How is your investment property doing right now? Have you been earning more or less? In this video, I will talk about how to calculate if an investment property is profitable.
We Help People Generate Passive Income Through Vacant Land
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Baby Steps to your First Real Estate Deal
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Watch And Enjoy!
Brent Bowers
Key Moments In This Episode
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00:00 Intro & Summary
00:39 How To Know The Profitability Of A Flip Property
01:36 Where Can You Look For Houses If You Don’t Have A Trusted Realtor
01:57 How To Compute The Profitability Of A Flip Property
03:01 How To Allocate Budget For Your Renovation
04:09 What To Anticipate About Expenses From Flipping Properties
05:01 What Is The Simple Rule OF Thumb For Closing Cost
06:17 How To Figure Out How Much To Pay For The Property
07:22 What Are Points And Why It Is Important To Know It Before Making Your Offer
07:57 How To Compute The Interest Of The Mortgage
08:37 How To Compute For The Amount You Can Pay For A Property
09:09 Why Should You Be Conservative About How Much You Can Pay For The Property
10:23 How To Figure Out If You Have A Profitable Deal
12:29 How To Know The Profitability Of A Rental Property
14:03 How Expenses Work When You Rent Out Your Property
14:36 How Much Can You Put Away In Your Bank Account Per Month
15:00 How To Compute Profit With Your Fixed Monthly Expenditures
15:27 How To Know The Profitability Of A Vacant Raw Land
16:40 How To Compute Parcels Of Land You Need To Be Financially Free
17:17 Where To Head On If You Are Interested To Know More About This
What To Watch Next
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How To Transfer Ownership Of A Real Estate Property
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RESOURCES
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Click here for my FREE Land Buying Roadmap:
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Schedule A Strategy Call With My Team:
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For The Ultimate Skip Tracing Solution:
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ZechBuysHouses LLC Website:
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How We Buy Houses At ZechBuysHouses LLC
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Click Here To Learn More About The Land Sharks Program
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ABOUT BRENT BOWERS
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As an Army Officer with over 8 years of service, Brent Bowers was spending a great deal of time away from his family, and he knew he needed to make some changes in order to be more present with his wife and children. His interest in real estate began in 2007 when he purchased his first home, so Brent began exploring real estate investing as a way to support his family while being able to enjoy more time with them as well.
In a short amount of time, Brent was able to expand his business, hire a team, and (most importantly) spend quality time with his family while still working hard and helping others. While Brent invests in many different types of real estate, his favorite investment strategy deals with buying and selling vacant land, and he enjoys sharing his expertise in this area with his coaching clients. Brent chooses to live his life based on Bob Burg’s quote, “Your influence is determined by how abundantly you place other people’s interests first.” He is passionate about helping other people find success in real estate investing, particularly in land investments.
Brent Bowers is currently the CEO of ZechBuysHouses LLC. Vacant Land of the Free, Discounted Houses Colorado Springs, Rent2Own Colorado and Co-Working & Shared Space are all under the ZechBuysHouses Brand.
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Nate Woodbury - YouTube Producer
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#RealEstate
#LandBuying
#LandValue
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