Build A Passive Income Empire With Rental Properties (Here's How)
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00:00 - Intro to Rental Property Strategies
03:14 - Key Performance Indicators
06:28 - Managing Real Estate Deals
08:21 - Focusing on Numbers
10:11 - Cash Flow Importance
12:34 - Analyzing Short-Term Rentals
14:15 - Conservative Assumptions
16:04 - Rental Spreadsheet Analysis
18:52 - Strategic Advantages
22:02 - Long-Term Vision
25:04 - Storage Units and Alternatives
27:18 - Mortgage Reduction
31:00 - Tax Benefits
33:17 - Amortization Schedule
35:25 - Podcast Conclusion
#Taxes #avoidtaxes #paylesstaxes #wealth #tax #realestateinvestment #Markjkohler #KKOSLawyers #markjkohlerLIVE #Entrepreneur #rentalrealestate #taxplanning #smallbusiness #taxlaw
Пікірлер: 42
After building a rental property portfolio, I became exhausted with real estate market challenges and decided to sell. Now, with about $5 million, I'm contemplating investing in the stock market with solid positions. What are your thoughts?
@Frankweily
21 күн бұрын
With $5 million, a single wrong move can have significant consequences. It's essential to invest cautiously and diversify, allocating 40-50% to safe investments. Given your budget, I recommend considering financial advisory services.
@Duttonmuffins
21 күн бұрын
Right, a lot of folks downplay the role of advis0rs until being burnt by their emotions, no offense. During the covid-outbreak, I needed a good boost to stay afloat, hence researched for advis0rs and thankfully came across one with grit. As of today, my portfoli0 has grown by 25% every quarter since Q3 2020.
@Madridstrat
21 күн бұрын
How do I find a suitable fiduciary advisor, can you recommend any?
@Duttonmuffins
21 күн бұрын
I've stuck with the popularly ‘’Melissa Elise Robison” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
@Madridstrat
21 күн бұрын
Thank you for sharing, I must say, Melissa appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled
The most important thing everyone should think about right now is how to invest in different sources of income that are not dependent on the government. Especially given the current economic crisis around the world 🌍 . This is still a good time to invest in various stocks such as gold, silver and digital currencies, I would like to thank John Preston for my crypto education..
@ManuelNewell
Ай бұрын
Please how do I go about it, am still a newbie on investment trading and how can I make profit?🙏🙏
@EmanuelAguilarcampos
Ай бұрын
HE’S MOSTLY ON TELEGRAMS APPS WITH THE BELOW NAME.
@EmanuelAguilarcampos
Ай бұрын
@hoodsignal ⭐⭐⭐
@ManuelNewell
Ай бұрын
Thanks for the information... I will contact him as soon as possible. I also want to gain good knowledge and stop losing..☺🙏
@virginiakershaw6119
Ай бұрын
I agree that there are strategies that can be used to generate solid profits regardless of the state of the economy or market, but such implementations are usually carried out by investment experts or advisors with experience.
Hi guys! My wife and I just bought our 2nd primary and turned our first home into our first rental property. Been a big fan for a long time. Thanks for your advice and hard work.
The golden ticket is getting an STR with a payback period of around 5 years which means revenue = 2x expenses. That's my investable deal.
You guys never considered maintenance or property management costs in your cash flow example.
@mp9350
Ай бұрын
I rewatched and they had $4000 in “other costs” which breaks down to about $333 monthly for management fees
Thank you for doing all these videos Mark I've learned a lot from you I've got four rental properties
Very important message. Thank you Pat!
Enjoyed the video. Thanks for sharing
Hey guys, I appreciate the video, it would be much more helpful. If you could show your screen or spreadsheet while you’re going through the numbers. On any kind of discussion where there’s a lot of numbers involved it’s much easier to follow along. Thanks for your help moving forward.
Don’t do an investment for Taxes??? I did a 1031 where I sold my Rental with about $150,000 in total depreciation and bought two Townhouses with total of about $550,000 in Depreciation! Cost me $75,000! I should have about $14,000 in Increased Depreciation which for Tax purposes means LESS RENTS! Needless to say, I’m looking to do that on more Rentals!
Agree with everything but the California market comment. ADU laws have made land more valuable than houses making it difficult to see a RE market crash in California. The ADU speculation bubble currently in CA allows significant rental income growth justifying the increase in home values. When correctly calculated an IRR return of 20-80% yearly ROI can be achieved w RE rentals in many markets.
Bought 4 then did a 1031 Exchange last month now have 5! Looking to do more 1031’s and increase my Depreciation and limit my Required Outside work by going to Townhouses! (Did that on our 1031!) May not be Financially the best move but, I’m wanting to make things easier now!
Impressive
cool video
Where can I find financing to refurbish rental property (two houses) that I already own.
In China, rental income is only 1% per year
Great video and info. Unfortunately No passive loss will be allowed if modified AGI is $150,000 or more
@duneme
Ай бұрын
Loss may not be allowed but, minimal gain???
@mike73391
Ай бұрын
Correct. It’s not allowed but like they say in the video it can be used in the future to offset gains when you sell the home.
Real estate excel sheet
Biggest lie of all - renting is a passive investment.
I thought you had to be a real estate professional to capitalize on depreciation….?