Thanks Stas. Yeah I don't really mind who's around. More people is an issue for sound. When I go to crowded areas (watch my Times Square video), I have to use the handheld mic. The lav pics up too much.
If you are looking to start investing in multi-family and don't have much equity to start look into the FHA 203K loan. It requires that you live in one of the units but the down payment is really low plus you get funds for repairs.
Guy Harris Hey Guy, I’m also from the U.K. I’m curious what region of the U.K. do you invest in and what sort of properties? Im just trying to have conversation with people already doing what I’m trying to do! Hope you have a great day.
I’ve definitely been interested in learning about these kind of deals. And I kind of really want to run into Kevin when he’s recording haha AND OF COURSE THE ICE CREAM MACHINE IS BROKEN LOL
Kevin, i have the flexibility of moving anywhere in the US. How do I find a 4 plex, buy it with an FHA loan, make sure it's in a safe neighborhood, buy it remotely and then move into one of them?
The good ones sell FAST.... an hour outside raleigh in places like rocky mount you can find some for sale for 60k with tenants but the places look like they could break in the next thunderstorm
Maybe? I run across portfolios of SFH all the time though. If I bought those when they came available I would have way more units now than I do because I am waiting for a good commercial deal.
I get that and you may be able to find those portfolios easier but I'm referring to the way you can increase the value by increasing your NOI. With a single family, you're at the mercy of the market with sales comparison appraisals. Whereas if you can increase your NOI, not only do you increase your cash flow but because it's value is based on the income, the property value goes up as well. This allows you to scale like crazy when you reposition correctly and when you're doing it with massive apartment buildings (100+ units), sky's the limit.
Finding a realtor that invest in general is difficult in my experience. I found like 3/15. 1 doesn't invest in my state, 2 invested accidentally, and the other one has been only doing single family. I can't Imagine how difficult it would be to find a multifamily investor.
@meetkevin . i want to thank you for being so busy and still finding time to making vidz for us. I watch you at stores, cruises and shooting videos in random locations which means you take the hrs out of your busy day to make us informative videos. I like every video I watch to show my gratitude.,
A.w.e.s.o.m.e. content. I've seen plenty of your videos but it is amazing how by watching their content over and over again (be that new or older videos... mostly new ones) topics come up that reinforce my learning. I have also joined your course and I find it fascinating. Love your enthusiasm and passion to help us all who want to participate in real estate. Cheers!
I am considering investing in a car parking lot, Does anyone know a decent/healthy rate of return on this kind of business ? Real estate cash on cash is between 9% and 11%. I ve been looking all over and ain't much literature about that.
Super excited for you to start that journey! It seemed crazy to me when I got my first deal but after doing over 20, it's second nature and really fun now
What’s up Kevin .I’m planning to make inexpensive single family homes put them on the market to increase the value. Owner finance it at a higher interest rate depending on down payment. Lock the tenants in for a longer period of time . Without be having it pay taxes, maintenance, and other tenant cost . My goal is for them to after a couple of years they realize that there paying a little to high on the interest that making the minimal payment they would be paying about 5x more than the actual home value. And then resell them to the next victims .
Meet Kevin Yes.I will find my own sub contractor build the homes , the area that I’m in labor is so cheap considering it’s close to the border to Mexico. Thankfully with the income I am getting already I can be able to do this without loans to start then later on to make more I will be needing just some personal loans rather than mortgage loans
Thanks this is a simple step video. We are looking at buying our first home this year. (Good deal fixer upper). Then repeat. Saving up for your course. Thanks again for all the videos.
Love the videos! so much walking, thanks for taking your viewers all these places :) I even had to pause the video because you made me walk to my fridge for some ice cream lol
This is the video I wanna see because my first step is house hacking thanks Kevin... one question I have is what if you do get with an agent in your area that invests in multi family won’t they be trying to cut you out of a great deal because they understand the commission they gain from you is nowhere near the deal they’re getting to just invest in it themselves and just pass off “fake” good deals to you especially since they know you are “green” when it comes to the real estate game I just think a agent that invests in condos, single family can have useful knowledge and not be your competition either it seems like there’s a conflict of interest correct me if I’m wrong
You'd be surprised how few real estate agents ACTUALLY invest. Don't think they're all competitors -- honestly, 99% probably couldn't afford to compete.
Meet Kevin thanks for the quick reply I will take your advice and screen the agent with a series of questions that I know the answers to to see where their heads at when I spill my investment plans to them
Still so close to pulling the trigger on a 5 unit...2 commercials 3 res at 200k. I’d offer $160k and see what they’ll take. You’ve kinda pushed me more and more to just do it lol
Mark Nichols this is what’s called a mixed use building. It’s very popular right now and can be a great investment. Depending on rents $200k could be a good buy. Good luck.
I am first time home buyer w good fico yet limited income and down payment- I’m looking at multi family as investment opportunities and a way to get a better home to live in
So I am looking to buy my first 4 plex in Nevada, I am approved for the loan & I have awesome credit. However, due to these crazy times do you think it wise to just wait especially since evictions will be rampant in the next few months, COVID 19, Presidential election? ...
i got a question: when exactly would you raise the rent? do you need to wait for the tenants to leave or are you legally allowed to start charging more? doesnt the tenant have a contract that notes how much they have to pay? if my landlord demanded me to pay more eventough i have a contract i would say no
If they have a lease in place you would need to follow that. If they are on month to month then you could give them a notice when you take over. Time frames depend on the area. In my area it is just a 30 day notice.
@@MeetKevin Great info on this one. It's hard to get so much info into one video isn't it? I must have missed the lawsuit with Ramsey. I didn't know you were in one with him. Good luck.
@@MeetKevin That guy really grinds my gears. Doesn't the Bible have some choice words about not suing thy neighbor? Hope all goes well brother. Doesn't seem like he has much of a case, but then again I'm just some rando on the Internet!
People need to wake up and come to terms with the fact that not everything they hear is a fact and indisputable truth. If a man comes forward and calls himself a Christian, does that make it a fact? Throughout my life, I have known people who claim to walk in the path of Christ but whose actions reflect the contrary. One must not assume a self-proclaimed Christian has your best interest.
Sy Guzman I am with you. At least half of the people that are Uber religious I know are some of the worst people I know. Being religious does not make you a good person.
how do you find new properties that hit the market? Zillow? i feel like there are plenty of homes in my neighborhood that dont show up on zillow. Thanks for the vid kevin
Magnets Travel really what countries. I have apartments but all in USA. Always been interested in abroad but it’s risky if I don’t have time to travel. I have looked
Sharma's Karma yes not for you, Stick to what you know. I used to live in Glasgow, Scotland. UK is very good market for real estate even batter then California. My dad from Lahore Pakistan & have Real estates there, mostly from my dad, Real estate is also very expensive there, but collecting rent is not easy if you not there or have good manager. I have sold dads land & brought the money here, next am going to sell commercial properties. My brother also in Glasgow, he just bought 2 apartments from Pak land money near Glasgow university.
0:06 is my favorite part of the video! I'm so getting that monitor ...still not making the jump to Adobe huh, oh and try the bose headphones you'll end up giving those beats to your son....10k more and you can drop the mic
Steven Marx's try a small local bank. If you buy them in your name sometimes you can get better terms. I have several commercial loans that are 20 year amortized and locked for over 10 years as well. Hope that helps.
i like your your energy. i literally haven’t laughed in such a long time and the way you explain things is very positive i feel like you’re the friend i’ve never had. you’re freaking hilarious. also great video! i’m looking for my first investment property.
I was under contract for a duplex and the home owner was fine with the home inspection and termite inspection. When it came to a through stucco inspection including the probing he wouldn’t let us do it. When my fiancé called the seller to ask why he completely freaked out and even cussed at her telling her it’s “as is” and to kiss his ass. Canceled that contract immediately lol. Don’t just take a seller’s word in regards to inspections. Get them done. It became very obvious he was hiding water intrusion behind the exterior stucco and hoping that an uneducated buyer would buy his “turn key” property without doing their due diligence.
I've never heard of a stucco inspection, BUT the seller's reaction speaks volumes. The ONLY people I see freak out like that are the people who cut corners. You probably made the right choice.
Meet Kevin Any home inspector will check for physical damage to stucco and they can even do a thermal imaging scan or use a moisture meter to give their opinion on if they think there is moisture/water behind the stucco wall. This is also what I would do as an insurance adjuster. A certified stucco inspector will do probing to the stucco wall to be able to 100% tell if there has been water intrusion. In order to do this they drill a very small 1/8 hole in the stucco & re patch/paint it. Because it’s an intrusive inspection it requires seller consent which this guy wouldn’t do. While the seller was enraged & even cussed at my fiancé during our phone call he also admitted there’s something behind the wall. I recorded the entire conversation lol. It’s good stuff 👍
Meet Kevin You’re welcome man. Haha you may be right on that! I’m currently in Florida which has a pretty different climate than your market. This particular home was also 1 block from the ocean, 30 years old, & selling for $350K so I thought a thorough stucco inspection was necessary.
I am 20 years old and the best way I see myself getting in is house hacking. I plan on buying a fourplex with an FHA loan and renting out the other four. Live there for a year and then do the same thing again. Great way to grow you wealth and enter real estate investing especially being so young.
I ve been there , I ve done that, actually It was a duplex , Buy something new or remodeled completely, buy low, Right timing is crucial, some say that the Re market is about to crash
@@adambeckstedtinvests9876 Haha good catch, yea rent out the other four! Yea I plan to meet with a real estate lawyer just to double check not only national FHA loan rules but local laws that are in place as well! Thanks for the reply!
@@creativereinvestor Yea I certainly want to buy something with value add potential, so I probably wont be looking at new construction. Yes you are so right about people talking about the RE Market is set for a correction however that just inspires me to look for an even better deal so if a correction comes I can be safe.
Hi, Kevin. Great video. Do you have any insurance policies such as a whole life or IUL, where you can store wealth and keep safe from lawsuits? Just curious if you do or what you think of these? Thanks in advance.
Kevin love your content please keep up the amazing info! I subscribe to your course and I get info from you that noone else has, even uncle GC!
So nicely said!! Thanks so much!!
I love how you’re so comfortable making vids in public like this haha great vid as always!
Thanks Stas. Yeah I don't really mind who's around. More people is an issue for sound. When I go to crowded areas (watch my Times Square video), I have to use the handheld mic. The lav pics up too much.
I can speak from experience, it truly gets easier after a couple videos.
I know
If you are looking to start investing in multi-family and don't have much equity to start look into the FHA 203K loan. It requires that you live in one of the units but the down payment is really low plus you get funds for repairs.
As an agent and investor myself, great video...
Thank you!!
Dude 12:55 MCDONALDS ICE CREAM NEVER WORKS! lol
LOL no kidding!!!
So true!!!
I worked at McDonalds they probably were cleaning the machine. Night time is when they clean it.
Christopher Morreall Kevin is a bit of a nightcrawler having the lady come out and shush him away in his last vid :-)
Tbh
You deserve the success Kevin. The time and effort and knowledge that goes into each film is incredible. Thank you from a UK real estate investor.
Thank you so much Guy!!! appreciate the support!!
Guy Harris Hey Guy, I’m also from the U.K. I’m curious what region of the U.K. do you invest in and what sort of properties? Im just trying to have conversation with people already doing what I’m trying to do! Hope you have a great day.
@@ixskillz Let's connect!
Multi-family investor in Texas here, the UK must be quite the difference. Suddenly people who care about A/Cs care more about heating and parking.
I love the way you edit videos. It's perfect for my ADHD man child brain.
Ah Thank you!!
Agreed, great editing.
love how your videos are you whispering in stores giving financial advice
I like how you walk around a commercial property and switching the cam back to a residential property.
Thanks!
Damn dude, youve really upped your game on the videos you make the past few months. These are gol, Thank you
TY!!!
That guy seemed personally offended that you were going to eat that ice cream outside lol
hahhaha good catch!
Love your personality; it's like, LEARNING AND HAVING FUN AT THE SAME TIME 😂🤣😂
thanks so much jb!!
The intro had me feeling like I was watching a great TV Show great Video kevin !!
TY!!!
Finally, someone coming out and saying you HAVE to have a job, steady income is a must, those gurus will never understand
Am I just here before everyone else? Come on guys step it up!
Love the support!! Notification squad member here!
Dude you have the best energy. I watch one of your vids and get re inspired to keep pushing forward with investing. Thanks for the 🔥content🔥
These are the most valuable videos on youtube. Thanks Kevin.
Thanks Zachary!
Thanks Kevin!!
“That’s kinda like how GC does right?” 😂😂😂
I’ve definitely been interested in learning about these kind of deals. And I kind of really want to run into Kevin when he’s recording haha
AND OF COURSE THE ICE CREAM MACHINE IS BROKEN LOL
hahah it'll happen!!
Kevin, i have the flexibility of moving anywhere in the US. How do I find a 4 plex, buy it with an FHA loan, make sure it's in a safe neighborhood, buy it remotely and then move into one of them?
Great video, principles still apply to today. There is no better thing than buying rental properties.
The good ones sell FAST.... an hour outside raleigh in places like rocky mount you can find some for sale for 60k with tenants but the places look like they could break in the next thunderstorm
For stabilized commercial multi-family you can go as low as 20% down.
Great Video Kevin! Commercial Multi-family (5+ units) is the fastest way to scale 📈
Maybe? I run across portfolios of SFH all the time though. If I bought those when they came available I would have way more units now than I do because I am waiting for a good commercial deal.
I get that and you may be able to find those portfolios easier but I'm referring to the way you can increase the value by increasing your NOI. With a single family, you're at the mercy of the market with sales comparison appraisals. Whereas if you can increase your NOI, not only do you increase your cash flow but because it's value is based on the income, the property value goes up as well. This allows you to scale like crazy when you reposition correctly and when you're doing it with massive apartment buildings (100+ units), sky's the limit.
@@jamesallenrealestate 100% Agree. I just made $300k equity on a reposition.
Wow, congrats man that’s awesome!!
If a property building is around $700,000 usd how much down payment would I need?
Finding a realtor that invest in general is difficult in my experience. I found like 3/15. 1 doesn't invest in my state, 2 invested accidentally, and the other one has been only doing single family. I can't Imagine how difficult it would be to find a multifamily investor.
When I got started on my first deal, I actually joined a real estate club. Look for one in your area! So far I've been able to do over 20 deals.
So many good points made in this video! Kevin's always making real estate investing entertaining.
Agreed! I'm trying to find as many good deals in Texas right now.
@meetkevin . i want to thank you for being so busy and still finding time to making vidz for us. I watch you at stores, cruises and shooting videos in random locations which means you take the hrs out of your busy day to make us informative videos. I like every video I watch to show my gratitude.,
A.w.e.s.o.m.e. content. I've seen plenty of your videos but it is amazing how by watching their content over and over again (be that new or older videos... mostly new ones) topics come up that reinforce my learning. I have also joined your course and I find it fascinating. Love your enthusiasm and passion to help us all who want to participate in real estate. Cheers!
Kevin I can't believe you actually thought the ice cream machine for mcdonalds was actually working haha
rofl
I am considering investing in a car parking lot, Does anyone know a decent/healthy rate of return on this kind of business ?
Real estate cash on cash is between 9% and 11%.
I ve been looking all over and ain't much literature about that.
Meh; hope it's a solid city
Cash on cash with rentals should be 20 to 30 percent
That's interesting, never heard anyone talking about that... You know what, you should video the journey of you doing that!
This is really good info! Thanks 😀
ty!! Anytime!!
This video is full of pure gold nuggets. I was offered money at a shop, but I refused to accept. Just thought you should know
:O
Kevin’s a legend
I’m listening to this video as I check my local market for investment opportunities and drinking my coffee ! I’m I 10x’n ? 🤔😂
Super excited for you to start that journey! It seemed crazy to me when I got my first deal but after doing over 20, it's second nature and really fun now
What’s up Kevin .I’m planning to make inexpensive single family homes put them on the market to increase the value. Owner finance it at a higher interest rate depending on down payment. Lock the tenants in for a longer period of time . Without be having it pay taxes, maintenance, and other tenant cost . My goal is for them to after a couple of years they realize that there paying a little to high on the interest that making the minimal payment they would be paying about 5x more than the actual home value. And then resell them to the next victims .
You are going to build these homes?
Meet Kevin Yes.I will find my own sub contractor build the homes , the area that I’m in labor is so cheap considering it’s close to the border to Mexico. Thankfully with the income I am getting already I can be able to do this without loans to start then later on to make more I will be needing just some personal loans rather than mortgage loans
Okay I will admit. This is a top notch video you have just posted! :)))))))))
Thanks so much Lemontea!!!
Thanks this is a simple step video. We are looking at buying our first home this year. (Good deal fixer upper). Then repeat. Saving up for your course. Thanks again for all the videos.
The next Real Estate Multi Family MOGUL! Tell em Kevin ;)
Love ya Karam!!
@@MeetKevin Likewise :)
It’s kinda hard when you have zero experience of taking care one multi property. Best way is partner who has real experience
Love the videos! so much walking, thanks for taking your viewers all these places :) I even had to pause the video because you made me walk to my fridge for some ice cream lol
This is the video I wanna see because my first step is house hacking thanks Kevin... one question I have is what if you do get with an agent in your area that invests in multi family won’t they be trying to cut you out of a great deal because they understand the commission they gain from you is nowhere near the deal they’re getting to just invest in it themselves and just pass off “fake” good deals to you especially since they know you are “green” when it comes to the real estate game I just think a agent that invests in condos, single family can have useful knowledge and not be your competition either it seems like there’s a conflict of interest correct me if I’m wrong
You'd be surprised how few real estate agents ACTUALLY invest. Don't think they're all competitors -- honestly, 99% probably couldn't afford to compete.
Meet Kevin thanks for the quick reply I will take your advice and screen the agent with a series of questions that I know the answers to to see where their heads at when I spill my investment plans to them
Your thinking with a scarcity mindset when you should be using an abundance mindset. There are so many deals out there.
super helpful
Still so close to pulling the trigger on a 5 unit...2 commercials 3 res at 200k. I’d offer $160k and see what they’ll take. You’ve kinda pushed me more and more to just do it lol
Nice mark!!! Be careful on the commercial tho :P
Meet Kevin why is that? Both are occupied. One is an insurance agency, and other part of the building is a hair salon. 3 units are above them
Mark Nichols this is what’s called a mixed use building. It’s very popular right now and can be a great investment. Depending on rents $200k could be a good buy. Good luck.
Really like the flow of this vid
thanks crypto!!
That Ice cream is so good
Such a greatly timed video Kev. LOVE IT!!! 10X son.
TY!!
Am I the only one that saw a Grant Cardone ad on your video and thought....woah. Lol.
I am first time home buyer w good fico yet limited income and down payment- I’m looking at multi family as investment opportunities and a way to get a better home to live in
Kevin do you own any commercial real estate? What is your take on it?
yes hate it
So I am looking to buy my first 4 plex in Nevada, I am approved for the loan & I have awesome credit. However, due to these crazy times do you think it wise to just wait especially since evictions will be rampant in the next few months, COVID 19, Presidential election? ...
i got a question: when exactly would you raise the rent? do you need to wait for the tenants to leave or are you legally allowed to start charging more? doesnt the tenant have a contract that notes how much they have to pay? if my landlord demanded me to pay more eventough i have a contract i would say no
If they have a lease in place you would need to follow that. If they are on month to month then you could give them a notice when you take over. Time frames depend on the area. In my area it is just a 30 day notice.
It's usually written in the lease contract.
LOUDER!!!
I didn’t realize you invest in multi family? That’s awesome. How many units do you have?
Everything real estate :D And I'll answer after the Dave Ramsey lawsuit ends -- in the mean time, I'm bankrupt :P
@@MeetKevin Great info on this one. It's hard to get so much info into one video isn't it? I must have missed the lawsuit with Ramsey. I didn't know you were in one with him. Good luck.
@@MeetKevin That guy really grinds my gears. Doesn't the Bible have some choice words about not suing thy neighbor? Hope all goes well brother. Doesn't seem like he has much of a case, but then again I'm just some rando on the Internet!
People need to wake up and come to terms with the fact that not everything they hear is a fact and indisputable truth.
If a man comes forward and calls himself a Christian, does that make it a fact? Throughout my life, I have known people who claim to walk in the path of Christ but whose actions reflect the contrary. One must not assume a self-proclaimed Christian has your best interest.
Sy Guzman I am with you. At least half of the people that are Uber religious I know are some of the worst people I know. Being religious does not make you a good person.
Currently 20 planimg gettin my license this year ,plannin on getting property by 22-23 tips please ?
Buy Kevin's course
Read the millionaire real estate investor by gary keller and watch Kevin and graham stephan
@@jgtv6269 ty !
Thanks Jesse and Sy!!
Cant wait to see you hit a milly
you're very very good ! thanks a lot
how do you find new properties that hit the market? Zillow? i feel like there are plenty of homes in my neighborhood that dont show up on zillow. Thanks for the vid kevin
MLS zillow is slow. redfin is okay. realtor.com is okay.
Your channel rocks! Amazing info and it's very well presented!! I'm learning so much. Thanks for sharing! I'm a fan and will keep following!
I wanna do what Grant Cardone does 😂
Cardone has the brand, let's build up our brands 😎
You should make an offer on that macy’s unit. It’s a ghost town! They’re clearly losing $
Yea but how do I start if I don’t have 50k to put down
Very Informative video! Thank you so much!
I cant wait to sign up and take some of your courses.
That's why you have to say "y'all" like we do here in Houston lol it's gender neutral like y'all Californians like to say.
BINGO!
Interesting thing about this video. - there is hardly anyone shopping. Is everyone buying online or is consumer sentiment right down?
Fire video. Made me go out and get an ice cream.
I didn't even realize why all of a sudden I wanted the ice cream in my freezer.
3:31 i was cracking up! Great video Kev!
fyi those wooden escalators are the original(of course refurbished a bit mechanically) from when the macys in NYC opened
WOW nice!! Thanks for the fun fact!
From 1902
Just got 4 plex yesterday, going to take over in March as it’s going to be new built
Magnets Travel that’s awesome. Is this your first one
Sharma's Karma Thanks for comments, yes first one in USA, but I have Real estates abroad.
Magnets Travel really what countries. I have apartments but all in USA. Always been interested in abroad but it’s risky if I don’t have time to travel. I have looked
Sharma's Karma yes not for you, Stick to what you know. I used to live in Glasgow, Scotland. UK is very good market for real estate even batter then California. My dad from Lahore Pakistan & have Real estates there, mostly from my dad, Real estate is also very expensive there, but collecting rent is not easy if you not there or have good manager. I have sold dads land & brought the money here, next am going to sell commercial properties. My brother also in Glasgow, he just bought 2 apartments from Pak land money near Glasgow university.
Great video Kevin!
thanks man!
0:06 is my favorite part of the video! I'm so getting that monitor ...still not making the jump to Adobe huh, oh and try the bose headphones you'll end up giving those beats to your son....10k more and you can drop the mic
hahah thanks man! on all fronts!
Again, how dp you get a fixed loan on investment properties?!
Iv only been able to find 5 year arms.
Please name a bank
Steven Marx's try a small local bank. If you buy them in your name sometimes you can get better terms. I have several commercial loans that are 20 year amortized and locked for over 10 years as well. Hope that helps.
i like your your energy. i literally haven’t laughed in such a long time and the way you explain things is very positive i feel like you’re the friend i’ve never had. you’re freaking hilarious. also great video! i’m looking for my first investment property.
Kevin if I buy the class is there someone I can talk to if I have any questions?
Thanks Kevin, solid video and easy to understand.
Excellent video. Entertaining and very informative
you are so smart!
Such good info. Keep it up Kevin!
Do you have to have the same job for two years or just working for two years?
Same line of work unless you went to college in that line of work
I was under contract for a duplex and the home owner was fine with the home inspection and termite inspection. When it came to a through stucco inspection including the probing he wouldn’t let us do it. When my fiancé called the seller to ask why he completely freaked out and even cussed at her telling her it’s “as is” and to kiss his ass.
Canceled that contract immediately lol.
Don’t just take a seller’s word in regards to inspections. Get them done. It became very obvious he was hiding water intrusion behind the exterior stucco and hoping that an uneducated buyer would buy his “turn key” property without doing their due diligence.
I've never heard of a stucco inspection, BUT the seller's reaction speaks volumes. The ONLY people I see freak out like that are the people who cut corners. You probably made the right choice.
Meet Kevin Any home inspector will check for physical damage to stucco and they can even do a thermal imaging scan or use a moisture meter to give their opinion on if they think there is moisture/water behind the stucco wall. This is also what I would do as an insurance adjuster.
A certified stucco inspector will do probing to the stucco wall to be able to 100% tell if there has been water intrusion. In order to do this they drill a very small 1/8 hole in the stucco & re patch/paint it. Because it’s an intrusive inspection it requires seller consent which this guy wouldn’t do. While the seller was enraged & even cussed at my fiancé during our phone call he also admitted there’s something behind the wall. I recorded the entire conversation lol. It’s good stuff 👍
Incredibly insightful! Thanks John! Which state is this in? Maybe California is too dry to see this LOL
But no doubt: forget that seller. Glad you moved on
Meet Kevin You’re welcome man. Haha you may be right on that! I’m currently in Florida which has a pretty different climate than your market. This particular home was also 1 block from the ocean, 30 years old, & selling for $350K so I thought a thorough stucco inspection was necessary.
Kevin you know a lot about real estate but multifamily isn’t your strong suit. LTV on commercial can be 80:20 for example.
what website do you suggest that gives you the option to pick multi units? Or does that only work if you go through a realtor?
Hey Kevin, the links you're hinting at, aren't showing in the video. I like to watch the other related videos on this you're hinting at.
Oops! Which times? I’ll send you
I am 20 years old and the best way I see myself getting in is house hacking. I plan on buying a fourplex with an FHA loan and renting out the other four. Live there for a year and then do the same thing again. Great way to grow you wealth and enter real estate investing especially being so young.
I ve been there , I ve done that, actually It was a duplex , Buy something new or remodeled completely, buy low, Right timing is crucial, some say that the Re market is about to crash
For sure. I think you meant other 3 ;) You should check with your FHA loans to ensure that you can move out in a year and continue on with it though.
@@adambeckstedtinvests9876 Haha good catch, yea rent out the other four! Yea I plan to meet with a real estate lawyer just to double check not only national FHA loan rules but local laws that are in place as well! Thanks for the reply!
@@creativereinvestor Yea I certainly want to buy something with value add potential, so I probably wont be looking at new construction. Yes you are so right about people talking about the RE Market is set for a correction however that just inspires me to look for an even better deal so if a correction comes I can be safe.
Kevin. I love your videos man.
This was the video I was waiting for! TGIF KEVIN
TY Steps! Hey, steps on real estate :D :D
Kevin, don't you think you should've pursued a career in communications? You would be a great news reporter :)
Chris Invests you realize news reporters lie for a living and don’t make any money right? Kevin is speaking truth and making bank.
Sports Betting Education persona brah
Chris Invests news reporters are the worst. Kevin is above it.
1:19 had me laughing so Hard
Lol
Gotta love the aside
Love your energy! Great info, thanks for sharing
what is the advantage of living in one of the 4plex real estate investment?
5:45 11:37 14:07 15:23 16:50
Hi, Kevin. Great video. Do you have any insurance policies such as a whole life or IUL, where you can store wealth and keep safe from lawsuits? Just curious if you do or what you think of these? Thanks in advance.
clueless honestly on that.
I thought 4 or less was residential? Did they change the rule?
Thanks for the vid/information!
"Option 4, your done, click out of the video" Too funny.
What are your thoughts on investing in other places like Mexico? Sorry if you explain it in your video, I'm at work right now and will watch later.
I like A-B-rated cities. I'm sure you can find those in Mexico too if you live nearby. Invest locally.
I love your content and channel.
Great video Kevin! Closing in on 100k!
you got a lot to learn rookie
What’d I miss
Always down to learn more Kenneth.