My new coaching & learning community, Rental Property Mastery is now LIVE.
Join us here: 👉👉https://www.coachcarson.com/RPM-YT

As a real estate investor, one of the most important questions you have to ask yourself on a new rental property is "how much money will I need?" Without enough money, you can't buy the deal! So this video explains all of the different purchase costs (both obvious and not-so-obvious) so that you can avoid surprises and gather all the funds you need to be successful.

CHEAT SHEET - How Much Money to Buy a Rental Property: https://www.coachcarson.com/money-buy...

NEXT VIDEO - How to Analyze a Rental Property (No Calculators or Spreadsheets Needed!)
   • How to Analyze a Rental Property (No ...  

TABLE OF CONTENTS:
0:00 - How much money do you need??
1:23 - What exactly do you need the money for?
1:49 - Down payment programs
4:54 - Closing costs sections, what's included?
7:54 - Repairs and upgrades
11:13 - Holding costs. So easy to forget
13:16 - Having reserves, it's not sexy
16:06 - Example #1 Cost breakdown
17:40 - Example #2 Cost breakdown with a househack
20:34 - BRRRR Strategy
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💲RENTAL PROPERTY ANALYSIS🏘️
My online course teaches EXACTLY how I run the numbers and confidently analyze rental properties that produce cash flow and build wealth (includes my spreadsheet): https://www.coachcarson.com/RPA-LT
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▶️ MY YOUTUBE PLAYLISTS:

“GET STARTED in Real Estate Investing”:
   • Playlist  

“100 Year Old Triplex Remodel Vlog”:
   • 100 Year Old TRIPLEX REMODEL Vlog  

“Ask Coach Your Questions Series”:
   • Playlist  

“Rental Property Analysis”:
   • Rental Property ANALYSIS  

“Creative Financing ToolBox”:
   • Start investing now with NO MONEY  

“NITTY GRITTY Real Estate Investing”:
   • Analyze deals using GRADE SCHOOL MATH  

“BE YOUR BEST (Productivity Hacks & Personal Growth)”
   • Be your Best  

“HACK Real Estate Debt”
   • Playlist