Is there specific companies to use for insurance? I just got a quote for a property it was over 10k for insurance? I'm in rural South Carolina. It is a property with 2 triplexes and 2 duplexes. Just starting in real estate investing. Thanks.
I was thinking the same thing I looked up rents around the zip code on Trulia and nowhere near for the current market to get it to $850, but love the breakdown
Fellow Hawaii based investor here, selling my Hawaii properties and looking at 4 plexs in Kentucky, thanks for a soup to nuts video, keep up the great content
The interest rates in my country(India) are currently 7-8 percent annually so it is difficult to generate positive cashflow monthly. Can you suggest something?
Hi I'm from India. I might be getting the commercial loan for 8% for construction ( Land is already owned by me) and after construction I expect my property to produce the monthly cashflow of 55000 rupees. Tbh it really makes it impossible to find deals like that with the interest rates the banks are giving in India. ;(
I see that you value the cash on cash more than the cash flow. Is this metric more important than monthly cash flow? Can you explain why? Thanks in advance.
The reason why knowing cash on cash ROI is more important then just mere cash flow are because of two main reasons. 1) To calculate the efficiency of the property. Would you rather have 1 property that costed a initial 100k of your equity with a cash flow of 5k per month or 1 property with a initial 10k of your cash and earning 800 per month. The 10k property has a higher ROI and therefor making you more money per buck you put in. 2) To compare the ROI with other investments. Certain CD's have 4-5% return and high yield corporate bonds are between 4-8% return. It would not make sense to invest in a property lower then 8% ROI because I can get that return with a corporate bond. Though a great advantage of real estate compared to bonds is that equity will build up over the years in real estate and can be liquidated, the equity of a bond does not build up after the expiry date. Not to mention bond rates are more volatile then rental income. This is due to the fact that bond rates are institutionalized while rent in a region is more individual and takes more time to change to economic activity.
The 1% is usually for cheaper properties than this one. But he still made it work if you watch the whole thing. I think you only saw the starting numbers
That is largely rare to see in the residential markets of the East and West Coast. It is more possible to find such a deal in commercial residential and warehouse properties, of which I am a very big proponent off. This can be observed in the Midwest in the States but other then that, I believe any deal above 7% ROI is suitable if you have the cash. I choose 7% as the minimum due to the fact that 7% is the benchmark for high yield bonds.
![Calculating Numbers on a Rental Property [Using The Four Square Method!]](http://i.ytimg.com/vi/T_7vhsSBi7c/mqdefault.jpg)
![Calculating Numbers on a Rental Property [Using The Four Square Method!]](/img/tr.png)
Video starts: 1:35
The calculator is great. I like how its able to generate a PDF. Enjoy. real estate is fun.
Where do you find this?
What's the point of your website if it is asking for rental income that you have to enter from some other website?
Thanks again.
Where can I get the calculator to in put the info
Wow I work in Cleveland but live up the road(30 minutes) in Athens Tennessee!
Great video!🙏👋👋👋
bow this is what im looking for. Love it man
Excellent Tool and Presentation... also love your voice!
Is there specific companies to use for insurance? I just got a quote for a property it was over 10k for insurance? I'm in rural South Carolina. It is a property with 2 triplexes and 2 duplexes. Just starting in real estate investing. Thanks.
Can you use the BiggerPockets Rental Property Calculator for properties in Canada?
bro is that a good software for the public ?
Thank you Brandon!! Learned alot!!
What’s the website on how to run an analysis on the property?
So many amazing ways to adjust numbers in order to get the best deal you can. Wow thanks a ton Brandon!! Super inspirational and educational.
Thanks so much man. I Appreciate these videos
Lets Go Brandon!!
Great plans for kids. All the best and thank you for sharing the helpful tips.
Literally, I'm going to purchase a Quadplex by late 19. I still prefer to run the number myself.
How would you run the numbers if I were to do it as a mid-term rental?
Not sure where you are working. Do you have recommendations of realtors near Washington DC?
Powerful tool!
I love that song at the end, what is that?
have you heard about the BRRRRRRRRRRRD strategy
Nice Video
That's my hometown so get out of my market. Oh you're talking about Cleveland Tennessee.... Good luck!
I was thinking the same thing I looked up rents around the zip code on Trulia and nowhere near for the current market to get it to $850, but love the breakdown
Yes! Love it
So your expenses are calculate at approx. 40%, why did you add DS to expenses that through me off until I seen what you did??
Fellow Hawaii based investor here, selling my Hawaii properties and looking at 4 plexs in Kentucky, thanks for a soup to nuts video, keep up the great content
Love it! Thanks
That still sounds like not worth the cashflow.
How would you get a residential loan if you’re not living in it? I thought it would have to be a commercial loan?
1-4 unit properties qualify as a residential property.
The interest rates in my country(India) are currently 7-8 percent annually so it is difficult to generate positive cashflow monthly. Can you suggest something?
Hi I'm from India. I might be getting the commercial loan for 8% for construction ( Land is already owned by me) and after construction I expect my property to produce the monthly cashflow of 55000 rupees.
Tbh it really makes it impossible to find deals like that with the interest rates the banks are giving in India. ;(
@@factsabulousdexter2646 look into creative financing structures for deals in India
Is this calculator available for Canadian real estate?
No, it’s US only. Did you end up finding something for Canada?
As a landlord who typically pays the utility bills?
Nice work ✨🎆🌠
Thank you
A larger font would make this easier to see.
This 1% closing cost!!! Where?
Brandon, I would love to see YOU analyze a house hack please.
Regarding the property tax... how do you find out if they’re going to “crank up to $4k”.
I see that you value the cash on cash more than the cash flow.
Is this metric more important than monthly cash flow? Can you explain why? Thanks in advance.
The reason why knowing cash on cash ROI is more important then just mere cash flow are because of two main reasons. 1) To calculate the efficiency of the property. Would you rather have 1 property that costed a initial 100k of your equity with a cash flow of 5k per month or 1 property with a initial 10k of your cash and earning 800 per month. The 10k property has a higher ROI and therefor making you more money per buck you put in. 2) To compare the ROI with other investments. Certain CD's have 4-5% return and high yield corporate bonds are between 4-8% return. It would not make sense to invest in a property lower then 8% ROI because I can get that return with a corporate bond. Though a great advantage of real estate compared to bonds is that equity will build up over the years in real estate and can be liquidated, the equity of a bond does not build up after the expiry date. Not to mention bond rates are more volatile then rental income. This is due to the fact that bond rates are institutionalized while rent in a region is more individual and takes more time to change to economic activity.
The first minute in I see genius
What about the 1% rule? $3500 would be 1% so $2600 would say it fails by a lot, what made you look deeper into this deal when you started?
The 1% is usually for cheaper properties than this one. But he still made it work if you watch the whole thing. I think you only saw the starting numbers
🔥🔥🔥
amezing
Just talked to my friend who has 80 rentals and he says he takes nothing less than 20% return
Must buy in war zones
That is largely rare to see in the residential markets of the East and West Coast. It is more possible to find such a deal in commercial residential and warehouse properties, of which I am a very big proponent off. This can be observed in the Midwest in the States but other then that, I believe any deal above 7% ROI is suitable if you have the cash. I choose 7% as the minimum due to the fact that 7% is the benchmark for high yield bonds.
You at a zoo man? Haha