
I Made $385K from One Rental – Here's How!
#Business
"This four-plex I househacked at 26 was my first major investment. I'll share how I secured financing, made improvements, and navigated the ups and downs of management. Finally, I'll break down how exactly I made $358,000 – not from cash flow!
🎬 Topics Covered:
00:00 - Intro: Living Almost for Free at 26 Years Old
00:53 - Where I Got the $$$ for my First House Hack
06:42 - $0 in with the BRRRR Strategy
09:01 - Breaking Down the Numbers (Cash Flow)
15:21 - Tracking the Appreciating Value of the Property
18:00 - Breaking Down the Numbers (The Return on Value)
22:11 - Analyzing the Internal Rate of Return (IRR)
27:00 - Forecasting the Property's Future Cash Flow
32:34 - How Much Taxes Do You Pay When Selling a Rental Property?"
