May 29, 2023
Episode #292 - The detailed story & numbers of a duplex rental nestled in a prime location. Despite unexpected turns, the investor, Kelli, shares her fascinating journey of financing, repairing, leasing, and the final numbers that make this duplex property an A+ long-term investment.
📑 COMPANION ARTICLE/SHOW NOTES: https://www.coachcarson.com/primeneighborhood/
LINKS:
Coach Caron's Tenant Screening Criteria: https://www.coachcarson.com/how-screen-best-tenants/
🎬 AUDIO TIMESTAMPS:
0:00 - Intro
2:47 - Why Real estate is the perfect fit
5:28 - Stages of investment journey
7:01 - How this deal landed on their lap
12:40 - Duplex numbers
15:19 - Duplex hiccups and surprises
17:10 - Financing
18:50 - Renting it was an adrenaline rush
23:58 - Tenant screening process
28:28 - Does this cashflow?
34:33 - Key lessons and takeaways
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🧰MY FAVORITE REAL ESTATE & MONEY TOOLS:
- Deal Machine - software to help you buy more real estate deals https://www.coachcarson.com/dealmachine
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💰CREATIVE FINANCING COURSE🏘️Learn to finance your deals successfully, even with high interest rates. My online course teaches you how to use non-traditional funding sources for real estate, like private money, self-directed retirement accounts, seller financing, lease options, subject-to, and more. Includes paperwork!
https://coachcarson.com/creativefinancing
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