Video Description

My new coaching & learning community, Rental Property Mastery is now LIVE. Join us here: 👉👉https://www.coachcarson.com/RPM-YT I bought my first rental property in 2004 with no money down (yes, it does happen in real life!). But now, 17 years later I decided to analyze whether it was ACTUALLY a good deal. In this video, you'll go behind the scenes from beginning to end as I show you the story of how I found, financed, and rented this property. You'll also see detailed spreadsheets with real numbers so that you can learn how much cash flow my rental property actually produced (or in some years how much it lost!). Be sure to subscribe for more videos like this coming soon! COPY OF MY SPREADSHEET FROM VIDEO: https://www.coachcarson.com/my-first-rental-property-17-years-later/ OTHER VIDEOS MENTIONED: - Subject to the Mortgage: a Simple & Ethical Approach - https://youtu.be/ydN34A1VjBg - How to Analyze a Rental Property (No Calculators or Spreadsheets Needed!) - https://youtu.be/ExFWAYXr11s - How many rentals do you need to retire? - https://youtu.be/A_uxNcEITlA TIMESTAMPS: 0:00 - What my 1st rental property was like 1:02 - My estimates on what the rental could produce 8:44 - The reality of what the rental produced since 2004 13:39 - What's my return on investment if I sold? 18:41 - Rent projections are over the next 10 years 22:14 - The spreadsheet you need if you decide to sell 25:22 - Closing thoughts 💲RENTAL PROPERTY ANALYSIS🏘️ 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 __________ 🧰MY FAVORITE REAL ESTATE & MONEY TOOLS: - Deal Machine - software to help you buy more real estate deals - https://www.coachcarson.com/dealmachine-YT - American IRA - invest your retirement accounts into alternative investments like real estate, private loans, partnerships, and more - https://www.coachcarson.com/americanIRA-YT __________ SUBSCRIBE for more videos about how to retire early with real estate investing! 🤗 https://www.youtube.com/user/CoachChadCarson?sub_confirmation=1 ---------------- MY PODCAST ON INVESTING AND FINANCIAL INDEPENDENCE 🎧 https://www.coachcarson.com/podcast/ ---------------- GET MY FREE REAL ESTATE INVESTOR TOOLKIT 📋 https://www.coachcarson.com/toolkit-yt/ ---------------- FOLLOW ME ON INSTAGRAM 📸 https://www.instagram.com/coachcarson1/ ---------------- READ MY BOOK ON RETIRING EARLY 📚 https://www.coachcarson.com/retirementbook ---------------- 👋👋 SAY HI ON SOCIAL https://www.facebook.com/coachchadcarson/ https://twitter.com/CoachChadCarson __________ ▶️ 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