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The Property Pastor
เข้าร่วมเมื่อ 10 เม.ย. 2019
Unlocking the secrets to building wealth through real estate investing and financial knowledge
Common Area Cleaning in Rooming Houses
In today's video I'll cover how to keep common areas clean when running a rooming house. Should you hire a company? Clean the areas yourself? Have tenants perform cleaning? Tune in to hear my recommendations and learn tips to save time, money, and reduce stress!
มุมมอง: 3 336
วีดีโอ
Guest calls the police at my Airbnb!!
มุมมอง 6842 ปีที่แล้ว
I had a CRAZY experience where the cops showed up at my cabin due to a domestic issue. I received an alert on my camera system and opened it to find two deputies standing at the front door. Due to the wonders of technology, I was able to tune in and heard the whole conversation through my ring camera. As an Airbnb owner, you run into all sorts of people and all sorts of situations. Tune in to f...
Best Advice on Real Estate Investing in Your 20s and 30s
มุมมอง 1.5K2 ปีที่แล้ว
If I had to do it all over again, I'd start as a real estate investor by using the House Hacking technique. I'd buy a home with a low down payment program that required 3-5% down and then rent rooms out. If I were doing that in today's times, I would take advantage of short and mid term rental platforms to maximize profit. This would allow me to live rent free and build wealth fast by charging ...
Buyer Backs Out 2 Days Before Closing!!!
มุมมอง 7262 ปีที่แล้ว
You won't believe this.... My buyer walked away from the closing table two days before closing. Now I have to take them to court to recoup the money that I spent on repairs and other fees. As you may know, I recently decided to sell one of my rooming houses. Despite being under contract and being days away from closing the deal, the buyer decided to walk away. In today's video I'll walk you thr...
Real Estate Investing in Smaller Cities | Interview with Erik Chambers
มุมมอง 7682 ปีที่แล้ว
Today I've got Erik Chambers on the channel to talk about how he is doing big deals in a smaller market. Erik proves that you don't have to live in a big city to build wealth and achieve your dreams. He'll show us how he has used the BRRRR method, built a strong rehab crew, and acquired several great properties. Erik will teach us how to focus on the numbers, run projects, and go to the bank to...
How to Build A Real Estate Business in Your 20's | Q&A with Corey Vickers
มุมมอง 4212 ปีที่แล้ว
Today we've got Corey Vickers on the channel to talk about how he started wholesaling real estate while he was in college and has acquired multiple properties before the age of 25! You won't want to miss this brother's story of how he went from a college student to a thriving entrepreneur. Follow Corey on Instagram at: therealcvick00
Faith and Entrepreneurship | Interview with Domenick Epps
มุมมอง 1742 ปีที่แล้ว
Today we have Domenick Epps, co-owner of Wall St Cafe and Victory Allegiance Realty. Domenick rose to build busineses through faith, rising from living out of of his car to seeing his vision come to pass. Through it all, he gives all of the glory to God and is helping others do to do the same through his coaching program - FlipGang. If you are believing God to launch a business, buy a property,...
When to SELL a Rooming House
มุมมอง 1.7K2 ปีที่แล้ว
A major goal of real estate investing is to BUY assets. So what in the world would possess me to SELL one? Throughout my career, I have purchased and operated rooming houses as a way to build my business. I decided to sell this property for 3 main reasons: 1. Performance 2. Seller's market 3. Upgrading my portfolio using a 1031 tax exchange
Buying Rentals using Creative Financing | Q&A with Akiem Jones
มุมมอง 4072 ปีที่แล้ว
Today I want to share a quick video I did with my man Akiem Jones on how to grow your real estate portfolio through creative financing techniques. In 5 short years, God has blessed me to acquire 14 properties using creative financing strategies like private money, lease options, and seller financing. We'll also take you inside of my most recent project, a BRRRR deal that I'm doing with a partne...
What to Say During Seller Financing Negotiations
มุมมอง 7592 ปีที่แล้ว
Nervous about trying to negotiate a seller finance deal? Not sure what to say? I've been there before and want to give you 5 tips on how to negotiate your seller finance deals. God has blessed me to do seller finance deals in my business and they have been key to scaling my portfolio. In this video, I'm going to teach you what to say and show you the right questions to ask during the negotiatio...
Buying Rental Properties with Seller Financing
มุมมอง 4892 ปีที่แล้ว
Seller financing has allowed me to acquire rental properties quicker than bank financing. I absolutely love the creativity and flexibility of seller financing and want to share some of these principles with YOU. In today's video I'm going to show you the power of buying property with seller financing and show you the best types of houses and sellers. These tips have helped me on several deals a...
Meet the Millionaire Money Coach | Q&A with April Stewart
มุมมอง 2682 ปีที่แล้ว
Today we have a special treat for the ladies! My friend April - aka April the Money Coach shares her own journey from a corporate job to a successful coaching business that helps women create million dollar net worth. April has been featured in Forbes, Black Enterprise, Afrotech, Business Insider, and more! Check out today's interview to hear about April's journey and learn how to implement the...
We are LIVE at our AirBnB Cabin!!
มุมมอง 5192 ปีที่แล้ว
We are LIVE at our short term rental in Blue Ridge GA. After upgrades, delays, setbacks, and obstacles, our cabin is open for business. We are GRATEFUL for our team that helped us get over the finish line - Interior Decorator, Cleaner, Granite & Countertop company, and Photographer. Going live was a challenging process. Since I'm still working a full time job and pastoring the church, I had to ...
How to Buy Your First Rental Property With a Partner
มุมมอง 4432 ปีที่แล้ว
Instead of taking a vacation this year with your best friends, why not buy a rental property together? That's exactly what me and my bro Randall did this year. Partnerships are a great way to buy a property when you don't have the funds or don't have the experience needed to do it alone. Check out today's video as I walk you through the duplex we just purchased in Newport News, VA. Together, we...
Building Wealth with Short Term Rentals
มุมมอง 8252 ปีที่แล้ว
Today I've got my bro Zazenski Garrison on to tell us all about Short Term Rentals. Z is building wealth with out of state short term rentals and was blessed to recently leave his day job to focus on real estate full time and to enjoy TIME with his family. Z is going to teach us how he built his portfolio to over 10 properties and show us the benefits of buying short term rentals. He'll cover t...
What to Put in Your Rooming House Lease
มุมมอง 10K2 ปีที่แล้ว
What to Put in Your Rooming House Lease
Best Ways to use a HELOC to Invest in Real Estate
มุมมอง 1.5K2 ปีที่แล้ว
Best Ways to use a HELOC to Invest in Real Estate
When to Walk Away from a Real Estate Deal
มุมมอง 2642 ปีที่แล้ว
When to Walk Away from a Real Estate Deal
My first Airbnb property!! Tour of My Cabin in Blue Ridge, GA
มุมมอง 6K2 ปีที่แล้ว
My first Airbnb property!! Tour of My Cabin in Blue Ridge, GA
How to Buy Properties Using the BRRRR Method | Interview with Duane Brown
มุมมอง 5632 ปีที่แล้ว
How to Buy Properties Using the BRRRR Method | Interview with Duane Brown
3 Rental Properties Under Contract At Once! Look at God!!
มุมมอง 2022 ปีที่แล้ว
3 Rental Properties Under Contract At Once! Look at God!!
Building Wealth Through Trucking and Real Estate | Q&A with Horace Hayes
มุมมอง 4292 ปีที่แล้ว
Building Wealth Through Trucking and Real Estate | Q&A with Horace Hayes
Which are Better Investments? Rooming Houses or Small Multifamily Properties
มุมมอง 7352 ปีที่แล้ว
Which are Better Investments? Rooming Houses or Small Multifamily Properties
How to Find a Rooming House Property Manager
มุมมอง 2K2 ปีที่แล้ว
How to Find a Rooming House Property Manager
I'm renting 3 bedrooms in a house, Idn't live in the property, How could I have control to get the house, because I ask perdition to get in.
Are you still using StessA ? It isn't free for all the features anymore. But wondering how you like it now years later.
My daughter is ready to rent out 2 rooms in her house, so this was very helpful. Thanks
What about putting a small fridge in each room?
Ffs masks! I would have told you to stick it where the sun don't shine! You're probably tell them they need to be injected as well!. Wake up sunshine!!
I have a four bedroom house that I'm trying to rent to section 8 I'm thinking if I should do room by room then I will of control over the property renting it to a single family I do not have privilege to's my backyard. Which do you think is the best choice thank you
An evicted tenant either learns to be more responsible or learns how to get better at dodging responsibility
I really liked when you use the term “bankrolled”because essentially they are acting like a bank for you and you’re probably offering them about the same interest structure
Duplexes with full basements are fairly common. If the property would support the parking, the basement can be converted into a suite making the property a triplex
Great tip😃 I was looking at Smart locks, but it occurred to me besides the cost of having to put a smart lock on every room. I am changing the batteries in every Smart lock every twice a year.
Perfect
Nice
Great information !
Great content, loving it
I'm so glad I found you!!!
Thanks everyone for their sharing your experiences I'm in the early process.
600$ net profit? Per month
Have you ever rented rooms to homeless or low income veterans who qualify for HUD-VASH?
Thank you Pastor ❤❤
Been doing this for 6 years and grown to 4 properties now! Cash flow is great. I also built an app to help landlords renting out rooms manage their roommates/property Love the content!
Great idea! I’d love to find out more about your app. Thanks, Karen
@@Cohabi_app tell us more about the app, message me
❤
Furnished or unfurnished rooms that he rented out?
Can I rent just a room without access to common area living room?
Landlord controlled thermostat is a must. Clause on window opening a must. Cameras for the kitchen a must. 2 fridges a must. Clauses allowing fees a must.
Cameras inside the house are creepy as fuk! Outside, is ok
@@pjsr600say that after you don't know who's creating giant messes in the kitchen, not doing dishes, not locking doors, and more. When you get experience you'll learn
Is 28 years of sharehouse experience enough
@@pjsr600 no, you see it from the tenant experience. When you have skin in the game and need to manage tenant roommate emotions and friction points then you can say you have experience
16 years of that 28 is renting out rooms in my own property that I brought. you just need to find good housemates. I've had my fair share of bad ones
Great information. Are these rooms furnished or unfurnished? Thanks for sharing!
hello thanks a lot for the video! do you think can work well for arbitrage? Short term rental
How do rooming houses provide vacancy protection for you?
is it illegal to write name of a non paying tenant on social media?
Who is responsible is common space is damaged?
11 properties! Damn homie! Good for you...
In California do i need to provide room renter with 60 day notice to vacate or is 30 day ok? Can it be verbal?
I'm very interested. I recently moved out of a multi living 4 bedroom. I now stay in a 3 bed 2 bath all by myself.
I paid my previous landlord by cash app.
We are old/seniors and have a four bedroom nice home and want to rent a room to help with our expenses. I’m worried but would like to do this. I have a very nice furnished bedroom. I am going to put a fridge in the room as well. I have washer and dryer and huge kitchen. I was thinking of short term rentals. Which is better, longer or short term? Thank you and I enjoyed your videos.
Who should we market to in order to appeal to people with government vouchers? I’d like to turn my property into a home for women but I’d like for those women to have vouchers.
Hello I’m thinking about turning a dingo family home into room rentals. Thank you for sharing the pros and cons. Do you have a template of house rules that I could review and make my own?
Thank you!!!!!!!
I would like to add that the taxes are handled differently for room rentals as well. There are certain tax breaks you receive for renting out single family dwellings at market that you won't be able to utilize while renting out rooms.
Awesome video. I have a 5 bed 3.5 bath sfh in Southern California that I plan to rent out by the room. A little nervous to pull the trigger due to California laws being tenant friendly. I guess scared money don’t make no money right?
Great advice, both here and your other rooming video. I was going to ask a comment there, per your suggestion but the comments are 'OFF'. It's for this video: th-cam.com/video/EQ7A9aXYZOQ/w-d-xo.html My question is, for rooming houses, do you have specific advice on renting rooms while living in them? With this in the other video, I gather you have investment houses for this purpose but live elsewhere-unless I'm mistaken. I'm new to your channel, so haven't had a chance to look around. I'll go through your playlist to see what else I can learn. Thanks.
How often do you inspect the house?
Are there often problems with the wifi? What's the protocol? Do you sit on the phone with tech support? I know you don't want to send somebody from the company out there every time.
Dr. Fauci admitted that social distancing wasnt scientifically proven and didnt work. Also, that masks didnt work as well. You're definitely right that it caused issues but not medical issues.
Can I Sale my House with a Balloon Mortgage Disclosure?
Where can I find a lease agreement for tenants that will rent by room?
I’m having a hard time finding tenants. What are some free platforms I can use ?
Have you ever had tenant replace the whole lock with different brand/manufacturer? If so, how did you handle it? It would be food if these are fastened with a torz bit or something not readily available in hardware store.
This is terrific info!
In an owner financed property, What if when the balloon payment is due the owner is not willing to refinance and wants full payment? The borrower after 5 years will not have enough equity in the property to get a loan to pay the balloon. Where else can he get the money if he is doing a rent to own deal with the property currently? Will he have to sell the property and break the rent to own contract?
Aggie Pride!
How Do you set up garbage disposal in kitchen? So do you give each a trash can in the kitchen or in the their room?