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Spending $100 Million on Real Estate: Seattle, Washington [HouseHack Trip 4] 

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❤️❤️❤️Valentines Day FLASH SALE 💕69% OFF💕 metkevin.com/join | Member-Only Streams, Massive Team Trading Challenge, PRIVATE Q&A, Fundamental Analysis, and More. ❤️❤️❤️
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Videos are not personalized financial advice.

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13 фев 2023

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Комментарии : 103   
@maintreevent1325
@maintreevent1325 Год назад
Me when I heard Renton, “ohh nooo.”🤦🏽
@deweyp2376
@deweyp2376 Год назад
I guess there are a few spots in Renton where you wont get shot!
@nathanryweck3137
@nathanryweck3137 Год назад
I'm from Seattle and I've lived in California and I missed the rain and all the green trees and snow covered mountains and blue waters everywhere. Come back in May.
@zepolydna
@zepolydna Год назад
i love binge watching these videos thanks kevinn!
@vexxcloud5543
@vexxcloud5543 Год назад
Bellevue and Issaquah are not fair comparisons as both those areas are much better off than Renton and cater to larger incomes.
@milty66
@milty66 Год назад
they've tried improvement projects over the years but have mostly failed- if Renton your best bet is on the 900 towards Issaquah where you are getting the benefit of Issaquah School District.
@MyNameIsLA
@MyNameIsLA Год назад
With $25M cash, buy multi family.
@TiagoRamosVideos
@TiagoRamosVideos Год назад
The windshield is back! 🤣👌
@markushammond982
@markushammond982 Год назад
Greater Seattle areas to invest: Totem Lake, Bothell, Tacoma. You should also check out Spokane. Everyone is moving east of the mountains for better weather, nicer humans, and more affordability.
@candymanAM
@candymanAM Год назад
Spokane and tacoma are the worst places to live in wa. Unless u wanna join a Gang then it's great
@d4kes
@d4kes Год назад
Got to see the real Spokane, WA on Live PD ... and no thank you!
@StopStrugglingNow
@StopStrugglingNow Год назад
How is Kevin choosing real estate areas to invest in? Didn't really need to fly to Renton area to know not ideal, especially for single family homes...
@ALLworldCONSTRUCTIONLLC
@ALLworldCONSTRUCTIONLLC Год назад
Good job, keen eye. Good to see you in the field again
@PainBlame
@PainBlame Год назад
6-9 months to evict someone. You lose more than half the yearly income from the property... We don't do more than 2 months. I'm actually in the process of editing a video of the gutting/remodel we're doing right now of the entire home.
@samk1227
@samk1227 Год назад
You can vet renters ya kno
@PainBlame
@PainBlame Год назад
@@samk1227 Of course, We do the basic. But the location of our properties make it tough to find someone who doesn't have a criminal record, LOL
@Socalarborist
@Socalarborist Год назад
That’s where my real estate journey started. Bought a 2bd/2ba condo in Mountlake Terrace, Wa for $79,995 in 1997!! 😮😮
@MrCPPG
@MrCPPG Год назад
Renton is a high crime place I would never live in.
@connormorehart3533
@connormorehart3533 Год назад
Great content!
@Marshall_Macro
@Marshall_Macro Год назад
You were in my backyard! Great place for long term properties, but Renton is definitely an area where location matters. We bought In a more expensive area (Kirkland), and for any rentals I would stick to the nicer areas to avoid potential issues. Not as good for profit probably, but much less hassle
@davidlakhter
@davidlakhter Год назад
love these videos!
@brucebradburyIII
@brucebradburyIII Год назад
I’m freaking out! I love in Renton. Come visit, Kevin!
@Socalarborist
@Socalarborist Год назад
You should look at Central Valley of California. Tons of wedge deals.
@tatwis64
@tatwis64 Год назад
Don't buy there. Horrible calamity coming.
@ivtec4fun55
@ivtec4fun55 Год назад
We use Iron on the roofs, Iron Out or Moss Out, apply it a couple times a year.
@ivtec4fun55
@ivtec4fun55 Год назад
and Composite Decking.
@2ferone86
@2ferone86 Год назад
Why would someone with Kevin's resources want to acquire residential rentals? I get the cash flow aspect, but I'd much rather have commercial properties.
@chadavila2267
@chadavila2267 Год назад
We've used sundea... fustrating when you win the bids to then find out they don't have a contract and then start negotiating higher than the winning bid. I have since quit using them after multiple bids won to then have them come back 100k+ over.....lol
@paulconner4614
@paulconner4614 Год назад
The thing that surprised me about Seattle is how little effort they put into the outside of the homes. You have all these home that look great on the inside and look like dumps on the outside.
@FinancialToolBuilder
@FinancialToolBuilder Год назад
Cause nobody want to work in the rain :D
@grantmcbride2238
@grantmcbride2238 Год назад
I live here. The weather isnt as bad as you guys make it out to be. The access to outdoors as close to a major city cannot be found anywhere else in the US. We are 2 hours from Vancouver, BC. 3 hours from Portland. Not saying it's perfect but bad weather and slightly depressing people are the major issues.
@rightright6582
@rightright6582 Год назад
How much is the per hour cost for Embrear 300 ex @400 hours per year? If u r paying more than $2000 block hour, it is better to rent it way better...
@Israelxox
@Israelxox Год назад
Everyone is leaving, the old man didn’t got the main reason you’re asking 😂😂😂 I didn’t expecting that as well, omg 😂
@paulconner4614
@paulconner4614 Год назад
So is Kevin just learning the area. None of these look like the type of houses he goes for. He normally looks for more outdated houses he can pick up cheap and do some updating on.
@milty66
@milty66 Год назад
living in the Seattle area for 15 years, up until 1.5 years ago, this video reminds me all too well of why I left; that oppressive rain. Had a few properties there, but divested as the local leaders didn't de-incentivize crime and endorsed lawless "zones"
@1fattyfatman
@1fattyfatman Год назад
Only credible comment on here. Still in Seattle but it’s sort of like a libertarian utopia where most crimes aren’t even responded to anymore. The only thing keeping the place going is naive investors looking for places to put ill gotten funny money like Kev.
@2ferone86
@2ferone86 Год назад
That's unfortunate. Hopefully you realized some decent returns. I think everything is pretty much socialized though if you think about it. Everything from persecution of crimes to bank Bailouts to "emergency fiscal policy" costs money or purchasing power, or both. Rent control, eviction moratoriums, etc. Seems like the only way to avoid counter party risk is holding bearer assets like PMs and Bitcoin but those don't produce yield. 🤔
@jamesa4958
@jamesa4958 Год назад
Realtor at 6:05 seems great. Awesome video
@aggerleejones200
@aggerleejones200 Год назад
I guess it depends on what you are looking for but not a big fan of Renton. If you are looking for the burbs I'd look North. Much better areas than down South.
@milty66
@milty66 Год назад
Renton is similar to some of the seedier areas of Pompano/North Ft Laud.
@jeebusk
@jeebusk Год назад
I believe in looking at areas that aren't considered "nice", or "better"
@milty66
@milty66 Год назад
@@jeebusk boring is good. Overlooked is good. Areas known for shootings and violence are not good investments.
@jeebusk
@jeebusk Год назад
@@milty66 depends on your goals I guess, mathematically I'd rather invest in an area that goes from really shitty to moderately shitty (and increases by 50%) than an area that goes from really nice to moderately nice (and decreases by 20%).
@milty66
@milty66 Год назад
@@jeebusk sure, but it's probably safer all-around to invest in no-name areas as of 2009 ( Issaquah/Woodinville) and see it raise 400%
@OscarTheScrapper
@OscarTheScrapper Год назад
IF YOU'RE SAD ABOUT BEING ALONE ON VALENTINE'S DAY, JUST REMEMBER NOBODY LOVES YOU ON THE OTHER DAYS OF THE YEAR EITHER.
@1fattyfatman
@1fattyfatman Год назад
Mom?
@kevinphamamericalife3340
@kevinphamamericalife3340 Год назад
Thanks for visiting my Seattle home town
@michaelmourek3879
@michaelmourek3879 Год назад
Funny - nice looking green suit - I want to buy it "The Suit" - how much money?
@pedrohernandez-kd9ry
@pedrohernandez-kd9ry Год назад
Very true.
@calvinthestormfreak
@calvinthestormfreak Год назад
Earthquake insurance??? Idk what’s going on with some of the fault offshore. It has been like stuck for 40 years it looks like
@bodyloverz30
@bodyloverz30 Год назад
I'm surprised the agent was legally able to say these things, it seems very close to "Redlining', which is Federally prohibited.
@1fattyfatman
@1fattyfatman Год назад
Imagine having an 8 figure net worth and a private jet just to spend a few years losing money as a slum lord.
@vmrosales3
@vmrosales3 Год назад
Thanks for these videos. These type of videos were my original inspiration to buy real estate. Appreciate your work
@michaelmourek3879
@michaelmourek3879 Год назад
Funny - better off finding a vacant lot and renting trailers
@woodnmoodbykristina
@woodnmoodbykristina Год назад
Welcome to Seattle!! 🎉
@joerice4390
@joerice4390 Год назад
Everyone wanting to leave, any guesses as to which party runs that state
@mariomaro7
@mariomaro7 Год назад
Huyaaa!!
@PCUTAH5
@PCUTAH5 Год назад
Hi
@surreshk
@surreshk Год назад
24:47 I think there's a dead body out there 🤣1 owner home, probably the owner itself
@Israelxox
@Israelxox Год назад
Check Bellevue, Wa. That’s one of the best location in the world. I can tell you that with 100% assurances
@milty66
@milty66 Год назад
sorry, but they did nothing while the Bellevue Square Mall was broken into and looted, and the attempted looting on the Bravern
@amintabi
@amintabi Год назад
I live in Seattle area. For decades Boeing was the largest employer in Washington State. during the pandemic Amazon and Microsoft overtook Boeing. and the largest aircraft manufacturing in the WORLD is to the north of Seattle. In the city of Everett. BTW I’m a real estate agent.
@amintabi
@amintabi Год назад
Forgot to say that Boeing is actually hiring 10k people. Take care bro.
@sivatimepass
@sivatimepass Год назад
I live in Seattle you nailed the real estate situation perfectly as tech layoffs, remote working and high cost of living finally bad weather. People are moving out are more now than moving in undoubtedly to sun belt states. Thanks kevin for the video
@paulconner4614
@paulconner4614 Год назад
Still not seeing any real effect on prices yet. They went through the roof in 2020-2022 and has barely turned down.
@sivatimepass
@sivatimepass Год назад
@@paulconner4614 because homes are just sitting from last 200 days, 150 days as no buyers and sellers don’t want to reduce eventually as homes flood the market obviously who wants to sell quickly they have to reduce the price
@paulconner4614
@paulconner4614 Год назад
@@sivatimepass I hope your right. My son is out there and would like to buy a place but he can't afford the current prices
@michaelmourek3879
@michaelmourek3879 Год назад
Funny - if you buy that house your tenants will file a lawsuit against you for environmental problems -
@Israelxox
@Israelxox Год назад
Handsome - dealer 🔥🔥🔥
@wwbaseball94
@wwbaseball94 Год назад
Doesn’t Ben Mallah invest mostly in Florida and he’s atleast 10x bigger than Kevin? Why does Kevin think he needs to buy a jet and master 30 different markets
@cryptoinside8814
@cryptoinside8814 Год назад
All I heard from Kevin is that he'll spend $100M, mainly bank's $, but I don't see anything spent yet ?? You got the loan already, I assume ?
@stans9293
@stans9293 Год назад
I think I'd rather fly business/first class commercial
@jgg204
@jgg204 Год назад
Flying to 1 area and buying 10 properties at once? Wishful thinking....I'm not sure what kind of crash you think is coming. But I think you will be disappointed
@rightright6582
@rightright6582 Год назад
He knows that in 2011 u could buy 100 propertiea for pennies on the dollar, those communities were called ghost towns in Vegas, we even had paid tours to visit them
@jgg204
@jgg204 Год назад
@@rightright6582 You think that's hjappening in the next 6-9 months? wishful thinking my friend
@BarkBark39392
@BarkBark39392 Год назад
Kevin should think about looking into somewhere near Atlanta. Consistently ranked one of the best places to live and new construction is consistent with lots of new jobs coming in.
@MADMAX7330
@MADMAX7330 Год назад
@44:43: Look at Kevin asking good ole Vietnamese folks go back to where they came from 🤣
@bodyloverz30
@bodyloverz30 Год назад
Vietnam is a hell of a lot better, than that whole area: most of Vietnam is a paradise, compared to this rainy hell. Just as/more dreary than UK!
@MADMAX7330
@MADMAX7330 Год назад
@George B I wouldn't doubt that anyday 😃
@rightright6582
@rightright6582 Год назад
What is the index of net people moving in? Moving in vrs moving out, more number crunching less talk head, all due respect to the followers
@veronicadavidson4487
@veronicadavidson4487 Год назад
My boo boo has his Jet back. Nice sweet pea. Missed these videos love. Good night boo boo. See you tomorrow morning sweet pea! 🎆🎇✨🎍🎑🎀🎁🎗
@artkrueger8312
@artkrueger8312 Год назад
Does anyone in Seattle pay their rent? I thought that was democrat antifa country?
@NichoD3
@NichoD3 Год назад
You sound so ignorant
@shinymew2887
@shinymew2887 Год назад
@Worst Case Scenario life must be hard for The Democratic People's Republic of CHAZ.
@hotmess7846
@hotmess7846 Год назад
Very cringy episode
@michaelmourek3879
@michaelmourek3879 Год назад
Have the seller sign a document - saying no environmental problems - then hire 3 Jewish Lawyer - enough said -
@thegoodchad3578
@thegoodchad3578 Год назад
Wouldn’t piss on Seattle if it was on fire
@blairstevens6520
@blairstevens6520 Год назад
is house hack a target for defund the police, overrun by homeless democrat cities?!) asking for a friend
@paulconner4614
@paulconner4614 Год назад
Except the Police were never defunded. They moved a few departments like 911 to a different department but that was it. However, the Police did get their feelings hurt and appear to have stopped doing their jobs.
@DELTACO..UBERDRIVER..STOCKS..
this guys deserves our money, so informative
@bodyloverz30
@bodyloverz30 Год назад
Kevin unlike you, everyone who is not Leftist, is leaving Democrat states!
@thegreatbeluga8224
@thegreatbeluga8224 Год назад
I hate how Kevin just is part of the problem. Real estate should not be an investment. It should be affordable.
@ALLworldCONSTRUCTIONLLC
@ALLworldCONSTRUCTIONLLC Год назад
Lol, guys like Kevin educate and keep the money moving. Guys like him actually keep places maintained and affordable. You should keep educating yourself on economics and you’ll know what you said it rude and negative with no validity.
@randomsonmymind6919
@randomsonmymind6919 Год назад
Kevin will be providing people who can't afford to buy a home with a place to live.
@nickh2053
@nickh2053 Год назад
I hate how you’re another uneducated fellow.
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