#360: I Made $385k from One Rental – Here's How!
⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: http://coachcarson.com/rpm 🎙️ Episode #360 – This 4-plex I househacked at 26 was my first major investment. I'll share how I secured financing, made improvements, and navigated the ups and downs of management. Finally, I'll break down how exactly I made $358,000—not from cash flow! ▶️ Next Episode: How Much Tax I Paid When I Sold a Rental Property https://youtu.be/SgNXl8eqa2U?si=0TlCsQMqIDJ1uhsD 📄 Show Notes: https://www.coachcarson.com/househackinganalysis/ 🎬 Timestamps: 00:00 - Intro: Living Almost for Free at 26 Years Old 00:53 - Where I Got the $$$ for my First House Hack 06:42 - $0 in with the BRRRR Strategy 09:01 - Breaking Down the Numbers (Cash Flow) 15:27 - Tracking the Appreciating Value of the Property 18:06 - Breaking Down the Numbers (The Return on Value) 22:17 - Analyzing the Internal Rate of Return (IRR) 27:12 - Forecasting the Property's Future Cash Flow 32:45 - How Much Taxes Do You Pay When Selling a Rental Property? 🔗 Coach Carson's FREE Househack Spreadsheet: https://docs.google.com/spreadsheets/d/1rQFonYIhXUmiQk4rDSxqy_qacGniGUe2UXbH6oGupJE/edit?usp=sharing ________________________________________ ⚒️ Get my FREE Real Estate Investor Toolkit: https://www.coachcarson.com/toolkit-pod 🖥️ My Real Estate Courses: [FREE COURSE] Find Your Focus in Real Estate for Beginners: https://www.coachcarson.com/findyourfocus-YT 30 Days to a Better Rental Investor: https://www.coachcarson.com/30days-YT Creative Financing for Real Estate Investors: https://www.coachcarson.com/creativefinancing-YT 📙 The Small & Mighty Real Estate Investor (My Book): https://www.coachcarson.com/smallandmighty 📘 Retire Early with Real Estate (My Book): https://www.coachcarson.com/retirementbook 💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine-YT 👋 Connect with me: 📸 https://www.instagram.com/coachchadcarson 👍 https://www.facebook.com/coachchadcarson 🐦 https://twitter.com/CoachChadCarson 🌐 For everything else: http://www.CoachCarson.com