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Just Bought 29 Homes for $58,000

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Meet Kevin

Meet Kevin

4 жыл бұрын

Let's analyze a deal: 29 homes for just $58,000. Learn the psychology of investing & making money, NEW 40% off Coupon code ImNotLeaving 🔥🔥🔥 Lifetime access to programs on building your wealth & new updates in stocks, real estate, management, sales, or KZfaq. metkevin.com/join Want deals off market / before they hit the MLS? Checkout metkevin.com/d... for DealMachine!
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Пікірлер: 1 300
@palillo2006
@palillo2006 4 жыл бұрын
You really should do a follow-up in a year. Just to see how it turned out and talk about final numbers. I really am sceptical on those reno costs.
@adolpholiverbush5867
@adolpholiverbush5867 4 жыл бұрын
Low cost areas are low cost compared to Cali.. I live in Indiana probably 45 mins away and can tell you I'm not at all skeptical.. buying bulk like he does and working yourself cuts the cost to 25% on a perfect deal..
@budscoinsandvariety2326
@budscoinsandvariety2326 4 жыл бұрын
Park equals cash
@drjsantos15able
@drjsantos15able 4 жыл бұрын
I lived in a trailer and paid only $300 for lot rent +Bill's so it's a cash cow if you do it right
@prestonshamp8158
@prestonshamp8158 4 жыл бұрын
@@adolpholiverbush5867 yeah I live in central Ohio AND work in the construction industry and that's doesnt sound far fetched to me at all.
@Zaprixa
@Zaprixa 4 жыл бұрын
yeees
@Arw0809
@Arw0809 4 жыл бұрын
Brandon seems like such a great guy. He is grinding and his heart is in the right place
@MeetKevin
@MeetKevin 4 жыл бұрын
Couldn’t agree more
@Reverend-Rodger
@Reverend-Rodger 4 жыл бұрын
He's what we in the UK call a grafter. The world needs more grafters and less snowflakes.
@caseyandmaxtv
@caseyandmaxtv 4 жыл бұрын
I agree. He is a hard worker with good intentions.
@nikitatelnovas9779
@nikitatelnovas9779 4 жыл бұрын
Actually in the left place
@fakenamenotreal5545
@fakenamenotreal5545 4 жыл бұрын
@@caseyandmaxtv I dunno, seems like he's trying to fleece broke people in the middle of Ohio. He's making too much money on what equates to barely livable housing to unfortunate people.
@qwhouser
@qwhouser 4 жыл бұрын
I purchased 40 mobile homes in Topeka for $8,000.. Total. I’ve already sold $290k worth of the homes and I’m only half way through the portfolio!
@JohnDoe-gc1kt
@JohnDoe-gc1kt 4 жыл бұрын
Damn that's nice. Do you live there?
@qwhouser
@qwhouser 4 жыл бұрын
John Doe yes I do
@JohnDoe-gc1kt
@JohnDoe-gc1kt 4 жыл бұрын
@@qwhouser are these other deals like that
@qwhouser
@qwhouser 4 жыл бұрын
John Doe yeah those deals can be found anywhere.
@TheDumbassstunts
@TheDumbassstunts 4 жыл бұрын
How do you find these deals?
@khalidabdulkadir3410
@khalidabdulkadir3410 4 жыл бұрын
If it were me I would fence off the place, hire security, and include a laundromat and vending machines.
@kazykamakaze131
@kazykamakaze131 4 жыл бұрын
If you watched the clip you hear there is a laundromat already.
@paradox5434
@paradox5434 3 жыл бұрын
@@kazykamakaze131 he owns one no clue distance but he could do a second for the tenants to come and others also will
@charruz
@charruz 3 жыл бұрын
How about. Good, honest and stern but personable, dependable PM, who lives on property for free and with also a fair monthly stipend, who does some nominal maintenance/repairs around community, who has weapons training from military and trained pit bull? Along with a couple security cams along area? That way. Someone gets a place to live, with a bit of salary, and who could also give back by keeping community and tenants in proper and safe working order, and due to saving enough by such living arrangements, that person can also grow by being able to invest extra $$$ into other RE, stocks, BC, bonds et al
@user-xc3yb1vk2e
@user-xc3yb1vk2e 2 ай бұрын
@@charruzdosent matter how stern they are, that this place needs ain’t a new PM 😂 it needs to be fenced in with 2 full time security guards
@LiLBitsDK
@LiLBitsDK 4 жыл бұрын
You gotta admire someone like Brandon, trying to do GOOD for less fortunate people WHILE also makinga dime.
@waltermh111
@waltermh111 4 жыл бұрын
@Marshall W But that isnt every trailer park owner, and we dont have evidence that it is what he does. Also, considering how much he has to do to keep these places in shape, aka livable, it isnt surprising that mobile home owners have to raise the rent each year. They rent to high risk people.
@waltermh111
@waltermh111 4 жыл бұрын
@@95SlideNissan He is trading money for work. Its 8 months of hard and possibly dangerous work. Its an honest days work and you can tell he is proud of it. I would be too. I love it myself. He will be earning his million, but I am sure he will make it work in the end.
@FaithandNova
@FaithandNova 4 жыл бұрын
@Marshall W what the difference from every other investor? Even in nice apt complex their ripping ppl off
@LiLBitsDK
@LiLBitsDK 4 жыл бұрын
@francesco deminelli of course he does it to make money but he is still doing some good anyways... and trailer people? aren't they ppl like the rest of us? they still need a decent home no?
@LiLBitsDK
@LiLBitsDK 4 жыл бұрын
@francesco deminelli guess you are clueless about how you make money without being good and considerate to others and sounds more jelly on him making money, maybe you live with a slumlord yourself? sounds like it...
@Realpacotaco
@Realpacotaco 4 жыл бұрын
Brandon the type of guy that knows a guy for everything
@kylecorreia4919
@kylecorreia4919 4 жыл бұрын
I see a bubble coming.
@kylecorreia4919
@kylecorreia4919 4 жыл бұрын
@francesco deminelli network, network, network. Its very easy to make friends with nearly anyone.
@kylecorreia4919
@kylecorreia4919 4 жыл бұрын
@francesco deminelli There's friends that you have fun with and make money with.
@kylecorreia4919
@kylecorreia4919 4 жыл бұрын
@francesco deminelli we all need money to survive. If you find people you mesh with well. You get more done and you make more. And you have fun.
@paulwisdom5383
@paulwisdom5383 4 жыл бұрын
It's not what you know it's who you know as they say!
@cryptofists2412
@cryptofists2412 4 жыл бұрын
You’re going to need 24 hour security patrol once you start Reno. If not 8 months of work could be wiped away from 1 night of squatting thieves.
@stargateproductions
@stargateproductions 4 жыл бұрын
Yeah, going to need some sort of security. Really what you need is a property manager that lives on site, collects rent and keeps an eye on the park. Preferably someone with a maintenance experience to do upkeep as well. They way it's done up in my area is that the person lives for free on site and get either a weekly or a salary. Well worth the investment.
@harshalpanchal63
@harshalpanchal63 4 жыл бұрын
Crime rate is high in america ?
@MX304
@MX304 4 жыл бұрын
@@harshalpanchal63 In certain parts, yes. Other areas, no. Trailer parks tend to be higher crime no matter where they are.
@harshalpanchal63
@harshalpanchal63 4 жыл бұрын
@@MX304 thanks for replying. One last question, what is your opinion about Texas,Connecticut in terms of living conditions. Thanks for replying 👍🏻
@MX304
@MX304 4 жыл бұрын
@@harshalpanchal63 Never been to Connecticut. Texas is Amazing. Great job market, lots to do. Awesome people. Ever expanding economy.
@mecheckraise
@mecheckraise 4 жыл бұрын
Brandon, I love the mobile home park. I actually got a tingle. I get $600-$800 for mine. I know EXACTLY how to fix these mobiles. I would salivate over finding such a deal. We don't even spend $7000 to fix-up and I use 24 month zero financing at Home Depot so my fix-up supplies are paid out of rent cash flow. 1. New electrical pole and outside 200 amp disconnect for about $1000, new 200 amp load panel inside 2. Septic cost me $4000 and water meter $3000 but if you have city utilities that is best 3. Seal the roofs with a couple 5 gallon buckets 4. We always go right over the floors with 3/4 inch plywood and original Kilz then usually paint with Behr porch paint. So many people that rent from me have pets. We just repaint the floors on a tenant change and yes often the places look exactly like those. I would say typical. 5. Room by room got through through electrical. We put all new white switches, plugs, lights, whatever 6. Add new circuits for stove 6/3, hot water heater 10/2, dryer 10/3 as needed. We convert all to electric. Replace any handyman wiring. 7. Add GFI to countertop plugs and bathrooms 8. If walls need attention usually just new drywall and Kilz 9. We replace doors when possible with regular doors from Home Depot. That is usually the cheapest and easiest unless you have a mobile home source place that is cheap 10. Replace plumbing with Pex as needed with insulation, heat tape, and metal underpinning as needed. 11. We add a pressure treated ramp with double handrail and small front porch instead of stairs and usually add shingles to the ramp. 12. We started to add a back deck but found most could not care less so we just scrapped the idea. 13. I just do window units and space heaters which is bearable in Texas but would really like to install central HVAC to all 14. We occasionally add Vinyl plank to the bath and kitchens. Sounds like you got great carpet deal but we never had much luck. 15. I always replace toilets with chair height one piece toilets complete that run $149 at Home Depot. 16. Replace tub\shower combo and vanity as needed. 17. Paint and repair as needed 18. Kitchen cabinets can be tricky and expensive. Our go to is unfinished that we stain and standard laminate countertops I will say that most people that actually run parks SELL the mobile homes and charge a fee for the space. This GREATLY reduces your headaches. They have something to lose. If they get behind or abandon the park forecloses and repeats the process. If you want to be nice you can buy cheap if someone want to move saying you need to make money too. This way also you can enforce strict park standards an fine people that do not comply. People that essential are renting a space do not have regular tenant rights but they can't afford to move the home. The management is much less of a headache. The people actually like owning and just the lot rent is less. Of course as the park is full you can gradually raise rents to what the market can bear. I have seen parks even enforce porch and underpinning and color standards. Put out a monthly newsletter.
@benjaminkeggereis379
@benjaminkeggereis379 4 жыл бұрын
Common Sense NOT too common The presentation and video by Kevin was great but your comment is gold. I’ve screen captured it and added it to my notes. Thank you for sharing.
@mecheckraise
@mecheckraise 4 жыл бұрын
@@benjaminkeggereis379 thanks I updated the wiring when I reread.
@chrislrob
@chrislrob 4 жыл бұрын
Thanks for this!
@chrislrob
@chrislrob 4 жыл бұрын
"We add a pressure treated ramp with double handrail and small front porch instead of stairs and usually add shingles to the ramp." Would love to know why you do this.
@alexanderx3554
@alexanderx3554 4 жыл бұрын
@@chrislrob The shingles part is what gets me, I'm thinking roof shingles but that can't be right. The double rail and ramp is for handicap accessible/older persons.
@ThomasTullis
@ThomasTullis 4 жыл бұрын
upvote if you want kevin to go evaluate the renovation ranch project
@Lalfy
@Lalfy 4 жыл бұрын
That place is a disaster
@danielmiller372
@danielmiller372 4 жыл бұрын
Was not expecting to see this comment after coming here from Investment Joy 😂
@nickheyer
@nickheyer 4 жыл бұрын
DUDE YES GOOD FRICKEN IDEA
@nickheyer
@nickheyer 4 жыл бұрын
They are actually making a lot of progress though. That being said, it's a huge money pit.
@Big-Government-Is-The-Problem
@Big-Government-Is-The-Problem 4 жыл бұрын
@@nickheyer if Matt wasn't a youtuber then id agree, but the video content AD revenue from that project has likely already paid for the renovation, if not the entire cost of the house and renovation. thats the beauty of channels like Matt's, kevins, brandons, Grahams etc, if the property isnt the best investment then the KZfaq content about the house will pay for itself.
@NateOBrien
@NateOBrien 4 жыл бұрын
Real-life Trailer Park Boys
@reitmyerbarbara
@reitmyerbarbara 3 жыл бұрын
For real dud
@matthewrivera5484
@matthewrivera5484 4 жыл бұрын
I love this "mini series". Seeing the other side of the coin and the lower income end. I started watching the investment joy channel because of these videos. Keep them coming Kevin
@k9thundra
@k9thundra 4 жыл бұрын
I live in Ohio, I can confirm he can do what he says for the price he says on those trailers. Habit for Humanity for example is just 1 of many organizations in Ohio that sells used and sometimes new cabinets, windows, doors and so much more to fix up house's, they'll even haggle on prices for stuff if you think is unreasonably priced.
@robertruschak7083
@robertruschak7083 9 ай бұрын
Ok
@KidCity1985
@KidCity1985 4 жыл бұрын
This is very interesting. Kev, you have to trust this guy knows his business. He's tougher then we are .
@KidCity1985
@KidCity1985 4 жыл бұрын
@Dragon Manifest I love him , what's the problem?
@rxspicychicken2402
@rxspicychicken2402 4 жыл бұрын
@@KidCity1985 He's the problem with the housing market today. Buy a house and jack up cost way the fuck up.
@rxspicychicken2402
@rxspicychicken2402 4 жыл бұрын
@Rajeev Vij Just wait, the problem is only getting worse. When all this shit colapses you'll change your tune. Middle class can barely even afford housing anymore. And no it's not investing. When you buy a house and the floor already needs replaced, or the walls, or siding. You can't call it an investment or upgrade when it's general maintenance.
@NateOBrien
@NateOBrien 4 жыл бұрын
This feels like a TV show
@Keith_Furtado
@Keith_Furtado 4 жыл бұрын
Love your channel man, it's helped me out a lot
@adamp9348
@adamp9348 4 жыл бұрын
I applaud Brandon for the hustle... Not many people who would get their hands dirty like that. Excited to watch his progress! Definitely makes you appreciate Ventura, eh?
@ulisz
@ulisz 4 жыл бұрын
Kevin still sounds scared while doing the voice over lol 😂
@bensappliancesandjunk
@bensappliancesandjunk 4 жыл бұрын
That's because he's in the heroin capital of the US where a ton of women were killed/missing from a serial killer.
@ceecee7879
@ceecee7879 4 жыл бұрын
Bens Appliances and Junk meanwhile the opioid/meth crisis is hitting CA hard NOW. Shock to read that it has only just begun there. Investors best beware, with all it’s other problems can’t believe the money out there 😮
@artificialstyle998
@artificialstyle998 4 жыл бұрын
@@bensappliancesandjunk He had a higher chance of dying in a car crash driving around the area than from some serial killer lol
@NatashaEstrada
@NatashaEstrada 4 жыл бұрын
@@bensappliancesandjunk We have serial killers in SoCal too. He's probably still cold.
@cathylake9072
@cathylake9072 4 жыл бұрын
He is crazy to buy these delpidated RVS that will need at least 20k each to repair and you still have to worry that many may be unrepairable because meth may have been smoked in them. He could have bought brand new RVs wholesale for $20k and not have to worry.
@TheBitcoinExperience
@TheBitcoinExperience 4 жыл бұрын
This man is amazing! I really respect his rule of not renting a place if he himself would not live there. Well done Brandon!
@rvingwego1334
@rvingwego1334 4 жыл бұрын
I see a T.V. show in the making.
@jacobpatterson9440
@jacobpatterson9440 4 жыл бұрын
It would really be a great, crazy show!
@adriantamzarian9252
@adriantamzarian9252 4 жыл бұрын
Trailer park boys is pretty good
@InvestToLive
@InvestToLive 4 жыл бұрын
I'd watch it!
@GerardoGarcia-tv3rb
@GerardoGarcia-tv3rb 4 жыл бұрын
I would watch it too
@joeycoco3261
@joeycoco3261 4 жыл бұрын
Frigg off Brandon!
@snliner1308
@snliner1308 4 жыл бұрын
Here in Arizona you could make some good money with trailers, you know buy a acre of land plop a double wide down. Redo it and stucco the outside and you got a 200k house pretty easy.
@p.thomas3182
@p.thomas3182 4 жыл бұрын
SnLiner I'm not in Arizona. I want to buy up to 1 acre and add a double wide modular home. You have to pay for utilities, perc test, etc, what is estimate costs for those expensives?
@paulng4755
@paulng4755 4 жыл бұрын
The clash between middle america versus city. This is how the rest of the world operates man.
@waltermh111
@waltermh111 4 жыл бұрын
Yeah, lol I made a lengthy comment about this issue, but yours is a good summary of what is happening here.
@Realizinq
@Realizinq 4 жыл бұрын
seriously lol meet kevins talkin too much trash about the mobile homes, some of them were very nice
@cashgoldernie515
@cashgoldernie515 4 жыл бұрын
Basically, any new lending, any credit that the Central Bankers create, any new base currency that the Federal Reserve and the Treasury create when they swap IOU’s is all fraud and theft. Why keep going along with it, when they get to confiscate a certain percentage of our wealth every year through inflation of the currency supply? It’s amazing that their whole system works this way. Every individual conscious of his responsibility as a member of Christian and Western civilization must defend himself as best he can at this late hour. He must work against fascism and any similar system of totalitarianism.
@wolfofdubai
@wolfofdubai 4 жыл бұрын
To seeing Kevin doing this daily, I really see the hard work going and wish you just all the success.
@robertruschak7083
@robertruschak7083 9 ай бұрын
Yep
@bununsalias
@bununsalias 4 жыл бұрын
The 2000 dollar trailer is actually pretty spacious
@kirksway1
@kirksway1 4 жыл бұрын
I was thinking the same. didn't look all that bad to me.
@OJennifer13
@OJennifer13 4 жыл бұрын
Dirty Burger call it dirty burger
@jamieh8959
@jamieh8959 4 жыл бұрын
Most single wides are 600-800sqft with 2-3 bedroom..plenty of room
@jonredd650
@jonredd650 4 жыл бұрын
I give Kevin a lot of credit for getting off the California island and actually seeing real estate investing in a different area! Good stuff Kevin! Good luck Brandon 👍. 10x that trailer park LOL.
@Myraisins1
@Myraisins1 4 жыл бұрын
I'd like to see an update on this project. Thanks for sharing!
@mrsteiderman
@mrsteiderman 4 жыл бұрын
Love the videos with Brandon in Ohio!
@luisledesma7425
@luisledesma7425 4 жыл бұрын
I love these on the ground videos
@bkfromtherockies
@bkfromtherockies 4 жыл бұрын
The comments for this video is just as interesting as the video itself. Yes folks, the US has a very wide range of incomes; a lot of those incomes are lower incomes. It's reality. BK
@zhenyucai8688
@zhenyucai8688 4 жыл бұрын
That's true pretty much everywhere else in the world with the exception of few small countries
@kripsak
@kripsak 4 жыл бұрын
Brandon is awesome... down to earth! Very knowledgeable, his live streams are pretty good too!
@ceecee7879
@ceecee7879 4 жыл бұрын
Sweet Guy, giving someone a chance. Have to form an association to keep the trash out. Better than the sidewalk living in LA.
@bullhammer7752
@bullhammer7752 4 жыл бұрын
An HOA is a homeowners association , which prob wldnt apply here because these are all rentals . trash need homes too . Its obvious you know little about investing in real estate because sometim es the trash receive govt checks which are paid on time every month , so tearing up a 2000 dollar shit hole trailer over 10 years is sometimes worth it . Judgemental arrogant trash wont make it in R.E. industry because u need to respect ppl and the needs of all . I wld suggest u try something a lil more simple .
@mikeschiavoni5973
@mikeschiavoni5973 4 жыл бұрын
Hoa is never the answer.
@ceecee7879
@ceecee7879 4 жыл бұрын
LS1 GOAT obviously by your post you seem to be the arrogant RE flip and run type. This man should spend his time and money to fix and provide better conditions for it to be destroyed again? Where did I mention HOMEOWNERS?
@ceecee7879
@ceecee7879 4 жыл бұрын
B O B Spelled backwards your pal that your watching is wealthy city “people”. AGAIN, reading comp is important, did I post HOMEOWNERS? Another flip and runner because you obviously couldn’t care if the place went back to the condition this guy is trying to rectify ( oh, big city word).
@clevelandgreg1027
@clevelandgreg1027 4 жыл бұрын
Kevin, I have to give you a tour of my rentals in East Cleveland. :) I have a 33 unit building i just snatched for 200k this fall that I will be renovating into the summer. Next time you are in Cleveland!
@Inquiring
@Inquiring 4 жыл бұрын
Guns n stuff WTF, the best I got was 8 units for 1.1 mil in LA
@clintontriplett158
@clintontriplett158 4 жыл бұрын
You could definitely do it for 7 grand a trailer ... I bought a trailer for 1500 I had to redo all of the plumming witch was about 4-500 it already had a new water heater and furnace needed all new walls and flooring flooring was 2500 including subfloor and walls 1500 new door with frame 400 the roof and I charge 750 a month for rent for a 3 bedroom 2 bath and it only cost 6400 total but I did all the repairs
@curtthacker43
@curtthacker43 4 жыл бұрын
Initial thought two blocks in Detroit
@BigChrisENT
@BigChrisENT 4 жыл бұрын
Never expected this collaboration lol. I follow his channel, he responds to everyone, and gives tons of valuable information for free. Good man!
@PassiveIncomeTom
@PassiveIncomeTom 4 жыл бұрын
*Owning mobile homes are not for the faint of heart but the cashflow is worth it.* 👍
@MidKnight_Sky
@MidKnight_Sky 4 жыл бұрын
True
@nasreddinekerkouf6042
@nasreddinekerkouf6042 4 жыл бұрын
so you mean is good for cashflow?
@twincherry4958
@twincherry4958 4 жыл бұрын
Who lives in them?
@thatguy4234
@thatguy4234 4 жыл бұрын
twin cherry ...people
@twincherry4958
@twincherry4958 4 жыл бұрын
@@thatguy4234 there's no one there!!!
@KSslopestyle
@KSslopestyle 4 жыл бұрын
I don’t think Kevin realizes how cheap places like Ohio are.
@idkijs435
@idkijs435 4 жыл бұрын
right. doesnt he live in California? A California house that a half mill there is like 80k here. for the literal same house
@blancam.becerra9393
@blancam.becerra9393 4 жыл бұрын
Are any of you from Ohio? If so, how are the neighbors like Toledo, Columbus and Cleveland?
@nataliekurtis6855
@nataliekurtis6855 4 жыл бұрын
M Becerra Columbus is expensive, Cleveland cheap, not sure about Toledo
@Josh-dj8jy
@Josh-dj8jy 4 жыл бұрын
I like Ohio. I own property about an hour from cbus. Cheap housing and most of the cities have nice burbs and areas. I’d say look into Columbus bc it’s one of the fastest growing cities in America.
@blancam.becerra9393
@blancam.becerra9393 4 жыл бұрын
Josh Parker awesome! Definitely will be looking into the Columbus area. Will have to flight out to check them out.
@justinsellers9402
@justinsellers9402 3 жыл бұрын
I worked as a locksmith for 12 years. A good eviction is one without human excrement in the floor.
@marthagharibian7761
@marthagharibian7761 4 жыл бұрын
"well I got good life insurance" HAHAAHA.. best line!
@justice7891
@justice7891 4 жыл бұрын
Great use of music, these videos are awesome giving you insight on different ways of investing!
@norxcontacts
@norxcontacts 4 жыл бұрын
Kevin, this is your best video with Brandon.
@davidpollard3522
@davidpollard3522 4 жыл бұрын
When you have to hold a gun in order to collect your rent check, we got some serious issues with our society🥴🥴🥴
@jonredd650
@jonredd650 4 жыл бұрын
Welcome to the wild Midwest my friend!
@ceecee7879
@ceecee7879 4 жыл бұрын
Jon Redd not just the Midwest.
@waltermh111
@waltermh111 4 жыл бұрын
@@ceecee7879 He didnt say that, but this video is based in the midwest lol
@tinglee2530
@tinglee2530 4 жыл бұрын
It’s not a problem if you’re very selective of who your tenants are.
@waltermh111
@waltermh111 4 жыл бұрын
@@tinglee2530 it's true, his tenants aren't the problem, but the neighborhood is lol Good that he is taking the risk to clean it up for everybody sake.
@TheLilmisskeke
@TheLilmisskeke 4 жыл бұрын
Please come back in a year. I need to see this.
@themotherlessgoat8658
@themotherlessgoat8658 4 жыл бұрын
im dying of laughter at 14:22 when he climes in looks around and turns to you and shrugs with that smile and asks if u wanna come in
@MeetKevin
@MeetKevin 4 жыл бұрын
My favorite part too!!! Brandon’s awesome!!
@jwc0729
@jwc0729 4 жыл бұрын
I really hope he succeeds so the follow up video can be titled "From Trailer Trash to Countin' Cash!"
@SetitesTechAdventures
@SetitesTechAdventures 4 жыл бұрын
This guy is a good man. My dad deals with very similar properties on a smaller scale and it really is a great social service he provides. Affordable housing tenants can be problematic but he gets great word of mouth, long term tenants and his tenants can afford to save up and buy a house of their own one day. He is also driven by the crappy places he experienced as a child.
@syguzman5739
@syguzman5739 4 жыл бұрын
19:16 Calling them "coaches" makes them sound dignified. "Sir, good day! Please come into my coach. Would you fancy a cup of tea, sir?" LOL!! 🤣
@jaya.0069
@jaya.0069 4 жыл бұрын
Pardon me Sir, would you have any Grey Poupon??
@elizabethhamilton1166
@elizabethhamilton1166 3 жыл бұрын
Kind of like a Greyhound driver calling the bus a "coach!" 🤑
@syguzman5739
@syguzman5739 3 жыл бұрын
@@elizabethhamilton1166 🤣❤ Spitting facts 💯
@GankTown
@GankTown 4 жыл бұрын
Brandon get a beanie on that scalp man, ik it’s cold 🥶
@vazzed
@vazzed 4 жыл бұрын
Then He'd become Tim Pool
@ChandlerDavidSmith
@ChandlerDavidSmith 4 жыл бұрын
This was fascinating! Completely different way of looking at things haha
@syguzman5739
@syguzman5739 4 жыл бұрын
Mr. Smith! ⭐ I like how every landlord is different- they each have their way of taking care of business!
@mlr975
@mlr975 4 жыл бұрын
Chandler David Smith love your videos!
@dennisreed4927
@dennisreed4927 4 жыл бұрын
What a great opportunity. The.fact that Brandon is helping the community, upgrading the trailers, and potentially profiting 8k a month with no money down, actually being paid 15 to start! Thanks for sharing this deal. Look forward to seeing this project next year. Brandon my hat goes off to you.
@Je.rone_
@Je.rone_ 4 жыл бұрын
*Not many real estate investors want to look into investing in mobile homes so there is likely a supply/demand advantage there*
@syguzman5739
@syguzman5739 4 жыл бұрын
💯 True! Black Vito, you can have them! I'm not gonna fight you for a mobile home park 🤣
@adolpholiverbush5867
@adolpholiverbush5867 4 жыл бұрын
Shit Brandon at bigger pockets LOVES it
@Je.rone_
@Je.rone_ 4 жыл бұрын
@@syguzman5739 Shoot I grew up near one i might have to revisit
@robinthestate6548
@robinthestate6548 4 жыл бұрын
Exactly honestly you can just call the police on stuff like this. You don't need to go in yourself. You just say hey somebody broke into one of my properties I fear for my life and I want somebody to check it. There might be criminals inside. They'll go.
@theshinythings123
@theshinythings123 4 жыл бұрын
I heard mobile homes are great for flipping on a low budget
@successandlifestyle
@successandlifestyle 4 жыл бұрын
I would build a gated community around the outside immediately, get my security guard and camera and dogs. They start making it pretty. Once you have it full you can pull back on security I suppose.
@fp7392
@fp7392 4 жыл бұрын
I love Investment Joy. I have watched all his videos. He is the ultimate real estate investment hustler. Kevin looked so nervous going into those trailers hilarious.
@lw3269
@lw3269 4 жыл бұрын
So disgusting that people trash a place just because they are being evicted. If you don't want to be evicted, pay your rent. If you can't, then leave gracefully. Why is it necessary to punish the landlord because of your misfortune?
@geroldherrick2159
@geroldherrick2159 3 жыл бұрын
Brandon is providing one hell of a service for unfortunate folks living at the very lowest levels of society. It probably isn't the nicest thing to laugh at Brandon and his tenants. Not everyone earns 100k per year. I also serve some of the poorest folks in America and I am very grateful for all of them. I treat all of my tenants with the greatest respect and love. In the final analysis, we're a lot more similar than you'd ever care to admit.
@PaulPaid
@PaulPaid 4 жыл бұрын
Kevin has to be the biggest pessimist I've ever seen. His attitude is so draining. I know Brandon couldn't wait for him to get lost so he can get to work. Hustle Hard.
@GD15555
@GD15555 4 жыл бұрын
Paul Shalom did you see the condition of these old trailers?
@rxspicychicken2402
@rxspicychicken2402 4 жыл бұрын
He only wants to buy houses and jack up the rent making it unaffordable to the majority of the population, thus contributing to the housing crisis in america.
@justinc2633
@justinc2633 4 жыл бұрын
@@rxspicychicken2402 500$ a month isnt unaffordable, minimum wage workers can afford that ffs, the issue is minimum wage workers go out and blow their money on dumb shit instead of important stuff like rent
@idkijs435
@idkijs435 4 жыл бұрын
right tho. coming off like a straight dick lol. "shame on you for trying to help folks, and taking less of a return and being adventurous"
@idkijs435
@idkijs435 4 жыл бұрын
@@justinc2633 its so sick that people always assume that poor people are poor because they blow money. thats just the easiest assumption to come to for someone too lazy to actually see whats going on. everyone can't be rich, and if everyone was minimum wage would be 20 bucks because corps and companies are greedy
@leoloeza1338
@leoloeza1338 4 жыл бұрын
Ahhh, the bed bug spray trick. Good idea to keep potential bidders out.
@rentalrehab5484
@rentalrehab5484 4 жыл бұрын
Kudos Brandon, Great to see someone giving affordable housing. Keeping costs down by not being to proud and finding great deals on materials. Keep it going.
@harrylone4647
@harrylone4647 4 жыл бұрын
My dad owned an apartment building in a bad area for many years and the tenants kept breaking stuff. There was this one single mom I remember who was broken up from her boyfriend but she took him back because he was stalking her. Her window ended up breaking somehow. She didn't pay for that, newsflash. "It's not my fault my boyfriend didn't do it either," ya, ok. He wouldn't stop coming in the building for her. She went back to him and left the apartment with her child. I always wonder what ever happened to her and her child. Everyone always fought and smoked everywhere. The child was obese and was fed nothing but junk. There was trash everywhere. She DESTROYED the appliances and the floor. The floor was so bad my dad had to pay for it meanwhile the lady should have. That lady is lucky my dad didn't call CPS on her. If I were not a kid back then I would have called CPS since we started seeing all this stuff. My dad always would call his tenants rats because most of them were very dirty and drinking, smoking, etc. They didn't care what they broke. It took so long to evict people because he needed to give them a warning before and he still didn't get all his rent money because they refused to pay because they couldn't afford it. Owning an apartment building is costly, dangerous dealing with drug addicts, alcoholics, people stuck in bad relationships, people not paying their rent, etc. I used to go with my dad to his apartment building and help him clean and he would always talk about how much he hated his tenants. I understand that tenants go through poverty but you need to pay your rent and at least talk to the landlord about when and how you can pay the rent eventually.
@WildTrek
@WildTrek 3 жыл бұрын
Your dad sounds like he was a slum lord. Had he spent more time cultivating good tenants instead of thinking of them as “rats”, he would have eventually had good tenants to fill the place. It’s kind of like broken window theory, but with neighbors.
@ZacharyLaid
@ZacharyLaid 4 жыл бұрын
Kevin is underrated.
@nicolewuelleh8637
@nicolewuelleh8637 4 жыл бұрын
I live in Columbus. Real estate is all over the price spectrum here. It's cool too see you checking things out in Ohio.
@livingthedash6727
@livingthedash6727 4 жыл бұрын
I own a trailer park in Maryland. I have 48 trailers. The renos cost me just under 6K each. They rent for $500-750 depending on beds/baths. Some were not as in bad of condition as some of Brandon's. I've now owned them for 3 years. My initial overall cost was 235K. I've invested just shy of 300K after all is said and done. I have no laundromat as all of them have a WD. 2 of my trailers bring in no money because they're family members and I don't charge them for rent. One brings in a mere $250 per month because it's an older woman on SSI and she only brings in $663 per month. I don't have the heart to evict her as she's been there for 26 years. However, I make decent money with this park which is helpful to fund other investments.
@surfmotor
@surfmotor 4 жыл бұрын
I grew up in SoCal and have never lived like this. I don't even know anyone who lives like this. This is a whole different world and a different kind of person.
@JeffWybo
@JeffWybo 4 жыл бұрын
I Joke during showings that I have body armour for certain showings if needed 😂😂
@nderimzenuni1142
@nderimzenuni1142 4 жыл бұрын
you're getting better by the day Kevin. keep up the good work. subscribed
@bullhammer7752
@bullhammer7752 4 жыл бұрын
I'm from Ky. and been appraising and investing for twenty years , the best investment I have made is a 20 year old mobile home n barn on 2 acres . Paid less than 30k and have received 500 - 600 for the past 7 years . It will bring high 60's low 70 this spring when i put it on the market . Mobile home quality has improved from the 1970's and the parks are becoming obsolete in the Midwest . You shld stop doubting Brandon and maybe you could learn something from him .
@50PlusLife
@50PlusLife 4 жыл бұрын
These types of videos are great ! Brandon seem like a great guy trying to help his community in the way he know how..
@factsbluboi1503
@factsbluboi1503 4 жыл бұрын
Seven figures in physical gold would of earned him about $325 k in gold price jumps three months ago
@InvestmentJoy
@InvestmentJoy 4 жыл бұрын
Or you could be like all my friends who bought silver at $45 an ounce thinking that it would go up to $200 an ounce because there were hundreds of websites that were sure it was going to happen. I own more silver and gold than most people I know get my real estate still outperforms that by a huge margin
@skyblue9991
@skyblue9991 4 жыл бұрын
Where's the fun in that?
@bradycarpenter6519
@bradycarpenter6519 4 жыл бұрын
Until fiat is no longer trusted....🤔
@stacked3112
@stacked3112 4 жыл бұрын
The numbers are really solid on that trailer park- smart guy and a great niche
@chriscarrow1044
@chriscarrow1044 4 жыл бұрын
that tiny home park is a great idea honestly, just need to buy a patch of land and do a little development and some pads, and rent the spots.
@definitelynotobama6851
@definitelynotobama6851 4 жыл бұрын
Chris Carrow ...it’s a trailer park. There’s a reason they’re called trailer trash and not tiny home trash.
@jjjacer
@jjjacer 4 жыл бұрын
mobile home parks can be nice, i live in one which just became a 55 or older community, so currently only those over 55 can purchase homes here or if we sell our home the primrary purchaser has to be 55 or older. luckily i moved in before this happened. But crime is low and neighbors are nice retirees
@MrBudpln
@MrBudpln 4 жыл бұрын
It's kind of interesting to see Kevin shooting down investment Joy's ideas! I've had ideas people shoot down and sometimes they her the best of you and you give up, but investment joy just explains what he's doing and moves on. Something to be learned there. Don't worry about what others think.
@MeetKevin
@MeetKevin 4 жыл бұрын
It’s not shooting down; it’s interviewing and asking questions that teach perspective
@matthewtuxhorn9117
@matthewtuxhorn9117 4 жыл бұрын
Lol we haul those to the landfill!!! We buy brand new single wides for $28,000 and sell them on contract for $40,000!!
@lgee9027
@lgee9027 4 жыл бұрын
Matthew Tuxhorn you are working smarter!!! NOT harder 👏🏽👏🏽👏🏽
@alexanderx3554
@alexanderx3554 4 жыл бұрын
@@lgee9027 7K + 2K = 9k +/- vs 28k? Not seeing how that adds up.
@fakenamenotreal5545
@fakenamenotreal5545 4 жыл бұрын
@@alexanderx3554 this guy is doing the equivalent of going into a scrapyard, slapping some paint on a totaled car, then renting it to people on turo.
@alexanderx3554
@alexanderx3554 4 жыл бұрын
@@fakenamenotreal5545 based on his other videos this simply is false. He actually goes in a makes them reasonable dwellings. This is much more akin to going to an auction buying any vehicle there and making it roadworthy again. Which is what reo property generally is.
@fakenamenotreal5545
@fakenamenotreal5545 4 жыл бұрын
@@alexanderx3554 for the money he gets out of these poor people, they should be getting much more. Nobody making 50% plus in their first year of real estate investment is doing anything that should be respected. Refurbishing junk trailers into barely livable "dwellings" to save a few shekels and then jacking up rents is just disgusting. There are civil rights laws against this shit in many cities for a reason.
@hbarudi
@hbarudi 3 жыл бұрын
Meet Kevin please keep Ohio houses affordable and avoid "Jacking up" the prices, most of Ohio Jobs are simple low paying jobs, we can't afford to follow the path of California on Housing. This man is doing a good job on maintaining affordability and livability despite some unknown people who damage stuff and leave behind all their items.
@davidicousgregorian
@davidicousgregorian 3 жыл бұрын
i buy trailer courts and i install a security home which patrols the site . no damage in five years .invest in security and avoid damages and raise your insurance for the properties to cover damges
@iAmberRenee
@iAmberRenee 4 жыл бұрын
“I got a gun on me so..” 🤷🏻‍♂️😂😂😂😂
@tomjens2046
@tomjens2046 4 жыл бұрын
not some kind of snowflake libby
@thetommantom
@thetommantom 4 жыл бұрын
Loosing a few grand is nothing like loosing HUNDREDS of thousands
@gbpg2016
@gbpg2016 4 жыл бұрын
Loosing? I believe the word you're looking for is losing.
@jrvera7955
@jrvera7955 4 жыл бұрын
I’ve got 10 mobile homes I rent out but they all have a normal 100x50 lot with privacy fence each next to each other. Here in Texas I have them for rent for $700 each month. They cost between 10k to 25k in good condition, they paid for themselves and now it’s all money in my pocket.
@est94
@est94 4 жыл бұрын
All those trailers look like like a lot of work .
@patrickkeller2193
@patrickkeller2193 4 жыл бұрын
Kevin forgot to put this in perspective: if you stockpile money at a Bank for example, you are lucky to get even 1% p.a. This Trailer Park will net the investor more than 12% p.a. even though he is only 50% owner.
@JohnDoe-gc1kt
@JohnDoe-gc1kt 4 жыл бұрын
I've been netting about 15%
@JohnDoe-gc1kt
@JohnDoe-gc1kt 4 жыл бұрын
@@manp1039 investing in mobile homes
@JohnDoe-gc1kt
@JohnDoe-gc1kt 4 жыл бұрын
@@manp1039 year over year return after expenses is about 15% probably a little more. So let's say you paid 100k for something if you made 10k a year after expenses your return would be 10%. Does that make sense?
@JohnDoe-gc1kt
@JohnDoe-gc1kt 4 жыл бұрын
@@manp1039 yeah after operation expenses before any tax benefits. I'll file taxes in January or February
@JohnDoe-gc1kt
@JohnDoe-gc1kt 4 жыл бұрын
@@manp1039 you're welcome
@GenExDividendInvestor
@GenExDividendInvestor 4 жыл бұрын
Bitconnnneeeccct! That's just one of the pro's of investing in dividend companies. You don't need to pack heat. Lol. Would be fun to see the "after" renovation mobile home pics. Nice cash flow, if you will take the risks...
@petervaldez7413
@petervaldez7413 4 жыл бұрын
NO THANKS... trailers are nothing but trouble. The units are always in need of repairs and the tenant profile is always rough!!!!!
@dannielleproff5891
@dannielleproff5891 4 жыл бұрын
I live in a mobile home myself and have done remodel on my own. He could make them livable for under 5k. Paint, used cabinets (craigslist), used appliances (craigslist or private sellers), plywood, drywall, and laminate flooring (lumber liquidators) and you have a decent looking mobile home. Its easier to fix a mobile home than it is a house (my opinion). I see the potential.
@thesurvivalist.
@thesurvivalist. 4 жыл бұрын
My rule, buy put 5k to 10k in them, to fix them up, and sale, never ever rent, your just digging a money hole! Also never rent to anyone who has a FICO score below 700, they are less likely to pay their rent!
@jamieh8959
@jamieh8959 4 жыл бұрын
Problem is, most banks wont finance and most people dont have 15-20k cash....and why do all that work for a $5k profit when you can rent and make $6k every year for the next 20+ years? Middle solution is to own the lot, sell/ finance the trailer to someone..they own it so take care of it..you get the interest and payment for trailer plus lot rent..then if they stop paying or move out..you buy trailer for little to nothing and do it all over again
@kdlee3316
@kdlee3316 4 жыл бұрын
Will you do a response video to Morris Invest’s KZfaq video titled “Why I would never invest in a 401k”??
@svenw.6918
@svenw.6918 4 жыл бұрын
I want to see him back in 6 months. If he has then 40 mobilhomes rented out it will be very good.
@thewongmindset451
@thewongmindset451 4 жыл бұрын
Dang this guy is really earning his cashflow... going into units strapped. But he’s really bringing up the community, providing affortable housing and making money. That’s awesome
@mexgirlmindy
@mexgirlmindy 4 жыл бұрын
Kevin looks ready to chain smoke a pack of L&M's this entire video.
@SteveRam
@SteveRam 4 жыл бұрын
KEVIN! THERE IS A REASON THEY ARE THAT CHEAP! 🔫
@someoneyoudontknow7407
@someoneyoudontknow7407 4 жыл бұрын
I worked for a non-profit weatherization program in Linn-county Oregon. Doing almost everything in the way of repair on 1950-2010 mobile homes. I see great profit in what you’ve done. You can create a nice community where people actually enjoy living in a (trailer park) I aspire to be that well off to be able to make smart investments like this.
@kellybrown7478
@kellybrown7478 4 жыл бұрын
I'm sorry, I've lived in this situation and the idea of it is degrading. However I do understand people need shelter. I'd rather do a solid, tiny home with nice landscaping and a privacy boarder
@ping_me1vp
@ping_me1vp 4 жыл бұрын
$800 parts and labpr installed for new furnace 😂, I wanna se that hack job!
@jtaylor3609
@jtaylor3609 4 жыл бұрын
Slumlord owning is the most stressful and overworked type. Not worth it
@B8R8
@B8R8 4 жыл бұрын
J Taylor you get some to do it for you.
@jtaylor3609
@jtaylor3609 4 жыл бұрын
@@B8R8 like isaid its time consuming and exspensive to maintain. Hiring someone to manage all of them at once will cut into your profits for sure. And the people that live their usually dont respect the property so overtime the dmg is high and requires lots of work.
@B8R8
@B8R8 4 жыл бұрын
J Taylor negotiate with property management company or hire a tough mother to get the job done. That’s how it works and you make money while worrying less.
@caroleehubbard8380
@caroleehubbard8380 4 жыл бұрын
Using the term "homes" should be used lightly! PS, the sadness and disparity at the thought of living in a place like this would be overwhelming! Mid-west, cold, isolated, vacant of any charm, plants or trees. Just crap, lined up side by side by side! I can't even imagine living there! I'd prefer an army tent in the forest somewhere!
@mikeschiavoni5973
@mikeschiavoni5973 4 жыл бұрын
Lower risk of being shot at...
@patriciaoffer9585
@patriciaoffer9585 4 жыл бұрын
Stuff like this happens because of overemphasis on keeping resources from the "undeserving". UBI might help the economy.
@ricklucas6216
@ricklucas6216 4 жыл бұрын
Even though I would not do this type of investment it is very interesting to see. More please!
@leahv5892
@leahv5892 4 жыл бұрын
Rick Lucas i agree. I feel like this is a lm ugly type of business but everyone needs a home.
@Reginaldeus
@Reginaldeus 4 жыл бұрын
Exactly.
@adolpholiverbush5867
@adolpholiverbush5867 4 жыл бұрын
Brandon is the definition of hustle 👌👌
@ktg5713
@ktg5713 4 жыл бұрын
Wow brought 29 homes for 2000. Refix the houses and rent them out for $1,300 and your earning $37,000 a year
@keenheat3335
@keenheat3335 4 жыл бұрын
that 2000 dollar trailer park is way bigger than my apartment. wish I can get something like that in nyc.
@bbtrucking1616
@bbtrucking1616 4 жыл бұрын
Hey Kevin, my dad wants to remove his garage in a 1700 sqft home to add an extra 300/500 sqft by turning it into a bedroom I think it’s a horrible idea what do you think? Phoenix Az.
@waltermh111
@waltermh111 4 жыл бұрын
It doesnt make sense why that would be bad. Most people only use the garage for storage anyway. And in Arizona, where it should be warm most of the year, I think it is even less useful if he is willing to trade storage/car storage, for more money and just park on the street/in the driveway. I would do the same. In fact, I lived in somebodies garage for 2 months.
@johndough1966
@johndough1966 4 жыл бұрын
Simple math.... garage value @75/sf, living space value @ $150/sf
@sebastianmartin5706
@sebastianmartin5706 4 жыл бұрын
"I've got a gun on me", " That's what makes me nervous" - I thought Kevin was a Florida Man.
@SuperMrYoshi
@SuperMrYoshi 4 жыл бұрын
Sebastian Martin no. California.
@ZipKickGo
@ZipKickGo 4 жыл бұрын
Brandon! I'm not sure if this is common around your area but a lot of trailer parks around me have a single car wash bay. The convenience to come home and wash the salt off after a commute is really nice for the tenants and generates some extra income.
@Katastrophe9009
@Katastrophe9009 4 жыл бұрын
Guys like Brandon are doing the community a huge service and making bank doing it. Everyone else is focused on the high-value properties, SOMEONE has to provide for the low-income tenants and be the one to fix up the properties no one else wants to touch. It's like he says, no risk, no reward.
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