What I Learned After 6 Years of Owning This Duplex

  Рет қаралды 47,635

Chandler David Smith

Chandler David Smith

Күн бұрын

Пікірлер: 120
@jacquelinefernandez3018
@jacquelinefernandez3018 3 жыл бұрын
I tried that too, letting the tenant take care of the lawn and snow they don't just and it's especially with a multiunit. It's best you take care of it yourself. I still actively managing my properties..
@allisongreenlish7635
@allisongreenlish7635 3 жыл бұрын
Trading bitcoin is now very straight forward unlike before. Being a premium cryptocurrency earner, I have only been able to create good history, so I understand
@ryanlawson9838
@ryanlawson9838 3 жыл бұрын
We all know trading crypto is now very risky if you don’t have a working and excellent strategy like Antonio Ethan strategy, you will certainly lose if the price isn’t good
@racejames9342
@racejames9342 3 жыл бұрын
You should be considering getting yourself a professional broker for your trade.
@jimmymartins1564
@jimmymartins1564 3 жыл бұрын
No longer need any motivation to switch from hard core holding to trading,After my first profit trading with his signals which ran into some good thousands...
@aereree9561
@aereree9561 3 жыл бұрын
How can I get in touch with him?
@Alaric2030
@Alaric2030 3 жыл бұрын
This is like SNL skit. Best video ever! I want to see a show just with that couple.
@CaseyBurnsInvesting
@CaseyBurnsInvesting 3 жыл бұрын
I can’t even imagine where you’ll be at in 10 years. Keep killing it man.
@shukubinking3714
@shukubinking3714 3 жыл бұрын
@@user-cx2qi2dk1f 😂😂😂😂😂
@kwarmrakseadum9083
@kwarmrakseadum9083 3 жыл бұрын
That couple gave me nightmares for days 🙉
@jmventurelog
@jmventurelog 3 жыл бұрын
Thank you for these valuable videos🙌 I'm 20 now and I run a pressure washing business with my brother and we're looking to buy properties soon
@itsclaver7125
@itsclaver7125 3 жыл бұрын
How much do you make with a pressure washing business
@bootywarrior6958
@bootywarrior6958 3 жыл бұрын
@@itsclaver7125 I guess enough to start buying properties soon
@Dancing_Alone_wRentals
@Dancing_Alone_wRentals 3 жыл бұрын
You will make a good land owner. Coming from a background of cleaning and maintenance is perfect! Could not be a better foundation for success ahead!
@AlexM-vt5pu
@AlexM-vt5pu 3 жыл бұрын
@@bootywarrior6958 🤦‍♂️🤦‍♂️🤦‍♂️
@parkermj
@parkermj 3 жыл бұрын
07:25 - I need to find one of these good management property. Guess that was my issue all along.
@tylerleuschen8132
@tylerleuschen8132 3 жыл бұрын
@@user-cx2qi2dk1f fuck oooooofff
@DayanaPlays
@DayanaPlays 3 жыл бұрын
You kept your cool and it's great to have that temper. Sometimes that's the best attitude you can have when dealing with situations like these. Great video and keep up the good work 😊
@brandonharper7171
@brandonharper7171 3 жыл бұрын
Insane to get sued by a guy and still have a good working relationship. All things I haven’t gone through or learned yet. Thanks for sharing Chandler!
@steven-bd3jc
@steven-bd3jc 3 жыл бұрын
I just bought 4 duplex this year. Its so hard for me to looking for a good deals now days.
@enzoferrari88
@enzoferrari88 3 жыл бұрын
Create the deal yourself. Find an empty lot for under market value and get a loan and pay a construction company to build a duplex at $75-$100 a sq ft.
@invest4motivation827
@invest4motivation827 3 жыл бұрын
City
@tcut230
@tcut230 3 жыл бұрын
Amazing video! Love your content and course. Closing on my 2nd duplex in Columbus, Ohio on the 15th! Lots of great nuggets throughout your content!
@alexcrichton8920
@alexcrichton8920 3 жыл бұрын
You and Graham Stephan are the two youtubers that sell courses that I respect
@Dreadpiratetrucker
@Dreadpiratetrucker 2 жыл бұрын
Love the videos Chandler. The information you provide is priceless
@FireSerpent
@FireSerpent 3 жыл бұрын
Shout out for over 100 properties... congrats bro!
@hank1972
@hank1972 3 жыл бұрын
I own a few rentals in Miami FL. And for your #1 point. Get a property manager. They should already be a rapport with the locals and know who can be good tenants. #4 many of your bullet points would ni be an issue if you get a prop man company right off the bat. Maybe it's an east coast thing vs west. Anyway yes real estate is the best investment for the money.
@nathanielcradle-yourrichfriend
@nathanielcradle-yourrichfriend 3 жыл бұрын
Great video Chandelier. You’ve not only learned from your past experiences, you’ve grown to really advocate for yourself and effectively communicate that through your channel. Bravo 👏🏾. Looking forward to gaining my 1st quad 2022 after a new build this Nov.
@JonathanSorunke
@JonathanSorunke 3 жыл бұрын
These are some really great tips! It’s crazy to me how many people don’t run the numbers. Great video!
@WilliamsSkilliams
@WilliamsSkilliams 3 жыл бұрын
Dude, awesome video Really appreciate it.
@user-ox3hu4oe6x
@user-ox3hu4oe6x 3 жыл бұрын
F•O•R•• M•O•R•E•• P•R•OF•I•T•• A•N•D I•N•V•E•S•T•M•E•N•T •• W•H•A•T•S•A•P•P +•1•7•1•3• 3•0• 9•9•1•7•0•
@Dancing_Alone_wRentals
@Dancing_Alone_wRentals 3 жыл бұрын
That tenant was just months our of a home's 30 year career. I'm glad you recorded it because believe it or not...Time forgets those people.
@jgg204
@jgg204 3 жыл бұрын
Giving a tenant responsibility outside of their own unit, never works out. I provide services, and bake it into the rent. For snow removal though, I do not include include snow removal in the lease for liability purposes, however I have a service that does it
@bebin73
@bebin73 3 жыл бұрын
Interesting video. I always take card of the lawns as I don’t want to trust that to anyone else. Also, if you could continue working with the person who sued you, why couldn’t you work things out without going to court?
@antoniostephano
@antoniostephano 3 жыл бұрын
It sounds like your perspective has changed somewhat since you posted the original video. In particular you are now acknowledging that the tenant although aggressive and in default made some good points. I appreciate the new insight and it helps reconcile what I saw in the original video. Keep up the good work and helpful videos. They are inspiring as well as educational.
@user-ox3hu4oe6x
@user-ox3hu4oe6x 3 жыл бұрын
*******F•O•R•• M•O•R•E•• P•R•OF•I•T•• A•N•D I•N•V•E•S•T•M•E•N•T •• W•H•A•T•S•A•P•P +•1•7•1•3• 3•0• 9•9•1•7•0•**
@brettmann6677
@brettmann6677 3 жыл бұрын
Chandler.........what up bro I'm here to learn....
@taniamatthews3058
@taniamatthews3058 3 жыл бұрын
I was very apprehensive about watching that video!!
@rickdunn3863
@rickdunn3863 3 жыл бұрын
You know why your successful, it's because your open minded and you learn from your mistakes. Glad to see you are passing on good advise to potential investors. Here is my advise DON'T SELL, where are you going to put 250k and get a yearly income of 7k? You certainly don't want capital gains after deprecation of the property. GREAT VIDEO!
@user-ox3hu4oe6x
@user-ox3hu4oe6x 3 жыл бұрын
Thanks for watching and commenting Don’t forget to hit... the subscribe button for more info....consultation...and advice...text W....H.. A...T...S... A...P...P+1/7/1/3/3/0/9/9/1/7/0
@steven-bd3jc
@steven-bd3jc 3 жыл бұрын
What year is that property?
@Mai-id4fw
@Mai-id4fw 3 жыл бұрын
Chandler, since the eviction protection is done and over, what happens to all those months that tenants didn’t pay? Are there government programs out there that help pay those or do you write those off? And what do you advise us in case if it happens again for owners? How do we prepare for things like that and what are ways to help get those paid when tenants don’t want to bc the government protection? Is there a way to sue the government as well? Are there other loopholes to this? Want to know your thoughts! Thanks 😊
@MoneyMike2002
@MoneyMike2002 3 жыл бұрын
Chandler is such a legend 🚀🚀
@facebookninja4085
@facebookninja4085 3 жыл бұрын
Have you thought of an exit strategy or do you plan on passing the business on to your kids?
@Dancing_Alone_wRentals
@Dancing_Alone_wRentals 3 жыл бұрын
This is a very very very good question
@facebookninja4085
@facebookninja4085 3 жыл бұрын
@@Dancing_Alone_wRentals thank you. I was kind of hoping he would respond. My wife and I are planning to accumulate all we can over the next ten years then liquidate all our properties and retire.
@facebookninja4085
@facebookninja4085 3 жыл бұрын
@@Dancing_Alone_wRentals what about you? What’s your plan?
@Dancing_Alone_wRentals
@Dancing_Alone_wRentals 3 жыл бұрын
@@facebookninja4085 Well....therein lies the problem. I counted the money owed for years, waited for the last payment. Then realized I had absolutely no plan for what would happen next. I am a ship at sea with no wind in my sails. I have a few ideas but no compass
@Dancing_Alone_wRentals
@Dancing_Alone_wRentals 3 жыл бұрын
@@facebookninja4085 I wanted to sell my first house, and buy a marina next to a landing strip. It was actually a good idea but waterfront land jumped while I was paying off the house. Oh well, plan B
@TrillasAdventures
@TrillasAdventures 3 жыл бұрын
What is your thought on a Series LLC to separate each of the properties?
@purge_thehumanrace
@purge_thehumanrace 3 жыл бұрын
I clicked on this video because I live in Colorado Springs, Colorado. We're one of the fastest growing cities in the country in terms of the cost of living. Its great your all making money off of this stuff but its hard for me to see shows like this when so many people everywhere here are struggling as hard as they are because apartment and rental prices have just about doubled from just a few years ago. these people are struggling because people like you all are milking all these people for every last nickel you can wring out of their already tiny paychecks. to line your pockets. Maybe half these people are shitty tenants or were irresponsible with their finances, whatever. im just chiming in because its amazing to me to see people so excited about what theyre doing, when it is directly responsible for stripping the quality of life from others. but hey, you got the big house right?!?!? great job guys
@shelleygreyrealtor
@shelleygreyrealtor 2 жыл бұрын
If people didn't become landlords, the government would.
@purge_thehumanrace
@purge_thehumanrace 2 жыл бұрын
@@shelleygreyrealtor if we only had a government that wasn't owned by corporations that might be a viable option
@MysteryMan245
@MysteryMan245 3 жыл бұрын
Is this a re upload?
@samuelseymour7054
@samuelseymour7054 3 жыл бұрын
Chandler you need a new intro badly that 2010 go pro montage song ain’t cutting it. Love your vids tho always slapping dat like button
@user-ox3hu4oe6x
@user-ox3hu4oe6x 3 жыл бұрын
F•O•R•• M•O•R•E•• P•R•OF•I•T•• A•N•D I•N•V•E•S•T•M•E•N•T •• W•H•A•T•S•A•P•P +•1•7•1•3• 3•0• 9•9•1•7•0•
@sideshowamit
@sideshowamit 3 жыл бұрын
You can't place your properties in an LLC if they under conventional financing ie using leverage
@user-ox3hu4oe6x
@user-ox3hu4oe6x 3 жыл бұрын
****A.p.pr.ciate your c.o.m.m.e.n.t..w.r-i-t-e o'n w•hat p.p.s+1:7:1:33:0:9:91:7::0 Let him know I d-i-rected you).***
@MrArtiisan
@MrArtiisan 3 жыл бұрын
What app are you using for that calculator?
@miguelquintana4536
@miguelquintana4536 3 жыл бұрын
What app/tool is he using to get those numbers?
@itsclaver7125
@itsclaver7125 3 жыл бұрын
Great video
@stephencamacho
@stephencamacho 3 жыл бұрын
How to run numbers on a new build with construction loan
@primorojo9481
@primorojo9481 3 жыл бұрын
Keep grind KZbin ❤️
@alexhino581
@alexhino581 3 жыл бұрын
These videos are gold. I dont know why this hasn’t blown up! Love your vids brotha!!
@user-ox3hu4oe6x
@user-ox3hu4oe6x 3 жыл бұрын
A.p.pr.ciate your c.o.m.m.e.n.t..w.r-i-t-e o'n w•hat p.p.s+1:7:1:33:0:9:91:7::0 Let him know I d-i-rected you).
@fvcrobert6944
@fvcrobert6944 3 жыл бұрын
You said to click the link above but I don’t see it.
@andydurand3630
@andydurand3630 3 жыл бұрын
Does anyone know what books he has in the background?
@jonweber98
@jonweber98 3 жыл бұрын
Been there. Buy assets. Sell off liabilities. Cash flow properties . Everyone wins!
@andyalejandre4386
@andyalejandre4386 3 жыл бұрын
What are good management company’s in Oregon
@Orionscribe
@Orionscribe 3 жыл бұрын
I've wondered what's become of that couple.
@djmadmike23
@djmadmike23 3 жыл бұрын
was that a real tenant or actor?
@AlexM-vt5pu
@AlexM-vt5pu 3 жыл бұрын
They love trying the tired old "I'm not satisfied with the service/product/etc, so I want something for free!" hustle.
@JesseCracksMTG
@JesseCracksMTG 3 жыл бұрын
I live in Austin, where the housing market is sky high. Any advice?
@teanawaypeaks158
@teanawaypeaks158 3 жыл бұрын
just like Seattle-nope high cap investment to make deals work. Remember this is Idaho Falls + growing rent pressure- still he is great deal maker hats off
@slbarr88
@slbarr88 3 жыл бұрын
Make offers that make sense to you. Also look elsewhere.
@Dancing_Alone_wRentals
@Dancing_Alone_wRentals 3 жыл бұрын
Check and see if you have friends that live in good but well priced areas. No matter what people say, two people can and do accomplish more than just one. It isn't about how many houses you have...it is all about the financing. To that point...financing basically means whether you earn money or waste it on interest. If an out of the area lower priced home pays you a good percentage, it may be worth looking into. Or....find a small building that can be zoned residential and commercial.
@bradenjohnston9758
@bradenjohnston9758 3 жыл бұрын
Where arw you from?
@A.M.1.
@A.M.1. 3 жыл бұрын
I dont want to be a landlord 😬
@dirkplant
@dirkplant 3 жыл бұрын
This property with the mixed couple, looks to have been built in 40's, in southwest Detroit these 🏡, brand new were 44,000, now houses are being torn down, not replaced. 20,000 will get you this same property, the same property in Lincoln Park Michigan will cost 150,000, now marathon oil company wants to offer bare minimum for the property, the land is more valuable than the homes, which eventually, entire neighborhoods are being leveled, and 500,000 dollar homes will be built, some will be industrial property, my point is the people that rent these places are usually subsidized by the government, or the people have a annual income of 30,000, or less. What is it that you feel justified laughing at and using these people down on their luck for your entertainment.
@zzzcocopepe
@zzzcocopepe 3 жыл бұрын
I feel like that guy was just shouting for no reason
@Ray_Shabaz
@Ray_Shabaz 3 жыл бұрын
Ok at first I thought that was KZbinr Tyrone Magnus' house lol
@Don_DeMarco
@Don_DeMarco 3 жыл бұрын
LOL Man, I'm pretty sure Tyrone makes more than enough money to live better than what's on this video.
@jeffdorris5321
@jeffdorris5321 3 жыл бұрын
👍
@jmemixx
@jmemixx 3 жыл бұрын
Man what scrub tenants those people are lol
@Driving4bangers
@Driving4bangers 3 жыл бұрын
Super awkward sitting on his lap during an interview clearly tweaking too, lol
@Michaelwentsomewhere
@Michaelwentsomewhere 3 жыл бұрын
First
@Michaelwentsomewhere
@Michaelwentsomewhere 3 жыл бұрын
But second like
@itsclaver7125
@itsclaver7125 3 жыл бұрын
Wow you're so lucky to be first
@gcgnatorcats6888
@gcgnatorcats6888 3 жыл бұрын
$250000 property with $1300 monthly rent...yikes.
@dustin6017
@dustin6017 3 жыл бұрын
He didn’t pay 250,000 he paid 89
@gcgnatorcats6888
@gcgnatorcats6888 3 жыл бұрын
@@dustin6017 Yeah I know, I'm just talking about the cash flow if someone were to buy it now...
@dustin6017
@dustin6017 3 жыл бұрын
@@gcgnatorcats6888 I gotcha. Yeah his neck of the woods- 1% rule is impossible. Idaho outpaced ever other state in terms of housing appreciating this past year if I remember right.
@DuncanBuilds
@DuncanBuilds 3 жыл бұрын
great vid man. take pride in your s*** lol
@dennismc8145
@dennismc8145 3 жыл бұрын
I hate that you post such great content but your views are low!
@andrewmusholt9327
@andrewmusholt9327 2 жыл бұрын
Take pride in your shit
@asoulbelow9373
@asoulbelow9373 3 жыл бұрын
lazy eyes
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