All us Mahnkes
All us Mahnkes
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Rental property investing 101 - Renting by the room
Today i'm rolling with my homeboy and he's showing me some of his rental properties that he rents out by the room. he makes around $3k per property before utilities and taxes are paid, but that's more than double what most people earn for a single-family residence. So watch and unlock the secrets of Rental Property Investing with a focus on Renting by the Room! This strategy maximizes cash flow, reduces vacancy risk, and boosts your ROI. Discover key tips on lease structuring and house rules. Whether you're a beginner or an experienced investor, this video breaks down the pros, cons, and must-know strategies for room-by-room rentals. Don't miss out on this high-yield investing approach-watch now and start optimizing your rental income!
มุมมอง: 675

วีดีโอ

Property flip in Detroit - How to flip in houses part 4
มุมมอง 9302 ชั่วโมงที่ผ่านมา
Welcome back to part 4 of our property Flip in Detroit. This episode is packed with real talk, real numbers, and real progress as we take this flip to the next level. If you’ve been following along, you already know we started with a distressed property, and now we’re turning it into a money-making investment. In this video, we’re breaking down the latest updates-renovations, budget adjustments...
Property flip in Detroit - How to flip houses part 3
มุมมอง 1.2K19 ชั่วโมงที่ผ่านมา
Flipping houses in Detroit is all about hustle and strategy. This Property Flip in Detroit - How to Flip Houses Part 3, we’re diving deeper into the game, breaking down the nitty-gritty of turning a rundown property into a cash-flowing gem. Detroit’s real estate market is buzzing, but you gotta know how to navigate it. This guide will teach you how to find the best deals, avoid common traps, an...
Property Flip in Detroit - How to flip houses part 2
มุมมอง 1.4Kวันที่ผ่านมา
Welcome back to Part 2 of our exciting series on how to flip houses in Detroit! In this video, we dive deeper into the process of transforming this distressed property into a valuable investment. If you’ve ever wondered what it takes to succeed in the world of property flipping, especially in a city like Detroit, this video is for you! We take you through the renovation journey , sharing tips a...
Property flip in Detroit - how to flip houses part 1
มุมมอง 5Kวันที่ผ่านมา
Welcome to Part 1 of our exciting journey into the world of house flipping! In this video, we’re diving into the details of our latest property flip in Detroit. If you’ve ever wondered how to flip houses and turn a profit, this is the perfect series for you. This project starts with a charming 3-bedroom, 1-bathroom home spanning 1,350 square feet. We’ll walk you through our step-by-step process...
Before and after home flip in Detroit
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Before and After Home Flip in Detroit: A Stunning Transformation Welcome to our latest video showcasing an incredible before and after home flip in Detroit! This charming 3-bedroom, 1-bathroom home, spanning 980 square feet, has undergone a complete transformation. From outdated and neglected to modern and inviting, this Detroit property highlights the potential of revitalizing homes in the cit...
Amazing House Flip in Detroit - Before and After part 6
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Part 6 and final episode of this amazing house flip in Detroit. The renovations are finally done and I ended up doing the hardwood floors myself with help from my boy Terry. I usually put stainless steel appliances in the houses but this time we didn't need to because we got an offer on the property before it was finished and the buyer said she had her own appliances.
Amazing house flip in Detroit - Before and after part 5
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Welcome to *Amazing House Flip in Detroit - Before and After Part 5*! In this exciting new episode, we take you through the incredible transformation of a Detroit property that was once an outdated rental property, now turned into a stunning dream home. Watch as we dive deep into the renovation process, highlighting the challenges, victories, and everything in between. In this episode, we focus...
Amazing House Flip in Detroit - Before and After part 4
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This amazing house flip in Detroit continues. We're almost done with all the renovations, they put in the kitchen cabinets and finished most of the painting. All thats left is backsplash, finish up in the bathroom and refinish the hardwood floors.
Amazing House Flip in Detroit - Before and After part 3
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Amazing House Flip in Detroit - Before and After part 3. Coming down the home stretch with this house, it's about 3/4 finished which is about 5 more days, 7 at the most. They put the kitchen tile down and started with the bathroom tile. 80% of the house is painted so i'm very happy with how things are coming along with this house flip.
Amazing House Flip In Detroit - Before And After Part 2
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Amazing house flip in Detroit - Before and After part 2. So it this video I go to the new Habitat Restore in Southfield that just opened up to see what kind of deals I can find and I found quite a few. Doors for $20, a stainless steel dish washer for $60, bathroom vanity light for $30 and alot of other smaller items. Im trying to keep my materials budget under $7,000 and so far im doing pretty ...
amazing house flip in detroit - before and after part 1
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What 750k buys in Michigan
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What 750k buys in Michigan
shopping for commercial real estate in detroit
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shopping for commercial real estate in detroit
What 2 million buys you in Michigan
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What 2 million buys you in Michigan
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Looking for house deals in Detroit- house flipping in Detroit
shopping for properties to flip in Detroit
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shopping for properties to flip in Detroit
Checking out some Detroit land bank houses
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Checking out some Detroit land bank houses
House shopping for cheap houses in Detroit - flipping houses in Detroit
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House shopping for cheap houses in Detroit - flipping houses in Detroit
Shopping for cheap properties in Detroit Michigan - looking for houses to flip in Detroit
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Shopping for cheap properties in Detroit Michigan - looking for houses to flip in Detroit
90 day house flip rule explained
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90 day house flip rule explained
learn how to flip houses as a beginner
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learn how to flip houses as a beginner
Looking for real estate deals in Detroit | shopping for new properties to flip
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Looking for real estate deals in Detroit | shopping for new properties to flip
House shopping for cheap properties to flip in Detroit
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House shopping for cheap properties to flip in Detroit
Shopping for Airbnb properties
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Shopping for Airbnb properties
House shopping for cheap properties in Detroit | Looking for houses to flip in Detroit
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House shopping for cheap properties in Detroit | Looking for houses to flip in Detroit
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Looking at cheap properties to buy in Detroit | flipping houses in Detroit
Million dollar properties in Michigan | Million dollar home tours
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Million dollar properties in Michigan | Million dollar home tours
What a million dollars buys you in Michigan | Million dollar house tour
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What a million dollars buys you in Michigan | Million dollar house tour
What a million dollars buys you in Michigan | Million dollar house tours
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What a million dollars buys you in Michigan | Million dollar house tours

ความคิดเห็น

  • @kane6529
    @kane6529 15 นาทีที่ผ่านมา

    This is nasty work

  • @JamelaBanks
    @JamelaBanks 4 ชั่วโมงที่ผ่านมา

    Do he have a TH-cam channel? If not He should make a TH-cam

  • @AlexanderWaylon
    @AlexanderWaylon 6 ชั่วโมงที่ผ่านมา

    This is absolutely brilliant. I think situations like this sort bad people out organically. As he demonstrated Paying for the internet is the frosting on the cake, that is likely to make any single person working making pizza part time, or maybe they are older whatever lane they are in..... saying that's "All I need" and make them stand in line and say I got the money. That's a quality approach. Personally only thing I think I would do differently perhaps in time is steel exterior doors for each room generic 6 panel Stanley ptm with varnished floors for the finish look - the shine and that door would be upsell on quality as he grows. The big buildings are called SROs "single room occupancy." I wouldn't have assumed there's enough of a housing shortage in the city to warrant this, but clearly I'm beyond mistaken. Exciting.

    • @allusmahnkes8126
      @allusmahnkes8126 37 นาทีที่ผ่านมา

      Yea it's definitely a shortage on rentals OR the rents are waaaay too high. The average rent in Detroit for a 3 bedroom is $1300 now, it's use to be $800-$900..

  • @brandonchapman5187
    @brandonchapman5187 7 ชั่วโมงที่ผ่านมา

    This a great idea!!!!!

  • @richclay1290
    @richclay1290 8 ชั่วโมงที่ผ่านมา

    Man this was on time! Me and my partner in the process of putting a home on a lot we just purchased in Detroit to turn into transitional housing. I'd like to network with you fellas!

    • @allusmahnkes8126
      @allusmahnkes8126 35 นาทีที่ผ่านมา

      That's dope, and I'm definitely down to network. You can email or dm me and we can chop it up.

  • @TropicsFever
    @TropicsFever 9 ชั่วโมงที่ผ่านมา

    Do you use loans to purchase the home? How do you pay for repairs? Love your videos! Tryna get like you!

    • @allusmahnkes8126
      @allusmahnkes8126 33 นาทีที่ผ่านมา

      Naw I use my own money. Using a loan is a headache and the process takes waaaayyy too long. And I pay for repairs with my own money as well. And thanks for watching!

  • @sabrenacureton313
    @sabrenacureton313 12 ชั่วโมงที่ผ่านมา

    🤎❤️ nice setup

  • @user-xr1jo6zk2d
    @user-xr1jo6zk2d 13 ชั่วโมงที่ผ่านมา

    Illegal from a zoning and building/safety code standpoint. Basements can’t have bedrooms without two means of egress.

    • @allusmahnkes8126
      @allusmahnkes8126 13 ชั่วโมงที่ผ่านมา

      Did you see inside the basement rooms?

    • @user-xr1jo6zk2d
      @user-xr1jo6zk2d 6 ชั่วโมงที่ผ่านมา

      @@allusmahnkes8126did you?

  • @gheechiedan9299
    @gheechiedan9299 14 ชั่วโมงที่ผ่านมา

    Mannnnn loook ! You better than me! I would be in JAIL ! NO F ing way I would let a M Fer get away with this ! I would at the MOST give them 15 minutes to get OUT my shyt then I'm handling it street style! FAFO! 🤔

  • @FerrariWatts
    @FerrariWatts 14 ชั่วโมงที่ผ่านมา

    This is just what I was talking about to my boys this week! I wonder where he’s getting his tenants from?

    • @allusmahnkes8126
      @allusmahnkes8126 13 ชั่วโมงที่ผ่านมา

      Craigslist and Facebook

  • @YTSparty
    @YTSparty 19 ชั่วโมงที่ผ่านมา

    What is the "red zone"? Detroit houses are the best. Basements, amazing bones. And they all have a consistent build standards so you know exactly what you have to do in each one. Would love to wake up in 1950 in Detroit and see these houses in perfect condition.

    • @allusmahnkes8126
      @allusmahnkes8126 17 ชั่วโมงที่ผ่านมา

      The Red Zone refers to the 7 mile bloods.

  • @AlexanderWaylon
    @AlexanderWaylon 20 ชั่วโมงที่ผ่านมา

    Another great video!

    • @allusmahnkes8126
      @allusmahnkes8126 18 ชั่วโมงที่ผ่านมา

      Appreciate it!

  • @YTSparty
    @YTSparty 21 ชั่วโมงที่ผ่านมา

    A $30K budget to renovate is way more than enough. Great bones, the stairs look amazing. I'm not a contractor and I could do all the fixes, from dry wall to plumbing to electric. I'm super jealous, I'd love to be working on that place!

    • @allusmahnkes8126
      @allusmahnkes8126 14 ชั่วโมงที่ผ่านมา

      Is that the type of work you do for a living?

  • @YTSparty
    @YTSparty 21 ชั่วโมงที่ผ่านมา

    That house was in great shape, easy flip. The bigger question is, what is crime like in the area? I've seen so many great opportunities like this in Detroit, but I do research and find out 5 people had been shot in the last month in the area. If this house is in say, Royal Oak in this shape, it still would be $200,000.

    • @allusmahnkes8126
      @allusmahnkes8126 19 ชั่วโมงที่ผ่านมา

      Yea in Royal Oak it would definitely be $200k. But far as the crime, that's not my concern because if houses are selling in the area it really isn't an issue.

  • @lucretiajohnson1830
    @lucretiajohnson1830 23 ชั่วโมงที่ผ่านมา

    What store was that, where did you find your tile selection?

  • @MsAngie2.0
    @MsAngie2.0 วันที่ผ่านมา

    Oh this why my calls don’t get answered lol. You busy busy

    • @allusmahnkes8126
      @allusmahnkes8126 วันที่ผ่านมา

      Lol. I didn't realize that was you calling, I forgot you changed your number

  • @Bigcoopdog_01
    @Bigcoopdog_01 วันที่ผ่านมา

    That Malcom x painting is amazing!

    • @allusmahnkes8126
      @allusmahnkes8126 วันที่ผ่านมา

      Thanks appreciate it 🙏🏾

  • @Firstpick1
    @Firstpick1 วันที่ผ่านมา

    Good content! And you’re giving a lot of details. This is exactly what I needed to make that leap and buy a rental in the city!

  • @sabrenacureton313
    @sabrenacureton313 วันที่ผ่านมา

    🤎❤️

  • @tgray8593
    @tgray8593 2 วันที่ผ่านมา

    Are you keeping this company that's doing your work or can I get there info?

    • @allusmahnkes8126
      @allusmahnkes8126 2 วันที่ผ่านมา

      I've been using them for years. But you can get their info, just email or dm me.

  • @tgray8593
    @tgray8593 2 วันที่ผ่านมา

    You definitely have the right crew now!

  • @OffCode
    @OffCode 3 วันที่ผ่านมา

    What type of business entity do you use if any?

    • @allusmahnkes8126
      @allusmahnkes8126 3 วันที่ผ่านมา

      I always use an S Corporation. It's cheaper on taxes

  • @billyfinch9121
    @billyfinch9121 4 วันที่ผ่านมา

    I see a perfect commercial space for a thriving beauty or barber shop, with the option for the owner to stay above it

    • @allusmahnkes8126
      @allusmahnkes8126 4 วันที่ผ่านมา

      Yea I'm going to use the bottom for my art studio and airbnb the upper apartment.

  • @gheechiedan9299
    @gheechiedan9299 5 วันที่ผ่านมา

    Love your friendship with ya boy! Remind me of my homeboys always talkin TRASH and joking with each other! 🤣👌🏾

  • @gheechiedan9299
    @gheechiedan9299 5 วันที่ผ่านมา

    VERY good information in this video my man. Respect ! 👍🏾

    • @allusmahnkes8126
      @allusmahnkes8126 5 วันที่ผ่านมา

      Thanks I really appreciate it!

  • @gheechiedan9299
    @gheechiedan9299 5 วันที่ผ่านมา

    Good video my man. 👍🏾

  • @yaimiarias
    @yaimiarias 5 วันที่ผ่านมา

    Thank you for your videos!! Have you ever thought about renting out your properties and then refinancing them using the BRRRR method?

    • @allusmahnkes8126
      @allusmahnkes8126 5 วันที่ผ่านมา

      Naw renting out a single family unit isn't worth it. It's more beneficial to rent out a multifamily unit

  • @anthonymahnke3055
    @anthonymahnke3055 5 วันที่ผ่านมา

    Really nice

  • @anthonymahnke3055
    @anthonymahnke3055 5 วันที่ผ่านมา

    The carpet on the stairs do look nice

  • @albertl6963
    @albertl6963 6 วันที่ผ่านมา

    I like these videos. What's the average size bedroom in Detroit feet wise?

    • @allusmahnkes8126
      @allusmahnkes8126 6 วันที่ผ่านมา

      @@albertl6963 idk, probably 10x12

  • @hadinehme6954
    @hadinehme6954 7 วันที่ผ่านมา

    what's the address to that place that had those windows for sale?

    • @allusmahnkes8126
      @allusmahnkes8126 7 วันที่ผ่านมา

      @hadinehme6954 idk the address but it's called Papa's

    • @hadinehme6954
      @hadinehme6954 7 วันที่ผ่านมา

      @@allusmahnkes8126 do you buy in 48228?

  • @user-MrFresh313
    @user-MrFresh313 7 วันที่ผ่านมา

    What’s the name of the place with all the used windows my brother?

  • @CarFeinz
    @CarFeinz 7 วันที่ผ่านมา

    Yo god bless you loving the steps 🔥🔥what’s the store you go and shop for used materials???

  • @RealestatePape
    @RealestatePape 7 วันที่ผ่านมา

    Can’t wait to do me a flip once I wholesale some deals this year month of January up haven’t locked up anything yet but I will soon hopefully can send yall something

    • @allusmahnkes8126
      @allusmahnkes8126 7 วันที่ผ่านมา

      @@RealestatePape definitely. You can send whatever you got to my email

    • @RealestatePape
      @RealestatePape 5 วันที่ผ่านมา

      @ what’s your email? I have two in 48219 right now! Lockbox on both can send u pics

  • @BlackMogulTV
    @BlackMogulTV 7 วันที่ผ่านมา

    Do you guys have buyers for 48224 zip code

  • @RealestatePape
    @RealestatePape 7 วันที่ผ่านมา

    Quick property solutions that’s my guy Emilio Basa

    • @allusmahnkes8126
      @allusmahnkes8126 7 วันที่ผ่านมา

      @RealestatePape yea Emilio real good people. He do great business

  • @donnellharvey4556
    @donnellharvey4556 7 วันที่ผ่านมา

    Hey what’s up young King, I like what you’re doing, it’s always great to see us doing something constructive and productive instead of selling POISON! to our own community 💪🏾💯 One suggestion though, you could’ve just laminated over that plywood in the attic with some 1/4” drywall to save time on demo or either painted it with a flat based paint ! 🫡💯

    • @allusmahnkes8126
      @allusmahnkes8126 7 วันที่ผ่านมา

      @donnellharvey4556 I appreciate you watching! Yea it had to come down regardless because I'm putting insulation up there

  • @TonioCapo
    @TonioCapo 7 วันที่ผ่านมา

    How do you go about buying a house/property like this? Detroit Landbank? Help

    • @allusmahnkes8126
      @allusmahnkes8126 7 วันที่ผ่านมา

      @@TonioCapo Never Detroit Land Bank, all they houses are trash. I find them on zillow or through whole salers

  • @shanettejohnson5792
    @shanettejohnson5792 8 วันที่ผ่านมา

    May i ask, is there a Pacific website or auction site that you are using two purchase the foreclosure homes.

    • @allusmahnkes8126
      @allusmahnkes8126 8 วันที่ผ่านมา

      @@shanettejohnson5792 zillow. You purchase them just like any other home

    • @YTSparty
      @YTSparty 21 ชั่วโมงที่ผ่านมา

      @@allusmahnkes8126 LOL, people don't realize why the houses are so cheap.

  • @Thefurnacefixer
    @Thefurnacefixer 8 วันที่ผ่านมา

    🔥

  • @AlexanderWaylon
    @AlexanderWaylon 8 วันที่ผ่านมา

    You caught me off guard with " think we can match this tile?" and you went into the hallway I said to myself "WHAT TILE IS LEFT? He said remove all of it?" Like if you wanted to regrout it or whatever maybe... but when you said that, I was like "Hhhhuh"? Like he said its - all white black or gray now. Some of that historic work in some houses will sell, I think, but 1940s-1960s bathroom colors -pink and blue types - wont do it. Hope you had a good day Sir.

    • @allusmahnkes8126
      @allusmahnkes8126 8 วันที่ผ่านมา

      @AlexanderWaylon yea I just had a design idea for that type of tile, but the idea was short-lived lol.

  • @sabrenacureton313
    @sabrenacureton313 8 วันที่ผ่านมา

    🤎❤️

  • @Crash-Out
    @Crash-Out 8 วันที่ผ่านมา

    💪🫡💙💯🙏

  • @albertl6963
    @albertl6963 8 วันที่ผ่านมา

    Electric code in Chicago requires conduit for electrical inside walls?

    • @allusmahnkes8126
      @allusmahnkes8126 8 วันที่ผ่านมา

      @@albertl6963 idk, I'm not in Chicago

  • @sabrenacureton313
    @sabrenacureton313 9 วันที่ผ่านมา

    🤎❤️

  • @sabrenacureton313
    @sabrenacureton313 9 วันที่ผ่านมา

    🤎❤️

  • @ghalibking9234
    @ghalibking9234 10 วันที่ผ่านมา

    how to get intouch with you trying to do some business