How To Buy Rentals With No Money Out of Pocket скачать в хорошем качестве

How To Buy Rentals With No Money Out of Pocket

#HowToBuyRentalsWithNoMoneyOutOfPocket #RealEstateInvesting #SamFasterFreedom I have been talking about the BRRRS method a lot, but I still think it’s better if we run through the actual numbers and show you an actual property we’ve been working on. This is exactly how to buy rentals with no money out of pocket! In this video, I’m taking you through my 197th rental property right before we have our tenants move in to show you how we’ve transformed the property and we’ll talk about how we did all of it by using OPM! Watch now to see how much we’ve transformed the property and learn how the BRRRS method helped us acquire and fix the house so it could rent higher! Key Talking Points of the Episode [00:00] Introduction [00:47] Getting the property for $105,000 [01:22] Buying the house [02:12] Deciding to update the kitchen [02:49] Rehab costs [03:28] Creating more open spaces [04:03] Getting the property rented [04:32] Refinancing the property [06:01] Running the numbers [07:21] Generating cash flow [07:52] Maintaining the property [08:27] Doing it over and over again [09:00] Using the BRRRS method [09:30] How you can learn to do the BRRRS method Quotables “The fact that it’s small, means we definitely want to make it really nice.” “The kitchen, when you’re selling a house or renting a house, is extremely important.” “We took this property to the bank and the bank sent out a third-party appraiser, and they said ‘we’ll give you a check for 80% of the appraised value’.” “Any extra money that we get, we like to put it in our account and have it as reserves.” “So that $140,000 check turned into a mortgage over the next 25 years at 3.75% interest. That makes the monthly payment extremely low.” “We want our houses to be nice on the inside and the outside. We take care of our part of it and we expect our tenants to do the same so we wanna make sure we give them all the tools, including the shed, to keep the house nice.” “You want to do this over and over again, and you have the ability to do that.” “There’s no law or nothing stating that you can only own a certain amount of rental properties. You can own 5,000 rental properties if that’s what you want.” “I’ve done this BRRRS method on houses, apartment complexes, and storage facilities.” _____________________________________ Free Rental Training : How to start building and amazing rental portfolio without using and of your own money! Also, info on my mentorship! - Perfect for Leveling Up https://www.freerentalwebinar.com Real Estate 101: Everything you need to get started in Real Estate Investing - Perfect for Beginners! https://www.fasterfreedom.com/RER Follow us! Instagram -   / samfasterfreedom   TikTok -   / samfasterfreedom   Join our amazing Facebook Group as well-   / fasterfreedomcommunity   Trusted Resources: DealMachine App- (Driving for Dollars!!) FREE TRIAL!! https://www.dealmachine.com/fasterfre... Promo Code- FASTERFREEDOM Batch Leads- Run Comps, CRM, Home Data Create List and More FREE TRIAL! https://www.batchleads.io?deal=fasterfreedom -