Real Estate, Property & Homes
Hi thank you for your videos. What do you think about renting out mobile homes for cash flow?
LOL Where are you finding homes that cheap? Detroit? In my area you will only find houses that cheap in the highest crime areas. Generally I have to look for properties between 100-160k.
What scope of work are you doing for $20k to $25k?
Im in the process of buying a triplex. Any suggestions on what i should do to update the apartments? Just wondering what i can do to help keep the properties rented out.
Hi I'm looking to invest in rental properties later this year and my sweet spot was $40,000-$60,000 now should my total add to that or should that be before renovation?
Mr. Morris, I love your show and if I ever go the turnkey route I will definitely contact you. I am a newbie investor and was wondering the following question. I would like to know how do I go about financing a rehab? If I purchase with a mortgage, do I buy low enough to pay for the rehab cost from mortgage/loan?, do I find a private lender?… Thanks for your help.
Hi, great videos and channel. What is your opinion on purchasing foreclosures?
I am in north NJ, do you recommend an area to,invest in? Do you wholesale?
Hi Clayton, When you say all in cost are you referring to the cost to buy and the rehab cost or just cost to buy ? Thank you.
would you use contractors or inspectors before buying the house to see how much repairs are needed
The $60k figure seems to be a solid number for single family homes, but what about town or roe homes that are converted into apartment units?
Are you including the contractors profit? Or their bill is a separarte one
Do you have any before and after videos? Also, do you have videos on raising capital?
Good stuff, thank you definitely recommend this.
I like the video however I need clarification .so is 20k the total cost just for the cosmetic portion after you have done the major repairs such as water heater roof plumbing electrical furnace etc? Or is it just 20k for everything…also I live in southern California where the cost of properties are really expensive. Do you recommend going to the lower income neighborhoods to purchase properties that are complete guy jobs and vacant to keep the upfront cost low or buying in lower income neighborhoods period but need minor work. Sorry for the questions I'm new and starting out….
Thanks again. I appreciate the details. It's what I need.
What part of the developing world does he live in that a whole house costs $25,000 US dollars?
6 months for a flip? You are not building the house from scratch. I did a few flips and it takes 1 to 2 months max.
Helpful as always, keep it up!
Hi Morris! I would love to know what price to expect in Indiana to replace old knob and tube wires with new ones and old plumbing with Pex plumbing.Thank you!!
real-estate = MONEY™
Can you rehab inside only fire damage?
What areas are you investing in Clayton? And what does a C neighborhood look like for you?
How do you deal with older homes that might contain lead paint and or asbestos? These can both be very expensive to remove.
Would the rehab be the same if I was refinancing to pay off hard money?
you can buy houses for 12-20k in the neighborhood where rent is 700$? everything is possible in the usa :))
Great stuff. I love this channel.
Agree 100%, I like to keep my budget around 15k. Ikea kitchen's subway tile for bathrooms, and clearance flooring.
What do you think of the 3D printing homes
Thanks for your channel! I’ve been watching non-stop. Similar to your strategy, we’ve been purchasing $20k-$30k 100 year old homes in Louisville and typically replacing everything. Long term buy/hold. My question is, how do you keep your renovation costs to $20k-$25k? In my experiences fully replacing plumbing runs $5-6k, electrical $5-6k, insulation $2k, doors/windows $1-3k, framing/drywall/paint/trim $7-8k, flooring $1-3k, HVAC $3-7k, roof/gutters $5k, landscaping, etc.? That’s with me acting as the GC and performing some of the work. Do you have your own subs?
Thank you for your videos, man. They're great!
What about a milti-family property where I plan to live in? Properties in Chicago are quite pricey.
If I buy a house for 40k including repairs ,how much rent I can expect after management percentage?
Where do you usually get houses worth 20k. Off market or MLS ?
Nice call to action with the subscribe button ad
This isn't exactly real estate related, but I really appreciate your pronunciation of words. Thank you
It's a major reason why I watch your videos.
I don't subscribe – but I watch
Thank you for your guidance sir. Do you recommend using a real estate agent to find these deals or should I look for the deals myself ? I’m in the south Florida area. Thanks
If equity is not important to you but cash flow is, what do you think of investing in mobile homes on private land, not in parks?
Thinks so much I’m so glad there is people out there to help you thank you every one of your videos I click on is so useful
Excellent advice…it confirms what my take on the issue is. Such as the Rental is to be used for Passive Income. My partner, has missed the boat on that aspect. Also, my partner wants to buy a House with the prospects it will gain equity down the road, however, we would have to purchase in a higher income bracket area, which means paying more for the property. Whats your take on this? Buying a New Construction Home, renting it out with hopes it will increase in value??? Thx
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