Hold up, I'm only 47, and I've got mentors been in the game for 10 years longer than me, BUT, I'll take that. I never thought I'd be the big homie. It just kinda happened after 19 years of this messy business. I appreciate your support.
I’m only halfway through the video and I just had to pause it just to write this comment. This video is gold. All the other videos are always about how to buy your first place this and that this is actually the best video I’ve seen in a long time. I’m currently in my third year of being a landlord and purchasing my third multifamily right now. So there’s a lot of tips and tricks in here.
Hold up, what are "they" laughing at".. It pains me when I see peeps taking action, while others sit on the sidelines scared to pull the trigger. Just stay in the market and you'll win. Time IN the market is the secret.. 👉Make sure you join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: aw8d9fb.aweb.page/p/6cca7548-b8c4-4a7e-a6b6-9cdc9b706c48
Don’t listen to the noise from others. Keep watching Kris and others like him. Listen to podcast. Read landlord books. Arming yourself with knowledge and educating yourself about real estate will not allow you to fail. Start figuring now how you’re going to buy property number two. Good luck and wish you the best success.
Man when I read your comment I felt happy until the "not proud" part. I'm from Michigan and currently in underwriting for my first rental. Be proud my friend. I get it. Ppl like us gotta get properties in the more C class neighborhood,but it's a start. My market is Detroit,Flint,Toledeo. We have the ability to get affordable homes that cashflow being in the Midwest. Also I keep my business as private as possible. Let them laugh. Fast forward a cpl years and you'll be laughing to the bank. Your boys laughing have hearts full of fear they don't have the balls to do what you've done. God bless my friend. Go hard! The grind don't stop baby!!!
While I understand the concept of a 3 year lease, I wonder how many good tenants walk away from that. If I was renting, I would want 1 year leases depending on the situation
Yeah I know especially people who travel a lot. Like myself at the time when I was renting I preferred 1 year I wouldn’t want to be locked into something for 3 years.
Agree with 3 year lease being a bit too long. But it makes me think you can at least offer it to your potential new tenant. I don't think that would be a terrible idea.
I’ll add something to the air filter thing. GO CHANGE IT YOURSELF!!! you will drop it off, and the tenant won’t even put it in. Not only does putting it in your self make sure that the air filter makes it in, but it also gives you a chance to look around and check for leaks, dog shit, rats, trash, anything!
As someone who cleans properties for landlords every week, this is the best advice. I'm writing this comment as I sit in front of a customer's house who has a tenant that has hoarded trash up to the ceilings. If you've never paid a biohazard remediation bill, or even seen an estimate for the work to be performed, this is a very smart way to keep tabs on the condition of the interior. Hoarding doesn't just happen overnight; you can keep a record of the maintenance the tenant is keeping by making a quick note.
@dlemmon1276 generally speaking, the landlord should have something in the lease agreements that mention they can access the unit at anytime as per maintenance and management of the property; unannounced if it is an absolute emergency (pipe burst, utilities, etc) and semi-unnanounced by giving them reasonable notice that you will be entering the unit for those purposes (24 hours is good rule of thumb). Most tenants would never have a place like this fully clean within 24 hours. I'm not a lawyer and this isn't legal advice. And this isn't business advice either; I'm not a consultant.
@@dlemmon1276 You can, yes. But I do the air filter thing so that I can do an inspection every three months without making an excuse, because I already have one. Check for rocking toilets, leaks, everything.
Big ups to everyone working effortlessly trying to earn a living while building wealth. I’m 63 and my husband 65 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Saving and investing lifestyle made it possible for us this early even till now we earn monthly through passive income.
Alright so generally, investing requires higher knowledge. For this reason, It's important to have a solid support structure (financial consultant) to guide you through especially in asset picking. I operate with REGINA LOUISE COLLARO an investment advisor who partners with a licensed wealth management firm. For the record, the experience has been the best for my finance. She is quite popular for her services so you might have heard of her. She made me financially stable investing through her help, now I earn on a monthly basis through her passive income strategy...So I’ll advise you do get a good Investment advisor for yourself.
Impressive Stephanie! Your investment advisor seems quite skilled. I've come across success stories of individuals enhancing their financial stability through advisors. Could you provide further details about this individual?
@skoopqueen she is easy to find , make a quick research of her on the internet with her name Regina Louise Collaro and leave her a message .She works with anyone independent of their location.
I have had the intentions of starting investing. But I always thought it was late and I think I need to stop procrastinating. I will definitely 🔍 Regina Louise Collaro and see what she can advise .Thanks a lot . This was of so much help to me .
Back in 2007, during my time working in real estate, I witnessed people purchasing newly built homes from builders with the plan to sell them before the closing of escrow to another buyer for a profit. The crash hit hard and fast, and I vividly recall many of these units ending up foreclosed upon, with the builder's plastic still covering the carpets.
Friendly Vs Friends absolutely hit me. I had one who just kept pushing and pushing, and soon as I gave him the notice to Vacate when he already told me he can’t afford the new rent and I had given him a 3 month extension at the same lower rate, he got mad and started having an attitude. DO NOT LET THEM THINK YOUR FRIENDS.
exactly! its the same tactic being used by tenant and landlord...its all good we can act as friendly and respectful as possible but in the end, everybody knows its about business and NOT personal@@sunnynsydney4705
@@krishaskins... agree with cmrncrick above. Thank you very much. Especially since I'm wanting to rent out my 1st home (an older farm house with no shower). Question: is it better to rent as is with clause for tenant to do repairs or do upgrades and then rent? Do I have to provide appliances, air conditioner, heater, stove, refrigerator, washer and dryer?
sweet, I'd love to have you on the channel to tell us about your experience, this would be so positive for my RU fam and will help a lot of people, let me know if you can share, kris@krishaskins.com
Wow, I should saw this video before I rented my property for the first time. I listed my property with Airbnb for many years and then I got tired and I rented my property with a 1 year lease. I needed to evicted them for skipping payments, sub renting rooms etc. At the end I lost 20K in damages, 9k with a lawyer by the time I got them out. After that, I got back with Airbnb that has different kind of challenges but when you get a bad tenant, it will be for a short period of time. Thank you , Kris!!!
I had a landlord let me break my lease when i bought my current house. I pointed out that it would mean he has a rental available in the summer vs the dead of winter and it would be easy to rent back out in the summer vs winter.
Great video! On point and good advice. The only thing different that I do is #9. I have the monthly payment due on the 10th of each month with a 5 day grace period. Believe me, in 8 years I haven’t had a problem with folks not paying on time. I give them time to pay their other bills at the beginning of the month. Has worked out well for me and some of my close friends/family. Thank you for the effort put into this informative video.
Thank you - this was useful information as I have made many of mistakes you mentioned here. Please make more useful contents like this to help us beginners
I appreciate you sharing this information with us man really means a lot. I’m a 16 year old and have aspirations in becoming a real estate investor very soon.
Best of luck! I wish this info was out when I was younger. If you start now, you won't have to push so hard when you get older. Most people WAIT, I'm glad you're not one of them. 👉Make sure to join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: aw8d9fb.aweb.page/p/6cca7548-b8c4-4a7e-a6b6-9cdc9b706c48
So good! I'm sorry you went through a lot of this but at the same time, some of it was funny. More like, are you kidding me! Just hard to believe people do what they do. Glad you learned, stuck with it, and found much success! Thanks for helping others to do the same without some of the pain you went through!!
sweet, I appreciate your support and recognizing that it's all real. I wish I could take a pic of my brain and just give it to my coaching clients so they don't mess up like I did. BUT.. It's just adversity we all have to go through....👉Make sure you join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: aw8d9fb.aweb.page/p/6cca7548-b8c4-4a7e-a6b6-9cdc9b706c48
Thank you so much. I have learnt so much from your one video that I accidentally found. From now on I will b extra careful and not make mistakes. Thank you thank you
![[柴犬ASMR]曼玉Manyu&小白Bai 毛发护理Spa asmr](http://i.ytimg.com/vi/0TsXQ7z2Dh4/mqdefault.jpg)
👉Download my 20 MISTAKES PDF along w/ my rental docs here: aw8d9fb.aweb.page/p/5833df8d-f0fd-48c7-9318-01ff7d3f156e
When experience talks, i listen!
Hold up, I'm only 47, and I've got mentors been in the game for 10 years longer than me, BUT, I'll take that. I never thought I'd be the big homie. It just kinda happened after 19 years of this messy business. I appreciate your support.
@@krishaskinsneed more videos like this bro
I’m only halfway through the video and I just had to pause it just to write this comment. This video is gold. All the other videos are always about how to buy your first place this and that this is actually the best video I’ve seen in a long time.
I’m currently in my third year of being a landlord and purchasing my third multifamily right now. So there’s a lot of tips and tricks in here.
I just bought my 1st rental in Flint Michigan. My entire circle is laughing @ me.I had to start somewhere. I'm not to proud
Hold up, what are "they" laughing at".. It pains me when I see peeps taking action, while others sit on the sidelines scared to pull the trigger. Just stay in the market and you'll win. Time IN the market is the secret.. 👉Make sure you join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: aw8d9fb.aweb.page/p/6cca7548-b8c4-4a7e-a6b6-9cdc9b706c48
Congratulations!!! Everyone needs a place to live and you’ll be even more proud in the years to come. Wish you the best.
CONGRATULATIONS on your new property!!!
Don’t listen to the noise from others. Keep watching Kris and others like him. Listen to podcast. Read landlord books. Arming yourself with knowledge and educating yourself about real estate will not allow you to fail. Start figuring now how you’re going to buy property number two. Good luck and wish you the best success.
Man when I read your comment I felt happy until the "not proud" part. I'm from Michigan and currently in underwriting for my first rental. Be proud my friend. I get it. Ppl like us gotta get properties in the more C class neighborhood,but it's a start. My market is Detroit,Flint,Toledeo. We have the ability to get affordable homes that cashflow being in the Midwest. Also I keep my business as private as possible. Let them laugh. Fast forward a cpl years and you'll be laughing to the bank. Your boys laughing have hearts full of fear they don't have the balls to do what you've done. God bless my friend. Go hard! The grind don't stop baby!!!
90 days is a stretch. You need to be fair with the tenant. A 60 day notice is reasonable for both parties.
Exactly😂😂😂 like he lost me there
No 90 days is great it works great😊
What’s wrong with 90? Just curious
You know your moving in 90 days 60 your narrowing down where already. 90 is fine cut it out
No nonsense landlording. Good stuff - I learned some things. Thank you boss!
While I understand the concept of a 3 year lease, I wonder how many good tenants walk away from that. If I was renting, I would want 1 year leases depending on the situation
1 year lease just means your rent will go up next year. Might as well lock in a multi year agreement
What about tenants you want to boot? Unless they break the lease, you'd have to wait for the whole 3 year lease to run out to non-renew
@@kimjongil5200I was wondering the same thing
Yeah I know especially people who travel a lot. Like myself at the time when I was renting I preferred 1 year I wouldn’t want to be locked into something for 3 years.
Agree with 3 year lease being a bit too long. But it makes me think you can at least offer it to your potential new tenant. I don't think that would be a terrible idea.
I’ll add something to the air filter thing. GO CHANGE IT YOURSELF!!! you will drop it off, and the tenant won’t even put it in.
Not only does putting it in your self make sure that the air filter makes it in, but it also gives you a chance to look around and check for leaks, dog shit, rats, trash, anything!
Sounds like you have some real world experience with this my friend.
As someone who cleans properties for landlords every week, this is the best advice. I'm writing this comment as I sit in front of a customer's house who has a tenant that has hoarded trash up to the ceilings. If you've never paid a biohazard remediation bill, or even seen an estimate for the work to be performed, this is a very smart way to keep tabs on the condition of the interior. Hoarding doesn't just happen overnight; you can keep a record of the maintenance the tenant is keeping by making a quick note.
@@biohazardpro-crimescenecle9728Can you do an un-announced visit, or do you have to make an appt. with your tenant?
@dlemmon1276 generally speaking, the landlord should have something in the lease agreements that mention they can access the unit at anytime as per maintenance and management of the property; unannounced if it is an absolute emergency (pipe burst, utilities, etc) and semi-unnanounced by giving them reasonable notice that you will be entering the unit for those purposes (24 hours is good rule of thumb). Most tenants would never have a place like this fully clean within 24 hours. I'm not a lawyer and this isn't legal advice. And this isn't business advice either; I'm not a consultant.
@@dlemmon1276 You can, yes. But I do the air filter thing so that I can do an inspection every three months without making an excuse, because I already have one.
Check for rocking toilets, leaks, everything.
Big ups to everyone working effortlessly trying to earn a living while building wealth. I’m 63 and my husband 65 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Saving and investing lifestyle made it possible for us this early even till now we earn monthly through passive income.
Nice one Stephanie .Any investment tip?. I would love to know how you made it this far
Alright so generally, investing requires higher knowledge. For this reason, It's important to have a solid support structure (financial consultant) to guide you through especially in asset picking. I operate with REGINA LOUISE COLLARO an investment advisor who partners with a licensed wealth management firm. For the record, the experience has been the best for my finance. She is quite popular for her services so you might have heard of her.
She made me financially stable investing through her help, now I earn on a monthly basis through her passive income strategy...So I’ll advise you do get a good Investment advisor for yourself.
Impressive Stephanie! Your investment advisor seems quite skilled. I've come across success stories of individuals enhancing their financial stability through advisors. Could you provide further details about this individual?
@skoopqueen she is easy to find , make a quick research of her on the internet with her name Regina Louise Collaro and leave her a message .She works with anyone independent of their location.
I have had the intentions of starting investing. But I always thought it was late and I think I need to stop procrastinating. I will definitely 🔍 Regina Louise Collaro and see what she can advise .Thanks a lot . This was of so much help to me .
Back in 2007, during my time working in real estate, I witnessed people purchasing newly built homes from builders with the plan to sell them before the closing of escrow to another buyer for a profit. The crash hit hard and fast, and I vividly recall many of these units ending up foreclosed upon, with the builder's plastic still covering the carpets.
I see this comment in every real estate investor.stop it 😂
Friendly Vs Friends absolutely hit me. I had one who just kept pushing and pushing, and soon as I gave him the notice to Vacate when he already told me he can’t afford the new rent and I had given him a 3 month extension at the same lower rate, he got mad and started having an attitude. DO NOT LET THEM THINK YOUR FRIENDS.
They act friendly on purpose, to manipulate.
exactly! its the same tactic being used by tenant and landlord...its all good we can act as friendly and respectful as possible but in the end, everybody knows its about business and NOT personal@@sunnynsydney4705
This is probably the best video that I've watched for helping me out! Thank you!
You're very welcome! It's my honor to serve to help prevent you from taking the bullets I had to take..
@@krishaskins... agree with cmrncrick above. Thank you very much. Especially since I'm wanting to rent out my 1st home (an older farm house with no shower). Question: is it better to rent as is with clause for tenant to do repairs or do upgrades and then rent? Do I have to provide appliances, air conditioner, heater, stove, refrigerator, washer and dryer?
Thanx bro, I needed this, bc I just purchased my 1st rental property.
Congratulations 🎊
sweet, I'd love to have you on the channel to tell us about your experience, this would be so positive for my RU fam and will help a lot of people, let me know if you can share, kris@krishaskins.com
Congrats!
Thank you for your video! It is very valuable! Just closed my first rental property.
@@lyla.iipheung , love to hear your story!
Wow, I should saw this video before I rented my property for the first time. I listed my property with Airbnb for many years and then I got tired and I rented my property with a 1 year lease. I needed to evicted them for skipping payments, sub renting rooms etc.
At the end I lost 20K in damages, 9k with a lawyer by the time I got them out. After that, I got back with Airbnb that has different kind of challenges but when you get a bad tenant, it will be for a short period of time. Thank you , Kris!!!
Thanks Kris! Great stuff as usual!
True facts! Thanks for sharing.
Great video Kris. Great info, great vibes.
Great information Chris!!! I appreciate you ❤
Thanks for sharing!!!
I liked, commented, shared, and subscribed for how much value you have provided others and myself. Thank you
Wow ! Great advice !
All of these are super helpful!!
Really good info, thank you!
This was so helpful, thank you!
Thank you for your advice
😊
thanks for this great content Kris
Respect for your guidance 🎉
Thanks for the great advice
Great information I appreciate it ❤
Great info brother
Great information. Thank you for sharing
Subscribed and Liked. Thank you for the information.
Great advice
This was really thorough and helpful. Thanks! You have a new subscriber.
This is great stuff. Thank you !
Thank you! Excellent startup advice.❤
So much great info here!!
Very helpful Thank you
Excellent advice. Thanks
Great video. Great advice on managing renters! Thank you so much.
Thank you! Great lessons -!
Best advice I’ve seen on CZcams. Thank you
Thank you for the time stamps!
Super sincere guy! Thank you
I had a landlord let me break my lease when i bought my current house. I pointed out that it would mean he has a rental available in the summer vs the dead of winter and it would be easy to rent back out in the summer vs winter.
Thank you for sharing
Thank you for sharing your experiences. These are elpful. You rock.
Good points.
Great material !! Thank you my brother>
Thanks I learned a lot😊
Thank you so much I learned a lot😊
Meeting my first renters tomorrow, a dream finally coming true. Thanks for the advice.🎉🎉🎉
Do you have an mentor? Or what avenue do you take ?
Great video and outstanding key points.
Very informative and great use of time. Thank you!
this was very valuable content thank you!
Thoroughly enjoyed this
This advice is Gold. Thanks brother
Thank you for this
Great video, thank you.
Perfect, so many mistakes you mentioned I did and still doing.
Great video excellent content! Thanks for all the good info💪
Very good advice
Love the amount of good info packed in this info.
Really good video, thank you for sharing.
Great info 💜
Thank you for your insight its good
Kris... you ALWAYS give great content. THANK YOU FOR BLESSING US👏👏👏👏👏
thanks for this info, you're cutting the learning curve
❤ thanks very informative
Kris, I enjoyed the info and have subscribed.
Good Information, Thank you.
Excellent video with personal insights
Absolutely great mistakes to highlight! Thanks kris!
Great video! On point and good advice. The only thing different that I do is #9. I have the monthly payment due on the 10th of each month with a 5 day grace period. Believe me, in 8 years I haven’t had a problem with folks not paying on time. I give them time to pay their other bills at the beginning of the month. Has worked out well for me and some of my close friends/family. Thank you for the effort put into this informative video.
I'm amazed by the information on this video. THANK YOU!
Excellent video, thank you sir
You're good my brother 🙏
I really liked this content. I definitely got a few tips from this.
This is a really great video!
I definitely learned some tricks.
Thank you!
Great 👍 Content!!!! Thanks 🙏
Thanks for sharing your knowledge. Mil gracias.
Man you gave us some sauce with this one 🔥
Thank you - this was
useful information as I have made many of mistakes you mentioned here. Please make more useful contents like this to help us beginners
Thank you so very much for sharing this valuable information with us. Thank you.
Real talk Kris. boom!😃
Great help
I appreciate you sharing this information with us man really means a lot. I’m a 16 year old and have aspirations in becoming a real estate investor very soon.
Best of luck! I wish this info was out when I was younger. If you start now, you won't have to push so hard when you get older. Most people WAIT, I'm glad you're not one of them. 👉Make sure to join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: aw8d9fb.aweb.page/p/6cca7548-b8c4-4a7e-a6b6-9cdc9b706c48
Thank you though! Have a nice night.
I love you! This is so so so helpful! You are the best!
This is best video I ever seen about managing my property.
Thank u so much for all info❤
You are fantastic! This information is extremely helpful and certainly not common knowledge! Thank you for sharing!
So good! I'm sorry you went through a lot of this but at the same time, some of it was funny. More like, are you kidding me! Just hard to believe people do what they do. Glad you learned, stuck with it, and found much success! Thanks for helping others to do the same without some of the pain you went through!!
sweet, I appreciate your support and recognizing that it's all real. I wish I could take a pic of my brain and just give it to my coaching clients so they don't mess up like I did. BUT.. It's just adversity we all have to go through....👉Make sure you join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: aw8d9fb.aweb.page/p/6cca7548-b8c4-4a7e-a6b6-9cdc9b706c48
Great video!!
great advice Kris. May think about doing Sec 8.
Good Stuff, thank you 😊
I'm a new subscriber!! Love your content!
Great content 👍👍👍👍👍👍👍👍
This was SO GOOD, and I'm currently a renter. Thanks for the tips!!!!
Thank you so much. I have learnt so much from your one video that I accidentally found. From now on I will b extra careful and not make mistakes. Thank you thank you
Great video content 👌