15 Mistakes New Investors make on Fixer Uppers.

[@mitchellmccauley160]

Love how educational your videos have gotten! Also, you have gotten really smooth with how you mention/teach investing now. I love it, keep it up!

[@MeetKevin]

Thank you so much Mitchell!!

[@JasonWalter1]

Mitchell McCauley and his videos are even better now! I don’t know how he does it. Practice makes perfect?

[@gasdorficmuncher9943]

@@MeetKevin too many noobs in my area cant sell , they want 75% of my pie and make double witch leaves me nothing

[@GeorgeGammon]

Incredibly high value vid. NOOB's take notes. I've flipped 40+ properties in several countries, and the process Kevin just outlined is exactly how it's done in real life. 👍

[@MeetKevin]

Thansk George!

[@ida4587]

How do you flip houses in different countries, do you travel personally or do you send someone? I have a full time work but would like to get into flipping on weekends.

[@mcalann]

Old school RE MeetKevin videos are the best

[@Ryan.F86]

CA real estate is insane. That crack shack is $400k? WTF?!?!?

[@MySipuli]

RManning404 Say no more. In my city new penthouses in the city center cost the same. This kind od shacks maybe 5000 Lol Perspective

[@JustinAKaram]

@@MySipuli and what city is that?

[@MySipuli]

@@JustinAKaram In Northern Europe

[@Jim-vq9yg]

$399,999 for the land, $1 for the house.

[@ladyplantzalot6987]

Crack shak..... Lmao I m done

[@AndresTalamantes]

Underestimating repairs is so true. There was repairs in this video that didn’t even occur to me. Good stuff!

[@MeetKevin]

Thank you!!

[@LiveOperations]

I love all of your videos Kevin! Please continue to make more. I realize I learn much better when watching your videos versus watching other investors videos. I hope Grant Cordone’s case against you gets thrown out by the judge. You are such an inspiration & a good educator trying to help us (un-educated middle class civilians) improve our lives & relieve us of financial debt. Which in turn improves the economy overall. Grant Cordone should have contacted you personally about the issue before trying to sue. Instead he’s using it as an opportunity to shut you down and take your money. Everyone deserves a chance to make things right. Thanks so Much! Witney- Honolulu, Hawaii

[@ZacharyLaid]

These videos teach so much it’s awesome, Kevin brings us into his reality

[@MeetKevin]

Thanks Zachary!

[@going2sleep]

$519k for 750 sqft house. Housing market is crazy there.

[@Arkine13]

I wouldn't pay that much for a 750 sqft unless it had a couple hundred acres of land with it, a barn and a shop. ;)

[@josephthecreator]

@@Arkine13 I was thinking the exact same thing. That number slapped me in the face lol.

[@NotShowingOff]

Demand is demand.

[@mattrobson3603]

Lol, yeah. Where I live, half a million will damn near buy a mansion.

[@gagewaterhouse4323]

That thing would sell for like 18K where I live😂 BTW I live on the middle of Nebraska.

[@KevinBrownn]

Here in Kentucky, $405K will get you a mansion haha crazy to see the difference in markets

[@glugapean]

The fact that you gave a real world example with maths and everything included makes you easily the best Investment KZbinr out there. Just turned 21 yesterday and thanks to all your advice along with researching other ways I'm almost ready to give something like this a go. Thank you so much for providing advice like this

[@YakMotley]

Wow! Its expensive out there! I just picked up that same house here in Fl for 50 k lol. Great video! Smashing like button!

[@mattk8810]

Not anymore!

[@samroche5140]

I've seen quite a few of your videos, this was the best by far. Surprised how knowledgeable you are with regards to building trends from 1925. Crunching the numbers was great too!

[@bukkysonubi4129]

Hello Kevin, What application are you using for the remodel preview you're showing us in this video? I really like your channel. keep it up

[@mr.m2346]

Love these “noob vs pro” walkthrough videos!

[@Alan-Riggin]

Kevin I buy houses like this in Oregon for around $50,000 they rent for around $650 to $700 a month and I love it.

[@kdlee3316]

Where? Must be Eastern Oregon?

[@Alan-Riggin]

Southern Oregon

[@Jeff-ns7wx]

Kevin, please do a Fixer uppers :EXPOSED

[@jonathanvest4963]

That was EXCELLENT, Kevin. Love your keen eye for renovation costs and your analysis at the end. Would love to keep seeing more of these!

[@origami4997]

I really like these types of videos.

[@MeetKevin]

More coming! :D

[@BryanGuerratv]

That feeling when you’re watching these vids & constantly identifying with the Noob 🙃

[@jamesgallegos8160]

You live and learn

[@danithaman4610]

The maker of this video was once a noob

[@coopzcustomz693]

LOL I love these older videos, you knowledge is above the normal person and you have continued to grow! Inspiring.

[@carriehoeckendorf6869]

OMG gravity hole....bout fell out with the Halo cut scene. Love it!!

[@alexjedlicka8567]

First time watching ur channel and I love how you get straight to the point. And then give the lord and cons of each situation as well as showing different points of view and then the optimal choice

[@obedg4614]

Awesome video man !!!!! Love it 👍📈

[@ZacharyLaid]

First to support Kevin 💯🔥

[@MeetKevin]

you rock!

[@carefulconsumer8682]

Excellent explanation. For $500k my brother just bought a huge place in The Woodlands with lots of trees, emerald green grass all around, small lakes, great schools, etc. Amazing the difference in prices/sq ft. Thank you for the video.

[@jvaldez5]

Bought my second home. Using a lot of your techniques. Saved a ton of cash and confident in what I do. Illl go to your next seminar

[@jk4794]

Enjoy the breakdown on this potential fix n flip. Valuable analysis. Thanks for sharing Kevin.

[@MeetKevin]

thanks for the support!

[@MariposasMane]

Hey Kevin, thanks for doing this. This is the next venture I'd like to pursue after my current rental because most of the homes in my current area don't cash flow well. Eventually I'd like to start going to auctions because investors are not really looking into the areas I'm monitoring. I'll probably look into your class once I actually have more capital to utilize on fix and flips.

[@Black_Jesus3005]

Halo reference very nice

[@MeetKevin]

Thank you!! Miss those days

[@nova31337]

@@MeetKevin Miss those days as well. Good times.

[@jasonmcvey987]

Thanks for the numbers breakdown! Great video

[@Imaboss42095]

So excited for the revisit of the flip on this house

[@DW-yb5pk]

My brother bought a house in Dallas for just under $500,000..........Its 4000 square feet......5 bedroom 4.5 bath, pool, made of brick, spiral staircase, unbelievable home. Anyone chancing this house is gonna hold its value in California is crazy........people are leaving in droves.

[@cherylcampbell7495]

After fixing and putting the property up for sale how do you keep vandals out ? Don’t like the location unless I own the car dealership.

[@nikmistretta8508]

What software were you using to visualize the post renovation layout

[@StyleSensePlus]

Thanks for being straightforward and informative.

[@MeetKevin]

anytime; expect more

[@MoustacheAlexander]

Best content of its type on KZbin.

[@Silvacooper]

Why divide .94? How did you come up with that number?

[@williambowne7522]

Broker commission. Seller pays 6% to Realtor representing the property.

[@SkinnyAnimus]

Wow you are getting such great sponsorships now. You are growing so fast!

[@joshuapfaff5166]

Glad I dont do flip houses in your area. Those numbers are all outrageous!! My first flip house was 2-3 times bigger then that house and costs a 1/3 of your estimate to fix.

[@doja_dre]

I love when you put those obscure video game references in your videos!

[@MeetKevin]

It’s all about the truth! And reconciliation 🤪🤪🤪

[@marism6787]

Awesome content, thanks for the info. What are some resources where you can learn some of the things you mentioned such as pipes, hardware, structural, etc?

[@CodyMcDowell]

Awesome tips! I am gonna have to go through a few of your videos here soon before I start looking at properties, its finally time! :D

[@Charlesgreef]

Thanks Kevin! this video was very informative.

[@vinnyt.8027]

Pertinent information packaged within my ADD timeframe 😁 keep up the good work Kevin!

[@austinwalters4927]

Kevin! I just want to say this is one of your best videos in my mind. I'd love to see more like this 👍🔥🔥🔥🔥🔥🔥

[@misterle8352]

what is the software that you are using in 8:38 ? Thank you

[@jlhanes]

In the midwest a house like that is worth 30-40K and might sell for 70-80K fixed up. Should I simply be looking at larger houses with more margin, or spending less on remodeling? Would it make more sense to spend less and rent a house like this? Thanks for all the great info!

[@JORLANDO93]

Great video!! Really enjoy these types of videos by YOU! 💯💯💯

[@CandiceMarquette]

I love these types of videos. I learn so much and it’s really your best super hero talent

[@sorahweiss5821]

I loved this. Will look out for more of this kind. Also, what's minimum to be valuable to an "AS IS' property sell.

[@JasonWalter1]

SORAH WEISS hey I’m a Realtor in CA too so maybe I can help. What do you mean by “minimum to be valuable”?

[@DKM905]

Love this kind of information!

[@lorrieiam]

Cool analysis for me! I have a 725 sq ft 1950s. Not sure yet what to do. Thanks!

[@MeetKevin]

there ya go!

[@eugene4950]

Murica ... where 700sq ft shack that should be demolished is called a "house" and people are lining up to flip it for 400k+

[@shorodipchowdhury9006]

Eugene trust me.... It's worse up here in Vancouver, Canada

[@willn8664]

That's just in Cali. Cost of living is ridiculous hence why there's a lot of people on Skid Row.

[@mycelia_ow]

Dude that's not "Murcia" lmfao. This is in Southern California. In MOST of the U.S. 400k can get you a FAR nicer and bigger property. You dont understand property values lmao.

[@roshawn1111]

@@mycelia_ow LMFAO right, California and new york are horrible to live in here in texas a 400k house would be massive www.zillow.com/homedetails/12535-Juniper-Xing-Houston-TX-77041/58675540_zpid/? www.zillow.com/homedetails/2535-Talina-Way-Houston-TX-77080/28105334_zpid/

[@blank6521]

405,000 for a 700sq ft house That is a ton

[@joelcruz6913]

Left Twix that’s Normal in Cali hence why everyone moving out lol to like here Arizona 🤦‍♂️

[@MeetKevin]

Couldn't agree more! Insane!

[@MeetKevin]

Exactly -- I'm helping a lot of sellers who are packing up and leaving! #Truth!

[@blank6521]

Meet Kevin In St. Louis you can get a 2000 sq ft house for $ 350,000

[@blank6521]

A Conneely Yeah it is only me and my 1.3 million friends

[@aro0214]

Awesome video. I can come back for this stuff.

[@cinbenavides7231]

Lmao from our sponsor MEET KEVIN! Gotta love the self sponsorship

[@jason_v12345]

To those of you living outside of California, yes, Kevin did just estimate the as-is sale price of that uninhabitable house at $405K.

[@MeetKevin]

It'd sell for $405 -- it's on the market

[@thefloridamurphys6282]

Wow this is super comprehensive. I’m doing a home remodel right now for something I’m gonna keep and rent out. But I’d love to do my first flip next year if I can. Thinking of buying your course. But is that smart if I’m buying in florida? I don’t live in Cali!

[@JasonWalter1]

The Florida Murphys as far as I know, his course would apply to anywhere in the states but I’m not a course member. Crazy times right now with COVID-19. Is that causing issues with getting your remodel done?

[@ThaylorHarmor]

Let’s start a campaign to get Kevin a steady cam for his phone

[@TonyandDakota]

This looks like the kind of stuff I invest in... except I live in Indiana so more like $50,000 total investment.

[@MeetKevin]

crazy disparity in price between the regions -- how's your appreciation up there?

[@TonyandDakota]

Meet Kevin nearly non-existent appreciation here lol. My friend bought a house in 2013 for $150k that is worth $175k now. There are still people who flip all the time for $10-30k profits. I would rather buy and hold. CashFlow focus. Pay less in taxes.

[@TonyandDakota]

Meet Kevin rents are $450-900 for a 1 bed 1 bath apartment depending on the location in Fort Wayne, Indiana.

[@JuancoPRoFlow]

Except *

[@TonyandDakota]

A Conneely- that’s what I was saying. Flips aren’t as good here in Indiana. It doesn’t make sense to make $10k when you can buy a house for $50k and make $10k in rent the first year. If you structure the depreciation up front and you have the property leveraged, you may not even have to pay any taxes on the $10k in rent the first year.

[@skylancer825]

This real estate content is entertaining and informative, i cant get enough! Keep it up bro!

[@3mzodiactherapy59]

THIS IS IT KEVIN! Excellent

[@isaiahandalon2153]

How does it work when you represent yourself? Also, what program were you using when you were touring the kitchen, great content bro!

[@fivemillionthreehundredeig5696]

Who do you contact about fixing the house? Or do you do it yourself? If that's the case where do you learn to fix it?

[@infillvaluecreation]

Why don’t these junk homes get torn down and replaced by a semi detached or a rowhouse project ? With land value of 400 you’d think it would be viable to create two units with land value of 200 and then spend 300 each side for a 1500 sq ft two storey.

[@onetwothree4148]

Totally bizarre to me that anyone would seriously imagine spending $90k on this property to do anything other than tear it down and build something better.

[@Timelyxx]

One Two Three agreed. There’s nothing good about that house/location.

[@joonsuh8175]

A lot of this information was really helpful, and I actually ran into some of these issues on my first property which was a fixer upper(hope that makes you happy Kevin;) )

[@kfstreich4787]

0:50 I hate it when that happens, I passed on a property last week because the neighbors to the south looked worse than the actual junk yard.

[@MeetKevin]

WOW nuts!!!

[@kfstreich4787]

At least most junkyards are neat and organized, most folks can't see past the old cars

[@ArmandoPerezContractor]

Hi Kevin. I am new viewer .I really like your numbers, they are real.I am a Florida contractor ,Done flips and new constructions in Sarasota.Those numbers are good.

[@XtremeBeautyMode]

What’s the software you’re using for the house redesigns??

[@somphothbsiratsamy3748]

Been planning and crunching numbers all night. Thought i could use my school loan to use. Approximately 9,000. I found a 1976 house on a old golf course for 45,000, pretty bad interior and porch condition. Think i could replace all the walls and floors, straiten up the exterior, and flip it for a profit of 25,000. What do you think?

[@francescom9234]

Can someone tell me what outro music is called

[@wolflokie4167]

Great information thank you so much!! I’m new and good to know what the REAL costs are !! 😅

[@rayrojo1172]

Now these are the videos I want to see from you!! Great stuff kev! Keep it up! I criticized you for that Cardone video but you won me back with your recent video saying you weren’t going to do that garbage anymore! Awesome stuff!! Love your investor program too!

[@VZOUTTAHERE]

Thanks Kevin much love from Australia 🇦🇺

[@MJ-ge6jz]

Very informative... seeing these repair numbers made my eyes pop out of my head! Yikes....yes, you need to crank the numbers, especially as a NOOB Real estate investor. Will need to purchase your course when I am able to jump in.

[@MeetKevin]

Can't wait to see ya there! ty for the watch!

[@e2thelp98]

By the way i forgot to ask. What kindof qualifications do you need to be able to flip houses? What does the real estate governing authority require from you is what i mean i suppose?

[@LogWithNinjaSpeed]

these kind if videos i can stand behind.

[@MeetKevin]

yay!

[@thedeafgenius]

I am curious as to why you are sticking to the California house market where prices are ridiculous when you can go to Florida, South Carolina, or even Texas for bigger profit margins and less work?

[@Sellingtheberkshires]

Love this new video concept!

[@unsortedguy]

Love finding random halo references 😂

[@e2thelp98]

Love your stuff man. Pretty informative. Hope Mr. Cardone doesnt still dislike you :P

[@ericjones7362]

Kevin, what is the program your using to create the house remodel in ? At the nine minute marker

[@yehudagoldberg6400]

He's showing actual house, it's a 3D tour.

[@patmcgregor]

You could take and skim coat the stucco and then run a nice looking finish

[@santostuner]

Thanks bro love the video keep these up. Love them really helps on what to look for and where to use all the money and show the profits. I have one question though do you do the construction like some of the things? I think I heard from your last videos you had like your own little team or something? Is that included with the cost your making or is that separate. (When I start since I know some construction ima try to go with things I can do by myself and then something’s I can’t I’ll either try to figure it out so I can learn or hire someone?? What would work best???) but I’m more interested in renting

[@aboubakr1527]

Kevin is a gamer

[@warlock111395]

This really goes to show how location effects price. That same house in my area would be worth a maximum of $100k if it was in decent shape. Things are cheap here in Oklahoma.

[@brandonwilkins6816]

warlock111395 that house would be worth 30k where I live lmao

[@neft5449]

Heck yeah, Oklahoma real estate! Found a fixer upper on Craigslist, asking price was $134,000 but it had 4 bedrooms and 2.5 bath. It was in Bethany

[@randomvideosn0where]

Around me it seems really popular to buy a house and make the finish WAY too high end for the area. This is lousy because the houses end up sitting vacant, the flippers lose a bunch of money, and people are priced out of the market.

[@sscollantes63]

Hey Kevin, awesome video,what program was that where you showed the possible renovation of the flip. Great way to visualize it. Thanks for sharing your knowledge!

[@muzzer3726]

$500,000 Is a large waterfront property in my town.

[@JasonWalter1]

My Muzzer nice! You’re obviously not in CA 😊💰

[@GeorgeNicola]

Great video Kevin.

[@youtubesurfer7271]

Love this. More vids like this please.

[@Joeyjojoshabadoojr]

This whole video can be full of BS information ill still like it for that halo scene. My favorite game ever. I wasn't even paying attention at first then I seen a pelican and sergeants Johnson's voice and thought I clicked not the wrong video. Well played Kevin.

[@MeetKevin]

hahahha that's awesome thanks Ding -- I have that entire intro memorized so the "it's a gravity lift that carries troops and supplies between the ship and the service, that's our ticket in" scene instantly came when I talked about the "gravity hole" LOL

[@MeetKevin]

Dind*

[@Joeyjojoshabadoojr]

@@MeetKevin Lol me too! Halo one cutscenes mesmerized me as a kid Truth and reconciliation was one of my favorite levels! I think I'm going to replay it right now. Oh don't worry about my name either I made it years ago when I was drunk I'd change it but I always forget how.

[@joeychitwood6004]

Bubba, I like your channel. A Noob drives a Tesla. A Pro drives any other TRUCK. :)

[@semihypebeast1890]

Nice Video 👍

[@thething168]

Another pro might say. Hum a car repair shop next door...I see a commercial property that can be prep and rent for cashflow that later can be resell when equity happens ;)

[@AnthonyBurbidgeTV]

Is there a follow up video for this house?

[@brax0789]

7:16 “haven’t seen any cracking along the exterior” Theres a crack behind you on the chimney

[@giggityeffyou]

Good catch. Would that be a sign of foundation issues? California earthquakes or what?

[@Jonteee]

please show what this looks like after renos

[@mcdoj2763]

I'm an agent in the Midwest, those numbers are scary for a property like that lol I just showed a 3000 SQFT ranch on 2.5 acres built in '85 with excellent quality and materials. Only needs a little cosmetic updating. $305k. With $30-40k in updates it's probably worth closer to $400k. Its crazy what you can't get for the money on the west coast.

[@mcdoj2763]

It also has an oversized attached 3-car, a detached 2-car 2-story toy shed/garage, and a basketball court

[@kcgunesq]

@@mcdoj2763 Ahh, yes. But your mid-west house doesn't have homeless people defecating on the sidewalk or city programs where they give drug addicts free needles that the can dispose of in the gutter. Plus, don't forget that your house isn't likely to be destroyed by earthquakes or wildfires. You have to pay if you want to live in paradise.

[@mcdoj2763]

kcgunesq haha you're absolutely right. It only has sprawling wooded areas, rich wildlife, hiking trails, mild weather, no traffic. The demand is so low for poor conditions like that, houses have to go for cheap.

[@pawelwisniewski6849]

Good video , thx