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The Real Nightmares of Cheap Houses.
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Күн бұрынThe truth about cheap houses. You need a Brandon. Learn the real ways of making money with real estate & psychology - 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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@NickSkye 4 жыл бұрын
Cheap houses are great as long as you know what you're in for and have taken Kevins Real Estate Investing Course! Honestly cant say enough how great the course is. This is not a paid comment. (Though I wish it was)
@RedThunder0000 4 жыл бұрын
Nick Skye Hoyt you got paid by all the money his advice is going to help you make or the losses you may avoid to him bringing your attention to losing investments you may not have been aware of!
@NickSkye 4 жыл бұрын
Will very true
@MeetKevin 4 жыл бұрын
Too nice to say this!! Thank you!!
@JAMIEANDSARAH 4 жыл бұрын
Maybe you guys could work out a deal! ;)
@lovablebigt 4 жыл бұрын
@@MeetKevin can you do an analysis on properties in Indiana, please? I appreciate your hard work
@turtleyshelltastic 4 жыл бұрын
I love that your filming out of California. What a dramatic difference in the market.
@justSTUMBLEDupon 4 жыл бұрын
TURTLEY SHELLTASTIC I want him to come back to New York
@actualfactual8737 4 жыл бұрын
@@justSTUMBLEDupon What makes California different, could it be the hard working immigrants and thieving muslims?
@raymondburton1838 4 жыл бұрын
"you're"
@senorpepper3405 4 жыл бұрын
@@actualfactual8737 the 9800$ house
@slappy8941 4 жыл бұрын
It's "you're" dumbass. Stop being a dumbass, dumbass.
@blakehorn229 4 жыл бұрын
Midwest builder/remodeling contractor here...Never power wash your asphalt shingle roof. If you have mold/mildew/fungal growth on your shingles, wet and forget is an inexpensive option that will not remove granules(reducing roof life by 20% or more) like a power wash job will. Also, there are shingles available that are resistant to the types of issues mentioned above that are not much more expensive than a standard premium shingle. Ask your local contractor when installing a new roof. /@meetkevin . If you're interested in getting into the Michigan market, email me.
@adolpholiverbush5867 4 жыл бұрын
I make shingles for a living... I second this DO NOT power wash shingles folks
@binchen-realestatesimplifi2143 4 жыл бұрын
The best place to buy are areas that have jobs. People will move there and demand will increase. Increased demand = increase in value doesn't even matter what you buy. I recently spoke with an investor who bought a garage in 1997 in Long Island City NY for 400k he recently got an offer for 5m. The garage itself is worthless but the potential of the land is whats expensive.
@cherrytung 4 жыл бұрын
Bin Chen wowwwwww.... 400k to 5m. Just the thought of it makes me drool
@binchen-realestatesimplifi2143 4 жыл бұрын
@@cherrytung This story is the same for pretty much anyone who owned land anywhere near Manhattan. I'm sure its the same for every city. The areas surrounding the center of the city always appreciates like crazy as the city grows.
@pures1n 4 жыл бұрын
Thats technically true but also it has to do with just how expensive NYC market exploded in the last 20-25 years
@akllls617 4 жыл бұрын
Cherry Tung - Finance & Fashion had to wait 25 years for that not many have the patience
@patw.6567 4 жыл бұрын
Yes the area has grown with business that amazon almost got in that area so speaking with them about their approach is worthwhile
@GankTown 4 жыл бұрын
My man Brandon said “Traphouse” 🤣🤣🤣🤣
@kdrguru 4 жыл бұрын
Reminds me of the great song from Redman.
@blaineprateryourrealtor7517 4 жыл бұрын
Gm Visuals i was surprised asf
@Realizinq 4 жыл бұрын
That shocked me a bit😂I laughed aloud, believe it or not
@ByronDAllen 4 жыл бұрын
Always have to know where you're at!! Lol
@Realizinq 4 жыл бұрын
Byron D Allen except it don’t go down where u at so it dont matter, you aint neva wrapped da work n get da vaseline to hide sa scent den send tht bih cross borders
@LarsSveen 4 жыл бұрын
Beautiful house. That decorative woodwork over the porch is incredible.
@marke7443 4 жыл бұрын
Lars Sveen 👍🏻
@TheRikyaguilar 4 жыл бұрын
Brandon saying he doesn't NEED to carry a gun, but still does, I decided to like the video.
@jgg204 4 жыл бұрын
I think there is some confusion about why the mortar crumbles. It's not that it's a mold that is "eating" the mortar. Mold collects on the surface of the mortar, and the mortar essentially degrades b/c moisture gets trapped inside of the mortar. The mold is attracted to the sand in the mortar. The fix is to use portland cement as the mortar as mold cannot grow on portland cement. Take note of this Kevin for any investment opportunities in the Northeast USA which are brick and have sanded mortar. Older homes which have been re-pointed have been re-pointed with portland cement and not sanded mortar.
@vincentconti3633 4 жыл бұрын
Mold eats mortar cement and granite
@joshgrossman7444 4 жыл бұрын
@@vincentconti3633 saying that mold "eats" mortar is the uneducated explanation of what actually goes on. see my original post - it has everything to do with moisture and nothing to do with something "eating" something.
@arx754 4 жыл бұрын
A "scientific" explanation. Thank you!
@Sponge10224 4 жыл бұрын
I invest heavily in these types of properties in Indiana, primarily through tax sales and REO. I buy in bulk and have had houses I've had to literally give away. I also see more and more often, these out of state companies stuck with losing properties. If you don't have boots on the ground, do not invest. These old homes need more attention. The margins on these houses are microscopic. If you don't have economies of scale for renovation and a strong ground team, you are just gambling. This video is very accurate. If you don't heed these warnings, I will see your property on the next tax sale list.
@bpaige12 4 жыл бұрын
I cannot stand those out-of-state guys investing they jack up the prices they ruin the market by overpaying for everything and then their properties just end up sitting
@ferencvad8251 4 жыл бұрын
Joe Donohue hi, where do you find the tax sale houses or the tax sale list?
@apartmentmanager5067 4 жыл бұрын
Matt Reisinger could get that place ready to rent for $100,000
@MeetKevin 4 жыл бұрын
I died
@Ironrodpower 4 жыл бұрын
Hahaha so good
@KidCity1985 4 жыл бұрын
170
@apartmentmanager5067 4 жыл бұрын
And worth every penny. Kevin sounds like he really wanted to be in a conditioned space.
@adolpholiverbush5867 4 жыл бұрын
Matt would spent 100k to fix a house up with an arv of 75k 😂😂
@thompsona10625 4 жыл бұрын
I have that exact same roof. It's currently 119 years old and has at least another 50 left in it. You replace the old lead head nails with updated gasket screws and coat it all with silverseal every 20 years or so.
@nofurtherwest3474 3 жыл бұрын
Wow that's so interesting. I thought metal roofs were a newer thing. Had no idea. I wonder how they made them back then and I wonder why they weren't more popular. Do you think they were expensive back then? I know slate was used very often on old houses in the midwest.
@nofurtherwest3474 3 жыл бұрын
It's amazing how that is back in style now.
@alexandriadye4871 4 жыл бұрын
I live in north central Ohio. My landlord bought the house I live in for $5,000 during the recession. Did some work with family members to cut labor costs, and the home is now valued at over $70k. No roof, foundation, or ceiling work at all. Mostly cosmetic updates.
@adammaster122 4 жыл бұрын
Kevin, you are quickly becoming my favorite channel! You don't shy away from anything and you ask the hard questions!
@MeetKevin 4 жыл бұрын
Thank you!!
@adammaster122 4 жыл бұрын
@@MeetKevin You definitely have what it takes to have a million plus subscribers!
@MikeAffholder 4 жыл бұрын
That's for sure I've been watching him for over a year. He's genius and so personable.
@CorkKNIFE 4 жыл бұрын
Ok, now we know Kevin does not carry a firearm. I advise all broker to get training and carry. Going out to vacant properties to meet strangers as part of your job should not require you to cross your fingers and hope for the best.
@MeetKevin 4 жыл бұрын
Good point
@dstorage2198 4 жыл бұрын
I would never go alone -just take a friend buy him lunch
@ByronDAllen 4 жыл бұрын
I currently live in Ohio and I'm used to seeing houses like this. Plenty of houses going for 20K! Good to see some of the potential problems. Still deciding on our real estate strategy and this video provided so much value!!
@MeetKevin 4 жыл бұрын
Thank you!!
@MikeAffholder 4 жыл бұрын
Nice where at in Ohio? I'm closer to the Toledo area.
@ByronDAllen 4 жыл бұрын
@@MikeAffholder same here. Have you bought property here?
@MikeAffholder 4 жыл бұрын
@@ByronDAllen nothing in Toledo yet I've been looking. I have three houses in fostoria.
@bkfromtherockies 4 жыл бұрын
And this should give people a better idea of how diverse the US economy actually is! The west coast California prices are way different than that of middle America Ohio prices, but everyone needs a place to live. BK
@JustLeah0.0 4 жыл бұрын
Living in middle America Ohio, it’s hard to be able to invest in properties as well.
@John.Doe-OG 4 жыл бұрын
Its not a mold, it something similar to moss and you DO NOT power wash the roof ever. That destroys the shingle.
@kdrguru 4 жыл бұрын
Shingles with some copper or s copper ridge would prevent that.
@adolpholiverbush5867 4 жыл бұрын
I work at a shingle factory... I'll second this, DO NOT power wash them! And sm we use copper in every blend 👌
@marisastoneobrien7834 4 жыл бұрын
Kevin: ''You didn't even know there was a basement" Brandon: '"That's scary, I hope nobody is living down there"
@vadimsky 4 жыл бұрын
There's no 2:27 'mortar eating mold' - it's just old lime mortar that needs to be repointed every so often with adequate suitable lime mortar. Lime mortar, being softer and more porous than modern PC mortar, protects old bricks, keeping them nice and dry.
@wolfofdubai 4 жыл бұрын
*”Buy land, they’re not making it anymore.”*
@NotShowingOff 4 жыл бұрын
Wolf of Dubai Stocks Investing Channel I mean that is true. But land is worthless without ppl using it.
@wolfofdubai 4 жыл бұрын
Arvind Talukdar I could agree
@mylesgray3470 4 жыл бұрын
Except in China or Saudi Arabia. They make it there. 😉
@jandrewmore 4 жыл бұрын
They might not be making any more, but Ohio has a LOT that's under utilized.
@Koushi82 4 жыл бұрын
Buy land you'd use yourself anyway if another person wont buy or rent it. Then rent out what you ain't using. Gg
@KennethLeeAtLGA 4 жыл бұрын
Neat deal! All in on this house for 35k at $600 per month without any evictions or repairs for the next 5 years the owner would make their money back on 58.3 months..no bank or other solid investment offers this..gota love RE
@82wtughlaf 4 жыл бұрын
These kinds of videos are fascinating. Seeing different areas of the country and what homes are going for, what neighborhoods are like, etc. Love it. More please!
@777jones 4 жыл бұрын
This landlord is the type of guy that builds and protects communities. His skills are highly beneficial to the community.
@peacefreedom4930 4 жыл бұрын
Brandon: We have mortar eating mold Kevin: runs his finger through the mortar Me: 😲. 🤦🏾♀️
@Realizinq 4 жыл бұрын
Appreciate that drone shot, the channel has always been professional but its getting better and better, keep it up 👍🏼
@MeetKevin 4 жыл бұрын
Thank you!!
@bitehunter122 4 жыл бұрын
That brick-eating mold is not mold. It is a sign of water and vapor seepage with the white powder salts as remnants of the seepage. You can see those salts on chimneys that do not have chimney caps to prevent water buildup inside the chimney. You can see that on unprotected brick that absorbs water from without. A simple waterproofing on the outside and inside can be a big help. The chimney may need a chimney liner to prevent other gases from escaping through the interior brick. Those salts can be water blasted or sand blasted off. You can also scrape them off followed by tuck pointing and waterproofing. Close up that basement opening to the subterranean Earth as that is an open portal for rodents (rats and mice especially) to live, breed, and spread diseases fatal to humans.
@vincentconti3633 4 жыл бұрын
If it's on the outside above the foundation....nah...it's mold
@joelcruz6913 4 жыл бұрын
My cousin left her house stranded in the west side of Chicago similar to this house. The roof was caving in, they had multiple problems of mold on ceilings and walls. It was a complete mess! The bank winded up selling the home for $120,000 on a home that was screed up!
@briankeith1007 4 жыл бұрын
I bought a cheap house in Youngstown Ohio area ten years ago,it was a nightmare,I live in Northern Virginia,it was a total nightmare.
@ceruleanc505 4 жыл бұрын
Tell more? You owned a rental hundreds of miles from where you live?
@briankeith1007 4 жыл бұрын
@@ceruleanc505 yes I purchase a property right outside of Youngstown Ohio, with the intention to rent it out, paid a contractor to replace the windows, he screwed.
@slappy8941 4 жыл бұрын
@@briankeith1007 What were you thinking?
@hotboxgarage1612 4 жыл бұрын
here in Australia you'd be lucky to get a house like that in the middle of the desert for $190,000 this is close to what a trailer park mobile homes sell for, its even hard to find a small house block land for less than half a million, our real estate market is way over inflated
@senorpepper3405 4 жыл бұрын
its the land that has the value. thats why you dont see abandoned houses in los angels, san fran, and san diego. the land is too valuable.
@Hemlocksipper 4 жыл бұрын
This guy is dealing on Baltic Ave..... we gotta get him around the corner to Park Place & Boardwalk.
@mekon1971 4 жыл бұрын
A lot more renters on Baltic.
@JazminBautista 4 жыл бұрын
"Shingles eating mold" ahaha love Kevin's laugh!!! Awesome video Kevin
@actualfactual8737 4 жыл бұрын
@@wadebarnett2542 Now where the hell is the mold eating bacteria damn it!!! Also hit me up latinx...lol
@cherylcampbell7495 4 жыл бұрын
Well I live in a HOA and surprise, we get to buy a new roof. Sorry they said we didn’t save for new roofs for the past ten years..the cost of home ownership is $ but still worth owning compared to renting in my opinion. 😂💕🇺🇸
@vincentconti3633 4 жыл бұрын
Your opinion is correct!
@marke7443 4 жыл бұрын
HOAs 👎🏻
@chrislemaster2695 2 жыл бұрын
Branden is the type of landlord I would like to to business with. Seems like a true and honest guy
@jvaldez5 4 жыл бұрын
I think it would be good to go in on 10k with an additional 30k and you still come out ahead. You can’t do this from California and expect it to work. You have to periodically be there to inspect and make sure the contractors are good to go
@BryceHolmgren 4 жыл бұрын
As a Midwesterner Kevin’s reactions are absolutely hilarious, much respect to Brandon!
@flyby8049 4 жыл бұрын
The problem is those areas are not on the upswing. Crap neighborhoods draw crap tenants
@marke7443 4 жыл бұрын
Fix/sell cheap to DECENT but poor instead of renting to easy money druggies.
@marcusmiller5308 4 жыл бұрын
I am I roofer technician I central Ohio,gitting the roof done for 6k is very cheap it’s more like 12k
@GEAUXFRUGAL 4 жыл бұрын
If the population declined then seek out retirees who can live anywhere in the nation. Those folks are a gold mine for the medical industry and would help to keep services in the area .
@marke7443 4 жыл бұрын
Smart
@slappy8941 4 жыл бұрын
Nobody wants to live in Ohio.
@MOTIVATIONBYDAR 4 жыл бұрын
Yet millions of people live there
@ryantfinchum 4 жыл бұрын
i'm next door in Indiana (38 years) and i've never heard of either of those molds...he seems knowledgeable on the topic but i've never heard anyone talk about them here...
@nofurtherwest3474 3 жыл бұрын
Yeah I grew up in Ohio and have had investment properties for 15 years and have never heard of those molds either.
@JAMIEANDSARAH 4 жыл бұрын
Learned this lesson the hard way! Most houses in Muskegon, MI are under 50k. This looked great for cashflow(on paper)! Turns out tenants just destroy houses and don't pay! Also, homes didn't appreciate like I expected them to(or at all). Decided to liquidate and move back to Grand Rapids, where there are actually jobs and appreciation exists 😂
@icefishing804 4 жыл бұрын
I'm in Michigan too
@JAMIEANDSARAH 4 жыл бұрын
@@icefishing804 What part?
@REQtip 4 жыл бұрын
I've got the same situation in Akron, Ohio. I thought "how can you lose if you pay $9500??". But disrespectful renters and repairs have taught me different.
@icefishing804 4 жыл бұрын
Should of used section 8
@REQtip 4 жыл бұрын
Section 8 is great.
@MrBpMaster 4 жыл бұрын
Quite an eye opener. Appreciate all the effort you guys put into sharing the local knowledge, and gotchas, and stories.
@justindchaney 4 жыл бұрын
Brandon isn’t exaggerating about that area at all. Chillicothe is a rough rough town. There was a study that came out that said over 50% of the population is addicted to drugs. It’s a crazy place because it’s a small rural town, but you’ll see street walking prostitution, crazy drug violence, and the kind of devastating poverty you’d find in an inner city.
@hadleymanmusic 4 жыл бұрын
Wheres the wallpaper?
@skaltura 4 жыл бұрын
Very Interesting! In my country a house like that would most definitively be demolished. Just the mold liability alone. I would not personally probably want to spend any time in that house, coming from a mold house and health issues that caused.
@marke7443 4 жыл бұрын
Well in war torn, bombed, shelled Syria, Yemen...it would be a castle.
@maxwells2602 4 жыл бұрын
Cheap houses are a reminder that property doesn't necessarily need to be expensive, and can drop in price. Places like Sydney and California are expensive because everyone is relying on the idea that others will keep increasing the amount they are willing to pay.
@Je.rone_ 4 жыл бұрын
*That's a wedge without the deal 💪😂*
@alvaroperez9995 4 жыл бұрын
Great video. I own rental properties in Cleveland, OH while living in Toronto, Canada, and I don't use a property management company. I manage my houses myself. I've been investing in that niche, lower middle class neighborhoods, for 6 years.
@cryptocred5754 3 жыл бұрын
That’s why I love the Midwest people in rural areas. That guy has zero care in the world with introducing his real self to you right off the bat.
@janjISMYname 4 жыл бұрын
I was perusing Zillow, Redfin and the others, sooooo many 5k houses in Indiana. Many did not "appear " in disarray. I imagine these homes must not be in the best areas!
@janjISMYname 4 жыл бұрын
Btw, most Midwestern homes have basements and quite a few of the older homes have an attic, too.. Tornado rather than earthquakes are the threat.
@roycalisthenics5207 3 жыл бұрын
And how much is the rent there??
@Albert-wk8ts 4 жыл бұрын
Quite funny to compare new buildings to old ones - we may have gotten better tools, but true craftsmanship is a rare thing these days. I really love old architecture - and i actually believe that old, well maintained buildings are healthier to live in than new ones. My office-building is from 1630 - almost 400 years old. I can work there all day without getting a headache, whereas my old office building from 2012 gave me a headache after a few hours, due to bad indoor climate. You couldn't open the windows, and the AC was terrible. Even though my current office is almost 400 years old, it still stands strong - quality work surely lasts longer! Although it has become a little crooked over the years, which i think is fair enough and actually gives it more charm! And it's a 100 times nicer to stay in. :D
@janjISMYname 4 жыл бұрын
There are so many cheap houses right now where I live - 11, 9, 8, 17 , 14, 20 k.. And all so tempting. But the horrors that await 😦
@zonechaser1 4 жыл бұрын
Better deals and less hassle in Knoxville. Better weather too. Oh and we have a housing shortage
@SteveRam 4 жыл бұрын
This is why I love Ohio! Cash flow haven! But you definitely got to know what you’re doing and have local teams helping you out. I’ve picked up 4 properties out there and my returns are insane. When I tell people from California their minds are blown 🤯
@icefishing804 4 жыл бұрын
Welcome to the midwest kevin lol
@MeetKevin 4 жыл бұрын
I did really love my trip and Brandon is amazing
@thinkman2467 4 жыл бұрын
I hate that Chicago is part of the midwest.
@bradenwellmann860 4 жыл бұрын
QUESTION??? is it a good idea to get a realtor or real estate broker license when you are trying to buy rental properties but not try to sell properties?
@MeetKevin 4 жыл бұрын
I don’t think so
@vincentconti3633 4 жыл бұрын
RE brokers will dicker on the commission especially if it is an in-house listing!! Always worth a try.forget the license!!
@zillaquazar 4 жыл бұрын
Can I see the finnished house ?
@davidking4779 4 жыл бұрын
It is not about the cost of cheap housing, it is about the tenants that you will get in bad neighborhoods. Housing is worth whatever the return on investment will be. Collecting rents and maintenance in bad neighborhoods is often a negative value. Sadly, the poor are poor for a reason, usually an internal reason.
@roadtomanitoba9753 4 жыл бұрын
That's uncanny what you can do over such video with a Google maps and 5 min of free time nowadays. This place is 337 E 7th St, Chillicothe, OH 45601, USA. It would take may be one minute more if Brandon wouldn't mention exact factory name.
@GEAUXFRUGAL 4 жыл бұрын
Been watching his channel reminds me of when I managed property in Biloxi MS.
@hardcandy7112 4 жыл бұрын
My Mexican good friend came to Jacksonville , fla , 32209 area back in 2016 with $300 in his Pockets , starting buying those $1000 Dollar abandon 1000sqt house , fix the Foundation with 30 Blocks of Cement , floor wood , new bathroom tile , Regut the KITCHEN , paint , total spent 4k plus 1k to own =5k rent for $850 Months x12 = 10.,200 a year , now he own 7 of these fast fix ,to rent out in 5 years buying and fixing , taking in 70k a year ,tax is $700 a year per house , not Bad for eating Tacos 70k a year still looking for deals , remember people Florida is Gold , warm weather all year long and Beaches with Hot Body all year long , forget the Midwest to cold for Me .
@digitalportraitist 4 жыл бұрын
I think Brandon's frugality goes a bit too far. Without putting some real money into these old houses you are stuck in the cycle of leasing to troubled renters that will only cause issues. I dont think its worth it.
@jmbpinto73 4 жыл бұрын
He knows his market and the area. He is aiming at low rents. I never had a house that was left by the tenants better than they found it...
@AmyFiveMusic 4 жыл бұрын
That house has some cool original woodwork. :)
@PassiveIncomeTom 4 жыл бұрын
*Even some houses built today are cheap.* 🤔
@slappy8941 4 жыл бұрын
Pretty much all houses are cheaply built. I grew up working construction, and it's extremely rare to see any house that's built well, but cheap ones are absolute shit.
@floydlooney6837 4 жыл бұрын
When they talked about refurbishing the bathroom, I was saying "How about a door?" I wasn't the only one.
@dannymurphy1779 4 жыл бұрын
Think they need a lintel too judging by that crack over the door!
@nicolcacola 4 жыл бұрын
When he said "Its not California nice" I flashed back to my southern CA living mom complaining about homeless people breaking into their $500,000 priced condo neighborhood and bathing in the HOA pool 😂
@leonhenry4861 4 жыл бұрын
Seriously, that's crazy. Did you have to call the police.
@KayFabe87 4 жыл бұрын
@@leonhenry4861 : In california, the police would have probably arrested the homeowner for being "insensitive" to the transient, drug-addled population who simply want to avail themselves to the same benefits enjoyed by the "privileged" people who work, pay taxes and keep the state viable. It's going to be tough to keep the state running as the ratio of productive contributors to tax-payer-subsidized leeches gets smaller.
@leonhenry4861 4 жыл бұрын
@@KayFabe87 California doesn't seem like the great place they make it out to be. Such a shame that the people at the top don't care.
@SteveNoblin 4 жыл бұрын
Back taxes use to be buy it for nothing not anymore
@SA-yp3xh 3 жыл бұрын
I'm surprised at the foundation for the year. I used to own an 1887 and the foundation was huge stones. Larger than 2' wide, with some sort of mortar in between. I am still curious how they flattened the rock on sill and interior/exterior
@jasonadkins1455 4 жыл бұрын
I thought I was buying inexpensive houses. This dude is doing it.
@thewongmindset451 4 жыл бұрын
I don’t know about the baseball bat rule...I might skip that one lol
@CamGchannel 4 жыл бұрын
Great video Kevin! I like how you go to b-roll and voice over to setup the new subject of conversation. Fun learning what he does in Ohio too of course!
@MeetKevin 4 жыл бұрын
Thank you!!
@sikskillz2186 3 жыл бұрын
wow. really tuff to deal with the property, much less having to deal with bad people.
@Syphus323 3 жыл бұрын
Why do people collect rent in cash when it’s much safer to do so if wire transferred or written a check?
@justSTUMBLEDupon 4 жыл бұрын
This guy knows his stuff! He really knows the history
@kevinpotter7211 4 жыл бұрын
I always thought that houses like that had potential. My grandfather bought cheaper houses and managed them himself and did all the repairs. It allowed him to retire early back in the 80's. Seeing that I live an hour away from where you are at, I see plenty of these cheap houses and am looking to buy some of my own to add to my rental income.
@GeoJuana 4 жыл бұрын
uhhm if its yellow let it mellow?
@iainnorquay5371 3 жыл бұрын
Location, location, location, this is the mantra of every professional estate agent. Do not buy cheap and do not buy trailer parks.
@adampajcz7455 4 жыл бұрын
My experience with Detroit rentals makes me wonder why other parts of the country don't have the as many empty neighborhoods due to arson and people just leaving? It has been many years since I lived in Detroit (2009) and I am now in Texas. I have an air conditioning company and I am a contractor for a few well known Home Warranty Companies. Do not think they will save you in case of major problems in your heating and cooling systems. There are co pays and deductibles that can be very high. And they only cover the component that fails and do not replace the entire system. And if you buy a house that has an old heating and cooling system and you either buy or are given a policy by the owners to reassure you I can tell you they most likely misrepresented what is actually covered or if it even is covered. Take all that into consideration.
@EMichaelBall 4 жыл бұрын
0:20 That leaning power pole looks totally safe.
@jvceruss 4 жыл бұрын
Code isn’t working. You’ve provided great value for free. It’s time i pay it back and pay you back, while getting paid back for it. But yeah, this code didn’t work. (I typed it into the coupon section)
@MeetKevin 4 жыл бұрын
Fixed By the way Thank you for the email! Saw that right away
@Russiafreak233 4 жыл бұрын
I am so happy you guys met up! Been following your channel, Kevin, for a while, and found Mr. Investment Joy just two weeks ago. Sure you guys can learn a lot from eachother, good fortune to you both!
@HousesandCars 4 жыл бұрын
I wish he would have showed you Dayton. I bought a 1970s house for $17k. Columbus market is inflated when compared to neighboring cities.
@LiLBitsDK 4 жыл бұрын
Me: Describe that renovation project with a movie title Kevin: Neverending Story
@luisledesma7425 4 жыл бұрын
I'm down. Buy it rehab it and put it on section 8 to get higher rent
@adolpholiverbush5867 4 жыл бұрын
Section 8 in this area (about 45 mins away in Indiana) is lucky to get 325 per door.. when you can rent it for 600 that just makes no sense
@vincentconti3633 4 жыл бұрын
Wtf?
@reneandrearealty 4 жыл бұрын
Less interruptions
@fofe1235 4 жыл бұрын
Yo love the videos keep em up🙏😂
@ritadougherty4403 4 жыл бұрын
I love Brandon... He has great videos... I'm glad you guys have been able to make these videos together because I love both you guys ❤❤❤
@parkerniernstein2337 4 жыл бұрын
Hes a crap shooter how can u love someone who bean shoots? His stories never are told the same , contradictories non stop and who is just a scammer
@ritadougherty4403 4 жыл бұрын
@@parkerniernstein2337 How do you know? Are you into real estate? I'm genuinely curious
@parkerniernstein2337 4 жыл бұрын
Rita Dougherty real estate, remodeling.. if anyone listens snd is completely aware of their surroundings, u can listen to how the stories he yaps about change, alter, increase, every single time he tells the same story, if someone was talking facts or truths why would the story change, embellished, or differ? Only a crap shooter or bullshit artist does this. Someone very important once told me this... u cant bullshit a bullshitter. Every time he says something or says this is being done this is rehabed, but then he never follows thru or lost the photos or car went missing, i left it on my sim card , i just repaired the washing machines but then the same sign on the same broken machine is still visible and posted on that same machine.. what would u think?
@SamIAmJam 4 жыл бұрын
dealing with cheap houses and the people that ain't nothing Brandon is a champ though.
@nofurtherwest3474 3 жыл бұрын
Asphalt eating mold and brick eating mold? I've never heard of those and I grew up in Ohio and have properties there.
@Gamerz00760 4 жыл бұрын
Might take a lot of homes for cashflow in ohio but we don't burn through the cash in expenses the same either.
@TheTerminator1919 4 жыл бұрын
Kevin you have to zip up that coat in 14 degree weather!
@jeffsmith7840 4 жыл бұрын
Lived in Ohio for five years. 50% of the state is a dump
@kdrguru 4 жыл бұрын
I guess you havent visited the other 50%. Its all a meth lab. Warren was a dump.
@AndrewOborny 4 жыл бұрын
Cheap house are a great way to get your foot in the door to realestate as long as you are willing to put in the sweat equity. My plan is to buy the bottom of the barrel houses here in small town Nebraska, rent them till they are payed off or till im sick of them and 1031 exchange them for higher dollar rentals in the Omaha Nebraska metro area. Kevin come visit Nebraska id love to show you around, its great for people to see the different markets around the United States.
@sean3533 4 жыл бұрын
Imagine moving to a new state and becoming a home owner only to find there are molds are literally dissolving your house from under your feet.
@arx754 4 жыл бұрын
That's why you never buy a home without having a "home inspection" done. I don't invest in real estate, but have just bought homes to live in. Probably not telling people anything they don't know, but I've found a home inspection is well worth the few hundred for it.
@rtperrett 4 жыл бұрын
7:19 kitchen sink against a wall is a deal breaker for me. I had a kitchen sink against the wall for years, did a major remodel, so much better for it to be in front of a window.
@jmbpinto73 4 жыл бұрын
That house is candidate for a gut job, so you could lay out the kitchen however you want to.
@syguzman5739 4 жыл бұрын
18:09 Brandon has a baseball bat with his name on it 🤣
@JenniferHayesJVG 4 жыл бұрын
Im curious how the Trailer Park deal with Brandon is going? Did he get those trailers fixed up for his 7000 dollar per trailer budget.
@Ryan-jx4vh 3 жыл бұрын
Yes, would like to see an update on that.
@thomasmorrison3279 4 жыл бұрын
Kevin is awesome, but I would never get into the cheap property investment game. Too many headaches. I would prefer to just buy REITs and get a smaller return with no headache.
@lmwold 4 жыл бұрын
So looking forward to hearing Kevin in person tomorrow in San Francisco!!
@friendsinlowplaces619 3 жыл бұрын
For any home buyers, if you need protection or people removed that your afraid of, I do possess a certain skill set for hire.....
@Deutschehordenelite 4 жыл бұрын
slum lord
@alisaharris8926 4 жыл бұрын
Why?
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