How I'm Retiring After Owning One Single Rental Property .. Investing $100,000 at 25 Years Old

[@AngelLopez-oy2xq]

Content like this is going to put you way ahead in a matter of time!! I’m excited to see what future content you have for us

[@CadenLeno]

I appreciate the support!!

[@Nmartin0021]

Proud of you man this is awesome!

[@CadenLeno]

Thank you brother!!

[@Musaine]

My boy Leno 💪

[@juanmacias4348]

Great video man and amazing break down of the numbers!💯

[@CadenLeno]

Glad you liked it!

[@adrianvaltierra7882]

keep it up bro, I enjoy your content man

[@CadenLeno]

Thank you Adrian I appreciate it!

[@LucarioHeyes]

I am a Computer Engineer as well as an athlete, I am pursing real estate as well because I want to combine the 2, but you are a definite inspiration man for real Congratulations Bossmon ✊🏽💯💯

[@CadenLeno]

I appreciate the comment man thank you! Definitely doesn’t hurt to have in your bag🙏🏽

[@zayhernandez7640]

such a inspiration keep it up 🙏🏾

[@CadenLeno]

I appreciate that thank you Zay!

[@ZellYourRealtor]

Thank you for sharing! Your growth is truly amazing!!

[@CadenLeno]

I appreciate you always supporting bro!

[@makqz]

Just started an online course for real estate! Cant wait to get my license! Thanks for the motivation 👍🏼

[@CadenLeno]

Appreciate the support, and good luck on your course!

[@Duplexes_Ebay]

I wouldn't have sold no way you need to keep a portfolio of at least four houses just because we are in America you can buy stocks literally at any time no one's stopping you all this was the house money you made your money back the first year. It's way better than retire with real estate than stocks less volatility. Not to mention I heard you say nothing about taxes. Great video

[@CG-uk1vz]

Dude, you could've kept the house and still put 12k a year into the stock market. That way you would have 351k in the stock market plus your 400K+ property. You would've been better off keeping the house because it would be no tax on the first 250k (and if you get married, no tax on the first 500k), as opposed to your 738k stock portfolio getting hit with a 15-20% capital gains tax (and that's if capital gains tax don't rise over the next 15 years). Lastly, your housing payment would've been set for the next 15 years which means you could've saved even more money. Can you imagine how much rent will be 15 years from now? I would've kept the house and still invested in the stock market. Either way, congrats on your gains at such a young age.

[@Duplexes_Ebay]

I was thinking this exact same thing once in a lifetime opportunity😮 type sad lol

[@prestondrehobl7700]

Caden, would you mind putting out a video on why you chose Homesmart? what kind of training/incentives do they offer?

[@Jayzengames]

You got discord or something? Your videos are really inspiring. Would love to pick your brain on where I should even start as an agent.

[@Feddy99]

Hey Caden amazing vid as usual! I was wondering if you were ever venturing out into the commercial real estate investing scene or representing commercial clients as a realtor. Just curious.

[@CadenLeno]

Hey Fedrik! Thank you for the comment. I don't currently plan on venturing into clients in the commercial space just because I'm focusing more on becoming the best residential agent I can and commercial is a whole different ball game. I would invest in commercial real estate though if the right deal came up!

[@TheReeho]

I see your angle but your true coc should be based on the initial 10k you put down on the house. I think the better approach would’ve been a HELOC and buying another property whenever you see a good deal. You can start a retirement account anytime and contribute as you would normally. Could’ve done both RE and stocks. I wouldn’t count the 130k as your cash since it’s from appreciation so your 4% COC is inaccurate. It’s more like 100% lol since you made your 10k back on the first yr. You were leveraging 294k house with 10k and made 130k. If you put that in 10k in to stocks you would’ve made like $2k if lucky the way shits tanked. That’s the power of leverage in RE. GL doing that on stocks lol. Wish you all the best regardless! Loving the content

[@CadenLeno]

Hey man I appreciate the insight. Honestly I typed out this long response but I cant keep up with explaining because the best part about investing is there’s a million different ways to do it and every person can make their own decision for wherever they’re at in life. I can’t explain every little detail in a 10 minute video but if you heard the conversations I had with many investors and real estate professionals you’d know more about the decision but this video was mostly to show everyone what a simple $10k investment can do it in the right market. Real estates slower right now so leaving it in wouldn’t do me much good. I do appreciate the insight and the support! Just hard to go in depth on a portfolio analysis and decision through a 10 minute video haha

[@CadenLeno]

I do really quickly want to mention as well for your future deals you should consider your equity in a property apart of your cash on cash return regardless of if it's value gained over years of ownership. If you have equity that's the amount of "cash" you have in the property. Cash on cash is the amount made on your total investment over the course of a year and by leaving $130k in equity into the house that is how much I have invested. Every real estate professional or investor reevaluates their portfolios this way to see how much equity they've gained and if the cash would make a better return somewhere else. Just my two cents but I'm not an advisor or a genius but your way of thinking is just a different perspective which in return does make me look like an investing genius but a perspective that wouldn't serve me well making future decisions. Hope this helps! Again I appreciate the support and feedback.

[@isaiahcastillo5771]

Hello Caden, what is a credible source of information/website that you have used to learn how to flip houses? I am eager to learn how to do that in my community. Also, does it require lots of money?

[@CadenLeno]

Biggerpockets.com is a great place to start! Great advice on starting with no money too.

[@mattklages7747]

Dont you have to pay taxes on those gains? You have to factor that in when calculating your net return on equity? Also, why not do a 1031 Exchange into a better performing asset? The benefit to real estate compared to stocks are all of the write offs you get especially depreciation.

[@CadenLeno]

As I kinda mentioned in the video the purpose of me selling was to establish a safe retirement account for my family and I to not have to worry. At this point we have a small Roth account that we could not retire on if we wanted to if all else went bad. Selling was a safe way to ensure if I do nothing else I will have a retirement fund for us. Also mentioned interest rates at 6-7% right now so within a 1031 exchange into another property there’s no deal that will cash flow me what this property did and make a return that a stock investment account can for me because of that. Depreciation is awesome that’s for sure, but you do have to factor what you depreciate in when you sell so you’re going to pay most of that write off back when you sell it because you’re just deducting it from your earned income for the time being. Establishing a 401k for instance will allow me to pull out over 2 million tax free if this scenario is 100% perfect which it won't be but in this moment this is what will work best for my family and I. Hope that helps. In short selling was a safe way to ensure we could retire when the time came.

[@CadenLeno]

Also mentioned that investment strategy isn't always just about the money but also what you have going on in your life. I suggest anyone reading this establishes a Roth IRA or some sort of Individual retirement account that you can start contributing to monthly so your money compounds over time. I'm not a CPA, financial advisor, or a genius but this is what's helped me in life so far and what I feel will help me with a safety net in the later years.

[@IanRoughtean]

What about the capital gains? Selling at 2 years?

[@CadenLeno]

Long term capital gains since I lived in it last year and depending on your tax rate can be 15-20% which is where I got 130k after $155,500!

[@IanRoughtean]

Why wouldn't you hold for at least 5 years? You'd have cash flow and appreciation. And no capital gains. 💪

[@CadenLeno]

Not true man the only way you don’t pay capital gains is if you’ve lived in the house for 2 years. I’d actually pay more capital gains if I kept it for 5 years. I explained my reasoning in the video but I also 13x my money in 2 years and wanted to move it because I believe there will be a better opportunity into something bigger in the future.

[@CadenLeno]

Anybody notice the new quality in camera?

[@chrisratcliff8155]

Yes!

[@CadenLeno]

@@chrisratcliff8155 yessir thanks Chris glad you noticed!

[@Vladimir-JT]

idk how I feel about this....

[@CadenLeno]

Hmmm

[@robert.delarea8346]

Hey Caden I was wondering if there is any way to contact you like email, instagram, etc