I just purchased your investing course last week. I will be getting pre approved next week and hoping to use the education learned from you to make a great investment on my first purchase. Thank you for your hard work. I used the discount code to be able to afford your course. Big savings! Can't wait to see you reach 1 mil subs. Almost there!
It is so nice to see you smile! Every time you talk about real estate, you always smile. This is s breath of fresh air after all those stimulus check videos. Yay!
Great job. I still like getting new vinyl windows. Just did 7 windows and 1 patio slider for a 3/2 1400 sq feet house in OC for $4k flat. It'll last decades and makes the place look so much newer
Seriously how Kevin has the time and drive and energy to do all this. I swear I struggle just to get out of bed and go to the grocery store. Been trying to go to the barber shop for 2 days now lol
How is it possible Kevin found time to purchase, upgrade and refinance this house all while researching, editing and posting stimulus videos 4 times a day?
He is a MACHINE! Plus he probably already knows who to call for what because he had a relationship with his lender subcontractor Ect. Plus a reputation for not messing around. And he is likable.
Vey nice place looks great and you did it for less then I thought was possible. It’s really amazing and inspiring for me. To see what you can do. Repeatedly I am looking to try to do something similar in real estate 🏡 however every time I hit some kind of financial bump and I get nervous and start thinking about slightly above market value new or almost new properties then you make one of these videos and I get some of my confidence back. Thanks Kevin.
nice project - that was a lot of rehab! I haven't done such a big rehab yet. Looks great! I'm curious to know what rent a property like this one brings?
Hey Kevin can you do a video showing numbers and what you need to do ( Contract wise) for renting out properties to tenets would love to see in detail.
Shared. Did you get it rented first before the refi? Also if you refinanced as an investment property that would be an LTV of 75% in most cases, having you come out of pocket. A video breakdown of the refi would be greatly appreciated.
I think 66 k repair is excellent. The brilliance is where you know what to fix remove and the design. Then managing the construction to perfection. Tell me if the classes would really teach all that. I may be interested.
Meet Kevin I’m going to probably hit the investor course even though my question is probably in the rental course. I’m a n00b. I also need to figure out if I’m on the lifeboat or the pirate ship first. These are trying times. Keep the content flowing...
You are a very clever, and very lucky young man. I hope you stay humble and not get arrogant as success often tends to go to your head. I know from F experience. Stay humble & continue to prosper. Amen.
As always I'm loving this quality videos, but it's getting hard to keep up with the pace Kevin, take a break, it doesn't hurt to take a bit longer from upload to upload
The other video he made was for ppl interested in starting a 3d scan business.. he doesn't claim the 360 to be better overall than the one he used here. He also mentioned he owns both of them the difference is the price A few thousand vs a few hundred to do just about the same quality work
3 things. 1. Normally you would sand and repaint the kitchen and not remove a wall for an open kitchen. I'm glad you did that, because at this property you would have cheaped out at the wrong place. 2. I hope on more videos and reaction like that. 3. The beard suits you good. Hope your wife likes it as well and you don't do this to be sponsored by a shaving company.
I don’t know where is the house and if even these numbers are correct and not exaggerated, but let’s say they are correct. •Buy -$557,000+$67,000(renovate)=$624,000 •Valuation- $715,000 Cash out refi would be %80-%20 meaning bank will pay you %80 of the valuation ($715,000) = $572,000. You are in this with $624,000 (buy+repair). The math is saying you can’t even brake even, you are in the hole for $52,000. Moreover, with a mortgage for $715,000 how much is going to be you monthly payment? At these rates, interest + principle you are looking around $30k a year. Plus property tax + insurance + vacancy + op expense + cap expense, (+ even utility maybe), let’s not calculate PM cuz maybe you will take care of it ur self, still you will have to add another $20k. That puts you around $50k a year just to break even. $50k / 12 = $4,160 a month rent needed. Can you charge this rent a month? Maybe. But that’s the math how I see it. Maybe I’m wrong, let me know what you think.
You are definitely on to something. I was just about to mention that the $91,075 is indeed the equity however it would not be the cash that he would be able to pocket. Certain lenders are only offering 70% loan to value but even at 80% that figure would be less.
i didn't do the math like you have, but if you say he needs to charge $4160 a month in rent, he can probably easily get that here in CA where 3 bedroom apartments (not a house with a yard and space) can go for $3600+ a month in my neighbourhood. the CA real estate market is insanely outrageous and pretty discouraging for little fish who want to get their feet wet with real estate investing/flipping.
And what blows my mind is when I scroll throu these comments I don’t see anybody questioning the numbers. You only hear yes, great job, you are a wizard type of comments. He is making 1 mil a year just from the videos, and good for him. If he fuc* up the number and loose money on the properties, guess what, not a big deal, he is making at least 1 mill a year just from these videos, not to mention the money from his courses on top of that. If a regular Joe does this deal he will be bankrupt, if not homeless.
$91,075 is indeed the equity however it would not be the cash likely to pocket. Certain lenders are only offering 70% loan to value on investment home refinances but even at 80% that figure would be less. I am only going off the numbers provided but I love the strategy!
So gota ask, whats with the time shift between pictures in the before? You go from evening to mid day then back to evening. Shouldnt you have just taken all the pics in one shot?
Hey Kevin, I read somewhere that capital gains on owner-occupied real-estate are not taxed up to a certain point. If you flip a property, could you avoid capital gains tax in a similar way?
![Shocked by Graham Stephan’s Rental Remodel [Reaction]](http://i.ytimg.com/vi/TLfimbZ6yC0/mqdefault.jpg)
I just purchased your investing course last week. I will be getting pre approved next week and hoping to use the education learned from you to make a great investment on my first purchase. Thank you for your hard work. I used the discount code to be able to afford your course. Big savings! Can't wait to see you reach 1 mil subs. Almost there!
How much did u pay?
Yesss finally the old Kevin is back
Kevin, Please do more videos like this... I love seeing renovated houses.
Finally! Another RE vid. I know you gotta do what makes you money and right now thats stimulus videos, but this is why I watch your channel.
Good ole housing video! The Fed is cool and all but this lets us take our lives into our own hands.
Dude. This is the best renovation yet. Great job!!!!!
Watching this video reminded me as to why I subscribed! Needing more of these videos!
It is so nice to see you smile! Every time you talk about real estate, you always smile.
This is s breath of fresh air after all those stimulus check videos. Yay!
yay!!!! a new real estate video!!!! so excited Kevin!!
Gotta love learning from the Pros! Love your real estate videos Kevin!
Great job. I still like getting new vinyl windows. Just did 7 windows and 1 patio slider for a 3/2 1400 sq feet house in OC for $4k flat. It'll last decades and makes the place look so much newer
Love these videos
Charlie Grubel I was about to type the same thing:)
please more real estate videos!
HE'S BACK BABY
Wildly inspirational as always. Thanks for always providing so much value, Kevin!
*Kevin's videos are awesome!* For those who read this: If you work hard, everything is possible! Kevin is very good example of this 💪🏽
Raising capital on my 30k a year job... so far 15g
Please do more videos like these, your real estate ones are your best work
Seriously how Kevin has the time and drive and energy to do all this.
I swear I struggle just to get out of bed and go to the grocery store.
Been trying to go to the barber shop for 2 days now lol
Keep the videos coming! My wife and I watch all of them!
How is it possible Kevin found time to purchase, upgrade and refinance this house all while researching, editing and posting stimulus videos 4 times a day?
He has a team I believe.
He is a MACHINE! Plus he probably already knows who to call for what because he had a relationship with his lender subcontractor Ect. Plus a reputation for not messing around. And he is likable.
SOLID GOLD information in this vid. Actual real life real estate success. Amazing work Kevin. Hats off to you sir.
This was great Kevin. You did a great job on the remodel and I appreciate the numbers too. Thank you!
Yes!! The content that I followed you for. Thank you for getting back to these wedge deal tutorials. Is that LVP flooring?
That property looks so nice. I love the before and after videos you make.
I miss these types of videos!
Thank you for bringing the houses back. We love it!
Great job Kevin. Hard work and people skills go a long way in this world.
The renovation came out gorgeous!
love it love it love it, more valuable than the stimulus videos
My guy!! Excited to see the real estate videos again
Amazing Kevin !!!
👏👏👏👏👏👏
Great video! Really like how you showed every step of the process 😁
More of these videos please Kevin 🙏
So excited to watch this video! 😊
This video was great - you should 100% do more like these!!
I love the gray cabinets with black knobs...very nice👌
Gorgeous! You always have such great taste in your renos.
Why are you so good to us?!? 🥺🥺
BRRRR in action! Love the turn around of this project! :D
Vey nice place looks great and you did it for less then I thought was possible. It’s really amazing and inspiring for me. To see what you can do. Repeatedly I am looking to try to do something similar in real estate 🏡 however every time I hit some kind of financial bump and I get nervous and start thinking about slightly above market value new or almost new properties then you make one of these videos and I get some of my confidence back.
Thanks Kevin.
nice project - that was a lot of rehab! I haven't done such a big rehab yet. Looks great! I'm curious to know what rent a property like this one brings?
Miss the real estate vids
Thank you for the updates and info! I really appreciate it! Nice job on the rental!
You encourage me and I appreciate your positivity more than I can ever say.
Hey Kevin can you do a video showing numbers and what you need to do ( Contract wise) for renting out properties to tenets would love to see in detail.
Great job! ... Excited for the California video
Shared.
Did you get it rented first before the refi?
Also if you refinanced as an investment property that would be an LTV of 75% in most cases, having you come out of pocket. A video breakdown of the refi would be greatly appreciated.
Finally another one of my favorite videos. Was waiting a long time for this lol. Good stuff Kevin 👏
awesome transformation man! you are a beast!
Very awesome Kevin! Im thinking about trying this
I love watching these kinds of videos!!
Awesome video, keep up the great work
I think 66 k repair is excellent. The brilliance is where you know what to fix remove and the design. Then managing the construction to perfection. Tell me if the classes would really teach all that. I may be interested.
Yes - if ya disagree email me Kevin@MeetKevin.com
Meet Kevin I’m going to probably hit the investor course even though my question is probably in the rental course. I’m a n00b. I also need to figure out if I’m on the lifeboat or the pirate ship first. These are trying times. Keep the content flowing...
You are a very clever, and very lucky young man. I hope you stay humble and not get arrogant as success often tends to go to your head. I know from F experience. Stay humble & continue to prosper. Amen.
Kevin, what do you think about putting a ceiling in the garage? That's pretty cheap to do, does it add value?
Great job on the house ! Watch another video when you purchased it. You should do a Noob vs. Pro video also on that video. Good luck with the tenants
If you live in or near a small town where the real estate prices aren't already through the roof, then yes - good work if you can get it.
do you use self leveling underlayment before installing the vinyl plank?
Hey Kevin could you please tell us how much the cabinets were by themselves with installation and what brand?
@Meet Kevin can you please let me know if your course will be on sale again? Also keep up the great work you’re Americas true hero!
Karim Kanfoudi You can still use code LABORDAY :D
I really like the remodel. Thanks for creating this video.
Great content Kevin!
Bro keep doing these vids !
As always I'm loving this quality videos, but it's getting hard to keep up with the pace Kevin, take a break, it doesn't hurt to take a bit longer from upload to upload
What made you decide to keep the old windows? What was that thought process like?
There is a matterport being used for this and here I am using the 360 you sponsored on your other video. ..
The other video he made was for ppl interested in starting a 3d scan business.. he doesn't claim the 360 to be better overall than the one he used here. He also mentioned he owns both of them the difference is the price
A few thousand vs a few hundred to do just about the same quality work
The new camera that you are using is doing an excellent job!
3 things.
1. Normally you would sand and repaint the kitchen and not remove a wall for an open kitchen. I'm glad you did that, because at this property you would have cheaped out at the wrong place.
2. I hope on more videos and reaction like that.
3. The beard suits you good. Hope your wife likes it as well and you don't do this to be sponsored by a shaving company.
Great result, thanks for sharing!
Hey Kevin, my fellow kraut....was your 3D tour with the Matterport camera or the 360 camera that is cheaper? Thanks love the videos.
Good job Kevin.
Best Wishes in all of your efforts.
Amazing work Kevin. Inspiring!!!
Hey Kevin what color is that grey in the living room and where do you get/what flooring is that?
Awesome man. Inspirational stuff.
Excellent flip! Thanks for the video!
Beautiful reno❤
Hi Kevin, want to try your 3D scan idea but the Insta 360 One x camera isn’t available. Any thoughts on the Insta 360 One R?
What percent are your re-fi’s at? Great vid Kevin do more of these please 👍
For how much would you rent this property to avoid negative cash flow after you refinance? Thanks Kevin!!.
More of these videos please 🙏
Please do more videos like this😍😍
It's a nice house and backyard! 👍🏻 looking good
Kevin, did you redo the HVAC ducts?
How much did the whole ac system cost?
I don’t know where is the house and if even these numbers are correct and not exaggerated, but let’s say they are correct.
•Buy -$557,000+$67,000(renovate)=$624,000
•Valuation- $715,000
Cash out refi would be %80-%20 meaning bank will pay you %80 of the valuation ($715,000) = $572,000.
You are in this with $624,000 (buy+repair). The math is saying you can’t even brake even, you are in the hole for $52,000.
Moreover, with a mortgage for $715,000 how much is going to be you monthly payment? At these rates, interest + principle you are looking around $30k a year. Plus property tax + insurance + vacancy + op expense + cap expense, (+ even utility maybe), let’s not calculate PM cuz maybe you will take care of it ur self, still you will have to add another $20k. That puts you around $50k a year just to break even. $50k / 12 = $4,160 a month rent needed. Can you charge this rent a month? Maybe. But that’s the math how I see it. Maybe I’m wrong, let me know what you think.
You are definitely on to something. I was just about to mention that the $91,075 is indeed the equity however it would not be the cash that he would be able to pocket. Certain lenders are only offering 70% loan to value but even at 80% that figure would be less.
i didn't do the math like you have, but if you say he needs to charge $4160 a month in rent, he can probably easily get that here in CA where 3 bedroom apartments (not a house with a yard and space) can go for $3600+ a month in my neighbourhood. the CA real estate market is insanely outrageous and pretty discouraging for little fish who want to get their feet wet with real estate investing/flipping.
And what blows my mind is when I scroll throu these comments I don’t see anybody questioning the numbers. You only hear yes, great job, you are a wizard type of comments.
He is making 1 mil a year just from the videos, and good for him. If he fuc* up the number and loose money on the properties, guess what, not a big deal, he is making at least 1 mill a year just from these videos, not to mention the money from his courses on top of that. If a regular Joe does this deal he will be bankrupt, if not homeless.
Kevin, What are you doing to paint the bath tile surrounds?
$91,075 is indeed the equity however it would not be the cash likely to pocket. Certain lenders are only offering 70% loan to value on investment home refinances but even at 80% that figure would be less. I am only going off the numbers provided but I love the strategy!
So gota ask, whats with the time shift between pictures in the before? You go from evening to mid day then back to evening. Shouldnt you have just taken all the pics in one shot?
Are you including utilities in your rentals? If so are you insulating the exterior to reduce cooling costs drastically?
looks great, Kevin!
love the colors, what style /color of flooring did you go with?
You are a genius,Kevin❤️
Kevin, is this your infamous Coventry Grey cabinets with Edgecomb Grey walls and white trim? Looking marvelous, brother!
instant like for renovation videos
Hellow Good Evening have a great and awesome and super cool day today ok and yes God bless you to. 😀
Classic MeetKevin!!!!
Like the grown out hair!. Please keep it. Love your videos more!
Always encouraging. Thx
Hey Kevin, I read somewhere that capital gains on owner-occupied real-estate are not taxed up to a certain point. If you flip a property, could you avoid capital gains tax in a similar way?
Love it!!! Looks great