buy it. No speculation! Learn More: https://www.jasonhartman.com/ Have questions or topics you want me to do a video on? Let me know in the comments below. If you love real estate investing, SUBSCRIBE!
Views: 140 Jason Hartman
Want More Wealth? For a limited time, download my free E-Book on this at: http://www.GetRichEducation.com/Book Listen to all of our shows with the Get Rich Education listener app! Apple | Android. __ Know your rent to value ratio when considering an income property investment.
Views: 344 Get Rich Education
http://actionproperties.net/2012/11/13/how-to-calculate-rental-value-for-your-next-investment-property-in-roseville/ Before investing in Roseville investment property, it's important to understand how to properly calculate rental value. Determining the right amount to charge tenants isn't easy and landlords don't have the luxury of charging however much they want. There's a lot to consider and it's wise to do some research before deciding on a value. Don't estimate when it comes to charging rent. In order for an investment to be profitable, landlords have to price their unit accordingly. If rent is set too high, a unit will likely remain on the market. On the flip side, if rent is set too low, the owner can end up in a difficult financial position. So, how do you calculate the unit's fair market rent? Here are some general steps property owners can use to help determine the rent for their unit without scaring away potential renters. Location Rents typically vary depending on the location of a property and it's important to keep that in mind when investing in a rental home. Fortunately for homeowners in...
Arlington VA real estate agent and Realtor Matt Leighton goes through 7 common mistakes that people are making when they submit an application to rent a property. Subscribe for more real estate videos -- http://www.youtube.com/subscription_center?add_user=themattleighton Real Estate Continuing Education Online Classes: https://goo.gl/Cr4Tpf Looking for a real estate agent in your city? I have a network of top producing agents around the country. Email me and I can put you in contact with an agent in your area [email protected] -- Find Matt here: https://instagram.com/TheMattLeighton https://www.snapchat.com/add/mpleighton https://www.facebook.com/TheMattLeighton https://twitter.com/TheMattLeighton https://www.linkedin.com/in/TheMattLeighton -- Arlington VA real estate for sale: rhlarlington.c21redwood.com -- 7 Rental Application Mistakes You Are Making: 0:45 - Negotiating before applying. 1:57 - Applying too far out. 3:56 - Not knowing your move-in date. 5:55 - Not including your SSN. 6:49 - Not explaining any credit issues. 8:20 - Not having the first month of rent ready 10:12 - Not knowing how many roommates you have -- MY EQUIPMENT LINKS TO AMAZON The camera I use - https://goo.gl/3n13gS The lens I use - https://goo.gl/hS8a1s The mic I use - https://goo.gl/kSeu8J The memory card I use - https://goo.gl/t4wdXj The camera flash I use - https://goo.gl/pi2gmj The gimbal I use - https://goo.gl/xKMj8t The gorilla pod I use - https://goo.gl/jLLL5q The intervalometer I use - https://goo.gl/EV2KWo The iPad I use - https://goo.gl/G9onPp Business inquires [email protected] These tips are mostly based on Virginia rental applications. While your state may have the same or similar procedures, be sure to check with your local real estate agent on the best way to apply for a rental property. -- Matt Leighton - Arlington VA Real Estate Agent Matt [at] Orange Line Condo dot com Century 21 Redwood Realty 1934 Wilson Blvd Arlington, VA 22201 https://youtu.be/zXO2nCK29lI
Views: 40966 Matt Leighton
========================================================Get updated news @ https://thakurani.in/kanishka-mehta.466/
Views: 250 Thakurani
A quick description of Net Operating Income, Capitalization Rate, and Price - What they are, how they interact with each other, how to use them, etc. If I have made any mistakes, or omitted what seems like important relevant info then please message me or leave a comment! http://relevantproperties.com
Views: 150877 InvestRelevant
Here’s #how to #make #money on airbnb. Arbitrage. The usual argument: Do I invest for cash flow or for equity when buying my first Airbnb property. The answer is neither. If you want to make a lot of money on Airbnb watch this tutorial for Airbnb hosts on the strategy for renting properties to build your Airbnb business. Some will call this rental arbitrage. No need to make it fancy. Just fast and simple facts. Request a consulting call Http://Clarity.fm/venom Airbnb Automated is committed to providing you the best airbnb advice possible, real airbnb hosting tips, airbnb strategies that you can apply, and short term rental reports and news in real time as we discover information that you need to know. We hope to be your number 1 source for Airbnb instruction. Tell us what you want us to teach you below in the comments! - Sean Rakidzich MORE VIDEOS: Airbnb Hosting trick you MUST master - https://youtu.be/yv5JXzzT0CM Airbnb Pro Tips: Bedroom and Bathroom https://youtu.be/X3z7kQGH-Zo Are Your Airbnb Hosting Costs Out of Control?? https://youtu.be/EhqOfD0tKxA Tips For Guests: How To Be a 5 Star Guest https://youtu.be/4rk6kQR55Cw PLAYLIST - Airbnb MBA Course Everything you need to know to run an Airbnb Business https://www.youtube.com/playlist?list=PLjdl1yk0inrXd4CdGgAexZfEk3sWA108W Thinking of hosting? www.airbnb.com/r/srakidzich
Views: 271309 Airbnb Automated
Here are the places where you can pick up rented furniture from to furnish anything from a single room or to an entire house. Watch full video: http://www.ndtv.com/video/property/the-property-show/top-5-rental-hotspots-in-gurgaon-439300?yt Download the NDTV news app: https://play.google.com/store/apps/details?id=com.july.ndtv&referrer=utm_source%3Dyoutubecards%26utm_medium%3Dcpc%26utm_campaign%3Dyoutube
Views: 101 NDTV Profit Shows
Are you trying to look for a cheap property that's on sale? In this video, Kris shares a very simple system wherein you can find the best deals that will make you win in the game of real estate. WORK WITH KRIS: ======================== Becoming a successful real estate investor is easier than most people know… as long as you have the right Mentor and the right system. Click here to learn your best options: http://LimitlessMentor.com/TV/ BOOKS By Kris Krohn ======================== The Straight Path To Real Estate Wealth: http://limitlessmentor.com/TV The Conscious Creator: http://amzn.to/2gFEkblLimitless: http://amzn.to/2gLQXoV Be On Limitless TV ======================== Record your questions on video, and join me in a future episode: http://bit.ly/2yO78c7 MUSIC ======================== Tobu - Infectious https://www.youtube.com/watch?v=ux8-EbW6DUI Artist: https://www.youtube.com/tobuofficial Licensed under Creative Commons — Attribution 3.0 Unported— CC BY 3.0 ======================== Video by Nate Woodbury (The Hero Maker) BeTheHeroStudios.com http://YouTube.com/NateWoodburyHero
Views: 121488 Kris Krohn
For more information on this subject, or for any commercial real estate related questions or information, you’re invited to call Michael Bull at 404-876-1640 x 101.
Views: 84 America's Commercial Real Estate Show
MeetKevin and I discuss the five most profitable renovations you can do when investing in Real Estate to get the highest return possible, whether it’s a rental or flip…Enjoy! Add me on Instagram/Snapchat: GPStephan AMAZING LED LIGHT-UP TOILET GADGET (MUST HAVE 2018): https://amzn.to/2JRKO7R Join the private Real Estate Facebook Group: https://www.facebook.com/groups/therealestatemillionairemastermind/ The Real Estate Agent Academy: Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $120 million in sales: https://goo.gl/UFpi4c MeetKevin’s Channel: https://www.youtube.com/user/KevinPaffrath MeetKevin’s IG: RealMeetKevin The Most Profitable Home Renovations: First: Kitchen. This is often the first thing people look at when checking out a new property. Opening the kitchen and creating an open floor plan is often the easiest “bang for the buck,” but renovating a kitchen doesn’t need to be expensive. Oftentimes painting existing cabinetry and changing the hardware can be sufficient. Sale sections at Home Depot also work well! Second: Flooring. Luxury Laminate Flooring is essential, especially in a rental. When flipping real estate, it’s OK to go higher end with real hardwood floors depending on the area - but for a rental, most laminate flooring is just as good, cheaper, and more durable. Third: Bathrooms. Again, this doesn’t need to be overly expensive. New vanities are fairly inexpensive. You can often keep existing tile and re-glaze it a different color to make it more modern. Fourth: Lighting. Add recessed lighting - It makes a massive difference. If you have popcorn / acoustic ceilings, scrape them and add recessed lighting at the same time to save on labor. Dimmable lights also go a long way. Fifth: Landscape. This is frequently overlooked but it’s an easy way to add to the curb appeal on your home and stand out from everything else. For a rental property, DO NOT plant intricate landscape that tenants could neglect. Instead, chose tenant-proof landscape options: gravel, mulch, and low-maintenance greenery. Succulents are great. Sixth Bonus Tip: Baseboard. 4” baseboard around the new floors and around windows/doors adds a sophisticated, upscale vibe to the home for an extremely inexpensive price. For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at [email protected] Suggested reading: The Millionaire Real Estate Agent: http://goo.gl/TPTSVC Your money or your life: https://goo.gl/fmlaJR The Millionaire Real Estate Investor: https://goo.gl/sV9xtl How to Win Friends and Influence People: https://goo.gl/1f3Meq Think and grow rich: https://goo.gl/SSKlyu Awaken the giant within: https://goo.gl/niIAEI The Book on Rental Property Investing: https://goo.gl/qtJqFq Favorite Credit Cards: Chase Sapphire Reserve - https://goo.gl/sT68EC American Express Platinum - https://goo.gl/C9n4e3
Views: 87388 Graham Stephan
This week I answer a question about whether to furnish a property or not, and whether it can impact the property's value. Please feel free to Like, Favourite and Subscribe! Here’s to successful property investing! Peter Jones B.Sc FRICS Chartered Surveyor, author and property investor. http://www.ThePropertyTeacher.co.uk PS. By the way, I’ve rewritten and updated my best-selling e-book, The Successful Property Investor’s Strategy Workshop, which is an account of how I put together my multi-property portfolio, starting from scratch and with no money of my own, and how you can do the same. For more details please go to: http://www.thepropertyteacher.co.uk/the-successful-property-investors-strategy-workshop/
Views: 258 The Property Teacher: Peter Jones
Discover the hidden dangers of investing in Condos, Townhomes and Single Family Houses that are in Associations. You'll learn the pitfalls of buying real estate that is controlled by HOAs (also known as homeowners or condo associations) as well as how to navigate those challenges and still profit from HOA controlled deals. This is a must watch video for anyone considering purchasing a condo, townhome or single family home that has an Association.
Views: 123508 Phil Pustejovsky
In the last 15 years, one in three Detroit properties have been foreclosed on. When most people think of foreclosure, they think of people who can’t afford to pay off their mortgages. But in Detroit, it’s often the result of people struggling to pay their property taxes. One big reason is that, in the years after the Great Recession, the city went bankrupt and failed to lower property assessments far enough to account for the impact of the housing crisis. While the value of residents’ homes fell, their taxes remained inordinately high, and tens of thousands of people fell so far behind on their inflated tax bills that the county seized their homes and sold them off at annual auctions. In recent years, the city and county have lowered assessments and offered reduced interest rates to some homeowners. But they have no plans to stop punishing those who were overcharged in the past. VICE News followed this year’s tax foreclosure auction and investigated how the county financially benefits from the process. As Detroit touts its comeback and celebrates its success in climbing out of the largest municipal bankruptcy in American history, many of the city’s residents remain on the brink of displacement. This segment originally aired December 7, 2017, on VICE News Tonight on HBO. Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News Check out VICE News for more: http://vicenews.com Follow VICE News here: Facebook: https://www.facebook.com/vicenews Twitter: https://twitter.com/vicenews Tumblr: http://vicenews.tumblr.com/ Instagram: http://instagram.com/vicenews More videos from the VICE network: https://www.fb.com/vicevideo
Views: 1232410 VICE News
More information on my fifth rental property here: https://investfourmore.com/2016/06/21/i-sold-rental-property-number-five/ You can sign up for my email list and free eBook here: https://investfourmore.com/real-estate-investor-email-subscription/ I have not purchased any rental properties since September of 2015. I had 16 rentals at one point, but recently sold my fifth rental property. I sold the house because it was tough to rent and had a wierd floor plan. The house was bought for $88,000 in 2012 and I sold it for $199,500 in June of 2016. The home was rented for $1,250 to the same tenants the entire time I had it. I could have maybe raised rents to $1,400 with new tenants. The reason I sold this property is the rent to value ratio is so low. The home is worth $200,000 and it only rents for $1,400. This is in large part due to rising house prices in Colorado. I am not buying rentals in Colorado for the time being because it is so hard to cash flow. I am looking to buy in Florida, but have not pulled the trigger yet. My flipping business has been my focus this summer as I have 11 flips going. Be sure to leave a review on Amazon for my books to enter my contest to win a coaching program valued up to $997. Leave a review and email me letting me know so I can get you entered. [email protected] . My books are here: http://www.amazon.com/Mark-Ferguson/e/B00FP1LZ1C
Views: 4299 Mark Ferguson - InvestFourMore
Why Rent Agreements are Usually of 11 Months Only | By Ishan [Hindi] If you have ever put a property on rent or have lived in a rented house, you must have signed a rent agreement. Have you ever wondered why most rent agreements are for a duration of 11 months? Often, neither landlords nor tenants and not even the real estate agents know why this is so. Let’s find out. The rent agreement: Also known as a lease agreement, the rent agreement is a written contract between the owner of a property (the landlord) and the tenant who takes it on rent. The agreement specifies the terms and conditions based on which the property is let-out, such as: description of the property (address, type and size), monthly rent, security deposit, purpose for which property can be used (residential or commercial), and duration of the agreement. Its terms and the conditions can be negotiated but after it is signed, it is binding on both the landlord and tenant. It also specifies the conditions under which the agreement can be terminated. Why 11 months: Most rent agreements are signed for 11 months so that they can avoid stamp duty and other charges. According to the Registration Act, 1908, the registration of a lease agreement is mandatory if the leasing period is more than 12 months. If an agreement is registered, stamp duty and registration fee needs to be paid for it. For instance, in Delhi, for a lease of up to five years, the stamp paper cost is 2% of the total average annual rent of a year. Add a flat fee of Rs100, if a security deposit is part of the agreement. For a lease of more than 5 years but less than 10 years, it is 3% of the value of the average annual rent of a year. For 10 years and more but less than 20 years, it is 6% of the value of average annual rent of a year. The stamp paper can be in the name of the tenant or the landlord. In addition, a flat registration charge of Rs1,100 is also to be paid by demand draft (DD). If a property is let out for 24 months at a monthly rent of Rs20,000 for the first 12 months and Rs22,000 a month for the subsequent 12 months. The charges for registering this agreement would be: 2% of the average rent for 12 months: Rs5,040, (average monthly rent is Rs21,000, average annual rent is 21000*12 and 2% of that is Rs5,040). Plus if the agreement includes a security deposit, add another Rs100 and Rs1,100 as registration cost—bringing the total cost to Rs6,240. This is not counting the professional fees due to lawyers or other intermediaries for all the paperwork. It is to avoid paying these charges that many landlords and tenants mutually agree to not get the agreements registered. In case you want to register a lease, tenant and landlord can agree to share its cost. Keep Supporting Us :- Website : https://www.ishanllb.com/ Website : http://www.eisarahi.com/ Email : [email protected] Facebook Official : https://www.facebook.com/eisarahiofficial Facebook Page : https://www.facebook.com/IshanLLB/ Twitter : https://twitter.com/ishanllb Tags:- Why Rent Agreements are Usually of 11 Months Only,why rent agreement for 11 months,11 month rental agreement stamp paper value,Why rent agreements are only for 11 months,Why are housing leases limited to 11 month in India,rent agreement 11 month ke liye kyu banta hai,rent agreement law in hindi,rent agreement 11 months ke liye kyu banate hai,rent agreement kaise banate hai,registration act 1908 in hindi,rent agreement register kaise karaye,ishan llb,ishanllb,ishan
Views: 1357668 ISHAN LLB
Here are my 7 favorite tax write offs when it comes to owning real estate or investment property and a few examples of how each of them apply. Enjoy! Feel free to add me on Snapchat / Instagram: GPStephan Owning real estate is much more than just owning a cash producing property that provides monthly profits, what makes it really unique against almost every other investment is the tax write offs associated with it. In real estate, a return could be calculated in so many different ways besides “I get $1000 per month in rent.” What makes real estate really special is that you could often make money every month, but on paper show a loss…and this cancels out your tax obligation. Here are some of the tax write offs that make real estate a phenomenal investment. 1. Mortgage interest write off - On an investment property, the interest that you pay on your mortgage is a write off against your rental income. On a primary residence, the mortgage interest on the first $750,000 could also be a write off, potentially saving thousands in owed taxes. 2. Property taxes - This is another deduction you can write off against your rental and personal income. As a primary residence, you’re allowed to deduct the first $10,000 of your property tax against your personal income As an investment property, you can still deduct 100% of your property taxes against your rental income. 3. Depreciation - This is what often leads you to be positive in your bank account each month, but on paper you could show a loss, lowering the amount you’d pay taxes on. With rental property, you’re allowed to depreciate the asset over a certain period of time. Cost segregation analysis can sometimes speed this dramatically. However, keep in mind that because you’re depreciating a property, eventually the tax you depreciate will need to be paid at the time of sale if you DON’T 1031 it, so it’s not a tax avoidance entirely, but this works great if you plan to keep the home as a rental or eventually do a 1031 exchange later on. 4. 1031 exchange. This is a very popular real estate tax benefit that almost every real estate investor uses. This means that you can sell your property and “Exchange” it for a like property of similar or greater value without paying taxes at the time of the same sale. This is how many people can buy and sell millions without ever paying capital gains taxes, as long as they don’t sell and continue 1031 exchanging properties. 5. Capital gains exclusion on a primary residence: As long as you’ve lived in the home for 2 of the last 5 years, you can sell a your primary residence up to $250,000 HIGHER than you bought it for if you’re single, or $500,000 if you’re married, without owning capital gains tax. 6. Cash out refinance - When used against a rental property, you can refinance the extra equity in the property and pull out the profits tax free. Even though this is technically a loan you have to pay back, you’re borrowing from the existing equity and using that money without paying taxes on the money that hit your account. This gets a little more complicated as a primary residence, but on a rental, this is a huge advantage because the new mortgage you pay on the amount pulled out counts against your rental income…so you can use this money for pretty much whatever you want, hopefully just to re-invest. 7. Finally, rental property income is not taxed as self employment income, which carries a 15.3% self employment tax (not fun). But keep in mind this is also dependent on how you hold the property and specific ways you’re treating your income. Disclosure: I am not a tax consultant or CPA. These are just a few tax advantages I have used myself and I have simplified these significantly for purposes of explaining them on YouTube. Check with your own accountant or CPA because every situation is going to be unique. For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at [email protected] Suggested reading: The Millionaire Real Estate Agent: http://goo.gl/TPTSVC Your money or your life: https://goo.gl/fmlaJR The Millionaire Real Estate Investor: https://goo.gl/sV9xtl How to Win Friends and Influence People: https://goo.gl/1f3Meq Think and grow rich: https://goo.gl/SSKlyu Awaken the giant within: https://goo.gl/niIAEI The Book on Rental Property Investing: https://goo.gl/qtJqFq Favorite Credit Cards: Chase Sapphire Reserve - https://goo.gl/sT68EC American Express Platinum - https://goo.gl/C9n4e3
Views: 27508 Graham Stephan
Our first video on Perquisites - Calculation of Rent Free House or Rent Free Accomodation. Stay tuned for our second video in which we will take a question from perquisites and will show you how to solve it. RELATED VIDEOS: Calculation of Taxable H.R.A. (Part-3) for Computation of Income from Salary https://youtu.be/ZZRoYVWGI5w Computation of Income from Salaries https://youtu.be/s6cgFAQb4g4 CONNECT SOCIALLY : https://www.facebook.com/eklavyacommercesolutions/ https://www.twitter.com/CommerceEklavya OUR NETWORK: Facts Hub – Interesting and Amazing Facts Videos https://www.youtube.com/channel/UCi5uiRllPT-eXDvxXUoXhuQ #EklavyaCommerceSolutions #CommerceEklavya #RentFreeHouse
Views: 89 Eklavya Commerce Solutions
Zoe York, MAI Appraiser with Duncan & Brown, shares her perspective on the potential value implications on your multifamily properties as a result of Oregon Rent Control Senate Bill 608. Drawing on trends she has seen in rents and occupancy in multifamily Eugene and Springfield, she explains why rents have been increasing and what these trends mean to multifamily owners' ability to raise rents over time. Where Do I Go For More Information? OREGON RENT CONTROL CENTRAL https://www.eugene-commercial.com/oregon-rent-control-central/ Pacwest Commercial Real Estate Disclaimer: Due to the complex nature of these changes, Landlords should contact an attorney with any questions or clarification of SB 608. All my opinions are my own. These statements are not meant to be taken as investment advice. WEBSITE https://www.eugene-commercial.com SOCIAL MEDIA LinkedIn: https://www.linkedin.com/in/1031rene/ Facebook: https://www.facebook.com/PacwestCommercialRealEstateInc Youtube: https://www.youtube.com/channel/UCAF5IRUGD2wLrKKion6LJVw MORE INFORMATIVE ARTICLES FROM PACWEST CRE https://www.eugene-commercial.com/category/news/ https://www.eugene-commercial.com/category/blogcast/
Views: 55 René Nelson CCIM
You can learn much more about how I have created over $8,000 a month in passive income with my rentals from my best-selling book Build a Rental Property Empire. It is available as a paperback, audiobook, and eBook here. More information on rental properties here: https://investfourmore.com/2016/04/08... In this webinar I spend well over an hour discussing how to invest in rentals the right way. How to finance them, find them and manage them. Investing in rentals can take time and effort, but boy is it worth it. From my 16 rentals I have about $9,000 a month in income coming is and have increased my net worth over one million dollars. You cannot buy any rental property, you have to buy the right rentals, below market value. be sure to sign up for my email list here get your free 50 page eBook on real estate investing: https://investfourmore.com/real-estate-investor-email-subscription/
Views: 29749 Mark Ferguson - InvestFourMore
https://www.BiggerPockets.com If you are looking to invest in real estate - it all begins with a great deal! But what's the best way to find these cheap properties? Today, Brandon Turner (Co-host of the BiggerPockets Podcast) shares his top ten strategies for finding low-priced houses for sale.
Views: 273928 BiggerPockets
Arlington VA real estate agent and Realtor Matt Leighton talks about 5 mistakes people are making when buying a condo. Subscribe for more real estate videos - http://www.youtube.com/subscription_center?add_user=themattleighton Real Estate Continuing Education Online Classes: https://goo.gl/Cr4Tpf Looking for a real estate agent in your city? I have a network of top producing agents around the country. Email me and I can put you in contact with an agent in your area [email protected] -- Find Matt here: https://instagram.com/TheMattLeighton https://www.snapchat.com/add/mpleighton https://www.facebook.com/TheMattLeighton https://twitter.com/TheMattLeighton https://www.linkedin.com/in/TheMattLe... -- Arlington VA real estate for sale: http://rhlarlington.c21redwood.com/ -- Buying a condo | 5 mistakes people make when purchasing a condo: 0:35 - Not looking at the parking spot size/location 1:41 - Not knowing about having a storage unit or not 2:49 - Restrictions. Pet restrictions, grilling, and move-in restrictions are most common. 4:25 - Not knowing the percent of owner-occupied units. 5:57 - Not thinking about the re-sell value when you purchase and when you renovate. MY EQUIPMENT LINKS TO AMAZON The camera I use - https://goo.gl/3n13gS The lens I use - https://goo.gl/hS8a1s The mic I use - https://goo.gl/kSeu8J The memory card I use - https://goo.gl/t4wdXj The camera flash I use - https://goo.gl/pi2gmj The gimbal I use - https://goo.gl/xKMj8t The gorilla pod I use - https://goo.gl/jLLL5q The intervalometer I use - https://goo.gl/EV2KWo The iPad I use - https://goo.gl/G9onPp Business inquires [email protected] -- Matt Leighton - Arlington VA Real Estate Agent Matt [at] Orange Line Condo dot com Century 21 Redwood Realty 1934 Wilson Blvd Arlington, VA 22201 https://www.youtube.com/watch?v=xiLoiTTdi-c
Views: 82105 Matt Leighton
One way I (we) are trying to beat the budget is by having multiple streams of income. Take a tour with me of a stand alone 1.5 bedroom rental unit. We believe this was a garage converted into a single family home which took on the name “Bungalow.” Our goal is to make sure the unit is in good functioning order and we will update the kitchen. Most of the other rooms will just get cleaned because everything seems updated and new. We will steam clean the rugs too. It’s hard to run comps for fair market value rent, but from what I researched in our area, we may be able to get $1200 a month for this unit. 1 bedroom units can go for about $900 in our area, but this unit has the perks of being detached from other units, has an additional half room for some storage or an office, is only 2 blocks from the beach, and has a decent outdoor space. Subscribe so you can see what it looks like when we are done. Comment any cheap ideas you have that can make a big impact. If you like this kind of video, we already flipped another unit here: https://www.youtube.com/playlist?list=PLi7wmnSEGNF1p_dxmm6_ZgGuk799kQ-ns Other channels you may enjoy: Mark Ferguson - Real Estate Investing Guru: https://www.youtube.com/user/InvestFourMore Bigger Pockets - Where I learned about ROI: https://www.youtube.com/user/BiggerPockets Follow me on Instagram: www.instagram.com/beatingthebudget
Views: 52 BeatingTheBudget
These are the three ways you can make money owning Rental Real Estate, and exactly how to calculate your cashflow and profit - enjoy! Add me on Instagram / Snapchat: GPStephan Join the private Real Estate Facebook Group: https://www.facebook.com/groups/therealestatemillionairemastermind/ The Real Estate Agent Academy: Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $120 million in sales: https://goo.gl/UFpi4c So lets start here…the three ways to make money in real estate: The first is net cashflow. Anytime you calculate cashflow, you have what’s called the “gross rent.” This is the TOTAL amount of rent you receive. So if you rent out your house for $2000 per month, that $2000 is the “gross rent” - it’s before all of your expenses. And unfortunately, anytime you own real estate, you have recurring expenses - for instance, you have property taxes. Insurance. Repairs. And at some points there will inevitably be vacancy when the house isn’t being rented, but it’s still costing you money to own. These are inevitable. So the first step when calculating your net cashflow is to DEDUCT all of those expenses from your total rent. So even though you might get paid $2000 per month, after all of those expenses eating into your money, you might now only be left with $1200. Any time you see real estate returns calculated, it’s usually like this - and this is often referred to at the “net operating income.” Total rent, minus all expenses = net income. So you’ll need to understand what property tax rates are in your area, how much insurance roughly costs, how much you can realistically get for rent, and how quick you can generally rent out a unit. One thing not generally included in those calculations is the mortgage payment. This is because mortgages numbers can vary wildly from person to person depending on how much money you put down, how long of a loan you get, and at what interest rate. But, in almost every situation, your mortgage will be an additional expense in addition to the total rent you receive. The second way to make money in real estate is by equity. This means that the value of the property increases because of something you’re doing to it - and there are two ways to make money this way: 1. The first and the most common is by paying down your loan. In most situations, your loan is broken up in two categories: principle and interest. Any time you pay down the loan every month, part of it pays interest on the total balance of the loan, and the other part pays down the balance - that second part is equity in the property. 2. The second way to make money with equity is by actively increasing the value of the home. Often this means remodeling the home or adding square footage. And your equity is the difference between the amount you spent, and the new value of the home after renovations. Doing this is also generally pretty predictable. You can see other properties and what they’re selling for, and as long as you make yours similar to that, all things considered, you should get about the same price - and that’s profit. The third way to make money in real estate is through appreciation - this means that over time, the value of the property goes up in value. This one is highly location dependent - some areas will go up as fast as inflation, just given the cost of materials to build a house get more expensive over time. This is fine, because it means your money doesn’t really lose any value - it’s simply a preservation of wealth. But other areas will go up substantially more depending on the demand for the area, and how much space is available to build. Using a combination of these three can often give you a much, much more accurate idea of your total rate of return much beyond cashflow - and this is how you calculate your returns and evaluate a good deal while owning rental property! For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at [email protected] Suggested reading: The Millionaire Real Estate Agent: http://goo.gl/TPTSVC Your money or your life: https://goo.gl/fmlaJR The Millionaire Real Estate Investor: https://goo.gl/sV9xtl How to Win Friends and Influence People: https://goo.gl/1f3Meq Think and grow rich: https://goo.gl/SSKlyu Awaken the giant within: https://goo.gl/niIAEI The Book on Rental Property Investing: https://goo.gl/qtJqFq Favorite Credit Cards: Chase Sapphire Reserve - https://goo.gl/sT68EC American Express Platinum - https://goo.gl/C9n4e3
Views: 36006 Graham Stephan