The lecture style videos are some of my favorites. These topics come up time and time again from various sources, but your way of explaining really helps drive home the important concepts. Keep it up, Kevin!
Great Vid. Math and refinance concept is similar. The main takeaway is the value/price of non-commercial property (4 unit and below) is dictated by market, while value of commercial property is dictated by NOI/Income. Which means you have more ways to control / increase the value of the property directly since you have control over renovation, other functional improvements, which can all ultimately leads to higher rent / better income, and this translates directly to a higher valued real-estate asset.
He never going stop mentioning them, or anyone else. He not the only one who mentioned them. He just know what he's doing when he do mention them. Not only do he mention them, he provide valuable information when he do. UA-cam love that.
KEVIIIIIIIIIINNNNN! DUDE! Amazing content, this is EXACTLY the kind if technical information I crave. I'm gonna blow up this year! Thank you immensely!
Simple process. Use your limited company to buy a home, then lease it to yourself to live in. Works well when owning multiple properties in various locations. Right?
I have learned a lot from you thank you so much for all your videos. By listening to you and understanding what is the market I was able to buy my first apartment complex. Which I-sold my house and use the money as a down payment to purchase an apartment complex. Thank you so much for helping me and understanding. One thing that I can say about you is that you’re not a money hungry person. You tell it like it is.
Awesome video Kevin ! I’ve been learning to evaluate multifamily properties myself via books, podcasts, and of course UA-cam but this is exactly the content I’ve been searching for. Thanks man
Long time watcher, first time commenter here. Please Kevin make more videos like this one. I am very interested in learning more about the details of some of these interest only vs amoritized deals, and how multi family investors build their portfolio over time using 1031 exchanges, refis, etc and all the other tools out there past their first couple of deals. Thanks for the information!
Good luck finding a 7 Cap today... The average cap rate in slower growth cities like Minneapolis are now closer to 5 and in major coastal cities cap rates are now sub 4. Markets are super frothy right now due to cheap debt and the search for yield. If you can find a 7 cap and it's not in the rust belt or the dirty south buy it today!
I like how you think. My Airbnb on the top of my condo I jacked to 140$ a night. Paying down my mortgage hella fast lol.plus installed solar panels on the roof of it,so the extra energy use is offset in it.
I want to see jack in a play kitchen showing us how to sell and upsell. Kids creativity of how to sell things is incredible. My son sits there and comes up with the most unique things for why I should buy something. So many lessons to learn from them.
I LOVE the lecture style videos. It may not easier to understand but I do learn more and gives me more confidence to actually purchase the investing course.
This is by far one of the most informative videos I’ve ever seen man I love it ! I’m definitely coming to your event and this is the first vid I’ve watched of yours. When I’ve turned 18 in a few months I’m 150% coming. C u soon Kev and god bless! I have decent knowledge tho already haha I attempted Samuel Leeds crash course last month and I’ve just read a ton of books but hey you can never have too much knowledge:)
I loved the content in this video it was very informative, and taught me how to do something I never knew how to do... Keep the videos like this coming...
I love the knowledge Kevin! I watched the entire video, and this is golden information. This answers a ton of my questions of getting into Multi-Family. Smashed that like.
Love love love these lecture videos. So informative and have to watch it again. (I'm a student of your course). Do you have to go thru appraisal and pay closing fees again for cash out refinance? And is that the same as heloc/relic?
QUESTION (might be a "dumb" question): There will be a payment to make on the extra cash you gain from the cash out refinance correct? In this case the 65k you used as an example. Bit confused here....
Excellent content, clear delivery, you made everything that seems complicated really simple and straight forward. Thank you for this and please keep the videos coming.
I saved up 150k for going into multi family rental investment around Chicago land area.totally nervous of losing all my money with my first deal but this video gave me some confidence. 🤞 fingers crossed hoping to find a good safe deal
Love this content, it's why I bought your course, which is awesome btw! My first rental hits the market later this week. Would not have had the confidence to do it without said great content. Thanks in advance 😊😀👍
Do you include the costs to close escrow (in my country these are the costs to register the bond/loan and the cost to transfer ownership of the property - called transfer costs) into the cost of the property when calculating cap rate ?
Thanks for the detailed video. Yes, Started watching it yesterday and went back today after watching today’s post and how you did not get as many views. So, thanks for the details! I do prefer details.
Kevin - could you do a video on how multifamily (Grant's) model will hold up with the recent Fed hikes? Does Grant's model work with a base rate of approx. 5%?
I would have divided the added net income (following rent increase) by the 7% cap rate to establish the new value of the property. If you got a good or bad deal on the property the gross rent multiplier does not represent the market value. So your rent increase of $12K at a 7% cap rate is actually an increase of $171,428 in the value of your property. Cheers mate.
The lecture style videos are some of my favorites. These topics come up time and time again from various sources, but your way of explaining really helps drive home the important concepts. Keep it up, Kevin!
Thank you!!
I 100% agree.
Have to agree Kevin! I love these style of videos also!! Please do more going forward and thank you for all the great content!
Agree. More geek out videos.
@@MeetKevin Kevin your wife stays with u???
The classroom style videos teach a lot more. This was a great and informative video
Thank you!!
Great Vid. Math and refinance concept is similar. The main takeaway is the value/price of non-commercial property (4 unit and below) is dictated by market, while value of commercial property is dictated by NOI/Income. Which means you have more ways to control / increase the value of the property directly since you have control over renovation, other functional improvements, which can all ultimately leads to higher rent / better income, and this translates directly to a higher valued real-estate asset.
Thanks Portrait!!
Crazy you're releasing this type of content for free can't imagine how good your courses are
Thanks Doeb!
Figured I would get of Cardone Mallah stuff, instead got Kevin's take.....Which I like! He's like us guys!
"jack loves drawing" that was cute thanks for the tips as always kevin
"Jack loves to shoot guns" that was cute too...lol
He never going stop mentioning them, or anyone else. He not the only one who mentioned them. He just know what he's doing when he do mention them. Not only do he mention them, he provide valuable information when he do. UA-cam love that.
I am VERY impressed at how you can rattle off all those numbers (and be spot on) with a toddler running around. Very impressed.
KEVIIIIIIIIIINNNNN! DUDE! Amazing content, this is EXACTLY the kind if technical information I crave. I'm gonna blow up this year!
Thank you immensely!
ah thanks matt!
Lol. I saw that break because of your son. I learned more from this video than what I did for 1 year, great job!!
Can you do a video on Grant Cardone buying a house and leasing it back to himself
That would be the best video since a loooong time from Kevin then...
I want to see it!
Simple process. Use your limited company to buy a home, then lease it to yourself to live in. Works well when owning multiple properties in various locations. Right?
HAHA! Your Son's so Cutie! Inspired by your commitment to continue filming while still looking after him! 🙂
Great job Kevin. Awesome video. You make the numbers very clear and do it better and cleaner than anyone else. Numbers on screen are terrific.
I am so happy you are breaking down multifamily real estate.Can you breakdown office investing next
I have learned a lot from you thank you so much for all your videos. By listening to you and understanding what is the market I was able to buy my first apartment complex. Which I-sold my house and use the money as a down payment to purchase an apartment complex. Thank you so much for helping me and understanding. One thing that I can say about you is that you’re not a money hungry person. You tell it like it is.
I have been checking into this for about 3 weeks now Ben go over it so fast but he can do whatever he wants he’s the man!! By the way Great video
Thank you!!
Awesome video Kevin ! I’ve been learning to evaluate multifamily properties myself via books, podcasts, and of course UA-cam but this is exactly the content I’ve been searching for. Thanks man
This is the video I've been waiting for!
I'm waiting for the next one...
I love when he goes into details about everything! Wait.... that's every video! I try to mimic him on my channel as well LOL
@@lostintime8651 Always waiting LOL
I love these kind of videos! Please keep making them, state the obvious and dumb it down even further, because I'm a slow learner!
More classroom style of teaching would be great. Entertainment is great but the nuts & bolts is what makes it work.
I think he doing a great job. It's just his style. He dont leave you clueless. I think the et work for him.
I don't feel this is "preachy" at all - I've watched a lot of your videos and this is 31 solid minutes of real estate ed
Yes multifamily is definitely the way to go. Especially when starting out.
You are right! Multifamily real estate changed my life! And I learned everything about it on youtube!
Nemanja right! You can learn so much about REI for free on UA-cam it’s crazy
@@isaacjohnson837 soo truee! And I am so thankful to ThisIsJohnWilliams and Grant Cardone for teaching me about it!
Nemanja yeah thisisjohnwilliams is giving away a property. So I guess I like his channel haha
Great video! You're back like I like you...teaching people what others won't. ..in detail.
This video is way better than your other "entertainment" ones. Please make more
Long time watcher, first time commenter here. Please Kevin make more videos like this one. I am very interested in learning more about the details of some of these interest only vs amoritized deals, and how multi family investors build their portfolio over time using 1031 exchanges, refis, etc and all the other tools out there past their first couple of deals. Thanks for the information!
Jack absorbing all the knowledge.
Good luck finding a 7 Cap today... The average cap rate in slower growth cities like Minneapolis are now closer to 5 and in major coastal cities cap rates are now sub 4. Markets are super frothy right now due to cheap debt and the search for yield. If you can find a 7 cap and it's not in the rust belt or the dirty south buy it today!
This is your best video yet! At least for helping me out in my journey!
I like how you think. My Airbnb on the top of my condo I jacked to 140$ a night. Paying down my mortgage hella fast lol.plus installed solar panels on the roof of it,so the extra energy use is offset in it.
Your videos are so awesome, I'm devouring your content, these types of videos are super helpful!
This is teaching. Not preaching. Keep it coming bro much love 🤘🏽😎
00:10 i like a man that treats his son well and doesn't tell him to stfu.
I want to see jack in a play kitchen showing us how to sell and upsell. Kids creativity of how to sell things is incredible. My son sits there and comes up with the most unique things for why I should buy something. So many lessons to learn from them.
They're good negotiators for sure!
Real Estate it's the way to go man!
Bro...NEED MORE like this format!! Instant subscriber! Thank you
Am i the only one who likes the way Kevin plugs his stuff 😂
Sultan’s Financial Journey no
This is gold Kevin🎉
Not preachy at all, Kevin! Appreciate this kind of content.
I LOVE the lecture style videos. It may not easier to understand but I do learn more and gives me more confidence to actually purchase the investing course.
Thank you for this awesome video. The info is clear and easy to understand. Appreciated!!
Love these, would want more of these on youtube!
These are my favorite videos Kevin! Please keep it up!
This is by far one of the most informative videos I’ve ever seen man I love it ! I’m definitely coming to your event and this is the first vid I’ve watched of yours. When I’ve turned 18 in a few months I’m 150% coming. C u soon Kev and god bless!
I have decent knowledge tho already haha I attempted Samuel Leeds crash course last month and I’ve just read a ton of books but hey you can never have too much knowledge:)
I have your course so now I prefer these types of explainatory videos be in your course because that's when I'm ready to take notes and pay attention.
I loved the content in this video it was very informative, and taught me how to do something I never knew how to do... Keep the videos like this coming...
Would love to see a face 2 face between Kevin & Cardone!
You’re copying Grant Cardone keep steeling his ideas and benefit from it. Lol. Go Kevin.
Hate to say it even tho I like Kevin I just think Cardone would crush Kevin. He’s a tough fuckin dude
Several of my friends take this approach and seems to be very proven! Great video!
Kevin you teach me something new everyday my boy!
Jack is gonna be a real estate genius
Thanks Beefcake! Is that like Beefstick from Impractical Jokers?
that's what I was thinking during the video!
I love these classroom style videos, please go in depth
I love the knowledge Kevin! I watched the entire video, and this is golden information. This answers a ton of my questions of getting into Multi-Family. Smashed that like.
This video has so much value. Thanks!
Love love love these lecture videos. So informative and have to watch it again. (I'm a student of your course). Do you have to go thru appraisal and pay closing fees again for cash out refinance? And is that the same as heloc/relic?
Yes on appraisal/closing costs for refinance -- usually HELOC is free!
This video was great! Please don't stop making this style video.
QUESTION (might be a "dumb" question): There will be a payment to make on the extra cash you gain from the cash out refinance correct? In this case the 65k you used as an example. Bit confused here....
But increased rents basically cover same % of loan as original deal.
@@kdrguru Interesting..
Love This Kinds Of Videos Helps Feed The Brain! KEEP IT COMING!
Great information and nice editing! I currently invest in multifamily and alot of this information is correct even for the midwest(where I am)!
Excellent content, clear delivery, you made everything that seems complicated really simple and straight forward. Thank you for this and please keep the videos coming.
I saved up 150k for going into multi family rental investment around Chicago land area.totally nervous of losing all my money with my first deal but this video gave me some confidence. 🤞 fingers crossed hoping to find a good safe deal
Do you own any thing with four or more doors and if so is it in cali or in a cheaper state?
Need more of these KNOWLEDGE numbers! These are for the more serious people that want more info.
I appreciate the content! don't worry, not bored by it!
Thank you for making me come back to this video
Back to the Basics! Love it.
This video was very beneficial. Thanks Kevin
I love this way of teaching
These are by far my favorite videos that you do. I’m waiting to take my license test and this is awesome knowledge to have.
Amazing, great video Kevin.
Watched this one twice, so much great information! You need to drop videos daily bro!
Whoa this is a lot for me. I'm going to learn all these terms and come back to this video! Thanks Kevin
Love this content, it's why I bought your course, which is awesome btw! My first rental hits the market later this week. Would not have had the confidence to do it without said great content. Thanks in advance 😊😀👍
This is a great video Kevin! Thanks for the content!
Wow Kev!!! The last few weeks have been amazing secrets. Amazing content💯💯😊😊 thank you so much.
Ben is a good guy.
What happens when principles kick in in the interest only loan?
By far my favorite video.. thx man
Love these types of videos
love all the content in this video. Can you make more videos like this?
Great video with numbers explained, just need to watch multiple times
Great video Kevin thank you
Great information and great video thanks man
Do you include the costs to close escrow (in my country these are the costs to register the bond/loan and the cost to transfer ownership of the property - called transfer costs) into the cost of the property when calculating cap rate ?
Yup I showed that
This style is perfect!
It’s time to dissect the fish 🎣
Thanks for the detailed video. Yes, Started watching it yesterday and went back today after watching today’s post and how you did not get as many views. So, thanks for the details! I do prefer details.
Is raising the rent pretty standard?
Great video I like how you explain in detail the numbers breakdown. We need more like this
do more of these please!
Kevin - could you do a video on how multifamily (Grant's) model will hold up with the recent Fed hikes? Does Grant's model work with a base rate of approx. 5%?
This is gold thank you so much Kevin!
As always, you deliver quality info. Thanks!
Thank you!!
Great video, it would be great to see a complete video on depreciation and depreciation recapture and how it all works.
Honestly the video was great but I really love it for Kevin dropping the Drive Thru Rap reference!!! 17:26
:D :D Thank you!!
Jack loves drawing ✍️
How long do you usually wait to do a cash out refinance?
In my geography class our teacher put a video about cleanest cities and there was the image of the house you bought in san francisco
What episode is that?
what is single family wedge deals?
Fascinating!
I did not hear you mention bank fees and closing costs, any advice on minimizing them or is it just a cost of doing business?
I would have divided the added net income (following rent increase) by the 7% cap rate to establish the new value of the property. If you got a good or bad deal on the property the gross rent multiplier does not represent the market value. So your rent increase of $12K at a 7% cap rate is actually an increase of $171,428 in the value of your property. Cheers mate.
Can you do a video on renting real estate to family members? Or mention it in a video?
Thanks man love your videos!
Chris