My tenants called and said they have a nightmare problem...
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- Опубліковано 7 лют 2025
- The tenants on the wedge deal I bought called & said they have a plumbing problem. Here's what happens with this house & an AirBnB duplex. Learn the psychology of investing & making money, NEW 40% off Coupon code ImNotLeaving 🔥🔥🔥 Lifetime access to programs on building your wealth & new updates in stocks, real estate, management, sales, or UA-cam. metkevin.com/join Want deals off market / before they hit the MLS? Checkout metkevin.com/d... for DealMachine!
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Kevin,
Truly love your videos and the knowledge I gain from your investment course. I even showed my wife your videos and she agreed it was a good investment. I think these type of videos show even more your truly are a down to earth person. God the property though way to many yea butts and too many potential surprises that could make 35k look like a dream fix.
Best of luck,
Aaron
It is great you share what you are learning with your wife! :)
Tech & Motorcycles that’s awesome that you signed up for the investing course. I’m a Realtor and have worked a ton with investors but I bet I would learn a ton through his course!
His videos would be shit arse just like his knowledge about basic plumbing.
He makes much more off UA-cam than he does real estate but he still makes mad cheese in real estate.
Tech & Motorcycles FFS mate thats allot of work 😞 Hope you did not spend tons for those repairs
I liked this style of video because you actually go to the house and show the problem with the contractor. Also seeing the Airbnb was interesting.
I like the style of this video more than just someone sitting in front of the camera talking. Why not show us what you're talking about as you're talking about it?
Rob the plumber, seems like a guy I'd wanna go grab a beer with.
Be careful, you might get robbed.
i have beers with some many 40-50 year olds, i learn so much!
@@realismanonymous8867 i read this, im like "okay....." and then i continued watching the video and 5 minutes in, I was like "rob-bed, ROB! Oh shit!" now i know what you meant. LMAO
@@davidg5993 hehe
lol, rob was the thunder of this whole video
I know this is a pretty old video but I love this format of video, the views into your life help me visualize my own path to financial independence.
This is what I was asking for more of, more specific case studies of what your business actually looks like. I didn’t know about cast iron plumbing and that’s a good tip
Theres sooo much....almost overwhelming information and things that can go wrong that are hidden. Also that business license for each house after you have 4 units..or whatever...🤯...i guess pass that payment on to the tenants.
@@actualfactual8737 Yes, it can be overwhelming trying to keep up with all of the information out there. That is why videos like this are really great.
@mister clean san antonio dallas houston and austin all have had cast iron plumbing in the past they have all had lead plumbing in the past too just not to the extent of places like flint mi
Looks you were born in the 90s or 2000s or never repaired or gutted a house? Cast iron and galvanized iron were common unless someone requested copper lines. I haven’t done any plumbing work in 12 years, but back then the newer plumbing started to replace galvanized iron water pipes. Cast iron and galvanized corrode and have yucky stuff in them. Copper has some residue but not like cast iron or galvanized iron. To be honest, I started from the meter and changed out the main waterline, and all the galvanized pipes. I wasn’t getting cancer from a 50 year old house nor blown up. Some idiot installed copper lines instead of approved gas lines. Just by luck, I had to get into the crawl space to investigate a leak and to my surprise, I found copper lines running to each gas line to the four gas heaters in my house. That was a project that I’ll never forget. Since I could do the work after learning from my grandfather how to do it and he was able to do the work as well, the only cost to me was the materials and time fighting spiders, rodents, and other strange insects, and one skunk. I got sprayed by a skunk. Good stories to be told but sadly my grandfather died. He could tell you even more stories about clay pipes and septic tanks and all sorts of plumbing nightmares.
@@wev2344 Even being born in the 90s or 2000s is a terrible excuse! I was born in 92, but the house we bought last year is a 1919. Sure, the pipes *in* the house are all copper, but the main outfeed to the street? Definitely cast iron. It's incredibly common, especially in older homes.
Plenty of people think they'll save money by buying those new homes with only copper or pex--that's a joke if I've ever heard one. Construction quality has gone down astronomically in the last hundred years.
I have no particular need to know the things you share in this video, but I'm glad I do. Your videos are engaging partly because you tell us about the larger picture. For example, the economics of an AirBNB's neighborhood, mentioning that all your financial dealings are recorded at the courthouse, etc. I'm sure most people smile as I do at your family footage. Things have gone south for much of the country and it is cheering to see your boys being so well-raised.
Wow. Everything about this video from the content to the editing is outstanding. Great job Kevin! Learned a ton and was entertained at the same time.
I was about to write this verbatim!
this video came out perfect i was gonna say that
I like these videos more than the sitting in the office videos the aspect of what it actually means to be a real estate investor is amazing
There certainly wasn’t anything wrong with the previous way you did your videos but I do like the new format!
I really appreciate the effort you put into editing such a video, especially since it nicely contrasts the rewards versus the risks of property management, real estate ownership, and family life. This is in stark contrast to your previous videos of (seemingly) cold and calculating money questions.
Honest feedback: First off huge fan, I've watched virtually every video since Nov. of 2017 (the "On Graham Stephan..." video), all your videos on your UA-cam channel profile have a solid red line underneath the thumbnails from one side to the other. I am also a member of the investing course, so thank you for that as well. Love this new style of video and also the fact that you purposely try to give us/viewers new styles of videos when needed, switching it up is refreshing. Some styles I like better than others but still get a ton of value as a student/investor in real estate. Capturing the dirty work as well as the dialogue between subcontractor and the owner is a gem.
Lastly, keep those easter eggs in your vids when needed, they always get me.
Best,
JD
Way nice. You added a personal touch.
Cool...
It's like getting hands on experience! Please continue with at least 75% of this kind of format. Keep them coming!
The new format feels more genuine. And I learned more by seeing. Nice work!
I actually liked this video. You've mixed a little family time in with your own video looking over two different properties which was great. You blended them together pretty darn good. 2 thumbs up for this one.
Very nice video! I like the personal touch. I learned a lot about pipes swelling and breaking. You are keeping it real!
Am I going to get sued for the comment at the end?
Na u showed the cup
Okay here's a for real critique. I love all your videos because they help me speak wealth into my kids.
I like seeing your family dad in-law is freaking awesome and it's wonderful you trust his. Opinion. I plan on being a long time viewer and I can't wait to see Jack and the other lil cutie start saying things like wedge deal..and investment property
Yep get ready
lmfao Jack Cardone stoppppppp
Cut straight into it. Your videos among others helped me and pushed me into buying my first property. Just completed the purchase last week and already half way through renovations with a serious ROI. But the last few weeks your videos of you bitching and complaining/picking fights with everyone else were not you, authentic, or real. Seemed completely fake, egotistical and attention seeking. This kind of content is why I subbed. I actually thought if this is another one of those videos I'm unsubscribing. But this is right were you should be. Real information, real experiences, real interactions. This is much more appealing and educational.
Good info... 2 1/2 years later. I always learn something I didn't know about renting with your videos about your rentals.
Production quality was astounding in this. Your hard work was definitely noticed!
Great content, and thank you for bringing us on this wild ride. It’s great to see what types of problems can come up, and seeing how you work them out.
I love this style of videos!! Keep them coming!
I actually liked this video style. It's basically like a vlog with some elements of learning & with this type of sector; a lot of rich elements/professional opinion/insight taught. Great stuff! I'll scrib it.
The iron pipe not being used for awhile then cracking is true. Happened on my place.
Love your channel's new format and all the information you give. Thanks so much. And your family is sweet.
That plumber is a honest person nice to see not sketchy plumbers
As a new investor, and rabid consumer of your channel as well as BiggerPockets, it is invaluable to specifically see these walkthrough-format videos to take the theoretical principals and see the application. Greatly appreciated education!!
We need Rob the plumber he's got house horror stories we wanna hear them
i got a nice house plumbing story on my channel i uploaded a long while ago, city sewer main backing up into a basement
@@DutchCanPlumb oooooh weeee I am OMW
That sucks that's when I take a ball and inflate it in all ur drains so it backs up at ur neighbors ;) how plumbers block sewer main lines to the street take one the balls from claw machine inflate it in the pipe
Then when we would go to release them we would shoot them with 22 from distance true story
I like this kind of video a lot cause it gives you a real glimpse of dealing with a concern in the home and that process. Nice you put your family in there too!
I liked this! And Ha! Your kid’s cute. Maybe you can go between styles. Do some like this and others like you had been doing. Keeps it dynamic and refreshing.
Plus swapping between the two will give variation and help you not spend TOO long on production.
I enjoyed this style of video. New to your channel but have been watching your newer stuff first. I like that you include your family as well. Great content.
I like this style of video. Has an HGTV kind of vibe that really reeled me in.
Loved the video! I especially like seeing the examples of actual problems you encounter as well as seeing the engagements with the people you hire to fix the problems. The footage of going to city hall and explaining all of the different offices needed to get permits was informative as well. Drone footage is always awesome to get a better idea of lot size and location as you described it. I'm not too crazy about the videos shot in your studio but either way the information put out in those videos is good to hear. The previous video with the property management company was awesome because it was outside, the gentlemen was very informative and there were properties in the background that made watching the video more interesting. Being able to see the work being done in this video of the plumbing helped to give the viewers a better idea of the magnitude of problems that can turn out to be a nightmare. The program you use for seeing the layout of the home really helps us to get a good picture of the layout/design, colors, flooring, etc of the house you are describing. Very cool software!
Dan
I like the walk arounds the properties instead of you sitting and talking. I like see the kiddos too 😍
Thank you!!
Video was great. I enjoyed all the real elements you included. Bringing the family into it adds a nice touch of relating with your audience. Keep up the great video work!
Really enjoyed this video set up! Changes things up a little! :)
I love this kind of video. not only are your kids adorable, but I really like seeing the stuff you're actually dealing with
Keep up with this style dude. I can tell ur putting hours into this content and its unlike any content u can find on here.
Any hands on, or feet on the ground videos people will totally admire! Practical application videos mixed with your financial direction including real numbers is awesome! I am planning to invest in real estate and your videos are certainly contributing to my confidence level with each video! Please continue to perfect these vids. They are appreciated!!
The kid is smart. He didn't say yes to buying an ABB, he ask what is that.
What kid? If you mean Kevin, he is 30 years old lmao
This style of videos are my favorite. I feel I learn the most. Seeing projects, their problems and successes, or potential buys, seeing how you analyze them, is very entertaining and profitable.
gonna be honest. just found you in my front page recommended so you must be doing something right. i like the content style. definitely gives an insight into your line of work. you gained a sub from me!
This is awesome! I shared it with my 80 year old Broker mom! I love seeing you in action and seeing all the old properties similar to ours up here in SLO county! Hoping to see some bargains pop up soon! You work really hard!!
😂 “you need a respirator? Nah, I got one.” 😂
Two great tips about inspections and insurance. Thanks for helping others avoid these mistakes. It is all a learning curve.
Excellent Video, hope you have the time to make videos like this. Its apparent how much time you put into it. Very good job
Really liked this style of video would definitely enjoy it in the future👍
This interactive style is much better - keep them coming, thanks!
So my question is how are you going to accomidate the tenant for the inconvenience? Free rent or something else??
She has to be put up in a hotel for the time. They did a half ass renovation like the rest of these hack flippers and “investors”. Now someone has their life turned upside down and has to live through the massive inconvenience because someone only looks at profits and losses.
Wade Stanton what?
@@black88lx It was said that they didn't know about the problem and that it even slipped past professional plumbers. Did you even watch the whole video?
I love this different style of video! It's good to change it up every once in a while, and this really helped me stay engaged with the content, partly because I had to keep guessing what was going to happen next.
Great video! Awesome work!
Great video. One of your better ones in a while. I enjoyed seeing the problems and decisions behind real estate and your venturing into Airbnb. Hope to see more of the day to day decisions and logic that occurs
Crazy how much location has to do with house prices, where I live, a rough outdated house like that wouldn't go for more than $80k.
But u live in the ghetto tho.
Where i live that house still go for 1m lol
MetalGear crazy right 750000 ur getting a mansion around here
@@dangda-ww7de Not even though; in basically all of the South as long as you weren't literally in the center of a major city, these wouldn't pass for over 100k.
Connor Magidson except for Miami 😭😭😭😭😭😭😭
I'm a big fan and member of the investing course, so thanks for all that. I think it's nice to see some of the family time mixed in. I'm also impressed that you're showing a real problem that you didn't expect. I wonder what will happen with your tenants. We had a plumbing issue at one of our properties, but it was nothing compared to yours. Good luck with it.
Thank you so much!!
I really enjoy how you walked the possible Air BNB to show what to look for - did you end up buying it?
Recently discovered your site. Listening, Learning, Enjoying. Appreciate when it's "get to the topic", like the actual seeing examples, good & bad. Keeps me returning, here. Thank you for enlightening my world. 👍🎯
This style of video kept me watching all the way through. I prefer it
Kevin, I heard about your channel through Graham Stephan. Usually I love your content but find myself at odds with your personality, probably a personal issue of mine. This video was superb. Loved it and you.
Thank you.
wow, thats something to know on the piping. good video
LOVE THIS STYLE.
Not just because you show off the fam. Seeing the convos with the contractors, and just all the behind the scenes and visuals you gave us.
You could tell us all about this back at your office, but instead, you showed us. And you know what they say, a picture is worth a thousand words.
What is that hardware/software that were used for the 3D walkthrough and imaging of the house? I need to get that.
Edit: 2 seconds on Google, it's Matterport. Thanks self.
i also would like to know
yeah me tooo
Lol
It’s called matterport
Matterport
I like both styles of video equally well. I feel like I learn alot by getting to see the actual houses and issues that I might have to deal with as a landlord. It helps me to know what to look for. The in-office videos are very informative and entertaining and I learn a ton there as well. I would love to see more of both styles of videos in the future
Bruh your family brings authenticity to the UA-cam channel.
Bruh
I like this video format, it's actually quite enlightening to hear how you think through each part of the house as you encounter things.
Video idea: analyse other people deals so we can get a perspective of how the private streams are and maybe buy the course,
Loved this video btw
Yes! Keep 'em coming! I like that we also get insights like what the plumber was saying too.
My tenants called and said they have a nightmare problem...
Oh wait... I have NO tenant, so no problem.. let me go back to sleep zz
You'll get there!!
@@MeetKevin Thanks! Going through your course every day!
If you learned anything from this video about the cast iron ...
No tenants = drying out and swelling of cast iron as a potential problem in the future....😩
so Kevin is there a pro tip that you learned from this??. turn the water on in each room once a week? once a month ?for 5 minutes 10 minutes I know there's only so much you can do if you came to see it for the first time 8 months into it being vacant... but still... any pointers???..
TIA..
@@Carlos--Claveran Yea, but it wasn't even hooked up and draining out. He's other plumbers should have use a camera and inspected all those pipes...
@@Carlos--Claveran Pro-tip: try to buy newer houses that DONT have cast iron drains or galvanized water supplies! Most of those houses are 40+ years old or older. Those iron pipes are usually done for by 50-60 years, its not a matter of if but when they'll start leaking and have to be replaced.
Cast iron is brittle and movement and settling of the house will crack it. Moist soil will also corrode the underground lines. I replumbed my house, the 64 year old cast iron was shot in multiple places from the big family that owned it previously. Being vacant for a year was the least of its worries.
Budget for new drains and a re-pipe when it comes to houses over 50 years old, it'll need it soon enough.
It's always good to change things up, I love all the styles of videos you do, this, vlog style, in your office. It's all great cause the content is quality. Also, YOUR KIDS ARE ADORABLE OMG
Have you considered investing in a drain camera given the amount of distressed properties you invest in?
I thought the same thing but wasn't sure if that was even a thing.
home inspection companies use them, but they're around 5-6 figures to buy
Hey Kevin, I watch all of your video's and I personally have 6 kids myself and I think it's awesome to include your family as part of your video's. That is what we really live for is our children and family, so my hats off to you for involving them in your video's. Take care
Have you ever turned a detached garage into a living space?
Hey Kevin, I love this video, I think you should stick with it. Your personality and positive energy are big factors in why I keep watching your content, when you bring these videos into your life it just enhances that personal element.
Don't sue him, bro!
Love it. It’s exactly what I’m looking for. All your videos are well done. I’m excited about getting your course.
When I was a teenager I worked for the family business tunneling under homes exposing the old cast iron pipping & replacing them with CPVC. had some big houses so the tunnels would be like a maze lol
That would fucking suuuuuuuuuck! I hate crawl spaces 🤬 that makes underground electrical sound like a day in the park 😂
I learn something every time I watch one of your videos without even realising it or feeling bored. Love your content please keep up the good work.
that coupon code 😂 this man is rocking that "don't sue me bro" shirt too, I'm dead 😂
Always refreshing with how authentic Kevin is. Great video!
I really enjoyed this style of video!
Was the insurance that covered the claim HOI?
Loved this video, i think both formats are enjoyable and a back and forth for same video is nice too also this format got me a bit more engaged. Keep up the great content!!
What camera and software do you use to get that view of the home?
I really do like the video and its always fun to see the kids as I'm a grandma to four little ones... Keep up the great work!
I cant believe deadpool got into all this.
I kinda get the resemblence to Ryan Reynolds but also not really.
even the voice tones are similar. Hes like a watered down version
Jaja exactly!
We had the exact issue with cast iron pipes that your plumber described. There was a section of our new house that had a heated tile floor. Under that floor, cast into the slab, they ran a cast iron sewage pipe. When we had the pipes filmed, because the toilet was backing up, the section of pipe under the heated floor was just gone. Nothing left. The heated floor kept drying out the pipe, and that cycling of wet/dry just ate it up.
Hey what program do you use to "walk" through your house and how does it work?
I think its called matterport
Love the style of videos. And also enjoy the fact that you have your son with you . Not only you are a great business person but a great , husband & father! Love that!
❤️
Are you putting your tenants in a hotel during the repairs?
... Jack Cardone, sounds like a good Halloween costume lol
Yeah I was wondering the same
Insurance probably paying for that too
he better be or talk about a slum lord
Love the Video its differant from your other video's which makes it better seeing you going from home to home tackeling real estate issues is what people want to see its much better then sitting home makeing vidieos
I like the video! You should do a balance of both kinds, it's nice to change things up! Jack Cardone ha
I enjoy when your out & about, feel like it's easy to retain information due to you having 100% of my attention
“That’s because the cast iron swells as soon as it dries out ...” Never heard such nonsense. If anything, materials would shrink when drying out. Possibly, the cast iron might accumulate more rust while not in use and this, along with other dried out solids, might swell when wet again.
Much more likely, though, is that the surrounding ground, especially if clay, will swell and shrink depending on whether it’s wet or dry, respectively. The result is that cast iron embedded in ground that is swelling and shrinking is likely to crack. Cast iron is hard and brittle with low tensile strength, meaning it will fracture before it bends or distorts ... which is what it would have to do if the surrounding ground is distorting.
So, much more likely: leaking / disconnected pipes / connections lead to wet slab and ground, which swell and then shrink when not in use and therefore dry. Swell, shrink, swell, shrink ... -> cracked pipes.
Old cast iron pipes are usually embedded in the soil with cement to prevent this. Dig up an old pipe and its sure to have cement all over it.
I imagine that is what he was getting at. As the pipe dries out, and begins to rust from clay soil consistently moving and aerating the pipes, it will expand from rust forming. That's all I could think of, other than that I couldn't find anything on google about it other than rusting.
By the sound of how stupid you all sound, I can tell you all have never worked a tool in your lives... The guy was absolutely right. I've dug out more than my share of swollen rusted cast iron pipe from straight up dirt and cement. The oxygen in the air makes the iron rust so it forms layers of rust like a Pillsbury Grands lawyered biscuit, as soon as there is no water in the system, and is not being used on a daily basis. When it is being used the water stops the air from getting up on the surface of the pipe on the inside, it becomes a barrier between the air and the pipe. Just like a p-trap under the sink. Or like when a human lung gets pneumonia... It gets phlegm stuck on the inside walls of the lung like spackle or paste... When the air is breathed in, the oxygen and carbon-dioxide exchange does not happen because the phlegm is in the way. When the air is on the surface of the pipe without continuously being interrupted, the oxidation of the iron pipes is expedited.
@@maegankafka4540 Easy there captain fix-it. The original commenter and I both said he was probably referring to rust due to "oxigen" (which goes to show you have never picked up a dictionary before) exposure from lack of use and shifting sediment. The guy in the video said the pipes would swell, but did not say because of rust. While rust does most certainly cause it to swell in size, the way it came off in the video made it sounded like the cast iron pipe itself expands in and of itself without rust. Typically when rust forms it flakes off or is at the very least not much noticed due to small size (such as in a nail), so expansion of an object due to rust forming is not really noticed to people walking around. Cast Iron does not swell if left alone, rust forming on the cast iron causes it to swell. Cast Iron and Rust are two different things, so differentiating between the two is important, which the plumber did not say in the video (Which is fine really, I don't really care, seems like a nice enough dude). To say "Cast iron swells" is not entirely wrong either, heat causes materials to expand, but to cause the catastrophic failure that happened here, would have been a result of rust forming, not the cast iron swelling all by itself . I will admit I am not a plumber, rather a painter by trade. Simply clearing it up would have sufficed well enough, the insults were not needed at least on behalf of my comment speculating on what the plumber meant by the cast iron expanding.
@@TheRiddler491 shit... My Romanian came through with "oxigen." Just to be clear... I did edit that before you posted your comment... So easy there BOB ROSS. It wasn't a mistake, just a happy little Accident!
Great Video! I like both formats! Keep them coming. The Meet Kevin Report is killer and fresh looking. Keep them coming.
the last house is An automatic bulldoze. No body would take a house like that without redoing everything
Yup.
Not to mention the foundation of the house. I’ve seen better looking houses that were tilting to the side lol
Awesome Kevin! This video is exactly the type of videos I enjoy. Real life, including real family and real properties. Thanks for taking the time to do this one and please keep it up. Would love to meet in real life someday.
How did you manage the tennats while the repairs are being done? Did you have them just stay somewhere else at your expanse?
That's what I was wondering. Where did the tenants go?
Or did insurance cover it?
Idk about where he is but where I live, tenants insurance covers that (it's required for the tenant to pay for tenant insurance)
I like this format, and the additional information about problem solving in this video. Real world stuff with real world solutions.
The fact you are a mid to late twenties father of 2 running your own operation is extremely impressive
I really like that you showed us specific problems with these units, your thought process that goes into buying a new unit, visiting the city offices, and the insurance outcome. The kids felt like a distraction, which would be fixed by a smoother segue or if they occasionally tagged along on a site visit. Thanks so much for the content you make. I learn a lot from you. - Jude
1:02 vintage Smokey Stover smoke detector sitting on the wall lmao
This style of video is way better! Not that the old was bad, but mixing it up is certainly good. This gives us a better perspective of the day to day and gives a nice glimpse into the actual situation your explaining