Investing your life savings in a rental property without certainty of returns can be risky. It's crucial to thoroughly evaluate the investment potential before diving in. I've learned that making wise investments is key to building wealth. It's not just about investing money; it's about investing smartly to secure a prosperous future. Here's to making informed decisions and achieving financial success!

I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.

Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.

I remember watching my first real estate 101 with graham Stephen years ago talk about how to buy your first property. That catapulted me into being heavily involved in the credit card, real estate and finance community overall. I hope this video inspires the next guy how it did for me years ago.

I subbed because instead of saying “hey if your going to watch this video like and subscribe” you said “Go do something” I love that!!!!

Hi John. I must say you are an inspiration because I started up investing in crypto and trading as a scared investor who doesn’t want to lose money, glad to say I’m very profitable now and just bought my first house through it.

Is anyone here looking to jump into their first property??

Please do an in depth video on the real estate calculator

one of the FEW videos that are actually helpful and not just about spending a lot of money!!! thank you

Amazing video! I’m 24 and want to get my first property. I think that calculator would be a great tool for me and others. A video like that would be awesome! Keep up the great work!

Great content as usual, I loved this as I am about to invest in uk property with 70k deposit (plus fees and more savings for furnishing and decorating) to buy my own place, but I am also treating it as my fourth investment, having two spare rooms for lodgers to cover this property mortgage and tax costs... and to build my equity whilst working my day job for my next investment.

Great stuff John! Thanks for sharing!! Totally agree with putting your eyes on the property and walking it. My current place, looked great with photos (of course it did) and all the numbers/amenities, etc. Then I visited the place for a walk through. Couple cracks in the drywall/plastering and a 2.5 in drop (just felt weird) in the floor from one side to the other of the house. $35000 later, everything is level, no I did not pay for that, seller did. Plus...if you're a newbie buyer...and you probably are watching this...make sure to ask your RE Agent questions. They know what/how to show things to people but because of their experience, they also probably know of what things to look for, especially if it's houses/apartments/condos that are similar in an area. "I sold 3 of these last year, all needed new sewer lines due to age/type, etc"....then you know you gotta add that to the inspection for sure! And YES, you DO NEED an INSPECTION! The cost will save you $$$$$$$.

lemme get that calculator

This is a w I learned so much just in the first 4 minutes

Hey John. Great video! Would love both a follow-up and a copy of the calculator if possible. Also, are there any books/other resources you would recommend?

Having access to that calculator with be extremely beneficial and encouraging when scouring the web for properties.

This information is priceless. Thank you for doing this, John! Would love to see more real estate investing videos. Also, could you do a video on how you screen your tenants?

Hey John! Great video, really helpful information on getting a rental property. Super excited to see a video breakdown of how you setup your deal calculator!

Interested in your calculator. Great info on the video, looking to buy my first rental property which is a 4 bed, 2 bath. It’s nail biting but I know it’s a great starting point. If rental makes it positive, I’ll be ready to buy the 2nd.

Great video, would be very interested in an in-depth calculator video please, learned a lot just by watching this!

Seems like this guy gets every angle of investing , I appreciate the simplicity 💯

would really appreciate an in depth video on how to structure the calculator!

Great video. I really like your excel sheet calculator and the tip of using HUD. I want to buy a rental and make sure the property will be HUD certified.

Please do an in-depth video of the calculator!! Running the numbers has been the hardest thing for me because I don’t know what all to plug in.

When I was younger and thinking about what I wanted to do with my life, Buying rental property was something that I have always been very interested in. I never had the money to act on it and go full force. Fast forward many years later. I now finally saved up enough money to buy my first rental property, but I have no idea of where to begin. Any help for anyone will greatly be appreciated. I want to make sure I do all the right steps. I have been seeing so many 101 guides on this topic, And this video made everything sound so simple. I Just need that extra push to make the 1st move on this journey and I want to make sure it will be the right one.

This information is priceless 🙏🏽

Great video! Would love an in-depth video with the calculator.

Thank you so much for teaching house hacking in such a simple way. I dream of investing in real estate and have even been analyzing houses on zillow and for family members for fun. Would you be able to share a video showing more details of this calculator and maybe share it for a while? Thanks again.

As someone who just got his Cdl a very good friend of mine gave me some knowledge about doing this and I can’t wait to go to the next step

Great video; very helpful. Buying my 1st rental property. I'm so nervous, but I took the leap. Would love more calculator info.

Interested in the calculator. Great info!

Thank you for putting this content together. My wife and I are planning to do the exact same thing and you have opened our eyes to some elements that we hadn't considered and also have gotten us excited to buy our first property. We are also in MA and looking at properties in the South Coast area. Please send us your calculator as it will be super helpful. Thank you again and we'll keep you posted!

I LOVED the calculator and I definitely want a in depth video on how to create one of my own!

Thanks for the great video! I’d love to get access to the calculator you used! Keep up the great work!

The dynamics of the rental market impact both landlords and tenants, with factors like demand, location, and property condition influencing rental prices and vacancy rates.

Really amazing video, I just Graduated from Architecture School last year and trying to become an architect as developer. It shares a lot of the same principles as real estate investing, it would be great to see a more in-depth video using the calculator, I trying to create my own worksheet and currently looking for my first property to buy

I think a video explaining how the calculator works would be great!

Hey John! I’ve gotta say, this is wonderful information you’re giving out. I noticed on your annual income in the calculator it was $100,000. Is that a combined income with your girlfriend/spouse? I would love to get into real estate just hesitant and want learn more. Another note, the calculator you have would be sweet to dive into more! Thank you for all you’re doing man. Tons of people would keep this to themselves. Much respect to ya!

I love the information you share, hopefully this will come in hand. Thank you!

please share or talk more in depth about that excel calculator! would be super cool to experiment looking at houses

Love that you ask people to get active.

Thanks for the shoutout John & a great how to for everyone out there!

Hi John, great insight. Definitely would love see a video on that calculator. Thank you for your work!

You are amazing! Thx for sharing your passion … this is so valuable

My biggest fear with owing a rental property is the maintenance expenses. I own a home now and shit breaks all the time its always at the wrong time and hits the wallet hard. i can’t imagine that with a rental property. i think that what will sink me.

Thank you for sharing this information it’s very helpful and I’m just starting to plan on getting into real estate investing! Used your other trips on credit cards and just did an amazing trip to south of France for a fraction of the cost 🙏🏼 (now I’m back to saving for that down payment)

great video and very detail oriented!

Would definitely love a more in depth show on the calculator and maybe even a copy PS. I gave the video a thumbs up

Awesome video. Would love more breakdown on the calculator. Thanks.

Fantastic video, I will love a breakdown of your loan calculator key metrics method!

Sweet video, subscribed!

Need the calculator for sure! Great video!

I'm hoping there will be a housing crisis so I can buy cheaply when I sell a few houses in 2024. As a backup plan, I've been thinking about purchasing stocks. What advice do you have for choosing the best buying time? On the one hand, I continue to read and see trading earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?

FHA is good for your first two unit property. With 3.5% down but a three or four unit and putting 3.5% down will never pass the self-sufficiency test that FHA requires.Furthermore, you can only use the FHA loan once within 100 miles of each property also, requires that you live in one unit for at least 12 months.

John! Terrific job explaining and keeping me entertained throughout your video! Thank you. If you sell the sheet where you calculate expenses and income is there a link where I can purchase? Could you make a video explaining how you built your calculator sheet on excel or google sheets?

here to comment on, a big thank you! And ask for the calculator video

Great video! I’m very interested in your calculator. Thank you!

Can we get the calculator?!

Hi John!! Thank you for explaining everything and giving definitions! I find myself being so scared of acronyms lol but your explanation helped to identify them all in an orderly fashion. Im so thankful pleaaaaaaase keep making more of these videos!

A local KZfaqr that funny seeing these applied to my local streets

Hi John, I’m just starting to get into this industry and that calculator would really be helpful, if possible could you please do a thorough video on that calculator I would really appreciate it

Guy who happened to start investing in real estate in 2020 when interest rates were the lowest they’ve ever been tells us it’s a great investment lol

The section 8 idea to determine the market rental value is a good idea. I would never rent to section 8 ever again, twice they've wrecked my properties and were a hassle to deal with. I'll strongly pass on that suggestion. but everything else is pretty solid 101 advice.

Great Info!! Ive been looking into buying multi-family for my first purchase, but the prices around me seem a bit too high. I would love a more in-depth video on the calculator. Also, if living in a unit for some amount of time (say a year or 2), should that unit be included in the calculation of income since it will be rented out in the future? Or should it be left out of the calculation?

Another great video, keep up the great work!

I would love the calculator

I would love to get more information on the calculator. Great video!

Great video!! Would love more info on the calculator

When you purchased your first rental property, how long did it take you to find a renter? :)

Great informative video! Would love to know how you built your own calculator!

Great video! so informational!

Thank you for the video! I learned so much… I would love to see the calculator

Please do a video of the calculation

😂 you're so awesome! Thanks for this video!

please do one of your calculater

Buy a rental property, then house hack. In addition to my tenants, I also host vehicle storage in my extra parking spaces. Great way to up the cash flow

Thanks. Amazing video. Starting to save for some real estate investments

Thank you for the wonderful video John! So informative and helpful for someone who is looking at how to get into real estate investing. Would absolutely love to see a follow-up video on the calculator. Earned a new sub from me!

Greta video bud! Would you make a in-depth video of the calculator? Also, make it available for us to download and use? Thanks!

You helped motivate me to grab a credit card

Great video! Would love to know in depth about the calculator!

Hi John, awesome video. I'm planning on my first investment property and you made some good points. Can you please share how you did your calculations. Thank you.

Hi John, thanks for the video break down. I would definitely love to get into the weeds with this rental property calculator. I would like to really understand it. I would love to create one for myself. I also would love to hear what you have to say with the 2nd rental you buy. I am already a home owner. I would not qualify for an FHA loan for my first rental property. Thus, I have to go conventional loan (because I am not a veteran and don't qualify for VA loans). I spoke to my loan officer who I deal with and he informed me that I would need to put down 20% for rental property. This starts to get quite expensive and more risky. Any thoughts or strategies you could offer would be great!

Amazing video and well explained thank you

Thanks for this! So helpful!❤

Would love to see the calculator thank you

I could definitely use your calculator....please. I'm super excited to see video content about real estate investing from the Boston market. So much other content from all around the country which is not all relevant to our NorthEast market. Thanks.

Thank you for making the point of section 8 tenants. People should not be categorized as horrible people because they need assistance.

I would love to use that spread sheet !

Great video John! I’m so ready to get my first rental property but I hesitate especially when I see your detailed numbers “is it profitable” calculator. I would love to see a detailed breakdown of this in a future video. Thanks!

Hi John, could you share your real estate calculator? Thanks

Very nice, pls share the sheet

Great video John!, could I get more info about the calculator

yes it is a good investment. but it depends. i personally wouldn't tell renters that i am the landlord. bc renters have a lot of rights that make ur life miserable (like squatting). this isnt based on experience btw, just things ive seen with other ppl.

Great video!

How do you scale this to multiple properties? You can only qualify for FHA loans when they are your principal residence. For additional properties you aren't going to get away with such a small down payment and will require significant capital.

I’m looking at property’s that are 75,000 and they look good! but you mentioned anything under 1.5 mill which you’re playing with big numbers because you know what you’re doing. If I’m just starting out I think a cheaper house might be fine.

great video! PLEASE do an in depth of the calculator

In one year I should be going in on my first property!!!

Perfect content