How I made an extra $1,600 a month (Rental Income)

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Published 2019-12-12

Let me tell you a story about how I was able to make an additional $1,600 a month in rental income as well as increase the value of my property by $320,000. I was able to do this because I noticed something other investors didn’t. I was able to spot a diamond when all the other investors only saw coal.

All Comments (21)

@SpendingJar 4 years ago

While everyone else left, You came, You saw, and You Profited! Awesome story! New sub 73 and like 👍
@ChrisInvests 4 years ago

It's all about being creative! Many investors probably didn't have the cash to fund the improvements.
@citizenoftheyearCC 4 years ago

Good tips Bin! You are getting good returns and you knew what the customers would want!
@TheExcellentInvestor 4 years ago

I love the analogy that you seen a diamond when everyone else seen coal. This is exactly people need to understand. Great video!
@TraeFittz 2 years ago

You are a very smart man. Great Video 👌🏾
@leathelandlady 4 years ago

I realized what you were going to say when you said the _ was dying. Smart move and that way no more complaints about that utility since they can control it!
@MiloneMoneyMindset 4 years ago

Hey Bin!! It's very nice to meet you!! I really like your channel and presentation!! I don't own any real estate in my portfolio right now but that is a long-term goal of mine in the next 2-5 years!! This video is very informative!! Thanks so much for sharing!! Really cool how you earned an additional 1.6K!!!
@remmiellis 4 years ago

Just became your 69th sub.. nice. For real though keep up the good work man your videos are great quality and the content is A1
@APoorMillionaire 4 years ago

Great video I smashed the thumps up button. I love real Estate.
@DHVVLOG 4 years ago

🎄Excellent vlog💖 I love your video and that was gold 💖Always full done 🎄 Best wishes for you 🎄 Thanks for nice sharing🎄
@AdventuresandUs 4 years ago

Wow that place seemed a big fixer upper. Thanks for sharing!
@hassaninvesting 4 years ago

Awesome video! Keep in touch
@my5cent264 4 years ago

great instinct and analytic skill you have! i hope i have such instinct
@perpetualdividends6719 4 years ago

Nice value add!
@passiveseeds4970 4 years ago

Absolutely love this video! I really liked how you sectioned the room further for more tenants, brilliant in increasing cash flow. What is your exit strategy for this property? Do you intend to flip it or gear up or simply buy and hold? Looking forward to learn from you!
@KyleVuAVG 4 years ago

Great video and explanation. I really like how you show the floor plan, what program you use to able to move it around so easy like that. I'm looking for a real estate investment myself. Do you think renting to the student would be a little more work since they move out almost every year? The cost of fixing it and finding new tenant.
@ProSkillGuides 4 years ago

How have you not blown up yet man
@IncomeBoost42 4 years ago

I’d love to get into real estate sometime. My DIY skills are a bit lacking at the moment! Haha
@CodySteckRealEstateVideos 4 years ago

Dang that place needed a ton of work. Great job though, it looks like it turned into an awesome rental to have.
@SlavaMoney 4 years ago

Real estate takes a lot of time, unfortunately. You are lucky!