How to buy your FIRST rental property 🏠 (where to buy, metrics to look at, and more!)

[@majortom8047]

Two thumbs up on this strategy, Rose. I'm retired now, but many years ago I bought a duplex in Dallas. One side was rented out and after I repainted the place inside and out, the second side rented quickly. Over the years I bought ten more apartments, all over 12 units. I had two property managers that stuck with me for 16 years. Needless to say, I sold them all over a two year period and retired. What you're doing here is taking away some of the fear, the hesitancy, the procrastination, that doom many investors before they are even out of the gate. That's one of the first requirements to being a successful RE investor. Do the numbers, then pull the trigger.

[@JRspeaking]

But how does one "do the numbers"???

[@iseeflowers]

What age you started buying property?

[@dspychalski]

Rose…remember last year when we got scammed by people impersonating you? As you know, we are an older couple, and we got scammed out of our entire their life savings. What I don’t get is, Rose, you KNEW it was going on and did nothing. It was a very elaborate con, so we put it all on rosehanscam for all to see- It’s very sad that you didn’t do a thing to protect us all. Why didn’t you take responsibility? Rose…why? You were kind at first, but then you got defensive once you saw that it was truly your fault for not letting everyone know…and then you ghosted us. @@JRspeaking

[@mbelfonte]

“At some point action is what brings the clarity”. Love that. And this entire video. Thanks for sharing.

[@ryebread447]

I need to hear this

[@mayamartinezxo]

This video is gold. I'm 23 and saving for a future rental property and have tossed the idea around for the last few years. This video re-motivated to prioritizing actually getting started on it soon. Please keep making content on this! It's invaluable.

[@gaximedia]

hi.. are you on biggerpockets?

[@Khailsworld]

I’m right there on the same path as you, a good method that you could look up is owner financing/creative funding. 😊

[@mugflub]

I absolutely LOVE how practical and down-to-earth you are. This is a great video with so much solid, easy-to-understand info. No fluff or BS at all. You seem so genuine and sincerely interested in helping others. Instant subscriber!

[@DevinPWalsh]

Fun to see your journey. We jumped in last year and bought 3 rentals. Got one more this year. I went through very similar learning lessons and others including bad management, tenant eviction, etc but at the end of the day real estate is a great place to investment

[@gloryokugo7683]

Best video on first time investing I've watched thank you. Will pull the trigger spring 2025.

[@sonnisang]

this is actually one of the better videos ive watched, very clear and informative, love the visuals as well, 10/10 video for beginners

[@PixieChick56]

Omg! I enjoyed this channel. You made me get my Multifamily juices flowing. I've been wanting to do this for years. I’ I’m a newbie at this, you made me feel like I can do it, everything you said was so straightforward. I thought about managing it myself, but no why should I create another job for myself? Thank you. I will forever be grateful for finding you!

[@DekeRadio]

Rose, you and your channel are a true blessing to so many. Lots and lots of people spend their lives wondering if they’ve made a difference. You don’t have that problem. Viva la Rose Han. Long may you run.

[@anisacodamon3037]

Hi Rose! I am 24 and in grad school and I have just started watching your videos to learn about investing. THANK YOU SO MUCH for providing so much accessible information with clear examples and some tutorials and free resources that you created. I come from an immigrant family and this information will be able to get me ahead with saving and help my entire family so much too. I am going to teach my parents and my siblings many of the strategies I have learned from you. Thank you again!

[@gaximedia]

i don't think she responds to comments

[@lesleythompson1824]

I love how you broke it down and explained in detail how you did each thing.

[@alicemendoza5269]

I value all your information you put out there Grant! I do want to learn the Real Estate Business the way You play it! Just wish I knew this years ago! What does one do to get in that game if Im already close to 50 and lived most of my life working and house poor?

[@AustinReid09]

Most people are unable to handle a fall since they are accustomed to bull markets, but if you know where to look and how to get around, you can profit handsomely. It depends on your entry and exit strategy.

[@harod033]

Given that the US stock market has been on its longest bull run in history, the widespread concern and excitement is reasonable, given that we are not used to such volatile markets. As you mentioned, it wasn't difficult for me to earn over $780k in the previous ten months, so there are opportunities if you know where to go. I engaged a portfolio adviser because I knew I needed a strong and trustworthy strategy to get through these tough times.

[@HafezBd]

@@harod033 I need suggestions to assist me recover my portfolio and create more effective strategies because of the huge dips. How do I locate this coach?

[@harod033]

@@HafezBd Ruth Loralann Brennan, whom I discovered on a CNBC interview and contacted, is guiding me. She has since given me entry and exit points for the securities in which I am interested. You can look her up online if you require care supervision.

[@madisonpayne2675]

This has been the most HELPFUL and STRAIGHT FORWARD video I have seen so far! thank you for encouraging your viewers to dive in!!

[@danielashford2435]

Awesome video as always Rose!! Your KILLING IT!! Always teaching me!

[@vishalchowdhary4739]

Rose, your spot on, yet simplistic style of delivering content is what amazes me the most about you. Congratulations on your rental investment. I hope to be on that side very soon. Would definitely benefit from more such videos. Cheers

[@romegq]

Awesome video. Extremely satisfying to digest without all of the technical babble found on other channels. Thank you Rose!

[@jazzmenjagers4846]

love your video, lots of videos on this topic yours has the best information i've seen by far

[@shanekafavorite2738]

This content is absolutely mind-blowingly exciting for a rookie such as myself. LOL, THANK YOU!!

[@patrickmorton1187]

I have been waiting for a video like this for a while, I was so curious about how you felt secure and ran the numbers despite living far away. I have considered real estate myself and I appreciate your cost breakdown and for taking the time to create this content. I wish you all the best in life and finance, keep hustling

[@dspychalski]

Rose…remember last year when we got scammed by people impersonating you? As you know, we are an older couple, and we got scammed out of our entire their life savings. What I don’t get is, Rose, you KNEW it was going on and did nothing. It was a very elaborate con, so we put it all on rosehanscam for all to see- It’s very sad that you didn’t do a thing to protect us all. Why didn’t you take responsibility? Rose…why? You were kind at first, but then you got defensive once you saw that it was truly your fault for not letting everyone know…and then you ghosted us.

[@grabthemappodcast]

Thank you for providing essential information about the financial aspects of real estate investing, like calculating rental income, expenses, and cash flow. They were simplified and demystified in this video, making it feel more accessible for real estate investors like me

[@sachikojt]

Thank you for thorough explanation on this process! You seriously have a knack to demystifying these things. I am forever grateful for your Options course 🙏

[@ray-hj1do]

🥰

[@jack7240]

Rose you should do a video on divorce and how to limit one's financial liability during the separation process (prenup postnup and their success rate in court etc.). I'm 32 and have created a nice net worth for myself but I am afraid to get married just to have the marriage fail and loose half of my NetWorth after all my sacrifice to get there financially. Also, Great content, thank you Rose!

[@mbank3832]

if you truly love someone, you shouldn't be worrying about your lover taking your shares of wealth.

[@KuteKawaiiKitty]

​@@mbank3832I wish I'd listen to my mom....you must think like this period. He's being proactive

[@mbank3832]

@@KuteKawaiiKitty but if your lover is happy, you should be happy too, no ?

[@JF-vw9lv]

@@mbank3832 Shouldnt that same lover also be happy to sign a prenup to ensure the person whodid all of the work to earn the wealth is protected and leave with only what they came into the relationship with?

[@DekeRadio]

I understand what and why you’re asking this, but that wound may still be a little tender right now.

[@dietriamichelle494]

Great video so proud of you, young lady. Your words were so encouraging you make it seem so easy. Thanks for sharing!!!

[@IronsharpensIron316]

Love your focus, i own a 4 plex, 1 house and looking to buy my next single family home investment property in California. Keep sharing and helping people get out of the rat race! :) 1 thing even if your only breaking even, eventually with rising rent and home value you will be in the green.

[@xevilman1]

Great work Rose! Happy for you. I learn much from you.

[@chubbycescanut]

Thank you so much for this!! 😊 I’m really putting in a lot of hours at work to help me get my first property!! Super excited!

[@brucegee4799]

Great video. I like how you go in to more detail and also using your experience as an example.

[@lizardmilk]

So happy to hear more from you about finances. I hope to see more from you about your financial journey. Your experience is very insightful and inspiring.

[@dspychalski]

Rose…remember last year when we got scammed by people impersonating you? As you know, we are an older couple, and we got scammed out of our entire their life savings. What I don’t get is, Rose, you KNEW it was going on and did nothing. It was a very elaborate con, so we put it all on rosehanscam for all to see- It’s very sad that you didn’t do a thing to protect us all. Why didn’t you take responsibility? Rose…why? You were kind at first, but then you got defensive once you saw that it was truly your fault for not letting everyone know…and then you ghosted us.

[@MeowWow-q3h]

Love your down to earth enthusiasm. Your videos are getting better and better. Thanks.

[@YoulandaDBarber]

Thank you for this video. Can you talk about the money, meaning, did you go to the bank? What’s that process like? What paperwork did they ask for, etc.

[@judithbuchanan9566]

Yayyyy what a treat! Another video from Rose🙌🏽. As always Rose, thank you for such an informative video 🩷.

[@itsrosehan]

Good to see you as always Judith! 💙

[@Emk315]

I enjoyed your videos on fidelity ETFs and bonds years back and I benefited from them tremendously. I am glad to see your new videos.

[@mjr59]

Rose, first. Hi! Big fan! Do you have a video on how you setup the business side of this. Did you do an S-corp, LLC, did you purchase under your name or business name? Taxes?

[@kwameapo1859]

Am a newbie and found your presentation soo informative. Thanks Rose for sharing your journey in RE investment.

[@Nia-nf7kc]

Super informative! Thank you so much I feel more at ease now

[@jayduncan9315]

Wow...I am a 61 year old woman who, along with my husband is semi-retired. This information has been presented so practically that I am going to pursue the property investment game a little more intently. I come from a small town in BC Canada where the property prices are still reasonable...for now. New younger families are moving in because of the affordable prices and things are starting to pop up within the community like brew pubs, parks, newer subdivisions etc. Better strike while the iron is hot.

[@dspychalski]

Rose…remember last year when we got scammed by people impersonating you? As you know, we are an older couple, and we got scammed out of our entire their life savings. What I don’t get is, Rose, you KNEW it was going on and did nothing. It was a very elaborate con, so we put it all on rosehanscam for all to see- It’s very sad that you didn’t do a thing to protect us all. Why didn’t you take responsibility? Rose…why? You were kind at first, but then you got defensive once you saw that it was truly your fault for not letting everyone know…and then you ghosted us.

[@edeial1279]

Thanks for the video Rose . Did you use your LLC or personal credit ? Also , Could you break down how you saved for these .

[@magixbeats2214]

More vids like this one Rose. Thanks! You inspired me to take action.

[@VellaBombshell]

This video is literally everything! Thank you so much

[@realestateinvestingtips]

Amazing content. Buying your first piece of real estate can be a challenging task. The information you provide is great for beginners and seasoned investors alike.

[@Blestmama7]

Thanks Rose! Fear and analysis paralysis always seems to hold us back! Just do it! Thanks for the encouragement! Will def pull the trigger this year💜🙏🏽

[@dspychalski]

Rose…remember last year when we got scammed by people impersonating you? As you know, we are an older couple, and we got scammed out of our entire their life savings. What I don’t get is, Rose, you KNEW it was going on and did nothing. It was a very elaborate con, so we put it all on rosehanscam for all to see- It’s very sad that you didn’t do a thing to protect us all. Why didn’t you take responsibility? Rose…why? You were kind at first, but then you got defensive once you saw that it was truly your fault for not letting everyone know…and then you ghosted us.

[@aishataviator]

Very thorough and helpful tips! Did you set up an LLC for the first property purchased or did you wait a while?

[@willlu7279]

This is actually very useful information. Thanks you so much for sharing!

[@lindakathryn]

Thank you Rose! I love your videos and truly learn so much from every video. These motivate me to hold my feet to the fire and face my fears head on. Again thank you so much.

[@dlmonty5423]

Hi Rose, just recently discovered your channel and have been learning so much. When buying your first rental property how much cash should an investor have available? I thought about buying rental property before, but the amount of money required seemed exorbitant and I didn't want to wipe out my entire portfolio to get started.

[@sarkispoyrazian4245]

First of all, you are so beautiful! Second of all, this video could not have come at a better time. I’m looking into investing in property as well! Vegas is definitely on the list! 👍

[@UrAvgInvestor]

Thanks! Very informative!! I am in the process of looking for my first rental property…

[@SMW771510]

Thanks for your help, Rose.

[@m_psr]

Great video, Rose! Thanks for sharing your experience and knowledge! 👏🏼👏🏼👏🏼 Ps.: I love your hair!! 😍

[@PereiraShane]

Key takeaway Learn it buy doing it 😊 thank you

[@eliot5220]

Nice video and congratulations on your first properties. I’m thinking about doing a new channel to show folks how to do small multi-families. I’ve been at it for about 20 years so I might be able to help some people

[@maritzadelgado2227]

Phenomenal! I so nervous, scared and excited. Still collecting knowledge and started reading more. I cannot wait to jump in this ocean! So help me God! Rose, what books would recommend for a newbie? Any personal inspiring reads would be appreciated too! TY!

[@melen_tran]

Thank you! this video was really valuable :)

[@OperationFoodieComa]

This was so informative Rose, thank you for this. It's also a huge goal of mine to own multiple properties for investments, so I appreciate you sharing your knowledge with us. If you haven't already, I would LOVE to refer back to a playlist you perhaps create about your real estate investing journey. It can show you how much you've grown over the years and also be a reference for the complete beginner that's getting into real estate investing to save them from some of the hardaches you went through. Thanks again, AWESOME video!

[@gaximedia]

hi Shuan, have you joined bigger pockets?

[@OperationFoodieComa]

@@gaximedia I haven't, but I've heard of them.

[@dspychalski]

Rose…remember last year when we got scammed by people impersonating you? As you know, we are an older couple, and we got scammed out of our entire their life savings. What I don’t get is, Rose, you KNEW it was going on and did nothing. It was a very elaborate con, so we put it all on rosehanscam for all to see- It’s very sad that you didn’t do a thing to protect us all. Why didn’t you take responsibility? Rose…why? You were kind at first, but then you got defensive once you saw that it was truly your fault for not letting everyone know…and then you ghosted us. @@gaximedia

[@TLForsberg]

You are changing my life, AND.. I love your hair. Woke Truth and empowerment! THANK YOU!

[@geraldlanderos9342]

great video, good information for the first time investor.

[@Papa1P3RCY]

Wow Rose. Thank you ☺️

[@Antonio-mn1pc]

Rose, Thank you so much for continuing sharing your genuine experience. Have you consider doing a remote seminar on property investing?

[@itsrosehan]

I’m considering it! Thanks for the suggestion/idea, that would be fun!

[@Antonio-mn1pc]

@@itsrosehan let me know and I will be first in line. 😂😂 I know you done a few videos regarding how you change your habits & thought process. However I think it will be super helpful to have a tangible process of the steps that you took to get there. It’s understandable that everyone situation is different but to have a compass or a guide session could help many.

[@fingerscrossed24]

Very informative and helpful info. Thanks Rose!

[@ciciboo95]

Omg im in love with your hair!!! 😍😍

[@jasonjosephlee]

Great video. Do you buy for cashflow or appreciation?

[@willmallory9085]

Excellent video Sister. Thanks for sharing this information.

[@bonnyverduzco3310]

What's the difference of working with a broker versus a real estate agent. Super beginner here!

[@victoriabrolin]

Informative video, thanks Rose!

[@gerardsicat3103]

Great content! So very helpful. As Canadians would be nice to own RE in Vegas one day. Your info so so good. 👍

[@stevekyhon]

Take this with a grain of salt pls people. Rose is still a newbie.

[@RM-cq1ny]

How much cash would you recommend having set aside before jumping into real estate investing?

[@itsrosehan]

I'd say at least 20% for a down payment (depends on the median home price of where you're looking to buy - so if the average price is $200k you'd need around $50k), plus like 3 months of the mortgage payment set aside as cash reserves in case there's vacancy and whatnot.

[@senthilAchari]

Great video! Thoughts on home warranty purchase for rental property?

[@ChallyPentecostalDemonologist]

Thanks Rose. . great information..

[@jonb3189]

Nice analysis Rose. Texas has among the highest property taxes in the USA. I'm in Arizona. Heard good things about Nevada. Even myself, pretty experienced investor did not know about the insurance terms as Total Replacement Cost Value (RCV), vs Actual Cash Value (ACV) Policy. Will contact State Farm agent to confirm which I myself have. Also, I do have an umbrella insurance policy for all my properties. Extremely cheap. Question: Do you put your properties in separate LLCs? Personally I have one LLC per property.

[@mmoya1135]

Thank you for the video. Did you buy the properties in cash or did you purchase via a lender? The reason I ask is because I tried going down the lender route and realized it was a lot different than a traditional mortgage on a primary residence. That lender wanted to charge higher interest, required a higher down payment (+25%) and they wouldn’t lend it under an LLC. Would love a video around trying to work around tips and tricks for lending options for investment properties. I’m also worried about liability (I.e a tenant injures themselves) and whether there are alternatives to an LLC to protect yourself

[@ladygypsysoul122]

That's very nice. Rental house passive income is so great. I did it before when I had my house.

[@jkfavs1]

Great video, Rose! Any tips on keeping track of each property like what updates/work was done on each property and cost. Do you track expenses and income of each property? Does each property has its own bank account or use excel?

[@dspychalski]

Rose…remember last year when we got scammed by people impersonating you? As you know, we are an older couple, and we got scammed out of our entire their life savings. What I don’t get is, Rose, you KNEW it was going on and did nothing. It was a very elaborate con, so we put it all on rosehanscam for all to see- It’s very sad that you didn’t do a thing to protect us all. Why didn’t you take responsibility? Rose…why? You were kind at first, but then you got defensive once you saw that it was truly your fault for not letting everyone know…and then you ghosted us.

[@xmochix604]

I have 200k sitting doing nothing and i have analysis paralysis lol. I saved this video. Thank you for the motivation to go ahead and just do it even though im scared out of my mind haha

[@gabrielmatas3436]

Im always learning from you Rose. Thank you.

[@itsrosehan]

You are so welcome :)

[@builtra]

i love the video, thank you for sharing your story! out of state investing seems to make the most sense especially here in CA where its rough to get started I'm going to start looking at vegas also! I'm curious what happened to you after the sale. You got the buying down! But what about the ongoing challenges of property management? Have you ever encountered unexpected hurdles, like tricky tenants or maintenance issues, that really tested your skills? I'm also curious if you've ever considered taking your investment properties to the next level with construction or renovations? It seems like a logical step to increase property value, but maybe there are reasons why you haven't ventured into that territory yet. I'd love to hear your thoughts on this! keep up the great work!

[@andreagonzales1824]

Great video, thanks for being motivating

[@conniie]

Thank you so much for this video Rose!! You are goals

[@mikejarrells431]

Thanks & good job. Did you consider REITs?

[@mase202]

Awesome video! I was wondering if you had any videos on how the loan process was for acquiring your properties. I finally paid off my mortgage and would like to invest in a property. Is there like special loans for that? Thanks

[@velousenoel8257]

Oh Rosie I m glad I found your videos you explain everything about real estate 🏡 that’s my dream 😴 I can wait to start thank you my Daughter maybe you can be my daughter age God bless you

[@SuperFriday]

This is interesting Rose! I like it!

[@Joboheart]

Thank you for this easy to understand info! Did you buy the properties outright? Not sure if I missed this somewhere

[@simplythebest7015]

Just started following you when I came across your videos...I've been researching for months where and how to invest. How much was your down payment for the properties? Have you thought about investing in midterm rentals (MTR)?

[@talking.momsense]

Dang! Who is your property management company? They sound awesome!

[@Seren3ti]

Analysis paralysis has been my biggest problem; this is the first video I have seen that addresses it. Those are great points and a lot for me to consider. Subscribed and liked. 👌🏾

[@poneil93]

Can i ask how you purchased the 3 homes in 2 months? Did you put 20% down on one and the other two cash? Will a bank fund you 3 different times in that short amount time while still owing the debt on the homes?

[@dspychalski]

It's not true at all...don't be fooled.

[@sakini72]

Are you first taking out loans to buy the properties and do you have a video detailing that process? Thank you

[@margaretcylke1469]

sounds good. Ive got 4 properties in Canada.. but want to expent into the US... thanx for Vegas typ.. i was looking at tenessy... soo many states... i probably will need to do a road trip ur right..

[@mykdub7811]

Rose did you create a business name and LLC before starting or is everything in your name?

[@KeepingITDarkx]

Have you tried the BRRR strategy yet? Seems to he the best way in scaling.

[@michellefinley5993]

Great video. Thank you so much!

[@hereticsaint100]

Pure gold!

[@ABSG7]

Thanks so much for sharing your knowledge

[@melodicexotic]

Helpful video!! Keep it up

[@lizhernandez3857]

Great Video 🙂

[@jroddd90]

Great video! I am looking to invest in the Las Vegas area as well, any specific zip codes or neighborhoods you recommend? Thank you

[@AK-hi4hm]

what % down payment did you put down, can you talk about the benefits of paying cash vs a mortgage (which is more beneficial) or tips for securing a loan when you're self employed and struggle to show a high net income.

[@PS-ic4bp]

On real estate you have to take a mortgage else returns are too low. The mortgage amplifies the returns

[@millionroots3102]

Very helpful info. Thanks.

[@rumahjakartabekasidijual]

Including property in an investment portfolio can be a strategic move for diversification, spreading risk across different asset classes.