My grandparents had apple and pear trees. I can’t believe nobody was using them!!! As kids we all would drive my grandpas tractor to the Apple trees and eat apples and pears playing outside all day!!!
Like it or not you have to be willing to raise rents as a landlord if you want to make as much ROI as possible. Investing is about making money period, he's being fair giving them a slight discount compared to market. The guy is driving a Huracan for a reason
Find the worst when I was 18 I asked for a personal loan from my father to buy some property. Things would definitely be different now that I am 32. Well I might be late to the game, but I suppose being late is better than never making it in the first place. I plan on making some crazy sacrifices if necessary, including having to move out east away from home if that means I can get started with real estate. I’m tired of being a slave after all to the office and definitely need a financial change in my life.
Great job Chandler! Glad you’re still killing it in real estate! In these videos, can you go over a little more of the financing? Hard money? Like if credit? Cash? Commercial loan? Just wondering how you decide to structure your deals financing! Thanks man!
I bought my last property in April, it was not affordable, however it is a perfect investment, I spent 700k and it's worth it, now I'm moving profits from stock investment to my real estate portfolio.
its a business, those people who think that LL should be charitys are nuts and clearly never ran a business and seen the work it takes to be a LL and the risk one takes. risk requires reward
@@Sephiroth4luvrs because you think the tenants would manage a 5 unit property better themselves? One or two might try to keep it looking nice for awhile but the other three would freeload and cause enough resentment that the good tenants would leave. Communism doesn’t work with actual humans, great for robots though…
Does anyone have rental properties in LA county? If yes, how has Tenant Protections Resolution phase II, which protects low-income households in Los Angeles County from eviction for nonpayment of rent, has affected you so far? I am considering to buy a multifamily in LA County and rent it out, but if the tenants stop paying the rent and the law is on their side, how would a landlord pay the mortgage? Thanks.
Don't invest in democrat states, you will not be able to get them off your property for months, you will have to pay out of pocket...i dont recommend it.
Chandler i had a quick question. when you do the paper work for the title company between the seller and buyer does that have to be notorized ? and just make two of them one for each of us , i dont have a printer at the monent ~ Thanks
My wife and I just listed our first AirBnB. But the home we have, we currently have 450k in home equity. Our income has dropped though due to poor markets for my work, I sell solar but live in a small town and just got completely obliterated. Anyway, we don't know if appartment investing is feasible. We just need a few sentences worth of advice and maybe how to go about doing this or if it's even a good idea. We are both 23 and are married. We both have 750+ credit
Love your channel Chandler... if I could have 1/64th of what you have in 10 years I'd be happy...Where are you?? KS, MO? My 5 plex is worth $3.4 million....
in San Diego, 5 unit 2-bed 1 bath now is asking $2,100.000 with super low rents. bank only will give %46 LTV ,,, wow where you at is super super cheap to buy... funny parts that they have few full offers on it... my offer was $1,875.000 was turned down.
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FYI: All these apt investor are just causing “INFLATION” just let that set in. That’s how greedy they are. They are already wealthily and now demanding more money from increased rents. They like to say they bring value when they invest. Then increase rents and kick people to make more money. It sickens me. There’s a special place in hell for people who practice this. I would sell all my properties and invest in a more moral business model. Hell awaits you and your love for money…..
Hey thanks for the content and the updates! I got into realestate almost 2 years ago and have 15 doors now (I'm addicted.) Gonna close on another 20 doors next week. Just want to say to everyone out there that doesn't think they can do this. If you educate yourself, know how the numbers and are willing to put in the effort. You don't need to be rich to do this. I have put in less than 80k into my properties and have "Net!" Income of 3300 per month. Deals are still out there. Once this next deal goes through i'll have another 1300 per month income with 0 of my dollars in because I have a partner that's putting up the money. Be smart, be aggressive about finding deals and look to solve problems... for someone who doesn't have a lot of money it's all about solving problems and being there at the right time.
Even with the current dip in crypto currency’s, I’m still glad I can smile 😊 back at my portfolio of $64,200 built from my trade, I’m having my fourth withdrawal in 14 business days😊