This video will show you how to analyze a rental property without fancy calculators or spreadsheets. In fact, the formulas you’ll learn can be done on the back of an envelope, napkin, or any scrap of paper you can find!
Chad “Coach” Carson has used this “back-of-the-envelope” approach during 17+ years of buying investment properties. And it’s also the basic approach used by famous investor Warren Buffett to make multi-BILLION dollar purchases of large companies.
FREE Rental Analysis Cheat Sheet with formulas from the video: https://coachcarson.com/rentalcheatsheet
NEXT VIDEO:
How to Calculate Internal Rate of Return (IRR) for Real Estate Investing
https://youtu.be/HJnnpXoR6y0
Timestamps:
0:00 - Coach's Intro
0:58 - Why the best deals don’t need a calculator
2:42 - The job of rentals and your financial goals
5:42 - The Gross Rent Multiplier
8:23 - The 1% Rule
11:10 - Cap Rate
15:31 - Net Income After Financing
18:31 - Cash on Cash Return
22:01 - Why Equity is important
24:50 - 4 Ways to build Equity and wealth
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💲RENTAL PROPERTY ANALYSIS COURSE🏘️
My online course teaches EXACTLY how I run the numbers and confidently analyze rental properties that produce cash flow and build wealth (includes my spreadsheet): https://www.coachcarson.com/RPA-LT
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🧰FAVORITE REAL ESTATE & MONEY TOOLS:
- Deal Machine - software to help you buy more real estate deals - https://www.coachcarson.com/dealmachine-YT
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SUBSCRIBE for more videos about how to retire early with real estate investing!
🤗 https://www.youtube.com/user/CoachChadCarson?sub_confirmation=1
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MY PODCAST ON INVESTING AND FINANCIAL INDEPENDENCE
🎧 https://www.coachcarson.com/podcast/
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GET MY FREE REAL ESTATE INVESTOR TOOLKIT
📋 https://www.coachcarson.com/toolkit-yt/
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FOLLOW ME ON INSTAGRAM
📸 https://www.instagram.com/coachcarson1/
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READ MY BOOK ON RETIRING EARLY
📚 https://www.coachcarson.com/retirementbook
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👋👋 SAY HI ON SOCIAL
https://www.facebook.com/coachchadcarson/
https://twitter.com/CoachChadCarson
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▶️ MY YOUTUBE PLAYLISTS:
“GET STARTED in Real Estate Investing”:
https://www.youtube.com/playlist?list=PL5F-I4oW-y2GSa4B55DgpGOXFwhqMcCAm
“100 Year Old Triplex Remodel Vlog”:
https://www.youtube.com/playlist?list=PL5F-I4oW-y2EoCbkwMZrlJbStHVbxdsp3
“Ask Coach Your Questions Series”:
https://www.youtube.com/playlist?list=PL5F-I4oW-y2Fns-a91jl5nU05fnej07Wp
“Rental Property Analysis”:
https://www.youtube.com/playlist?list=PL5F-I4oW-y2ExNeAqoGNhKBXhpFrQZmI_
“Creative Financing ToolBox”:
https://www.youtube.com/playlist?list=PL5F-I4oW-y2GT1sXIBio2rEycQ6v38iyH
“NITTY GRITTY Real Estate Investing”:
https://www.youtube.com/playlist?list=PL5F-I4oW-y2FBXLqGI51b-aScuSPbc93M
“BE YOUR BEST (Productivity Hacks & Personal Growth)”
https://www.youtube.com/playlist?list=PL5F-I4oW-y2EyDHxapqzTHX33p15P1nCs
“HACK Real Estate Debt”
https://www.youtube.com/playlist?list=PL5F-I4oW-y2G8M605b1iuXpj-xWyjqNXP
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Icon made by Smashicons from https://www.flaticon.com/authors/smashicons
► Music Credit:
Springtime Stroll by Secret Crates
https://soundcloud.com/secret-crates-beatsforsalee
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https://realestatevideos.club/MultiFamily-Housing/the-worst-houses-to-buy-as-investment-properties-shorts