Meet The Real Estate Investor With 102 Tenants

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  • Опубліковано 7 тра 2019
  • Meet Matt McKeever, the Real Estate Investor who now owns 16 buildings, 58 units, with 102 Tenants. Here’s how he did it - enjoy! Add me on Instagram: GPStephan
    The UA-cam Creator Academy:
    Learn EXACTLY how to get your first 1000 subscribers on UA-cam, rank videos on the front page of searches, grow your following, and turn that into another income source: bit.ly/2STxofv $100 OFF WITH CODE 100OFF (Limited Time Only)
    Merch: www.GrahamStephanStore.com/
    My ENTIRE Camera and Recording Equipment:
    www.amazon.com/shop/grahamste...
    Matt McKeever’s Channel: / @canadianrealestatecha...
    Jeff Wybo’s Channel: / @jeffwybo
    Peter Kloczko’s Channel: / @hungarianexperiment
    In this video, we’ll meet with Real Estate Investor, Matt McKeever, as he tours us through each of his 16 properties and discusses them in detail, including how he got started investing in real estate, how he manages his time, and his recommendations for everyone watching.
    For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness@gmail.com

КОМЕНТАРІ • 4,7 тис.

  • @bijankazemi4368
    @bijankazemi4368 4 роки тому +1219

    The lesson here is to rent to students, charge for each bedroom rather than the whole house, and tripple/double your ROI

    • @rootsofmoney7830
      @rootsofmoney7830 4 роки тому +38

      You're indirectly saying you hate them

    • @Drod11z
      @Drod11z 3 роки тому +7

      ROOTS OF MONEY ?

    • @jasinbiggs7189
      @jasinbiggs7189 3 роки тому +25

      Ya but its more time consuming.
      Depends on the city/neighborhood.
      Some places don’t have enough students

    • @bijankazemi4368
      @bijankazemi4368 3 роки тому +40

      @@jasinbiggs7189 This is true but if you do it near a college you will most likely have a high demand because there is a high chance that the rent expense for them is going to be lower than on campus accommodation etc

    • @chaff5
      @chaff5 3 роки тому +48

      @@bijankazemi4368 If I had this many properties, I'd want to diversify a bit. A big chunk would be college students to get that higher ROI but I'd also want some single family homes to have stable income. Families stay put for a while, or at least on average they do. Students tend to move often so you have find a new tenant and do new leases every single time they do. Then students tend to be messier and break stuff more often. A lot of them are getting their first taste of freedom and they're doing that in your property.

  • @karna5998
    @karna5998 4 роки тому +2484

    After all this hustle, he finally saved up to get contact lenses

  • @LarryAnthony-ut8ok44
    @LarryAnthony-ut8ok44 2 місяці тому +154

    The best investment one can do right now is investing on real estate though stocks are good but ever since I swapped to real estate, I've seen so much difference.

    • @JerryLuca-nm9ru55
      @JerryLuca-nm9ru55 2 місяці тому

      I have been making a lot profit through real estate which has been the main source of my income.

    • @LarryAnthony-ut8ok44
      @LarryAnthony-ut8ok44 2 місяці тому

      STEPHINE KOPP MEEKS she is whom i work with look her ////

  • @delphimichaels164
    @delphimichaels164 4 роки тому +381

    When I was a college student, I got two friends and rented a house. We took pristine care of that place for three years. I do not relate.

  • @lucymartin881
    @lucymartin881 2 роки тому +73

    The amount of time we spend believing we can't is more than enough time to learn how you can.
    - my Brain

    • @lucusjames9892
      @lucusjames9892 2 роки тому +1

      That's truth

    • @sapiloogheneochuko2246
      @sapiloogheneochuko2246 2 роки тому +1

      Nice words 👌

    • @sapiloogheneochuko2246
      @sapiloogheneochuko2246 2 роки тому +1

      For real it's true this could be the wisest word I've heard, you got my point

    • @victoriaouellet4999
      @victoriaouellet4999 2 роки тому

      I just withdraw my profit and last too days before now. am glad I did my invest with them still reinvent and the trading is still going.

    • @aaronferrell3129
      @aaronferrell3129 2 роки тому

      I we recommend anyone in need of a reliable broker to make money, Mrs Lucy Griffin has been the one trading for me

  • @KenRobinsonchannel
    @KenRobinsonchannel 5 років тому +930

    I rent several units and have never put up with property destruction of that level. Yeah college students don’t particularly maintain a property but that’s a big difference from actual damage. Crazy.

    • @whattime9789
      @whattime9789 5 років тому +5

      That is exactly right kenny!!

    • @FullySpartan300
      @FullySpartan300 5 років тому +102

      All those houses are party houses

    • @jimmytran1870
      @jimmytran1870 5 років тому +2

      Put em in collection

    • @Amariellah
      @Amariellah 5 років тому +7

      Yep he can put a judgement on them at least in America

    • @nordette
      @nordette 5 років тому +8

      @@dorenesmith8062 can't do that in Canada unfortunately 😒

  • @manuelseda9197
    @manuelseda9197 4 роки тому +304

    This guy owns the whole neighborhood

    • @anthonywright5275
      @anthonywright5275 3 роки тому +9

      keyword there was "hood" 😒

    • @manictiger
      @manictiger 3 роки тому +1

      I actually thought about this, and, given the current riot-rich environment, I wouldn't want to own an entire neighborhood. Good neighbors = more defenders. If you own the entire block, no one will be there to help with defense, especially not if your tenants are just a bunch of ultra-poors.

    • @anthonywright5275
      @anthonywright5275 3 роки тому +3

      @@manictiger And speaking from experience coming from someone who grew up in the hood of Stockton California who now lives in Santa Clara California. I have been through both worlds. I can honestly tell you, a neighborhood full of "ultra poor's" has a greater bond like a family that will kill for one another versus people in these "good neighborhoods" which might call the police for you if your being robbed at gunpoint next door. I have discovered that people with less in life will protect more for what little they and the others around them do have, because sometimes that is all they have.

    • @manictiger
      @manictiger 3 роки тому +4

      ​@@anthonywright5275
      Well you and I had very different experiences. My experience was that ultra-poors will throw you under the bus the first chance they get. They'll literally burglarize your house while you're trying to recover in a mental hospital and they'll leave it in complete shambles, complete with cockroaches and throw up in the toilet. They'll scam you right in front of your face and act like they're you're friend. Nothing is ever their fault and it is always your fault, and they'll prove it by getting you evicted for things you didn't do.
      No idea where the hell you found loyalty in the poor, but I found nothing but treachery and evil. I left that behind when I left that garbage state and I hope they all burn in the fires, and again in hell.

    • @Pokerdude38
      @Pokerdude38 3 роки тому

      And the neighborhood right around the corner

  • @brrberrymerry
    @brrberrymerry 3 роки тому +137

    I wish we could see a breakdown of what expenses come with this so we have the take-home amount

    • @mikalbrown3227
      @mikalbrown3227 2 роки тому +7

      I guarantee you that the profit is only a about 1/3 if not less of that 63k+

    • @iamlegend5373
      @iamlegend5373 2 роки тому +17

      @@mikalbrown3227 20k a month is still phenomenal

    • @randomradzz
      @randomradzz Рік тому +2

      @@mikalbrown3227 i guarantee you that its gonna triple in 10-20-30 years.

  • @Shechatsalot
    @Shechatsalot 5 років тому +1254

    I swear "rich dad poor poor" out here saving people's life. Great book.

    • @GrahamStephan
      @GrahamStephan  5 років тому +88

      🙌🏼

    • @MyLifeInBusiness
      @MyLifeInBusiness 5 років тому +5

      😂

    • @rachels7252
      @rachels7252 4 роки тому +65

      That book completely changed my life. I'm renting out what used to be my primary residence instead of selling my house when I moved. My mortgage is low and my interest rate is really low so I can raise the rent every year or two and increase my profit. So far my tenant is excellent. I'm looking to purchase another home to live in and if I move to a less expensive state, try to rent that second home out. My goal is to make my living doing this and retire early from my full-time job.

    • @mikekirkland2487
      @mikekirkland2487 4 роки тому +3

      Yes, it is a good book

    • @MineSomeCraftPoo
      @MineSomeCraftPoo 4 роки тому +13

      poor poor

  • @UlySambrano
    @UlySambrano 5 років тому +2103

    Don't Rent to A house full of KYLES

  • @thedeegan
    @thedeegan 4 роки тому +1755

    Look... I'm all for saving money... but... there is a point where this becomes a psychological issue.... like... fix the damn glasses....

    • @mexicanwarrior12345
      @mexicanwarrior12345 3 роки тому +28

      Bugging

    • @yo18momas
      @yo18momas 3 роки тому +48

      Fr bro 💀

    • @yomomshouse100
      @yomomshouse100 3 роки тому +25

      He fixed them u reject

    • @magnum3725
      @magnum3725 3 роки тому +25

      Why? Theyre still functional without it

    • @jasinbiggs7189
      @jasinbiggs7189 3 роки тому +84

      If his great grandfather gave him those glasses then it makes sense.
      But if your trying to save a couple bucks then quit being such a cheapskate.

  • @jo69817
    @jo69817 4 роки тому +53

    As someone who lives in NY....these prices make me depressed😭.....230k is a gift lmaoo

    • @alinaswift9514
      @alinaswift9514 3 роки тому +2

      London England is even worse. At least NJ is cheap, London doesn’t even have that

    • @trulyjahir1112
      @trulyjahir1112 3 роки тому +1

      Honestly I met a guy who lived and worked out of New York and in the meantime he was expanding his real estate portfolio within the Texas, Colorado, and Florida markets. He was smart guy, because the market in NY and Cali are outrageously overpriced

    • @thatonekid4857
      @thatonekid4857 3 роки тому

      @Graham Stephan lmao

  • @panzeralienofficial
    @panzeralienofficial 4 роки тому +546

    It's not how many "cool" places you own, that determine your return. It's the amount of tennants. This guy gets it.

  • @oki1985
    @oki1985 5 років тому +78

    l've noticed that people that are actually making moves are very frugal, humble and confident enough to share how to get there. Awesome content as usual!! you guys are pure Alpha!!

  • @nicolenicolle3095
    @nicolenicolle3095 3 роки тому +11

    Amazing! I love hearing stories like this. It's a boost to keep us going. Student renting not our thing but we're at 44 units for seniors in just a few years starting.

  • @toriambrr
    @toriambrr 2 роки тому +1

    this was such a great switch up from the usual how-to videos. love a great vlog, especially on something i’m passionate about pursuing!

  • @michaeleverson3801
    @michaeleverson3801 4 роки тому +5227

    Bro, this dude is a slum lord, lol.

    • @Jeremy-lu3nx
      @Jeremy-lu3nx 4 роки тому +471

      I wouldn't say he's necessarily a slum lord, but he is definitely buying units in the slums and going for the basic and milking it. I understand not adding anything to college rentals but the primary ones should be way better-taken care of on the outside.

    • @dantan1249
      @dantan1249 4 роки тому +69

      haha. his fucking smile.

    • @michaeleverson3801
      @michaeleverson3801 4 роки тому +84

      @@Jeremy-lu3nx Either that or Michael Moore lied to all of us about the Canadian standard of living, lol.

    • @SKRUBL0RD
      @SKRUBL0RD 4 роки тому +533

      And he's making money and a life for himself and helping people with housing while you're eating cheetos in your mom's basement commenting on youtube videos.

    • @SKRUBL0RD
      @SKRUBL0RD 4 роки тому +114

      @Darris Hawks Sorry but what do apartments do for people exactly? Why is the majority of people in this country living in apartments? A lot of millennials are turning towards renting even when they can easily afford a mortgage because they'd rather the property owner take care of the appliances and other fixes. Just because someone doesn't own a house doesn't make them less of a person; except in your twisted opinion. What do you have against the poor and working class?

  • @CanadianRealEstateChannel
    @CanadianRealEstateChannel 5 років тому +598

    Thanks Graham! This was tons of fun! Appreciate taking the time to attend OREC and shoot this video.

    • @GrahamStephan
      @GrahamStephan  5 років тому +17

      You got it!! Thanks for giving the tour!

    • @devinshaw3814
      @devinshaw3814 5 років тому +10

      I've been waiting for this collab 👀👀 Matt is a legend

    • @troypirsich2793
      @troypirsich2793 5 років тому +2

      Great job Matt!

    • @dsinformation6640
      @dsinformation6640 5 років тому +2

      Thanks Matt

    • @mitchpater
      @mitchpater 5 років тому +3

      hahaha your response to the spray paint lol dying

  • @LakotaCat
    @LakotaCat 4 роки тому +1

    Wow. Awesome content. I loved seeing all those properties and hearing about his strategy.

  • @FloridaRealtor333
    @FloridaRealtor333 4 роки тому +1

    These videos give me butterflies and get me excited to keep shopping for more properties! I looove the hunt for new properties.

  • @Ryan-the-Rocketeer
    @Ryan-the-Rocketeer 4 роки тому +1102

    this is basically the board game monopoly IRL...they choose the car, I prefer the silver Dog

    • @RandyDrayton
      @RandyDrayton 4 роки тому +6

      Why that's pure Baltic Ave!

    • @Koushi82
      @Koushi82 4 роки тому +2

      Hey I wanted the dog.
      Dont make me take the shoe I'll kick the dog and run away with it 😛

    • @cymbidiumm
      @cymbidiumm 3 роки тому +3

      I'll just take the hat cause I'm a fancy fella 😌

    • @johnsxn661
      @johnsxn661 3 роки тому +1

      Na it's always the car

    • @TheRealTrucido
      @TheRealTrucido 3 роки тому

      Which is why he recommended Rich Dad Poor Dad. Thats what the guy (billionaire?) learned from his rich dad vs his poor dad. Poor dad was a Ph.D who never did anything but be an employee. Rich dad was an entrepreneur who stacked properties and eventually sold a hotel in Hawaii for $1B.

  • @ashishsahota4751
    @ashishsahota4751 4 роки тому +1307

    I mean he is counting the revenue, not telling the actual profit. He should be telling the expenses too like bills, repairs...etc.

    • @salvadorlopez527
      @salvadorlopez527 4 роки тому +205

      pretty sure he still comes out good

    • @legalizemiami9282
      @legalizemiami9282 4 роки тому +25

      Agreed, ive seen a lot that people spill the sauce, but not all of it.
      (Sauce = how much, profit, how to) etc

    • @Xray447reviews
      @Xray447reviews 4 роки тому +102

      Aw yea and he better show us how he sits on the toilet and brushes his teeth, show me the technique. Be thankful for what you get.

    • @kirisutegomen12
      @kirisutegomen12 4 роки тому +71

      That's what all these people on UA-cam do. Talk about the rent they get from properties, never about the expenses

    • @Rugbystu14
      @Rugbystu14 4 роки тому +45

      Even if he makes a 20% profit, that's way more than what people make a month.

  • @geraldfoster5380
    @geraldfoster5380 4 роки тому +1

    one of my favorite videos, had to go back and watch it again for the 3rd time.

  • @Dragoon710
    @Dragoon710 4 роки тому +5

    London, Ontario, Canada. You know how people say "I'm going to town" well this is where I go when I say that. Weird seeing videos about people near me.

  • @user-lt7hv4uj9r
    @user-lt7hv4uj9r 5 років тому +204

    2:34
    Graham: “Why?”
    Matt: “Because they’re students.”
    Most honest statement I’ve heard.
    Someone give this man an award! 👏🏻

    • @GrahamStephan
      @GrahamStephan  5 років тому +8

      hahaha

    • @gypsypath1
      @gypsypath1 4 роки тому +1

      His answer should’ve been, “Because they’re assholes.”

  • @BrodeySheppard
    @BrodeySheppard 5 років тому +2352

    "Punched a hole in the wall so they could see people in the toilet" - Something tells me you grew up in a very different demographic. This is what you call a glory hole. It's not for eyes.

  • @JIYkp
    @JIYkp 4 роки тому +34

    Wow, contact, beard, and haircut made a huge difference.

  • @anthonyespiritu09
    @anthonyespiritu09 4 роки тому

    Very chill guy. He handles himself & situations very well.

  • @kazghost
    @kazghost 4 роки тому +198

    Damn, this dude has got to stop renting to Kyle.

    • @JC-qq9sw
      @JC-qq9sw 3 роки тому +1

      Kyles parents have the money to pay rent tho

    • @soaringflame9380
      @soaringflame9380 3 роки тому +6

      Is a Kyle a canadian Chad?

  • @version3155
    @version3155 4 роки тому +504

    Proof you can get rich whether your tall or short ;)

    • @billyboy7379
      @billyboy7379 4 роки тому +9

      Underrated comment😂😂

    • @zipinha
      @zipinha 4 роки тому +15

      Such a great analysis of this video!

    • @NoneNotNone
      @NoneNotNone 3 роки тому +6

      Cringe at this comment

    • @johne.chalco4134
      @johne.chalco4134 3 роки тому

      @@jonasrominger3065 how

    • @hamaaddin5448
      @hamaaddin5448 3 роки тому

      @@jonasrominger3065 is this real or fake

  • @leahv5892
    @leahv5892 4 роки тому +179

    I dont think he’s a slumlord. He makes repairs and has cleaners come in. He knows the homes are older and the neighborhood is different.

    • @blitzy3244
      @blitzy3244 4 роки тому +1

      Geoffrey Mosher xD

    • @hihiz432
      @hihiz432 4 роки тому +22

      Geoffrey Mosher ?? You do realize there needs to be places for poor people and college students to stay. The more he fixes it up, higher the rent. In a way, that would be gentrification.

    • @hihiz432
      @hihiz432 3 роки тому +1

      Antoine Carey not a slumlord. The place has everything it needs. It doesn’t have to be a mansion and if it was, that would be wrong. That’s what I was saying.

    • @Wildlife_Chronicles
      @Wildlife_Chronicles 3 роки тому

      @Antoine Carey Grow up 👨‍🦳

    • @BriasRocks
      @BriasRocks 3 роки тому

      @@Wildlife_Chronicles facts

  • @abrahamzekios9944
    @abrahamzekios9944 4 роки тому

    I enjoyed this video a lot thanks so much for your knowledge. It seems interesting I keep watching again. Thanks.

  • @LilSnooze
    @LilSnooze 5 років тому +38

    Met with Matt on multiple occasions, he is such a strategic and focused individual. Such an inspiration to be around, he's the real deal no doubt about it.

  • @reijohnny1743
    @reijohnny1743 4 роки тому +297

    He’s even renting out the shed 😂

    • @GrahamStephan
      @GrahamStephan  4 роки тому +25

      😜

    • @lakecityransom
      @lakecityransom 4 роки тому +5

      Looks like an Amish phone house rofl

    • @mirekchance
      @mirekchance 3 роки тому

      Shed can bring in just as much as room if u find the right tenant..

  • @ahmedramic5181
    @ahmedramic5181 3 роки тому +9

    Love seeing the hustle! I’m also a full time accountant rn and I’m trying to buy my first real estate investment this summer for my 24th bday. But I hope everyone keeps learning and eventually we’ll all be well off before retirement!

  • @emilynchang147
    @emilynchang147 3 роки тому +1

    Thank you! So inspirational☺️

  • @MatrixServicesLLC
    @MatrixServicesLLC 5 років тому +38

    Graham, more of this! Would love a channel that traveled around interviewing real estate investors like myself, and hear their stories.

  • @phillipm3799
    @phillipm3799 5 років тому +903

    Looks like the Detroit of Canada

    • @younginspiration1
      @younginspiration1 5 років тому +35

      Phillip Messer that’s... pretty much what it is

    • @FaithandNova
      @FaithandNova 5 років тому +5

      Seriously

    • @Wildboy789789
      @Wildboy789789 4 роки тому +24

      U can probably see Detroit from here, they r right next to eachother

    • @PirateDion
      @PirateDion 4 роки тому +9

      Is this like Sarah Palin seeing Russia, because it's easily an hour or two away from the border.

    • @squallleonhart4268
      @squallleonhart4268 4 роки тому +5

      These are way nicer than Detroit drive by 7 mile 😂

  • @_-bd-_
    @_-bd-_ 3 роки тому

    These vids are great where you go to and interview others... In a fun way! Keep doing these!

  • @cesardiaz7078
    @cesardiaz7078 3 роки тому

    great content keep going. love the stories and knowledge.

  • @digvijaychangkakoti1993
    @digvijaychangkakoti1993 5 років тому +5

    That's so raw! Love u man and also have u ever experienced dealing with a rent stabilised/controlled tenant!!

  • @vedangg
    @vedangg 5 років тому +886

    Used to work as accountant
    Also: 3 bedrooms at 500 individually whatever it adds up to, you guys do the math

    • @HealingThroughInspiration
      @HealingThroughInspiration 5 років тому +1

      xDDDDD

    • @masonfree7185
      @masonfree7185 5 років тому +98

      It was 6 bedrooms at 550, and he said 3300

    • @the_endling
      @the_endling 5 років тому +12

      Yeah.. I was a little worried about his maths.. Is like if a literature major tells you "you do the shakespearing.."

    • @taranbarber5075
      @taranbarber5075 5 років тому +22

      Now you know why he quit lol

    • @FaithandNova
      @FaithandNova 5 років тому

      @@taranbarber5075 I see 😂😂😂

  • @stephaniecastillo4226
    @stephaniecastillo4226 3 роки тому

    Thank you for the advise . I'm texting a lot with Launch Control. Always looking for fresh ideas.

  • @cmukupo1606
    @cmukupo1606 4 роки тому

    i subbed because your channel adds value to me. Thank you for the content

  • @bobsilver3983
    @bobsilver3983 5 років тому +9

    I live in Minnesota....dirt cheap living...I'm 50 and my country home and property have been paid off for 4 years. Now, I'm investing in physical silver!

    • @72swesomedude
      @72swesomedude 4 роки тому +1

      Yea, i here theres a lot of werewolves in Minnesota

    • @cvspvr
      @cvspvr 4 роки тому

      @@72swesomedude that's why it's so cheap. it's not safe

  • @jomardiaz78
    @jomardiaz78 5 років тому +4

    I think this video did it for me. That’s it, I’m definitely gonna start looking at a properties tonight and try to start taking action. I will purchase rich dad poor dad! Nothing but positivity!!!!

  • @Jorgemoves
    @Jorgemoves 4 роки тому +1

    Good video my man, Definitely deserved a like and for me to subscribe. Ur doing great things

  • @ArupBhanja
    @ArupBhanja 3 роки тому

    What a timing as I was wondering how to learn about real estate investment I stumbled upon your channel and also meet Kevin channel as well.

  • @GoodSamaritan1972
    @GoodSamaritan1972 4 роки тому +1003

    He should rent the house to foreign asian students....dude ...they are so full of money....and they also kinda take care of your real estate pretty decently

    • @kirisutegomen12
      @kirisutegomen12 4 роки тому +139

      He owns dumps. Nobody wants to live there

    • @user-dn2qt2hw4x
      @user-dn2qt2hw4x 4 роки тому +175

      They tend to live in luxury apartments near campus and room up with others just like them.

    • @blitzy3244
      @blitzy3244 4 роки тому +109

      Doubt foreign Asian students would live in that shithole. I go to UCSD and the Chinese kids drive the sickest cars, there’s no way they aren’t living in middle to high end apartments. This guy looks like he’s renting in Compton.

    • @duallylicensed145
      @duallylicensed145 4 роки тому +10

      First and last, that's illegal. Thank me later

    • @g-rexsaurus794
      @g-rexsaurus794 4 роки тому +1

      @@duallylicensed145 I'm not sure how you can prevent that if you are allowed to personally interview people

  • @protectork9831
    @protectork9831 5 років тому +180

    All those asking what's is cash flow after all said and done , remember all the properties are going up in value and after 30 years he will have ton of money for retirement

    • @Longhorn_Legend
      @Longhorn_Legend 4 роки тому +9

      No guarantee that properties will go up in value, just look at a place like Detroit. I want a good return on my investment and 3-5% on a house is a total joke when you can dump that cash into the stock market and get a better return for an average portfolio.

    • @macbr9
      @macbr9 4 роки тому +10

      @@Longhorn_Legend It's 3-5% on the WHOLE BUILDING. You are only putting 20% of your own money in. Which means the appreciation return is on a 5X multiple due to leverage. For example, if a $100k house appreciates 3%, you make $3,000 even tho you only put in $20k.

    • @unknowndriver6652
      @unknowndriver6652 4 роки тому +1

      Ask him now how is he doing with a massive houde market coming ...

    • @admonkako
      @admonkako 4 роки тому +1

      @@Longhorn_Legend all these houses he showed have tripled in price canada is getting crazy expensive

    • @Luigi-mh1zh
      @Luigi-mh1zh 4 роки тому

      Brendan Mace if you put only the 20% all the rent income is to pay the 80%, then after 15/20 or maybe 30 year you have your propriety full paid. But in this process you have a ton of expenses like propriety taxes renovation costs and unexpected costs. And then you will not know if your propriety will be worth +2%/yr matching with inflation. Put the case you have 1 milion, you could buy 4 house for 250k and rent it out at 50k/yr or you could put 1 milion as a down payment of 20% for 20 propriety and rent it out at 250k/yr, but all this money are needed to pay the 4.000.000 loan, it will need 16 years to reach 4 milion not including all other expenses so after 25yr maybe you will have all propriety paid and hoping to sell all of them at 5.000.000 milion+2%/yr. of course using lever bring you more profit but also more loses,
      if the market depreciates you will not be able to pay out your loans and all the propriety will be for closure.

  • @XIconic
    @XIconic 4 роки тому

    Talked to Matt in person just last week, big fan of his work. Been a long time fan of Graham too. We need more collabs between these two.

  • @marcusclouthier4587
    @marcusclouthier4587 Рік тому +3

    I Appreciate you brother, such a inspiration for me to become a great and successful investor who is motivated to reach my full potential

  • @rhenanichan
    @rhenanichan 5 років тому +9

    Graham, I loved this video, you took a good trip to Canada and asked good questions to this guy, again good video!

  • @HaydeeNunez
    @HaydeeNunez 4 роки тому +3

    Great video!!! And Matt just kept so real. I only ever rented a single family home, and I was so frustrated when they left the property in bad condition. However, this video makes me feel better about it since it seems to be a common occurrence with tenants 🤷🏻‍♀️

  • @megannyabawa3369
    @megannyabawa3369 2 роки тому

    Thanks Graham! This guy is living my dream and I’ll definitely make it too. This is so inspiring

  • @quynhhodiepnhu1701
    @quynhhodiepnhu1701 4 роки тому +1

    Much appreciated for the helpful video.

  • @manasgupta8908
    @manasgupta8908 5 років тому +40

    Graham lets go meet this guy with 102 Tentants
    Landlord: Finds out all the property damage

  • @JoshPalerLin
    @JoshPalerLin 5 років тому +114

    Gotta love how graham plus the LIKE button every time 😂😂

  • @connorbell5340
    @connorbell5340 4 роки тому

    Holy cow. Someone in my home town doing something. Good for him!

  • @saud4696
    @saud4696 2 роки тому +1

    Graham you do not need to ask for the like button, the content and quality of your videos itself makes me click the like button. I have learnt a lot from you, keep up the work mate.

  • @michellegregory1717
    @michellegregory1717 4 роки тому +302

    Graham is literally the only UA-camr I listen to when he tells me to "smash that like button"

  • @DanielIles
    @DanielIles 5 років тому +15

    Matt is such an awesome guy. He is always posting on really interesting topics too. No clue why he isn’t bigger on UA-cam! Hope more people find him!

    • @GrahamStephan
      @GrahamStephan  5 років тому +4

      Agreed, he's definitely such a good source of info on real estate!

    • @CanadianRealEstateChannel
      @CanadianRealEstateChannel 5 років тому +7

      Thanks for the support! The last time Graham featured me I had a massive boost - and I think that was before he was at 100K. (Any lurkers reading this - I'd love a sub

  • @ABlive19
    @ABlive19 9 місяців тому

    thanks for this great video very inspiring..

  • @mehmoodsani6875
    @mehmoodsani6875 3 роки тому +56

    Can u interview him again in respect to how he dealt with pandemic issues

    • @factsabulousdexter2646
      @factsabulousdexter2646 3 роки тому +1

      Stimulus check payment by tenants for sure .

    • @ceal4046
      @ceal4046 3 роки тому +6

      Especially seeing as those renting in low income neighbourhoods are going to be the hardest hit, also, Airbnb demand has almost collapsed and now students who have to do their courses online are realising they don't need to spend money on accommodation near campus

    • @yahsiah777
      @yahsiah777 3 роки тому

      @@ceal4046 that's right

  • @truthserum3231
    @truthserum3231 4 роки тому +506

    Gross income doesn't mean sh*t. Net figures or nothing!

    • @albertospizza20
      @albertospizza20 4 роки тому +68

      Not necessarily because it means they are either paying into mortgage faster , could use money to get more properties etc for years amazon had 0 net profit bc they reinvested to grow there company

    • @TheOfficialEDC
      @TheOfficialEDC 4 роки тому +52

      This guy could have set up a corporation and potentially write off a bunch of things, like mortgage interest, etc. Then retained earnings back into the corporation for re-investment. With so many things written off, taxable income could be quite low.

    • @dantan1249
      @dantan1249 4 роки тому +20

      @@albertospizza20 it matters in terms of not having to work a 9-5 though which is the goal

    • @albertospizza20
      @albertospizza20 4 роки тому +1

      dan tan what do you mean thatvis totally irrelevant to the original comment

    • @dantan1249
      @dantan1249 4 роки тому +24

      @@albertospizza20 no. the gross doesnt take into account the expenses so you dont know how much you would have to reinvest and live off of. the goal of these housing units is to pay down your mortgages and have a positive cash flow. presumably for financial freedom and not work a 9-5. its not just about having a high net worth. its about lifestyle as well. thats what i meant.

  • @RaRFtv
    @RaRFtv 5 років тому +4

    I discovered your channel this week, I'm about to finish all the videos on your channel, you became my favorite professional UA-camr
    Thanks for all the advice and inspiration, I wish we could replicate all your practices here in Mexico.

    • @GrahamStephan
      @GrahamStephan  5 років тому +1

      So happy you enjoy it all!

    • @jgtv6269
      @jgtv6269 5 років тому

      🇲🇽🇲🇽😀

  • @nidulamaknidulamak4214
    @nidulamaknidulamak4214 4 роки тому +1

    insightful, interesting, enlightening and only 16 min long. Subscribed.

  • @jakenewman6133
    @jakenewman6133 4 роки тому

    Found your channel from the jubilee video. Love the content you're providing and hope to learn a lot!

  • @thomashill5255
    @thomashill5255 5 років тому +6

    Matt and his channel are awesome! You guys together make for excellent content! Many thanks from NB Canada!

  • @MikeRosehart
    @MikeRosehart 5 років тому +29

    London represent! Nice follow-up video on Matt. Love the follow-up videos - great to see the Canadian presence on the channel :)

  • @joejia1410
    @joejia1410 4 роки тому +46

    Real estate videos: *exists
    Etoro ads: It's free real estate, literally

  • @ababel4693
    @ababel4693 4 роки тому +1

    Could u pls make more videos like this, this is really inspiring

  • @ShouldBeSleep
    @ShouldBeSleep 5 років тому +10

    Love when my favorite motivational UA-camrs know each other and link up like this! So dope!

  • @amolgill7480
    @amolgill7480 5 років тому +4

    I appreciate this video Graham. Also thank Matt for making this video. It really helps me and other investors.

  • @zahky7819
    @zahky7819 3 роки тому +25

    I'm 14 and just finished rich dad poor dad and I already feel way smarter financially, looking to go into real estate when im older

    • @Od1nsBeard
      @Od1nsBeard 3 роки тому +5

      same here good luck to you! look into investing as well

    • @justinhatfield2418
      @justinhatfield2418 3 роки тому

      Good for you, rental property ownership is one of the best ways to establish financial freedom

    • @jackrichardson5009
      @jackrichardson5009 3 роки тому

      You're a smart 14 year old, way ahead of the curve for your age. I wish i read rich dad poor dad at 14, it took me until i was 24 to realise the power of that book.

    • @christianguerrero843
      @christianguerrero843 3 роки тому

      @@jackrichardson5009 I’m 16 and I really wanna read it

    • @jackrichardson5009
      @jackrichardson5009 3 роки тому

      @@christianguerrero843 Download audible and use your free token to get it for free then cancel the subscription before 30 days and you won’t pay a penny for it.

  • @randomfriction7231
    @randomfriction7231 4 роки тому +121

    "Graffiti remover," you can find it at a paint store.
    It will take that spray paint off, no problem.

    • @seneca983
      @seneca983 4 роки тому +1

      Even from a porous surface?

    • @cathyandtheboys6984
      @cathyandtheboys6984 4 роки тому +5

      @@seneca983 No, on a brick wall like that it is very hard to remove

    • @mrcrazybadaze
      @mrcrazybadaze 3 роки тому +4

      @@cathyandtheboys6984 I do property maintenance, have to fix this a lot. Soak it in graffiti remover and pressure wash it off. Usually takes a few tries but its relatively easy.

  • @truthseeker1189
    @truthseeker1189 5 років тому +392

    This dude needs a management company for his properties

    • @travisparker3552
      @travisparker3552 5 років тому +13

      truth seeker management companies save asses

    • @Longhorn_Legend
      @Longhorn_Legend 4 роки тому +37

      Did you watch the video? He said he does

    • @zachb9965
      @zachb9965 4 роки тому +12

      most management companies are scammers

    • @JonasTStefansson
      @JonasTStefansson 4 роки тому +3

      @Cropper He has a team. Team leaders often refer to the team instead of themselves.

    • @webbit1518
      @webbit1518 4 роки тому +4

      many young landlords with a good heart and intentions try to do the right thing morally when they first start out,but as the years pass...money and power eventually win the day. property management and renting is truly the worst industry mankind has ever created...Money is the root of all evil especially in property ownership and renting. because you can never have enough as you grow your business on the backs of poor wage earners and the masses.

  • @lt7341
    @lt7341 5 років тому +27

    Hey dad! Jokes aside, you have really helped me on my way to becoming wealthy, you are really engaging with your audience too! Keep it up Graham :)

  • @melaninamedia
    @melaninamedia 4 роки тому +1

    Thanks Graham for sharing great motivational video!

  • @JohnSmith9386
    @JohnSmith9386 4 роки тому

    thanks for the advice fellas

  • @self-madeentrepreneurshipc8862
    @self-madeentrepreneurshipc8862 5 років тому +5

    Matt Mackeever is definitely one of the best real estate channels out their! loaded with a lot of gold nuggets and gems. Great vid Graham

  • @renegadezen7841
    @renegadezen7841 5 років тому +5

    No freakin way another Matt McKeever collab! The first vid you two did was how/why i subbed to both of you. Been watching you both ever since

    • @GrahamStephan
      @GrahamStephan  5 років тому

      ah thank so much!! yeah gotta do more like this!

    • @renegadezen7841
      @renegadezen7841 5 років тому +1

      @@GrahamStephan and we have to have an update video on the black spray paint

  • @BenLovro
    @BenLovro 4 роки тому +3

    🚨🚨🚨 Love the value-driven content man! It's funny how the lower end properties end up being CASH COWS with the right management in place. The key is seeing a different side than everyone else and adding value where others cannot.

  • @DennisPing
    @DennisPing 4 роки тому +1371

    This guy is probably taking 100% of security deposits. LOL

    • @LakotaCat
      @LakotaCat 4 роки тому +223

      And even then, it probably doesn't cover the damage those students are doing. Such self-entitled behavior.

    • @SpencerGatten
      @SpencerGatten 4 роки тому +114

      Unfortunately in Ontario Canada where this is from we aren’t allowed to charge security deposits. However you can ask for money for damages but it would be done in a civil court.

    • @n8guy
      @n8guy 4 роки тому +60

      @@SpencerGatten no way! That's insane.

    • @SpencerGatten
      @SpencerGatten 4 роки тому +53

      @@n8guy Yes it can make things quite difficult sometimes. Ontario has laws that heavily favour the tenants.

    • @hellocandy1152
      @hellocandy1152 4 роки тому +21

      Holes in the wall r not expensive. The real costs toa homemaintenace r plumbing roofing and heating.
      Much of the other stuff u can an old guy with basic handyman skills.

  • @gregsomebody7247
    @gregsomebody7247 5 років тому +55

    Being a good friend involves loyalty, trust, camaraderie and, most importantly, smashing the like button on every Graham Stephan videos.

  • @davidn.waldropcfp2260
    @davidn.waldropcfp2260 5 років тому +179

    Dilemma - When you’re out of avocado toast and Graham is about to drop some wealth building wisdom.

    • @GrahamStephan
      @GrahamStephan  5 років тому +16

      Tough one. I'd pick avocado toast.

    • @davidn.waldropcfp2260
      @davidn.waldropcfp2260 5 років тому

      @@GrahamStephan Decisions...decisions.

    • @davidn.waldropcfp2260
      @davidn.waldropcfp2260 5 років тому +1

      @@JeffWybo I guess I could hit pause. Rather smash the "like" button.

    • @davidn.waldropcfp2260
      @davidn.waldropcfp2260 5 років тому

      @@JeffWybo Checked out your channel and just sub'd. Hopefully you can give mine a look and sub too.

    • @zerogravity183
      @zerogravity183 5 років тому

      David N. Waldrop, CFP® your white

  • @natureyajonathan3135
    @natureyajonathan3135 4 роки тому

    This is awesome man

  • @joonmoon7535
    @joonmoon7535 3 роки тому +2

    Wow truly motivating and in brief👍👍👍👍👍👍👍👍👍dude most of the rich people don't tell their secrets but hatsoff to this guy👒

  • @luisarroyo684
    @luisarroyo684 5 років тому +6

    YESSS PART 2
    LOVE YOUR CONTENT

  • @NightStorytell
    @NightStorytell 5 років тому +47

    His net income around 4-15% from gross revenue after all monthly expenses/repair/vacancy.
    His risks are interest rate increase, irregular repair (damaged property), clogged sewage, pest control (bedbugs/roaches/rats/etc), pipe burst, late payment 10%, default payments 2% rate, occupancy rate 60-80%, squatter, burglary (stealing copper pipe).
    If you ever wonder why there is hyperinflation and lack of supply, this is why.

    • @swatisquantum
      @swatisquantum 5 років тому +7

      You should be researching banks and their 10% deposit requirements. It’s the bank lending that drive prices up. Banks lend, which drives higher real estate prices ... more debt chasing assets. Hes betting 30-60% depending on the unit. At the end of the day tenants pay for everything. Best investment if you know finance and run good property management.

  • @shivambhushan9028
    @shivambhushan9028 3 роки тому

    thank you so much, your channel really helps me understand how money is really made even though I live in India and the economies are different

  • @shantelfelice
    @shantelfelice 2 роки тому

    Graham made me sign up for my real estate classes this year ! Thank you for your videos that made me ambitious for real estate and entering it as a woman. Hopefully, this year I could teach women the same tactics.

  • @nickbabin1511
    @nickbabin1511 5 років тому +12

    This was a great video!! Definite take away for anyone watching is the part about taking action. There needs to come a point when you start applying all of this knowledge, rather than just learning it! Make it now! 🥑🍞

    • @GrahamStephan
      @GrahamStephan  5 років тому +1

      agreed!

    • @CanadianRealEstateChannel
      @CanadianRealEstateChannel 5 років тому +2

      Analysis paralysis is a stage a lot of investor get stuck in for years. One of my biggest suggestions to those that find themselves there is - go out networking and start meeting people IRL that are doing what you want to do. Surround yourself with those people.

  • @howconsistentlyprofitablei9672
    @howconsistentlyprofitablei9672 5 років тому +11

    Great video! as always useful information...

  • @Jay-go3il
    @Jay-go3il 2 роки тому

    Very informational

  • @laurenzenk369
    @laurenzenk369 3 роки тому

    Love videos like this!!!!

  • @anthonymejia835
    @anthonymejia835 5 років тому +4

    I want to get into realestate once I turn 18 you are my inspiration Graham and I hit the like button!

  • @Kloutkulture
    @Kloutkulture 5 років тому +452

    Hey Graham what is his positive cash flow though after the mortgages?

    • @Kloutkulture
      @Kloutkulture 5 років тому +68

      Shanghai knight Clearly more than enough...I mean Graham makes livable money off only 6 properties. But I am still curious what his net positive cash flow is

    • @iiAR35ii
      @iiAR35ii 5 років тому +39

      @Shanghai knight So he makes 65k and has two employees... but he makes 100k. Did you fail math in the 2nd grade?

    • @sooner1125
      @sooner1125 5 років тому +4

      Bump. What is the net cash flow?

    • @shinobiwannabe
      @shinobiwannabe 5 років тому +63

      @@iiAR35ii 65k is monthly

    • @ShanonField
      @ShanonField 5 років тому +28

      seems lile avg circa 200k some are 125 some are 250 300k so 14x200 = 2.8m cost and corca 720k a yr in rent = 25% .. avg mortgage rates virca 3% or 6% if you include insurance + other costs so a sold 20% profit or 400k ish a yr in profit off just rents

  • @prayunceasingly2029
    @prayunceasingly2029 4 роки тому +18

    Damage deposits not being returned to a LOT of tenants in properties in this video.

  • @namita9031
    @namita9031 2 роки тому

    great video plz talk abt the obstacles as well its not as rosy as it seems like anything else im curious as to wat rights do landlords have compared to tenants wen they become difficult and dont comply please