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How Much I Make From 6 Rental Properties

Graham Stephan 497 views

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How much property tax do you pay on those properties? Did you factor that into your profit calculations?
Comment from : @VincentRich-tb2rw

Not in LA you don't 😮
Comment from : @CliffordOliveiraJr

It’s even better You didn’t mention depreciation and the taxes you didn’t have to pay
Comment from : @astroboy483

Best time to plant a tree was 15 years ago Second best time is today
Comment from : @andrewmcnary2287

I think they should increase the taxes and insurance to houses that are rented, long term or short term
Comment from : @srqTactical

Not going to mention the expenses of utilities, mortgage payments after rent money, paperwork, tenant background checks, property management (if any)? You’re not being translucent about anything
Comment from : @Drake_Olds70

If you can guys Pay Down your Mortgage Principle as fast as possible it will reduce the amount of interest you will pay and also bring as much in down payment as you can but if its an investment might not make sense at first until you have cash flow from a good amount of properties
Comment from : @matthew8661

Wait a minute, he looks exactly like Alan's landlord from smiling friends
Comment from : @Keyboard_Thoughts

One of the biggest regrets I have is not doing this earlier in life But at least I did it
Comment from : @ronhau1542

The lesson is buy houses when you can afford them (when they are reasonably prices compared to your income) and you will do well I sure as heck won't buy now
Comment from : @destroya3303

How much of this is debt though? If you sold every property for some insane reason, how much are you left with? Every time you say cash out refinance or something to that effect I hear money you have to pay back at some point So how much is true net profit?
Comment from : @mattfocused

a $290k home in Cali today must be a complete junker
Comment from : @killap3nguin

TLDR: Buying at the very bottom of the market really helps!
Comment from : @JGComments

Do you consult when someone is interested in investing in real estate in Los Angeles? Especially multicomplex
Comment from : @janinesuter3630

What is the con of paying in cash? You avoid paying the interest rates Am I missing something here?
Comment from : @carsonkent1749

How about a video…”buy a rental property with little risk without leveraging your own home equity or you and your spouses credit”
Comment from : @ericharrison6418

What about minor repairs like painting, siding, plumbing and things of that nature Also do you have a manager for your properties?
Comment from : @prowellmanfitness201

The level of bs in this video is astonishing
Comment from : @mallorywestwood

What I don't get is how do the houses worth so much now when the renovation price wasn't that much, is it because of the inflation ?
Comment from : @sasha9916

Why is paying cash a big no no?
Comment from : @ChristmasLights2

How do you calculate real estate?
Comment from : @hariskadic5914

damn, should have been buying houses in 2012 when i was still in middle school :(
Comment from : @jackdavey9685

Great video? I made the same mistakes
Comment from : @MrAlanKendall

Yo, why does this dude sound like Phineas from Phineas and Ferb
Comment from : @Marcos-wd2yt

All Stores Please Lower the Price of all Military & Local for all Brands of Rental Products & Accessories & Production Cost Now That's too much $$ The Whole World Now 🙏🙏🙏
Comment from : @DeannaSpencer-vf5qn

You have six houses and I am homeless…
Comment from : @guillermoromney4022

The goat for not raising your rents
Comment from : @SaffyLabby

How are your interest payments going?
Comment from : @jjmarr7130

How about Taxes, insurance, Repairs $$$
Comment from : @reghiller

Great breakdown of how much real estate investing can help you
Comment from : @MarvinSmith-h9e

We don’t count interest paid as a loss?
Comment from : @kylesampson9394

Thank you for sharing
Comment from : @aaronmorales6398

I'd just be happy to have something that covered all my monthly expenses including a decent car
Comment from : @boomn216

u rekt me Graham! ftx took all my money
Comment from : @Youtube_ban_me

On the triplex home you sold did you rent out each individual unit for 2100? Or did all units add up to 2100?
Comment from : @sneakyness590

How to skip the ads
Comment from : @rolcab2589

What system do you use to do your calcs
Comment from : @felipesanin1808

So for the first three homes you just had all the money saved up? Besides the selling the car to fund the third one?
Comment from : @austinzizzi1142

Are you getting loans to buy each of these houses? Are you leveraging the previous properties to buy the next?
Comment from : @austinzizzi1142

Wait You could buy a house at $59 000 in 2012? Too bad I was in high school at the time 😂
Comment from : @enoughinternetfortoday1276

Graham you have time to watch shows? Lol
Comment from : @korygill5350

Great videoBut let me talk about something important, I see many young and old make mistakes that I think should not be I believe that everyone, young or old, should have an investment plan that increases their financial returns from three figures to six figuresThe investment can be your retirement plan or future plan, depending on what you want, but what matters most is that you have an investment that is profitable
Comment from : @adelbertoraphael5118

Image now with the market
Comment from : @nolimitsnoww5375

Hi If you are watching this after an year i just wondering how did you got that name loans from the bank? ( i don't know anything about real estate yet i just trying to learn )
Comment from : @deathixfps4603

A 6 time leech
Comment from : @Fahizzo

if you already have a mortgage on one house , how can you get the second mortgage ? will the bank give it to you ? what if the monthly rate for the both mortgages exceed my monthly salary from my job ?
Comment from : @neno56527

Lol he talks with his hands 🙌
Comment from : @mrthrasher5734

Mr Richard Willie is the best,recommending him to all beginners who wants to recover losses like I did
Comment from : @ruyoledmonton9012

So question how do you get a total profit or actually benefit from what the house is worth today if you’re still renting out and not actually selling the property? I maybe misunderstanding something but I just don’t see how all of that is actually profitable?
Comment from : @ethanray9805

God bless you! Quite a phenomenal role model in our world today
Comment from : @lisawang7113

The key is to buy homes at the bottom of the market 😂
Comment from : @NikkyElso

Great video and thank you for sharing Can someone help me with finding out total return as a percentage like the video shown here?
Comment from : @bennijames6483

If you have the cash to buy a house but it's a no no, can you just get a mortgage, and pay off that mortgage immediately with your cash ?
Comment from : @IAmBrandonH

In terms of cash flow, real state is the smartest investment
Comment from : @WQQKIE

I miss these videos😥
Comment from : @zackattack91000

I always thought pay full price in cash is always good because I don't like debt got to pay interest I made the saMe mistake like you
Comment from : @carriec9121

We need more videos like this vs diamond test videos❤️
Comment from : @healthycitizen1926

I mean more interesting will be how many of those r payed off and when will the rest be payed off
Comment from : @pumpuppthevolume

Tom Cruise
Comment from : @eriksoto8473

Well I finally decided to start making videos on my properties and how I got financially independent Gonna start out with some reno videos before I get into financeswhen I feel more comfortable talking about them :D
Comment from : @KickAssets

“I would’ve made 700 investing in Apple” bshows amazon/b
Comment from : @samruane2845

I got really confused when he said 'investing in apple' twice, I had to watch it again to realise the second time he was meant to say Amazon haha great video though
Comment from : @jessicaalyse7

That was an awesome video
Comment from : @petermmikhael

Hey Graham, Im an international student, i wonder if I am able to get mortage with my work visa in USA if i were gonna buy rental houses and build my portfolio over time? Thank you Graham!
Comment from : @quirkyquester

Great video Do you try to pay off your properties for the income or refi and use as leverage?
Comment from : @jonathanweaver4504

I’m starting to realize that I won’t be able to do this because even if I do have money saved houses are just too expensive right now I’m in California and you won’t find an 80k home even in San Bernardino unless it’s a mobile home Although what I have thought about is getting a trailer park and collecting rent on like 50 different mobile homes
Comment from : @luisrosales9349

The Lotus Elise was your dream car? I see you’re a man of culture as well
Comment from : @luisrosales9349

next video intro, " whats up luke, its your father here"
Comment from : @tysteyn6885

Lol, how he bought so many properties in 2012😶?
Comment from : @lafleurkm3055

One question Graham The amount of interests that you pay on the mortgages are not considered on those calculations?
Comment from : @nikholaz19

Apple, Tesla, Apple sounds about right
Comment from : @socketyellow3

I have two apartments to rent, best I can do is 550 euros per month combined (250 for one and 300 for the second, after taxes)
Comment from : @Jellyfish60

@10:21 thank you so much and thank you so much
Comment from : @VinayDholakia726

not talking about all the expenses of owning properties? roof leak, AC broken, replace dishwasher, yard work, etc etc etc
Comment from : @PrecisionRifleNetwork

Welp what do i need to learn i am 16 years old from Philippines brIm trying to learn about this things as much as possible and take notesbrAnd right now im learning accounting
Comment from : @amnotmadbutifyoupersist

Hey Graham, love the videos! Could you do a video on whether landlords should create an LLC or not? Thanks!
Comment from : @josephbrown8383

Damn dude you really messed up on the first one damn that’s sad but I’m glad you got it all figured out and fixed now
Comment from : @alecu739

@Graham Stephen, How about a drum solo outro one of these times?
Comment from : @jrizzle141

I have a question:brSo how were you getting the cash to put a downpayment on the houses from? I know you got some cash from renting out those properties but if I'm not wrong I don't think that would have been enough for the downpayments you were putting in for those houses Thanks
Comment from : @zaifaa1123

You may be in trouble once the market crashes again and folks won’t have jobs
Comment from : @JohnTube2K

when his down payment is more money than my own house is worth👁💧👄💧👁
Comment from : @therealmarcopolo6028

You say invest in the S&P and I have done that for years and years but I am very worried at what is coming and I worry about my retirement and would like to diversify with some hard real assets that will be there come what may I mean as interest rates drop bonds are worthless and eventually the stock market is going to explode as the feds print money like hot cakes
Comment from : @vampov

Taxes cut in to that profit a little bit Don’t they?
Comment from : @brennansfund

Thank u for ur tips brotherimma about to do a refi or Heloc pull $600,000 out my Los Angeles home and start my journeythank you Graham! couldnt have learned this without ur advice
Comment from : @familyh1118