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Devin Moreno Investing
United States
Приєднався 1 бер 2019
A new 30 year old investor who is just beginning his real estate journey, starting from absolutely no experience in Real Estate and launching himself to hundreds of properties as quickly as possible. I've created this channel to share all of my experiences, both bad and good, to show other new investors how I got started, step by step. I'll be vlogging my entire career in real estate so that no one misses out even on the small details that make this career quite a challenge. Subscribe to learn much more in the lucrative field.
I only visited this flip THREE TIMES and made $27,000!
I only visited this flip THREE TIMES and made $27,000!
Переглядів: 635
Відео
Investing in real estate is NOT how you get rich! #shorts
Переглядів 601Рік тому
Investing in real estate is NOT how you get rich! #shorts
We spent over $100,000 in Renovations for this Home in Baltimore
Переглядів 959Рік тому
We spent over $100,000 in Renovations for this Home in Baltimore
Millionaire investor bought his first rental property at 14 years old (and founded Tenant Cloud)
Переглядів 403Рік тому
Millionaire investor bought his first rental property at 14 years old (and founded Tenant Cloud)
Tenant Placement in a Tenant Friendly City
Переглядів 511Рік тому
Tenant Placement in a Tenant Friendly City
Podcast - Section 8 and Tenant Placement Strategies in Baltimore
Переглядів 1,3 тис.Рік тому
Podcast - Section 8 and Tenant Placement Strategies in Baltimore
Renovating a Lead Filled House Cosmetically - My Plan
Переглядів 620Рік тому
Renovating a Lead Filled House Cosmetically - My Plan
Renovation Walkthrough - Baltimore City High End Rooming House
Переглядів 1,4 тис.Рік тому
Renovation Walkthrough - Baltimore City High End Rooming House
TINY Apartment Tour, Baltimore Airbnb Set up and Design
Переглядів 1,2 тис.2 роки тому
TINY Apartment Tour, Baltimore Airbnb Set up and Design
How I Renovated this Townhouse for Maximum Profit
Переглядів 1,4 тис.2 роки тому
How I Renovated this Townhouse for Maximum Profit
Rowhome Renovation Strategy - Should I Flip This?
Переглядів 1,2 тис.2 роки тому
Rowhome Renovation Strategy - Should I Flip This?
How I Avoid Hiring the Wrong Contractor for the Job
Переглядів 7512 роки тому
How I Avoid Hiring the Wrong Contractor for the Job
Could You Make Huge Profits in Property Management?
Переглядів 3562 роки тому
Could You Make Huge Profits in Property Management?
Why I Don't Listen to my Parents for Business Advice (and 2 other psychological business tips)
Переглядів 3882 роки тому
Why I Don't Listen to my Parents for Business Advice (and 2 other psychological business tips)
Selling a House to Myself (Advanced Real Estate Strategies)
Переглядів 5472 роки тому
Selling a House to Myself (Advanced Real Estate Strategies)
Renting your Mother In-law Suite and What to Consider (Duplex Conversions)
Переглядів 1,4 тис.2 роки тому
Renting your Mother In-law Suite and What to Consider (Duplex Conversions)
I Just Paid Ryan Pineda $25,000 for Mentorship. Here is my plan....
Переглядів 7862 роки тому
I Just Paid Ryan Pineda $25,000 for Mentorship. Here is my plan....
Hold or Flip Strategies for Renovating a Baltimore Rowhome
Переглядів 9142 роки тому
Hold or Flip Strategies for Renovating a Baltimore Rowhome
Best Ways for Beginners to Rent Single Family Homes
Переглядів 9912 роки тому
Best Ways for Beginners to Rent Single Family Homes
My Spreadsheet to Analyze your Deals (Tutorial)
Переглядів 3682 роки тому
My Spreadsheet to Analyze your Deals (Tutorial)
The Myth of Free Real Estate (and why you can't get it)
Переглядів 2612 роки тому
The Myth of Free Real Estate (and why you can't get it)
5 Lessons I learned Partnering in Real Estate
Переглядів 2712 роки тому
5 Lessons I learned Partnering in Real Estate
Buying Your Second Deal with Other People's Money (Zoom Call)
Переглядів 1912 роки тому
Buying Your Second Deal with Other People's Money (Zoom Call)
I use to work for a commercial architect. We had an entire dept that did nothing but dealt with the building department. Biggest pia ever and added a huge cost to every project. I am not against permits or codes, but it has gotten to the point that all it does is add cost and time for very, very little added safety. We have overreached to the point of diminishing returns. They need to simplify and streamline the process and codes and we could definitely build more and do it for less. Also, the inspectors all have god complexes and most of them just make shit up.
Happy Holidays Devin. I live in NYC I'm renting a 2 bedroom apartment and the refrigerator and stove came with the apartment, we get refurbished appliances and I have issues with them , just recently in Nov of this year my stove was making a knocking sound that concerned me so i called the gas company and they suggested the stove be replaced by the building management . They got someone to check it and said they could fix it Well that didn't work so I called the gas company again and this time the stove tested positive for carbon monoxide leveled at 120.i called the building management and yesterday he brings another refurbished stove and that evening gas is smelled so heavily I had to open all the windows and go outside for a walk, this morning the Super of the building comes while on the phone with the building management and he smells gas so he turned the gas off and now I'm waiting to see what happens next, Question should I allow another refurbished stove back into my kitchen??
The cheapest is the dearest
SHOW ME HOW CONTACT ME PLEASE
Hey Devon, I have a similar question as another commenter. In Philly, I wanted to take full reno homes and convert them into duplexes if sqft allows. I read your comments about zoning. Was wondering is it worth it? And if you could elaborate on anything you think is relevant. Shame entrepreneurs can’t just create affordable housing for folks without involving government etc. Thanks and great video.
❤ I really appreciate your content. Do you advise this for rooming houses advertised to medical students? I was going to go all out with the furnishes. Now, IDK.❤
Offerup! Haven't used that
Where did you purchase metal rack please?
You can’t put lvp over hardwood floors. I would remove this vid for insurance reasons. Don’t believe what the Chinese companies tell you. Do your research
Just curious, why do you feel this is the case? We do it quite often. Would an issue arise from doing it?
Disclaimer: Those are low quality cabinets that looks pretty for about 3years.
this guy is a GENIUS!!!! love it!!!
you are very smart. I had to subscribe to your channel immediately. You bring value in every video. Thanks!!
very well thought out and explained. impressive.
I would have liked to see the bedrooms and bathrooms
that was liquid gold that you just dropped on us. Thank you!!
Devon I need a good hvac company
It would help the video if you show more the dehumidifier that you are saying
And coverd a real wood floor with a picture of one that won't last a quarter of time the wood could hope u kept the wood under it
i wonder why nobody talks about permits. i have been watching home renovation vids for so long and just heard about it.
Would you buy a houses that added a bathroom without a permit?
I personally wouldn't mind, though it depends on if they built it to code period many bathrooms built without permits are done correctly. They just didn't want to get the inspectors involved due to the time and cost involved
Would you pull permits if you were renovating your own house?
Hey Devin, are you still investing in Baltimore? I saw you haven't uploaded a video in about a year
I need a licensed general contractor to install a new bathroom. Carpenter, plumber, finisher..
hello - i have an empty shell in baltimore that needs full electric wiring with 200 amps, 2 story 1400 sq ft. i was quoted 16k and thought that was ALOT in light of your vid stating it doesn't cost you more than 6k. can you recommend someone who can do it for less?
Just to make a quick clarification, this video was made in 2019 before one of the largest price increases of a generation. So these prices I say are going to be very inaccurate now. A full gut electrical rewire will be roughly 9k to 11k. To 16k is still expensive but closer. However please note that it is normal to you newer investors higher pricing because they are accounting for all the issues that new investors bring to renovation projects
How long did this project take? And do contractors work during winter months?
Thank you so much for your help I appreciate your time and great content
Thank you for the advice! Keeps down socializing dramas
These videos out here saying 50k+ for a 100 to 200sq ft kichen. Crazy
Ok 👍 cool
Hello What hard money lender do I use for a beginner
I recommend RPIP for most people. They have some of the better more flexible options and I personally use them 513-582-4546
People can stream from their own devices.
Thank you, I truly appreciate your video.God bless you and prosper you.
Do you do schedules
In the thick of this right now as a landlord. We have the added nuance of the tenant setting the place on fire 3 days before the warrant of restitution was ordered. What a crazy coincidental "accident" 🙄
Real number one: to avoid increase in property taxes.
That is also very true!
not really. a lot of times they go by sq footage and what you paid.
@@ducheau100 I was speaking of finishing an unfinished basement.
What brand and model are you using? Thanks
Just a $200 one from home depot is fine. We get those often
@DevinMorenoInvesting What level do you set you dehumidifier on?
I have 6bd 3ba. I plant to get 4 tenants and charge each the same thing. There are 2 masters with walk in showers and large private baths within room. The other 2 tenants each get 2 bedrooms and a shared bath. There are 2 living rooms and a huge dining room. Is this reasonable?
What don’t you advise putting in a dishwasher?
Did you have few African American people who are professional tenants who lost there house choice vouchers in 2007, and they blamed us disabled people who didn't know about it. And these people also done welfare fraud 🤥. I got evicted out because I am on house choice voucher in St. Paul Minnesota. Public housing intake worker told me those bullies professional tenants lies about all disabled people. Landlords called the public housing intake workers about those bullies professional tenants lies about all of us disabled. On the welfare fraud. Then they call me a sex worker, which is not true, and calls me a retardation person and I have IQ 95% Above Average intelligent woman. Specific learning disorder is not a retardation diagnosed with.
Can you rent rooms to section 8????
You actually can. There are voucher programs that accept rooms
Great to know
I put exterior cameras on all our properties so that's something they don't have to ask me for.
Great job mate! I guess that is only feasible outside of Bay area. In Bay Area, the labor costs more than the materials like 2-3x so it makes no sense to use cheap materials.
So I am about to create a LLC for interior dry wall removal, I have a friend who does this work and would switch over and work under the LLC. Would he need a license for dry wall removal? Would I need to get a permit?
Oh man I would have put in a better offer for that house than just $10K over. I mean 6 bedrooms and 7 bathrooms. That is SOOO rare! Especially for that price. I’m get sick for you just thinking about it. That’s a rooming house mega mansion! How much did it end up selling for?
I bought my first rooming house/basement studio and now I’m hooked on rooming houses and trying to find more!! I find you can make way more (have more of a cushion) plus the tenants save money. So it’s a win/win real estate strategy! The hard part is finding properties that have enough bedrooms and bathrooms BUT to also make sure there is enough parking for everyone. My current house has 3 beds/3 baths and I have 3 parking spots so I’m good to go!
Did you do an update video to this house?
I just found out our county allows for up to 4 unrelated people in a house BUT our city only allows 3 unrelated in a house. Sucks because I need 4 rooms to buy these higher priced homes. Especially since I like to buy homes that don’t need much done to them except maybe adding an extra bathroom. I got lucky with my first rooming house because the previous only did $70K in renovations to the house. So it was pretty turnkey except adding a mini split to the attic and changing the paint color in the basement. There is a village right next to our city who allows 4 and so I’m looking for a house in that area. But I’d really like to also find one in our city too. I’m asking if they would be willing to change it to 4 unrelated people to match up with the county. They did that recently on another matter.
I just added a mini split to the attic of my 2 bedroom rooming house and yes it was $5K. Sucks but it’s an older house that only has one vent in the attic. Usually attics aren’t switched to be a bedroom but it’s actually a huge attic with a great bedroom and has a huge bathroom with a jacuzzi tub. A plumber used to own it so he set it to be a great rooming house with a basement studio that has 2 water heater down there!
I would have went with 2 bathrooms downstairs no matter what I had to do to make that happen Plus there was plenty of space to do it.