How Much I Make from 6 Rental Properties

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Have you wanted to invest in real estate for the longest time but haven’t bought your first house? This channel is made for you. At Investarters, we break down the overwhelming concepts in real estate investing and make tools to help you stop waiting and start investing in your first property.
The real estate world is full of information, but plenty of that information is general, there’s too much of it, there’s conflicting advice and we get stuck in analysis paralysis. We know too much and don’t know how to get started anymore. I was in this position too, for 4 years. So I understand you and your struggles. Its hard to get started with your real estate investing journey. My goal is to break things down so we remove the confusion of the space and make it easy to get you buying your first rental real estate property.
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[@ay-kae]

10:40 born and raised in Akron and I’ll say you definitely can find cash flow properties here. You will likely sacrifice for lack of appreciation though, and don’t be surprised to deal with troubled tenants

[@ay-kae]

Check out CC Realty for property management …. Unless you already use them? I see you said 11% you might use them already ?

[@rentalstoriches]

Yes - I have not had troubled tenants but appreciation is something I know I am lacking

[@HappyPenguin75034]

$4k for property taxes for that house in Akron? No. No. Something isn’t right. And $140k invested for $600 a month cash flow. Scary. I bought house in Akron in 2017. Fully remodeled. $82k sfh. 20% down. Say $18k. I make $500 a month ncf. Value today $150k. Tax is $2100 a year. If you cash out and have a mortgage - no ncf.

[@chocolatehotsauce1]

Thanks for this vid man, very eye opening. The back ground "gah damn" had me cracking up 😂

[@rentalstoriches]

you got it! I am glad it was useful to you, please share it with one person who might get use out of this. I want to help more people!

[@MrMano54]

This the realest real estate video I've ever seen.

[@rentalstoriches]

I’m glad you understand :)

[@HonJazzz]

I wish more families would put their money together towards common investment goals. Nice work!

[@rentalstoriches]

thank you!

[@jamieray6022]

Thanks for a honest video . I’m sick all these “ investors” fi in 1 year with 50 doors. SMH

[@rentalstoriches]

Yeah it’s possible but extremely difficult I’m trying to build that wealth in a sustainable way!

[@christhetrend]

But doesn’t your monthly mortgage go up after you fix up and refinance??

[@Kjll3rUnjc0rn5]

Finally an honest video, that educates!

[@jerekoberholtzer]

Who do you get flood insurance through? I pay way more than that!

[@Wtfheillo]

Question: if i get a loan to buy a rental property. Can i still get a second loan to buy another rental property?? Or do i have to wait until the first loan is paid off 10+ years??

[@byronrogers4489]

What area are you in? Where are the properties located?

[@ML-hd3md]

Thank you for sharing! I just subscribe. Keep up your good effort. Money will come ...

[@rentalstoriches]

Thanks for subscribing and I am glad you liked it! Anything specific you want me to make a video on or any questions you want me to answer?

[@jamesoakes4869]

I have four properties with no loans.

[@rentalstoriches]

How’s that working out?

[@DJTrinivibes4U]

Wowwww

[@marksimon8393]

Great job on your real down! Thank you,

[@rentalstoriches]

what is my real down?

[@DoctorDollarMoney]

Great video, straight to the point! if you keep on BRRRR your going to retire within the next couple years for sure.

[@rentalstoriches]

thanks!

[@johnlamb4465]

Realest KZbinr yet! You didn’t present yourself as some Guru, you didn’t leave out the parts where you collar’s with other investors (family). This economy sucks and you didn’t let that discourage you. You want to retire your parents. Thank you for being so transparent! Sub’d

[@rentalstoriches]

I appreciate that! That is my goal - I am a few steps ahead of beginners and just trying to help them level up with actionable real information!

[@jasonjosephlee]

Great video! DO you buy for appreciation or for cash flow??

[@ekowanderson6396]

How is buying out of state look like? Cus you're not there personally so Property Manager will take care of things for you. And also please how do you find out of state good deals? Thank you

[@rentalstoriches]

Hey Ekow! I just made an entire hour long video training on how I buy rental properties out of state, make sure to check it out! kzbin.info/www/bejne/fl7EpquweraCf6s&si=EnSIkaIECMiOmarE

[@jerek2114]

Good stuff👍

[@rentalstoriches]

Thanks 👍

[@Live-Life-Freely]

Rome wasn't built in a day. However, their foundations can still be seen today. Good video and great conservative approach.

[@rentalstoriches]

Thanks man, just trying to build something sustainable for our families future

[@tianasmall4063]

Is there some requirements I should have before buying your program?

[@rentalstoriches]

I would just have enough money saved minimum 25,000

[@tianasmall4063]

Ok thank you

[@tonytucker8651]

@@rentalstoriches This is comment where you are selling a program 😂😂 you do not lie well at all.

[@Dammmguddd023]

Good going bro, keep it up. All you need to do is rinse and repeat. Having economies of scale will solve a lot of your current problems.

[@crypto_ai_v2]

Are any of your units section 8? Also, why you didn't like the 1st property management company?

[@rentalstoriches]

One is partial section 8 but it was an inherited tenant, I did not like them because they were really slow to handle things

[@williamgoodlett4938]

fundrise I have lost $63 since three days ago. I have lost $400. Maybe use groundfloor or landa in that order. But nothing beats you actually buying the property yourself!

[@rentalstoriches]

Yes that is true!

[@gregcastillo2533]

Do you do 1 on 1 course

[@rentalstoriches]

No

[@BLANCOFromTheBRONX]

This was a great video

[@rentalstoriches]

Thanks! Should I make an updated one?

[@BLANCOFromTheBRONX]

@rentalstoriches Yes! I would like to purchase a rental property. So, more videos on buying homes in different areas, do you accept section 8? How do you find properties and management companies when your living in another state

[@eugenberzani1216]

Daddy or bank, wouldnt it be the same effort?

[@rentalstoriches]

Yes, either that or you could invest with other people and it wouldn't make a difference.

[@eugenberzani1216]

@@rentalstoriches great content! THank you for sharing!! indeed! we must not forget wealthy kids who end up doing drugs. hunter biden is one of them

[@Investing123]

Great video

[@rentalstoriches]

Glad you enjoyed it

[@TheRealKimJong-Il]

Youre all over the place. Arent these locations far for you? Was it too hard to find places nearby you?

[@rentalstoriches]

Finding places in the expensive cities I have lived in was hard yes so I looked elsewhere, they are far, I never go

[@mraarontorres]

Awesome great ideas , Just let me know that physically. Working hourly for my money's not going to work , i need to be a manipulator of money .. Just sucks that most of us don't have. Capital or family help i think the negativity pple are giving comes from that Is there some sort of class or courses that teaches you all of these money manipulation tactics or schooling

[@rentalstoriches]

I don't have a course on money manipulation, but I have a course on how to buy your first rental property!

[@RustServcies]

do airbnb

[@Bigtimeinvestor414]

Underrated channel! Great content keep it up!

[@rentalstoriches]

I am glad you loved it! I will keep making more!

[@americansupertramp]

Holly Shat Dude.That's alot of work to turn that cashflow.Not the way I do it for sure. LO.L. Understand what you are doing. It should pay off well for you.

[@rentalstoriches]

thanks man!

[@r.j.w7924]

I appreciate the honesty and full transparency here. It says a lot about you. So does your father trusting you with the equity in his house. However that being said that's just not remotely enough cash flow to get me excited personally. Especially on multi-units. Not to mention that the areas you bought in don't seem to be burning it up in terms of long term appreciation either. I just think there's better deals out there. Just my opinion.

[@rentalstoriches]

Thanks! Where are you investing that would get you excited?

[@r.j.w7924]

@@rentalstoriches Well I do very small commercial buildings in SE Michigan. I have a few 4-8 units and a small warehouse. Not a big fan of single family at all. And multi unit residential would only excite me if it was 8 unit and up. (Not that I could do a huge residential deal or anything just saying residential is so tough it would take something like that to even interest me if you get what I'm saying...) Margins are too low for my tastes and it's hard getting rid of problem tenants. I cash flow on average about 2k a month on each property because I get to charge higher leases and subdivide, etc. But everyone does it differently.

[@NewJohnRefuse]

Smart moves man

[@rentalstoriches]

I appreciate that! Are you investing?

[@devunicorns]

No way any of these places are anywhere near the west coast, 200k for a duplex? Please… lucky to find that for 800k

[@rentalstoriches]

I believe I say where they are in the video

[@Zucchini-official]

What rental market? Where

[@rentalstoriches]

Some in NJ, Some in OH and one in AR

[@MyGingercat]

I’m proud of you. I’m all in on multiple SFR homes. Those vacancies ..you’re spot on.

[@rentalstoriches]

What happened to yours?

[@samilbueno1305]

Do you need a real estate license for this, also how do you manage keeping track of all the houses as in if the tenants need assistance or getting payments?

[@rentalstoriches]

No you don’t need a license to do this you will likely use a real estate agent to help you find that first property though! I have property managers that keep track of all the payment and assistance!

[@samilbueno1305]

@@rentalstoriches copy appreciate it

[@shaunandireneplus4]

I don't Care about making profit now, the main thing is the mortgages will be paid off 1 day and then comes the real payday 👍

[@rentalstoriches]

@@shaunandireneplus4 thanks for opinion!

[@Tuvya-u7j]

Good!

[@rentalstoriches]

Thank you! Cheers!

[@definitelynotlebronjames443]

I heard “triplex and 195k” and immediately knew this was sketch

[@HammerTrader95]

what do u do for work i assume u cant live on that amount of cash flow

[@rentalstoriches]

No I don’t touch it its to reinvest I make content helping beginners I used to be a software developer

[@ominous450]

He has 650k followers on TikTok

[@marshallhennington4369]

Be nice to the man! It doesn’t matter how he did it just matters that he got it done. Congrats bro!

[@rentalstoriches]

Thanks :)

[@drewdobbins8178]

No way I’d sleep at night with all of that debt. House of cards.

[@bronzebond4869]

Hopefully dude is being really honest because if he is, absolute props to him for admitting the growth needed and his willingness to learn. Wouldn’t be surprised if the video next year shows a lot more profit

[@rentalstoriches]

I am, I will make a follow up at the end of the year to show you how its changed or progressed!

[@andr0373]

This is great, realistic, and it shows how much work it takes to get a modest income. For anyone out there looking to get into this kind of thing it is a great line of business, but it isn't free money and it isn't easy. Starting with a owner occupied place is a great option and you can build from there. Obviously there is a lot to be make from equity building, but that takes a long time and comes with its own complications, again not free money. Keep up the good work and keep sharing.

[@rentalstoriches]

No its definitely not free money, but its definitely money and it grows over time!

[@KR8810]

Lawn $60.00?? That’s extremely low .. that guy needs to reorganize his life strategy

[@rentalstoriches]

😂

[@mattmorrison1408]

The 195k property in 2019 today would be 500k

[@rentalstoriches]

Its not its like maybe 300K

[@thekayakslayer3691]

One thing to note for anyone trying to get into rental properties always charge utilities on the tenant instead of adding it to the rent you will get a larger profit margin

[@PermanentHigh]

Noted

[@ryanchalk2917]

Have you considered going into properties with more doors? While it would take more money it would help lower the effect of vacancy and provides good year to year rent increase. Interested in your thoughts.

[@rentalstoriches]

I have considered that over time I think I’ll add some of those to my portfolio

[@VaguelyUncertain]

Considered not buying homes so other people can own one? A million ways to make money in America and rental properties are by far the most evil way. Taking any chance of building equity from new families by driving up demand in the housing market.

[@rentalstoriches]

I did consider that. When you look at the actual economics of why people cannot afford homes there are alot more factors that hold a significant more amount of weight than me buying homes to provide a service to other people. Have you considered that?

[@tonytucker8651]

Bad news for all you positive never purchased a rental property supporters. Using his model he turned a $300,000!cash endowment into less than $2500/ mo and he left out property taxes on the last property he owns. Also, I caught him lying about the purchase price of the duplex in Little Rock, AR. Ya’ll waste all this energy and money on people targeting you to sale courses. Get out there and learn from your own mistakes this guy isn’t good with his own money yet. Why are you paying for any courses he has to offer

[@rentalstoriches]

1. I don't know what you are talking about in terms of paying for courses, my course is literally free. 2.I do not lie, this video was as honest as anyone could ever be, so please feel free to tell me how I lied. 3. Now, if I made a mistake in my calculations in one thing, but where did I leave out property taxes in my calculation?

[@tonytucker8651]

@@rentalstoriches 1. You to someone $2500 for training. 2. We talked awhile about you duplex in Little Rock, AR. 3. You turned $300,000 into into less than $2,400/ mo. That ls a 0.8% return on your money. The stock market performs better than that on modest investments. You shouldn’t be training anyone yet. You have the action part, but your execution needs to be adjusted. You are banking appreciation whether you know it or not. In areas that don’t have a history of appreciating.

[@rentalstoriches]

1. Not sure what you are talking about Where do I offer that? 2. What about the property in Little Rock? I didn't lie about the purchase price of the property? 3. You get taxed on stock market gains where as real estate is most tax free due to deductions, yes I am aware I am building equity and some appreciation. ROI is more rthan $2,400/month thats without savings income in the properties

[@tonytucker8651]

@@rentalstoriches tianasmall4063 inquired about your program. You told her she should have $25,000. Again you are deceitful about meaningless things. I know you are a con artist looking to turn a dollar off inexperienced people. You never included the cost of the $300,000 loan in your list of serviced debts. You not making 2500/ mo because you have pay for that money. If it’s a heloc it is interest only and a variable rate. You are getting your ass eaten alive and trying to sell programs to other people.

[@angelcarrascoza3996]

You didn’t count the cost of your Dads 300k ???

[@rentalstoriches]

In what part? In the mortgage amounts?

[@angelcarrascoza3996]

@@rentalstoriches from total cash flow you didn’t subtract the monthly expense of the 300k borrow against your fathers home. That payment should come directly from cash flow

[@stephb7702]

Daddy gave you 300k… how cute

[@rentalstoriches]

you know that was debt that I took out in my name as well right? My dad didn't have 300 K sitting in the bank

[@stephb7702]

@@rentalstoriches and the house is in your dads name...

[@jamieray6022]

Brrr

[@rentalstoriches]

Yes!

[@LMFTKWLDG]

Daddy's money...YAWN

[@rentalstoriches]

thanks for watching and your opinion!

[@lothar34]

If you just want to hate on where he got his seed money than you are missing the point my dude. There's quality info here

[@rentalstoriches]

@@lothar34 people get blinded by that but don't see the value I tried to provide.

[@Live-Life-Freely]

That actually says a lot about him. It means his father trusts so much in him he's willing to get a loan on his home and then go into business with his son.

[@rentalstoriches]

Thanks for being positive!

[@morganhill2586]

Quit hating! Damed if you do damed if you dont get help from mommy/daddy.. We ahould put that on tje pedistol, Family helping and not enabling.. great job

[@rentalstoriches]

thank you!

[@GTLopez513]

Thank democrats for your high interest rates

[@rentalstoriches]

😂😂😂

[@marlo484]

The Republicans literally doubled the money supply lol

[@KyleDonahue6]

“Jews”

[@oshitomaha]

How much are you in debt with HELOCs? I’m trying to pay my heloc down cus that shit just jumped from 3% to 10.5% lol.

[@rentalstoriches]

No HELOCs yet, but I do have like $1M in Debt probably I have to total it up

[@Goldap777]

You property investors killed America dude smh 😢

[@rentalstoriches]

No we didn't home buyers did, they over bid on properties!

[@andr0373]

These look like pretty rough houses and a lot (not all) property owners are going to take better care of the places than the regular owners of these houses. He's doing a ton of work, improving the neighborhoods, and like most property managers isn't making very much (6 houses and 15 or so tenants is a lot of work for only 50k a year, a lot of which is taxable).

[@azaryahdamanifestor3985]

Ignore the haters big dawg you taught me a lot 👍🏽. The watchers will always find a way to hate on the doers just like nature intended, I’m 25yr and I’m building my network marketing firm providing securities & term life insurance but while I’m hiring & developing other brokers I’m looking into starting a diverse portfolio including real estate , trading & some more investing. This video really showed me the tough reality of the game I’ve been reading a lot about but I can see you’re playing for the long haul. Not sure if this is what I’ll get into I’ll just invest into some REITs until my other business can produce enough income for me to comfortably take short term losses . My main goal for rental properties would just be to create assets for my family to own.

[@rentalstoriches]

I appreciate that! And yes it takes time, just like building a business, you got to be able to do what is best for you and your family. I will be offering the ability for my audience to invest with me soon, so be on the lookout for that!