Hey Kevin! I really love your videos! I’m wondering, would you take a quick look at this address to see if it’s a good deal? I would really appreciate it! 6657 S 2200 W, West Jordan, UT 84084
I’m still so surprised how early we all are to this channel. Your quality is that of someone who would be at the top of this niche on RU-vid. Can’t wait for you to hit 1 mil in no time!
*GREAT VIDEO KEVIN* LOL, lowest price sorting. It’s so true though. Proven neighborhoods that hold value where people WANT TO LIVE are ideal! Great video!
My house has the thing where you have to walk through one bedroom to get to another, but since it is a primary residence we don't care. (just using that bedroom as a store room). But if we turn it into a rental in the future, may have to re model.
Yep, I bought the handyman special. The guy fixed everything, built cabinets. Now that I'm moved in and I'm looking closely at things I think "Ah, that's why it's sat on the market for 4 years." I've learned from the experience though.
My wife and I bought a home that falls into the "handyman renovated everything" category, at market value. This is for us to live in though, not to sell. We decided on some misc renovations before moving in, that I am performing. Holy crap, it's hidden issue after hidden issue. It's like everything wrong with the place was well hidden or covered up, and you only find these issues when you're doing destructive work/testing. This is a hard lesson for us, but a lesson none the less. Shame we didn't find your channel before then. The irony here is that I'm a handyman, though I strictly stick to code, standards, and best practices, cross-checking manufacture and reference material before completing any job. And if I can't do it right, or feel like I'm lacking the expertise, I hire it out... For plumbing and electrical, I always pay an electrician or plumber to come check and validate the work.
Love the pro vs noob. Kinda sad that both my previous flips are all noob, way overrenoed. Excited for the future as now I'm armed with awesome pro tips
@@DamonLeeK first was a condo from the seventies, gutted it completely, broke walls, renovated it to look a million bucks, new everything, spent a year doing it myself and with a partner. Second was a 1912 house that hasn't been renovated since other than wallpaper, I redrywalled the entire place including ceilings, did the basement, floors, broke walls, new kitchen, new bathrooms, new layout, new plumbing, electricity and heating system, new windows... the works. Thanks to property value going up a bit I made a small profit but definitely could have done 100x better, or better yet not take something that needs everything done.
superglued car door!! SH*T! love your videos. bought your course, trying to catch up with you! how do you do it? Excellent work. Hope to meet you in Charlotte NC this December. Take care.
I know someone who is a real estate agent He helped my family find a good house. The only problem with the house was the sump pump failure and that was it.
Beginners always look for cheap homes because they think it will help them achieve easy cash flow. The problem with this frame of mind is that consistent cash flow doesn’t always come easy. It takes work and patience to find and purchase the right properties.
Make sure your pre-underwritten loan gets all the conditions satisfied before going and waiving loan contingencies. A lot of lenders will still issue your pre-underwritten pre-approval even with conditions being needed. It’s still better than a standard pre-approval but not as rock solid.
Great video Kevin,seen a house today and seen a owner DIY jobs😂😂 asking for full asking price and half finish work. Thought be a new house,good location,BUT will have to go back to bare brick and start over again. The agent wrote in the write, needed finishing touches😂😂😂😂 So I walked away.
Can’t wait to get the course, just trying to put it on the new secured card but not trying to use my whole balance, love your videos, ill get it as soon as I can
Currently shopping for real estate as a noob.. perfect timing. Except everything affordable is in the hood where values have been stagnant since the 90's😭
Hey Kevin I wait for your videos more than any other show program event etc etc 🙋🏻♂️fun but more than anything knowledge my dude thanks for all your great content but specially for your time trust me I’ll get a lot from your ideas and content gracias Señor Kevin,
Hi Kevin, I love watching your videos but most of the tips don’t work here in Europe (Credit score, laws, zones etc..) is there any youtuber you know about it? (I’ve tried browsing a few local ones and god they are terrible, maybe it’s your fault for raising the bar so much! Haha) cheers!
Meet Kevin I’m in the Baltimore market not all places are bad here. A amazon warehouse opened up very close to the area with a lot of new stuff being built . I admit I got lucky
In the course just haven't gone through it yet. For other viewers on this channel, thoughts about transitioning/ opportunity neighborhoods? Dont have much budget but plan to stay for about 10 years and would like to get into my first place. What has been your experience?
Hi Kevin, You spoke about paying for inspections like foundation inspections and so on.. when do you pay for these inspections? After your offer gets accepted? If before how can you guarantee you get the house after you pay for these inspections?
Hey Kevin, I've been considering buying the course for a while now (I know, I know), but there is one big reason I haven't yet. I feel like I won't get all the value from the mentoring because 2019 is coming to an end. Thoughts?
For the investing course? I have no intention of stopping the livestreams at the end of this year -- can't believe it's already Aug! I'll update the description
Kevin, I want to rent out my house I currently earn (in the next year), but I want to purchase land and build a new house. What's the best way to go about this. Should I sell the house and take the 50k in equity(I really want my first rental property though), or do I build the house, then rent out the property. So many questions!
Yes exactly - 25% of students are international but they apply 95% of the same principles (taxes and some financing rules will be different but the math is the same)
hi kevin! do you have any recommendations (of course not asking for tax advice and I won't sue you bro!) for any individuals making over the MAGI income threshold that will under the 8582 loss limitations not give you any tax benefits of owning rental properties (e.g. depreciation, rental loss)? Tax code currently doesn't give any incentives for the higher earners who want to invest in properties on the side - just like you preach!
Is it possible to make money from buyjng a $60k fixer upper first home with a 30 year mortgage? Lets say I renovate it a year from now and want to resale it. $500 per month payments = $180k. Do i have to shoot for $180k post renovation value? or do i just have to shoot for above 60k?
If you buy a fixer for $60k and put $50k in, I would argue you'd want the value to be at least $150k the MOMENT you finish renovations to make sense of it. Obviously then there's rent etc.
95% of realtors are manipulative and could care less about you, kev might be one of the few exceptions but please believe he's always selling something. But most realtors are much much worst. They will sell you the dream when in reality it's the sewer
Kevin, I am not in a position to do what you or Cardone do as it regards time. Do you have concerns with individuals who invest with Cardone Capital in order to participate without the time investment?
Serge ❤ When I was 12-years-old, I temporarily lived in a house directly across the street from a public elementary school. You could hear the school bells/alarms ring throughout the day and afternoon. On some Fridays, the main office (or whoever was responsible) would forget to turn off the alarms so throughout the weekend, you could hear the school bells and they would go from 7:30am - 3:00pm. I thought that was bothersome, especially for a kid who was just trying to sleep on a Saturday/Sunday. Also, traffic in the morning and afternoon was bad because parents would drop off and pick up their kids. From my experience, I'm going to vote "No" on that house you're looking at. Also, homes near hospitals, police and fire departments get a "No" from me, too, because you'll be hearing sirens drive by 24/7/365. Ask me how I know about that.. (insert grumpy face emoji here) LOL 🤣
I feel like Hanna Barberra, from the 80s, is going to pop up and sue you, everytime you use that special voice. Lol. Jk. I can't place where I've heard it before. Where did you pick that up? Snagglepuss? Quickdraw McGraw? Lol. Perhaps I'm dating myself. Maybe more like an "Ed, Edd, & Eddie"? Or is it just your version of Carl, from Aqua teen hunger force?
I hope the older me remebers this becaus i am 15 but saving a such a i can but still having a life not like graham who never gets out of his house 😂😂and only up at night becaus of cheaper electricity🤑🤑
There will always be deals in real estate because you can get rich one home at a time living in them for one year before renting it out (or cashing out the equity) and moving onto the next one. Investors will always be looking for short term profits which leaves longer term profits up for grabs. Investors can't out bid a home buyer on price. They can only maybe do renovations cheaper. But the home buyer is figuring in what they're saving on rent so they can pay more to fix things and not feel bad about it. I'm also sure I'm not the only home seller who said "nope" to investors on principle. They all underbid the home buyer anyway, but still, they could pound sand. Whatever an investor wants to pay, figure you could get at least 20% more from a buyer. Unless you're the homeowner that made a home not even a homeowner could love.
I made a video on my RU-vid profit -- RU-vid rev is like $17k per month. On sales: Usual margin on sales (year over year) is around 75% to the bottom for sales (after employee costs, concessions, DocuSign, matterport etc).
Damn bro $17k is a shitload of money for just making videos of you talking on the camera must be nice you are sitting on a goldmine! Congrats to all your success! I know it's easier said than done making good content for youtube everyday
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