I Turned This Into a Duplex! (Before & After) | VLOG
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- เผยแพร่เมื่อ 23 ส.ค. 2024
- 👀 WATCH THIS NEXT: Why I stopped buying single family real estate (& started playing pickleball!)
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Have you ever wanted to live in a duplex and rent out one side? Or maybe turn a single family into duplex? Or build your own duplex or multifamily?
In today's real estate vlog I show you one of the conversions I did to do just that!
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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
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
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 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.
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!
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 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.
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.
👍🏿👍🏿
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!
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 😊
Flipping genius!
lol I see what you did there
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.
Girl… your priorities are so correct…. Like it that you are thoughtful of someone else rather than profiting in these difficult times.❤️
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.
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 love when we able to tag along. More please! That home is simply beautiful.
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.
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. 👍👏😁❤
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! 🥇
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.
Love the breakdown Lili. I've gradually built my finance and made my first $100k through investing as a single mother juggling work and nursing school, and with what I’ve learned investing, given enough time, solid investments have the potential to double the initial principal amount, but many investors are instead attracted to the lure of high yields in short periods of time despite the possibility of unattractive losses before even getting out. So the onus is on newbies to beware.
What ways would you recommend to someone who has no experience whatsoever and looking to make some money investing?
@@bernadshrimp186 As long as you diversify your portfolio, any single stock that you own shouldn’t have too much of an impact on your overall return. If it does, buying individual stocks might not be the right choice for you, as you can also try out the Roth IRA or I series bonds. Even index funds will fluctuate, so you can’t get rid of all of your risk, try how you might. With guidance, these are achievable. Levi Clemans, a pro Fiduciary oversees my portfolio. You can look him up online, and connect him.
@@Ferocious923 Thank you for this tip. it was easy to find your coach. Did my due diligence on him before scheduling a chat with him. Also, brilliant résumé I must say! Got started right away!
Another gem about is that successful investment is never about being right. It's about doing thee right thing and sticking to "YOUR" plans and strategies. That's what smart investors do.
I have not written this sort of comment before but I feel compelled to. Just wanted to let you know that you’re doing a great job Clemans. You have made a difference in my understanding of the stock market.
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 love the layout of the studio with the hidden area for the bed. And washer and dryer in the large bathroom is great.
Right 👍👏
This is way better than in the office, IMO! This is super motivational
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….
Love that you have a heart to provide affordable housing for people!👏🏾
I aspire to do the same one day.
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!!!
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.
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. 👑👏🏾👏🏾👏🏾🤗💃🏾🎉🔑🏠
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.
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!
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.
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. ✊🏿
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
Honestly so refreshing seeing there's still people out there that care ❤ just subscribed 👍
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
YES!!!! I love this type of blog!!! I am starting my own real estate journey and this was so motivational. Keep them coming
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
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 the field trip blogs more than the office ones. I’ve learned so much from you! Thanks Lili ☺️
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 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.
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!
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 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!
I appreciate the transparency, the tips, and helpful info you share. Continue to educate us. Thank you!
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.
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.
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🥳
I'm so proud of you my sister. Keep up the amazing work.
I enjoy the blogs and teaching, please continue with both.
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!
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.
Absolutely love all of your videos, no matter your format, it’s all educational, beneficial and inspiring!
Love the field trip, it’s more interesting to see the process & learning all the tips. Great job!
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
So proud of you my sister give me goosebumps love how you work keep up the good work
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! :)
I love the way you consider tenants and other factors when setting rent. So thoughtful
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.
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 😊
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.
Good info queen!! I thought of also cutting costs by doing the easy stuff .. vinyl flooring is super easy to learn & im excited to get started 🙌🏾🙌🏾🥹 bout to binge your videos
Go, Lili! Go, Lili!!!! Thanks for giving an outline of your project. I remember when you posted the acquisitions of the subject property!
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!!
Very impressive for a young person! Very nice properties and nicely done. Love how knowledgeable you are with this! Awesome job
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 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 😊❤️
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 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
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
This was such a “you go girl” moment! Definitely subscribing, this video was so inspirational ✨
Take us out with you in the field!! I love this hands on experience
This is my first video of yours! Can’t wait to watch more. I love being onsite with you hearing how you do things!!! The properties are beautiful.
One suggestion- on the islands, put the outlets closer to the top 😍
You go girl this is what I've been wanting to do for years bc I can do all the work just don't know how to start with no money
I like the vlog and the way you explain everything down to the contractor's! Love your channel❤️
Keep it up love the content, you are helping so many people make life changing decisions towards the real estate investment business!!!
I loved your comments about setting your rental rate not based only on getting the highest rate you can. I think some of the folks that objected to your low rate were landlords that didn’t want to be in competition with your lower rates. Being a fair minded landlord will earn you the respect of the renters which will, in turn, assist in getting better treatment of the rental property. You did good.
just found your channel. love what you are doing. i'm 65 year old woman and am living vicariously through you! God Bless
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.
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 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.
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.
I love your videos they are very informative and detailed 😊
Thank you!
Great job! Nice to see someone that is not too greedy. Love the channel.
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!!!
The important thing is getting a good renter. I rented for 8yrs and had the best landlord. I rented at $400 a month 4yrs later he raised it to $50. I was able to save money and buy my own place. The month I was moving, the landlord sent everyone $100. I offered to give it back, he said keep it you were a good tenent.
You've done an amazing job with that conversion.
I love all of the videos that you put out! Great work! Continued blessings and success to you young lady!
Congrats! Good to see ‘me’ too, very nice. That back unit & with that wide driveway (viewed because of your truck ladder (excellent workaround) was great. When I saw inside and took that first step up you made into the kitchen/back area, it clear it wasn’t gonna be a universally accessible spot (cute boots) for a college student/single person using a wheelchair.
Folks, please keep those users-renters/buyers in mind whenever easily and/or reasonably possible. There are independent disabled, working single adults and college students out there seeking nice places to live, otherwise it would have been a perfect spot for one.
Thanks and keep up the great work and loved your reasoning behind pricing. My family does the same and for the same reason.
Also shows just because of you sharing your pricing thought pattern, you’ve made a huge difference in some landlords and renters lives. You are doing so much more than building wealth ‘remodeling & renting’ homes - you’re changing others lives as well.
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!