Noob Buys his Second Rental House at 19! [Biaheza Reaction]
ฝัง
- เผยแพร่เมื่อ 7 มี.ค. 2020
- Biaheza. Make money by saving money on your rental. ⚠️34% off Coupon Code 🍎BecomeMore🍎 expiring 6-24-20. Investing & Negotiating: metkevin.com/program | Life Insurance 🦠Life: metkevin.com/ladder 💰Free Stocks: metkevin.com/webull Lauren's Vlog: bit.ly/2U3sz2qb
👨🏫My story, income & net worth: metkevin.com/networth
🏦Kevin's Stock Picks 🏦 metkevin.com/index
🦠🦠Get the Life Insurance Kevin Has in 5 Minutes: metkevin.com/ladder 🦠🦠
📟📟3D Camera Kevin Uses (Save Sales Tax): metkevin.com/3dcamera
🛍️Kevin’s Amazon Recommendations (Books, Gear, Etc.): metkevin.com/Gear
✅🗳️Learn from Kevin🗳️✅
🏡Real Estate Investing From $0 to Millionaire: metkevin.com/invest
🤵Real Estate Sales from $0 to $500k+ in Income: metkevin.com/Sales
💰Money, Stocks, Wealth, & Happiness: metkevin.com/money
🧰DIY Property Management, Rental Renovations, & Asset Protection: metkevin.com/DIY
🎥Livestreams: Every Morning 9am (when market is open). Join here: metkevin.com/live
📬 Discord📬 metkevin.com/discord
Expiring Coupon Code ending 6-26-2020: 🍎BecomeMore🍎
🔴🧲Kevin’s Recommendations🧲🔴
🤑2 Free Stocks up to $1,400 & Extended Hours Trading 🤑 metkevin.com/webull
🏦M1Finance for Checking & Simple Stocks 🏦 metkevin.com/m1
🖼️3D 360 Camera (Save Sales Tax) 🖼️ metkevin.com/360camera
⚙️My Gear & Cameras ⚙️ metkevin.com/Gear
🎁Books for Entrepreneurs 🎁 metkevin.com/books
📹Create Your Own Course with Teachable 📹 metkevin.com/create
🧧Health Savings Account🧧 metkevin.com/lively
💰Invest in Cashflow with Kevin 💰metkevin.com/cashflow
🖥️2 Weeks Free w/ Frame.io Team EDITING of Videos 🖥️ metkevin.com/frame
🎵Channel Music 🎵 metkevin.com/music
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
🚧🚧🚧🚧DISCLAIMER🚧🚧🚧🚧
❎I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other. This is a TH-cam video for entertainment purposes ONLY. IF stocks or companies are mentioned, Kevin MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on Kevin's videos. If you need ANY professional advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc. financial advisor, or the appropriate professional for the subject you would like help with. Linked items may create a financial benefit for Meet Kevin®. Any use of other media is by fair-use only. The Paffrath Organization is a licensed real estate brokerage doing business as Meet Kevin® in California under DRE #02032575.
This is not an advertisement of property for sale and any mention of properties listed or sale or otherwise shall not be construed as anything other than an opinion for entertainment purposes only.
Trademarked Slogans (NO use without written permission and license):
⛔️Meet Kevin ®
⛔️No-Pressure Agent ®
⛔️Providing More ®
⚠️Contact Kevin⚠️
☢️☢️ Course Questions & Bundles ☢️☢️ Email Kevin@MeetKevin.com
DAILY Livestreams 📺 metkevin.com/live
Kevin is here Regularly 📱metkevin.com/discord
Download Kevin’s Course 🧠 metkevin.com/program
#MeetKevin #Biaheza #Reaction
![How to go from $1,800 to Millionaire [Step by Step].](http://i.ytimg.com/vi/WRuvNmLgQvc/mqdefault.jpg)
Kevin is too much and I love it all haha. Just finished the RE Investing course and my whole perspective has changed, course pays for itself 100X OVER. Thank you Kevin!
@@sarahann530 There are multiple videos that alone pay for the course all by themselves. There is so much information, personal experience and strategies that I alone would need years of going through real estate investing to learn on my own. Mistakes that I will now not make thanks to this course will save me thousands in the upcoming months and years so that alone says it all. Plus it's a tax write off.
@@sarahann530 Look, nowadays it's so easy to get sued. Kevin is doing what anyone with a little common sense would do, protect himself. People are so easy to blame others for their mistakes, no one likes to take the liability, so It's obvious some people might want use Kevin's advice against him for money they lost because of their mistakes. How hard is it to understand this? Oh, and just because your purchasing this course does not mean you can't consult with other professionals, which will cost you so much more anyways. The problem here is no longer about the price and value of the course, but your poor mentality. And yea, no. I won't give you any examples because I already did in my first reply. And he doesn't need to stand over his advice and information with his words (which we also know why), he lives his advice on a daily basis by actually applying what he teaches.
@@sarahann530 Take a step back from your device twitter fingers and read the whole thread. I'll explain this in an easier way so you can better digest. In my initial comment I stated "Mistakes that I will now not make thanks to this course will save me thousands in the upcoming months and years so that alone says it all". TIME is money and MISTAKES cost you money! So if you can save yourself both is that not making money? If I decide not to replace a roof because of what this course has taught me thus saving 10k, does that not say the information pays for the course alone? And thats just one tiny example from hundreds in the course. Please save your energy replying because I will not longer be replying to your comments as this alone has cost me too much time, which is money.
Robson Motta don’t feed the trolls man haha. There’s 50+ other people that agree with you
@@robmottax you haven't looked hard enough. Everything he teaches can be learned for free. Or in online forms, there is no secret to this.
You find good deals using all means. Boom. Done. He's no Guru. Your just to lazy to read, which means your to lazy to be in real estate.
Hahaha loved the video, HGTV is the only thing on TV at my gym so I blame that. Haven't started any renovations tho so I'll definitely be taking all of this into account!!
Please do a collaboration with Meet Kevin. 👍
Think of this as not a flip. Don’t flip the house if you’re just intending to rent. Make it up to date that it will be desirable to your renters. Have it be structurally sound and maintained (electrical and plumbing). Could the kitchen and bathrooms be more aesthetically pleasing? Yes. As a renter and soon to be home owner, I can say the #1 thing I look forstorage. Do the bathrooms have good storage? Does the kitchen have a pantry? Are there enough outlets for kitchen appliances? Have a nice bright color pallet, not to trendy floors, and maybe some semi good built in shelves in closets. Don’t get sucked into full house flips if you’re not actually going to make it a home you plan on living.
I think sometimes Kevin cheaps out on things and says things like “that’s why you have a security deposit” and I don’t always think that’s the best way to consider your properties. Fixing your fence is a great ideas especially if your property will be pet friendly. Make sure your gutters are in good working order. Find the right in between that works for you but allows for the biggest bang for your buck
bro if this were a million dollar home you were flipping maybe, but if it's a rental, take Kevin's advice!!!
Also, I'd check with your municipality before moving the fence to your property line... most towns/cities have setback ordinances that require X amount of feet away from your property line.
He may have a few mistakes, but at his age. He’s doing better than most guys his age. By the time he’s 25, He will be a beast !!!
I actually agree with this. He just needs to slow down, do his research, and learn from people that are already where he wants to be (in regards to real estate)! I talk about my experiences and knowledge in real estate investing on my TH-cam channel!
He’s young he is going to make some mistakes,but that house is going to take him to school, from first grade to a masters in six months.
He's successful at what he does so he isn't going to go broke and he'll learn a lot from this experience. He's young and wants flashy. But when he sees his bank account draining he'll listen to Kevin more on the next one. Renters just want neat, clean and no functional problems.
he already makes so much money. he may not know a lot about real estate but he learns quickly
Unless they put a stop to his scamming businesses. "Such a businessman", but can't manage a single decent business. All he is doing is creating new websites to scam people with cheap chinese crap that takes 1 month to arrive. That's not successful businessman, that's successful scammer...
Lol kevin you just saved him hundreds of thousands
:D Thank you top 5!!
Kevin: "Why are you even removing the cabinets.... And can I come and pick them up!" 😂 💸
Kevin had so many good quotes in just this one video LOL
Lmao fr
The problem is that he’s trying to make a home he would like to live in he’s getting caught up in what looks good
Krypz Chillin bingo
Yeah one of my friends owns a lot of properties and told me at the start he did this and quickly realized it was a complete waste of money, he now treats properties he rents out as just "boxes that make money". Never get emotionally attached to a rental property!
what if the rennos of his house, lead to the whole suburb following suit.... lead the way rather than follow the sheep.
- Brothers wishful thinking my friend
So he not in it for money it a passive income with less promblems
I’m so proud Biaheza chose to invest his profits into Real Estate! That AND SMASHING LIKE will building last wealth for him
He invests in the house with full cash so more secure less roi, he just wants the cashflow
Meet Kevin the thing is that he fell into the same trap as too many wannabe landlords. He is doing a ‘flip’ remodel, not a ‘rental’ remodel.
For my rentals the only thing that matters is clean and functional. Renters care more about the location and number of bedrooms than anything else. My last rental rehab I spent $4000 on a few safety items, carpet, a little paint, and professional cleaning. That’s it.
This is the video about the first rental, but it looks much newer, bigger, and in better condition. He does not really talk about fixing it up: th-cam.com/video/CPJp9Ch37UM/w-d-xo.html
It’s super impressive that at age 19 he’s investing his money and buying investment properties! Huge props to him. The house he bought is outside Sacramento (I’m a realtor in Sacramento too).
2019 I flipped 2 houses in Sacramento California, 2 houses in Cleveland OH, and bought 2 rentals in Euclid OH, 2020 flipping 1 in St Louis MO and another in Cleveland OH. Have to agree, he’s looking at it like a flip, not a rental. But massive props being 19 and getting your first rental! Proud of you bro!
Gotta love Biaheza, he was so humble to accept that he may be making a mistake and took kevin's advice into consideration
"I got a contractor you can call and his name is Matt Risinger!" Lmao! Savage!
Today, on the build show!
That part made me laugh. xD
@@ewliang I was thinking the same thing, was happy to hear you said it
Kevin killed it with that line!!
One of the best remodel contractors / custom builders in America. Not to mention shows pay him to speak all the time and receives various awards and sponsorships.
While you buy your supplies at home Depot 🤣
It seems like his remodel has turned into more of an art project than a business venture. Hope he sees the video and reconsiders.
TJ Blackmore ye
Tom just say biaheza comment he is considering his opinions
@Tom go watch his response
@Tom yall are negative as fuck
CHECK THIS OUT th-cam.com/video/E-SjIJ2v0ZY/w-d-xo.html
I absolutely love watching your videos. Especially these reacts. I've been heavily reading and watching your videos so when i'm ready to start investing in rentals I'm going to be ready. Everything you're saying makes so much sense. Thank you.
2019 I flipped 2 houses in Sacramento California, 2 houses in Cleveland OH, and bought 2 rentals in Euclid OH, 2020 flipping 1 in St Louis MO and another in Cleveland OH. Have to agree, he’s looking at it like a flip, not a rental. But massive props being 19 and getting your first rental! Proud of you bro!
Second rental
I could have that house rent ready for about $15,000. Carpet, LVP, and paint and that’s it. I wouldn’t even scrape the popcorn ceiling. Renters don’t care.
If ya scraped the ceiling, you could remove the "part-time" from your channel name :P :P haha kidding kidding - depends on the area :D
Meet Kevin I spend $3000 to scrape the ceiling and I don’t get 1 cent extra in rent for doing it. It’s completely different if I was flipping the property.
@@OmahaTonyG $3,000 to scrape the ceiling? Skim coat it for half that.
As a renter, I want to say that I never rent any place with popcorn ceilings
@@boot-strapper It says more about the landlord than it does about the property, or at least it shows the image.
I hope you get to collaborate with him like you did with Graham and we can see the results on a future video!👍
That'd be fun!
@Rajeev Vij he's super popular! And really hustling for his age!
Great content in this video. Thank you Kevin for your time and the amount of energy and entertainment you give back to us.
19 huh... struggling to get a house at 35 lol.
@JT R Didnt choose to be broke buddy
@JT R True
@JT R Its not your choice to be broke, but you’re choice to stay broke. Lets keep it at that
@@224yousef lol rah
Respect his hustle🥳👏
Not hustle he's going kill his bankroll. Scary game he's playing can do lot of damage
He’s looking at this like a flip more than a rental. He’s already thinking about the resale price. Which makes sense given the way he has made his money.
Thank you Kevin for these tips and advice. I wanna do what biaheza is doing buying and renting house. You’re comments to what he is doing is very helpful and interesting
Kevin needs to make a Extremely cheap Rental House makeover TH-cam Edition Series😂
A Conneely everyone’s gotta start somewhere you streak of piss
You gotta do anything and everything it takes sack of shit
This kid has a lot to learn about renovating but at least he is investing!
CHECK THIS OUT th-cam.com/video/E-SjIJ2v0ZY/w-d-xo.html
Actually this isn't investing this is losing money at a bad rate which will scar him for the future.
@@arthurfonzarelli9828 bro he has way more money than you at 19, his future is gonna be anything but scarred
@@stew-tube So what that have to do with anything? Bottom line is growing your money and this is the opposite of that. Won't end well if doesn;t fix.
@@arthurfonzarelli9828 I don’t really understand, fixing up the house like he talked about would just give the house much more value, it might not raise the amount he can ask for rent but the value of the house will be boosted tremendously and it’s his own property he can do what he wants
9:00 I particularly look for kitchens with lots of upper cabinets. Uppers are the most convenient.
Lmao hearing you scream “NOOOOO” just shows the passion you got. And is very very funny
Love the videos bro! I'm 25 and been saving and planning for a few years for my first rental. Going to look at a few this weekend! Keep up the great work. I'm learning a lot from you
So adorable !! He needs to flip this house with that type of renovation . He got the HGTV goggles on .Please help him !
How can we buy puts on this house?
Brandon, the kid is making bank. And he does great videos! I've been subscribed for about two years to him, highly entertaining. Even if he lost money here (which he won't be already commented above) he's going to be a multi millionaire. I've never seen such hustle so young!
I would buy put options on the bank dumb enough to finance it. It'll be a foreclosure or short sale in a couple of years.
I don’t think I’ve ever seen Kevin this uh “excited” lol
Awesome that he mentioned you and Graham at the end.
lol when I bought my first property I wanted to fix everything! I was lucky that I had a good realtor friend. I spent $900 for materials and did the work my self.
I just died when this dude said it was gonna be "cost effective" .... If this guy goes forward with his ideas, this remodel is going for 250K minimum ....this guy needs to watch your video pronto!
And take FOREVER
And take your courses
You are probably knew to flipping business. If you get your feet wet, you'll see that there are contractors, who pull up on white sprinters and charge $60-$100+ per hour, and there are sub contractors who do amazing job who charge $15-$20. The job is to know right people who will get you access to this good reliable sub contractors. I can also tell you that on 1,400 sq feet material for total flip, full bathroom remodel, full kitchen remodel, all new windows, full landscaping in material came up $35,500. So this guy is not going to spend $240K on this remodel. 98% chance he got several of his close relatives in contraction business, so he might reach out to plumbers and electrician, (if that) But everything else will be done between him, and his relatives. And total budged might be between $30-50K. So he knows what he was talking about in his video:)
@@sacramentohomes where the hell do you live? Minimum wage is $15/hr here, you aren't getting any contractor worth squat at that rate. Best case $35/hr
wil hallman I live in Sacramento. Just to clarify most of the contractors will charge $60 to $100 and more per hour. But personally I hired guys who are getting paid $20 at their regular job and they gladly took $15 cash. Key is to have connections to get to them. This 19 year old guy already showed his first tiny remodel. He did it with his Dad and labor was $0. His Dad is a contractor. Labor is going to be their time. Material - HD supply 10% off and homedepot 10% thru contractors account. And free labor. No dramas here.
I understand the comments saying "he will learn he's so young", yes, you are allowed to make mistakes (I sure did on my first rental), but he clearly needs to do some due diligence. My first flip I put in weeks of research watching youtube and reading books. These are huge mistakes (in my opinion) that could be avoided if he did some research/learned from people with experience
He seems like a good kid. I’m sure he will take this on board.
This video is just two over the top dudes going at it back and forth hahahah. Great breakdown Kevin
Who else working towards there first house soon? 💪
Has it happened?
Their*
I sold my house for crypto.
Wow, Everything he mentioned for the remodel is going to cost him at least $100k maybe even $200k. Raising the roof???? Who convinced him this is remotely a good idea?
THEGAMINGHELP101 not raising the roof just raising the ceiling ( vaulted ceiling ) usually 5k for that size
Being a spoiled rich kid gave him the idea.
CoherentPanda how is he spoiled when he worked for his money?
@@ChrisTookFlight He already had money long before he scammed gullible people selling dropshipping courses. He wasn't a poor teenager.
@@coherentpanda7115 he literally just recently launched the course. had his youtube a lot longer and has proven that he makes money from actually dropshipping
Wow, time is of the essence, eh?! Thank goodness you were able to evaluate it so fast! I hope he takes your advice! He's gonna make $$$!
yesss! That's exactly why I wanted him to react to Biaheza's video
CHECK THIS OUT th-cam.com/video/E-SjIJ2v0ZY/w-d-xo.html
5:22 he's pulling a graham, "i might as well just raise the roof" I might as well just bulldoze the house heck im putting in new carpet why not.
Lmao
The young man is intelligent and Kevin is an experienced professional.
Kevin stacking the markers is me during every meeting
wow i really like how kevin explains everything, Great video.
loved this reaction!
Nooooooo. Lol I'm loving your reaction to this video. Learning alot at the same time too.
In my area, builder closeouts can be a deal, especially on the very last house in the development. The builder wants to get rid of it to be done with the community or phase, so there can be some good incentives. This can include help with the closing costs and money for upgrades. Usually get excellent schools and amenities that the renters want.
This video was awesome, I love that he's in the game so early and showing everyone how to get their hands dirty!
I love how he's 19 and casually drops "Oh yeah this is my second rental and I had to buy it cash, without a loan" whaaaat
Well hes made a small fortune doing drop shipping so he can afford to
Why wouldn’t just get a 30 yr fixed rate mortgage? Rate are lower then ever
@@bryanh8292 he couldn't get a loan, hence why he said "I had to buy it cash, without a loan"
@@JoshRyan It was a probate sale... that's why he didn't get a loan.
@@equalscash9388 I know
lol my cheap ass would of rented the house as is 😂😂😂
And someone would have rented it too
@@arthurfonzarelli9828 and for roughly the same amount than before he does this $200,000 renovation. The area 90% determines the rent, not the condition of the property
Really learn something in this video. Keep em coming.
Oh I love when my favorite youtubers collab!! I’m loving this video
Clicked as soon as I got the notification!
When I first watched that video, I reacted the same way. "Why is this guy remodeling the place like it's for himself?" I must be learning from Kevin.
When he said "raising the ceilings" my jaw dropped in shock.. LOL
Jason Roos because you have to think that is for you. He is a good man, he he isn’t only seeing money.
OMG! I JUST watched this video, & I have never laughed so hard! I love seeing this side of you! 😂 Great advice, too!!
P.S. I bought my 1st house at 21 (on my own)... I, intentionally, kept improvements cost-effective, neutral & non-customized. It was much easier to sell it this way when I moved from TN to Boston (for my job in Banking/Finance Management)... Where, I then, purchased my next house (which was 3 times the cost of my 1st house 😯). I used the same concepts in that house, & had no issues selling it, either... I am, now, in my 3rd house (back in TN) & I am still using the same concepts, here, for future re-sale purposes. Keep It Simple, err, People. (I don't want to call anyone Stupid 😉). Thanks for the laughs, today! Keep up the awesome work you do! 😊
This was fire love both of your guys content
I'm dead. I fucking lost it when he said "raise the roof"
I also made a reaction video but haven’t posted it yet! I’m a Realtor and I completely was shocked when he said he wanted to raise the ceiling height and replace the roof! It’s so much more cost effective to FIX the roof and scrape the ceilings. Great video, Kevin! It’s much better than the video I made 😂
Jason why would you be shocked? Raising ceiling will cost him additional 10K not 100K like people suggest.
Андрей Перепелица - Недвижимость in the Sacramento area that would cost him tens of thousands of dollars. And that would be a waste of money because he wouldn’t be able to charge higher rent just because the ceilings are higher.
Андрей Перепелица - Недвижимость where are you getting $10k from?
@@JasonWalter1 material cost to do that. We actually did it. Labor was not included because it was done by people who knew what they were doing. This young man's Dad is in construction business. So the reason why he can' afford that is because labor is going to be on them.
Андрей Перепелица - Недвижимость that’s great you were able to do it for so cheap. However, my point being that it’s not worth the expense because the cost is going to far outweigh the benefit (i.e. the increase in rent).
Actually made relevant and helpful points to help him out. Cheers, i have subscribed
freaking awesome vid's. saving up for the course but gonna take some time. great that you are in California as well since the numbers line up. currently an assistant manager for an apartment complex and i'm tired of making a bad company look good lol
Biaheza: Opens mouth
Kevin: Face palms and brain cells die
CHECK THIS OUT th-cam.com/video/E-SjIJ2v0ZY/w-d-xo.html
Facts 😂
Kevin's reaction at 6:05 😆... No! No! No! It made my morning!
Dude you renovate EXACTLY like I do. What you said about the roof and fence was spot on! Why do more than you need to? Fix it when it’s broken.
Bless his heart. Slap some nice laminated wood in the house. If you are gonna remodel the kitchen get an ikea modular kitchen that costs around 500-1000$ put it together yourself. Clean the windows. Fix the fence and maybe a new coat of paint. Change the bathroom vanity and fix the show are bathroom is fine. I would say you could probably get the house ready to rent if you spend 15,000-30,000. Especially if you do the work your self. You can put in your own flooring and kitchen and fence the only thing you may need a contractor on is the bathroom. Hell and go spend like 300$ on some new light fixtures for the house and if you want to be nice give them Walmart LED light bulbs.
"NOO!!!" "WHY!!!" "NOOO!!!" hahaha
See, he wanted you to react to his video thats why he did the shout out. I think he's leading you on with all the upgrades. He knew you would react this way. The kid is smart.
The Matt Risinger part killed me 😂😂😂😂😂😂😂
Kevin's tone did a complete 180 after he got a shout out 😁👍 Great video!
great feedback for this youngster, and all done in the right spirit. And very entertaining, thanks
I really wish I was smart enough to get started that early 😅
Never too late
May be too late if you don't have any $$ in 1st place, yours or access to OPM
Meet Kevin I’m working towards it!
@@janeforever I started with $0, negative bank accounts actually, and built up a good amount of money doing Real Estate Wholesaling. Literally ANYONE can do it if they take the time and do the research, and have the heart to keep going even after countless failure.
Jane first try to earn 1000$, is impossible to get to 10k per month if you don’t even have 100$ in your bank
It’s funny I was gonna request this video
Completely agree with your comments Kevin. You have good insights and when I first saw this guy’s video, I was laughing through most of the comments. He clearly has no idea about the costs for these changes.
The little snippets of advice throughout the video are actually really good
Kevin, you crack me up.
I want to see Lauren react to this. lol!
That's a really good idea!!!
I like when Kevin gets triggered who ever was the comment section to react to this thank you 🔥👍🏻😂
"Why are you removing the cabinets? And can I come and pick them up?" This had me dying and it was exactly what I was thinking lmao
Hi Kevin. Do you have hard time getting insurance when you don not replace roof when its needed?
Ok now, I need a collab where Kevin goes to give him some f2f advise!
Meet Kevin help this man lol
I gotta give it to you Kevin, I agreed with everything you said in the video. Coming from a perspective that I just finished my first semi-DIY semi-subcontract reno project on a rental property. In theory, my rental could have been rented for $1800 per month based on all the bells and whistles I put in. Everyone walked in and wow during the viewing, but I wasn't getting anyone coming back to me until I gradually lowered my rent down to $1575 where the average rent in the neighbor is $1600. If you want to minimize holdover cost and rent your place out quick, aiming at the average rent condition to fix your rental property and set the price slightly lower than the average. Tenants may love the extra stuff you put in there, but they don't want to pay extra for it. So most of the nice things have horrible ROI in a rental property. If I had my priority right and knew Meet Kevin before I started my project, I would probably only spend $25-30k instead of $50k on the reno project.
On a flip side, as long as your intention is to hold on to the property and rent it out for the long term, not short selling it, you can't really go wrong (maybe you can if you pull a Matt). So Kevin please chill. He's only gonna take a bit longer to recoup his investment(unless he pulled a Matt). The only difference between my original planned $1800 and now $1575 is that I make a little less profit. But I'm still cash flowing well on the investment. The house is gonna be here another 20 years (knock on wood) so I'm not losing my sleep over it.
as a biaheza fan,no expected this video to be negative and hate on biaheza. But this guy is genuinely trying to help and is actually funny. I rate it
Kevin’s reaction at 14:37 😂😂😂❤️
The problem is that he has no reason to care how much he spends on his reno. He's not a rookie starting out with 100k to close the house, make reno and get it going...he makes 100k PER MONTH. Who cares if he has to pay an architect, engineer and contractor 100k to raise the roof? That's one month of income. If anything, it's a way for him to show losses on his taxes and have crazy depreciation numbers. It's unfortunate he doesn't have someone in his ear telling him to pull back on the renovation and use that money to get another property...or in his case 3...
wrong assumption. He will not pay 100K to raise roof.. That was Kevin's wild estimate. He'll cost him 10K to raise ceilings (not the roof).
@@sacramentohomes he'll pay 100 for ALL the unnecessary projects he's got lined up
I'm really happy THIS happened. I am following both Kevin and Biaheza as my inspiration. When I saw Biaheza's post about his 2nd rental property, I told my wife that he should ask Kevin for some advice for his house. It seems to me that Kevin took action first. I need to learn from this. :D
Same. He's going to go far in life, he hustles! Biaheza....and he'll learn. He commented above.
Some Tenants might even do the work on their own if the land lord allows it. For 5 years of my life I lived in a rental with my Dad. My dad changed flooring in the house from carpet in the living room and hallway and tile in the kitchen to hard wood. He also repainted a lot of the rooms, replaced some utilities and upped the value of the house as a whole.
7:12 Lulz. I think _someone_ did that recently and it didn't go too well ;)
Solid advice I agree Kevin :)
Miss ya Mike! I need to visit!!! After this all blows over!
Meet Kevin definitely! Coronavirus panic overblown 😆
@8:05 LOL 🤣 I saw that and wondered what you'd say about their calling out your calling out
Never watched one of your videos before, this is video is gold haven’t laughed so much in years
He could have used the additional cash spent in the crazy work in a third rental. He isn’t thinking about how soon he will be cash positive.
8:52 Nooooo!!! 😂
lol
this ladies and gentleman is the real stuff and why i love kevin. this is case study, it's better than any school education you can get!
8:13 😂 😂 😂 All those floors were HIDEOUS
Can we get a " I drunk react " series going??😂😂
hahahha separate channel? LOL
Meet Kevin do it!
@@MeetKevin 😂😂
Good on him for investing so early. Can't wait for him to look back on his haircut in 10 years, though.
I cracked up watching his reaction!!!!!!!!
This kid looks so excited tho thats why probably the whole cute and good looking renovation vibe lol
@MeetKevin new hairdo looks good bro, nice to follow along in this video with you and glean some insight.
I remember when I was 19 and silly... I just didn’t have money to make more ridiculous mistakes... but I still made some ridiculous stuff
A fence you can fix? Dude that fence looks like something from a literal apocalypse i mean i get you can power wash wooden fences and stuff but that fence is like gone lol, Kevin i feel like sometimes to a certain degree you are just beyond nitpicking lol,
My experience is if one gets central cooling with ac, you have to make sure the windows are secure from leaks, otherwise the expense on running the ac or keeping the place cool will be too expensive with $300-$500 additional electric charge.
Love your comments, Kevin. You are absolutely right. I hope Biaheza can save some money rehabbing your way.
I actually laughed when I read “noob” in the title 😂 I saw Biaheza’s video when it came out and it’s awesome to see him already getting into his SECOND property!
Stuart Tyrwhitt he is a noob when it comes to real estate. I bought my first house at 22 about 8 years ago. Spent about 8k to fix it up, house hacked it for 6 years and sold it for 145k profit. This guy might be a pro at something but not real estate.
greymatter2525 I know that, it’s clear he still has a lot to learn. I just haven’t seen anyone referred to as a noob in the real estate scene so it was funny to see 😂
I can’t wait for Kevin to break down my first house purchase 😅
Zachary Laid Finding Freedom that’s funny
as a person who bought a home for personal use, I hate multi flooring (and carpet since its humid Florida) and especially wide groute tile. Just keep it smooth and simple and easy too clean. I can always throw a spot carpet to change colors. this includes bathroom and kitchen. its a pain to mop multiple types of flooring.
I started dying when Kevin said “why are you removing the cabinets?! Can I come pick them up”😂😂😂😂😂👏🏽 I feel you Aquarius brother 😂😂😂
K:i:n:d:l:y :te:x:t:+1:2:2:5: 7:2:6:6:4:1:2: W:h:a:t:s:A:p:p: I have something for you.