What It’s Like To Be A Landlord During Coronavirus | Millennial Money

[@CNBCMakeIt]

What’s your budget breakdown? Share your story with us for a chance to be featured in a future installment. cnb.cx/32TYZ2K

[@destanybatista9213]

It’s incredibly off putting that the first landlord is encouraging his tenants to take out credit cards to pay rent. If they can’t already pay for rent without using a bonus payment, what will that mean for their additional monthly credit payment? He’s setting them up for disaster if they’re not well versed in credit card management.

[@MsJanise2008]

This is exactly what I was thinking... couldn’t figure out why he thought that was a good idea even with the explanation he gave.

[@akeemjack8042]

You guys clearly don’t understand. These credit cards are interests free for some months and you gets cash back like 200 on every thousand.

[@ToddBaldwin]

Destiny Batista, I personally churn credit cards every year, and I make a lot of extra money by getting new account bonuses. Quite frankly, if I could pay every monthly mortgage payment on my credit card, I would. In addition to getting a $200 new account bonus, I could be earning 1% cash back on expenses that I have to pay anyway. None of my tenants are struggling financially. All of them are doing well. The option to pay with a credit card only benefits them as they can take advantage of 15 months interest free and also make bonuses/cash back.

[@cayden3470]

The ignorance and the lack of understanding here is offputting... no wonder the average American struggles financially.

[@tracy_cakkes]

They get a sign on bonus as well as credit card points for free travel Right now there is no interest It’s not his fault if they don’t know how to handle a credit card nor is he forcing them to he just recommended it

[@8269wd]

For some reason. I really don't like the first guy in this video.

[@redunicorn7760]

This really just shows that if you're smart and already have money, you profit from recessions. It just really F's the average person 😂

[@ElinWinblad]

Red Unicorn build up now for the next one 😅

[@eugenelayton5231]

Yeah, just profit off of people during a crisis. I hope their bubble bursts when they need their money the most.

[@EddieTattoProduction]

@@eugenelayton5231 How are these landlords screwing their tenants? They're the ones who put the roof over the head of many people. How is that exploitation?

[@LlamaKing9000]

@@EddieTattoProduction Lmao, if someone bought all the water and then starts selling it to people for profit, they aren't doing a public service, they're exploiting people's basic needs. It's exactly the same for people who buy all the housing. If landlords didn't buy the housing, the housing would still be there, it would just be much cheaper.

[@MIKAEL212345]

"If landlords didn't buy the housing, the housing would still be there, it would just be much cheaper."Guess what happens when the housing is much cheaper? People stop building houses.

[@Bdavis0777]

The emotional intelligence displayed by most of these landlords is terrible. The last thing I want in a recession/pandemic is a financial literacy book and credit card suggestions

[@karlitop7497]

Right especially if I'm still Paying rent and on time, why are you giving me a money literacy book or offering me to pay my rent via credit card !!!

[@Cmorrison626]

You’re being given something, that may be to your benefit, for free. What’s the problem? Financial illiteracy is a big part in why we have so many renters and not that many owners.

[@t-bone9239]

Cameron Morrison you realize that for being a owner you need to have tenants who rent your property?

[@nicolaliantonia622]

its their way of showing off that they made wiser choices than you

[@Bdavis0777]

Cameron Morrison To me, it just feels a bit condescending. A lot of people live paycheck to paycheck (which sucks, but it’s true). I can see your point though. I guess a person’s outlook of this video depends on the context you took things in. I think it’s generally a nice thing to do, but maybe right now I’m these times they could of talked about being lenient and giving different options to tenants rather than a book? Just my thoughts though.

[@redunicorn7760]

It had been a really sad realisation for me that I didn't have enough money to invest at this current dip in economy.

[@homer4989]

Red Unicorn you’re not alone bro, let’s make sure for the next crisis we’ll be ready emotionally and financially

[@asishkurianrealtor]

Recent bounce back just based on trillions of dollars injected into the markets by FEDs. This flair will run out once major companies start reporting record losses and high unemployment rates.

[@madnecessity]

Same here I would have loved to buy stocks while theyre basically on sale

[@t-bone9239]

I could drop maybe $200- $400 into stocks but I am not sure if it’s worth . Don’t know too much about it. Thought about investing into big pharma

[@wturner777]

Red Unicorn You're definitely not alone on that. I can't even afford to invest in retirement right now, and that's just sad.

[@stephen9609]

As I wrote in the other video with the Seattle guy - he does not make $615k/year. He makes approximately $225k (before taxes) when you factor in business expenses and splitting the real estate profit with his wife. $225k is still very good but it's not $615k.

[@Cmorrison626]

What’s his is hers, and the other way around, when you’re married. You’re splitting hairs to make a point. Get out of their W2.

[@georgewilson7706]

Gross is different than net- that’s not splitting hairs. The W2 makes that fundamental distinction.

[@TruthSayer808]

Look at his KZbin channel. His wife, separate from anything you saw on CNBC, also makes 6 figures...plus the $150k salary he has is just a salary. He also makes commission from his job.

[@jon-off]

​@@TruthSayer808 Gross income is NOT net! Sure he makes 6 figures, but why mislead everyone about which side of that range he's on? Stephen was pretty close: his actual income is quoted by CNBC in an earlier article: "at 27, he brings in $615,000 annually ($305,000 after business expenses". That 615k figure is pure clickbait.

[@TheAmc91]

Thanks for the clarity. I love this channel, but the 615k title was very misleading.

[@camcam3087]

Landlord talking about his renters getting a new credit card” if you spend a thousand they’ll give you 200 bucks”. Yeah so don’t be late pay up! Lol

[@britbc4461]

And giving them care packages..?! Really?! Give them $50 off rent and keep the crap.

[@GameBytesBlog]

Brit BC where has he done wrong exactly?

[@waflletoast11]

@@GameBytesBlog hes encouraging people to apply for credit cards and go into further debt just to pay rent on time.

[@sciencenerd6623]

Waffle - He’s showing interest free credit cards.... and showing them alternatives Incase they have to choose between rent or groceries.

[@dynamichunter843]

Brit BC the care packages is all junk food. Such horrible food lmao. At least give something worthwhile, they’re all stuck inside they’re gonna gain weight

[@AlexSanchez2254]

Thanks for reaching out to collab yet again CNBC, love y’all!

[@garrettramela]

We should all link up one day! Maybe invest together!

[@Beachbumbob]

Alex, he may have gotten you started (like the guys that I followed in the 80's Albert Lowery, Dave Del Dotto, William McCorkel 90% was mostly BS, 10% truth, but practically all got into trouble with the Gov/IRS an some went to Federal Lock Up) Be careful , if I had to stick with a book all the way, it would be Dave Ramsey teaches, not Robert's on taking more debt and losing everything and like the 80's gurus, his has a smell of sink, flim flam, (my opinion) with Dave's , you can have a scorched earth economy (Like I have Been thru a few times) but having a "Paid Off" property(ies) , you can survive ! Instead of buying more, pay off the ones you have NOW , Don't be greedy, You threw me off with Dave (And I Teach FPU ) that you pick stocks not mutual funds? That doesn't mesh with his teachings. Ben is the real deal, like RDPD, Ben M. Likes OPM, He barley survived 2008, where you'd think he would have leaned his lesson to be completely debt free, and some would say got "greedy" click to view his woes ! kzbin.info/www/bejne/boO6eKWQi6qag5I

[@AlexSanchez2254]

Garrett Ramela yes sir! Let’s link up soon

[@AlexSanchez2254]

BeachBum Bob yes I see your point. I love the ideas of many people. Rich dad poor dad changed my mindset. That’s where it all started. Dave Ramsey made me see the consequences of being too greedy. So I take everyone’s ideas and create my own investing strategy based on my age, income, debts, cost of living. There’s no one size fits all investing strategy. But I’m open to what you’re saying.

[@VerStarr]

@@AlexSanchez2254 I'm open to SMASHING THAT LIKE button every time I see you post a new video :D

[@AlannaMonet]

If my landlord suggested financial books and sent me credit card applications during a time of crisis, I’d be offended.

[@creedbratton606]

Be offended all you want but their heart was in the right place.

[@HylianVamp]

They said their tenants are doing fine. He is offering advice before they get to a point where they are struggling. It’d be different if they did this in response to them not paying their rent. You’re saying you’d be offended by someone who is pretty qualified offering advice? Stay ignorant then, fine

[@t-bone9239]

Creed Bratton they did that so their income increases meaning they can charge more money in rent lol

[@jacobreynolds5324]

It's that same mentality that will keep you being the renter instead of the rentee.

[@optimisticnihlist9705]

We get it, you're financially illiterate

[@TheFinancialMinutes]

Graham Stephan where you at bro

[@Dud-in9iu]

He's out looking for a ladder. He hasn't posted b/c he is too short to press record and he left his phone on the table. He should have some self-respect, what is he about 5'2"? 😆🙋‍♂️

[@sm1522]

He’s become such a leech off of this Channel

[@tracy_cakkes]

precious A 👏👏👏

[@Dud-in9iu]

I hate when people try so hard to look rich that they lie about their income. Sales revenue is not net income, just like gross rent is not your take home. Also, these investors don't factor in maintenance and capital expenditures to their rental income cash flow calculation. Their actual profits are usually almost non-existent after all that is taken into account. So annoying how seems like everyone on KZbin is doing this now.

[@Zero11_ss]

They all want to sell their "Pro landlord course get rich nowww" after they hype it up

[@gavip24]

Zero11 no thanks. I don’t.

[@brittishcapelle6508]

@@gavip24 Girl these people so jealous and bitter I dont even own real estate yet an this is motivating me, this is really bothering the privileged ,insecure, bottom dwellers, I see.

[@vinz300000]

Exactly Dud 2000, you are totally right. CNBC do not care about telling the whole truth, they just focus on the things that look good and paint a far too rosy picture, good marketing-style stuff, just say the positives and hide the negatives cos we need to hype up our brand image. The reality is that it is really tough to be a landlord, there is a lot of work involved, and that there is zero profit in it, the exact level of income is zero, because once you purchase a 100k unit with a mortgage, the cost of the mortgage plus the maintenance plus the notary fees plus all of the big taxes and fees added up, it barely equals the monthly rent that is coming in, so for the first few years you actually make a big, big loss. The investment will actually only generate you profit AFTER you break even, i.e. after there has been 100'000 dollars of pure rent income, and that will take about 20 years time to break-even. If you inherit a property and rent it out it is a different thing of course, but if you are buying ("investing") with mortgages your real profit is zero before at least 20 years have passed. A lot of patience is needed, and a lot of people do not understand this, they are incapable of crunching the numbers. If you are happy waiting 20+ years for some actual profits, then go ahead, if you are not, then it is better you stay clear of this sector. This is a very long-term game

[@Zero11_ss]

@@brittishcapelle6508 we own and rent so its nothing like that. The people on youtube posting nonstop videos are for the most just looking to generate income from the videos and then sell their "guide" or class to viewers.

[@crazy-beautifulgg5978]

Alex/Garrett were the only two that either had paid ahead or had the money IN CASE OF anything. That's something everyone can take note from. Having an emergency fund is very important 3 months or more of it.

[@Don-qb1vi]

lol I don't have much sympathy for these landlords to be completely honest. Financial literacy books to his tenants? LMAO how degrading.

[@implussed]

Yeah incredibly rude if it's unsolicited

[@HylianVamp]

Their tenants aren’t struggling... as a renter who is also not struggling right now, I would love for my landlady to give me books. Especially if my landlady was as qualified as most of these people are.

[@samuelhardy5882]

We don’t know if he’s just dropping them off on their doorstep or asking if they want it - regardless it’s a gift - and a gift of wisdom too. Can’t shame him for that.

[@Don-qb1vi]

@@samuelhardy5882 The title is literally "Rich Dad, Poor Dad". What the heck do you think his tenants are thinking?

[@saasda6255]

Looooooool pooor people behaviour

[@teambennett-wells962]

alex is hands down the smartest person ever on millnieal money!! i am still amazed by him

[@sb1206]

the guy gifting financial literacy books to his tenants. lmao. he cannot be serious

[@scruffopone3989]

My advice to the tenants is to give their landlords a copy of Marx's complete works as a mutual gift.

[@rw7717]

I’m confused on why you think that’s a bad idea. This is the best time to learn about financial literacy. I mean, what else are they going to do? The government dropped the ball, banks are struggling to give loans, and we can’t go to work.

[@F479999999999]

He’s a very good guy!

[@F479999999999]

Scruffopone lol

[@natashadame4397]

@@rw7717 once the they finished reading Rich Dad Poor Dad, the tenants will stop renting the house from him and starts planning to buy their own house

[@nguday2003]

I don’t place renters or owners above either. I think the government needs to support both during these unprecedented times. Imagine if social security wasn’t implemented and the President at that time just let people die and in dire conditions. Where are renter stories or do those not have as much value?

[@ItsDarkInsideMe]

@@firesavantfiresavant8332 You call that generous? Have you been to the doctor to check up on your brain worms?

[@MaryMary-nj3zy]

There seems to be a lot of renters being featured on KZbin now a days and scaling down lifestyles. Look, you'll find a ton. It's Ok to want a traditional home and it's Ok to not. Where ever a person is happy is what matters.

[@NightSociety]

Rents/Mortgages are skyrocketed high, I see new generation will start build their own fancy mobile homes on wheels; vans, suvs, trucks etc., greener planet and less footprints too. Stop making money off these basic human essential needs.

[@allyourpcarebelongtous8744]

Why? What's wrong with making money off rent or homes? You do realize you can have for-profit housing and affordable prices, right? It's not an either/or. Also, people living out of their vehicles likely wouldn't reduce pollution, especially if being done by the millions. And especially if people are traveling frequently in their vehicles. RV's have never really been an economically wise or green energy wise product. They aren't bad, but I sincerely doubt there's data showing when multipled everyone living out of RV's/vehicles would generate less pollution than living in housing. RV's also have more costs associated with breakdowns and don't retain value, whereas homes do retain value (and infact accrue it) and typically you can get insurance or warranties to cover all of your major breakdowns. The latter can be fixed over time, but it would leave the first generation screwed because of the shift. That's not necessarily bad, but it is something people would have to consider money wise. Retention or acclimation of equity, however, won't last on a vehicle because of its natural wear and tear. Most of the KZbinrs you see living out of vehicles do so on 6 figures as part of their online branding. They essentially get paid to do so. Your average person wouldn't have this luxury and thus wouldn't have the associated cushioning that comes with being, say, an Instagram influencer. Most people make well under 6 figures and don't have savings. So when their rv or vehicle breaks down, they won't have the ability to repair it.

[@NightSociety]

@@allyourpcarebelongtous8744 housings and health care are examples of human basic needs. Not against any profiting in a capitalistic society, but above and beyond usual and customary charge is what happening today, ridiculous prices or price gouging--unbelievable and unlivable. If you've keep up, there are tons of KZbin videos where more and more people living off grid with solar and other alternative energy. If it becomes the norm, sure there will be thousands of Telsa type companies to fill this service for a cleaner and livable world.

[@allyourpcarebelongtous8744]

@@NightSociety ...people who make hundreds of thousands of dollars per year on KZbin and/or other social media platforms don't represent the middle class. You're using the lives of rich people to determine the actions that should be taken by poor people. And you're doing so in a way that is not in the best interest of middle income people. Vehicles and RV's don't retain value. You'd be asking people to dump money in to something that will only depreciate over time. And for what purpose? To get back at someone for charging rent to a property they owned and that you agreed to pay?! How is that a reasonable position to hold? What evidence do you have that rental rates have inflated beyond what they should? And what are you using to determine a reasonable metric of profit above costs for the landlord to charge? It seems like you're just making the assertion that they're price gouging without evidence. Most businesses run on profit margins of 8-10%. And that profit usually gets distributed back to investors. Rarely ever is that profit going to one person or one source. So whatever limit you'd be basing has to be one in which it doesn't stunt investor incentive but that also leaves the business profitable. Do you have evidence that this isn't the current state of the market? Or are you just assuming because you don't like the price? What evidence are you relying on to decide that tiny houses, rv's, off grid living, etc are more environmentally sound or more sustainable? It seems to me like you're just assuming these things. And look, you're allowed to believe what you want, but please don't assert your beliefs as objective.

[@ipsilonia]

i appreciate this follow-up SO MUCH. i'm still in awe of how skilled these millennials are, and i love their willingness to share knowledge with the rest of us.

[@Maimkillburn69]

see sharing the knowledge of how to exploit other people out of a majority of their pay is so cool almost as cool as evicting families and the elderly what happened to landlords in China back in the day is coming soon

[@kikyo_1264]

☭ FreedomVanguard☭ LOL COMMUNISTS thinking they have an value

[@kamalbhatia0]

hes no way 27

[@reydjz]

So happy to see how Gabriela is doing

[@gavip24]

😃😃

[@ambition1224]

@@gavip24 Girl you're amazing! Congrats on all your accomplishments and wishing you much success in the future! XOXO.

[@AmericanSpyFox]

My wife and I are moving in to a home on May 1. The previous tenants were three nursing students. One just had to isolate in the home due to illness. She does not know if it was Covid-19 for lack of test kits! We were suppose to move in a few days ago. We've had to let the home sit empty for several days and a cleaning crew is going in this Thursday armed with bottles of bleach. I would absolutely hate to be a landlord in this mess.

[@klwarns]

Shoutout to the rich parents of America and exploiting the misery of others yaaaalllllll

[@GameBytesBlog]

klwarns Where exactly did the exploiting occur?

[@t-bone9239]

Sebastian rent increase that is disproportional to salary increases/inflation

[@drewconway7135]

I would be so offended if my landlord gave me a Dave Ramsey book. It’s basically saying to someone, “I don’t think you know how to manage your money.” Very rude.

[@icy_weiner]

These people don't care about their tenants, only that their rent payments continue coming in.

[@ToddBaldwin]

@@icy_weiner I am sorry but that is simply not true. I care for my tenants deeply. I have only had a few of them who have lost work, and I've helped them file for unemployment. Right now they are making more money on unemployment than they were at their job. You can't possibly understand the relationships between a landlord and a tenant in a 10 minute video.

[@chelseam4082]

I think this is the perfect time for everyone to get familiar with Dave Ramsey so I don’t see the problem lol

[@HylianVamp]

Offering advice is not the same as claiming they don’t know how to manage their money... there are always new techniques to learn. If you think you know enough not to learn at least something from new books, you’re pretty ignorant

[@balthorpayne]

Dave is fine so long as you don't listen to his opinion on the virus. Its a shtshow.

[@LouMontana-wc7nr]

I have had rental properties for nearly 30 years. I have sold all but one small condo. When hard times hit, GIVE YOUR RENTERS MONEY AND RENT THEM A UHAUL! I am completely serious! Just keep things cool and do the following. Explain to them that you want to help. Tell them, I will give you $100 dollars now and rent you a U-Haul and upon moving out of the house you will give them $300 or $500 dollars. Then, have them sign a moving agreement. They sign the paperwork give them the $100 bucks and a copy of the contract. Remind them of the upcoming date to move a couple of times and ask them if they will be ready to move. On that date meet with them, do an inspection, and give them the $300 or $500 dollars. Thank them for their cooperation. You just got rid of them and saved thousands. No matter the damage it can always be much worse and could have bee drug out for a lot longer. I have had to do this repeatedly and I write it off on my taxes as charity. Next time you will be more careful as to who you rent too.

[@gavip24]

Wow! Very interesting!

[@emilys8890]

Credit cards? I mean I guess. But when he says he’s not forcing them into debt because of the rewards idk. I call bs One. Regardless of rewards. Debt is debt. Two. Cards with those rewards need a good credit score. And in the past month banks arnt even giving much credit to people. If you originally needed a 720 now you will probably get it with a 780. There arnt a lot of cards with amazing welcome bonuses that (even in normal times) you could get without high high credit score/monthly charge to even have the card/for some a limit that will pay more than a months or two rent)

[@teeeteee000]

I agree debt is still debt. And most people are not as disciplined with credit cards. Funny how no one talks about airline miles that much either. LOL Credit Cards are just borrowed money and Debt in my eyes, don't preach to me about the benefits either it's all BS!!!

[@ToddBaldwin]

Emily s I recently put out a video on my KZbin channel of the top 4 credit card bonuses of 2020. Feel free to check it out, you may benefit from it.

[@saasda6255]

There’s good debt or bad debt

[@jakebruxvoort1354]

didnt even interview the guy that made you, graham stephan

[@jessykapop]

It’s nice to get other perspectives . Diversify stead of keep interviewing the same people.

[@jakebruxvoort1354]

i get that but they did interview people they already talked to, so why not interview the guy that gave you a bigger audience

[@ssav993]

@@jakebruxvoort1354 Graham has been uploading 10+ minute videos every day talking about the financial aspect of the crisis. It wouldn't be anything you couldn't find on his channel already.

[@jakebruxvoort1354]

Stefan very good point

[@ToddBaldwin]

Thanks to the CNBC Make It team for having us back! It was a pleasure to work with you again!

[@investedfemelle7564]

Gifting those financial books during this time , Genius and thoughtful.

[@stevesainsbury6612]

Landlords gonna keep doing what they do best: exploitation.

[@LanaW123]

They buy your own property and pay your own expenses for having it.

[@user71285]

Such a simple "class-warfare" type mentality. Most landlords aren't entitled brats or millionaires, albeit there are definitely a few bad apples.

[@nyxnicks]

@@user71285 To be fair man, that is how all landlords make money. They exploit the fact that properties/homes are very expensive and hard for most people to obtain in order to make money off of people who don't really have any choices. Its kinda worth considering the 'class-warfare' mentality when landlords all across the US are kicking tendents out on the street because they can't pay for rent.

[@alp.9672]

H C true

[@allyourpcarebelongtous8744]

@@nyxnicks so landlords should be homeless instead?

[@ToddBaldwin]

I feel like I was just in an Avengers Crossover. I guess that makes me Black Panther? Admittedly though we are missing Iron Man. Graham where you at?

[@AlexSanchez2254]

Todd Baldwin love it 😂. Where is our lethal weapon at? Lol they probably knew he deserved his own segment.

[@ToddBaldwin]

@@AlexSanchez2254 Ha ha true! btw I really enjoy the content you put out on your channel bro!

[@VerStarr]

This line up is 💯

[@garrettramela]

We should all link up one day! Maybe invest together! I'm in Seattle now! (Queen Anne)

[@VerStarr]

Garrett Ramela yooooo!!!! Can Jenelle and I join the club?

[@the_bush_family]

I feel like I know you guys from somewhere? 😂😂 dope update! Keep crushing it!

[@VerStarr]

Living Tiny with the Bushes 👋

[@the_bush_family]

@@VerStarr my guy! What's up bro!!

[@VerStarr]

Living Tiny with the Bushes same old same old MINUS the commute 🤫

[@olivercruz829]

These parasitic landlords are so detached from the reality and struggles renters face. Everyone who rents should be supporting a rent strike.

[@johnjeffreys6440]

You were encouraging your tenants to take on debt, but that’s your right as a rent collector.

[@LanaW123]

Owning a property does not mean to collect all your rent for a party. A landlord must pay his/ her mortgages, property taxes, insurance, HOA fees, maintenance fees. All of those experiences are not forgiving to a land lord. The tenant should cover at least the amount of those payments. Otherwise the tenant will take advantage of the landlord which is not fair as well.

[@bigpaulie806]

There's so many people that can't pay their rent right now. I never thought I'd see something that bad.

[@belair5009]

Enough of this Pro-Landlord propaganda

[@VerStarr]

Whoa!!! That’s great you reached back out to these 4!!! But what about our boi, Graham Stephan?!?! Way to go you guys!

[@drewconway7135]

Ver Starr - The Commuter Experience Who?

[@robertc6293]

@@drewconway7135 Graham Stephan is a finance advice youtuber who owns real estate and is a real estate realtor himself. His most popular series is he reacts and commentates opinions on Millenial Money vids, giving financial advice. He's actually entertaining for a finance youtuber.

[@TheTbabylati]

Millennial Money: Drops new video Comments: Where’s Graham

[@grungehamster8]

He's leaving his girlfriend for Gabriella

[@gavip24]

Thanks CNBC Make It. Feels good to come back to where it all started :)

[@garrettramela]

We should all link up one day! Maybe invest together!

[@AlexSanchez2254]

Garrett Ramela deal ;)

[@gavip24]

@@AlexSanchez2254 You are like down the street. Def, have to link up hahaha

[@VerStarr]

You know... we should all link up and have CNBC be like, “Which of you have been personally victimized by Graham Stephan?” Lol

[@gavip24]

Ver Starr - The Commuter Experience hahaha 😆 🙈

[@EtherealPanda218]

Both those financial books are amazing :)

[@afr0flava]

While there is so much suffering going on right now CNBC, I don't think this is what people want to see now.

[@topcomment3816]

afr0flava Wrong

[@drpill1230]

Stonks 📈

[@GameBytesBlog]

How does Gabriela have time for so much? I’m not saying she’s wrong to do so many things but wow it just seems like so much to handle!

[@gavip24]

Sebastian 😂 i know I always seem to do more and more haha. During this shelter in place i dont work weekends and i have more free time then before. So I have not wasted any time and wanted to continue projects that would have been on hold for many months/years. Also prior to covid when i started the nonprofit, I was thinking it would take me many years to get it up and running etc. However it moved much faster then I expected. I also have a great group of about 10 volunteers who help me tremendously. Could NOT have done it without them. As for the branding agency I just put an investment and I receive a percentage of the revenue. I’m not working for it.

[@Dioranma]

@@gavip24 you are impressive. Keep it up. Would you mind sharing the name of the international branding agency you invested with?

[@TheLandlordAdvocates]

@@gavip24 honestly Gabriela, your "story" was the most impressive in this news piece!!! An adage that we have said for years is "If you want something done, ask a busy person to do it for you." Best wishes to you.

[@gavip24]

The Landlord Advocates thank you 🙏

[@lemontea000]

Landlords are the real deal imo. Bad or good times, they almost always get paid.

[@Don-qb1vi]

they always get paid? LMAO Watch and see. Rookies.

[@xaby996]

@Based Haole you accepted an agreement...why should you shoot your landlord when you fail to meet your end of the agreement

[@topcomment3816]

Based Haole Hello Bernie supporter. How many handouts did you ask for today. Did you drive up to the intersection and hold out your sign yet?

[@lemontea000]

Top Comment Did the recent landlord hate trend came from Bernie supporters? I genuinely saw someone made a suggestion that renters should earn equity from paying their rent. *face palm*

[@creedbratton606]

Based Haole annnnnnd we found the person who has never owned any property and is mad at the world that they don’t.

[@constancelequesne601]

Has Graham reviewed this yet???

[@Je.rone_]

I'll keep an eye on this

[@SteveRam]

Luckily I’m a millennial landlord and all of my tenants are still heathy and employed; so we are still collecting rent. I am still looking at purchasing more properties and am sharing my journey on my channel. Be healthy and safe! God bless!

[@bgNinjashows]

This show isn't well balanced at all. Very unrealistic people are dying and we are celebrating making money from this disaster 👎. They should have interviewed the tenants as well so we know if their really being treated fairly

[@bigd0102294]

Anyone else inspired by these stories?

[@KPryor-vd8uj]

Todd is a smart guy

[@camopiano]

eat the rich

[@creedbratton606]

😂 if you owned multiple houses that you rent out you wouldn’t be saying that

[@Maimkillburn69]

Creed Bratton that’s assuming they’d want to be a useless parasite instead of contributing something to society

[@gavip24]

☭ FreedomVanguard☭ so sour 😂

[@creedbratton606]

☭ FreedomVanguard☭ what do you do for society that makes you holy?

[@nicolebond3992]

These landlords are lucky that their rental business is still largely intact during the pandemic. I like their strategies too for investing and prospecting new properties in the current economic climate, as well as exploring other streams of income.

[@thepodlabs]

I know right, where is Graham at!

[@priscilaazeneth]

Please do more of these videos during time of quarantine. I want to see stories of people budgeting during this time, or building their emergency funds. It's also good to see who is struggling but still hustling.

[@TheFinancialMinutes]

Struggling but still hustling has a ring to it

[@luigiplayer14]

Aw, no Graham crossover

[@bishbosh7728]

Hmm I invest in raw properties and make more than 5 times my investment no houses to worry about. I am not rich and don't care about being wealthy but I'm comfortable and live in Hawaii. Home is completely off grid and over 7000 square feet. I buy another property every 5 years or so for no more than 15k and sell them for 50k at 10 percent intrest most are on 20 year contracts. Since this pandemic has happened all of them are catching up on rent so today I am going to clear all taxes and late fees for my 4 tenants.

[@brisso_cs]

A lot of jealous people in these comments... this video is just to show how landlords might be affected by these higher unemployment rates.

[@rsantos7051]

If they owned the property then missed rent wouldn't affect them. But they all have to answer to the banks so they're really just middlemen lol.

[@dedov9406]

where's mao when we need him?

[@trayvordemonslayer]

a demon lord?

[@manamahamed]

Pay credit card with rent really I live close to you and would not rent from you wow. For two hundreds bonus pick up more depth :(

[@ebk999]

Where is Graham? 👀

[@chrishooshmand]

Reading Rich Dad Poor Dad right now, its an amazing book.

[@CJ-dg3bm]

This is disgusting. People are dying and they're looking to profit from it. Credit cards to pay your rent? Really dude? $200 is not a reward versus $1000 debt during these times. And those people making more than their usual salary? Yeah, only until the end of July you goober. This blatant greed just disgusts me.

[@pruthvishsbapat1359]

Man, you guys forgot about Graham Stephen

[@Smartriide]

They all have 9-5 jobs, there folks are scared to really own businesses, please highlight how real business owners handle this landlord situation. Remember if there tenets don't pay there still fine because Friday will save them.

[@tm-qe8is]

This is so gross. Imagine being in the middle of a pandemic and your landlord hands you a copy of rich dad poor dad. Or a credit card. Or a bag of Doritos. Why don’t property investors ever have to lose money like every other investor- cancel rent payments. Also, other countries- all of their actions would be highly illegal. Unsolicited financial advice from a person unqualified to give financial advice is not legal elsewhere- and can be slapped with huge fines and even jail time.

[@Cmorrison626]

Heaven forbid someone try to share knowledge that has helped them to become an owner as opposed to a renter. Ingrate.

[@Cmorrison626]

D9INE LEGEND going strictly by the numbers, there are plenty more people concerned about their finances right now (about 30 million unemployed) than there are who are affected by the loss of a loved one (one of about 60,000 last time I checked). Even if each of those people had 100 people affected by their passing.....I’ll let you do the math. Wrong channel if you’re looking for free hugs

[@teeeteee000]

I know that this Covid situation has hit a lot of families and households in such a way that has made them think more sensibly about their health and well being, finances and current situation. I hope people do realize now, how important it is to have an Emergency Fund and learn about Investments. Those books have very valuable information in them and readily available on KZbin to watch for free as well. Not everyone lost a loved one in this pandemic so don't assume that we are all affected. Most were affected by job loss and financial strains. The man giving the books has built relationships with his tenants and is offering a very kind and generous gift. I don't see anything wrong with that. Just be kind at the thought at least.

[@TruthSayer808]

How was he unqualified to give financial advice? He is killing it. His tenants should be happy to learn from him.

[@bhitz]

I agree with refi but the reason to refi loans over 5 yrs beats me. Why? Refi is not cheap and that also means you pay more in interest because your loan/term resets.

[@divabonitaa]

Unpopular opinion: graham does NOT know it all

[@IngeniousIgneous]

in general, if you think someone knows it all, you probably know very little

[@adamnyambala5607]

true but no one does as long as its enough

[@imdanielrobles]

Where’s Graham?

[@casper-z9rkls6gl]

They should do a follow up report on the ending of the moratorium on rent freezes and evictions.

[@zolyguy]

Salary: 615k Properties: 6 Tenants: 34 Oh yeah, we should really be worrying about you not being able to pay YOUR bills. Dirtbags

[@seaweedglob]

You seem very bitter. Don't worry, man. Life will get better.

[@TruthSayer808]

Zasman sounds like you’re jealous. Maybe instead of calling them dirtbags you should learn something from them.

[@ladyjade6446]

Don’t be jealous. Be smarter

[@konsciouskid86]

@@seaweedglob i dont think it will for that guy unfortunately. Not as long as hes this bitter

[@suprafan246]

I watch these guys and I just get fired up again. I’m impressed with all four but if I chose a favorite, it would be Todd.

[@NaturalElicia]

I love that the guy is gifting his tenants with financial literacy books and was excited to see Dave Ramsey’s book!!! 💪🏾💪🏾💪🏾

[@callalilly4743]

Alex is adorable.

[@AlexSanchez2254]

JCrewCutie 😊 🤓

[@callalilly4743]

@@AlexSanchez2254 😁🥰

[@Sonny1065LV]

First time I've ever invested money in the stock market and I'm so happy that I did!

[@Young_Dab]

How much?

[@alexbob5209]

On what platform?

[@YanBrassard]

I usually enjoy these videos from CNBC but they give a biased portray. Of course, they chose nice young landlords who are glad to be on TV because they know that they're good people and they are not that rich. But a great number of landlords are actually shameless capitalists with a real estate company making hundreds of millions of $. They have a provisional reserve, but they won't use it to give a break to tenants because they only care about profits. Small landlords also have a mortgage to pay and if their tenants can't make it, they won't be able to pay their mortgage. But this is not the whole picture, this is a small picture of what's really going on.

[@konsciouskid86]

Huh? You do realize most landlords only have 1 or 2 properties right? They were all above average. You are talking about the 1% of landlords. I have 6 units and some of my tenants make more than i do. I just live frugally and save a lot. And im single.

[@huckfin1598]

“CNBC really vets you” And then they had dan billzarian on (with Kevin O’Leary) at his house he rented so they changed the title Great job vetting, CNBC

[@jeffchorath]

1. Not sure why it is necessary to mention individual income. I highly doubt the number presented is what they are stating in their tax filings. Hope these guys don’t get audited and the IRS stumbles upon this video lol. 2. I am interested to see what their asset leverage is as well as days of working capital since this pertains to Covid-19. Many of these landlords are young so I assume there are mortgages. 3. The guy that mentioned holding out in RE investing is correct based on my opinion. The effects of the real estate market lags behind the economy. Plus, there should be an increase in foreclosures once the eviction moratorium is lifted and mortgage forbearance is due.

[@firesavantfiresavant8332]

Finally, a well thought out comment that adds value! #firesavant.com

[@zziggy808]

Graham the squad is back!!!!

[@ambylam]

*Chairman Mao has entered the chat*

[@NekoKasumi]

Oh boo frickin hoo

[@dripdetailing]

Graham Stephan, we need to hear your thoughts 😂

[@xanhxvux323x]

I’m just curious. As these millennials are landlords, are those properties paid off or still still paying mortgage? Bc with property tax and mortgage, the profit may be high for overall but the net is not so much.

[@TheCrogun]

The properties are mostly likely paid off or the renters are paying them enough to cover the property tax and mortgage (and maybe even more cuz landlords are leeches).

[@LibertyChains]

For the first guy it says his salary is 650k a year than he state's it's 150k

[@joiet93]

Anonymous he makes 150k from his salaried job, the rest from real estate

[@six6goddess214]

Todd I like your style. I hold my 23 credit cards like that too 😆

[@fastxsam]

These aren't real life. Many are laid off and many didn't pay rent in April and May. How about showing us a real world scenario instead?

[@bayansabouri3745]

Alex & Gabriella need to be set up on a date ;)

[@rgalv3]

I'm not sure why people are offended by the book. He clearly states that those book helped him get to his current situation. Now as far as the credit cards, I understand how people might see that as offensive. It seems as if he is setting up his tenants for failure. The care package looks as if it totals 5 bucks each.

[@kirkstone1843]

First guy is telling his cx to go in debt. If you use the card. You in debt. Don’t matter about interest. If you owe money. You owe money.

[@deantan4080]

Nice. These guys will be rich affff

[@PsychoSocialCreation]

Very lucky to receive rent during this time best of luck! 🌞

[@michaelurich7749]

I'm here to tell you right now: we don't care

[@DOWNPOUR2010]

money money money

[@tigerrx7]

Bonus during Covid-19? Man I’m in the wrong field. My merit got cancelled plus my salary took a 10% hit. Ouch!

[@startwithpaint]

Giving financial books to tenants... 💃🏾💃🏾💃🏾💃🏾👌🏾

[@pkatsiaunis]

CNBC, WHERE is Graham???

[@reconditionyourselffitness273]

This is good to see... Awesome episode!

[@zhicheng708]

WTF!! He's investing $11,000 and using Robinhood??? 7:14 He is also buying way too many different stocks! You can see on the right that there are over 11 stocks!!

[@youarerightboss]

CNBC: Chicken Nuggets Being Consumed

[@chris-dd6uq]

Hides 40 pc from McDonalds

[@youarerightboss]

CNBC: Cons Needing Banking Credit

[@PandaArmy-fy5zh]

What is it like to be a propagandis ?