Calculating Numbers on a Rental Property [Using The Four Square Method!]

[@fa7234]

Man, I really love the internet. we are the first generation in human history that has access to anything we wish to learn. Can you imagine how lucky we are!!

[@hyperdragon1013]

not evrything

[@Jackson_Hts_Mr_Randy_Watson]

This is so true. There is no need to reinvent the wheel. You find people who are successful in what they are doing, and THEN DO THAT. Tweaking as you go along and learn more.

[@goldenchild_chosenone]

Someone finally realizes and appreciates this

[@benten3524]

Indeed!!!

[@urielreyes7509]

Yup whoever isn’t using it for learning is missing out

[@jsp1nk3]

This is actually THE video that turned me into a full time real estate investor 4 years ago when trying to figure out what to do with my second home. Crazy to see it now and look back at the journey so far.

[@JaiHind-gd8do]

Can you give some tips which can help me because I haven't started I am very confused what to do hope you reply

[@michaelparry2162]

@@JaiHind-gd8do well first you just need to have a second home

[@JaiHind-gd8do]

@@michaelparry2162 sir can you further elaborate hope you don't mind

[@JamesHollowayYT]

BP was one of the KZbin channels that turned me into a real estate investor as well! While I'm part-time (only two properties but they cash flow me $1100/mo) but I'm still on track to retire in 4 years (I'm only 25 now)! I talk about my experiences and knowledge on my KZbin channel!

[@JaiHind-gd8do]

@@JamesHollowayYT thanks sir your guidance meant a lot #staysafe.

[@PokChopTV]

Finished this man’s book 5min ago, searched KZbin and now here he is again teaching me the next lesson lol

[@johnkolios9526]

Even with a zero cash flow you're still building equity while you are paying off your monthly installments of the loan. Excellent video by the way!!!

[@Lucasbourgeois19]

Just want to say that these type of videos (online lecture format) are revolutionary. As a college student who had to endure Zoom classes with professors who just sent us the syllabus and online worksheets, this video supersedes the quality of my $15,000 a year education. Please continue with this type of content!

[@ambitiousdeen5525]

Thanks for the feedback.....for more information *+1/6./1./.7../4./..6./..5./..5.../3../4../7* W •H•A•T•S•A•P•P.••••M•E 🔅 🔅 🔅 🔅 🔅 •••••........

[@juliancate7089]

So perhaps your professors are actually just lazy flunkies who went into academia because it shielded them from having to perform? And maybe, your diploma is not only not worth the money you paid, but might have even dumbed you down? Who knew, right.

[@z4nn7]

Exactly, and these guys told me I was stupid for not going to college for this. like bro, it's free. I'm not paying 20K+

[@olanrewajuonapajo9993]

Have been coming back to this video every year just to make sure that my math is still mathing and dont miss anything in my calculation. Thanks, the beard, man.

[@lancebaker1374]

The Four Square method is used all over KZbin for many topics. I'm using it to find a life partner and a better coffee.

[@iammaximus614]

Better coffee is probably much simpler & less Complicated 👌🏽😅

[@accessoriesaccess8660]

hahaha

[@rogelioestanislaojr3261]

Anytime I see a four square I think of my days selling cars and using a four square to close customers. Lol.

[@NorthernNevadaRealtor]

@@rogelioestanislaojr3261 - Same same

[@johnyhansen1362]

same here..got a new truck for my wife ...was a good deal !

[@jasonadkins1455]

1st Brandon inspired me to buy a few rental properties and then inspired me to make my KZbin channel that I do for fun. He has changed my life in more ways than one.

[@84costanza]

This video literally changed my life. It broke down this analysis in such simple terms. This is what helped me go from thinking to doing.

[@hugofalcon9260]

I just bought my first property up and Roseburg Oregon. $230,000 for a duplex but I am changing it into a Triplex. Based on the calculations of this video my cash-on-cash return will easily be above 10%, probably closer to 13%. And I already got two of the units rented out.

[@olivierbourgeois4748]

I hope, what you plan is all legal. Don’t forget to take out permits with the city for the work being done. If you don’t follow the law, you could wind up paying big fines or told to dismantle the illegal apartment. Good luck.

[@FasterFreedom]

Real estate investing can be the single most powerful type of investment in the world. Knowing how to analyze properties is only a small part, but a very important part. Thanks Brandon!

[@jakerogers7916]

This is the first real estate video I ever watched. This lead me into almost every episode of bp podcast and now owning several rental properties

[@bradleypost8971]

I'm 16 and a junior in high school, and I'm starting to watch these videos. When I'm 18, I'll become a real estate agent on the side in college and learn so I can save money to rent in my 20s. Keep up the good work!

[@tomlaureys1734]

Why bother going to college and rack up a ton of debt when you can just get a job save money for your first down payment and buy your first rental property and keep on going from there. By the time your friends finish paying off their college loans you could already have several properties.

[@JB-bb1zw]

If your gonna be a realestate agent you better start looking at mini skirts and knee pads now!

[@ryanthepianoman27]

How did you do with all the property

[@bellajohn2258]

Thank you, have been watching your channels for couple of weeks now and it's really good and really helping me through

[@michaellinda8738]

I'm 50% ADA 50% BTC 5 year hold

[@davidberg5363]

ADA and DOGE, a winning combination

[@davidberg5363]

Like you said, those are the only two i see holding at this time

[@mclarendavid5935]

When did ETH go from 6% to 5% when staking to ETH2?

[@mclarendavid5935]

Thanks you for your update am long term holding. I love dogecoin

[@Muluhya85032]

Brandon thank you for breaking this down....found bigger pockets last year and trying to follow your guidance... Acquired our 1st door this year...

[@davidfredrickson5193]

I make over $10,000 every month thanks to blockspace

[@MMAFan20]

Congrats.

[@ryanthepianoman27]

How’s it cash flow

[@cojax1000]

David Fredrickson what is block space

[@yvlakhtionov]

Pretty obvious analysis. I did the same when I was buying my properties. However, I have to give a credit for such simple and clear presentation. Well done 👍🏻

[@dashamath]

Lately I've been very interested in building a rental property portfolio. As a beginner who has knowledge in finance, you make it so easy for me to assimilate all the nuances that exists in the real estate industry. I am simply grateful for the knowledge. I am gonna continue with my learning, build up my funds and approach it well.

[@denisebeaumont4785]

Fast talker specific information, easy to understand, and not to many ads. Love it!

[@vincentbrown6818]

Nice content! The best way to find that balance between saving and living is by investing, this way you get to have your savings intact and then live comfortably of the revenue coming in from your investments.

[@binagital5665]

His trade execution quality and profiting is well structured with great financial features.

[@lindalily6924]

Working with Romero pieto is the best thing that can happen to a beginner trader who is aspiring to be fruitful out of the market he is trustworthy and straightforward we surely need more men like him in trading world.

[@jasonthomas269]

Good good content.

[@katlinmicheal8121]

I've seen so many review about this man called Romero pieto who is he ?

[@andreawilson1568]

Mr Romero pieto trades on my behalf due to my tight schedules and he is indeed absolutely doing great, my last investment of $5,000 he gave me my ROI of $37,000 in a period of a month isn't that amazing.

[@kayfeelzwhatitiz]

Me and my sister are getting into real estate she's in school for it and I'm in trade school for property maintenance and welding. Bigger pocket vids are so helpful for me. Thanks man.

[@NemoNoirNobody]

Smart, hope that goes well.

[@kayfeelzwhatitiz]

Sigma Ligma deez nuts thank you!

[@ryanthepianoman27]

Never partner with family

[@christianlund8656]

How did it go?

[@ziolan8970]

I watched this video about 4 years ago before buying my first home. It kinda changed my life,

[@allpropertyvideosdotcomwit3524]

It’s great that you’re attempting to simplify the numbers part of this. That is where so many people go wrong, they generally understand the process but are not able to run the numbers properly, of course that’s a recipe for disaster. Good work.

[@brendacarla4657]

Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life

[@09redflowerz85]

You are right, to be a successful person in life require him or her of hard work and time

[@09redflowerz85]

The thing about been successful is working toward it and not going the other way round

[@albertolunder5405]

You're right. Been thinking of going into gold and cryptocurrency

[@albertolunder5405]

It's obvious everyone is going into investing cryptocurrency especially BTC

[@luisamarina6429]

I totally agree with you it has been an eye-opening experience for a lot of people.

[@AlaluofNibiru]

I bought 3 low end foreclosed properties for $33k from one bank and up-fitted them for $12k. I contracted with the Housing Authority for tenancy so I don’t have to chase the money like I did in the past with high-end properties. I receive $2700 monthly. Rock N Rolling

[@JamesHollowayYT]

That's awesome! Foreclosures can be a great investment!

[@gloriavirtue4310]

This is the first time I have seen this U tube about rental property. I have learned a lot and I am going to check out more.

[@jasonadkins1455]

I would like to thank Brandon for everything he has taught me. I currently have 3 rental properties and I intend to get two more next year.

[@briz6368]

Hey man, I'll be investing once I save up a little nest of money. what is your cash on cash ROI for each property of yours? greatly appreciated if you share to help me out on what range I should be aiming for!

[@REIJames]

Congrats! Good luck in all your future REI ventures.

[@REIJames]

@@briz6368 Unsure about Jason but CoC is just based on your own investment goals and the strategy you are using to attain the property and that properties price point. CoC can vary wildly and even be infinite if you have zero of your money in the deal. In general, though you probably want more than if you put your money in the stock market so a nominal 10% plus is reasonable starting out if putting in a standard down payment.

[@jasonadkins1455]

Freedom Rental Properties Thank you much.

[@davidfredrickson5193]

I make over $10,000 every month thanks to blockspace

[@aureliusagung1860]

I prefer watching your videos rather than go to the college to learn the same things and nothing is important. Love your videos sir. Godspeed!!

[@johnm63]

Brandon you have a gift of teaching, you make the process understandable for the beginner. GOD BLESS YOU

[@biggerpockets]

He certainly does. Thanks for watching and thanks for leaving some feedback! We appreciate it :)

[@NewsHistorian]

Thanks for the very informative and comprehensive explanation. Legal fees of $100 should be considered next to repairs in the event of an eviction.

[@Sveltdre]

Rob M Why not mark it $1000; since we’re just throwing numbers out there! Proof that economics and math are related but not the same.

[@Rigpa]

390 X 12 = I did that calculation earlier 4680 ... is the best expression and I almost fell off from my chair lol. Thank you for making my day :)

[@ajinah12323]

I honestly think deal analysis should be a bulk of your videos. Also touring properties with agents, and providing the analysis would be a great learning tool for all types of investors. It could also be fun, if you made it like a series.

[@directorngc7182]

yeah they need more videos that walk you through things and show you how to apply strategies and analysis

[@chethaney4648]

Aleem Jinah please ignore hate speech. God bless you.

[@matthegedus6513]

I report all hate speech immediately. People are ignorant.

[@birdswakeme651]

100% agree. One of the interesting things here is... its simple to look in a book for the calculations. The issue begins with research and problem solving. Maybe more informative things for research instead of “go talk to someone in real estate”. When you could in turn guide them through an example process

[@thereddeath12]

@@birdswakeme651 Agreed. Perhaps break down each small point on a video like this, and expand on it and make it the focus of its own dedicated 30 minute video with anecdotes, actionable items, and interviews with industry experts.

[@MrBuckeyeRon]

I know he touched on it a little near the end of the video, but appreciation and mortgage pay down is the icing on the cake.

[@albrown1812]

Seen this video years ago had to search for it,didn't remember the channels name or what the guy looked like.But I found it!! An it was just as helpful today as it was when I first seen it if not more

[@yusesegura6761]

Awesome breakdown Brandon :) I'm a foreign Real Estate investor from Canada. I watch every BiggerPockets podcast and have learned a lot from them. Thanks! :)

[@romerome6968]

Yuse Segura Hey I live in Canada ..I am looking for a partner to invest with me ..contact Me @ [e-mail]. thanks

[@boblatrimouche3943]

I live in Canada too. You guys got anything going on?

[@omarvillasenor4767]

Wow. Thank you. This is truly one of the very few channels that provide real information. Thank you!

[@jgoincomedy5837]

That's one of the best looking hypothetical duplexes I've ever seen.

[@briteness]

I wish I had studied this stuff before I dumped a buncha cash into real estate. Lesson (cost me a fortune, I'm giving it out for free): Do not pay too much attention to advice from friends, even if they do know more about the real estate game than you do. Do your own research. Blind optimism will likely lead to places you do not want to go.

[@whmozart]

So waht happened to you? Sounds like you got an interesting story to tell

[@fernandoalejandre9503]

^

[@aaron26c]

David is now a full-time Carpenter trying to make up for all the money he is losing in his real estate investment

[@sidehustlediscovery3226]

@@aaron26c 😂😂😂😂

[@michaelykwon]

how do you fuck up on real estate?

[@ginaloveslife632]

ok, moving forward, I will use this "long hand " method! Thank you! i adore Bigger Pockets!

[@michaelmessner4720]

Just wanted to come back to the video and book that started it all for me. Bought 10 units my first year using this book and method, and just went under contract on a 24-unit apartment building. The math is a little more complex with investors involved, but this video is a fantastic start for anyone.

[@larissaaquino9348]

Wow 👏👏👏

[@michaelmessner4720]

147 units and counting!

[@ChrisTawfik]

@@michaelmessner4720this is so inspirational! I am so happy to read this comment brother! Best of luck on your journey!!!

[@artistman75]

This is great stuff, IMO this should be taught in High Schools across the U.S. A financial education is key to success, without it we have people making millions and still going broke.

[@biggerpockets]

100%

[@aidensmith6277]

StirCrazy Uncle Sam doesnt want to teach you finance, because then youll realise that the 100k debt from uni is bad and they want your fucking money.

[@saxonsoldier67]

Almost all of the students would blow it off and not pay real attention. However, a handful would get interested and use this knowledge. Not everyone can be responsible and dedicated to investing. This is why about 65% of adults live paycheck to paycheck with less than 10 k in savings.

[@Anthony.Laville]

Exactly. I think it should be taught in schools worldwide including the UK where I live and invest. We’d all be better for it

[@Mark-oc9gz]

The truly tenacious go online like us and learn for themselves those are the ones that earn and deserve financial success.

[@1234piano]

Brandon, hey thanks heaps for showing me the REAL way to evaluate a rental!

[@egganwhtye2071]

Thanks for the comment learn more from my team broker 👇👇

[@davidfredrickson5193]

I make over $10,000 every month thanks to blockspace

[@panagiotisdl]

You teached me thing that i never learn and i will never learn in university (financial university), congratulations brother, god bless you

[@juliolopez2499]

Love the step by step process, knowledge is power. Thanks for the video.

[@bicyclist2]

Thanks for the detailed number assessment. This was very helpful.

[@TheBrookerFamily]

This is the most valuable real estate investing video I've ever watched. Thank you.

[@elovaughnelwell8980]

3 minutes in and it's already 5 SQUARES! this is blowing my mind!

[@CriminalCoreYT]

It is rectangles lol

[@shannonduncan3307]

Demon Core a rectangle is a square but a square is not a rectangle. Therefore, you just wasted everyone’s time trying to act smart

[@kylehayden999]

m.kzbin.info/www/bejne/a6ezY4tvoJeVgs0

[@goldenchild_chosenone]

Really appreciate this video out of my entire time ever being on KZbin. Best education I've received with some real "how to's" bc ppl tell you that you can do well but they never tell you HOW. THANK YOU GRACIOUSLY for this one specific video 💗💯💯🎯

[@isaaccarnellkingiv2624]

this was really good, I never knew how to find ROI until now. Thank You!!!!!

[@selvianaumang677]

what I love about KZbin is it's like universe university,where I can learn anything without going to real school or campus

[@Chunda8]

Repairs are the easiest- take what you think it's going to be and multiply that number by about 4.

[@wearejungians]

Chunda8 I’ve heard that rule for about every investment made lol

[@Spawn223311]

😂

[@RehabLife]

Repairs are an important part that is frequently overlooked by investors because they don't have a clue as to what they might be. Newer properties tend to be less, older properties tend to be more, unless you are a slum lord, then there aren't any repair costs.

[@kirisutegomen12]

@@RehabLife those landlords who are handy fix everything themselves

[@leoz2442]

@@kirisutegomen12 Actually they spend their time on the thing they repair and time is also a preciou resource for everyone.

[@the_mojomindset]

Had to come back to the video that started it all - this was the first video we used to first learn how to analyze a property! Classic

[@enriquegonzalezortegariver4181]

I love the way you educate my man!

[@dicksonk1769]

This is so educative, i just downloaded your book ultimate rental property for beginners

[@ab221983]

i want to say thanks to youtube algorithm to show me this video and second i want to say thanks to you, you got a new subscriber and future real estate investor. this kind of numbers are selling by "financial coach" for a lot of money

[@BurkeFinancialCorp]

Great video! It’s amazing how much quality content you guys are providing for free! Keep it up Brandon!

[@gabwire6796]

Thanks For Your Comment Hit me up directly☝☝...

[@ginostumpo3149]

I just started to really learn and this site is by far my favorite! Great job

[@joycdavetn6956]

My credit score went up with Credit PatchUp LLC and when I couldn’t continue with payments they further assisted me with steps I can take myself. Those step impacted my score positively. Happy customer here!([e-mail])

[@ginostumpo9109]

@@joycdavetn6956 who cares. post messages that pertain to the video or message at hand.

[@elcompaish2141]

I used your method and a year later I found a perfect duplex in Texas. One year later and it did workout as a profit. Your method definitely helped when purchasing a property and getting the “Feelings” out of the way because the numbers are what matters. Thank you

[@davidfredrickson5193]

I make over $10,000 every month thanks to blockspace

[@russelldixon5663]

Thank you Branden. I just recently found you and appreciate your material.

[@soulshop1]

I just wanted to thank you for the content that you provide. These breakdowns of how it works real makes it easy to understand!

[@egganwhtye2071]

Thanks for the comment learn more from my team broker 👇👇

[@davidfredrickson5193]

I make over $10,000 every month thanks to blockspace

[@kushtalati3255]

My life is now complete Good job 👍

[@kris.andrews]

My account wife got most upset that you called you monthly profit your cash flow :). Thanks for the great content!

[@benhauber1979]

I'm a CPA. It grated me, too. Loved the video, though. Subscribing.

[@michaelking42]

Is it really profit though?

[@jamesbellot4460]

Just about to dive into the real estate investing space and this video was very helpful. Thanks 👍

[@HugoGibbs]

Thank you for sharing this knowledge, this video is pure gold.

[@christinedavey6043]

Something I invested in was vacation rentals. Double the rent in the desired season. Better than making the same every month and VRBO and trip advisor are there to make it easy.

[@lewisb5364]

Where abouts did you invest in .

[@shaun9100]

Fantastic breakdown of the deal Brandon! Thank you!

[@olympiagrace5974]

You change lives, Brandon. Thank you!

[@MrAlexGolovin]

This is where airbnb comes in! I've done over $3,000 a month on 2 bedrooms inside a property that cost much less than $200,000. Those are the type of returns I like to see in real-estate.

[@kkevincerdaa]

For what city?

[@MrAlexGolovin]

Kevin Cerda Chicago

[@kkevincerdaa]

Thank you!

[@mysavedsongs1]

What does airbnb mean?

[@mysavedsongs1]

Alexander Golovin did you get that kind of return without fixing up the property n was it single family or multi? I am out of Columbus, OH and had to update n fix them up first to make about 15% cash on cash return

[@virginiaresanda]

Thank you SO much for sharing this! I've been looking for this information for quite a while and so appreciate that you posted up so straightforwardly like this! The way that you presented this is simple, understandable, and well organized!

[@davidfredrickson5193]

I make over $10,000 every month thanks to blockspace

[@danielpure2600]

Thanks you bigger pockets team!! Some golden nuggets of information!

[@michaelking42]

The lease fee makes an assumption it is for a 12 month lease, so is certainly a factor on annual ROI. If you can have the tenant sign an 18 month lease or longer, it decreases expense and increases ROI.

[@CodyStegeman]

Most markets people don't want to sign that long it seems.

[@michaelking42]

@@CodyStegeman Good point. If you have a good tenant, that's happy to sign for longer, then you're in luck. I have one recovering from bankruptcy, and signed for a 2 year lease. He's happy to stay put as he's trying to rebuild his credit.

[@maxxfeldman6244]

This can catch up to you if market rents increases during the 18 month term

[@michaelking42]

@@maxxfeldman6244 Sure could. Where I have my properties, if it does increase, it's not going to increase more than the value saved by signing for longer. I imagine some markets have that capability, such as NYC, LA and probably a few others. For my money, I'll sign a longer lease.

[@ianscianablo8507]

Hey Brandon. Love you BP pods!!! Wow. So how many calculators I have to use to fgure out a good house investment? Isn't $ 7,000 for a rehab very cheap when you gotta figure out EVERYTHING about the house (foundation, plumbing, electric kitchen remod & cabinets & new appliances)? That just seems verry cheap. What is recommended for a cash on cash ROI? Where's the cutting off point? Or is 9% the lowest acceptance before you check out another prop?

[@Urbanthick]

Thanks ...im getting a 32.5% annual return! Better than any investment out there right now that I know of. Great info.

[@benjaminwaters931]

The four square method video was very beneficial. Thank you for posting it.

[@360VRStudios]

He is paying a premium on rehab, I know plenty of workers in the renovation business who can work for a fraction of that and give you the same quality of work. Reputation is key.

[@janaiasecrest-holden6455]

This is still my favorite video on how to analyze a deal .

[@jason_v12345]

Pro-tip: When writing on a whiteboard, most of the movement is in the shoulder, even with small print. It's the opposite of pen and paper: the pad of your hand stays off the board and your wrist stays fairly still.

[@lewisb5364]

And i also have a horse cock .

[@Spawn223311]

Damn, thanks for this. Haven't realized it even after going through school

[@lewisb5364]

@@Spawn223311 your welcome

[@lewisb5364]

@David your welcome

[@ggusta1]

why do people keep saying pro tip

[@enduro22re]

His numbers are pretty accurate which is why I am no longer a landloard! All the work and aggravation and if you are LUCKY you earn 10%! never again, what a nightmare! This is ten years of owning rental properties and same stories from other landlords I meet

[@praveensg]

I agree to a certain extent but it's not that bad. I have 5 Single Family Homes and it doesn't bother me much. Worst case, hire a property management firm.

[@praveensg]

And if you consider the equity and appreciation, it's way more than 10%. I put 50k down on a property earlier this year, the overall return YoY is about 16k.

[@samnelson4975]

I sold my first house after living in it for 5 years because I didn't wan the hassles of property management. Dumb! If I had paid a property manager his lousy 10% the tenants would have paid the mortgage and the manager and everything else and 15 years later I could have sold it for 400,000 on an original purchase price of 21.000.

[@EastMenloPark1650]

Scott Stapp how did you do that?

[@NUCLEARARMAMENT]

@Scott Stapp What about PMI and the fact you have to pay principal, homeowner's insurance at the very least?

[@MsDSWEENEY]

Love your videos. Been a LL for 30 years! Learned a lot from you already.

[@ambitiousdeen5525]

Thanks for the feedback.....for more information *+1/6./1./.7../4./..6./..5./..5.../3../4../7* W •H•A•T•S•A•P•P.••••M•E 🔅 🔅 🔅 🔅 🔅 🔅 🔅••••

[@zayah0815]

The sound of that marker on that board is sending chills down my spine...

[@noahnajor2408]

Thank you for the formula! I’ll use this when searching for my next investment.

[@ryanthepianoman27]

How Did you end up

[@nibraszuhair]

thank you from a 19-year-old future real estate investor

[@FISS007]

Thank you very much. this was very helpful since i am studying real estate rental and your lessons are priceless. Thank you again

[@FrankSalas]

BOOM!! Amazing Break down !

[@biggerpockets]

Glad you found this useful, Frank! We appreciate the feedback.

[@kirisutegomen12]

@@biggerpockets one of the best explanations I've heard!

[@gharyu]

Very informative video specially for us looking to dive into rental properties. What was not discussed and is a big part of the rental property expense is the rental income will be tax as capital gain at the end of the year.

[@ceciliamoncada5836]

Try to find the house for 200,000 to rent for 2,000 is a needle in a haystack in 2019.

[@lazyslaps8615]

Chuck Norris agreed

[@L6901Malice]

200,000 house in Utah might rent for 1500 here. Market is absurd right now tho

[@Crown149]

He used a duplex for an example. So a really nice one could rent for 1000 a unit depending on the area

[@GIboy1990]

Real estate markets vary. My area median property is 140k. But properties are going up 7.5% annually.

[@therandomweberlife5855]

@Chuck Norris it's impossible in my area, so calling someone shit for brains isn't very accurate

[@lw3269]

My grandma got married at 14. First child at 15. Had six kids. Never went to high school. Made millions by saving enough to start buying rental properties. Some of this is just discipline, hard work, and common sense. Don't really need four boxes to estimate expenses vs. profit.

[@vvgg6796]

L W so u rich too

[@lw3269]

@@vvgg6796 No, not at all. She had six kids, who all had lots of kids. Small inheritance but a fortune in wisdom.

[@noepena8004]

Amazing video to become one of the next millionare , iam talking about. Rich in knowledge, think wise, wisdom , intelligence , smart ,financial education is more important then just 💰

[@krysroc]

This is great!!! Thank you so much for sharing your knowledge!

[@sam5miy]

Do you have any videos or information about buying the property in your own name vs establishing an LLC to buy the property?

[@maxxfeldman6244]

Buying a property as an LLC can add an extra layer of protection if you end up in a lawsuit. It can also help to set up an LLC for each property that you own so they act as independent businesses. Where it really comes in handy is if you are syndicating a deal and raising capital from others. Buying the property as the vesting LLC gives people the peace of mind that they are essentially on title for the property. If and when you do sell, it makes it much easier to do an exchange into the next property. The one thing to be worried about is if an investor does want to cash out their shares then they have to be replaced by the remaining investors or by a new one.

[@gk10002000]

One absolutely should rent as an LLC entity to isolate yourself.

[@ericsosa1300]

All of my investment properties have their own LLC. It's a must to protect your primary home from troubles

[@MACA_Zeon]

LLC?

[@cedricanderson2609]

@@MACA_Zeon limited liability company

[@RubiksRobo2]

Visual pictures of what you teach is much better to understand then just talking Good job

[@NinaInternational09]

This was most definitely a great presentation Thanks again Brandon you are Dope

[@egganwhtye2071]

Thanks for the comment learn more from my team broker 👇👇

[@jayhonybee241]

You're amazing! Personality and analysis! Brandon Brand.

[@MeatPez]

I have been searching for months for a video like this, you just got a subscriber. Love your other videos.

[@thomasmorrison3279]

Overall very good analysis. As a landlord, I would say the expenses are much higher than he listed. For example, I had a pipe break in the wall and it cost $1000 to repair. Every year, it costs thousands of dollars for repairs. In general renters do not care for appliances as well as owners. Washers and dryers, ovens, etc. are expensive and not built to last as long as the old appliances of our parents.

[@davidunderwood4341]

I don't supply appliances in houses, only apartments. I find that the tenants don't complain and I still get them rented. Huge expense that I refuse to take on.

[@armandcurti2598]

Do you have your rentals furnished or does the renter have to furnish the property?

[@davidunderwood4341]

I never furnish, you have to consider many variables. One for instance is what market are you playing in? Right now in South East Michigan the rental market is so strong that I can rent things fast and to as many people as I want. In the last 20 years I have never needed to furnish anything no matter how bad the economy or market was. Most efficiency apartments are rented with furnishings but I don't have any of those to offer. The more you do, the more you spend. I have found that tenants care more about how friendly you are and how fast you are with maintenance issues than furnishings.

[@armandcurti2598]

@@davidunderwood4341 good to know. Thanks

[@angrytaxiowner7941]

Thomas Morrison true that

[@mark-vb2gn]

Mrs Patricia is legit and her method works like magic I keep on earning every single week with her new strategy

[@helenmirren5265]

Wow I' m just shock someone mentioned expert Mrs Patricia I thought I' m the only one trading with her

[@Scott-co4cr]

expert Mrs Patricia she's really amazing with an amazing skills she changed my 0.3btc to 2.1btc

[@brittanymargret8486]

I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Patricia I think she is the best broker I ever seen

[@williambrown3889]

She helped me recover what I lost trying to trade my self

[@robertos6290]

🚨Who's this professional everyone is talking about I always see her post on top comment on every KZbin video I watched💡 I think I'm interested how can I get in touch with Mrs Patricia👀

[@MrGoodgrades]

EXCELLENT VIDEO!!!

[@igorg.8624]

The takeaway from this video: understanding expenses is the single most important number for multi-family properties.

[@eBenkyou]

I buy a house every 1.5 years and do this. Easy money. Makes me feel like I should do videos on how I did it all. lol

[@yellowsocksification]

Make one!!!!

[@Brandon-tz5pn]

Please do

[@lancebaker1374]

Do you have a mortgage? How much do you owe? This is where the Easy Money goes - to pay the mortgage.

[@eBenkyou]

@@lancebaker1374 No, no mortgages on any of my properties. I buy them cash out right; so much better that way.

[@kirisutegomen12]

@@eBenkyou you must either be wealthy or buying in the ghetto

[@realtorresidentialycommerc2614]

Excellent video thank you so much for your teaching, it's helpful.