Duplex Nightmare (My Worst Real Estate Investment)
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- Опубліковано 29 лис 2022
- In this video, Chandler takes us through another one of his first investment properties. Having this duplex for quite a few years, it has been through a lot, with lots of history - good and bad (some viral, some not). He dives into all of the juicy details by crunching the numbers of current rents, expenses, and how he distributes his cashflow. It’s important to analyze the positives and negatives that have transpired over the years so as to learn from the past and make appropriate changes if necessary. As with most investments, there are always improvements to look at. However, like many investments, there are so many things to celebrate as well! This property is definitely one that has generated an amazing ROI.
Investing in real estate for the last 10 years, Chandler David Smith currently owns over $25 million worth of rental real estate. During this time, he has had some great experiences being able to share his passion alongside his family and buddies. He has seen them absolutely crush it when it comes to the investing and sales world. More importantly, he has been able to share his expertise with others and learned invaluable lessons along the way.
Chandler dives DEEP into all of the ins-and-outs of this property - how we was able to close the deal, the financial details, his cashflow past and present, and what the future of this property looks like for him. Keep in mind that there are A LOT of unknowns when you take a step into the real estate world - things fall through the cracks and honestly, anything could happen. But - this is life! When you take the proper steps that Chandler teaches here, you CAN mitigate your chances so that you will be taking the smallest risk with the highest return possible!
Eviction Interview Link: • Confronting Tenants I ...
Other Link: • The Worst Eviction Eve...
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“I’m good being out by Friday and make you pay another $200 cause you’re dumb!” 😂😂😂 that got me
Lmfao
If it’s only one day and the basement is $450 a month then it’s only $15 so where is the $200 from?
@@alisonluciana3958 $200 is the court/legal fee to file the eviction and have a court-ordered sherrif/officer there during the move-out. Chandler mentioned that to the tenant during the interview b/c he wanted to talk to them (reasonably) without involving the courts again.
thank you for bringing back the real estate content. Love to see it
Your journey with this duplex is incredibly relatable. It's encouraging to witness your growth and resilience throughout the ups and downs of property ownership.
Also that interior is so trash. Tiled floors are so outdated even if they are in good shape. Cabinet and overall style is very old. The kitchen isn’t even that big, you could have definitely revamped it with not much investment, esp since you gloat that you’re just rolling in the dough. But I feel like because it’s in such a “rough area”, you allow it to look as stale and outdated as it is because you can get away with it. Sad
You seem to have an agenda against this man-is this personal???
Would have loved to have seen how the tenants you evicted left the property..
There’s an entire video about it with pictures at the end
When you do your .24 number is that including lawn care, snow removal stuff?
Good to see you back my man
Why you no show the famous basement? Lol i really wanted to see what they did down there to not have been paying rent but bragging about his skills yet still living with all the holes through all that time yet ready to fix when being evicted for free.
Going STRAIGHT to the eviction video first lmao LOVE THE VIDEOS CHANDLER!!!
Hey chandler I was wondering Im looking to take "money"/ "equity" out of a home I own outright to make an investment what do you think the best strategy is to approaching that? Heloc?
Awesome videos! I have one rental property currently.
Chandler I’m wondering, is it a good thing to make extra payments towards the principal to pay off an property earlier?? I couldn’t find any of your videos talking about this, what are your thoughts?
Just wondering were they out by Thursday or did you have to pay the 200 and get the police to see them out?
Valuable content keep posting!! I learned so much from the type of loan video! I’m planning to buy my first duplex soon
See that’s what pisses me off people like them make it super hard for honest people to find a decent home that doesn’t break the bank
Never introduce yourself to tenants. Always use management as a firewall to these unsavory tenants.
No rails on the porch looks like a hazzard
Hey Chandler! Love your content!!
Where are some of your rental properties located? Would you be willing to purchase a rental home in East Tennessee?
These vidoes really help me a lot because I plan on getting as many properties as I can
Good one to watch. I’m so happy I made a productive decisions about my finances that changed my life. As a father with three children I’ve always prayed for financial freedom. Got my first house at the age of 53.
Congratulations, You’re really doing well for yourself and that of your family, My financiaI Iife is in a mess. Any great tips would really go a long way in shaping my life. I want to buy my own house if possible, that’s really a big flex.
@@markhansen3208I used the FIRE movement to put my finances in order. Then lnvested in stocks, cryptocurencies and reaI estates through the assistance of an investment Pro who helped me make it this big
@@MoonMarket69 Good to see this. You’re really doing great for yourself. investing in stocks, real estate and cryptocurrencies also contributed in changing my life for good.
@@MoonMarket69 Who’s this investment pro you talking about buddy?
@@markhansen3208 Leah Dawn Schwarz
You can look her up on the web
what zip code ?
Did having property manger help
Keep it up
My 27 yr daughter is moving out of her rental so we’re looking at her getting a duplex for around $200k with a FHA loan so she can get on the property ladder and have the tenants pay the majority of the mortgage so she can save to buy more investment properties.
In other words you threw him a curveball at closing table.
Yo bro how did you get a loan for that cheap of a duplex?
He didn't he's just a lying s o.b
Remember high FICO scores= no low lives.
Love this guy
The one you gave an interview?
I'm a Property Manager and I would be so offended if my boss went to interview the deadbeat evicted tenants. Of course I did everything right! It's the evicted tenants who caused 1000's of $$$ damage you should believe your manager. He didn't make them trash the place, not pay rent etccc....
So wrong for an owner to side with deadbeat trashes tenants.
No... take that money but other property. Never pay it off
Get new kitchen cabinets it's outdated
Don't buy property in rough neighborhoods and rent to ghetto people. Got it. Noted. Makes sense.
🎢🎡🗽✌🏼
Idk dude. Trying to be a nice person and watch this video after watching your response to Noah. Still seem slimy. I’m gunna watch your hour long eviction video just to get the whole picture, (honestly, so gross that you filmed that unfaithfully. I’d be so embarrassed to have a landlord want to film me losing my home) but all of this still seems so sleazy 🤷🏻♀️
what a scammer
He was an ass for real .being a business man is not an option when they have two days to be out he should have offered wheb they started breaking shit
No one cares lol
Then don’t watch lol that easy. Your comment just makes him money and boost the algorithm to show you more videos likes this lol dumb on ur part. Good thing no one cares about you tho
Hey do you have an Instagram? Someone with your name messaged me on there but all the photos were posted a few days ago. Just wanna verify it’s you.
That’s not me. Lots of fakes. My insta is @chandlerdavidsmith