Thank you for all of your videos. They are very helpful. Can you do a video on property organization? like how you keep each properties documents organized whether electronically, binder or a file system.and the different categories for them also
Nice, congratulations! Avondale just keeps getting better in my opinion, I have two buildings there. Feel free to email me if you want to talk chicago real estate offline. As for snow removal, I have a maintenance person that does all of my general maintenance, snow removal, lawn mowing etc.
great video. i would recommend silicone caulk rather than latex for most things as latex won't hold up outdoors but silicone can typically be used everywhere unless you need it to be paintable.
Peace Kenton, Newbie multifamily homeowner/landlord here living in Chicago! Thank you very much for these videos as they are truly helping my wife and I get acclimated to our new responsibilities as landlords/property managers. I know I will have more questions in other videos, but do you offer or know of any safe RE Investor Meetups in Chicago? We are looking to purchase land and rehab abandon properties in the very near future to build our portfolio and get me OUT of the classroom. Thanks and blessings to you. DB
You are welcome, so glad you like them. Do you want to email me? my contact info is at the bottom of any of my videos. I'm a real estate broker on the north side of the city. There are a few meet-ups, usually with the intent of selling you something, but you can still meet other local real estate people.
Hi Kenton! How do you manage the air filters for your a/c units? Do you go to the property every month and replace the filter yourself or you just give it to the tenant?
I do a little of both. I try to show the tenants how to change them and leave extra ones with them, but if they don't or won't do it, then I will be sure I schedule a time to check and/or change them as appropriate.
Good video Kenton. Also isn't a separate bank account and credit card kind of overkill? I'm at 13 homes currently and it'd be a huge pain to have to have that many credit cards and bank accounts. Having them all in one and properly having PO/Job names which you can do at home depot will make it easier to keep track of each property
I definitely think everyone should do what works best for their portfolio and can understand it would be a little different if all my properties were single family. All of my buildings are between 2 and 6 units each so it has worked out better for me to have individual credit cards and bank accounts.
Can I ask a random newbie question? I want to buy a duplex and live in one of the units, but both are currently occupied. The earliest lease is up in 6 months. Am I able to apply for a “second / vacation home” loan through the bank and buy the duplex now even though I won’t be able to move in for 6 months? Or is my only option an “investment property” loan?
You can get up to 10 conforming loans in your name as long as you meet the credit, debt to income etc requirements. If you don’t occupy it as your primary residence it’s just a small increase in the rate, but then you can refi it once you move in as well (minimum of 6 months after you close for the refi - seasoning)
![🎤 จับฉลากร้องเพลง x P’ #XXSIVK [EP.1] (2/2) เพื่อนจับได้คำไหน..ต้องร้องคำนั้น เริ่ม! 💓🎶 #MXFRUIT](http://i.ytimg.com/vi/1bJvMJXmeS4/mqdefault.jpg)
I'd love to hear your comments! Also smash the Like!
Thank you for your leadership. Greatly appreciated.
Happy to help, thanks for watching and commenting!
Your videos are so helpful! Thank you
So glad to hear that. Thanks for watching and commenting, hope you have a great week!
And my rental supply kit I keep a 357 Magnum 6in knife beer and pepper spray mace
great video. thanks for all this information kenton.
For sure!
Thank you for all of your videos. They are very helpful.
Can you do a video on property organization? like how you keep each properties documents organized whether electronically, binder or a file system.and the different categories for them also
Great suggestion! I’ll add it to my list, thank you for the suggestion
Thank Kenton! Closing on my first property in Avondale next week. How do you handle snow removal in Chicago?
Nice, congratulations! Avondale just keeps getting better in my opinion, I have two buildings there. Feel free to email me if you want to talk chicago real estate offline. As for snow removal, I have a maintenance person that does all of my general maintenance, snow removal, lawn mowing etc.
great video. i would recommend silicone caulk rather than latex for most things as latex won't hold up outdoors but silicone can typically be used everywhere unless you need it to be paintable.
I agree, thanks for adding that informative great comment!
Peace Kenton,
Newbie multifamily homeowner/landlord here living in Chicago!
Thank you very much for these videos as they are truly helping my wife and I get acclimated to our new responsibilities as landlords/property managers. I know I will have more questions in other videos, but do you offer or know of any safe RE Investor Meetups in Chicago? We are looking to purchase land and rehab abandon properties in the very near future to build our portfolio and get me OUT of the classroom. Thanks and blessings to you.
DB
You are welcome, so glad you like them. Do you want to email me? my contact info is at the bottom of any of my videos. I'm a real estate broker on the north side of the city. There are a few meet-ups, usually with the intent of selling you something, but you can still meet other local real estate people.
Hi Kenton! How do you manage the air filters for your a/c units? Do you go to the property every month and replace the filter yourself or you just give it to the tenant?
I do a little of both. I try to show the tenants how to change them and leave extra ones with them, but if they don't or won't do it, then I will be sure I schedule a time to check and/or change them as appropriate.
Good video Kenton. Also isn't a separate bank account and credit card kind of overkill? I'm at 13 homes currently and it'd be a huge pain to have to have that many credit cards and bank accounts. Having them all in one and properly having PO/Job names which you can do at home depot will make it easier to keep track of each property
I definitely think everyone should do what works best for their portfolio and can understand it would be a little different if all my properties were single family. All of my buildings are between 2 and 6 units each so it has worked out better for me to have individual credit cards and bank accounts.
@@KentonKnows Ah that makes sense since you have more units per property!
Can I ask a random newbie question? I want to buy a duplex and live in one of the units, but both are currently occupied. The earliest lease is up in 6 months. Am I able to apply for a “second / vacation home” loan through the bank and buy the duplex now even though I won’t be able to move in for 6 months? Or is my only option an “investment property” loan?
You can get up to 10 conforming loans in your name as long as you meet the credit, debt to income etc requirements. If you don’t occupy it as your primary residence it’s just a small increase in the rate, but then you can refi it once you move in as well (minimum of 6 months after you close for the refi - seasoning)
Hello, Kenton it's Brenda I may need to talk with you in messenger I have questions about property management rentals.
Sure thing. All my contact info is in the description of any of my videos. Thanks for commenting and reaching out, hope you have a great week!