See how much cashflow I ACTUALLY made on my very 1st rental property! ► kzbin.info/www/bejne/b5-8np-Qm7V5bbs
@tteariki3303 жыл бұрын
Thank you Coach for these calculations and explanation regarding Rental Property/Properties.
@CoachChadCarson3 жыл бұрын
You're welcome! Thanks for watching.
@Jetsetfastfood3 жыл бұрын
Finally a clear explanation for this! Thank you 🙏
@CoachChadCarson3 жыл бұрын
Glad it was helpful! Thanks for watching.
@mauricioramirez28133 жыл бұрын
I found your videos a couple weeks ago, I like them very much! They are very good for financial concepts. they are visual, clear, simple and straight to the point. I already subscribed. Than you.
@CoachChadCarson3 жыл бұрын
I appreciate the feedback, Mauricio! Glad my videos are helpful. Thanks for subscribing.
@mcarroll783 жыл бұрын
Yes! Please cover income taxes and how to think through them. Thx!
@CoachChadCarson3 жыл бұрын
will do! coming soon.
@sharonbeatty80473 жыл бұрын
Thank you for the clear explanation of cash flow! Do appreciate that you bring up income taxes as a cost of doing business and I would love to see a video of that
@CoachChadCarson3 жыл бұрын
I will plan to do a video on income taxes. Definitely an important part of it. Thanks for watching!
@robrome25463 жыл бұрын
Great job of covering the essentials of a complex subject!
@CoachChadCarson3 жыл бұрын
Thanks for the feedback, Rob!
@kai_alkasas3 жыл бұрын
Thank you! Great tool for finding your numbers.
@CoachChadCarson3 жыл бұрын
Glad it was helpful! Thanks for watching.
@rachanareddy6463 жыл бұрын
Great video! Thoroughly explained and easy to understand.
@CoachChadCarson3 жыл бұрын
Thank you for watching, Rachana!
@Lobsterman54819 ай бұрын
Great video! Yes! Please cover income taxes. Thank
@CoachChadCarson8 ай бұрын
You got it! This video goes into detail on the subject: kzbin.info/www/bejne/iZixiZ9umtaUaLc
@sharonpichai66553 жыл бұрын
Very good video. Would love to see you consider how taxes affect the bottom line.
@CoachChadCarson3 жыл бұрын
Thank you Sharon. I will plan to do a video on the tax implications for cash flow.
@terencejamesmusic4126 Жыл бұрын
Excellent.Thanks.
@deem6930 Жыл бұрын
what resources would you recommend for a beginner in property investing?
@dbiv442 жыл бұрын
Thanks, great lessons
@CoachChadCarson2 жыл бұрын
Thanks for watching!
@ReiShirouOfficial2 ай бұрын
A question Holding cost is an up front cost So it goes in the demoninator Coc return is NiAF/Money in the deal Is it me or is it when cash flow is shown negative Having a higher holding cost messes up your calculations cause making your demoninator bigger makes your coc return go towards zero Even tho it should be showing a bigger negative coc value
@wolfpack2233 Жыл бұрын
Is there a video of you using the "simple rental calculator" spreadsheet?
@ghuruba883 жыл бұрын
Hello coach , i hope you are always healthy .. can you show the formula how to calculate if my rental is fully furnished , i buy empty house without furniture and add furniture for get more cashflow , cost for all the furniture $7500 .. how much should i charge per month ?
@Beck-Stein3 жыл бұрын
Could you do a video on bad renters and legality of kicking them out?
@CoachChadCarson3 жыл бұрын
Good idea. Added to my list. thank you.
@stevenroshni12283 жыл бұрын
A video about the income tax would be great. A lot overlook it saying it gets cancelled out by depreciation.
@CoachChadCarson3 жыл бұрын
Thanks Abu. Yes, sometimes it's not a factor with depreciation because it shelters all the taxable income from tax. But not always! And it's good to know the whole picture.
@anthonyramirez76637 ай бұрын
How much is property tax??is it true is more if ur not going to live in it ??
@calklobuchar2 жыл бұрын
I have a friend who owns 50 rental property’s, and he doesn’t remember the location of one would a lost assest/property search be a way to find it?
@hollidayhomestead24202 жыл бұрын
I live in Belton. We're trying to figure out if we should rent out our house, or sell it.
@CoachChadCarson2 жыл бұрын
Three basic questions may help: 1. Will your house cash flow positive you rent. 2. Will it likely be worth more in 10 years than now? 3.are there any major maintenance/repair issues that will cost you in next 10 years?
@Sebastian-wx5gg2 жыл бұрын
Hi Coach Carson! The spreadsheet link does not work unfortunately, is it possible to receive it somehow? I've also posted a comment on the website. Awesome work! / Sebastian
@CoachChadCarson2 жыл бұрын
hey Sebastian. I just tried it and it worked for me. Did you try this link? www.coachcarson.com/cash-flow-spreadsheet-calculator/ If it doesn't work still, can you let me know what you're seeing? thanks and sorry for the trouble!
@007Cajun3 жыл бұрын
Coach - if we have the ability to pay cash for our first rental, should we? Or should we get a loan and use other people’s money?
@CoachChadCarson3 жыл бұрын
It depends on what helps you sleep at night. If you pay cash, you can always refinance later. So, it's not a bad strategy to start. If you don't get a loan, just make sure to still do all your due diligence, get inspections, etc so that you don't miss anything big on the property. I wrote this article about investing without debt: www.coachcarson.com/real-estate-investing-without-debt/
@stephenmacknik32123 жыл бұрын
Thanks!
@CoachChadCarson3 жыл бұрын
Thank you!
@kasokachibanga88372 жыл бұрын
How does paying down principle build wealth?🤔. I get confused
@CoachChadCarson2 жыл бұрын
The money you pay off on your debt can turn into equity. So you own more of that property. Your net worth (wealth) goes up
@GymboProductions2 жыл бұрын
Good job 👍 Your explanation was very helpful. Come on down to Charleston and let’s buy a couple of properties together,,,,,,,partner!!! 😜
@oggarrett47793 жыл бұрын
Please cover taxes
@tteariki3303 жыл бұрын
Coach can you send me your property calculations Please.????
@CoachChadCarson3 жыл бұрын
Tere, the link to the spreadsheet is in the video description.