This is why I got into real estate investing! When I was a renter I had trouble getting into good housing until someone took a chance on me and it was monumental for my family and I. Now I want to pay it forward!
Hey Latoya Porter, Would you mind helping me out. Im currently looking for a mentor to help me move forward. I have be trying to get a wholesale deal for the last 5-6 months. I haven't had any results. Its frustating but Im not willing to give up. Any body that has been in my shoes and wants to help out, I would really appreciate it.
Some landlords are soooooo greedy, and taking advantage that prices are increasing and they are increasing rents. It is nice to hear that there are some landlords that actually care about their tenants. Many blessings to you!
I just subscribe to your channel, a 65 yr. old grandma. I just brought a duplex and one side we had to totally refurbished. We did tile flooring instead of the laminate. Our tenant now has a brand new apartment. Love to see a young sista living the American dream. I pray for much success!!🙏🏾✌🏾💕
Inflation and Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years...........
You need a Financial Advisor my friend so you don't get ripped off in the market. They provide personalized advice to individuals based on their risk appetite, placing them among the best of the best. There are bad ones, but some with good track records can be very good.
I know I've wanted to start investing for a few months, but just haven't had the courage to start because the market has been down for most of this year. Please how can I reckon with such skills and what are his services like?......
I love that you really take time, effort and money to prepare the houses. Very high quality work as opposed to most landlords who rent out a trash of a house and expect to retain renters. Inspired
Hi Miss. My name is Sarah and I love very much on what you do and I am wondering how do I get to speak with you about my interest in this awesome job you are doing. And I don't want to attach my phone number and so how do contact you?
Right! My cousin rents a house and her land lord is a slum lord! Doesn’t want to do ish to it, and literally refused to get her a new screen door, told her she’d have to buy her own ( because she put one up 2 years ago , one that she had her brother make cheaply 🤨) but then had the nerve to want to raise the rent!
I love how you aim to be a compassionate and reasonable owner. You will be blessed for being fair in your prices, especially these days when so many are struggling to find affordable housing.
Absolutely! Good long term tenants are hard to come by. I'm a long term tenant now retired. My apartment of 17 yrs is no longer peaceful for me because of two residents who are disrespectful w/their music/bass for the past year. And Philly is so regentrified that it's becoming unaffordable in the city even in the hood causing so many people to have to move. But where? If only I had gotten into real estate when I was younger and still working.
Rent is super high these days however sometimes it’s price gauging what you are doing for people is a blessing. Go with your gut feeling. Even if the rent is at a lower price doesn’t mean the tenants will be bad. Those tenants can be amazing and upkeep your property the way you want. Some people just need a little help to better their lives. Your a Blessing to your tenants just know that you are helping families who can be a true gem to you.
I appreciate that this doesn’t have any over-the-top editing or obnoxious music in the background. You showed the home and the process of renovating it, complete with all of the complications associated with it. Great job.
This property is super cute and very well put together - those bathrooms are everything! Its awesome that you are pricing your rent at an affordable price, you are giving someone a great opportunity and helping them to be able to live in a beautiful home without a ridiculous price for rent. Great job!
You are a very eloquent communicator and whether at the office or on the turf I personally enjoy your valuable information. Keep doing what you do. You are doing a phenomenal job and showing growth as you master the craft. 🙏🏼
i'm 57 years old but when I grow up...i'm gonna be just like you...lol....i'm gonna have my property soon...i'm so proud of you and your drive...not matter what keep moving...keep doing...you...success looks good on you...
I absolutely ❤️ how you determine what you will charge for rent. You are relatively new at this, but have already taken a thoughtful stance on how you will run your operation, not being intimidated by opinions. Choosing not to gouge your tenants will serve you well in life. What more can I say, Lili?? Let's GO!!!!
Love it ✨️This is exactly why I live in an RV 🏕 So much easier to connect with nature, save, invest, and happily live a fulfilling + minimal life !! Thanks 😊
I don’t usually comment but I’ve been watching u for almost a year, it inspiring to see where you’ve come and where your are now, thanks to ur contents I’ve learn that real estate investing isn’t scary has it seems and also it okay to make mistakes, really appreciate you posting your up and down on your Journey. Keep it up 👍
It’s my first time seeing you and what you’ve done to your garage conversion! It looks amazing! What a wonderful place for a tenant to live. I wish I had a place just like that. It’s perfect!!! ✅👍🏾
Love it!! You thinking long term and taking your tenants into consideration. That alone will make your tenants loyal and stay at your property for years.
You're an amazing young woman. I love that you're thinking about someone else besides yourself. A tenant is going to appreciate what you did for them and take care of your property ❤️. Good luck in all your future endeavors.
Young Lady you will be successful and sleep well at night. Handle your business the way you handle it. You are a blessing to many. I'll say thank you and I'm not even a tenant. It's refreshing to see a person that actually cares and operates with a conscience and strong moral character.
Lili thanks for sharing...Girl you almost had tears flowing as I listened to your reasons for determining the price for rent. Dig this before we receive a blessing we first must be a blessing. I too had a previous landlord that had five units of 2B/1Bth @ $500 per month here in Central TX. His attitude was to keep quality tenants instead of year in year out renters...Lili as we were preparing our move out our 5'0, 101lbs neighbor cornered/spoken with the owner and expressed a family member economic hardships/tribulations without any inquiries simply by the word of mouth from the aggressive toy pom pom family member gave the green light for moving once we exit...Lili they asked us for the keys as we prepared our departure they informed us of their go-ahead to move in ASAP for they were racing other potential renters who were stalking the Owner with money on the wood with their application.
Lili you are so encouraging. My experience with renting to others has not been a good one but you have encourage me to rethink how I would go about it again. Thank you for doing what you do.
Lil I you are one smart woman, you will not only get better tenants you will get long lasting ones with the attitude you are portraying! I’m an old woman from Canada who just came across your channel and within the first two minutes I wanted more so I subscribed. I am Blessed to have a landlord like yourself who actually cares about giving others a break with everything going on these past few years, you can either choose to be a money mongrel or have compassion and pay it forward! Life isn’t easy for many people and to have an opportunity to live in a nice place free from many dangers out there is a true Blessing and you are that Blessing! Well done young lady!!! Many people are a pay-check away from homelessness and some need the opportunity to breathe….ty for being you….
Thank you, Lili! You’ve made my day. This video is absolutely awesome. Thank you for explaining how you managed the rehab of the house….however, you forgot that you are also the “Designer” 😊, too! And yes, you can get $2,000/ month for it…however, your reasoning at this “time” is sound. The landlord/ tenant experience going forward will help you make adjustments if necessary. Nevertheless, Queen, continue building your economic empire. This old lady is very, very proud of you and I’m happy to ride with you on your journey to owning more than 30 more doors. 👑👏🏾👏🏾👏🏾🤗💃🏾🎉🔑🏠
I am so happy to have stumbled across your channel. I am now a subscriber, and I love going on this journey with you. Property owners like you, my grandfather, and my mother make me so proud to be a REIT and real estate investor. I am now looking into investing in Black farmers and farmers of color too.
Instant subscriber. I'm mad I just found your channel. I love these go-getter straight out the mud vlogs. This is genuine un-cut and not fabricated. Many blessings to you I hope you achieve whatever goals you have set in place.
I just found your channel. I love how you think about how to price your rent. I’m not trying to get rich by taking somebody’s last cent. Also, having tenants that love your property ALMOST as much as you do is important. I lived out of the State and I asked the tenants to take care of the home like it was theirs. Of course, I took care of the important things. I didn’t raise their rent for the first three years they lived in the house and when I raised the rent it wasn’t some crazy amount. Keep that mindset and you’ll go a long way!!!
First time seeing your video. I love these types of videos and what caught my attention was the quality of work and materials you used. Everything was so beautiful. Then I heard you talking about the rent and started smiling. I said "She has a heart and GOD is with her". Keep up the wonderful work, your tenants are blessed to have you. You are beautiful inside and out. Have a great weekend 🤗.
I like both types of videos you do but this vlog was extremely helpful for where I am currently at in the process right now. Thank you. Transparency is something that I think separates you from the rest. Love it, keep it up as you reach new levels. ✊🏿
It’s good to see a young black lady so in control of her business. You’re great at what you do. I just subscribe to your channel. Keep up the good work. Be blessed.
All of your content is perfect. I think the mix of Day In The Life and you at your desk is awesome. I’ve learned so much from you during each type of video you post. Keep up the work Lili! You’re freakin amazing
You are awesome 👏 The other landlords want to basically price fix the rents in “their area” and you are ruining it for them. Stay strong! I sure hope you get quality tenants. Your screening tenants before they get into a property is the key… The renovations look incredible, most landlords justify doing the minimal cleanup/upgrades to get it rented ASAP. Just slap on another coat of paint over everything, half clean the carpet, etc. You are obviously different so kudos to you, keep up the good work!
This vlog was perfect Lili. While I can not speak for any of your other followers, I'd take as many of these types of posts (vlog/teaching) as you're willing to give. 🔥🔥🔥🔥🔥
I’m in investor/contractor, so I love to see these videos where you go to the property and show before and after etc , these are my favorite, more hands on
Lili, I love the site visits. You do a great job all the way around! I'm an old dude and really admire the quality of your work and the great explanations you give. Thanks.
I love the blogs. I'm in the saving phase now and am looking to buy a duplex next year. The informative videos are good for when gathering info and planning out the investment. But now, I find the blogs help me wrap my mind around the entire process.
I just wanted to say I think your properties turned out beautifully, & you've given me some hope of humanity! It's wonderful to see someone caring about others rather than being greedy & cut throat. I just really appreciate you for being decent & giving people a break & respecting them. Just keep doing what you do & know you're a positive force in the world. Don't listen to the noise & haters because you have good sense & integrity. I wish you the best.
This is beautiful. so glad to see you flip a house. It is so nice and affordable, enough space for someone to start a life. Will continue to support you because of the integrity and personality you showcase!
I love seeing it all. This is NOT an easy job. It can be very tedious. It's a mental and physical job. You show that WORK is necessary, regardless of which hat you wear atm. But its worth it for personal reasons and it helps your community
I enjoyed this video. You are very articulate and passionate about what you're doing, and that shows by the work you do and the considerations you make about rentals. You're a breath of fresh air!
Great vlog! I like seeing what goes into owning a duplex. Also, LOVE what you said at the end regarding trying to squeeze an extra 200 out of a renter. I was wondering where you live that the rents are soo low but after your comments, I appreciate your mindset and am happy that you are blessed enough to be able to bless others.
Just discovering you now but LOVE the real-ness and getting to ride along. I especially appreciate you talking about numbers. I'd like to get into property work and believe in my heart that it can be done ethically - to improve neighborhoods, make lovely affordable places for folks to live in a way that isn't predatory, and extract some income for myself and the other skilled workers. I'm inspired by your approach.
This was beautiful! Thank you for walking us through some of your projects and your rational behind why you make certain decisions. Thank you again! Blessings along the journey.
Hi Lili, luv your videos when you go "to" the property and show the work! Your finished unit is gorgeous (I'm feeling the grey tones). I want to say that I admire that you don't go cheap with your bathroom tile and kitchen counters. You even supply the window treatments. I'm sure you know that folks put up the craziest stuff up to windows (like sheets and towels ???). Thank you for all the great content and I will continue to look for more from you!
Love the work on the studio and the house. The studio layout is fantastic and love the size of the bathroom/laundry area too with the barn door, really cool. The house is nicely spaced and love the design of the wet room for shower/bath, really nice touch there.
Great work, Lili Thompson!!! I never knew just how lazy 'I' was, until I watched a couple of YOUR videos!!! You make wholesaling & fix & flips look like they're both (emotionally) fun and rewarding!!! But I've got a quick question for you (and yes I do believe there were some socially-economic presuppositions connected to that rental price suggester; but I also think that he/she was somewhat THREATENED by your progressive thinking and that it clashed with their capitalistic elitism: YOUR on the 'other side' of the proverbial spatula now Lili, so you're going to be a little more sensitive to how "they" get over. It's nice to hear though, that YOU can be one of them, WITHOUT being one of "them". But anyway, here's my quick question: if you were an absolute newbie and were just starting out in real estate (like me): whom would you choose (which name) as a wholesaling mentor and why???...I've got about three or four that I'm thinking about, but I honestly can't decide which guy I'm gonna go with and I'm working on a modest budget for programs and marketing also. Anyway, which TH-cam Wholesaler would you've signed up with If you were just starting out today. I might already be familiar with his work. And would you bother to still get a real estate license, even if you're going to just be doing wholesaling??? RalphyNovotney The BrokeBlackGuru
I think this is completely awesome! You get it & I appreciate it. You are going to be blessed beyond measure for doing what's right & not try to take from ppl while they are trying to make it with the prices where they are. Thank you for being real, and understanding
Lili! I love these ride along vlogs! It’s so helpful and you are my virtual mentor for now!!! I just put my tenant in my first property in March! My plan is to purchase a second property next calendar year! I learn so much from you! Thank you and please keep doing these videos! I’m about to check your video list to see if you made one on the how long it took to finish this project, I remember when you first got this property and how bad the smell was when you went in. THANK YOU!!! You are making this process more fun!
Lili Thompson you are amazing, I really enjoy this Vlog, thank you. I never experience renting a place that's newly renovated place and what your doing is a blessing. I pray you have great Tenant's that good as you are. I wish I have the funds to renovate my single family home as nice as your beautiful Duplex.
You did an amazing job renovating these places. I love your thought process on why you charge rent at the price you do. Your honesty, compassion and respect for others will take you far and success will follow. Keep doing what you feel is right. These rent prices even here in S. FL are CRAZY. People are being taken advantage of in this situation. Rent Does Not need to go up as high as it has the past 2 years. There are laws not allowing "Price Gouging" for food and essential during hurricanes, storms and other emergency situations. The Government, State and local officials need to make a law that rent can't go up more than a certain percent per year....2-3% should be the limit. Rent in Fl has gone up $200-300 or higher since last year. This is Crazy!
I'm very proud of you you are young and you have a mission trust God 🙌🥰 whatever you don't know whatever you feel you need to do pray🙌 about it and God will give you the answers 👍 likes he doing now keep following your dreams🥳
I love the vlog style because I can see the hands on and still learn even better then when you’re just in the office. Thank you so much. I can’t wait for my husband and I to being this journey
Another awesome video! This really helped me narrow down my perspective on my first flip! I was planning to waste so much money! Thanks for the gems Lili 😊
This is the first video of yours that I have watched.....I was blown away. I was a property manager for years, helped a friend rehab houses, and yes, watch some programs on HGTV lol. You broke everything down for people in this video. There are so many people who have a opportunity to acquire rental properties, but are scared to take on the renovation. Finding a GC that you can afford is difficult for first time renovators (as you pointed out). You do an excellent job of explaining how to get the job done. You are the real life example of doing this, not the scripted versions shown on HGTV. My last comment is on setting rent. I feel the same way you do. I took that comment about low rent = undesirable tenants the way you did. As a former property manager, I'm here to tell you.....that is not the case. I've rented units for top dollar, only to have them destroyed by people who thought that because they were paying a lot, they could just do what they want. 90% of my tenants paid a fair price, and took care of the place like it was their own home. I too had people question why I would price my units lower then they priced theirs.....and I would always say the same thing....you can price it at whatever you want, but isn't the idea to get them filled?? I think sometimes a renovator gets too attached to the property, and really doesn't want anyone in there. I had it happen with a guy that wanted me to find him a renter for his old house that he raised his kids in.....he just couldn't stand the thought of other people in his house. I don't know anything about your classroom videos, but I myself enjoy seeing the renovations before and after. I think most people are visual, so these type of videos have the most impact.
You are so cool! I love your onsite vlogs and your sit-down teaching videos. I believe they compliment one another to show us real world rehabs along with how to get there. Keep up the great work!!
I just want to say, I wish you the BEST success in your business. At a time when Big Investors are trying to buy out all the smaller people and struggling businesses, increasing the cost of housing to the point that many elderly and young people can't afford it, we need more of you!!!
I love that the property owner isn't money hungry. Greed is the root of too many problems these days. There are ppl who will appreciate the care put into such a property and will take great care of it . The Reno was beautifully done. I know I would be proud to live there. Bless the owner.
This vlog is the first one I've seen of yours. Great video, and quite inspiring! It was refreshing to hear how orderly you are and the team you created. Thanks for showing your renovation. Tremendous job in overseeing this project! With your energy, self-education, and skills, you will be even more successful than you are now. Hats off to you! :)
wow, I worked on getting my house built, and I can remember the nightmare it was dealing with all the people I had to deal with. I do not know how you do it, but you make it look easy, great video. As much as the building was fun, I am too old to deal with all the nonsense I had to deal with at that time.
Your properties are amazing. Keep up the good work sis. I have a property that I want to sell, but looking at your videos I might keep it for a investment property. I love watching the video, I just came across your channel and I love it. I would love the teaching and watching the process on the property. New subbie!
I love all of your videos! This style is really nice love seeing the before and after videos. I would love to know the specific things you use like cameras and other things! Thank you for all the great content and information 😊❤️
I'm so very proud of you!!! You not only are very business minded and very knowledgeable about your business. And, you have a heart for others and are not trying to take every penny they have. By not charging more, you have made it easier for your tenant to buy groceries or pay off a bill. Thank you for BLESSING others and helping someone survive in this world a little better. God bless you and keep up the good work. Sharon
I like this. It was inspirational. I like how you addressed stuff that most people don't talk about, like the theft of the AC units, needing security for properties that are nearly done so people don't steal your new appliances, and setting the price for rent. Thanks
Very efficiently done. My husband and I would love into doing this. Affordable, space efficient housing is very needed. My husband is a licensed master electrician who does quality work not fast shotty work who works hands on with attention to detail. Love your projects. Great work.
Wow, it's amazing to see the transformation of this into a duplex! You and your team have done such a great job with the renovation. I love how you've maximized the space to create separate areas for living, sleeping, and cooking. It's great to see that you're taking us through both of your projects and giving us a sneak peek before they're rented out. Keep up the good work and can't wait to see more vlogs like this!
I'm a newbie to your channel. You're doing an awesome job! I think the prices are great! When we do right by people That's when our blessings 🙌 begin to overflow. I pray much success for your business in all that you do. And that blessing will chase you down!
I am so happy to hear that there are still landlords with a heart! Times are tough and greed is not the way to go! You and the other landlord who lowered the rents will surely receive blessings ten-fold. You are amazing, love what I saw today in your vlog. First time viewer, subscribed! Wishing you continued success.
This is why I got into real estate investing! When I was a renter I had trouble getting into good housing until someone took a chance on me and it was monumental for my family and I. Now I want to pay it forward!
🥰yes, I am similar. Sometimes ppl just need a chance.
Hey Latoya Porter, Would you mind helping me out. Im currently looking for a mentor to help me move forward. I have be trying to get a wholesale deal for the last 5-6 months. I haven't had any results. Its frustating but Im not willing to give up. Any body that has been in my shoes and wants to help out, I would really appreciate it.
How do u get into it? Every advisor I've ever talked to wants money that I don't have unless I get into real estate is kind of a catch-22
No wrong way to approach it, “owner’s choice”. I can understand both perspectives on this. Great video, I learned a few things from watching.
🙌🏽😎 awesome
Some landlords are soooooo greedy, and taking advantage that prices are increasing and they are increasing rents. It is nice to hear that there are some landlords that actually care about their tenants. Many blessings to you!
I just subscribe to your channel, a 65 yr. old grandma. I just brought a duplex and one side we had to totally refurbished. We did tile flooring instead of the laminate. Our tenant now has a brand new apartment. Love to see a young sista living the American dream. I pray for much success!!🙏🏾✌🏾💕
That's awesome. I plan to do the same 🎉🎉
Me Too, this is Sista Reyes
Congratulations on your new home, I love this 💕
Could we chat how you started and how long you been investing. Congratulations
🙏 ❤️ 💪
I HATE THE WORD YOUNG SISTA WHY NOT YOUNG WOMAN WHICH MEANS AN INTELLIGENT WOMAN AND BLACK
Inflation and Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years...........
You need a Financial Advisor my friend so you don't get ripped off in the market. They provide personalized advice to individuals based on their risk appetite, placing them among the best of the best. There are bad ones, but some with good track records can be very good.
I know I've wanted to start investing for a few months, but just haven't had the courage to start because the market has been down for most of this year. Please how can I reckon with such skills and what are his services like?......
I love that you really take time, effort and money to prepare the houses. Very high quality work as opposed to most landlords who rent out a trash of a house and expect to retain renters. Inspired
Hi Miss.
My name is Sarah and I love very much on what you do and I am wondering how do I get to speak with you about my interest in this awesome job you are doing. And I don't want to attach my phone number and so how do contact you?
Right! My cousin rents a house and her land lord is a slum lord! Doesn’t want to do ish to it, and literally refused to get her a new screen door, told her she’d have to buy her own ( because she put one up 2 years ago , one that she had her brother make cheaply 🤨) but then had the nerve to want to raise the rent!
I love how you aim to be a compassionate and reasonable owner. You will be blessed for being fair in your prices, especially these days when so many are struggling to find affordable housing.
Makes sense. To have it at an affordable price this way your tenants can afford it and quality tenants stay longer
Absolutely! Good long term tenants are hard to come by. I'm a long term tenant now retired. My apartment of 17 yrs is no longer peaceful for me because of two residents who are disrespectful w/their music/bass for the past year. And Philly is so regentrified that it's becoming unaffordable in the city even in the hood causing so many people to have to move. But where? If only I had gotten into real estate when I was younger and still working.
@@yvonnedelories4780 it’s not too late to get into. ❤️
@@yvonnedelories4780 I agree with above comment. It's never to late 👍🏾
How come we dont see BM building something
Yes also they can pay monthly. No matter what may arise
Rent is super high these days however sometimes it’s price gauging what you are doing for people is a blessing. Go with your gut feeling. Even if the rent is at a lower price doesn’t mean the tenants will be bad. Those tenants can be amazing and upkeep your property the way you want. Some people just need a little help to better their lives. Your a Blessing to your tenants just know that you are helping families who can be a true gem to you.
I like watching both video types. The indoor setting is like sitting class, while the site visits are like a field trip to actual real worksites.
👍🏿👍🏿
I appreciate that this doesn’t have any over-the-top editing or obnoxious music in the background. You showed the home and the process of renovating it, complete with all of the complications associated with it. Great job.
Love it all. Love seeing another women doing it and succeeding at it. Thank you for the inspiration
This property is super cute and very well put together - those bathrooms are everything! Its awesome that you are pricing your rent at an affordable price, you are giving someone a great opportunity and helping them to be able to live in a beautiful home without a ridiculous price for rent. Great job!
Flipping genius!
lol I see what you did there
Girl… your priorities are so correct…. Like it that you are thoughtful of someone else rather than profiting in these difficult times.❤️
You are a very eloquent communicator and whether at the office or on the turf I personally enjoy your valuable information. Keep doing what you do. You are doing a phenomenal job and showing growth as you master the craft. 🙏🏼
i'm 57 years old but when I grow up...i'm gonna be just like you...lol....i'm gonna have my property soon...i'm so proud of you and your drive...not matter what keep moving...keep doing...you...success looks good on you...
I absolutely ❤️ how you determine what you will charge for rent. You are relatively new at this, but have already taken a thoughtful stance on how you will run your operation, not being intimidated by opinions. Choosing not to gouge your tenants will serve you well in life. What more can I say, Lili?? Let's GO!!!!
Yes, and it serves others too! Win/win! 🥇
Love it ✨️This is exactly why I live in an RV 🏕 So much easier to connect with nature, save, invest, and happily live a fulfilling + minimal life !! Thanks 😊
I don’t usually comment but I’ve been watching u for almost a year, it inspiring to see where you’ve come and where your are now, thanks to ur contents I’ve learn that real estate investing isn’t scary has it seems and also it okay to make mistakes, really appreciate you posting your up and down on your Journey. Keep it up 👍
How have you started. I also have been watching her. I really truly just don't know the 1st steps.
It’s my first time seeing you and what you’ve done to your garage conversion! It looks amazing! What a wonderful place for a tenant to live. I wish I had a place just like that. It’s perfect!!! ✅👍🏾
I would love to have that place too. What a beautiful job you've done. This is also my first time seeing your channel.
I love when we able to tag along. More please! That home is simply beautiful.
Thank you for looking at the cost of living and how inflation Is hurting people that can't afford outrageous rents. You are a true inspiration. 👍👏😁❤
Your properties are beautiful ! 😍
You do an amazing job !👏🏾 Love the come along, hands on. You are so thoughtful, and thorough. Best wishes to you.
Love it!! You thinking long term and taking your tenants into consideration. That alone will make your tenants loyal and stay at your property for years.
You're an amazing young woman. I love that you're thinking about someone else besides yourself. A tenant is going to appreciate what you did for them and take care of your property ❤️. Good luck in all your future endeavors.
I love the layout of the studio with the hidden area for the bed. And washer and dryer in the large bathroom is great.
Right 👍👏
Young Lady you will be successful and sleep well at night. Handle your business the way you handle it. You are a blessing to many. I'll say thank you and I'm not even a tenant. It's refreshing to see a person that actually cares and operates with a conscience and strong moral character.
Lili thanks for sharing...Girl you almost had tears flowing as I listened to your reasons for determining the price for rent. Dig this before we receive a blessing we first must be a blessing. I too had a previous landlord that had five units of 2B/1Bth @ $500 per month here in Central TX. His attitude was to keep quality tenants instead of year in year out renters...Lili as we were preparing our move out our 5'0, 101lbs neighbor cornered/spoken with the owner and expressed a family member economic hardships/tribulations without any inquiries simply by the word of mouth from the aggressive toy pom pom family member gave the green light for moving once we exit...Lili they asked us for the keys as we prepared our departure they informed us of their go-ahead to move in ASAP for they were racing other potential renters who were stalking the Owner with money on the wood with their application.
Lili you are so encouraging. My experience with renting to others has not been a good one but you have encourage me to rethink how I would go about it again. Thank you for doing what you do.
This is way better than in the office, IMO! This is super motivational
Lil I you are one smart woman, you will not only get better tenants you will get long lasting ones with the attitude you are portraying! I’m an old woman from Canada who just came across your channel and within the first two minutes I wanted more so I subscribed. I am Blessed to have a landlord like yourself who actually cares about giving others a break with everything going on these past few years, you can either choose to be a money mongrel or have compassion and pay it forward! Life isn’t easy for many people and to have an opportunity to live in a nice place free from many dangers out there is a true Blessing and you are that Blessing! Well done young lady!!! Many people are a pay-check away from homelessness and some need the opportunity to breathe….ty for being you….
Thank you, Lili! You’ve made my day. This video is absolutely awesome. Thank you for explaining how you managed the rehab of the house….however, you forgot that you are also the “Designer” 😊, too! And yes, you can get $2,000/ month for it…however, your reasoning at this “time” is sound. The landlord/ tenant experience going forward will help you make adjustments if necessary. Nevertheless, Queen, continue building your economic empire. This old lady is very, very proud of you and I’m happy to ride with you on your journey to owning more than 30 more doors. 👑👏🏾👏🏾👏🏾🤗💃🏾🎉🔑🏠
I am so happy to have stumbled across your channel. I am now a subscriber, and I love going on this journey with you. Property owners like you, my grandfather, and my mother make me so proud to be a REIT and real estate investor. I am now looking into investing in Black farmers and farmers of color too.
Instant subscriber. I'm mad I just found your channel. I love these go-getter straight out the mud vlogs. This is genuine un-cut and not fabricated. Many blessings to you I hope you achieve whatever goals you have set in place.
Much love I appreciate that, hope you’ll stick around
@@Liliinvests most definitely
Me too. First time here and I subscribed 👍🏾
I just found your channel. I love how you think about how to price your rent. I’m not trying to get rich by taking somebody’s last cent. Also, having tenants that love your property ALMOST as much as you do is important. I lived out of the State and I asked the tenants to take care of the home like it was theirs. Of course, I took care of the important things. I didn’t raise their rent for the first three years they lived in the house and when I raised the rent it wasn’t some crazy amount. Keep that mindset and you’ll go a long way!!!
Love that you have a heart to provide affordable housing for people!👏🏾
I aspire to do the same one day.
First time seeing your video. I love these types of videos and what caught my attention was the quality of work and materials you used. Everything was so beautiful. Then I heard you talking about the rent and started smiling. I said "She has a heart and GOD is with her". Keep up the wonderful work, your tenants are blessed to have you. You are beautiful inside and out. Have a great weekend 🤗.
I like both types of videos you do but this vlog was extremely helpful for where I am currently at in the process right now. Thank you. Transparency is something that I think separates you from the rest. Love it, keep it up as you reach new levels. ✊🏿
It’s good to see a young black lady so in control of her business. You’re great at what you do. I just subscribe to your channel. Keep up the good work. Be blessed.
All of your content is perfect. I think the mix of Day In The Life and you at your desk is awesome. I’ve learned so much from you during each type of video you post. Keep up the work Lili! You’re freakin amazing
You are awesome 👏 The other landlords want to basically price fix the rents in “their area” and you are ruining it for them. Stay strong! I sure hope you get quality tenants. Your screening tenants before they get into a property is the key… The renovations look incredible, most landlords justify doing the minimal cleanup/upgrades to get it rented ASAP. Just slap on another coat of paint over everything, half clean the carpet, etc. You are obviously different so kudos to you, keep up the good work!
This vlog was perfect Lili. While I can not speak for any of your other followers, I'd take as many of these types of posts (vlog/teaching) as you're willing to give. 🔥🔥🔥🔥🔥
I’m in investor/contractor, so I love to see these videos where you go to the property and show before and after etc , these are my favorite, more hands on
Good on you to be so thoughtful about the time we're living in and how it is affecting people! Great job on the units too!
Lili, I love the site visits. You do a great job all the way around! I'm an old dude and really admire the quality of your work and the great explanations you give. Thanks.
I love the blogs. I'm in the saving phase now and am looking to buy a duplex next year. The informative videos are good for when gathering info and planning out the investment. But now, I find the blogs help me wrap my mind around the entire process.
I just wanted to say I think your properties turned out beautifully, & you've given me some hope of humanity! It's wonderful to see someone caring about others rather than being greedy & cut throat. I just really appreciate you for being decent & giving people a break & respecting them. Just keep doing what you do & know you're a positive force in the world. Don't listen to the noise & haters because you have good sense & integrity. I wish you the best.
YES!!!! I love this type of blog!!! I am starting my own real estate journey and this was so motivational. Keep them coming
This is beautiful. so glad to see you flip a house. It is so nice and affordable, enough space for someone to start a life. Will continue to support you because of the integrity and personality you showcase!
I like both formats of videos. It's great to see the projects you're working on. The finished out rent house is top notch. Keep up the great work
I love seeing it all. This is NOT an easy job. It can be very tedious. It's a mental and physical job. You show that WORK is necessary, regardless of which hat you wear atm. But its worth it for personal reasons and it helps your community
I love the field trip blogs more than the office ones. I’ve learned so much from you! Thanks Lili ☺️
I enjoyed this video. You are very articulate and passionate about what you're doing, and that shows by the work you do and the considerations you make about rentals. You're a breath of fresh air!
Great vlog! I like seeing what goes into owning a duplex. Also, LOVE what you said at the end regarding trying to squeeze an extra 200 out of a renter. I was wondering where you live that the rents are soo low but after your comments, I appreciate your mindset and am happy that you are blessed enough to be able to bless others.
Just discovering you now but LOVE the real-ness and getting to ride along. I especially appreciate you talking about numbers. I'd like to get into property work and believe in my heart that it can be done ethically - to improve neighborhoods, make lovely affordable places for folks to live in a way that isn't predatory, and extract some income for myself and the other skilled workers. I'm inspired by your approach.
This was beautiful! Thank you for walking us through some of your projects and your rational behind why you make certain decisions. Thank you again! Blessings along the journey.
I love the way you consider tenants and other factors when setting rent. So thoughtful
Hi Lili, luv your videos when you go "to" the property and show the work! Your finished unit is gorgeous (I'm feeling the grey tones). I want to say that I admire that you don't go cheap with your bathroom tile and kitchen counters. You even supply the window treatments. I'm sure you know that folks put up the craziest stuff up to windows (like sheets and towels ???). Thank you for all the great content and I will continue to look for more from you!
I enjoy the blogs and teaching, please continue with both.
I'm so proud of you my sister. Keep up the amazing work.
Love the work on the studio and the house. The studio layout is fantastic and love the size of the bathroom/laundry area too with the barn door, really cool. The house is nicely spaced and love the design of the wet room for shower/bath, really nice touch there.
Great work, Lili Thompson!!! I never knew just how lazy 'I' was, until I watched a couple of YOUR videos!!! You make wholesaling & fix & flips look like they're both (emotionally) fun and rewarding!!! But I've got a quick question for you (and yes I do believe there were some socially-economic presuppositions connected to that rental price suggester; but I also think that he/she was somewhat THREATENED by your progressive thinking and that it clashed with their capitalistic elitism: YOUR on the 'other side' of the proverbial spatula now Lili, so you're going to be a little more sensitive to how "they" get over. It's nice to hear though, that YOU can be one of them, WITHOUT being one of "them".
But anyway, here's my quick question: if you were an absolute newbie and were just starting out in real
estate (like me): whom would you choose (which name) as a wholesaling mentor and why???...I've got about three or four that I'm thinking about, but I honestly can't decide which guy I'm gonna go with and I'm working on a modest budget for programs and marketing also. Anyway, which TH-cam Wholesaler would you've signed up with If you were just starting out today. I might already be familiar with his work. And would you bother to still get a real estate license, even if you're going to just be doing wholesaling???
RalphyNovotney
The BrokeBlackGuru
I think this is completely awesome! You get it & I appreciate it. You are going to be blessed beyond measure for doing what's right & not try to take from ppl while they are trying to make it with the prices where they are. Thank you for being real, and understanding
Lili! I love these ride along vlogs! It’s so helpful and you are my virtual mentor for now!!! I just put my tenant in my first property in March! My plan is to purchase a second property next calendar year! I learn so much from you! Thank you and please keep doing these videos! I’m about to check your video list to see if you made one on the how long it took to finish this project, I remember when you first got this property and how bad the smell was when you went in. THANK YOU!!! You are making this process more fun!
I appreciate the transparency, the tips, and helpful info you share. Continue to educate us. Thank you!
Lili Thompson you are amazing, I really enjoy this Vlog, thank you. I never experience renting a place that's newly renovated place and what your doing is a blessing. I pray you have great Tenant's that good as you are. I wish I have the funds to renovate my single family home as nice as your beautiful Duplex.
You did an amazing job renovating these places. I love your thought process on why you charge rent at the price you do. Your honesty, compassion and respect for others will take you far and success will follow. Keep doing what you feel is right. These rent prices even here in S. FL are CRAZY. People are being taken advantage of in this situation. Rent Does Not need to go up as high as it has the past 2 years. There are laws not allowing "Price Gouging" for food and essential during hurricanes, storms and other emergency situations. The Government, State and local officials need to make a law that rent can't go up more than a certain percent per year....2-3% should be the limit. Rent in Fl has gone up $200-300 or higher since last year. This is Crazy!
Yes I'm in Jacksonville... My one bedroom went up.400 in 2 yrs no upgrades ...
I am extremely proud of you!!! You did it🎉🎉🎉
I'm very proud of you you are young and you have a mission trust God 🙌🥰 whatever you don't know whatever you feel you need to do pray🙌 about it and God will give you the answers 👍 likes he doing now keep following your dreams🥳
Love the field trip, it’s more interesting to see the process & learning all the tips. Great job!
So proud of you my sister give me goosebumps love how you work keep up the good work
I love the vlog style because I can see the hands on and still learn even better then when you’re just in the office. Thank you so much. I can’t wait for my husband and I to being this journey
Another awesome video! This really helped me narrow down my perspective on my first flip! I was planning to waste so much money! Thanks for the gems Lili 😊
This is the first video of yours that I have watched.....I was blown away. I was a property manager for years, helped a friend rehab houses, and yes, watch some programs on HGTV lol. You broke everything down for people in this video. There are so many people who have a opportunity to acquire rental properties, but are scared to take on the renovation. Finding a GC that you can afford is difficult for first time renovators (as you pointed out). You do an excellent job of explaining how to get the job done. You are the real life example of doing this, not the scripted versions shown on HGTV. My last comment is on setting rent. I feel the same way you do. I took that comment about low rent = undesirable tenants the way you did. As a former property manager, I'm here to tell you.....that is not the case. I've rented units for top dollar, only to have them destroyed by people who thought that because they were paying a lot, they could just do what they want. 90% of my tenants paid a fair price, and took care of the place like it was their own home. I too had people question why I would price my units lower then they priced theirs.....and I would always say the same thing....you can price it at whatever you want, but isn't the idea to get them filled?? I think sometimes a renovator gets too attached to the property, and really doesn't want anyone in there. I had it happen with a guy that wanted me to find him a renter for his old house that he raised his kids in.....he just couldn't stand the thought of other people in his house. I don't know anything about your classroom videos, but I myself enjoy seeing the renovations before and after. I think most people are visual, so these type of videos have the most impact.
You are so cool! I love your onsite vlogs and your sit-down teaching videos. I believe they compliment one another to show us real world rehabs along with how to get there. Keep up the great work!!
I just want to say, I wish you the BEST success in your business. At a time when Big Investors are trying to buy out all the smaller people and struggling businesses, increasing the cost of housing to the point that many elderly and young people can't afford it, we need more of you!!!
Go, Lili! Go, Lili!!!! Thanks for giving an outline of your project. I remember when you posted the acquisitions of the subject property!
Honestly so refreshing seeing there's still people out there that care ❤ just subscribed 👍
This was such a “you go girl” moment! Definitely subscribing, this video was so inspirational ✨
I love that the property owner isn't money hungry. Greed is the root of too many problems these days. There are ppl who will appreciate the care put into such a property and will take great care of it . The Reno was beautifully done. I know I would be proud to live there. Bless the owner.
This vlog is the first one I've seen of yours. Great video, and quite inspiring! It was refreshing to hear how orderly you are and the team you created. Thanks for showing your renovation. Tremendous job in overseeing this project! With your energy, self-education, and skills, you will be even more successful than you are now. Hats off to you! :)
just found your channel. love what you are doing. i'm 65 year old woman and am living vicariously through you! God Bless
Very impressive for a young person! Very nice properties and nicely done. Love how knowledgeable you are with this! Awesome job
wow, I worked on getting my house built, and I can remember the nightmare it was dealing with all the people I had to deal with. I do not know how you do it, but you make it look easy, great video. As much as the building was fun, I am too old to deal with all the nonsense I had to deal with at that time.
Your properties are amazing. Keep up the good work sis. I have a property that I want to sell, but looking at your videos I might keep it for a investment property. I love watching the video, I just came across your channel and I love it. I would love the teaching and watching the process on the property. New subbie!
Absolutely love all of your videos, no matter your format, it’s all educational, beneficial and inspiring!
I love all of your videos! This style is really nice love seeing the before and after videos. I would love to know the specific things you use like cameras and other things! Thank you for all the great content and information 😊❤️
I love that you broke down your team too. It helped to really set proper expectations for me! I’ll be buying my first property soon!!
Oh good luck and have fun!
Take us out with you in the field!! I love this hands on experience
You did a great job. The bathroom looks very classy. I love it. Keep up the good work.
I like the vlog and the way you explain everything down to the contractor's! Love your channel❤️
I'm so very proud of you!!! You not only are very business minded and very knowledgeable about your business. And, you have a heart for others and are not trying to take every penny they have. By not charging more, you have made it easier for your tenant to buy groceries or pay off a bill. Thank you for BLESSING others and helping someone survive in this world a little better. God bless you and keep up the good work.
Sharon
Love the vlog this was inspirational to me today as I am beginning my real estate investor’s journey. Thank you for your channel.
I like this. It was inspirational. I like how you addressed stuff that most people don't talk about, like the theft of the AC units, needing security for properties that are nearly done so people don't steal your new appliances, and setting the price for rent. Thanks
Keep it up love the content, you are helping so many people make life changing decisions towards the real estate investment business!!!
You are amazing, Lili. I am so inspired by you.
Very efficiently done. My husband and I would love into doing this. Affordable, space efficient housing is very needed. My husband is a licensed master electrician who does quality work not fast shotty work who works hands on with attention to detail. Love your projects. Great work.
Wow, it's amazing to see the transformation of this into a duplex! You and your team have done such a great job with the renovation. I love how you've maximized the space to create separate areas for living, sleeping, and cooking. It's great to see that you're taking us through both of your projects and giving us a sneak peek before they're rented out. Keep up the good work and can't wait to see more vlogs like this!
I love your videos they are very informative and detailed 😊
Thank you!
I'm a newbie to your channel. You're doing an awesome job! I think the prices are great!
When we do right by people
That's when our blessings 🙌 begin to overflow.
I pray much success for your business in all that you do. And that blessing will chase you down!
Great job! Nice to see someone that is not too greedy. Love the channel.
I am so happy to hear that there are still landlords with a heart! Times are tough and greed is not the way to go! You and the other landlord who lowered the rents will surely receive blessings ten-fold. You are amazing, love what I saw today in your vlog. First time viewer, subscribed! Wishing you continued success.