AVOID these Idiotic Mistakes of My First Rental House

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Don't make these noob mistakes. ⚠️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
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Опубликовано:

28 дек 2019

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Комментарии : 769

@kami7077 4 года назад

About to buy the investing course!!! I hope this pays off

@MeetKevin 4 года назад

You'll love it!

@EternalDuo 4 года назад

Same 😭

@marylegan2046 4 года назад

I've been browsing through it, there's a lot of good info there. One of these days I'll start at the beginning and go thru the whole thing.

@manandi573 4 года назад

So what do you think about the course

@evilheroart 4 года назад

jfish147 how much was the course?

@IvaanCroatia 4 года назад

This guy sounds like sarcastic gamer doing real estate.. I absolutely love it.

@johnclancy3998 3 года назад

I make over 10 000 USD each month thanks to FRO ZEN PA.C OM

@midwestinvest4685 4 года назад

You cant kick yourself too much for the "noob" mistakes. When you dont have any money, or very little money to spend, you do what you can to get the unit rented.

@MeetKevin 4 года назад

So true

@RidgeMallery 4 года назад

I’m in the same boat but I watch movies like this so I can prevent these mistakes when I go to buy my first rental.

@AlexKairoff 4 года назад

100%

@TheMarkoPoloProgram 4 года назад

Just work in the trades. It makes it so much easier.

@midwestinvest4685 4 года назад

@@TheMarkoPoloProgram i do work "in the trades" im a handyman/carpenter. Its the best way to invest in realestate in my opinion because you can fix and do all the work yourself.

@TallyRocky 4 года назад

No Kevin, you DON’T paint brick. Unless you want brick that won’t dry after it rains, which eventually turns your bricks and mortar to mush and you get to replace the entire mess. Bricks need air contact to dry and breathe. Former home inspector here.

@zsuzsuspetals 4 года назад

Wow this is really interesting. I didn't know that. Why do they paint outdoor brick on so many homes on HGTV? I'll never buy a painted brick house knowing this!

@GJ_DM 4 года назад

On top of these very utilitarian reasons, painting brick is just an architectural crime. You want materials to speak for themselves and not pretend to be something they're not, and painting brick is doing just the opposite. Brick is brick. It's not green or black or any paint color, it's the color of the clay that it's sourced from.

@Meyer_Nick 4 года назад

does that really make a difference if you only paint the inside of the house side of the brick?

@GJ_DM 4 года назад

@@Meyer_Nick Probably not, the reason he is citing not to paint has to do with the fact that brick in modern brick veneer construction acts as a somewhat porous, moisture-wicking hard barrier that protects the wall assembly from sun and flying debris, it's main job isn't keeping water out of the building, there's a moisture barrier and an air gap behind the wythe of brick that does that job. I can see painting the exterior getting in the way of moisture evaporating out of the air gap behind the brick, but if you're painting the inside of a brick fire place for instance, it wouldn't have any negative effects. It might in fact be helpful in the same manner that people seal the inside of their basement walls with a liquid applied vapor barrier.

@Meyer_Nick 4 года назад

@@GJ_DM thanks for the thorough response i appreciate it!

@jsmith4911 4 года назад

I like how you’re not afraid to criticize your own work, most people have too big of an ego to admit they could have done something different or had to cut corners to reduce cost

@scotthedrick5736 4 года назад

I've been using that flooring for a while. It has a paper fiber core, which means that it can swell with moisture. That problem is all but eliminated by giving it a couple of layers of Mop & Glo or something similar right after being laid down. The wax soaks into the ends and seals them, so even if tenants don't keep up the wax the floor is still significantly moisture resistant. It really stands the test of time and looks great.

@AirbnbSverige 4 года назад

Vinyl wrapping is an insanely good takeaway from this video. The kitchen is the most important part of any house, and making it look so much better at such a cheap price is great ROI!

@matthewmalijan1567 3 года назад

Prolly one of my favorite videos, the fact that things didn't worry him makes me feel more comfortable seeing those small problems in the future. Buying your first investment property is stressful, if something's wrong people will complain and problems start. If its your house you just live in it till you fix it no problem

@JasonWalter1 4 года назад

2:34 is such a great pro tip (glazing the bathtub). That saves a ton of money and time plus it looks like new. I had my client do that for their white under-mounted kitchen sink for just $200 rather than tearing it out, buying a new sink and installing new countertops ($$$).

@draganstojkovic7975 4 года назад

Except very enthusiastic approach and humor, I am blown away for your honesty - your openness to publicly confess mistakes and good will to share the lessons you learned with all of us. Thank you. All the best!

@aguiremedia Год назад

That’s what makes Kevin so awesome

@ryleeroseborough7885 4 года назад

Kevin: Puts luxury vinyl plank over lawn

@KidCity1985 4 года назад

Does it come in green??

@marylegan2046 4 года назад

Replace that roof before you end up fixing the leak damage AND replacing the roof. Don't ask how I know this.

@MeetKevin 4 года назад

do tell! How much damage did your roof cause?

@marylegan2046 4 года назад

@@MeetKevin Dunno yet, the roofers in my area are all booked solid for 4-6months. (Thanks Nor Cal fires) So far...flooring & sub-flooring will need to be replaced (please god, not the joists). The water got between the wall & the paint, so mold. As soon as I closed on the house, I used a box cutter to cut 60 years worth of paint away so I could see the damage and keep it aired out so it doesn't get worse. The top of the mold wall may have damage to the top sill. I knew this ahead of time as it had been leaking for quite a while, no one has been able to locate the actual source of the leak. The house was built in 1959 and will be awesome when I finish it. If I could only get started... And yes, I got a smoking deal on it. Replace the roof while you can.

@paulhoskins7852 4 года назад

14:40 - Chimney caps also prevent animals from entering the chimney, and potentially, the home. I've had birds get trapped in chimneys a couple times.

@SteveRam 4 года назад

Always enjoy these walk-thrus and bits of knowledge! Thx Kev!

@RidgeMallery 4 года назад

RAM Real Estate Investing it is helpful to see it more tangible rather than just a concept

@lukewiles1 4 года назад

Taking down notes... just bought my first investment property. Hopefully we can avoid these mistakes!

@trishluna1807 4 года назад

Kevin, thank you for keeping me motivated! Love your humor! Blessings!

@ChrisDAndrealifestyledesign 4 года назад

At one point I couldn’t distinguish between kevin’s sass and real advice LOL

@johnjoyce6595 4 года назад

That was most of the video for me😂

@leel8099 4 года назад

@@johnjoyce6595 Same lol

@michelleadams5609 4 года назад

Or misrepresentations.

@ShaneAndFriends26 4 года назад

I dont have your course, but currently in contract for our second property, your videos give me SOOO much info on how to do this second property better. I saved a ton doing some of your pro moves on my last unit remodel. Thanks!

@MeetKevin 4 года назад

Then Imagine what a $300 investment could make you 🤪

@RT710. 4 года назад

LOL you get me with the RuneScape references XD

@CommandoMaster 4 года назад

Runescape Real Estate investing made simple!

@two15AQhdc3s 4 года назад

Damn near makes me wanna start up a new account, lvl up and do some good old barrows.

@RT710. 4 года назад

Josh AQBUMP oh man I could go for a run right now! I was like 6 quests away from a quest cape when I quit too 😭

@zbart2202 4 года назад

I loved classic. Takes me back to high school

@droshi3464 4 года назад

bro ik xD i saw that barrows set and i got flashbacks to my bot farming days.

@summerbreeze1725 4 года назад

That roof is a train wreck disaster!!! My landlord did the same thing and waited and when it started to leak, it flooded my room and everything was destroyed. Can you say MOLD!! and much more repairs and cost. I would do it sooner, then later, it would be cheaper now, in 5-10 years it will cost more.

@conexos2007 4 года назад

I think many of his tenants watch his channel and they just hop in to better landlords

@summerbreeze1725 4 года назад

@@conexos2007 Well the more you make, the more you spend, and then your not as frugal and as careful, if you had no money, you will penny pinch more, your more careful. Buying crappy things are cheaper, but not fixing crappy things can cost more if things break down, Ebb tide, the universes way to balance things out. it basically means, You get what you pay for! cutting corners will cost more in the long run.

@OlegLozytskyi 3 года назад

Have been slowly making videos for 2+ years now and your work just keeps me motivated! Keep it up K, great content

@jamesallenrealestate 4 года назад

Great video Kevin, I really enjoy these types of videos. Love your idea about framing those old big frameless mirrors with baseboard. I just bought a house that I'm currently remodeling and it has those exact mirrors. So I think that's going to be the perfect solution!

@MeetKevin 4 года назад

Nice!! Congrats!!

@RidgeMallery 4 года назад

The Out of State Investor he does have good ideas. As I begin to get into real estate investment it’s really good that I’m a full-time Carpenter

@SparcMac 4 года назад

Runescape!

@Panic2hard 3 года назад

Surprised to see you here lol

@Propaganda285 3 года назад

He gets notified on anything to do with RuneScape lol

@crackedtvgaming 3 года назад

@steadystackin7250 3 года назад

Heyyyyy OSRS youtuber!

@sandrawong3717 3 года назад

Meet Kevin is my 2021 🦸‍♂️

@Gamumee 4 года назад

The tv cable coming out of the closet serves a purpose owner deciding where to have the cable. You have to stretch it through the attic and the wall, which is not ideal but it offers flexibility with location.

@TheExcellentInvestor 4 года назад

Glazing sounds like the way to go. I started in this field with sweat equity as well. Glad that is the past now.

@DamonLeeK 4 года назад

Gotta love that sweat equity!

@holgaee13 2 года назад

How was your experience, I’m just start

@krissygray5711 4 года назад

Thanks Kevin for posting everyday. I've been watching regularly since your BP episode. I love your content!

@MeetKevin 4 года назад

Thank you!!

@ryanharber4840 3 года назад

I love how you fit Runescape to make this enjoyable for others that are having a hard time grasping the concept. Intuitive!!

@galloxies5455 4 года назад

Amazing points! also It's a REALLY noob mistake if you start throwing carpet in the bathrooms.

@dsanti4069 4 года назад

This video really help me decide that rental investment property is not for me. That possible termite problem looks like a nightmare. So many other little details that need address , and me being so particular about everything, it would be a nightmare for me.

@serenadesiree5908 4 года назад

Love your enthusiasm and energy! Thanks for sharing!!

@solchau1 4 года назад

This man is facing all my nightmares head on. Taking care of stuff, especially a home takes A LOT OF TIME, ATTENTION TO DETAIL, AND EFFORT, not to mention MONEY. No idea how a normal person would be able to do all of this unless this they were in the real estate industry somehow or just had a lot money to throw around to get all the shit work done. Thank you for sharing.

@Realizinq 4 года назад

A lot of knowledge in these videos, im about to tell my cousins some of the tips for their airbnb and in the future implement these on my own. Thanks for the content if i was ever to buy a course in the future (right now im 18) but if i wanted to buy a course id get yours for sure, very knowledgeable guy ! keep it up

@seewhaticcurious1 4 года назад

Kevin: Not gonna replace this clearly problematic roof until it starts leaking! The rotten roof boards:

@Sultanrx 4 года назад

Thank you for sharing. A smart man learns from his mistakes. A wise one learns from the mistakes of others. - Unknown

@g.leegander 4 года назад

I'm paying attention to some of those brands you mention; that will be great for price/type comparisons, etc. Got to deal with some plumbing issues in this 70's-or-so condo. That whole bath/shower diverter/tub-stopper ensemble needs to be replaced, so that means that wall tile/drywall?, will need doing also. If I was a renter I wouldn't have to even think about all this etc., etc. - Wa-ah, wa-ah! Thanks for all you do; you really do help with your videos and information!

@theropesofrenovation9352 4 года назад

Great advice except for mini-blinds. Tenants seem to have a built in radar for mini-blinds and either remove them or destroy them. Your tenants will water the grass??????? I can't get mine to clean the damn toilet much less water the grass.

@Bozogumps 3 года назад

Well he said he wished he HADN'T used the mini blinds.

@theropesofrenovation9352 3 года назад

@@Bozogumps Oh ok

@theropesofrenovation9352 3 года назад

@@jayc4715 'tis true!!!

@theropesofrenovation9352 3 года назад

@@jayc4715 Me either!

@sku32956 4 года назад

Agree on Vinyl planking ,I gave up on tile showers they never keep it clean ,buy a upper end kit for the shower walls and floor .Don't buy gas stoves use electrical ,I install left over granite buy super cheap .Install gutters that way the water will not wrap around the wood causing rot .

@JESUS_IS_GOD 4 года назад

You're awesome Kevin! Great Videos as always!! Happy New Year Pal

@superandreanintendo 4 года назад

7:40 this is basic stuff they teach in designing at surveyor school. Do everything based on 60x60cm blocks and add 1 cm to both ends. Way better then the old way of specific designed furniture

@adolpholiverbush5867 4 года назад

Kevin I work at owens Corning making those shingles. Those things have lost all granules (rock) and the asphalt to to the point it's down to the fiberglass matt.. that roof is beyond cooked that's why it's so spongy, it is leaking lol

@michelleadams5609 4 года назад

Yes, in the paperwork for this house, they stated it needed a new roof.

@alexvirola864 4 года назад

Looooooove the knowledge Kevo. Man.... I gotta hurry tf uuuup. Keep up the good work dude

@nikkiyajtv 4 года назад

Really good to know! love your real estate vids! Thank you Kevin!!

@johnhaller5851 4 года назад

The problem with solid doorstops is that unless they are out of the traffic flow, they will get kicked and break out the baseboard. The same thing happens if it's not exactly straight, and someone leans on the door. I'd rather replace the doorstop than fix the baseboard.

@anthonyalford7093 4 года назад

If you are walking a roof you should never step in a valley. There is a chance the felt underneath could be stretched and torn if you step in the valley.

@MeetKevin 4 года назад

good point! Thank you!

@Yazevo 4 года назад

im still a simple man, i see an rs reference, i like the video.

@two15AQhdc3s 4 года назад

Same

@Me-ur5fg 4 года назад

Wonder what his total level is.

@JamConcerned 4 года назад

Looks like the roof hasn't been replaced for 20 years.

@paulmalhi5003 4 года назад

Here’s another tip guys. When you do a property inspection. Make sure to check the air filter on the ac unit. Tenants most likely will not change them and this could be very costly later on.

@thelegoone153 3 года назад

Wow ben Affleck. To be nooby with your first property Now you are passing all that wisdom to all of us. Thanks

@stephengardnerinvestment7749 3 года назад

THANKS FOR WATCHING! WE REALLY APPRECIATE YOUR COMMENT! FOR FURTHER GUIDANCE KINDLY::TEXT ME +.1.3.3.0.4.0.6.9.2.4.2.

@pablozebadua5482 4 года назад

I love the consistent LVT. I would have loved to have a different tile (more into the light colors) for the bathroom floor since it's a more hygienic approach. But I get the problem that you had regarding matching the beige tiles in the shower. Anyways good investments everywhere GJ.

@DesiOrozco 4 года назад

Purchasing your personal finance course on tuesday. 👊 I'm excited.

@DesiOrozco 4 года назад

@@lostintime8651 thanks man, have a great day :)

@lostintime8651 4 года назад

Warning: Don't use ceiling fans on plaster ceilings. The vibration will loosen them up and they come crashing down. BOOM!

@marylegan2046 4 года назад

Good to know!

@xteric1 4 года назад

OMG 😱 I was about to do just that

@Meyer_Nick 4 года назад

thanks for the tip!

@iohin 4 года назад

That’s nothing. Wait till the roof falls down on the tenant 14:54

@MyGoogleYoutube 4 года назад

A ceiling fan should be secured to the joists. Not the ceiling.

@davidreyes2693 3 года назад

Hey Kevin, I absolutely love your videos. I just started watching them a few weeks ago and I am hooked. A buddy of mine introduced me your stock market videos but I eventually stumbled upon your real estate videos. I would of rather spent 4 years learning from you instead of 4 years in college. I wanted to reach out and offer my services to you. If you ever need anything roof or deck/patio related I’m just a message away. I’m currently 25 and own a roofing company here in Southern California and it would be an honor to serve you. Keep killing it man. Thanks for paving the way for young enthusiastic entrepreneurs.

@davidreyes2693 3 года назад

Also,.... RUNESCAPE

@revolver_bob-cat443 Год назад

Loving the RuneScape references. After watching a ton of your videos, I am learning that you and I are very much alike. Pretty good to have a real estate role model. Even if I lve never met you. Thanks for the videos!

@np6697 4 года назад

The Edits in this episode were so great, lol. Thank you Kevin!

@taylor_o 4 года назад

I like how you are always walking around!

@kameronrichardson3504 4 года назад

Hey Kevin . Quick tip. I am a chimney professional in Tennessee. You stated that you put a cap on the flue to prevent water, but all of those cracks in the mortar between the bricks on the chimney will leak like no ones business. Have a mason do some various tuck pointing on it

@oyster3145 4 года назад

6:45 I agree you should have vinyl wrapped the bathroom counter top but the kitchen one will be used to prepare food. A knife or other sharp object would damage and expose the vinyl and the tenant would have to peel it off.

@rexzhang5820 3 года назад

Very Nice points, Kevin, subscribed, thank you for the lessons

@MikeN5 4 года назад

Closing on my first house Monday. Plan on house hacking and turning it to a rental in a year or two!

@PassiveIncomeTom 4 года назад

Nice work Mike!

@syguzman5739 4 года назад

MPF 💚 Make sure you lay down the boundaries with whomever you are house hacking with to avoid dealing with hassles later. I think a multi-unit property is better for house hacking because you have your own little place as opposed to sharing a house where you have to see each other frequently and have to share common areas. I can't house hack ❌ I need my space and I like my privacy.

@moonbentley7412 4 года назад

Mike's Personal Finance thts awesome to hear i wish to be able to do this in California soon...

@RONNYBEZAN 4 года назад

No Tet rov bpa

@mikenassau9201 2 года назад

Thanks for being transparent and sharing your mistakes

@rentospropertymanagementso4895 3 года назад

Very helpful tips. Thank you for sharing.

@jetah50 4 года назад

just by the little I see on that roof. it's dead, jim. It needs to be replaced!

@bendiii2390 4 года назад

Yes some of those joists need to be replaced. Also the valley on the top of the roof is not done properly, there is most likely lots more water damage.

@theuniverseamongus9601 3 года назад

This video had me laughing the entire time, it didn't feel like the usual boring classes that most people have. Learned alot while enjoying the comedy. The video was like the no cover on the electrical box while power washing, it will was a shock. Thanks

@BaxterPersse 4 года назад

Great value as always Kevin. The GOAT

@claytonjames4779 2 года назад

Sprinklers are a great idea, I've installed them in all the houses I own. Plus, if they don't water, there goes your lawn and plants

@ahmadboudhak9369 4 года назад

I loved the infos that you gave on this, thank you

@julianmiguel6496 3 года назад

humility definitely allows for a boost in reputation and wisdom, thank you for sharing!!

@stephengardnerinvestment7749 3 года назад

THANKS FOR WATCHING! WE REALLY APPRECIATE YOUR COMMENT! FOR FURTHER GUIDANCE KINDLY::TEXT ME +.1.3.3.0.4.0.6.9.2.4.2.

@TheInroad 4 года назад

man sometimes I just wanna binge runescape for a weekend for the nostalgia of it. Then I remember I have a wife and kid.

@moradimedia3171 3 года назад

lma0o0o - come pk for an hour every now and then, or PVM whichever. Cant believe kevin added the rs graphic lmao. Pog

@AmbientAuteur 4 года назад

They still make those retro sprinklers? In the early 1970s, those were something kids splashed in on hot summer days! BTW, always enjoyable and high-value presentations. Love the goofy humor too. Thanks Ventura Man!

@martinlopeziii3184 3 года назад

Gotta admit! I almost clicked away during the 1st few seconds but I'm glad I watched the video in its entirety. Very informative and entertaining video!

@aaronpops4108 3 года назад

cool thing about lvp: It barely expands/contracts, so you can usually install it as one section on the whole main floor/basement.

@handymanjourney 4 года назад

Thank you for all your info!!

@ruyboxe 4 года назад

Im from another country, but as a landlord, I made the same mistakes.. This video is very useful for everyone, everywhere.. Not just for EUA.. Thanks!

@abacab87 4 года назад

I think when stainless steel goes, it will go quick and fall hard. Something similar happened with golden oak, it was used heavily for 15 years, then about 2003, everyone hated it.

@wildb4206 3 года назад

No tile in rentals! Unless you want to hire someone for several hours to clean and/or re-grout every few years.

@AustinAirCo 4 года назад

Door stop, the spring one versus the rigid one... Yeah I thought it was a pro move to do the rigid one as well except that the rigid ones get stepped on and bust out the base board that it's screwed into. So I think the springy one's are better, if someone steps on them they don't tear up the base boards.

@alexdimov3623 4 года назад

@meetkevin @4:40 you mention to get the solid metal door stops, not the springs. I disagree. When someone accident stepped on a solid door stop at my house, it immediately broke the baseboard that it was attached to. Our fix was to get a longer screw, and screw on a spring door stop into the same hole so we don’t have to change the base. But never again will we be installing solid door stops.

@buddycherrix4837 4 года назад

This type of video is the best. Keep this content coming.

@jamesknightreading 4 года назад

I think you need a new roof Kevin. The last thing you want is having to repair damaged ceilings when you have a tenant installed.

@PassiveIncomeTom 4 года назад

*In my 2d rental, I made the mistake of hiring a cheap gardener to remove an ugly looking cactus. Well, let's just say he didn't finish the job and wanted more money to remove the 12 inch cactus stump. Cheaper is not always better.* 😉

@lolitajo3416 4 года назад

thats your fault, you should have removed it by yourself. its really not that complicated.

@tjblackmore7863 4 года назад

When does the coupon code for the investing course expire? Looking forward to signing up and seeing you in Vegas.

@garrisonbuildz 4 года назад

its amazing how much difference the real estate value is in you area compared my area in north east PA $490,000 here can buy you a brand new 3,800 square ft mini mansion if not more

@BudgetGirl 3 года назад

you did an absolutely fantastic job! thanks for teaching!

@impulsepdr2175 4 года назад

Great informational video. Surprisingly didn't seem gimmicky or salesy at all 👍👍

@amykorotki9133 4 года назад

For me having a pressure washing and sealing business in Los Angeles that pun was hilarious

@maxprado9030 4 года назад

Great video! Very informative.

@gregson8533 4 года назад

Kevin, What would you recommend instead of mini-blinds? wooden blinds/vertical/Velux? Video idea: can you do a home-depot series or something, telling us what paints/fixtures you recommend?

@coherentpanda7115 4 года назад

They have several videos with his wife together at Home Depot recommending different fixtures. Dig around his channel and you should find them.

@Kingkong9099 4 года назад

Just thinking of the VCT and tile and dam even if there is water damage ya only have to take down walls and insulation.

@ryan_cuddy 4 года назад

I just learned about vinyl wrap and am now thinking about putting it in my rental. Does it hold up well?

@syguzman5739 4 года назад

If the Devil has a pitchfork and the Grim Reaper has a scythe, is agriculture a major industry in the underworld? 🤣

@RidgeMallery 4 года назад

Sy Guzman well said

@ericedwards12 4 года назад

😂😂😂

@davidcollett4037 4 года назад

Advice please Kevin, starting out am I best to go for your real estate investing or real estate sales program?

@eduardoalonso692 2 года назад

Man I love Kevin just for putting or allowing the editor to put Runescape figurines. ahahaha

@emmanuelgutierrez8616 3 года назад

You can use 2 slim rolling racks on the sides of the oven.but maybe the top tray has to be some solid piece of stainless steal or wood atleast for oil pops while cooking. I got mine from Walmart for like $25 for side of fridge.

@meetkevin2346 3 года назад

Thanks for your feedback for more guidance I can link up with something new..T..e..x..t..M..e..➕..1️⃣..5️⃣..3️⃣..1️⃣..3️⃣..3️⃣..3️⃣..2️⃣..5️⃣..6️⃣..8️⃣..✉️ ✉️ ✉️