Here's the second update from the remodeling process, 10 days in. Two unavoidable setbacks that every project experiences...it always takes longer than expected, and it's more money than expected. But it's still coming along nicely... Enjoy! Add me on Snapchat / Instagram: GPStephan
For business inquiries, you can reach me at GrahamStephanBusiness @gmail.com
Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq
For business inquiries, you can reach me at GrahamStephanBusiness @gmail.com
Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq
nice playlist , great content
How did you pay for your remodels when you first started and didn't have much money ?
“SunCor Financial MPI review"
When I was doing real estate in Israel I was taught that always take into consideration 30% more on expenses and 30% more on time. Now if you managed with less good but at least you were prepared.
you got all that done within 10 days? thats awesome. you must have some awesome contractors. when I started a remodel project for a SMALL BATHROOM… it took them 2 months and then they just stopped returning because they decided it wasn't a big enough job (even though they knew that before accepting the job) so now we need to pay someone else to finish
Nice video!
Exciting to see your progress! Cheers
Did you learn how do repairs on the job or did you have some previous knowledge ? How long did it take you to learn how to do most of the repairs yourself? Any suggestions on how to learn to do these repairs yourself ?
Is there a finished video coming out?
I am new to your channel. I subscribed. Do you flip properties or do you fix them up and rent them out ?? What city are you in ????
Nice!
Bet its tons of fun.
Wow. I like! You literally get to make it as comfortable as you want it. Do everything now. Smart man.
Thanks! I want to flip houses in the near future and your videos are helping me out a lot thank you for taking the time out of your busy schedule to share .
I appreciate your honesty about the project. Great work, keep it up
Hey bud, look into fujitsu mini splits. They will build the air handler to fit the application such as a skinny closet. There are other brand names too. They also have vrf units with one condenser and multiple indoor cassettes that fit in attic. Im sure you know what im talking about if you have been around commercial properties lately. You will reap the same benefits of low energy cost as the mini splits in this house you have.
Also I think your idea of having the trees and the arch in the front of the house is a great idea. But the fence, kinda think it won't go or devalue it or even look like other homes. Be unique. Just food for though.. 🙂
Graham, love your videos, but your kinda contradicted yourself here. If you flip the house in the best way possible as soon as possible, you making out better than holding it in the short term.
1. If you hold it you have to cover the cost of monthly mortgage.
2. Electricity
3. Heat & A/C
4. Yearly Taxes
5. Tenants NOT PAYING YOU!!! BIG ONE
6. Lawyer fees.
7. Time lost not renting and making income monthly.
8. Cost of maintenance fixing things that break or are broken.
9. Sewer monthly or yearly payments for removal of yes !@#$
10. Always being a landlord. Having to deal with people all the time vers in out.
11. Finding good workers to do the work for you
12. Natural paying them for their services.
But if you want to take on the responsibility of being a landlord. Make sure you check on the people renting the property credit history and good people and maybe just maybe your residual income will be worth it in the long run.
Still great job on videos keep up the great work.
Great to see the update. Houses always take lots of money.
Damn man, I remember finding you when you had under 10k subs, man you've boomed congrats man!
I love these updates!
Do you actually have the time to get your hands on yourself or do you have everything done by carpenters?
Really loving this series, it's amazing to see all the work that goes on during a renovation. Would appreciate more info regarding how you finance these renovations. You are one of the few people I actually am subscribed too! Great job!
This is what makes your channel such great quality to watch my friend, you are actually showing what you are doing and how you do it. Major difference from the other channels. Makes you not want to listen to them anymore lol
From your experiences remodeling & owning in LA area which cities would you say to avoid or can be more challenging w permits inspections etc. time is $$.
Great video man! Really like seeing the behind the scenes work in process.
How much will it cost you
Not sure if you ever mentioned this but curious on how you get tenants, how you manage your properties ( collect rent, maintenance, etc) and any tenant horror stories?
What do you expect the house price to annual rent ratio to be (including the remodeling costs)?
Looks great mate! Funny when people say I'm going to renovate my house, and years go by and nothing gets done. You've made so much progress in these past weeks, good on ya! Looking forward to the next video 😀
wow dude I've subscribed to you when you had 2K subscribers and that was like few months ago! Good job! Proof that your content is on point !!
The background music makes the video look so fancy!!!
Do you visit your properties every one in a while to make sure they're not destroyed or they're doing something they're not supposed to? If so, how often? Also, do you make sure you have a fixed amount of money to cover for any rent when your tenants move out, or do you always take out a portion of your rent money regardless of how much you already have in your bank account? For example, do you save up $40,000 for any repairs/mortgage cost while tenants are out, or do you keep adding to one bank account no matter how much is in it everytime you receive tenant rent. (confusing question sorry)