Built to Rent Duplex Case Study: How One Rental Real Estate Deal Replaces a $40k/Year Job!

One deal, 4 little duplexes, replaces a $40k/year job. What would 10 little duplexes, just 20 rental units, do?

I'll tell you - give you complete financial freedom for the rest of your life. When I started, I had to figure all this out myself through trial and error.

Luckily for you, you have me. My business is an open book and I am laying it all out in our free trainings. Don't sleep on this. Anyone can do this with enough education and lining up the right resources.

In this training I go through a single piece of land (infill lot) that I bought which I then rezoned and subdivided into 4 lots, on which I am building 4 duplexes for rent.  I go through how I got the land, my rezoning process, and my reasoning for rezoning.

I then go through exactly how to calculate value of land for any deal, even if you're brand new.  Then we go over deal analysis and the 3 Investment Criteria you must know and calculate to make sure the project is worth doing.  Then we cover 5 ways you can buy the land if you don't have cash.  After that we jump into project design, short-term construction financing, permanent financing and everything else you need to know to do these deals.

Test Drive for $1Rehab Valuator Premium

WHAT TO DO NEXT?

  • 1

    Share This on Social Media Please!

    Click one of the buttons below

  • 2

    Leave Your Comments/Questions Below

    Did you enjoy this? Get value out of it? Have questions?

Don't have Rehab Valuator Premium account yet?

ACCESS PLAN OPTIONS HERE

 

Already Have a Rehab Valuator account?  Sign In Here

Latest Training

36 responses to “[REDP] Build For Rent Duplex Case Study: How One Deal Equals $40k/Year Job (without going to work)”

  1. Solomon Pavel says:

    I liked very much you presentation!
    The number and dollars make sense.
    The big question is…
    How to determine areas?
    you are in VA
    I am in NY
    the whole scenario changes dollar wise, way more expensive.
    can we talk
    Solomon
    917.681.1945

    • Daniil Kleyman says:

      This video shows you how to run the numbers. The numbers won’t make sense in every area. So use what you’re learning here and then figure it out if it makes sense in your market to build. If not, find other markets.

  2. Tommy Jones says:

    Great training
    I have credit issues and I am concerned about the financing.
    Is there any hhelp that I can get

  3. I thank you a great deal for how to calculate land since as a wholesaler I have come across a lot of people who want to sell land and I have a hard calculating when there isn’t a ARV in site. So I thank you a great deal for this.

    My problem is a duplex I bought for $8k that is tear down worthy but I want to build a new one and rent it out. My fear that is holding me back is money and being able come up with my part of the deal. Will it be hard to get the new construction loan? Or should I give up because of lack of finances and try to sell? I have question??

    (919) 289-5311

    • Daniil Kleyman says:

      Go talk to your local community banks or credit unions. That’s how I finance all my new construction. And if you have no cash but need cash, then find a partner. Be creative.

      • Does the land value equation work for large parcels of land that can be subdivided too? Would I calculate how much to built for one lot then multiply by the rest to get the maximum land value?

  4. Why duplexes and not 4 plexes? Standard financing allows 1-4 family. 4 time the rent for one mortgage. Just curious

    • Daniil Kleyman says:

      Mark – I addressed it in the video. 4 plexes are commercial building code. Much more expensive than duplexes to build.

  5. AWESOME, I GOT A LOT OF KNOWLEDGE OUT OF THE COMMENTS ALONE…I WILL BE YOUR FOLLOWER.. THANKS

  6. Arthur L. Highley says:

    Great info but I’m only able to view half screen of presentation could you send it to me via email. Thanks in advance

    • Daniil Kleyman says:

      That’s something on your end – maybe try playing this on a different browser or device? It should work great. This is the only format available

  7. Walt Thomas says:

    Where do you find financing for the whole project?
    Financing for land and construction.

    • Daniil Kleyman says:

      The video talks about this. Please watch it thoroughly. It’s not a good use of my time to answer questions which I’ve already spent a huge amount of effort addressing (this video) 🙂

  8. Joseph DeLuca says:

    You stated that you can help with financing, finding financing, etc.

  9. Joseph DeLuca says:

    Banks for financing is out of the question. Partners are hard to find. Everybody I spoke with was onboard UNTIL it was time for them to pony-up. I need TRUE BLUE PARTNERS.

    • Daniil Kleyman says:

      Banks are still lending on the right deals. Partners are out there if you know how to find them and how to establish credibility (hint: our software goes a long way towards that). There is a ton of money not only looking to get into real estate but looking for stable, long-term returns. Especially with interest rates being this low.

  10. Kirti says:

    Great presentation and info. My question is how do you find a good builder and what if construction costs go up who pays for it?

    • Daniil Kleyman says:

      All my contractors, including GCs and subs have always come from local referrals. As for cost overruns, make sure you have a good contract that protects in any reasonable circumstances.

  11. Marvin Walker says:

    AWESOME….

    Do you have a virtual assistant to help input data? If so, could you provide me their contact information?

    Thanks in advance,

    Marvin Walker

  12. James Artis says:

    Hey I’m trying to find out how to get into the four Du-Plex building of the homes

  13. Hello Daniil
    Training was awesome !
    You already know I’m a big fan

  14. Another great job, Thanks

  15. Brenda Paraiso Jimenez says:

    Hello, this is Brenda Paraiso, question: do you do construction other states or only where you live, and do you lend money too?

  16. Brenda Paraiso Jimenez says:

    Great information.

  17. Michael Rogers says:

    I like what im reading AN i think this might be my life changing moment THANK you is all i can say

Leave a Reply

Your email address will not be published. Required fields are marked *