Which Rental Property Should You Buy First? | Real Estate Investing
ฝัง
- เผยแพร่เมื่อ 30 ก.ย. 2024
- This video was made to help new real estate investors know where to start and what property to buy first.
Chandler David Smith has been investing in real estate for the last 7+ years. He currently owns 99 units of rental real estate and cashflows hundreds of thousands of dollars each year. He created this channel to help other new and experienced investors build their own real estate portfolio and a huge cash flow that comes with it. In this video, Chandler breaks down what he would buy first if he had to do it all over again. He helps new investors understand the pros and cons of living in their first investment property. This video will help you to know what your options are and which path will be best for building your real estate portfolio and cash flow the quickest.
#realestateinvesting #rentalproperty #realestateinvestingforbeginners
Check out my new Real Estate Investing Course
www.chandlerda...
Want to learn more about getting pre-approved for a home loan? Check out this video!
• HOW TO GET APPROVED FO...
To learn more about a job opportunity doing door to door sales with Chandler, go to:
www.elitesummersales.com/
If you're interested o learn more about real estate investing, and you'd like to start a one-on-one mentorship go to:
www.chandlerda...
Check out some other videos if you want to learn more about investing in real estate, building a huge passive income, or preparing for your own future home.
Want to see all of Chandler's real estate deals?
Real Estate Portfolio
• Real Estate Portfolio
What is a Good Deal?
• What is a Good Deal? |...
Follow Chandler
INSTAGRAM
/ chandlerdavidsmith
Facebook
/ chandler.smith.73
What are you going to buy first?
My budget is $500, so a box
Edit: 5 boxes
Henry Collins you can make a dolls mansion with those boxes 😹😹
Chandler Do you have partners ?
A porsche
Buying a duplex with my wife next month to house hack!🙌
OMG!! This transformations is absolutely amazing!! I newly started Bitcoin trade and I've been making losses but recently I see a lot of people earning from it. Please can someone tell me what I'm doing wrong
Why are you trading on yourself, do you love making loses, if you keep trading on yourselves you will never benefit from it
Trading on your own
Is't good, Actually it's not all about watching several tutorial videos that cost your time on a strate...
The most common mistake I see newbie make is rushing into trading without seeking for a legit guidance.
That's is true, you need an expect broker and professional trader to handle your trading and make good profits from your Bitcoin trade.
@@wilderjoaquin44 How can someone know a professional acct manager that is trustworthy and legit they are hard to find this period
I can’t stop thinking about the irony and insanity of Elon Musk becoming the richest person in the world why they individual who has spent $20billon.
And he currently Invest in Cyptocurrency.
No amount of money can certify Elon Musk. I’ll say he needed more that’s why he is investing on Bitcoins. Investing over 1.5 billion dollars.
He invested in Bitcoin because he is aware of the profit he would make.
@Tanimu Fatima My advice for everyone right now is to invest into the market 💲💲as it more profitable.
I wanted to trade crypto but got confused with the fluctuations of price
I have always been fascinated by investing, but without adequate knowledge on the right thing to do, I find it difficult to start. *I politely ask, what’s the best sector to invest in?*
It is entirely possible for a smart and patient investor to go into investing with the right information. One of the best ways to get started is to get help from an experienced Financial Consultant . I've been investing since *2015* and I'm extremely happy with the returns I get working with my investment advisor; * Hamilton Phoebe Zoe*
@@miacordelia6367 I am very interested in this information and I've some money sitting idly in the bank with that I can start investing without further delaying, If you don't mind How can I get in touch with your professional?
@@paolokoch1123 As to get more details about my Investment Professional; *Hamilton Phoebe Zoe* easily do quick internet research where you can easily write her from, do your research with her full names mentioned.
I'm delighted to engage in this opportunity, I just found the professional's web page and have already written to her 👍
I'm glad I stumbled upon this. My wife and I works with Phoebe. Before now, we spent more and saved less. Phoebe changed that mindset and gave us a way to generate money investing in the financial market. Working with Phoebe, opened our eyes to a lot of investment opportunities, which in turn, helped us become less dependent of our earned income.
I have 100 thousands in my portfolio and over 50 grand in my saving can I start with a quadrudlex with Uber and Lyft as income?
Greetings from Houston , i have been able to build a good income by trading during the Pandemic till date with the Help of an expert advisor i met in a Tesla conference where Elon was present
Who is this advisor ?
@@ashwinaditi1039 Yes they do actually , I am a Nurse I started using a financial advisor last year, my total portfolio then was worth around $48K and is now currently over $110k with the latest Tesla bull and other trading assets
@@adamweah8037 Helen Howard Pratea is the advisor who mentors me you can get in touch with her and book an appointment with her from her website, by looking her full name up on the web .
chandler you are the man !! i love your videos, i am selling two mobile homes next week and they are using me as the bank so i am getting 25k down and 1150 a month for 10yrs plus i have a landscape business, no wife and my kids are grown so its just me and my dog and i am now looking for 4 plex or less so i can house hack for the next few years.. keep up the videos man i absolutly think your awesome !!!!
You’re killing it! Thanks!
I’m not gonna lie trading with Mr Michael Puma have really help me a lot. with his strategy and predictions are so accurate that I made $50k on my previous trades, Reach him for help on the email above my comments, I recommend him for newbies and for anyone seeking for help in trading.
Tools of Titans is taunting me on your bookshelf. One day. Tribe of Mentors as well.
Awesome books. Recommend them both!
Both of them are awesome!
I was thinking the same thing, I just finished Never split the difference by Chris Voss, Great book in my opinion.
Another option if you can't live in the property and want to put as low as 5% you can do the Fannie Mae Family Opportunity Mortgage and buy a duplex for an elderly parent and it would be considered 'owner occupied.' Would love to see you do a video on this example as this is something I'm considering.
Mrs Anna is legit and her method works like magic I keep on earning every single week with her new strategy
Who's this professional everyone is talking about I always see her post on top comment on every TH-cam video I watched
I think I'm interested how can I get in touch with Mrs Anna
A friend that I referred to her just received $7,050 profit after 10 days of investing....I became jealous.. lol
expert mrs Anna has been managing my trade for months and I keep making profit every week,made $9,130 last week
You can reach her via WhatsApp.👇
Oh sure ±➀➄➀➇➂➀⓪➁➁➁➂🇺🇸
Investment is the way forward and the way up.
Till this moment, human beings fail to understand the actual difference between the rich and the poor.
The rich invest while the poor save. An investment made today will definitely be a life changing one in the nearest future.
Hey Vanessa, you're right. The best idea about money is; make it, invest most of it and manage whatever remains, expecting huge returns in the nearest future.
I agree with you guys, investment is the best idea. But I don't think that investing in real estate is nice idea, investing in Bitcoin should be a better option
Hi Gabriela, why do say so?
I have been living in a 2 bedroom rented apt in Ny & the rent is $ 2800 monthly. So now I am planning to buy a 4 bedroom single family home in Newjersey. So how much of a down payment is good for a house costing about $ 450,000. Be a I don’t have much down payment.
20 percent is usually the recommended down payment. So that would be $90,000 but if you don’t have 20 percent there’s private mortgage insurance which usually isn’t too much money.
What you invest in should depend on what your end goals are!
True!
Ok so let's say I apply for the first time buyer loan which would give me about 3.5% as down payment. Do I HAVE to live at the property? Or can I just say for example if I still live at my parents house and plan on still being there and just said on the application or where ever that I was going to move in the property just to take advantage of the 3.5% but I end up just renting it out of tenant's and continue to live with my parent's will that work? And also for that application for the loan, Do I need the 2 year work history because I don't have that.
Im in texas. There is NOTHING that returns 15% cash on cash return. Finding a 4plex using FHA, putting 5% down, you will NOT cashflow. Its crazy how this vid is only about 3 yrs old and is essentially irrelevant already
When it comes to investing, what’s your say to anyone with over *100K $* looking for the best ways to invest it and as well make good earnings off it?
I’ve always been fascinated with investing and I need to start now. Could you possibly give more information about the lnvestment Professional and how I can reach out?
There’s no limitation to what we can achieve if you put your mind to it. You can do it.
Most successful people seek the knowledge and experience of Professionals who help them tackle issues relating to wealth management and growth but might claim to achieve success themselves without any help.
24 yrs old and currently only have $25,000 to put down but I’m great at saving money wanted to move out but I want to buy a house to rent out and buy my personal later on in a couple years. If possible I’m trying to get a house each year even if it’s small. Currently in LLC with some friends flipping houses currently but I want to do my own thing as well on the side. Should I look at a single family to rent out ? Duplex I was thinking as well from your previous video and how much should I put down I’m stuck. And do you have a email for consultations I need some help haha love the videos keep them going
I’d love to help! Go to my website to schedule a mentoring call
Id call a realtor, different markets are doing different things. If you need help getting referred to a good agent let me know (FREE)
First off
25K down finance the rest 🤔
Know that your loan will require you to be a live in owner.
If banks know your an investor, your down payment goes up, your PMI goes up.
Try looking at a 2-4 Plex still falls in a Fanny May loan.
Just make sure you know how to professionally manager them.
His statement is sound, except for the low down to leverage the property. Many have lost everything leveraging, Google Carlton Sheets and the many who was over leveraged.
Great vid.
I live in the Bay Area, where property is STUPID expensive and duplexes are rare, and even a single-family home is nearly impossible with my budget.
Would it make sense to get a 2-bed condo for$500K-$700K? Then I could live in one room and rent out the other. I would have to share the space with my tenant, which may be annoying, but the numbers make sense to me.
Any thoughts on Bay Area real estate?
Looking to buy my first duplex/ triplex if the numbers make sense.
Sweet! Congrats!
Big problems with this video.
1. Cross referencing single family with multiplex. Taxes, insurance and no LLC as part of your business plan is a disaster.
I downloaded the excel speadsheet used in many of the videos. The spreadsheet is full of errors, inflating the numbers. For example: Property taxes paid is added as a income and not as expense. Please fix.
Just bought my first single family. 35% under market(off market deal through a connection I built) . 25% down. Great area. Currently a tenant is in there, out in a month or two plan on putting 12-14k into it expecting to find other things thatll bump it to 18-20k which is fine. Then will move in and should be ready for another 25% down on the next one, next year! Love the channel, app rocks too.
Yes!!
I’m not gonna lie trading with Mr Michael Puma have really help me a lot. with his strategy and predictions are so accurate that I made $50k on my previous trades, Reach him for help on the email above my comments, I recommend him for newbies and for anyone seeking for help in trading.
How did it go?
@@karmasutra4774 Good I ended up spending 38k on the remodel. With total purchase price and remodels and what it is worth today im up 140k. Market softens and drops 25% ill be up 100k. Looking for a bigger home if a deal arises. Did a cash out refi have 18k left invested in the house of my own money. 3% rate. When we get our next house we will be making 30-35% cash on cash for cash flow + equity paydown when it’s rented. Thanks for replying was nice to look back and reflect!
@@crileymane Hello, have you put any % down on a new property?
Duplex first! Live in it, flip it. Rinse and repeat! Great video!
15% cash on cash return on 25% down doesn't exist in Southern California. Should that be a deal breaker on investing in real estate here?
So this will be far in the future but when you house is done being built, can you post a video of a game in the basketball court
Yes! 🤑😍
pro-tip: Set the video to 1.25 speed
Yes!
1.5 is good too
I ❤️ U
1.75 over here 😂😂
Oh please it's not that slow
How and where to find private money lender that would like to be on 2nd position of your mortgage? No friend family to borrow from.
Cash on cash return happens monthly or annually?
Greetings from Houston , i have been able to build a good income by trading during the Pandemic till date with the Help of an expert advisor i met in a Tesla conference where Elon was present
Who is this advisor ?
@@ashwinaditi1039 Yes they do actually , I am a Nurse I started using a financial advisor last year, my total portfolio then was worth around $48K and is now currently over $110k with the latest Tesla bull and other trading assets
@@adamweah8037 Helen Howard Pratea is the advisor who mentors me you can get in touch with her and book an appointment with her from her website, by looking her full name up on the web .
I feel like you should apply to be on The Graham Stephan Show. Not only would Graham appreciate the convo with you, but it could be an effective method to growing your channel further
yas they'd have so much fun chatting!
Chandler. Have you ever considered purchasing a motel and making it into long term rentals?
Not specifically, but that’s a good thought!
I'm sure you know this. The price per unit is really cheap and tempting. I'm considering one however, the size of the units is a little worrisome. What are your thoughts on studio units?
@@joshrachelson7206 I'd tear down some walls and make as 2 bedroom units as you could squeeze in.
@@joshrachelson7206 for long term tenants you're going to really struggle with only studios. This would lead to potentially high vacancy rates and high turnover which are very expensive. Having a few as studios might work but in my experience you'll want at least some variety. I do like having a few studios as it really helps round out my offerings
@@mattcram3782 that's a smart idea
Great idea is to contact a local realtor that has experience with homes in the area you want to invest in. Have them give you their feedback, we will do it for FREE! Great video for those trying to get into real estate.
Great advice!
*Wait not such a great advice*
Look for agents that work with only investor and know their needs.
Ask them: what is a 1034? & How do I use it.
Kinda confusing. You mentioned to get atleast 15% COC then after you followed up with saying to target 30-40%🧐
Hi Chandler.
I am currently checking what property i should buy.
So your video came to a perfect time. Thanks for that. :)
Cheers
Jannis
So glad I could help! Congrats!
@@ChandlerDavidSmith :)
Can you make a video about why you don’t invest in commercial properties
I think it’s mostly because of the way loans are set up, but he does have stake in a law firm building
It is completely different from residential property. If you find the right tenants you could be set for life but they will sit empty for years costing you lots of money in costs. Do research before doing commercial property as I know several guys in that arena and half are losing their asses and can’t even sell their properties
Bro you asked this to him on his last few videos and he responded that he has some videos on that already and that he would think about making another 😂
Did you see the vid he did at a vacant mall in Houston? 😢
Can you please do a video discussing debt to income with real estate, as in being able to get loans etc...?? Thanks.
What do you do, when you buy a 4-plex on fha but all 4 units are occupied?
Came from thestradmans channel, stuck around for the real estate advice. Keep it up bro
Awesome! Thanks!
I think the easiest thing to do is buy a single family home and renting out a bedroom or two, especially if you are in your twenties.
That's what I did. Then later on I got a home equity line of credit and bought another home. Then kept doing it.
@@MoromoMusic This is inspiring
@@MoromoMusic i was going to do the same but I dont want to share a place wity anyone anymore. It s good when you are young but when you get older you need your own space
I'm living in a situation like that now. 5 bed house. 3 adults (+35yrs). It's very comfortable, and each of us is saving a ton of money. The garage is outfitted as a 2nd living room, carpeted with a refrigerator, two TVs and couches, so when someone has company they arent disturbing the house.
Always Huge Energy at the Start :-)
Thanks 👍
Is there anyway I can use a family member to co-sign and get 3.5% down?
Great Video Chandler I would love to do an interview with you! Good luck on your new house I am building mine to!
The sooner that you can replace your landlord is the better. If that means you can get a duplex that’s awesome but if not don’t wait until you can buy a 600K home you can settle for a small condo
Hit like. Subscribe. Comment below of other questions you have about investing in real estate.
Love it!!
My first property was one with a studio apartment in a separate building on the property. Turned it in to an Airbnb and it has done amazing!
I was thinking about getting a condo 2 bd 1 bath and do the same.
@@876Millz That's awesome! I would suggest it if you have the ability and the rental demand. It has been such a blessing in my life to have the Airbnb to start investing in real estate.
Let me know if you have any questions on starting an Airbnb, I'd be happy to help!
Doesn't lower down-payment mean higher mortgage payments?
Yes. He doesn’t care because he can afford to pay those monthlys. He also doesn’t explain that you need a decent job and not be in so much debt.
Hey Chandler! Could you make a video on estimating costs to make rent ready? I'm having trouble figuring out how to correctly estimate repairs in some of the properties I'm looking at. Great content as always, thank you so much!!
Become a remodeling contractor! Then you’ll know. Otherwise, you should be smart and stick to ready-made homes with no issues
YOU DON'T BUY APARTMENTS....YOU BUY CASH FLOW WITH APARTMENT INCOME.
It's all about cash flow....no flow....DON'T BUY IT !!!!
Chandler how many rooms, bathrooms etc is in a "plex"? Is a "Plex" a unit? I don't even know what the inside to a 4 plex looks like. Would a 4 plex have 4 outside meters? Thank you!
Do you have a reading list that your recommend?
I currently live in a 2br 1 bath duplex out in the county 3 miles from town I love where I live only thing is I'm paying someone else's mortgage I've been tossing around the idea of buying the duplex but I don't exactly know where to start
I have 2 properties right now and I potentially want a third property, should I use my money to get the third property now or should I just fill the reserves of the 2 I have and wait? Thanks Chandler
*just finish watching the video and got my answer, love your videos
Thank you!
I’m not gonna lie trading with Mr Michael Puma have really help me a lot. with his strategy and predictions are so accurate that I made $50k on my previous trades, Reach him for help on the email above my comments, I recommend him for newbies and for anyone seeking for help in trading.
What else do you tell the realtor when you are interested in that 4-plex? "If it fits your numbers", yes. But in terms of numbers do you give them only CoC return? Or also a purchase price range or additional numbers.
I give them my spreadsheet and show them the desired coc return I want with a 25% down payment. At that point I’m willing to look at anything they give me that meets those requirements and narrow it down from there
@@ChandlerDavidSmith Ah makes sense. So basically they can input all of the details such as purchase price, market rents, insurance, taxes etc. for you and then you can just review your own filled out spreadsheet when they come calling. Super smart Chandler, thanks for clearing that up!
What r your thoughts on this situation? Moved in and bought my first house house and flipped and left it with 100k. Used that 100k to put 20% down and for renovation costs to move in to and owner occupied duplex for 325k. Now live in it finished the renovations and renting out both sides will give me a total $1250 cash flow. Or could stay in one side and live for almost free. What's the best way to get money for another duplex. Currently my rate is 3.25 on it but I have 65k in for the down payment that I'd like to use without losing a great interest rate 🤔
I bought a condo underpriced that I will live in at first . It was impossible to find a multi family at a reasonable price in my area
The deal will come!
Ditto, but I'm not sure what to do next...rent this one out, after buying another condo to move into? Don't want to get stuck.
I am about to sell mine soon. San Diego I found a awesome deal on a duplex but it’s in Kansas
take a shot everytime he puts his hands together lol
HahHhHa
i love the shoe dog book in the background! any book reccomendations chandler?
He doesn’t understand the market is different & w/ something like 3.5% you’re not making as much cash flow as if you put 15% on a single family investment.. it just seems like he has something against single-family’s but they appreciate better have WAY better tenants, cash flow usually 1k + & appreciate 7% to 11% naturally.. SINGLE FAMILY HOME WILL CHANGE YOUR LIFE ahaha
I think another important thing to keep in mind… especially since I’m using your calculator now… LOOK AT THE TENANCY AGREEMENT IF THE PROPERTY IS CURRENTLY OCCUPIED BY RENTERS. Adjust your numbers to what’s written down. I nearly got locked into what seemed to make sense on paper but when I looked at the contract that I would assume as the owner/landlord, I realized I was paying 100% electrical for 2 units for the next year. And those tenants were using electricity like an ATM machine. Don’t assume a poor contract. Read EVERYTHING!
what if i pay 5% down and don't actually live the property?
I think its better to force cashflow...i ran the numbers on a 4plex...here minimum is 10% down paiement live in....or 20% and dont live in.
10% = live in : get +38$/month
20% (dont live there) you get 4 tenants = +639$/month in cashflow after all the fees including gestion compagny, taxes, mortage and assurances
So yea...prefer to dont live there..need to add appreciation each year...and reno if tenant move...
I got a duplex for 3.5 percent down. After I move out the first year I am expecting just under 6 percent cash on cash return in Washington. That is after saving about $400 a month for vacancies, CAPEX, and repairs though. How much should I be saving? Am I saving too much?
Guys, simply can you get multimillionaire in 10y with Rental RealEstate on a budget of 20k? If yes like how? I ran the numbers and I’m missing something
Hey Chandler, what do you think about investing out of state? And how would you find them? It’s hard to find the 10-15% return in CA
Just be sure you have your “team” in place out of state as you would in state. Know your market, where rents need to be, etc
Chandler. I don’t own my home. I purchased a rental duplex in a depressed area that showed signs of early community revitalization for $89900 using a conventional loan with 25% down and no PMI at 3.5% interest rate. Rent was $1830 combined. Minor repairs were done with tenants rent money. Good or bad deal?
what about pmi if you're doing less than 20% down?
This is a great video. Chandler is great at breaking down involved information in a simple way.
I’m so glad you liked it!
Hey I’m Native American I can take advantage of section 184 which is only a 2.25% down payment and my nation offers me a down payment assistance program matching dollar to dollar up to 10k but would it be smart to buy a lot in a good location and build? That’s what I’m thinking for a quadplex but not sure how to do that math
All sounds good except for one advise - to pay as little as possible on the down payment. Why as little as possible? You say to let tenants pay for the mortgage. But imagine if you pay 50-70% percent down, or even 100% down - then, instead of paying your mortgage the tenants will be paying and actually funding your stock investments or real estate investments instead. Just imagine getting extra $2000 dollars from tenants and putting that $2000 into your stock funds because you don't have a mortgage or because it's already paid off in 1-2 years???? M
Isn't it much better to get paid then use that money to grow rather than to pay debt(mortgage is debt any way)?
I guess this worked back in 2020. Now they won’t take less than 20% for first time investors buying a duplex (according to my bank.) Also they are being too picky on loan to income rate.
There are situations in which (house hacking) living in a multifamily first is wrong. For instance, in the Chicagoland area, there are extremely few triplexes and quads on the market. With most of the duplexes, especially in chicago proper, you'll still come out of pocket each month up to $1000 in some cases, even with the other unit rented. However, single family(3+BR, 2+BA) in the suburbs can be had for $500-600 mo @ 3.5% down on 203b or k (including mortgage insurance & property tax) Living in one of those single family will allow you to build up cash for your next real estate purchase faster than living in more than half of the duplexes...and you can always rent out rooms in the single family if you're comfortable with that.
I watched a video of yours on house hacking using the FHA loan with a down payment of 3.5% what kind of percentage would ye be talking for closing costs aside from your down payment ?
I work as a property manager and I would like to invest some of my savings in purchasing apartments homes, and manage them as well? I'm in Dallas /Fort Worth. Help me know where to start?
Hey so my primary residence is paid off and I’m looking at buying a duplex in cash . The problem is I want to leverage but I have low income at the time .Im looking to pay cash and come back to finance them later to get my 3rd property is this a good strategy.
I know he’s speaking English I just don’t understand what he’s saying 😂
What if you buy a single family like a 3 bedroom or 4 and rent out the extra rooms while you live in it. You're still living in the house but just renting out the rooms. Rent then it for 500 or 600 and that will pay for the mortgage
Can someone explain the cash on cash flow thing he was talking about? Excuse my Ignorance
I want to do this, get into investment properties and all but I literally have no money. I work a full time job and all my money goes to bills. What do I do????
I'd like to invest in the USA real estate were no bloggers or consultants helping me even they dont andwer my inquries ...
At 12:03 you say you should put as little down as possible on your first property so you have money to put down 20-25% on other properties. Why not just put down 20-25% on your first property. I’m a little confused
Buying a single family home and renting it is the only cost effective method of getting rentals unless you make a shit ton of money! I will always recommend buying single family homes living in them and moving out and renting after a year! You may not make a lot at 1st but over the years your cost decrease and the value gose up so dose your return!
This is very helpful. We are in planning stage in acquiring our 3rd rental property. We bought 2 condo rental in cash. It generates cash flow now because we paid cash. But I want to start looking in a cash flowing properties
So awesome!
The only downside of leveraging is if something big happens your screwed. Everyone says it won’t happen to them. In my town a factory got busted for releasing toxic gas in a neighborhood for years. The neighborhood instantly had people moving out. It’s now a undesirable area. If your rental was there you would be in trouble depending on % of your portfolio. A lot of investors lost big time in 08 due to leveraging. If you own it outright no one can take it from you :). I do enjoy your videos chandler. I just wanted to throw another angle on it
I need help i have money i just need some guidance i need a property with good cash flow
What if you already have a mortgage a primary residence how can you “live in one of these rental properties”
Just bought my first property in hawaii, Idk if I should buy another one here or wait.
As a real estate investor, what do you think about HOA? and can I get out of an HOA??
I say hey honey we’re moving to a duplex and our next door neighbors are out tenants - shhhh... don’t tell them we’re are the owners - wait they will look at the court house to see who the owner is - oh well - hey neighbors your rent no discounts - honey at 365days in we move and repeat
Another great video. The question, would you ever buy a new build for a rental property with barely any monthly cash flow. Just looking at equity building?
I’m not gonna lie trading with Mr Michael Puma have really help me a lot. with his strategy and predictions are so accurate that I made $50k on my previous trades, Reach him for help on the email above my comments, I recommend him for newbies and for anyone seeking for help in trading.
4 unit owner occupied with FHA or conv program allowing 5% down.
Chandler, pretend you were starting your real estate business again explain how to do it example 1st. Call real estate attorney
2nd set up llc etcetera please and thanknyou
Thinking of getting a 4 plex thats around 330k/ 2 units are 3/2 ($950 each) and 2 are 2/2 ($850) thoughts?
Lender is pushing down payment assistance/ FHA/ fixed 3.5%
Hi, I have less than 100k to invest, what do you think would be better, buying only 1 and put all money on it or 2 of them and split the investment? Thanks.
2 🙌
Solid advice once again. Chandler will be next hot channel.
Thanks! I appreciate it!
Always great info. Thanks Chandler 👊👊
Thank you!
Your rental property calculator is amazing and brought me to your channel. May I recommend a save option for future reference or editing.
@chandler david smith can you write off pmi on your tax return?
I think this video would have been a lot better if you would have just cut to the chase that's why I had to skip it
What about a cheaper condo or townhome as your first investment?
Like how people with no money start buying 1 home per year?
and i’m also a real estate agent, so i can also always put in my comission as part of the down payment, so i’d only need half a percent extra
Been a subscriber since 5k, it’s awesome to see you grow man! Great vid!
Thank so much!! Means a ton!
Hey Chandler this video is awesome! Love your content. I know you haven't made a property management video in a while but, how do I know which property management company to go with when I'm starting? What are the right questions and what should I be looking for?
Did he ever make this video