How to Buy a Rental Property (Step-by-step)

  Рет қаралды 11,737

Chandler David Smith

Chandler David Smith

Күн бұрын

Пікірлер: 80
@GreggoryThorpe
@GreggoryThorpe 3 жыл бұрын
From someone who has a rental property, you need to listen to this guy. He knows what he's talking about
@ChandlerDavidSmith
@ChandlerDavidSmith 3 жыл бұрын
Thanks man 👊🏻
@GreggoryThorpe
@GreggoryThorpe 3 жыл бұрын
@@ChandlerDavidSmith I use your multi-family cash on cash return calculator daily. It's made my life so much easier lol
@likes-yv3lj
@likes-yv3lj 3 жыл бұрын
I love your app! I was showing my brother a property and ran the numbers with the app several days later he called me and asked what that app was called because he liked it so much.
@greydenpiechnickrealestate6928
@greydenpiechnickrealestate6928 3 жыл бұрын
21 years old... 30 houses seen, 2 FHA offers denied...JUST GOT MY 1st OFFER ACCEPTED!! Duplex! Conventional! I used a Pittsburgh Move In Grant $7,500 off closing costs! Get creative to save $! It’s a tough tough market to buy FHA! Onto Due diligence!
@JonathanSorunke
@JonathanSorunke 3 жыл бұрын
Rental properties are one of the most simplest businesses to run and set up. Great break down Chandler!
@gregsgrowth530
@gregsgrowth530 3 жыл бұрын
And best way to be financially free.
@ChandlerDavidSmith
@ChandlerDavidSmith 3 жыл бұрын
Thank you!
@mailthecow
@mailthecow 3 жыл бұрын
Thank you for the inspiration Chandler! I'm 21 and saving up for a duplex to live in. Your videos are a game changer.
@dennismc8145
@dennismc8145 3 жыл бұрын
Hey thanks for all your videos. Your in my top 3 with kevin and gram. Keep it up. #firstcomment
3 жыл бұрын
Same here top 3! But cant forget big Ben Mallah!! Grant cardone was the first person to get me into real estate but he has faded off for in all honesty
@nita0102
@nita0102 3 жыл бұрын
Chandler doesn't have enough subscribers wtf?? learned so much in each of his video!
@samzoofficial2206
@samzoofficial2206 2 жыл бұрын
Thank you so much For teaching us the real states.
@lucash7572
@lucash7572 3 жыл бұрын
You should say something to comfort Stradman his father passed away. #RipPapaStrad
@mytravls
@mytravls 2 жыл бұрын
Can you share what questions to ask when looking for a multi-unit investment property?
@greydenpiechnickrealestate6928
@greydenpiechnickrealestate6928 3 жыл бұрын
I don’t agree on 4-5 realtors tho. Find the RIGHT ONE. Show them you are serious and respect their time in showing you properties. It WILL pay off. They don’t want to feel like they are working for free. And might not land the deal with you! Respect goes both ways.
@pawelwisniewski6849
@pawelwisniewski6849 3 жыл бұрын
100 %
@beefg737
@beefg737 3 жыл бұрын
Loving (and finding very helpful) all of your videos Chandler!
@Terror_Rick
@Terror_Rick 3 жыл бұрын
What if you find a killer deal on Zillow or something? Do you still need a realtor, and if not, what is the best way to handle those?
@tulio3571
@tulio3571 3 жыл бұрын
HI there , i heard before that one should not use your own money , i quite dont understand why not , let say i want a property , asking price is $450,000 , I have $100,000 on hand , but i can get in there with 10% $45000. What would you recommend or thats not enough info . Thanks
@molondon3071
@molondon3071 3 жыл бұрын
Great video like usual I really like this high quality content thank you chandler your a blessing to the community
@countrifiedjose7537
@countrifiedjose7537 3 жыл бұрын
What about buying a single family home for a rental property if you already are paying on a mortgage? What are the requirements from the lender?
@andrewkennedy3859
@andrewkennedy3859 3 жыл бұрын
Great video. I want to invest in real estate rental properties now. I have watched a lot of these videos. NOW - tell me why Vangard index funds, lets say the one that tracks the SP 500, why is this a horrible idea. I understand that real estate is your focus. The thing is, if i have rotting money in the bank account, and if their are index funds that are pretty safe, very very safe, lets get the word out about these safe bet index funds to the world. A game changer.
@andrewkennedy3859
@andrewkennedy3859 3 жыл бұрын
@Gabriela Shaun thanks
@thearts7702
@thearts7702 3 жыл бұрын
Can you make a video on how to do a 1031exchange (step by step)
@tulio3571
@tulio3571 3 жыл бұрын
Hi there , do you think wells fargo is a good bank to have a relation with is a good bank ?
@jake_steele
@jake_steele 3 жыл бұрын
Going to look at one this week! It will be my first one!
@CalonHeindel
@CalonHeindel 3 жыл бұрын
You mentioned what to talk about with relators. What is the best way to connect with relators?
@jeimefernandez7363
@jeimefernandez7363 3 жыл бұрын
Hi chandler! Thankyou for all the videos and tips! I want to buy my first rental property but before i do so, i want to learn more about what certain words mean like “principles and aprreciaton” so, what book do you suggest so i can educate myself???!
@izamatic5801
@izamatic5801 3 жыл бұрын
If you say you’re going to stay in it to get the 3.5 percent down but then rent it out what would happen ?
@kyleross2146
@kyleross2146 3 жыл бұрын
turns volume half way down.... clicks on a chandler smith video
@CalonHeindel
@CalonHeindel 3 жыл бұрын
I am a numbers guy, so this was super helpful for me!
@907FantasySports
@907FantasySports 3 жыл бұрын
Motivates me to get into real estate!!
@jw7665
@jw7665 3 жыл бұрын
Step 1: Have an all cash offer Step 2: If you don't have step 1...try next year lol
@brianrioz2454
@brianrioz2454 3 жыл бұрын
How can we have you as a mentor? I just got approved for my VA loan and would love some 1 on 1 advice
@deenoyaman3767
@deenoyaman3767 3 жыл бұрын
Hello chandler im a really big fan I am learning of u but i am really trying to look for someone to help me do my first deal to understand it more visually In person
@u2fkeys665
@u2fkeys665 3 жыл бұрын
Just downloaded the rental calculator
@onlyushotboys5691
@onlyushotboys5691 3 жыл бұрын
Ay chandler where's the link for your app?
@mike2959
@mike2959 Жыл бұрын
I want to comment on the financials here. There’s other options for those of us that are NOT a W2 employee. Or don’t want to submit the paperwork. I’m SURE being an investor you know about DSCR loans. No W2 needed. No tax returns needed. The PROPERTY must qualify. Which is actually a SAFETY net. You do need a a 680 (some lenders lower) credit score. Chandler, to say that you need tax returns. Or employment. Or all the traditional things. Not true. And….yes the interest rate is about 1% higher. And yes you MUST have a min of 20% down. I just closed on a 16 unit 7.5 interest 30y fixed. As of September of 2023 that’s not bad.
@Tokernoph
@Tokernoph 3 жыл бұрын
More content like this 🙏🏼🙌
@jeffdorris5321
@jeffdorris5321 3 жыл бұрын
Nice work 🎆✨🎇
@Josh-mo3ou
@Josh-mo3ou 3 жыл бұрын
New subscriber here, great vid
@DaytonaJET
@DaytonaJET 3 жыл бұрын
Me and my friend are 20 and trying to get rental properties with hard money
@edwalters3282
@edwalters3282 3 жыл бұрын
How do I find wholesalers in my area?
@ryana3579
@ryana3579 3 жыл бұрын
Good timing lol
@Ditronus.
@Ditronus. 3 жыл бұрын
I've noticed a similar trend in your recent video comment sections: you have some girl wishing she "woke up with $80,000 in her portfolio," and then a bunch of other rando simps replying to her. I suspect bots. Am I taking crazy pills here? Haha.
@ChandlerDavidSmith
@ChandlerDavidSmith 3 жыл бұрын
Nope crypto spammers have gone insane. Please report those you see
@MatanColl
@MatanColl 3 жыл бұрын
Next video: How to sell pest control(Step By Step)
@kingamen7475
@kingamen7475 3 жыл бұрын
I’ve saved over 20,000 dollars in the past year I make 20,000 a year I really want to buy a Duplex to house hack but why can’t get a mortgage. I have good credit and and a down payment is there any other way🤦🏾‍♂️
@StephBClife
@StephBClife 3 жыл бұрын
I’m not him but We needed 2 years of employment history, preferably with the same employer so they recognize you’re dedicated and not a job hopper per say and not a risky client. If you ever missed a payment on anything, it’ll affect you. Good luck 😊! We also had to pay off our credit card. Our broker said try paying off at least half before it was time to speak with a lender. We ended up paying it all but just saying putting large sums down on credit debt helps!
@MigzXP
@MigzXP 3 жыл бұрын
You could co-sign with a parent or family member with history of income and buy a property. If not just work for two years
@kingamen7475
@kingamen7475 3 жыл бұрын
@@MigzXP Appreciate the response.I’ve worked two years but does that mean fha will give me a mortgage
@miachioe4094
@miachioe4094 3 жыл бұрын
I want to wake up one morning and find out that my portfolio is $80,000 . I know it’s possible
@derekphilip5744
@derekphilip5744 3 жыл бұрын
Plan your investments with good portfolio manager and I can assure you that in few months your account will be more than you dream
@johnsonray1505
@johnsonray1505 3 жыл бұрын
Another good one, Tobias trades services is becoming so helpful than I ever imagined he’d would be in this space .
@jasonfeder4576
@jasonfeder4576 3 жыл бұрын
I never doubted trading with Tobias after seeing his POT (proof of trades) l made good profits last months , I hope to make more
@clintovc5886
@clintovc5886 3 жыл бұрын
Tobias strategy is great I’ve used them since 2017. I’ve average 3,455% per yr !
@hanafloral3353
@hanafloral3353 3 жыл бұрын
I do thank him and recommended him for those out there who are confused about trading and forex too should try investing with him. His trading services is working very awesome.
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