Kasey Wong- The most informative real estate investor for multi families I ever ever came across. The quality of the knowledge you learn from him is life changing. And I only been watching videos with him in it for 2 weeks. Thank you Kasey for your guidance. You taught me a ton. Keep it going , I subscribed to this channel only to listen to you talk.
Honestly, Tell Kasey Thank you. The fact that he’s taking the time to share his knowledge to us is unbelievable. He’s the reason I’ve decided to pursue this for my career. His knowledge is priceless. Thank you.
Videos like these are the reason I turned on notifications for Matt's channel. Yet another great video, thanks Matt and Adam and Kasey for the awesome content
I've been loving these videos Matt and Adam ! Thank you so much for providing such great content to your viewers! Casey is a legend! I was wondering if you ever thought of finding and documenting investors who are making profit in Toronto. Everybody sais you can't due to the cost of property but there will always be someone who asks themselves "how can I?" and finds some method to make it work (airbnb /student rentals /rent by the bedroom). Just curious if you might be considering featuring any content along those lines .
Great information. Video idea, please ask Casey to cover what sort of video surveillance systems he uses/prefers/recommends. If that video exists please direct me to that video. Keep it up Casey!
Good video but I wish Kasey would show us how he analyzes larger Apartments by picking a property in his market and breaking the numbers down with a spreadsheet
Just so i understand.. If your monthly rent income is $20,000 and you set aside 75% (for example purposes) and then divide by 12. ($20000 *.75 /12=$1250) You should set aside $1250 a month for repairs and maintenance?
I think what they meant was 80% of 1 month's rent. So if you're getting 20k a year you divide that by 12, and then 75% of that so for your example: 20,000/12 = 1,666. 1,666 * .75 = ~1,250 set aside for a year's worth of expenses. If I'm understanding correctly too, if matt or somebody would like to confirm or correct this. Edit: I see you listed monthly income as 20k, so your yearly would be 240k. So 75% of monthly income = 20,000 * .75 = 15,000 is what you would set aside for the year
I commented on Meet Kevin and Morris Invest and I still don't understand why you can't automate the majority of your tasks in 2019 to avoid needing a property management company.
For all of our 19 lroperties we have our own staff in the office. A large majority of their time is also spent on following up with leads and marketing activities.
Hey Matt on average how old are your buildings/dwellings you own? There are a lot of duplexes in my town that are relatively cheap but they are 100+ year old duplexes...yikes!
A lot of mine are older 100+ years, have 3 that are 30yrs old. Those are the newest. Some of the older ones have been gutted/rebuilt or are solid brick buildings. To me their are a lot of factors when looking at age of building and whether it matters. If you get to know an eta you get to know the style of construction then and often know where to focus reno dollars on etc
Dude I mean this seriously, I am not jumping around like a mindless idiot just because someone is paying me to do so for any amount of money. That is very devilish to do as it shows you worship money over everything. Not the same as basketball at all. How dare you.
Do you love every moment of your job? Do you sometimes do things you don’t want? Would you not jump to stop world hunger or war? I think you’re choosing to be offended by his comment
Matt McKeever I am not choosing to be offended by his comments they are demonic in nature. I would jump to stop world hunger because that is out of the love for a fellow human. Jumping for the love of peace is fine. But for money? And money alone? Bullshit! You need to wonder what his price would be to sell you out since “everyone has a price” he’s totally untrustworthy
I interpret it differently. Money is just a tool we use as a store of value. Tools inherently are not good or evil, that is something we project onto them. How they’re used can be to good or evil purposes. If someone makes a proposition for me to do X for Y value and I deem it a net benefit - I’ll do X to receive Y, if not I will not. That’s what Kasey is saying with this.
@@lennyppm Would you prefer the word "work" instead of "jump"? We all work for money, doing things we don't want to do (aka, "jumping"), that's what 99% of cubicle jobs are - except instead of jumping, we're sitting and getting carpel tunnel. At least jumping burns some calories!
Can't go wrong with another Kasey video. Amazing as always!
Thanks for the support!
Without a doubt Out or State Investor sir
Indeed
Kasey Wong- The most informative real estate investor for multi families I ever ever came across. The quality of the knowledge you learn from him is life changing. And I only been watching videos with him in it for 2 weeks. Thank you Kasey for your guidance. You taught me a ton. Keep it going , I subscribed to this channel only to listen to you talk.
Moebetter same here! Totally agree.
keep going! its incredibly rich
I would love to see Kasey work these numbers out on a board where we can actually see the numbers. He is really good!
Honestly, Tell Kasey Thank you. The fact that he’s taking the time to share his knowledge to us is unbelievable. He’s the reason I’ve decided to pursue this for my career. His knowledge is priceless. Thank you.
Here for Casey. Pen and paper ready. #preach Casey. Thank you so much.
i can listen to Kasey talk all day!
Me too!
Oh without a doubt, Kasey needs his own podcast dontcha think?
17:10 thanks Matt Mckeever for the question we all want to know.
1071 views and ONLY 120 LIKES?
People wake up it takes a lot of time to make these videos!
Great work Matt!
Thanks Galvin!
Galvin coming in clutch with the call outs! Thanks for the hype vibes
00:58 kasey starts his jam packed information session.
Thanks for the timestamp!
THANK YOU!!!!
Kasey built this channel man.. straight up awesome guy
Kasey brought so much value, smart move bringing him on!
Watching from Edmonton. Please bring more specialists like Cassy
Another Kasey Video 🙌 sharing is caring thanks guys
Videos like these are the reason I turned on notifications for Matt's channel. Yet another great video, thanks Matt and Adam and Kasey for the awesome content
You're so right. This is a huge amount of value, I wish I had this kind of information when I was starting out buying deals 10 years ago.
Best info you can get anywhere guys and thanks to you guys it’s free for us to learn and grow and scale
Thanks for the support!
Free content is awesome! It's what I'm trying to do too!
Another Kasey Video!!! amazing!!
A great person to learn from no doubt
Can't go wrong with Kasey! BEAST!
💯
Never can go wrong with that Rockstar Kasey
Great content as usual guys! Thanks for the free content!
Free content is the way to go!
FIRST comment on a Kasey video. I feel honoured.
Hahahahaha it’s a rarefied feat these days 🏆
FAST!
😑😑😑
who wants ANOTHER Kasey video?
Comment 'we love Kasey' for more:
@@HungarianExperiment We have to be faster...
Ghost Ads, that's a good idea. Wish i did that before i bought my student rentals, would've given me a more realistic Expectation.
Great everyday in detail knowledge Kasey...so much value from the videos!
Another great video. Can't believe this content is free!
Thank you so much this is awesome Matt!!! Thank Kasey for us as well!!!
Agreed Danial!
2:00 thank you Kasey Wong!
You left a lot of comments 😂
I've been loving these videos Matt and Adam ! Thank you so much for providing such great content to your viewers! Casey is a legend! I was wondering if you ever thought of finding and documenting investors who are making profit in Toronto. Everybody sais you can't due to the cost of property but there will always be someone who asks themselves "how can I?" and finds some method to make it work (airbnb /student rentals /rent by the bedroom). Just curious if you might be considering featuring any content along those lines .
I'll ask my video team to cook that up for me 😎
Great information. Video idea, please ask Casey to cover what sort of video surveillance systems he uses/prefers/recommends. If that video exists please direct me to that video. Keep it up Casey!
Good question
Kasey videos make my drive significantly better!!
Hahahahaha
I feel you. I drive across town to visit my 19 properties a lot and having someone like Gary Vee playing or Cardone makes the drive way better.
Great video once again. Keep up the good work.
Thanks for the support!
Atlanta GA
In the US expenses used to be 50%. Now they’re around 60%. If you’re getting 40% expense that’s incredible.
Just amazing, every single time!
Thanks Nick!
Always a home run Nick!
@Kellan your on point to be the first.
Always!
00:10 love the background #MattMckeever
Thanks man!
No doubt
Should it be 40% including the mortgage?
Good video but I wish Kasey would show us how he analyzes larger Apartments by picking a property in his market and breaking the numbers down with a spreadsheet
Kasey is a beast!
Kasey is a Rockstar!
Just so i understand.. If your monthly rent income is $20,000 and you set aside 75% (for example purposes) and then divide by 12. ($20000 *.75 /12=$1250) You should set aside $1250 a month for repairs and maintenance?
I think what they meant was 80% of 1 month's rent. So if you're getting 20k a year you divide that by 12, and then 75% of that so for your example: 20,000/12 = 1,666. 1,666 * .75 = ~1,250 set aside for a year's worth of expenses. If I'm understanding correctly too, if matt or somebody would like to confirm or correct this.
Edit: I see you listed monthly income as 20k, so your yearly would be 240k. So 75% of monthly income = 20,000 * .75 = 15,000 is what you would set aside for the year
Especially if your property has an elevator, those are expensive and tend to break down often. I speak from experience in one of my deals.
@@ApartmentRockstar he doesnt do elevators, his model is 2 floors but your right, elevators are like pools =$$$$
Shared! on 3 platforms! Who can beat that ? :)
Thanks Jeff!
Commented on every comment, who can beat that? :)
When I see Kasey I see money.
That's how it is when you got that Cash Flow!
The Apartment Rockstar Hahaha you’re right about that!
@@KaramKhalilTV Rise!
I'm from Australia and found a 30 unit in Esperance for 2.1mil
Australia, I wonder what the market over there is looking for most out of an apartment. Here in Texas in my deals it's all about A/C working.
@@ApartmentRockstar aussie tanking i hear
Someone get this man a whiteboard
What type of tips does Kasey have for selecting tenants? And has he ever had any problems with tenants??
I commented on Meet Kevin and Morris Invest and I still don't understand why you can't automate the majority of your tasks in 2019 to avoid needing a property management company.
For all of our 19 lroperties we have our own staff in the office. A large majority of their time is also spent on following up with leads and marketing activities.
Obtw tell Casey thank you
Yes!
Hey Matt on average how old are your buildings/dwellings you own? There are a lot of duplexes in my town that are relatively cheap but they are 100+ year old duplexes...yikes!
A lot of mine are older 100+ years, have 3 that are 30yrs old. Those are the newest. Some of the older ones have been gutted/rebuilt or are solid brick buildings.
To me their are a lot of factors when looking at age of building and whether it matters. If you get to know an eta you get to know the style of construction then and often know where to focus reno dollars on etc
Omg! 48 minutes after a release and im 13 commenter!
Thanks Noel!
And 14 and 15 and 16 and 17! :)
Kasey Kasey Kasey Wooooooo (crowd goes wild) XD
Hahahahaha
YES.
these numbers.. I wish i can find a 10 plex for 1mil!
#More Casey videos please.
Anotha bangah!
You know it Kevon.
Pay someone to #jump 😎
Too many commercials ;/
ugh that tease!
I never felt so dumb
The two thumbs down are misclicks haha
##:::#... GREAT INFORMATION BUT PLEASE GET RIDD OF THAT LOSER AD THAT KEEPS JUMPING IN.....
This Chinese guy has some attitude problems.
Dude I mean this seriously, I am not jumping around like a mindless idiot just because someone is paying me to do so for any amount of money. That is very devilish to do as it shows you worship money over everything. Not the same as basketball at all. How dare you.
Do you love every moment of your job? Do you sometimes do things you don’t want? Would you not jump to stop world hunger or war?
I think you’re choosing to be offended by his comment
Matt McKeever I am not choosing to be offended by his comments they are demonic in nature. I would jump to stop world hunger because that is out of the love for a fellow human. Jumping for the love of peace is fine. But for money? And money alone? Bullshit! You need to wonder what his price would be to sell you out since “everyone has a price” he’s totally untrustworthy
I interpret it differently. Money is just a tool we use as a store of value. Tools inherently are not good or evil, that is something we project onto them. How they’re used can be to good or evil purposes.
If someone makes a proposition for me to do X for Y value and I deem it a net benefit - I’ll do X to receive Y, if not I will not. That’s what Kasey is saying with this.
Matt McKeever you don’t think it’s questionable that he views his laborers as people who will jump for money? Not at all?
@@lennyppm Would you prefer the word "work" instead of "jump"? We all work for money, doing things we don't want to do (aka, "jumping"), that's what 99% of cubicle jobs are - except instead of jumping, we're sitting and getting carpel tunnel. At least jumping burns some calories!