So do you tape and mud the plywood or are the seams all visible
@section8guyКүн бұрын
We'll tape!
@thaddeus15192 күн бұрын
What was the total sqft of this house when you purchased?
@section8guy2 күн бұрын
Only 1300 sqft - we didnt add any extra sqft
@Gadi_102 күн бұрын
Congrats Joesph and Amy!
@zacharykim68922 күн бұрын
Hey Rhett how do you handle DTI when scaling your portfolio? Especially when taking out traditional loans or refinances.
@section8guy2 күн бұрын
We move to different loan product once the DTI gets too high
@Oliver-d1b2 күн бұрын
I want to work with you
@section8guy2 күн бұрын
Send me an email!
@KETCreator2 күн бұрын
Thank you for the information. I finally just turned my first rental property into a section 8 very glad I did. Now I’m trying to determine how I can purchase another rental property
Thank you! I'll stick with building and airbnb. I was trying to make my mind up to start section 8 or build tiny homes for my airbnb biz.. I know what to do now
@cryptonian77065 күн бұрын
is the 110k appraisal the current as-is value or ARV?
@cryptonian77066 күн бұрын
that one funky layout
@rodriguedxpe81896 күн бұрын
in which state was this project?
@Refwo6 күн бұрын
Vids like this are much needed !!
@cryptonian77066 күн бұрын
how much is ARV?
@section8guy6 күн бұрын
About 140k
@zacharykim68927 күн бұрын
Hey Rhett, what are your thoughts on some of the bigger section 8 creators?) Section8Karim, Tom Cruz, etc)
@section8guy7 күн бұрын
We operate much differently than anyone else
@TopClipes-te7fr7 күн бұрын
True!@@section8guy
@BeautyandTrexllc7 күн бұрын
Thanks so much!!!
@tyvondavis7 күн бұрын
How much is his program?
@cryptonian77068 күн бұрын
is that a toyota?
@section8guy8 күн бұрын
yes
@vincentpflieger92689 күн бұрын
A bedroom without closet is not a legal bedroom?
@section8guy9 күн бұрын
You are correct
@VIPTradelines-y3s10 күн бұрын
Do you have an Excel (or Google sheet).that calculates all of this?.Seems like it'd be much easier to see cash flow, CoC, IRR, etc by using spreadsheets
@jasonkazakoff446911 күн бұрын
Hey ai woukd love to get into this i am from canada
@section8guy10 күн бұрын
You can!! send me an email!
@FamilyDIYtv13 күн бұрын
Thanks for all the info man - thinking about reaching out !
@section8guy13 күн бұрын
Do it!! Thanks for watching!!
@FamilyDIYtv13 күн бұрын
@@section8guy really - u work in the Philly region ?
@section8guy13 күн бұрын
@@FamilyDIYtv I dont!
@MiguerlRuiz14 күн бұрын
Starting a rental portafolio in Kalamazoo michigan . construction engineer + real estate agent here ❤ subscribed
@section8guy13 күн бұрын
Thanks for being here!
@JPPropertyConsultingLLC14 күн бұрын
If you’re a landlord looking to evaluate potential management companies, I recommend first getting an understanding of the type of training and education that the large national management companies provide to their employees. The reason being is that, once you know and understand these things, you’ll be better equipped to interview potential management companies to determine if they “pass the test”. Believe me, there are alot of small management companies out there that come across as “professional” and “knowledgeable “… However, I see and hear these companies doing and saying things (mainly in their ads) that we, at the large companies are taught to never do-- or, for that matter, they don’t do things that we are always taught to DO. That said, My background is a little bit different from most of the landlord advice channels out there. Unlike most of them, who are primarily other small landlords themselves, I come from decades of Working at the large, national and statewide Property Management organizations, where I’ve manage the large apartment communities (300/500 unit communities) . To better explain this…I use the analogy of the car sales industry. If we were to equate our business to the automobile sales industry-think of it like this…. When purchasing a car, there are THREE primary ways to do so. There’s the guy that put his car in the driveway and puts the “for sale “ sign on it, places the Craigslist ad and puts the ad in the newspaper. Then there’s the “Bob’s Auto Sales” -the small local dealership… That said, most KZbin content creators are a landlord that would be equivalent to one of these levels. Now, to keep with this analogy, I’ve never put my car in the driveway to sell it , nor have I ever owned my own private small dealership. Instead, I come from decades of working at the “Toyota or Chrysler” dealerships (as an analogy-not literally) . My courses teach the “Bobs Auto Sales” (small property management company) and the guy who puts his car in the driveway to sell it(the small 8 unit apartment owner) all the business practices that we teach our staff at Toyota and Chrysler (the large National Property Management firms). I hope that analogy makes sense. These companies are deep into training their leasing staff. I take all that training and education that we give our associates at the big national companies, and bring it to the small landlord/small property management outfit. I offer courses on Fair Housing, Marketing and Leasing tactics, Proper Application Processing Procedures, and General Property operations. Each of my classes come with a downloadable PDF textbook and Forms/Templates that pertain to each class. For example, the General Property Operations class (titled “Move In Day and Beyond) comes with editable forms for “Preventative Maintenance Checklists” for winter, spring, summer and fall. The class “Mastering the Art of Apartment Marketing” comes with a ‘Competitive Market Study’ template that you can use to compare your property to your competitors and thus set your rental rates more accurately. The “Rental Application Process Procedures” class comes with an “Income Verification form” and a “Landlord Verification Form” as well - just to name a few. I began my landlord training business after realizing that there is such a huge gap between the training and education that we have over at the large companies (such as Lincoln Property Co., AMLI Residential, Fogelman Properties, etc.) and that of most small landlords. www.Jppropertyconsulting.com
@DougMarty14 күн бұрын
Control.
@dilmuratgapparov510715 күн бұрын
Another amazing project! What was the rehab cost done? Any idea on AVR? Thank you for your videos! most educational Section 8 creator out there!
@section8guy15 күн бұрын
Thank you for watching!!
@dantefuego15 күн бұрын
Very glad i found you Rhett, what state / region are you based out of ?
@section8guy15 күн бұрын
I am based out of Nashville!! Thanks for being here
@dantefuego16 күн бұрын
Would you happen to know a good management company in Laramie county WY ?
@section8guy16 күн бұрын
No, we dont do anything in Wyoming!
@namteezee17 күн бұрын
True. Facebook sucks. Lots of scammers there.
@salomonwupuy169620 күн бұрын
Hello Rheet, where are the properties located? Thank you.
@merlin867530922 күн бұрын
With that much poor workmanship it makes you wonder what else they did that you CAN'T see.
@section8guy22 күн бұрын
100%
@ronanf169622 күн бұрын
what kind of education should one have before buying a house for this purpose?
@evangelistaivanbaez457123 күн бұрын
I love this content. Where do you are located?. I have a house that i bought in 2019 and I have almost 150k in equity and I don’t know if selling or rented? I’m in florida. If I selling I thing I can buy multiple units, but no here in florida. House in florida are too expensive.
lmao "just do it!" well that is kinda my mindset rn but its more then that. in order for me to actually be able to "do it" im gonna be living out of my truck and saving up alot of money. many people wouldnt do that to make their dream come true and settle because there comfortable.
@section8guy24 күн бұрын
Exactly. If you want what other people don't have, you need to do what other people don't want to do.
@Djaquez25 күн бұрын
Hi Rhett, I’d love for you to make a video for non-residents about financing options and how we can get involved in Section 8. Is that content already available on your coaching program? Thanks!
@section8guy25 күн бұрын
Hey! We do a TON of financing for foreign nationals! Send me an email! [email protected]
@Djaquez25 күн бұрын
Hi Rhett, I’d love for you to make a video for non-residents about financing options and how we can get involved in Section 8. Is that content already available on your coaching program? Thanks!
@DONWILLCERTIFIED25 күн бұрын
Great video Man.
@section8guy25 күн бұрын
Thanks for watching!
@LaniTrades25 күн бұрын
Hey I’m interested in your coaching, I applied for it but never got an email back? And also if I get the coaching does it come with the course?