β Join Rental Property Mastery, my coaching & learning community:
https://www.coachcarson.com/RPM-YT
ποΈ This video will show you how to analyze a duplex rental property using a real-life example. Whether you are a beginner or advanced investor, Coach Carson walks you step-by-step through the process and tools he uses to run the numbers on a real estate investment.
βΆοΈ Next Video: How to Calculate Internal Rate of Return (IRR) for Real Estate Investing: https://youtu.be/HJnnpXoR6y0
π¬ Timestamps:
0:00 - Intro
1:22 - Location romance
4:03 - Surface level location
6:53 - Surface level numbers
8:35 - What is our goal?
10:20 - 1% rule
13:38 - Unleveraged yield
17:53 - Look at property in person
18:28 - Spreadsheet for final result
20:29 - Determine market rent
23:19 - Spreadsheet numbers
28:17 - Good deal or not?
29:08 - Internal rate of return
34:07 - Only you can decide
π Video Links:
Coachβs Real Estate Toolkit w/ Deal Worksheet:
https://www.coachcarson.com/toolkit-yt/
Coachβs Simple Rental Property Spreadsheet:
https://www.coachcarson.com/rental-property-calculator-spreadsheet/
Rentometer:
https://coachcarson.com/rentometer
Zillow Rent Estimator:
https://www.coachcarson.com/go/zillow-rent-estimator
BP Rent Estimator:
https://www.coachcarson.com/BP-rent-estimate
Internal Rate of Return:
https://www.coachcarson.com/irr
Cap Rate Explained:
https://youtu.be/9X_1k1w6u3c
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βοΈ Get my FREE Real Estate Investor Toolkit:
https://www.coachcarson.com/toolkit-yt/
π₯οΈ My Real Estate Courses: https://courses.coachcarson.com
π΅ 30 Days to a Better Rental Investor
π΅ Creative Financing for Real Estate Investors
π My Books:
π The Small & Mighty Real Estate Investor:
https://www.coachcarson.com/smallandmighty
π Retire Early with Real Estate:
https://www.coachcarson.com/retirementbook
π° DealMachine - Software to help you buy more real estate deals:
https://www.coachcarson.com/dealmachine-YT
β
Subscribe for more videos about real estate investing:
https://www.youtube.com/user/CoachChadCarson?sub_confirmation=1
π Connect with me:
πΈ https://www.instagram.com/coachchadcarson
π https://www.facebook.com/coachchadcarson
π¦ https://twitter.com/CoachChadCarson
π For everything else: http://www.CoachCarson.com
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Footage and photos credits:
Pexels.com | Pixabay.com | Zillow.com | Rentometer.com