Here I break down the numbers on how much I make on my first rental property! Finally doing YouTube shorts btw 🙂 Let me know …
Rumah pertama tanpa deposit
#PROPERTY #1st #investment
Here I break down the numbers on how much I make on my first rental property! Finally doing YouTube shorts btw 🙂 Let me know …
Rumah pertama tanpa deposit
#PROPERTY #1st #investment
You would make a lot of profit until the government hits you with that capital gains tax 😆
There are two ways out of that situation. Do you know them?
So about 78k. If you invested that 78k in the sp500 in 2012, that money would be 414k today without the headache
Owning properties truly help to obtain generational wealth, especially when you own multiple.
Good luck selling it. lol 😂
You should sell then with the profit you pay for a condo or small house cash then you'll net more per month.
…and you just saved up all of that initial money yourself oooor..?
If you sold it, you'd pay a lot of capital gains tax and depreciation recoup.
If you really want to sell, you can do a 1031 exchange and get a different property. Or, you can live in it for a few years.
But, then you don't have a tenant paying your mortgage.
I believe there are a few other ways to sell it without having such a loss.
But, I'm far more inclined to keep rental properties pretty much indefinitely.
Thank you so much for this amazing video! Could you help me with something unrelated: I have a SafePal wallet with USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). How can I transfer them to Binance?
Must be nice to have tons of cash at the bottom of the real estate market
WHERE???
Fine you're making rent money but i hope you're not raising the rent every chance you get not everything is profits those are people inside that rented home
I swear people are brain dead you bought in 2012 the market is unfairly high due to fixing youll loose a lot of that inflated growth soon
To make what you’ll make by selling for $500,000. will take over 30 years. Why not just sell it
Hahaha
Congrats on your first rental property and for diving into YouTube Shorts! The deal sounds intriguing—I'd love to hear more details. Short-form videos are a great way to engage, so keep them coming!
RAISE YO RENT GURL!
The amount of time we spend believing we
can't is more than enough time to learn how
you can.
You should just buy multifamily properties like me
What about the taxes on the rental income?
Yeah that is insane and impossible to find in 2024.
She should just sell it
In other words she breaking even….which is ok.
PEOPLE DO NOT BE FOOLED. THIS IS HUGE RISK, THE BANK OWNS THIS TILL YOU PAY IT OFF AND AT ANY TIME CAN DEMAND BALLOON PAYMENT OF BALANCE OF LOAN
Thanks for sharing.
👀
If you invested the 25% down + closing costs + renovations + monthly contributions that made up all your taxes, expenses, ect…. into the S&P500 you'd have $660,000+. If you invested that amount into Nvidia, you'd have $36,000,000. I think there was a huge opportunity cost lost not investing in the right stuff. Also your sweat equity and stress would have been zero since once you invested it, you'd just leave it alone
What state do you live in?? With palm trees?? My insurance is 6500 a year, taxes, 6400 a year, water is 2800 a year. That’s not including my mortgage payment and I bought back in 2013. There is no way you are paying less than 600 in home owners insurance. I’m going to have to call bs on that. Not on investment property .
She thinks she makes a good investment, I can make the same $600 profit with a trailer I bought for $5000, 10 minutes from the beach, she invested $72 k how many trailers you can buy with this money? I would invest that money in a different field to make faster return, don’t have to deal with tenants, associations repairs is a headache to own a property.
She thinks she makes a good investment, I can make the same $600 profit with a trailer I bought for $5000, 10 minutes from the beach, she invested $72 k how many trailers you can buy with this money? I would invest that money in a different field to make faster return, don’t have to deal with tenants, associations repairs is a headache to own a property.
wow
Ho.e owners insurance isn't $50 per that's a bullshit lie
I would sell it and buy 2 others in the dfw area, maybe even 4 more
How many of those do you have?