Thanks Graham. You really have inspired me in so many way. Im 18 from New Jersey and i have chosen to get into real estate and im very excited becuase i was going to be one of those people that join college because everyone else is going. I just wanted to thank you and let you know that i look up to you because you are my biggest role model
I'd like to provide an example for you to use. I found an absolutely amazing deal in my area here in iowa. I bought a house outright for $20,000 (forclosure, assessed at $75,000) . No, I did not forget a zero. House only needed the carpet cleaned and some paint. I rent it for $700 per month. Im 20 years old. Theres no reason it can't be done.
Graham Stephan An advantage of the midwest! I put an offer in on a duplex, $22,500. Needs about $5,000 in work, but each side currently rents for $600. I have a real estate friend locally who has $4,500,000 worth of properties, but nets $75,000 per month ($20,000 cashflow)
Graham Stephan Still a great return on investment! I appreciate all of the time and effort you put into your videos. You and Dave Ramsey were my inspiration for getting into real estate. Literally changed my life. Thank you.
Preemptive congrats on 100,000 subscribers, and here's to seeing that verified check mark next to your name sometime in the near future. Great video as always!
Graham your so honest and direct. You are a professional teacher. Unlike other, Most people, are so hype and loud. But your video are so well said and organized 😊
19 year old here. Getting my real estate license by the end of the year and I plan to live with my parents like I have been so I can save up, buy a duplex, and househack.
Gerard Antonucci you’re 19 nobody gives a fuck if you live at home Do it as long as you can I’m 21 with a mortgage with 25% down and make a good living (no debt too etc) And I think fuck imagine how much I’d be saving and could invest if I live at home
@@justsomeguywithoutamustach9072 I more than doubled my sales volume from year 1 to year 2. Currently starting year 3 and it's a very slow start. Inventory is almost non existent in my market right now
@@justsomeguywithoutamustach9072 Also, I started a detailing business 1.5 years ago that has taken more priority over real estate. The goal is to keep both businesses but it comes down to finding the balance between them at this point
I just did this in Texas. I bought a lot that has a 3 bed one bath and a 2 bed one bath on the property. I qualified for a grant that payed for my down payment. I bought the property for 100k with 0 of my own money down and instantly nullified all of my living expenses by renting out the bigger house and living in the smaller one.
I LOVE the advice you give about keeping track of your expenses & cutting back! 5 years ago I was an absolute MESS Graham. Bouncing from job to job with no clear direction. I'd spend all my paychecks on booze, cigarettes, random things at stores like Target, Walmart, etc. My mind was in a very dark place, i truly believed money was "evil". Pathetic!! Haha! Now, i'm on a mission to build wealth! I quit smoking cold turkey, cut back on the booze, SAVE my money & invest into my side businesses & passion! Fellow drummer here!! Thank you for everything Graham!!
Well done man! Great work so far! Booze is one of those insane money traps...I'd much rather buy it at the store and pre-game than drop $14 on a drink at some wack bar/club.
Exactly Graham! Not only would i waste $60 at a shitty dive bar or club, but i'd go buy a 6er or a 12 pack afterwards! That's all in the past though, it's time to stay focused & invest properly!! Thanks again ;)
Cutting down your expenses is extremely important as you said Graham! If you can't do that, you will never achieve financial prosperity. I really appreciate all the details that you give us and I collect as much information as I can. Greetings from Greece!
I bought a 240K dollars Apartament and spent another 60K to make it nice for my family. What a shame I haven’t seen your video before. I could’ve add another 200K, but a land, build an apartment building, make the top apartment my own and profit from the land or sales....Huge mistake
Hi Graham! I've been watching your videos since the start of last year😁. I wanted to go study, but took a gap year to work on private yachts in France🌎🛥️. Saved over $15k in 6 months, while traveling the world. Just bought my first apartment in Cape Town and renting it out on airbnb and making $2.5k a month and I'm only 19. Stil not sure if I want to go study😂 Just wanted to give a huge tnx for all your help and insight! ✌️
Graham, this is exactly what I want to do. Live for free so I’m not a wage slave. But can you do a risk analysis of owning so many rental properties? This is the only fear I have which is stopping me from committing fully to the plan.
I LOVE the house hacking concept. I can't believe more people don't do this little trick. You can build such an awesome portfolio by buying multi-family homes and living in it then moving onto the next one.
I can understand why most people don’t do this simply because buying a multi family unit is really expensive! I live in Denver and tbh I have a solid income but I don’t think I would qualify for one simply because it’ll be too much. My goal is to find a duplex I barely qualify for likely. It’ll be hard esp for someone who’s single
Bro i gotta say thank you so much for theses wonderful videos ! The very first time I saw your video where you talked about how you started working when you where in high school etc ..That day wasn't too long ago it was like December 2018 ...AFter that video I decided to do something ..I had a small business that was doing terrible and I was sitting in lots of inventory ,I come up with a brilliant idea and was able to sell almost all of it in January 2019 !! Now I have this money that I will put into my first triplex or duplex in the next couple of weeks ...paid off some credit cards my credit score went up to 705 !! Filed my taxes boom just applied for a loan now waiting on the response from a local lender ...when I go back to that day that very first video I saw I wasn't even dreaming about renting a better apartment ...I thought buying will be impossible especially that I was just starting my import business selling home goods and pottery ...In less than 2 months I am almost about getting my first triplex or duplex !! And I will be living for free !! And will be able to grow my savings much faster in the future !! I still can't believe it this is a miracle ...I am in Fort Lauderdale florida GRAHAM bro you the man !!!! Thank you again
Hey graham ,hope you doing well ,so buying a triplex seems out of reach right now with prices sky high in south Florida at the moment even a duplex is not easy at all most of the ones I can afford (I am only approved for 325k on a fha with rental income of 1400$ /month )..most of the duplexes I can afford are not in good areas ,I started shifting toward just buying a single family to get started in the game but I really don't like that idea . I really wanna stick to the Initial idea of house hacking with multifamily .Any advice at this point ? Thank you sir
It is now 99K!!!! Congrats a head of time. This was another great video. Liked it. Keep up the good job! You motivate (not the one I read in a book but the one that actually pushes me to do something now) me in a good way. Thanks, man.
I'm doing right now in Vegas with my 3bd 2ba Townhouse. I wish I watched this a long time ago but the newest ones were just as educational and your hella cool for being so honest all the time. I'm still going to be a millionaire in a less than a year now!
Congrats on your 100k subs graham! I'm not surprised, your videos are always informative and helpful. Keep up the good work buddy I look forward to your future vids.
It's funny you say "lets say you make one hundred dollars a day, literally make about 125 a day and had no credit and got my stuff in cash. I'm about to get my first secure credit card after watching your building credit videos. Thanks a ton Graham!
Lol. Why is everyone who disagrees with or questions your strategies an "internet troll"?🤔 People watch these kinds of videos to learn and sometimes we need to question new information to make sure it makes sense to us based on our own previous knowledge and lived experience. Who cares about the "trolls" anyway? You're obviously doing great financially and don't need to justify your decisions 💙
Oh snap Graham brought the guns out lol. Love the guidance here. Man I've never heard any real estate agents break numbers down like you, it's crazy. Thanks a ton!
This is definitely something I'll do. I've done a few smaller ones before that I've announced on Instagram/Snapchat, feel free to add me on there and I'll announce one. Just hard to figure out a time to confirm where I know I'll be free.
Stephan, I love your channel and you are an inspiration. I have about $80,000 cash right now and I kind of want to follow in your footsteps. My question is how do you find contractors if you want to make changes, fix or upgrade to the plumbing or electricity of a home, that are trustworthy and for a good price?
Thanks man! Good question...for me, it's been word of mouth. And even now, I've yet to find something I could use for all jobs that I fully trust. I'm still trying to find that. But the best way to avoid getting ripped off is get multiple bids for everything. Meet with 3 contractors. And inspect the job as it goes along. The more you do this, the more you'll learn, the better you'll get. Bring on someone else to help you if you need to, plenty of networking groups out there and I've seen so many people in RE helping each other out!
Hey Graham I love your videos, IF you could talk about options for young adults looking to househack with limited finances? Maybe options like apartments, lofts, etc.
Whats up Graham! Been here since you first started your channel, and although I haven't been commenting a lot just want you to know that you're the only channel I watch consistently! Thanks so much for the informative content and I'll be sure to use it once I get a little older! You seem like a great guy and I wish you the best with whatever else is to come your way! Have a good day buddy :)
Hi Graham ,love your commentary on house hacking. For 11years I have been house hacking and every year giving my self a raise. I have three bedroom Townhouse in Toronto Canada had to make some money after I got divorced.
My wife and I are buying our first home. We’re trying to close at 119k. It has a detached apt with it in the back. We could rent it out for $500/month easily. That’ll drop our mortgage to $700/month all bills paid. Right now we rent our apt for $900/month.
That's awesome that your office is detached from your home! For taxes is having your office detached from the home beneficial? Also what do you to make sure you have a good relationship with your tenants next door? Thanks love you videos!
Just added you to my featured channels. You don't have a custom channel url. You need to update that to make it official. (not that you aren't official)
I plan to house hack one day with a duplex. I will put the other unit up for rent, and make a game out of it. Seeing how long before the tenant realizes I'm their neighbor!
I like this idea very much and I am thinking about doing this. But I have a big quiestion which I appreciate if you can answer. I live in Europe so some of the laws might be diffrent. But if you buy a duplex, that means that you are buying two properties. The reason for that is that each property has its own title deeds. Which means that you are buying two sepparatly properties. And if this is house hacking, it really doesnt make sense. Because if you are going to buy two different property, rent out one of them, to pay down the mortgage, you an easliy just buy two different apartments and do the same. Another quiestion is, how can you find a duplex, threeplex or fourplex for sale? Who is selling all of the properties at the same time?
I know you gave real numbers and real life examples. I'm sorry if you already addressed this (I'm New) but can you make a video saying how you got started exactly. Like for me i'm 19 and interested all i concretely understood on how to house hack is save save save and find property to put a down payment on but like how did you do this. Like what websites to find good property? And how to find out if something is below market and tell if the market will increase soon and if this will be a good investment?What company/bank was a good one to summit a request for a house loan with you 20% down payment? How exactly does one save 20% down payment to enter the arena?
Hi Graham, I could use your help. I am following your videos religiously and I am in the real estate industry as well. I work for a title company in Pittsburgh, PA selling the services to agents and lenders at banks. I talked to a few lenders and they cant seem to pre-qual me because I recently switched over to straight commission for all deals that close in April of this year even though i've been working there for a year and a half and have held a job since I was 16. As you know saving every dollar that you can, not being an idiot with money, and I have been working since I was 16 i've built up some wealth and implemented your advice on investing. I have money in my savings, investments that show I have cash for what may come up.. I cant seem to get a loan based on moving to straight commission. This had to have happened to you being a real estate agent, I live at home and I am 24 and ready to start running numbers to move into my first duplex. I don't know how to get around this 2 year employment thing. Is there anything I can do besides wait a year and a half?
Regarding your most recent duplex. You mentioned that you live in one unit (the one that you remodeled?) and rent the other one. Regarding your rental unit: you mentioned that it is rent control, does that mean that it was occupied when you purchased the property and the renters stayed there? Did you remodel it or that unit has not been remodeled yet and you will do it when current renters move out? Can you increase rent to market price once renters move out? What % a year can rent go up based on rent control laws in LA? Are you worried about buying properties in rent control areas of Los Angeles?
Hey Michael. Yes, the renters were already there and because of rent control, I cannot evict them - and frankly, they're great tenants and I'm happy for them to stay. That unit is not remodeled, but I will be doing that whenever they move, and at that time I can get market rent. If a unit is rent controlled, you can increase the rent 3% annually, and when it's vacant, I can re-rent it at market rents. Not too worried about rent control although you have to be a little more selective in who you pick as a tenant.
I am doing something very similar here in Vancouver Canada (insanely expensive city) and the monthly number is very similar to you. I own a detach house with multi-family unit and renting an unit out. Prior I thought about owning two condos instead but I had the same thought as yours and made the decision to get a detach home instead. By the way, I also had a frugal lifestyle for about 10 years where I only budget to spend $20/day (Canadian dollars) on food and entertainment.
Can you talk about your education, studies, how long it took you to finish a degree, any student loan? Because that can be big disadvantage in real estate career.
Graham did not go to college and he had no student loans. What he did though was to work hard and stay focused. He describes how he got started in one of his earlier videos.
I’m thinking about going into the Air Force when I graduate High school next year. And I plan on saving most of my money. And I was considering going into the nursing field. But I watch your videos and I’ve always had a little gut instinct to go into business when I was young. But real estate seems realy realy interesting. And I worked in retail and did very very Wel with customers, and sales and stuff. This is a lot to think about
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Happy Friday! Feel free to join the Real Estate Facebook group! (ITS FREE!! lol) facebook.com/groups/therealestatemillionairemastermind/
Graham Stephan I’m joining!!
Graham Stephan I smell a 100k subscriber special😏
Thanks Graham. You really have inspired me in so many way. Im 18 from New Jersey and i have chosen to get into real estate and im very excited becuase i was going to be one of those people that join college because everyone else is going. I just wanted to thank you and let you know that i look up to you because you are my biggest role model
Graham Stephan beside the million dollar dinosaur skull and the Lotus
How many Subway sandwiches could you buy if sold all your houses ?
Car hacking: living in your car to minimize housing expenses.
life: new level has been unlocked
night: sleep in the car
morning: "hey, its your uber!"
Not if you have to eat out every meal no way to keep food
but it still makes your car a liability doesnt it
@@MikeCampSucksFatDick Graham's Lotus appreciates in value over time though...dude has it all figured out, I swear
Do a face reveal for 100k
-- Takes off mask -- is actually Tai Lopez --
Graham Stephan Lmfaoooooo
Sebastian Ghiorghiu wait so who is the guy that I’m watching?
He made it to 100k congratulations bro
One year later over a million that's crazy
I'd like to provide an example for you to use. I found an absolutely amazing deal in my area here in iowa. I bought a house outright for $20,000 (forclosure, assessed at $75,000) . No, I did not forget a zero. House only needed the carpet cleaned and some paint. I rent it for $700 per month. Im 20 years old. Theres no reason it can't be done.
That’s such amazing cash flow! Wow!
Graham Stephan
An advantage of the midwest! I put an offer in on a duplex, $22,500. Needs about $5,000 in work, but each side currently rents for $600.
I have a real estate friend locally who has $4,500,000 worth of properties, but nets $75,000 per month ($20,000 cashflow)
That’s absolutely absurd. Wow. Here in LA, $4.5m might get you about $20k net per month on a good day :(
Graham Stephan
Still a great return on investment!
I appreciate all of the time and effort you put into your videos. You and Dave Ramsey were my inspiration for getting into real estate. Literally changed my life. Thank you.
thanks for sharing!
this guys kids are going to be so blessed
Nah theyll probably be super wasteful
@@danan9061 Graham would not let that be
Dana N let me guess, it’s because all rich kids are spoiled brats?
@@justinc2633 guy lives like he's almost on the streets, yet the children remain spoiled?
@@mrepicairfryerenthusiast4982 i was asking that sarcastically... did you even read what i was replying to?
Biggest takeaway from this video: Invest so you can get the $7 subway sandwich
One day we can all be so lucky 🙏🏼 And if you’re really money savvy you can even order avocado!
Yes ROFL
Don’t care
@@KingAdam84 shut up
Preemptive congrats on 100,000 subscribers, and here's to seeing that verified check mark next to your name sometime in the near future. Great video as always!
Thanks so much man! Your Gucci Gang video this week was absolutely hilarious!
@@GrahamStephan been 2 yrs n now at 2.5 mil, very much well deserved!
Graham your so honest and direct. You are a professional teacher. Unlike other, Most people, are so hype and loud. But your video are so well said and organized 😊
19 year old here. Getting my real estate license by the end of the year and I plan to live with my parents like I have been so I can save up, buy a duplex, and househack.
Gerard Antonucci you’re 19 nobody gives a fuck if you live at home
Do it as long as you can
I’m 21 with a mortgage with 25% down and make a good living (no debt too etc)
And I think fuck imagine how much I’d be saving and could invest if I live at home
How are you doing so far?
@@justsomeguywithoutamustach9072 I more than doubled my sales volume from year 1 to year 2. Currently starting year 3 and it's a very slow start. Inventory is almost non existent in my market right now
@@justsomeguywithoutamustach9072 Also, I started a detailing business 1.5 years ago that has taken more priority over real estate. The goal is to keep both businesses but it comes down to finding the balance between them at this point
@@gerardantonucci6786 what state do you work in?
Don’t go to $7 subways sandwiches, it’s a slippery slope that inevitably leads to bankruptcy.
Let's not forget about the other elephant in the room: charging $1.50 for avocado!
Zinsane1 Damn...can’t go with the usual footlongs...gotta go with the 6 inch sub deals lol
theres a promotion they are only 4.99!!!!!!!
What about the $5 footlong?
100k Today!!! These videos are very valuable for us non home owners, so keep them up and keep them simple haha!
We're so close! Looks like it'll happen tomorrow mid afternoon sometime!
1 year later and he is at 541,000 now lol. Exponential growth ftw!
@@nightterror007 4 months after your comment and hes at 1m
Show me the way please.
Now he’s at 2M
I just did this in Texas. I bought a lot that has a 3 bed one bath and a 2 bed one bath on the property. I qualified for a grant that payed for my down payment. I bought the property for 100k with 0 of my own money down and instantly nullified all of my living expenses by renting out the bigger house and living in the smaller one.
How did it go?
What were the requirements
I LOVE the advice you give about keeping track of your expenses & cutting back! 5 years ago I was an absolute MESS Graham. Bouncing from job to job with no clear direction. I'd spend all my paychecks on booze, cigarettes, random things at stores like Target, Walmart, etc. My mind was in a very dark place, i truly believed money was "evil". Pathetic!! Haha! Now, i'm on a mission to build wealth! I quit smoking cold turkey, cut back on the booze, SAVE my money & invest into my side businesses & passion! Fellow drummer here!! Thank you for everything Graham!!
Well done man! Great work so far! Booze is one of those insane money traps...I'd much rather buy it at the store and pre-game than drop $14 on a drink at some wack bar/club.
Exactly Graham! Not only would i waste $60 at a shitty dive bar or club, but i'd go buy a 6er or a 12 pack afterwards! That's all in the past though, it's time to stay focused & invest properly!! Thanks again ;)
Can you do one of these for dummies? I don’t understand most of this lingo. Can you explain how to determine what can be written off?
Google it
but Graham!!😣😣😣
But GRAHAM!! You FORGOT TO MENTION I NEED TO DO WORK!! AND DO MY OWN RESEARCH AS WELL!! *dislikes* *unsubs*
Omg lol 🤣
You're the first notification bell I've ever smashed in my life.
THANKS!!
Cutting down your expenses is extremely important as you said Graham! If you can't do that, you will never achieve financial prosperity. I really appreciate all the details that you give us and I collect as much information as I can.
Greetings from Greece!
I bought a 240K dollars Apartament and spent another 60K to make it nice for my family. What a shame I haven’t seen your video before. I could’ve add another 200K, but a land, build an apartment building, make the top apartment my own and profit from the land or sales....Huge mistake
Daniel Dan live and learn friend, live to try again another day.
Your troll impressions are life
Hahaha thanks man, I've seen my fair share
Hi Graham! I've been watching your videos since the start of last year😁. I wanted to go study, but took a gap year to work on private yachts in France🌎🛥️. Saved over $15k in 6 months, while traveling the world. Just bought my first apartment in Cape Town and renting it out on airbnb and making $2.5k a month and I'm only 19. Stil not sure if I want to go study😂
Just wanted to give a huge tnx for all your help and insight! ✌️
Wow amazing work man!! Keep it up!
Graham, this is exactly what I want to do. Live for free so I’m not a wage slave. But can you do a risk analysis of owning so many rental properties? This is the only fear I have which is stopping me from committing fully to the plan.
Congrats on the 100,000!! Well deserved!
Thank you so much!
I don’t think I would want to live next to my tenants. Some would always be complaining about something. Some people are never happy.
It's a sacrifice to get ahead
I LOVE the house hacking concept. I can't believe more people don't do this little trick. You can build such an awesome portfolio by buying multi-family homes and living in it then moving onto the next one.
I can understand why most people don’t do this simply because buying a multi family unit is really expensive! I live in Denver and tbh I have a solid income but I don’t think I would qualify for one simply because it’ll be too much. My goal is to find a duplex I barely qualify for likely. It’ll be hard esp for someone who’s single
Great video! I love how you've been adding the clips, and memes haha, really entertaining.
Thanks man! Slowly integrating a little more personality in these, was afraid they'd be too bland without it !
agreed. Tickles me every time
Graham Stephan You did this back when you had like 5k subs but then you stop. Glad that you're back being you !!
Very unique way of thinking on the cutting back on "taxes" (the coffee example) when saving money. Never thought of it that way.
Once you see it 😱
Bro i gotta say thank you so much for theses wonderful videos ! The very first time I saw your video where you talked about how you started working when you where in high school etc ..That day wasn't too long ago it was like December 2018 ...AFter that video I decided to do something ..I had a small business that was doing terrible and I was sitting in lots of inventory ,I come up with a brilliant idea and was able to sell almost all of it in January 2019 !! Now I have this money that I will put into my first triplex or duplex in the next couple of weeks ...paid off some credit cards my credit score went up to 705 !! Filed my taxes boom just applied for a loan now waiting on the response from a local lender ...when I go back to that day that very first video I saw I wasn't even dreaming about renting a better apartment ...I thought buying will be impossible especially that I was just starting my import business selling home goods and pottery ...In less than 2 months I am almost about getting my first triplex or duplex !! And I will be living for free !! And will be able to grow my savings much faster in the future !! I still can't believe it this is a miracle ...I am in Fort Lauderdale florida GRAHAM bro you the man !!!! Thank you again
That’s amazing dude!!!! Well done!!
Hey graham ,hope you doing well ,so buying a triplex seems out of reach right now with prices sky high in south Florida at the moment even a duplex is not easy at all most of the ones I can afford (I am only approved for 325k on a fha with rental income of 1400$ /month )..most of the duplexes I can afford are not in good areas ,I started shifting toward just buying a single family to get started in the game but I really don't like that idea . I really wanna stick to the Initial idea of house hacking with multifamily .Any advice at this point ? Thank you sir
Your jokes have improved very much over the years 😂
It's cool that you respond to everybody ✊🏽... I think I've watched all your videos... all I have to do now is just do it..
JUST DO IT!
It is now 99K!!!! Congrats a head of time. This was another great video. Liked it. Keep up the good job! You motivate (not the one I read in a book but the one that actually pushes me to do something now) me in a good way. Thanks, man.
Thanks so much for the support!
Tis information is great! And I love how you pre-address potential troll arguments. Super helpful!
Thanks so much!
Best question I have. Do you leave all of ur money in ur bank account. Should u have multiple? How do u handle ur wealth?
Good advice. Thanks
Thanks for watching!
I'm doing right now in Vegas with my 3bd 2ba Townhouse. I wish I watched this a long time ago but the newest ones were just as educational and your hella cool for being so honest all the time. I'm still going to be a millionaire in a less than a year now!
LIKE SQUAD ON!
THANK YOU SO MUCH FOR THE SUPPORT!
Graham's hair looks so much better now. My guy must have started using something.
Grahammmmm we miss this kind of videos!!!
Congrats on your 100k subs graham! I'm not surprised, your videos are always informative and helpful. Keep up the good work buddy I look forward to your future vids.
Thanks so much Andrew! Really appreciate it!
Graham has been working out, huh? Showing off the biceps 😂👌
Next video: Tank Top
Net tank top and a thong speedo
Go full Borat Style
Haha CONGRATULATIONS! A milestone reached, happy for you!
Thank you so much!! Video gonna be posted on Monday!
this is exactly how I plan to live, once I graduate and start working
Awesome!
It's funny you say "lets say you make one hundred dollars a day, literally make about 125 a day and had no credit and got my stuff in cash. I'm about to get my first secure credit card after watching your building credit videos. Thanks a ton Graham!
Awesome!!
Lol. Why is everyone who disagrees with or questions your strategies an "internet troll"?🤔 People watch these kinds of videos to learn and sometimes we need to question new information to make sure it makes sense to us based on our own previous knowledge and lived experience. Who cares about the "trolls" anyway? You're obviously doing great financially and don't need to justify your decisions 💙
Oh snap Graham brought the guns out lol. Love the guidance here. Man I've never heard any real estate agents break numbers down like you, it's crazy. Thanks a ton!
You got it man! Glad it’s helpful!
He's like 5'5
5:33 "then i saved the best for last.." TAI LOPEZ AD POPS UP!! LMFAO. Good video. 👍
hahaha, no video is complete without that knawledge!
You should have a meet and greet sometime in LA, I'm sure a lot of people (including me) would show up. If you're not too busy of course.
This is definitely something I'll do. I've done a few smaller ones before that I've announced on Instagram/Snapchat, feel free to add me on there and I'll announce one. Just hard to figure out a time to confirm where I know I'll be free.
Graham Stephan Come up here to San Francisco !!
Harrison C I would fly to LA just for that opportunity!
Early congrats on 100k🎉.. your content is undervalued and I can’t wait for what’s to come!!
9:56 was definitely the best part of the video! Liked!
100K SUBS!!!!! Congrats Graham
Thanks so much dude! Video coming out tomorrow on it!
Next video: How i saved $200 by firing my gardener
Don’t care
@@KingAdam84 shut up
HI Graham, can you do a video on FHA Loans and whether or not you believe they are worth it or not??? I would love to hear your thoughts on it.
VA Loans will cover owner occupied housing complexes up to I believe 4 units... for anyone interested.
50 views graham since 500 subs!
Thanks so much for all the support dude! We've come a long way!
Stephan, I love your channel and you are an inspiration. I have about $80,000 cash right now and I kind of want to follow in your footsteps.
My question is how do you find contractors if you want to make changes, fix or upgrade to the plumbing or electricity of a home, that are trustworthy and for a good price?
Thanks man! Good question...for me, it's been word of mouth. And even now, I've yet to find something I could use for all jobs that I fully trust. I'm still trying to find that. But the best way to avoid getting ripped off is get multiple bids for everything. Meet with 3 contractors. And inspect the job as it goes along. The more you do this, the more you'll learn, the better you'll get. Bring on someone else to help you if you need to, plenty of networking groups out there and I've seen so many people in RE helping each other out!
Dude you're awesome, thanks for answering so quickly and honestly!
Hey Graham I love your videos, IF you could talk about options for young adults looking to househack with limited finances? Maybe options like apartments, lofts, etc.
Whats up Graham! Been here since you first started your channel, and although I haven't been commenting a lot just want you to know that you're the only channel I watch consistently! Thanks so much for the informative content and I'll be sure to use it once I get a little older! You seem like a great guy and I wish you the best with whatever else is to come your way! Have a good day buddy :)
THANK YOU SO MUCH! Really means a lot to hear that, happy it's helpful! And I also really appreciate the comment!
Yooo Happy 100k Subscribers. HUGE CONGRATULATIONS
THANKS AARON!! 🙏🏼🥂🎊
Almost at 100k, man. 👊
Can’t wait!
Hi Graham ,love your commentary on house hacking. For 11years I have been house hacking and every year giving my self a raise. I have three bedroom Townhouse in Toronto Canada had to make some money after I got divorced.
Gotta love rent control
So exicited!!! so so close 100,000!!!
CAN'T WAIT! Looks like we're about 24 hours away!
Throwback to when Graham had less than 100k subscribers
do another video on house hacking!! love the real estate videos. being new to the space, your information is incredibly valuable. thank you!
LOL Graham, your ad placement is great. “And the best part is...”
;P
My wife and I are buying our first home. We’re trying to close at 119k. It has a detached apt with it in the back. We could rent it out for $500/month easily. That’ll drop our mortgage to $700/month all bills paid. Right now we rent our apt for $900/month.
That's awesome that your office is detached from your home! For taxes is having your office detached from the home beneficial? Also what do you to make sure you have a good relationship with your tenants next door? Thanks love you videos!
Wow congrats Graham for the 100k! You deserve it
Thanks!!
Congrats on 100k graham well deserved
Thanks so much!!
Long time lurker I am about to buy my 1st home 🏡
Congrats!!
Grahammm almost at 100K!
Love the dinosaur head, but you cut off your desk plate “do epic shit”
I realized that after recording this...don't worry, it'll make a special appearance in the next videos :)
Graham Stephan i’ll have a look out on my notifications! Have a nice weekend!
"now if you can reduce what you spend your money on and also increase your income, you can start saving and investing money" genius
Congrats on hitting 100k! 💯
Thanks so much dude!
ALMOST THERE GRAHAM!!!
WAITING
Grisham your insane man thank you for all this knowledge you give if for free
Great content!
Thanks for sharing your knowledge.
4:54 looks like a nightmare and why I moved out of LA years ago!
Graham been going to the gym geeeeeeeezz
Gotta get dem GAINZ
Thank you! I love your videos.
Just added you to my featured channels. You don't have a custom channel url. You need to update that to make it official. (not that you aren't official)
I have a custom URL! Is th-cam.com/users/GrahamStephan
Good. Don’t know why it pulled the old one then.
i laughed at the subway joke 😂😂
Great info! Thank You!
You got it!
My inner internet troll screaming: But Graham being near downtown LA sucks. Haha
HAHAHA...BUT IT'S GETTING BETTER!! ;)
Congrats on 100k been following since 15k 👍🏼
Thanks so much Max!
Your Jack should take a lesson from how excellent your cut aways are. He is excellent at editing, but these are great cut aways!
I plan to house hack one day with a duplex. I will put the other unit up for rent, and make a game out of it. Seeing how long before the tenant realizes I'm their neighbor!
hi Graham, should I save up the downpayment or pay the downpayment on a monthly basis for 24 months? lets say the DP is 240k
is not bad is all of you are good in the real state world and finance excellent
I like this idea very much and I am thinking about doing this. But I have a big quiestion which I appreciate if you can answer.
I live in Europe so some of the laws might be diffrent. But if you buy a duplex, that means that you are buying two properties. The reason for that is that each property has its own title deeds. Which means that you are buying two sepparatly properties. And if this is house hacking, it really doesnt make sense. Because if you are going to buy two different property, rent out one of them, to pay down the mortgage, you an easliy just buy two different apartments and do the same.
Another quiestion is, how can you find a duplex, threeplex or fourplex for sale? Who is selling all of the properties at the same time?
theirs money go get it its everywhere find passion passion will pay you love the vidio
Yo Mr. Graham you are a genius! I am going to do that. First I need to start saving more, that's one of my goals this year.
Awesome!!
I know you gave real numbers and real life examples. I'm sorry if you already addressed this (I'm New) but can you make a video saying how you got started exactly. Like for me i'm 19 and interested all i concretely understood on how to house hack is save save save and find property to put a down payment on but like how did you do this. Like what websites to find good property? And how to find out if something is below market and tell if the market will increase soon and if this will be a good investment?What company/bank was a good one to summit a request for a house loan with you 20% down payment? How exactly does one save 20% down payment to enter the arena?
Hi Graham, I could use your help. I am following your videos religiously and I am in the real estate industry as well. I work for a title company in Pittsburgh, PA selling the services to agents and lenders at banks. I talked to a few lenders and they cant seem to pre-qual me because I recently switched over to straight commission for all deals that close in April of this year even though i've been working there for a year and a half and have held a job since I was 16.
As you know saving every dollar that you can, not being an idiot with money, and I have been working since I was 16 i've built up some wealth and implemented your advice on investing. I have money in my savings, investments that show I have cash for what may come up.. I cant seem to get a loan based on moving to straight commission.
This had to have happened to you being a real estate agent, I live at home and I am 24 and ready to start running numbers to move into my first duplex. I don't know how to get around this 2 year employment thing.
Is there anything I can do besides wait a year and a half?
Regarding your most recent duplex. You mentioned that you live in one unit (the one that you remodeled?) and rent the other one. Regarding your rental unit: you mentioned that it is rent control, does that mean that it was occupied when you purchased the property and the renters stayed there? Did you remodel it or that unit has not been remodeled yet and you will do it when current renters move out? Can you increase rent to market price once renters move out? What % a year can rent go up based on rent control laws in LA? Are you worried about buying properties in rent control areas of Los Angeles?
Hey Michael. Yes, the renters were already there and because of rent control, I cannot evict them - and frankly, they're great tenants and I'm happy for them to stay. That unit is not remodeled, but I will be doing that whenever they move, and at that time I can get market rent. If a unit is rent controlled, you can increase the rent 3% annually, and when it's vacant, I can re-rent it at market rents. Not too worried about rent control although you have to be a little more selective in who you pick as a tenant.
I am doing something very similar here in Vancouver Canada (insanely expensive city) and the monthly number is very similar to you. I own a detach house with multi-family unit and renting an unit out. Prior I thought about owning two condos instead but I had the same thought as yours and made the decision to get a detach home instead.
By the way, I also had a frugal lifestyle for about 10 years where I only budget to spend $20/day (Canadian dollars) on food and entertainment.
I did this and people called me ridiculous. Then I realized I'm with a wrong group of people. LOL
Can you talk about your education, studies, how long it took you to finish a degree, any student loan?
Because that can be big disadvantage in real estate career.
Graham did not go to college and he had no student loans.
What he did though was to work hard and stay focused.
He describes how he got started in one of his earlier videos.
I’m thinking about going into the Air Force when I graduate High school next year. And I plan on saving most of my money. And I was considering going into the nursing field. But I watch your videos and I’ve always had a little gut instinct to go into business when I was young. But real estate seems realy realy interesting. And I worked in retail and did very very Wel with customers, and sales and stuff. This is a lot to think about
🙌🏼
Do you think something like this is possible in Seattle? The housing market is all kinds of fucked and I feel like it is such a risk.
Nice Vid!
Thank you!
Happy 100k!!
Thanks so much Daniel!