⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: https://www.coachcarson.com/mastery
🎙️ 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 21+ 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:
https://coachcarson.com/rentalcheatsheet
▶️ Next Video: How to Calculate Internal Rate of Return (IRR) for Real Estate Investing
https://youtu.be/HJnnpXoR6y0
🎬 Topics Covered:
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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https://www.coachcarson.com/toolkit-YT
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https://www.CoachCarson.com
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💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine-YT
► Music Credit: Springtime Stroll by Secret Crates
https://soundcloud.com/secret-crates-beatsforsalee