Acquiring my first rental property was a pivotal step in my investment journey. It's not just about owning property; it's about generating passive income and building long-term wealth. Finding the right property, understanding the market, and managing it effectively have been key. I wasnt financial free until my 50’s and I’m still in my 50’s, bought my second house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made
@christiniajoneswell2874 Жыл бұрын
I'm exploring different investment opportunities Mark and would appreciate more insights on how you invest
@markerpetertil Жыл бұрын
I initially started my investment journey with the guidance of an investment advisor named Regina Louise Collaro, she's widely recognized for her expertise so you might have come across her name. Her transparent approach granted me full control of my investments, and her fees are reasonable, considering my return on investment. Now, I benefit from her income strategies every month.Nonetheless, it's crucial to conduct thorough research before engaging with any investment advisor.
@christiniajoneswell2874 Жыл бұрын
That’s great , your investment advisor must be really good,I have seen testimonies of people using the help of investment advisors in making them more financial stable. Do you mind sharing more info on this person?
@markerpetertil Жыл бұрын
Regina Louise Collaro is based in the United States and can work with anybody wherever they stay. If you would like more information on reaching her, you can conduct a search online.
@eadad4371 Жыл бұрын
Personally, I'm blessed and realizing I'm not the only one working with Regina Louise Collaro. I will consider myself lucky. I've been able to feed and make a living through her advice and great work. For such a person as Regina, I owe her gratitude, support and endless prayers as it is not easy to gain access to such a competent and reliable adviser. Who isn't just wise but has all it takes to handle an investment and is good at what she does
@MissEe2023 Жыл бұрын
Thank you!! I’ve been wanting to see someone in real time evaluating a property, where to find costs, etc.
@seanlovesrealestate Жыл бұрын
Glad it was helpful!
@cookeymonster23199 ай бұрын
Thank ya so much for making it easy for me to learn i cant wait to begin my journey
@seanlovesrealestate9 ай бұрын
You got this! Best of luck ☺️
@trevoradams722510 ай бұрын
Must be nice finding houses for 80-150k. That's what half the cost of lots go for in Ontario currently. Can you do a breakdown for Ontario? Be curious what you can find
@seanlovesrealestate8 ай бұрын
I'm sure there are places in Canada with those price points. You just have to look!
@holdenperkes52313 ай бұрын
He did also bring up a point in like San Francisco where properties are selling for way more than what you could get on your return maybe your spot is just uninvestable and you should look at places nearby
@trevoradams72252 ай бұрын
@@holdenperkes5231 all of southwestern Ontario is nuts. Lots go for 200-500k cad before even building the house in any city from the border of Detroit to quebec
@holdenperkes52312 ай бұрын
@@trevoradams7225 that is pretty expensive. My area is tough as well. We just picked up our first rental for 75k but it needs a good amount of work. That was a steal at that price and I don't think we're going to be able to replicate it anytime soon
@holdenperkes52312 ай бұрын
@@trevoradams7225 are there any places some time away that are cheap? Like in the US it seems the south hasn't been hit nearly as hard as parts of the west.
@DoubleBob Жыл бұрын
I'd like to see a video about property managers. What to expect, what to look for, how much to pay them, how to do it yourself, what the risks are.
@seanlovesrealestate Жыл бұрын
That's a great idea. We'll work on it and hopefully have a video about it soon!
@tyrone-tydavis585811 ай бұрын
1% rule is total BS in an appreciating market. You make a major mistake by buying into it because it completely misses rent and property appreciation as well as the tax reduction value of the property. Real case current example... Purchased a 4‐plex for $210k on 2018. Rents were
@CalrosACJ5510 ай бұрын
What do the calculations look like if you’re trying to house hack your first home
@seanlovesrealestate9 ай бұрын
It's the same thing, except the numbers you put for "rent" will be slightly lower
@ParrishClontz16 күн бұрын
Is the calculator a one time purchase or monthly or what?
@seanlovesrealestate12 күн бұрын
Just one time purchase
@newtut2398 Жыл бұрын
This is helpful. Thanks!
@seanlovesrealestate Жыл бұрын
Wecome!
@SabineCedor3 ай бұрын
Very practical. Thanks for sharing
@seanlovesrealestate3 ай бұрын
You’re welcome!
@michaelespinoza420011 ай бұрын
Love the spreadsheet calculator, super simple
@seanlovesrealestate11 ай бұрын
Glad you like it!
@javiersein-e8x3 ай бұрын
Hi, I can't buy the Property Analysis Calculator because on the state list you don't have Puerto Rico. So the system don't let me finish the process to buy.
@shumatsuopost Жыл бұрын
Great video! Analyzing rental properties can be tricky, but you explained everything so clearly. This is definitely a great resource for beginners. Thanks for sharing!
@seanlovesrealestate Жыл бұрын
Thank you, Shu Matsuo! ☺️
@helenat1259 Жыл бұрын
Where's the spreadsheet and coupon?
@seanlovesrealestate Жыл бұрын
Hey Helene, I added it in the description. Property Analysis Calculator - 50% off! sharonsean.teachable.com/p/property-analysis-calculator?coupon_code=SEANYT50&product_id=2808384
@venusdyk6378 ай бұрын
Love your videos! Have you ever thought about giving your calculator for free?
@seanlovesrealestate8 ай бұрын
Thanks for watching! This one took a lot of time to make and works really well for analyzing deals. We include it as part of our course (remote rental riches) but it's also really affordable by itself :).
@grant72458 ай бұрын
Hello, I believe the Gross Rent Multiplier has the wrong cell reference, at least on the version I received! Love the calculator, thank you.
@seanlovesrealestate8 ай бұрын
Thanks for getting the calculator! I just checked and I'm doing Gross rent/Sales price, so it looks right to me. What cells are you expecting it to reference?
@MM-overtime11 ай бұрын
I did not see the link for your spread sheet. Also great thorough video
This was very informative, but can you make a video on short-term and long term rental properties. Airbnb etc
@seanlovesrealestate Жыл бұрын
That's a great idea. Thanks!
@haydenletch11 ай бұрын
The GRM calculation is wrong on your model. It should divide yearly rent, not monthly
@seanlovesrealestate8 ай бұрын
I used the monthly gross rent version. But I can adjust it in the next version :)
@TheCommonSwift7 ай бұрын
If that property listed for a 185, and sold before for 84, I It's more likely that the renovation costs was 50k, not 30k - that will give the investor 20% of cash on cash return, which is pretty good for a flip transition. Another thing that you should put in that the interest rate will be mach higher if you bay a property in such condition, and you gonna have couple of vacancy mouth during the renovation period
@seanlovesrealestate3 ай бұрын
Yup, costs can vary a lot so do your research before you buy anything!
@elepium19143 ай бұрын
what can i do in locations with homes reaching up to 500k and average rent 2800-3000 in a college community
@realisrare4209 ай бұрын
I have things set up well enough to buy a home! But I’m 28, we do need a house, but I’m thinking of buying a duplex instead, and renting both parts out and continue to rent myself..
@realisrare4209 ай бұрын
I’ve just started my investment journey a little over a year ago, stocks, roth, I have a decent paying job, making 5k + in PA. The duplex I’m looking at is 145,000. I have the 3.5 percent for a FHA, but I wouldn’t want to live in the home because of size, and the area. Rent could roughly be 800-900 bucks, both units are 2 br. They would get filled up quick! I think I could hold off a couple more years until I purchase a home! Maybe a good chance for me to make some more income!? What you think buddy 😂
@realisrare4209 ай бұрын
Mortgage for the house would be roughly 900-1000 a month, I could charge 900 for just one of the units.
@jakespencely6471 Жыл бұрын
How is it possible to get the 1% rule when house prices aren’t below 400k
@seanlovesrealestate Жыл бұрын
We tend to look out of state in those situations.
@pottersis Жыл бұрын
Really cool I will use this in my future!
@seanlovesrealestate Жыл бұрын
Best of luck on your journey!
@Tiff-n7d6 ай бұрын
How to find off-market listings?
@holdenperkes52313 ай бұрын
You could drive around your city and look for places that appear vacant and then get on a parcel viewer and it will tell you who the owner of that property is
@holdenperkes52313 ай бұрын
Say you live in Los Angeles you just type in Los Angeles parcel viewer
@pacheco903 ай бұрын
I just bought the calculator. Can you please check the formula on the GRM? It seems off. Also, didn't know you had a discount code for that.
@seanlovesrealestate3 ай бұрын
Hi, the original version uses the monthly GRM formula. If you want the yearly version just divide it by 12.
@pacheco903 ай бұрын
@@seanlovesrealestate Why does the sheet use ROI instead of IRR? Isn't it important to consider time when evaluating an asset that will be operating for years? Please advise.
@Unknown-wc1hi4 күн бұрын
how do you "look off market"
@seanlovesrealestate4 күн бұрын
You can check my video "how to find the best cities in 2025"
@cyprus-selectestates Жыл бұрын
I year is 12 months
@KaiPlays572 Жыл бұрын
I have no idea what half of what you said meant. Maybe a video to break down some of the terms?
@seanlovesrealestate Жыл бұрын
Thanks for the feedback! Which terms were you confused about? I can make a dedicated video that breaks down all of these details :)
@KaiPlays572 Жыл бұрын
@@seanlovesrealestate I think 'terms' might've been the wrong word. I mostly don't really know what's happening on the spreadsheet. What are the calculations used on it and might I be able to do them myself?
@footyxeditimsubbingtoevery5457 Жыл бұрын
@@seanlovesrealestateI agree, I had no clue what was happening please make a full video explaining this
@mikebrown43402 ай бұрын
You pay for the work book, THEN it makes you sign up with an email account before it lets you access it. It’s a deceitful way to sell your products. I was fine with buying the worksheet, but it wasn’t cool to make me sign up before you’d let me access it.
@christopherballesteros5659Ай бұрын
Do you have to pay to sign up after buying the Property Analysis Calculator? Or can I just buy the calculator and use it?
@GladysBoma-g9h Жыл бұрын
Sean please is it advisable to buy a condo
@seanlovesrealestate Жыл бұрын
I'm not a fan of condos
@jnice2074 Жыл бұрын
Question: is the total roi the home appreciation + coc return? Or just home appreciation? Thanks
@aaronwalker78522 ай бұрын
Would this spreadsheet work if your house hacking
@laurenduffy39603 ай бұрын
i bought the spreadsheet but it wont let me open in google sheets and i cant use excel....what do I do?
@seanlovesrealestate3 ай бұрын
I sent you an email!
@haydenletch11 ай бұрын
Your model calculated property tax wrong (185,000 * .02 = 3700)
@seanlovesrealestate4 ай бұрын
Can you show me what timestamp you're referring to? I go over a second property in the later half of the video so the numbers and property taxes change as well.
@irshadosman61403 ай бұрын
Great lesson
@seanlovesrealestate3 ай бұрын
Thanks!
@GladysBoma-g9h Жыл бұрын
Sean I noticed your mortgage was 30% I don't get it tho after my down payment will the mortgage handle the property payment
@seanlovesrealestate Жыл бұрын
The mortgage is a payment plan so that you pay off the loan that you got from your lender. They'll sometimes wrap in the insurance and property taxes too
@kennethastudillo2642 Жыл бұрын
Shawn tell me i bought a house for 40k and pple that pay me the rent are paying 1k a month is that ok?
@seanlovesrealestate Жыл бұрын
If you can get that rent, then that's a pretty good ratio!
@kennethastudillo2642 Жыл бұрын
@@seanlovesrealestate awesome bro thx for reply I just bought the home :)
@EduardoUndayon6 ай бұрын
Has to invest more and what app
@EduardoUndayon6 ай бұрын
Please
@matti2226 Жыл бұрын
Any recommendations for someone wanting to invest in Los Angeles?
@seanlovesrealestate Жыл бұрын
Most of my friends investing in Los Angeles are either flippers, Airbnb hosts, or are doing something funky with multi-family. I haven't really figured it out so I can't give you too much advice :)
@matti2226 Жыл бұрын
@@seanlovesrealestate thanks Sean!
@seanlovesrealestate Жыл бұрын
No problem ☺️
@shellym79 Жыл бұрын
There are places in the us where you can rent a house for $1400 😮 I can't get a 1 bedroom apartment for that in Massachusetts😢...I need to move.
@KentPaul Жыл бұрын
Chicopee MA avg rent for 1 bedroom is 1k
@seanlovesrealestate Жыл бұрын
Some of our homes rents for under $1k!
@BigRedShooter Жыл бұрын
Thank you
@seanlovesrealestate Жыл бұрын
My pleasure!
@suggesttwo Жыл бұрын
Fix and rent.
@seanlovesrealestate Жыл бұрын
Yes!
@keaganbrenkman6978 Жыл бұрын
Is the cash on cash return monthly or yearly?
@seanlovesrealestate3 ай бұрын
This is a yearly figure
@PewDiePie7776 ай бұрын
I am happy you are able to be doing videos and capitalise on what you like doing. Too bad You first need to get an actual cashflow by getting a high paying job, before being able to start getting money with properties.😢
@seanlovesrealestate3 ай бұрын
There are other methods to getting rentals with low money down. But generally speaking, yes, it's better to have a job, and save money to buy your first rental.
@AdutMathieu Жыл бұрын
Can I use this method in Australia?
@seanlovesrealestate3 ай бұрын
Yes! The figures should be similar
@pfan8758 Жыл бұрын
real estate price increased a lot since pandemic, its really hard to find ones that meet 1% rule now.(one month rent=1%of home price)
@seanlovesrealestate Жыл бұрын
It's always been hard to get into real estate but as properties in one market get more expensive, you should look to other markets that have more opportunities.
@V-Phoenix Жыл бұрын
@@seanlovesrealestateGetting into lots of real estate markets give you more chances and prevent risk so when one gets lowered in value the others will be great . Even tho a begginer move , it is a must do move .
@brandonolivera2105 Жыл бұрын
Can we use a dollar amount for property taxes on the calculator or does it need to be as a percentage?
@seanlovesrealestate Жыл бұрын
It's coded to take in a percentage but if you really want to, you can replace the output with a dollar amount!
@rolandhdz17 Жыл бұрын
good stuff
@seanlovesrealestate Жыл бұрын
Thanks!
@jPuma81711 ай бұрын
great video, but you wanna charge us for an excel spreadsheet wtf....
@DarkHorse_505 ай бұрын
Yeah don’t pay for it, can easily make one in excel
@seanlovesrealestate4 ай бұрын
I mentioned that you can make one yourself but it'll take a lot of time to make it right :)
@holdenperkes52313 ай бұрын
Why is it such a bad thing that he's trying to get paid for his work that he's put into something
@DarkHorse_503 ай бұрын
@@holdenperkes5231 not a bad thing, for sure he should charge if he put a lot of time into spreadsheet. Idk how much it is but it could be over priced. Maybe that’s why guy with first comment was outraged. Comes down to , do it yourself (which in my opinion is easy to do), or pay the fee to save time.
@investment6503 Жыл бұрын
Thanks for sharing! It’s very helpful. I’m wondering if you could make a video of how you can forecast the rental price will be going up 2-3% every year. If I’m a renter, I’d think if I’m paying for a higher price, why not move to a new one for the same amount of money? Everything will be new and fresh.
@seanlovesrealestate3 ай бұрын
It's just a figure that keeps up with inflation. Moving isn't cheap and the new rentals will also increase in price every year.
@premiumnetwork19533 ай бұрын
could i use this same spread sheet if i was to buy a 4plex?
@seanlovesrealestate3 ай бұрын
Yes!
@epictetus3406 Жыл бұрын
Since learning to analyze properties I realized what a bad investment real estate is. Thats why most youtubers are teaching people how to analyze instead of investing more themselves - the returns are dismal.
@seanlovesrealestate Жыл бұрын
Real estate investing is not a get-rich quick scheme. The total returns are often higher than what you can get by simply putting your money into the stock market. You also get great tax benefits on top of all of the gains. So it's actually an amazing investment.
@V-Phoenix Жыл бұрын
@@seanlovesrealestateReal estate is about getting rich in tranquility . To also get rich but to keep that balance if not making it better . Real estate is known as the safe method of getting rich . I also thought of investing in stocks but it is too risky . There are 2 things i would invest in . Solar panels cuz they lower my electricity bill and I get 12 to 18 percent returns . And ofc real estate my favourite milker .
@V-Phoenix Жыл бұрын
@@seanlovesrealestateIn a way real estate is like cooking an egg . If you coon in high heat is going to finish early but dry but if you cook in low heat , it is going to finish lately but it gets smoth and creamy . But real estate is more complex that it
@footyxeditimsubbingtoevery5457 Жыл бұрын
What about fix and flipping? It that also bad
@KCooly-s7l Жыл бұрын
I’m not lazy because I’d rather spend 12.50$ on a spreadsheet that would take me an hour to make lol it just makes sense
@liamcoetzee1583 Жыл бұрын
What would be a good Cash on Cash return if you are paying for the property in cash?
@seanlovesrealestate Жыл бұрын
ideally 10% or higher, but it really depends on your goals
@romangarcia8114 Жыл бұрын
When does the 1% rule not apply? For example if you purchase a home for 600k you would have to rent it for 6k/month. It's a little steep for rent. Appreciation in the area is great, but the rent would be closer to .7% or .8%
@seanlovesrealestate Жыл бұрын
Definitely! The 1% rule is just a rule of thumb and not a hard guideline. If you really like the property and location, then it's ok the get less cashflow.
@avivkedem3601 Жыл бұрын
They probably bought that $84K property cash..
@seanlovesrealestate Жыл бұрын
This was just an example property that I found online.
@hf9714 Жыл бұрын
is so easy to create a exel sheet and do the math but this guys are trying to sell the exel sheet, madness!
@seanlovesrealestate Жыл бұрын
You can definitely try to make your own spreadsheet, but it'll take a lot of time to get it right. Good luck!
@tw2800 Жыл бұрын
The 1% rule tells me to pass on this one.
@seanlovesrealestate Жыл бұрын
Yea, especially now that rates are much higher than before.
@Strikegaming16 Жыл бұрын
First one
@Knowledgeabletuber2 ай бұрын
Keep this in mind for those who don’t know and what these people won’t tell you. If you are buying a cheap property, you are buying a property in a bad area, a house no one who can afford to pay the rent without missing a payment won’t want to live in, and the people you will move in, won’t pass credit checks and will most likely damage property and skip out on multiple months of rent.
@irshadosman61403 ай бұрын
❤
@arthurbernestine2524 Жыл бұрын
Wow, why charge beginners to use excel calculators when there’s much bigger KZbin channels giving them out for free. You’ve lost all credibility. Your in it for the $ not to truly help others escape their financial burden. I’d never recommend your channel to anyone, I stand on that. I teach beginners to stay away from channels like this, ones that sell a dream and cause you to buy all their products thinking your going to get rich fast and only do they realize this is not true once they’ve spend over $2,000 on your courses, when the information is free on other channels. It’s a very LONG game till you get your first check. You can spend 7 months watching and paying for courses and still haven’t made a single sale. Otherwise, good value in your video.
@seanlovesrealestate Жыл бұрын
I charge $12.50 for the calculator that I built from scratch which is comparable to one meal at McDonalds. You can make one yourself and give it away for free if you want
@NextShotPickleball Жыл бұрын
Absolutely unrealistic in today’s market.
@seanlovesrealestate Жыл бұрын
It's not unrealistic as long as you are putting in the work to find good deals.
@liamoneil2254 Жыл бұрын
@@seanlovesrealestate Absolutely! Opportunities are there, you need to find them.
@lesterdiamonds276 ай бұрын
@@seanlovesrealestate I have 900k I see a property in a major metro in a solid area for 1.1M. I would need to take out 1-200k loan and would have no money in reserves. If everything checks out and it looks like cashflow would be about 1k a week or 4k a month after all expenses, if everything checks out should I pull the trigger?
@chehalpreetsingh68313 ай бұрын
@@lesterdiamonds27did you pull the trigger?
@lesterdiamonds273 ай бұрын
@@chehalpreetsingh6831 nope! I invested my money in t bills earning 5% or about 1k a week stress and time free! I wouldnt get i to realestate for a 10% return. 15% guaranteed i may revisit! But 1k a week invested and my time is free is priceless. Btw i live in an apt complex within two weeks ive had about three repair issues and the building has a massive leak that destroyed 4 floors. Real estate? No thank you!
@johnmcguire64434 ай бұрын
I bought your Deal Analysis calculator but the house I'm getting ready to buy is cheap so I,m going to pay cash and have no mortgage. The cash Flow section of the calc doesn't work since i have no mortgage. It's trying to divide by zero(0). Please tell me how to fix this. I don't know how to email to you. I can't find your email address.
@seanlovesrealestate4 ай бұрын
Hey John, I sent you an email with instructions on how to fix it. Let me know if you need anything else!
@Adrianna-Weeks11 ай бұрын
Wow, why charge beginners to use excel calculators when there’s much bigger KZbin channels giving them out for free. You’ve lost all credibility. Your in it for the $ not to truly help others escape their financial burden. I’d never recommend your channel to anyone, I stand on that. I teach beginners to stay away from channels like this, ones that sell a dream and cause you to buy all their products thinking your going to get rich fast and only do they realize this is not true once they’ve spend over $2,000 on your courses, when the information is free on other channels. It’s a very LONG game till you get your first check. You can spend 7 months watching and paying for courses and still haven’t made a single sale. Otherwise, good value in your video.
@seanlovesrealestate8 ай бұрын
Thanks, but it took me a long time to make this calculator and the cost is less than what you'd pay for a meal. If it'll save you time and potentially thousands of dollars from buying a bad deal then I think it's worth it.