Thank you for the clear explanation of cash flow! Do appreciate that you bring up income taxes as a cost of doing business and I would love to see a video of that
I found your videos a couple weeks ago, I like them very much! They are very good for financial concepts. they are visual, clear, simple and straight to the point. I already subscribed. Than you.
Thanks Abu. Yes, sometimes it's not a factor with depreciation because it shelters all the taxable income from tax. But not always! And it's good to know the whole picture.
Hello coach , i hope you are always healthy .. can you show the formula how to calculate if my rental is fully furnished , i buy empty house without furniture and add furniture for get more cashflow , cost for all the furniture $7500 .. how much should i charge per month ?
A question Holding cost is an up front cost So it goes in the demoninator Coc return is NiAF/Money in the deal Is it me or is it when cash flow is shown negative Having a higher holding cost messes up your calculations cause making your demoninator bigger makes your coc return go towards zero Even tho it should be showing a bigger negative coc value
Three basic questions may help: 1. Will your house cash flow positive you rent. 2. Will it likely be worth more in 10 years than now? 3.are there any major maintenance/repair issues that will cost you in next 10 years?
Hi Coach Carson! The spreadsheet link does not work unfortunately, is it possible to receive it somehow? I've also posted a comment on the website. Awesome work! / Sebastian
hey Sebastian. I just tried it and it worked for me. Did you try this link? www.coachcarson.com/cash-flow-spreadsheet-calculator/ If it doesn't work still, can you let me know what you're seeing? thanks and sorry for the trouble!
It depends on what helps you sleep at night. If you pay cash, you can always refinance later. So, it's not a bad strategy to start. If you don't get a loan, just make sure to still do all your due diligence, get inspections, etc so that you don't miss anything big on the property. I wrote this article about investing without debt: www.coachcarson.com/real-estate-investing-without-debt/
See how much cashflow I ACTUALLY made on my very 1st rental property! ► th-cam.com/video/9nYmlZfPF7Y/w-d-xo.html
Thank you Coach for these calculations and explanation regarding Rental Property/Properties.
You're welcome! Thanks for watching.
Yes! Please cover income taxes and how to think through them. Thx!
will do! coming soon.
Finally a clear explanation for this! Thank you 🙏
Glad it was helpful! Thanks for watching.
Thank you for the clear explanation of cash flow! Do appreciate that you bring up income taxes as a cost of doing business and I would love to see a video of that
I will plan to do a video on income taxes. Definitely an important part of it. Thanks for watching!
Great job of covering the essentials of a complex subject!
Thanks for the feedback, Rob!
I found your videos a couple weeks ago, I like them very much! They are very good for financial concepts. they are visual, clear, simple and straight to the point. I already subscribed.
Than you.
I appreciate the feedback, Mauricio! Glad my videos are helpful. Thanks for subscribing.
Very good video. Would love to see you consider how taxes affect the bottom line.
Thank you Sharon. I will plan to do a video on the tax implications for cash flow.
Great video! Thoroughly explained and easy to understand.
Thank you for watching, Rachana!
Could you do a video on bad renters and legality of kicking them out?
Good idea. Added to my list. thank you.
Thank you! Great tool for finding your numbers.
Glad it was helpful! Thanks for watching.
Great video! Yes! Please cover income taxes. Thank
You got it! This video goes into detail on the subject: th-cam.com/video/SgNXl8eqa2U/w-d-xo.html
Is there a video of you using the "simple rental calculator" spreadsheet?
A video about the income tax would be great. A lot overlook it saying it gets cancelled out by depreciation.
Thanks Abu. Yes, sometimes it's not a factor with depreciation because it shelters all the taxable income from tax. But not always! And it's good to know the whole picture.
Excellent.Thanks.
Hello coach , i hope you are always healthy .. can you show the formula how to calculate if my rental is fully furnished , i buy empty house without furniture and add furniture for get more cashflow , cost for all the furniture $7500 .. how much should i charge per month ?
Thanks, great lessons
Thanks for watching!
what resources would you recommend for a beginner in property investing?
A question
Holding cost is an up front cost
So it goes in the demoninator
Coc return is NiAF/Money in the deal
Is it me or is it when cash flow is shown negative
Having a higher holding cost messes up your calculations cause making your demoninator bigger makes your coc return go towards zero
Even tho it should be showing a bigger negative coc value
I have a friend who owns 50 rental property’s, and he doesn’t remember the location of one would a lost assest/property search be a way to find it?
How much is property tax??is it true is more if ur not going to live in it ??
Good job 👍 Your explanation was very helpful. Come on down to Charleston and let’s buy a couple of properties together,,,,,,,partner!!! 😜
I live in Belton. We're trying to figure out if we should rent out our house, or sell it.
Three basic questions may help: 1. Will your house cash flow positive you rent. 2. Will it likely be worth more in 10 years than now? 3.are there any major maintenance/repair issues that will cost you in next 10 years?
Hi Coach Carson! The spreadsheet link does not work unfortunately, is it possible to receive it somehow? I've also posted a comment on the website. Awesome work! / Sebastian
hey Sebastian. I just tried it and it worked for me. Did you try this link? www.coachcarson.com/cash-flow-spreadsheet-calculator/
If it doesn't work still, can you let me know what you're seeing? thanks and sorry for the trouble!
Coach - if we have the ability to pay cash for our first rental, should we? Or should we get a loan and use other people’s money?
It depends on what helps you sleep at night. If you pay cash, you can always refinance later. So, it's not a bad strategy to start. If you don't get a loan, just make sure to still do all your due diligence, get inspections, etc so that you don't miss anything big on the property. I wrote this article about investing without debt: www.coachcarson.com/real-estate-investing-without-debt/
Thanks!
Thank you!
Please cover taxes
How does paying down principle build wealth?🤔. I get confused
The money you pay off on your debt can turn into equity. So you own more of that property. Your net worth (wealth) goes up
Coach can you send me your property calculations Please.????
Tere, the link to the spreadsheet is in the video description.
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Thanks DJ!