I want more Kasey. I need more Kasey. We all want more Kasey. Kasey's knowledge is like the Bible of Property Management and investing. I can not get enough of learning from him.
FANTASTIC perspective. This is exactly how I see my tenants. They are my partners in business. And they know that anything that needs to be addressed will be done so immediately. Really appreciated this confirmation from Casey.
Great video Matt! One thing that amazes me in this age of technology is that people like Kasey W. who learnt the tricks of the trade over the years are so willing to share their experiences with people around the world. I am especially impressed that he doesn't mind saying that he was "screwed over many times" and gives us tips to avoid making the same mistake. Really thankful to Kasey and you for sharing all this information freely with us and hope that you do well for all the good karma :)!
I'm completing on a new rental that I will need to start tenant selection very soon so the timing couldn't be more perfect for this video! Thanks Matt and Kasey. As always I can't wait for the next Kasey Wong video!!
@@mikenowicki9042 Thanks but it's not really that exciting, it's just one unit that I purchased in a multi building. I'm on the get rich slow strategy. I'm in a small town outside of Kelowna BC Canada.
good stuff Kasey! Every place is different. I live in Phoenix...low supply, high demand. I disagree with the no credit check in this situation (i demand). It is the best way I have found to find great tenants and actually long term tenants. I love going to their current spot to see how they live. They mark non-smoker and there is a pack of cigarettes on table on smoke smell in house.
Yasss! Kasey, I watch. Should be good! That man is so down to earth and honestly trying to share all he knows to help others follow on. Thanks for having Kasey back on your channel and thanks for being in another video Kasey. Content gold.
@@CanadianRealEstateChannel when and how to pull equity from a first property as a new home owner especially after adding renovation value to the property
How amazing is the contrast between how Kasey was portrayed as a landlord by the .03cent media story and how the real Kasey actually cares about his properties and tenants to the point where he's up front about damage costs and even willing to pay tenants for their troubles if they have to go out and purchase something for the unit! A true professional in every area of the business! Thanks for sharing Matt! We use pretty much exactly the same methods for screening except we add in a prescreening questionnaire before even releasing the full address of the unit. This actually ends up eliminating roughly 60% of the initial inquiries just on the simple fact that they don't fill out the 7 questions at all. If you can't be bothered to respond to simple questions like, why you're looking to move or what kind of pets do you have, then we're not going to spend our time trying to start that relationship either. We have always felt the exact same way that Kasey described it, tenants are our business partners. Our focus is to make sure we have healthy open relationships with our tenants to create a mutual respect that will last.
Good stuff. I like calling number and see if reference is fake. Also going to their current place to sign the lease, find out how they're living. Good idea. More of Mr. Wong would be great.
Had 2 OW tenants, both were delinquent. The rent didn't come directly to me. They screwed me over. I decided to go with a rental agency, Speedy Rental Agency. My tenants are amazing! If you're like me and can't manage all of this on your own, hire a rental agency with a good reputation!
What if after 25 years the tenant doesn't hand you back the keys and you have a tenant paying 30% of market rents that kicks the shit out of your cap rate and your building isn't worth anywhere close to where it could be if it were empty?
Kasey, I watched a call you did with your wife Jed. You 2 spoke about interest in the assisted living niche. Have you made any acquisitions in that niche?
interesting...treating folks on assistance any differently than those with jobs is 100% illegal in NYC. A landlord would not be able to require anything additional of them if they are not asking that of those with good jobs. Income is a protected class here like race and religion.
Prime slumlord in action right here. Look at how bad that street is cracked. Maybe if you put some money into it, you would attract better qualified tenants
"Your tenants are your business partners". What a eye opening perspective. Always dope content when you and Kasey get together
literally such a good perspective to pick the right tennant
every time Kasey is their, I say WOO, but seriously, kasey is a beast, thank you so much for the information
Thanks Mike!
theyre both beasts! kasey videos are GOLD
I want more Kasey. I need more Kasey. We all want more Kasey. Kasey's knowledge is like the Bible of Property Management and investing. I can not get enough of learning from him.
This was a solid video Matt!
Thanks Radies!
what did you like most?
Radies Rajakulam - Investing & Real Estate
In the right place ✊🏾
FANTASTIC perspective. This is exactly how I see my tenants. They are my partners in business. And they know that anything that needs to be addressed will be done so immediately.
Really appreciated this confirmation from Casey.
I love this too. im a would be investor and this is a big eye opener for me. how long have you been investing for?
mnowicki I’m in for 2 years now. Don’t be a “would be”. Get in... the water is warm lol
Great video Matt! One thing that amazes me in this age of technology is that people like Kasey W. who learnt the tricks of the trade over the years are so willing to share their experiences with people around the world. I am especially impressed that he doesn't mind saying that he was "screwed over many times" and gives us tips to avoid making the same mistake. Really thankful to Kasey and you for sharing all this information freely with us and hope that you do well for all the good karma :)!
Love listening to Kasey advice. The guy is killing it
always the best
He is a slumlord, google him.
@@jsiszero who is? Kasey?
Very practical, real and generous! I know Kasey well; he’s the real deal. Great video guys!!
hes a boss
I learn more from a Kasey video than hours of other content. Thanks
24 karat GOLD
I'm completing on a new rental that I will need to start tenant selection very soon so the timing couldn't be more perfect for this video! Thanks Matt and Kasey. As always I can't wait for the next Kasey Wong video!!
thats exciting! how many units in the new rental? whats city you in?
@@mikenowicki9042 Thanks but it's not really that exciting, it's just one unit that I purchased in a multi building. I'm on the get rich slow strategy. I'm in a small town outside of Kelowna BC Canada.
good stuff Kasey! Every place is different. I live in Phoenix...low supply, high demand. I disagree with the no credit check in this situation (i demand). It is the best way I have found to find great tenants and actually long term tenants. I love going to their current spot to see how they live. They mark non-smoker and there is a pack of cigarettes on table on smoke smell in house.
Great Video! thanks Kasey for all the knowledge and Matt for sharing with all of us!
kesey the GOAT
Yasss! Kasey, I watch. Should be good! That man is so down to earth and honestly trying to share all he knows to help others follow on.
Thanks for having Kasey back on your channel and thanks for being in another video Kasey.
Content gold.
Like!
Much Awaited Video, Thanks for having pit session with Kasey. Really helpful.
Glad you enjoyed it!
Kasey is one hell of a real estate guru nobody will miss. Once I see his face on the thumbnail, I click to watch instantly
Thanks for watching - what should Kasey talk about next?
@@CanadianRealEstateChannel when and how to pull equity from a first property as a new home owner especially after adding renovation value to the property
Qweku LeRoy Gyimah yeah I agree
Everyone LOVES Kasey! make sure to share this stuff so everyone knows who Kasey Wong is.
How amazing is the contrast between how Kasey was portrayed as a landlord by the .03cent media story and how the real Kasey actually cares about his properties and tenants to the point where he's up front about damage costs and even willing to pay tenants for their troubles if they have to go out and purchase something for the unit!
A true professional in every area of the business! Thanks for sharing Matt! We use pretty much exactly the same methods for screening except we add in a prescreening questionnaire before even releasing the full address of the unit.
This actually ends up eliminating roughly 60% of the initial inquiries just on the simple fact that they don't fill out the 7 questions at all. If you can't be bothered to respond to simple questions like, why you're looking to move or what kind of pets do you have, then we're not going to spend our time trying to start that relationship either.
We have always felt the exact same way that Kasey described it, tenants are our business partners. Our focus is to make sure we have healthy open relationships with our tenants to create a mutual respect that will last.
Good stuff. I like calling number and see if reference is fake. Also going to their current place to sign the lease, find out how they're living. Good idea. More of Mr. Wong would be great.
I loved some of the tips you gave and have followed a couple of them. Nice work!
I admire Kasey a lot. He is very honest, inspirational and transparent person. I would love to work with him.
YES... KASEY IS BACK.... thank you Matt... I own a four Plex,3 duplexes and half a duplex, your videos motivate me to keep going thanks alot!
what city are you in?
Great content. Thank you both!
Glad you enjoyed it! What should we cover in the next video?
@@CanadianRealEstateChannel would love to hear more on 2021 and 2022 market predictions. Townhouse vs single family for rental properties. Thank you!
You guys are awesome! thank you for this useful video it’s make me learn a lot. 👍👍👍
Thanks you so much for this topic!
more Kasey Please!!!
We have more coming over the next month!
please
Had 2 OW tenants, both were delinquent. The rent didn't come directly to me. They screwed me over. I decided to go with a rental agency, Speedy Rental Agency. My tenants are amazing! If you're like me and can't manage all of this on your own, hire a rental agency with a good reputation!
what city are you in>?
I do 600 credit score and higher plus all that is mentioned.
Thanks for sharing! What market are your units in?
Matt McKeever
I do residential duplex’s, in Barrie and Orangeville.
We met about a year ago at ORAC and the landlord conference 👍
I do 625+ and income 3x rent.
Can you make a video on kaseys perspective on how to build a strong real estate portfolio. Especially in 2019.
id like to see that done too
What if after 25 years the tenant doesn't hand you back the keys and you have a tenant paying 30% of market rents that kicks the shit out of your cap rate and your building isn't worth anywhere close to where it could be if it were empty?
New to the channel, great stuff
nice interview.
Holy shit Kasey. I've rented lots and now renting out, but I never thought of or heard of testing the tenant rental reference like that.
Awesome Points!
I LOVE THIS GUY!!!
the real mccoy
Hi Matt, we need more Casey's videos 😊
Enjoying these videos Matt, keep it up!
agree thanks matt
"Your tenants are your business partners"... that's a great mindset.
agree
In canada is illegal to take the SIN # for a landlord. (Result=Dislike)
Great advice!!!
agree
Awesome awesome Kasey! If I ever wanted a mentor to shadow it'd be Kasey.
i imagine thatd be pretty amazing
Lol i love how he says he's gonna talk about tenant selection like 4 times before he actually does :)
Check their income.
thanks like always
yeah thanks matt and Kasey
how do you actually find a tenant who you want to sue after they have left your unit? im in this boat now.
Kasey, I watched a call you did with your wife Jed. You 2 spoke about interest in the assisted living niche. Have you made any acquisitions in that niche?
curious now too
How do I invest with kasey? Love him!
he is the god.
Glad you enjoy the Kasey videos!
GOAT
First!
Close!!!
nice
First
🏆
winner
interesting...treating folks on assistance any differently than those with jobs is 100% illegal in NYC. A landlord would not be able to require anything additional of them if they are not asking that of those with good jobs. Income is a protected class here like race and religion.
interesting how every city has different rules eh
I wish Kasey used Instagram more !
Prime slumlord in action right here. Look at how bad that street is cracked. Maybe if you put some money into it, you would attract better qualified tenants
Dang his plumbers and electricians can get there in 20 minutes? Impressive!
Pays to pay
builda POWER team