J Leman
J Leman
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My First Apartment Building!
🔽I doubt you will believe this...🔽
This was my first apartment, bought with just 10% down using Creative Financing! I’m J Leman, a realtor and investor in Champaign, Illinois. In 2020, I purchased this 11-unit property for $475,000 with 10% down, 10% seller financing, and an 80% bank loan.
By raising rents from $5,000 to $7,000 monthly, I increased the property’s value to over $600,000. Apartments are valued by income, so higher rents mean higher equity-perfect for refinancing or scaling your portfolio.
Want to invest with little to no money down? Let’s make it happen! Don’t wait-hit subscribe for more tips!
🏡 Ready to start your real estate journey in Champaign? Let’s connect!
follow @jleman47 for daily real estate tips.
Licensed realtor with eXp Realty
NFL Veteran
250 Rental units under management
30 Flips over the past 3 years
A top-selling agent at EXP Realty
Free E-Book: The top 7 Mistakes people make when selling their home in Champaign County!
www.jleman.com/7-mikstakes-to...
A top 10% Recruiter to EXP Realty and Certified Mentor to New Agents
Raised
Email me at:
J@jleman.com
Website:
jleman.com
Instagram: jleman47
#rentalproperty #propertyinvestment #richlife #motivation #generationalwealth
#realestate #realestateinvesting #renovation #homeimprovement
#realestateinvesting101 #realestateinvestors #realestatetips #realestatebroker #realestateadvice #realestatehacks #champaign #champaignurbana #realestate #realestateinvesting #realestateinvestor #asset #wealth #wealthy #wealthymindset #wealthbuilding #wealthcreation #money #debt #leverage #over9000
j leman
real estate investing
housing crash
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housing market predictions 2024
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Champaign-Urbana homes for sale
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Multi-family homes Central IL
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มุมมอง: 98

วีดีโอ

How to evaluate your properties!
มุมมอง 3521 ชั่วโมงที่ผ่านมา
🔽Read before it's gone...🔽 Are you figuring out what an apartment building is worth? I use three simple methods: Gross Rent Multiplier (GRM), Cap Rate, and Cash-on-Cash Return. GRM looks at yearly rent and multiplies it by the market average (e.g., $100,000 rent × 7.5 GRM = $750,000). It’s quick but doesn’t factor in expenses. Cap Rate uses net income (after expenses) to calculate value (e.g., ...
Your First Investment!!!
มุมมอง 2714 วันที่ผ่านมา
🔽READ MORE🔽 Looking for your next investment property? Check out 1802 Garden Hills Drive in Champaign. This 3-bed, 1.5-bath home is a perfect starter property in the Garden Hills neighborhood, close to schools and amenities. Built post-WWII on a slab with 1,000-1,200 sq. ft., it rents for $1,250 monthly and is listed at $135,000. I'm J Leman, Realtor with eXp and experienced investor. Follow me...
Top 3 Rookie Mistakes for Real Estate Investing
มุมมอง 8521 วันที่ผ่านมา
🔽 I don't think you will believe this...🔽 Hey there! I'm J. Leman, a realtor and investor in Champaign-Urbana, here to share the top three mistakes I see new real estate investors make. First, many beginners dive into big, heavy projects-like major flips or value-add multifamily properties-before they’re ready. These often take a long time to cash flow, leading to overspending and discouragemen...
Great potential house flip in Urbana, Illinois.
มุมมอง 54หลายเดือนก่อน
Don't Read this… Follow @jleman47 for daily real estate power tips! Here’s a great flip opportunity in Urbana, Illinois. In a quiet neighborhood with mature trees, this home is priced well below the $225,000 market median at $100,000-$110,000, with an ARV of $160,000-$175,000. Solid brick exterior and a good roof mean it’s got strong bones. Don’t forget to like and subscribe for more Central Il...
The Top 5 Reasons to invest in Champaign Urbana
มุมมอง 32หลายเดือนก่อน
The Top 5 Reasons to invest in Champaign Urbana
Tortoise wins the real estate race
มุมมอง 33หลายเดือนก่อน
Tortoise wins the real estate race
3 quick ways to evaluate a rental property
มุมมอง 103หลายเดือนก่อน
3 quick ways to evaluate a rental property
How to Remodel a house the right way!!
มุมมอง 191หลายเดือนก่อน
How to Remodel a house the right way!!
Which Candidate is Better for Real Estate ?
มุมมอง 2392 หลายเดือนก่อน
Which Candidate is Better for Real Estate ?
Special house at Champaign, ILL
มุมมอง 642 หลายเดือนก่อน
Special house at Champaign, ILL
Before and after Flip House!
มุมมอง 722 หลายเดือนก่อน
Before and after Flip House!
Time Is Your Best Friend in Real Estate
มุมมอง 622 หลายเดือนก่อน
Time Is Your Best Friend in Real Estate
Inflation Nation is here!!!
มุมมอง 403 หลายเดือนก่อน
Inflation Nation is here!!!
Top 8 reasons people don't invest in real estate.
มุมมอง 583 หลายเดือนก่อน
Top 8 reasons people don't invest in real estate.
Leverage!! Why you need in football 🏈 and real estate 🏡 !!
มุมมอง 303 หลายเดือนก่อน
Leverage!! Why you need in football 🏈 and real estate 🏡 !!
Top 3 ways bank's evaluate real estate!!
มุมมอง 2713 หลายเดือนก่อน
Top 3 ways bank's evaluate real estate!!
I was terrified to buy real estate!! 🏡 (and how to become a millionaire through real estate)
มุมมอง 1624 หลายเดือนก่อน
I was terrified to buy real estate!! 🏡 (and how to become a millionaire through real estate)
Real estate is a Team Sport!
มุมมอง 234 หลายเดือนก่อน
Real estate is a Team Sport!
My First Ever Rental Property!
มุมมอง 794 หลายเดือนก่อน
My First Ever Rental Property!
How You Can Print $$$
มุมมอง 774 หลายเดือนก่อน
How You Can Print $$$
The Top 8 Reasons To Invest In Real Estate!
มุมมอง 624 หลายเดือนก่อน
The Top 8 Reasons To Invest In Real Estate!
I Lost $40K on a Real Estate Flip!!!
มุมมอง 2095 หลายเดือนก่อน
I Lost $40K on a Real Estate Flip!!!
Champaign IL Flip House with Low and No-Money Down!
มุมมอง 895 หลายเดือนก่อน
Champaign IL Flip House with Low and No-Money Down!
Off Market Duplexes in Champaign!
มุมมอง 1125 หลายเดือนก่อน
Off Market Duplexes in Champaign!
Buying Real estate in Champaign, IL With None of Our Own Money!? (Is that possible?) 😳😎
มุมมอง 706 หลายเดือนก่อน
Buying Real estate in Champaign, IL With None of Our Own Money!? (Is that possible?) 😳😎
My biggest & Smallest Deal! Big or Small We Sell Em All!
มุมมอง 306 หลายเดือนก่อน
My biggest & Smallest Deal! Big or Small We Sell Em All!
My Most Creative Deal!
มุมมอง 366 หลายเดือนก่อน
My Most Creative Deal!
Stocks vs Real Estate - The Never Ending Debate.
มุมมอง 456 หลายเดือนก่อน
Stocks vs Real Estate - The Never Ending Debate.
Why Is Real Estate a Smart Investment?
มุมมอง 266 หลายเดือนก่อน
Why Is Real Estate a Smart Investment?

ความคิดเห็น

  • @Walina-gv9ph
    @Walina-gv9ph 8 วันที่ผ่านมา

    You are confusing cap rates with cash on cash. The cap rate would be exactly the same if you paid cash or financed 100%. It is merely a valuation tool. CoC is a return metric and it changes by the amount of leverage.

  • @Freelancermasudrana2
    @Freelancermasudrana2 18 วันที่ผ่านมา

    Hello sir, I saw your TH-cam channel. The quality of your video is very good, you do a lot of hard work for business but you are not getting views because of not doing proper SEO of the video. Even with so much effort, no result is coming. I am a TH-cam SEO Expert. And I have been successfully working in this sector for a long time. If you know more details please Drop a reply.

    • @naturalearthvideo
      @naturalearthvideo 13 วันที่ผ่านมา

      Can you give me some samples of any projects you have done before and if it really works or is it just fake

    • @Freelancermasudrana2
      @Freelancermasudrana2 13 วันที่ผ่านมา

      ​@@naturalearthvideo OK, give me your email?

    • @jleman2230
      @jleman2230 7 วันที่ผ่านมา

      I think I'm good for now. But thanks for commenting.

    • @Freelancermasudrana2
      @Freelancermasudrana2 7 วันที่ผ่านมา

      @@naturalearthvideo Ok your e.mail?

  • @JohnnyCapss
    @JohnnyCapss 29 วันที่ผ่านมา

    All rent control doesn't consider the cost of repairs.

  • @myriahjasmine1341
    @myriahjasmine1341 หลายเดือนก่อน

    TRUMP 🙏

  • @mrmohin24
    @mrmohin24 หลายเดือนก่อน

    Hello Sir, Your video is really excellent. But I notice that there are some issues in your videos: there are no video tags, no tag volume, no keywords, no keywords in description, no ranked tag, your SEO score is very low, that’s why you are not getting more views, more subscribers and more likes. So your video is not reaching out to the people. you know keyword is very important for your video reaching out to the people? If you want your video to reach out to the people and improve it then you can trust me. I can help you grow your TH-cam channel organically as a Digital Marketer and SEO expert. If you want, we can have a meeting about your TH-cam channel problems and how to solve them. I am waiting for your response. Thank you.

    • @jleman2230
      @jleman2230 หลายเดือนก่อน

      I think I'm good for now. But thanks for commenting.

    • @mrmohin24
      @mrmohin24 หลายเดือนก่อน

      @@jleman2230 thank you

  • @diludider2469
    @diludider2469 หลายเดือนก่อน

    Very Informative.I like it.

    • @jleman2230
      @jleman2230 หลายเดือนก่อน

      Glad you liked it!

  • @jeremywagner5600
    @jeremywagner5600 หลายเดือนก่อน

    This is awesome! Love this video, so engaging!

    • @jleman2230
      @jleman2230 หลายเดือนก่อน

      Thanks so much! Glad you enjoyed it.

  • @enadopato
    @enadopato หลายเดือนก่อน

    Whoosh, click, dadun!

    • @jleman2230
      @jleman2230 หลายเดือนก่อน

      Let's go!

  • @Freelancersupravat
    @Freelancersupravat หลายเดือนก่อน

    Hello dear sir, Hope you are well. Can I suggest to grow your TH-cam channel?

    • @jleman2230
      @jleman2230 หลายเดือนก่อน

      I think I'm good for now. But thanks for commenting.

  • @Freelancersupravat
    @Freelancersupravat หลายเดือนก่อน

    Nice!

  • @hannansujan7506
    @hannansujan7506 2 หลายเดือนก่อน

    great

  • @AshleySpeaks4U
    @AshleySpeaks4U 2 หลายเดือนก่อน

    LEAVE HOMES ALONE! You do NOT know what you are doing, and are DEVALUING homes and driving up prices! 😢 Flippers do garbage work, destroying homes. The kitchen was probably fine.

    • @jleman2230
      @jleman2230 2 หลายเดือนก่อน

      I am confident my client will be able to cashflow within reasonable time. so, let's agree to disagree.

  • @satinkissedboutique3593
    @satinkissedboutique3593 2 หลายเดือนก่อน

    I appreciate the crystal clear break down of real estate concepts and strategies that help me figure out how to strategize moving forward. Now I understand better how the math really maths….Thanks for the insight!!!

    • @jleman2230
      @jleman2230 2 หลายเดือนก่อน

      Glad it was helpful! Hope it helps with your real estate journey.

  • @M.E.McCamishJR
    @M.E.McCamishJR 2 หลายเดือนก่อน

    Good Info J...

    • @jleman2230
      @jleman2230 2 หลายเดือนก่อน

      Glad you enjoyed it!

  • @betitos11
    @betitos11 3 หลายเดือนก่อน

    In the meantime hope you always keep 100% occupancy, they never miss rent and nothing every breaks in the building,.. so stupid 🙄🙄

  • @Streetlight37
    @Streetlight37 3 หลายเดือนก่อน

    Genius. Now all I need to do is go down to Walmart and pick up $1,000,000 dollars Why isn't everyone doing this?!?

  • @NoahRuggieri
    @NoahRuggieri 3 หลายเดือนก่อน

    I thought the easiest way was to inherit a large fortune and then whittle it down to a small fortune😅

    • @jleman2230
      @jleman2230 3 หลายเดือนก่อน

      That's funny. True too😂

  • @jeremywagner5600
    @jeremywagner5600 3 หลายเดือนก่อน

    This is awesome

  • @legokid1902
    @legokid1902 3 หลายเดือนก่อน

    Bro had the chance to brag about any car and he brags about his fucking Honda Accord lmao it comes with matching panties I hear. Also really sly there with the subtle brag about how many rental units you own, guess what? Make it 301 because I have another unit for you 🖕

  • @alishoki6245
    @alishoki6245 3 หลายเดือนก่อน

    The cash you receive from a cash-out refinance is generally not taxable because it is considered a loan rather than income. But you still have to pay the debt😂. And now you are in more debt 😂. Again, it all gonna work out until you get the 2008 special

  • @alishoki6245
    @alishoki6245 3 หลายเดือนก่อน

    Thanks to the very lovely comments. I also wanna say that yeah sure you get 100 gain but let’s say the house value drops to 95k. Now you are had a 100 percent loss plus other stuff mentioned in the comments.

  • @alishoki6245
    @alishoki6245 3 หลายเดือนก่อน

    A very high level of debt increases financial risk, leading to potential cash flow issues, higher interest costs, and a greater chance of default. Sooo!!! The least amount of money possible?

  • @alishoki6245
    @alishoki6245 3 หลายเดือนก่อน

    Rates are not directly affected by unemployment. Matter a fact unemployment is directly affected by interest rates. Rates are mostly affected by inflation rate(more inflation=higher rate), state of the economy(expansionary or contractionary), risk of default, and of course, money supply and money demand which is the most important one which is affected by monetary policies.

  • @alishoki6245
    @alishoki6245 3 หลายเดือนก่อน

    Again. You think your assets are gonna grow and grow until you get the 2008 special. You should diversify. Also historically, stock has shown to give higher returns. Sooo!!!! No financial asset is perfect. That why you should diversify 😜

  • @alishoki6245
    @alishoki6245 3 หลายเดือนก่อน

    300 rental units sounds cool (which you are lying of course) until you get the 2008 special 😂

    • @jleman2230
      @jleman2230 3 หลายเดือนก่อน

      Drinking some Hatorade over here lol. I do have ownership in over 300 units. How bout yourself? What’s the 2008 special? You mean when people lost their homes to foreclosure - did you care to look up apartment building stats during that time? And how they thrived when more people were forced to rent rather than own? 😮 love that you comment but if you are gonna bring the heat 🔥 I gotta have you back it up with something

  • @chrissudlow8638
    @chrissudlow8638 4 หลายเดือนก่อน

    I own a unit in an Urbana complex. In my building two units are owned and two units are rented. The rented units sit vacant for 3-6 months at a time and when they get tenants they only stay for 4-6 months. I have been here 3 years and have seen multiple tenants come and go. After this experience I would be mortified to rent property in the Urbana area. Cash flow assumes that the rent will be paid and unfortunately in this town its super difficult to find good renters. I know people have dreams of taking down a 4 unit for 150k and having the property generate 4k a month in rent. In your head you go what an awesome deal I can pay this back in 3-4 years. The cold water of reality in these low income towns is a lot of your rental income will get swept away by vacancy, non payment, making repairs after your tenants destroyed the place, and legal fees for evictions and cure/quit! The best rentals I have seen are ones to college students and that all rental T and C is a juggernaut eating up city blocks with 100% rentals!

  • @Abdullahahmed-yw3gn
    @Abdullahahmed-yw3gn 4 หลายเดือนก่อน

    Love your videos! I've some Ideas and suggestions to share with you regarding your channel, what's the best way to contact you directly? I'd love to have a conversation with you.

  • @Stronkdogge
    @Stronkdogge 4 หลายเดือนก่อน

    Nice recommendations!

  • @Stronkdogge
    @Stronkdogge 4 หลายเดือนก่อน

    Good recommendations!

  • @maratassanov5621
    @maratassanov5621 5 หลายเดือนก่อน

    As a person who is about to move there with my family for a study I would say it was pretty much informative and inspirative. Any information on which exact place/district is the best to live would be appreciative.

  • @GregoryHyde
    @GregoryHyde 5 หลายเดือนก่อน

    So sorry you had to experience that, but thanks for sharing the story! Hopefully it will help a lot of other people avoid those mistakes.

    • @jleman2230
      @jleman2230 5 หลายเดือนก่อน

      Thank you! I hope this video will help many people and guide them to avoid same real estate mistakes.

  • @NoahRuggieri
    @NoahRuggieri 5 หลายเดือนก่อน

    I lost $40,000 on a flip and was extremely happy about it. In fact, I planned on it from the moment I put it under contract to buy. It's all about whether you're a potato or an egg being boiled.

    • @jleman2230
      @jleman2230 5 หลายเดือนก่อน

      I'm glad it turns out well for you. As for my case, it's undoubtedly an expensive lesson that I hope other real estate investors can learn from.

  • @S.E.OTesting-zw1vn
    @S.E.OTesting-zw1vn 5 หลายเดือนก่อน

    optimize more its not properly optimized for rank in search results and the tag section is not optimized with proper searchable keywords

  • @TheFanOfFans04
    @TheFanOfFans04 5 หลายเดือนก่อน

    I was born here

  • @lukehooper376
    @lukehooper376 5 หลายเดือนก่อน

    let's GOOOO!!!!

    • @jleman2230
      @jleman2230 5 หลายเดือนก่อน

      Legend status!!

  • @krystvnarco
    @krystvnarco 6 หลายเดือนก่อน

    Dad *worked construction for 20 years* Realtor: "You are not a real-estate professional"

    • @jleman2230
      @jleman2230 6 หลายเดือนก่อน

      If you trust your dad who works in construction, that's alright. It is still a potential deal killer when buying a real estate property.

  • @satinkissedboutique3593
    @satinkissedboutique3593 6 หลายเดือนก่อน

    Awesome!!! These guys are the REAL DEAL!!! They helped me purchase my 1st Property in Champaign and it cash flows like crazy.. thanks Jay n Mario!!!😁😁😁

    • @jleman2230
      @jleman2230 6 หลายเดือนก่อน

      Thank you for sharing your story! We love to help investors like you!

    • @marioreyes5596
      @marioreyes5596 6 หลายเดือนก่อน

      Thanks for sharing! We are glad we could help! 👍

    • @JLeman47
      @JLeman47 6 หลายเดือนก่อน

      @@marioreyes5596 lets go brother!

  • @NoahRuggieri
    @NoahRuggieri 6 หลายเดือนก่อน

    I bought a house for $1,000 but whole saled it. Well double closed.

  • @NoahRuggieri
    @NoahRuggieri 6 หลายเดือนก่อน

    You don't think it's a broker or lawyer? More so than the inspection.

    • @jleman2230
      @jleman2230 5 หลายเดือนก่อน

      I posted a few more reels that answer that part of your question. You can check them out on my channel.

  • @leabush2608
    @leabush2608 6 หลายเดือนก่อน

    The only thing that would attract me there is you

  • @mdnahidseo
    @mdnahidseo 7 หลายเดือนก่อน

    Do u need a professional TH-cam thumbnail designer 2 grow your views?

  • @samfyfe2949
    @samfyfe2949 7 หลายเดือนก่อน

    Property will double in price in 2024! Don't miss out 🫵

  • @ipnewsagencybd
    @ipnewsagencybd 8 หลายเดือนก่อน

    Excellent! But your TH-cam video SEO score is very low. So views are not increasing. I'm Rafiq. I am a digital marketing expert & TH-cam SEO specialist. I am 100% sure your TH-cam video views, likes & subscriptions will increase if you can increase your video SEO score. Don't worry. If you want I will help you with organic promotion of your video. If you want we will have a Zoom meeting to discuss your TH-cam channel in more detail. I am waiting for your response.

  • @lukehooper376
    @lukehooper376 8 หลายเดือนก่อน

    You're talking my language. My wife and I have talked a ton about setting ourselves up to retire in NC!

    • @jleman2230
      @jleman2230 8 หลายเดือนก่อน

      Great investment option, and the view is great! 😁

  • @antoinelacey5966
    @antoinelacey5966 8 หลายเดือนก่อน

    I like cash flow

    • @jleman2230
      @jleman2230 7 หลายเดือนก่อน

      Me too !!

  • @NoahRuggieri
    @NoahRuggieri 8 หลายเดือนก่อน

    Make sure you don't over use it if you want to 1031 in or out of it!

  • @satinkissedboutique3593
    @satinkissedboutique3593 8 หลายเดือนก่อน

    J is a BEAST!!! He has amazing work ethic and wonderful customer service!

    • @jleman2230
      @jleman2230 8 หลายเดือนก่อน

      Thank You! 😁😁😁

  • @mikeyramrattan6428
    @mikeyramrattan6428 8 หลายเดือนก่อน

    Hi I'm thinking about relocating do you have any house rental?

    • @jleman2230
      @jleman2230 7 หลายเดือนก่อน

      shoot me an email. We can discuss more there.

  • @hamadahmad5607
    @hamadahmad5607 8 หลายเดือนก่อน

    V

  • @JohirIslam07
    @JohirIslam07 9 หลายเดือนก่อน

    "Fantastic insights! 🏡 Excited to implement these keys and find the perfect realtor to unlock success in building my real estate team and achieving long-term cash flow. Thanks for the valuable tips!

    • @jleman2230
      @jleman2230 8 หลายเดือนก่อน

      Glad to be of help!