Invest in Chicago Real Estate $ | Junaid Akram
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- čas přidán 12. 09. 2024
- Invest in Chicago Real Estate and Make Rental Income in Dollars
Website: kettleandoak.c...
Facebook: www.facebook.c...
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Offices in Chicago and Karachi
#kettleandoak #earnindollars #usrealestate
I've been in Chicago for over 10 years. This video is absolutely not true! The neighborhood matters. There's taxes, HOA, assessments, etc. add up to a lot. He glanced over "his property management company". What it doesn't tell you, is how big of a chunk they take. The value does not go up for these properties, and it does not fetch the rent that's said in these videos. Chicago is a sellers market right now. I don't what they are on about.
Man, I get making these kinds of videos, but be clear about your affiliations!
sounded too good to be true
There are 2 kinds of real-estate investment -- equity growth or cash flow. Section 8 investing is about monthly cash flow. Not all investment properties are condos. For example, most Section 8 investments are single-family homes for which there are no HOA (Home Owner Association) fees. Condos have fees as there are amenities and other shared expenses. Based on our clients' needs, we recommend the right kind of property investment. Finally, Section 8 and housing vouchers allow US families who cannot afford housing to get safe, reliable housing. We assist with the mitigation of any issues/problems with the tenants to ensure a steady rental income and well-maintained property. Thanks
Hidden fees are ignored😂😂😂
Yeah correct.
The guy in the video is lying
@@PoliticalSeer-ii3wh This 10-minute video is a basic introduction to Section 8 and Chicago real-estate investing. What specifically seems to be incorrect to you? We suggest doing your due diligence, research about Section 8 and low-income housing, visit our website, and see our testimonials. Thousands of people have invested in Chicago real-estate and live in this great city and state for decades 🙂
ARSHAD NADEEM SHOULD BE INVITED IN PODCAST ❤❤
Right 👍
And I am sure Junaid sir will definitely invite him.
Both Nadeem & Neeraj will be a blockbuster!❤
Yes Junaid Sir ❤
💯 💯 💯 ❤
Why? Kia ketna hai uskay rehearsed jawab sunker.... pressure mai aker shabaz ka poda hon kerta rahyga wo
I am living in Illinois since 10 years, I am laughing on it.
This video has so many lack of information.
What are it's down sides, can you please share please?
Asking from an investor perspective.
Please share the details
Please share some more information
Section 8. Google it. It doesn’t mean the government will pay full rent but rather a portion of the rent that they can refuse anytime.
Second and this is another thing he missed. The Home Owner association or HOA. All these buildings have one. They have their rules and regulations which you have to follow or they will take you to court. Most of them straight up refuse to have an apartment in their building as a section 8. Reason: they don’t want low income families affecting their building. Those rules can be changed annually most of the times. Not to mention: the time during which your apartment is not rented, you are stuck paying at least the HOA ($$$) dues and property taxes.
Thanks for clarification
Section 8 renters are the worst, they will destroy your property. I am speaking from experience, don’t fall for this scam
I agree with this, section 8 return is the worst also my experience is the same.
Is it possible that in the future you might decide not to rent this property and instead live in it yourself or give it to a relative?
@@mubeenkhawaja6783 Is it possible that in the future you might decide not to rent this property and instead live in it yourself or give it to a relative?
@@mfiaz7719 the give suggestions also
@@HarisAwan Yes, you can live in it, rent to anyone you want, or keep it vacant.
damn man, these influencers are trying to cash in on every opportunity.
The funny thing is, I googled Kettle & Oak and it turns out this company has quit it's business, they have negative reviews as well. 😂
@@alimaaz97 Incorrect statement. Our Google Business Review AND our business is very much active. Like all businesses (and humans), there will always be negative sentiments and that's OK. You can't make everyone happy 🙂 -- even the best of the best restaurants will have some negative reviews. It's how the world works. Thanks
*Amazing video, you work for 4Oyrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires* ...
Hello, I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Jeff Clark, has been an amazing experience.
Hello how do you make such monthly?? I'm a born again Christian and sometimes I feel so down🤦🏽of myself because of low finance but I still believe in God
I'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Mr Jeff Clark
Is there any way to contact him
Junaid Bhai, stop promoting these scams man. Your reputation is heading for the gutter.
It was already there, only you guys are realizing it now
read comments ....healthy discussion between public and kettle and oak on hidden charges and ROI... best part is kettle and oak is replying to all comments...something different and healthy discussion...pros and cons must be clear to the investors
Salaams everyone - @Junaid excellent coverage of investments opportunities in US. I have been in RE for over 22 years in NY. This is so far from the truth. Here are some challenges -
1) Section 8 program although is great, the tenants are not!
2) these properties showcased in the video look very nice but I can guarantee they are in a war zone areas. BIG vacancies.
3) Management company as such sound great on paper but in reality drain the profits leaving very little cash on cash returns
4) you will get taxed twice ! Here in the US and also in Pakistan or wherever is your residency.
BUYER BE AWARE.
Also you forgot to mention 758$ is the monthly HOA for the newport condos. Minus 758 from 2500 and see Wht have left.
Not all investment properties are condos. For example, most Section 8 investments are single-family homes for which there are no HOA (Home Owner Association) fees. Condos have fees as there are amenities and other shared expenses. Based on our clients' needs, we recommend the right kind of property investment. Thanks
Greater Chicago area is Huge (1 coror (10 million) ppl live in Chicago & suburbs, same as Lahore population) and the area is 100 km+ long from South side to North side and West side (Water is on East)...North side and Downtown is where gores, pakistanis, indins, Asians and most ppl live & is very expensive . Avg home is a million dollars....South side is for Low income ppl & Gov pays there rent.......mostly ka-lees
So many important details and informations are missing. Such as, property taxes, HOA fees and many expenses that comes with owning/maintaining a rental property in the United States . I have few properties in Los Angeles area that I maintain myself. It is not as easy or cheap they make it sound. Please!! do not listen to these people. Do your own research. This is clearly a scam!!
Thank You for your insight.
Is it possible that in the future you might decide not to rent this property and instead live in it yourself or give it to a relative?
@@HarisAwan Yes, landlord can terminate section 8 contracts. However, every states has different requirements and time frame of notice two renters. Most investors will not touch section 8 properties.
Not all investment properties are condos. For example, most Section 8 investments are single-family homes for which there are no HOA (Home Owner Association) fees. Condos have fees as there are amenities and other shared expenses. Based on our clients' needs, we recommend the right kind of property investment. Kettle & Oak manages and takes care of maintenance, rent collection and other operational tasks. For this we charge $99/month. Section 8 and housing vouchers allow US families who cannot afford housing to get safe, reliable housing. We assist with the mitigation of any issues/problems that the tenants to ensure a steady rental income and well-maintained property. Thanks
@@HarisAwan Yes, that is possible. You can live in it yourself or rent it to anyone you want or keep it vacant. Your call 🙂
If you're trying to maintain the property yourself, then you're basically asking for trouble. Unless you have experience of all aspects of it, you shouldn't do it. In any case, LA has a low ROI.
Video is good but it lacks a lot of basic information such as how much is the monthly maintenance charge by his company ? As this makes a lot of different in ROI. On a 80,000 dollar if you collect 24,000 rent than it sounds amazing and it’s very attractive but there will be other taxes to pay ? Please let us know ….
Gadbad hai re
Kettle & Oak charges $99/month for management and covers rent collection, leasing, maintenance calls, and more. Typically, all expenses (maintenance), property management fees, property taxes, and other misc items amount to about 35% to 40% of gross rent.
@@kettleandoak so that is still a high yield. I would love to meet you guys on my next visit to Chicago
@@kettleandoak can you please give a breakdown of how what’s included in 99$ a month? And what’s the other expenses that takes that total to 35-40% of gross rent ?
We want ashad nadeem podcast!!!
Ye kon ha bai 😂😅ashad
dont invest in chicago, property taxes are high, high HOA, and section 8 is worst to invest, junaid bhai i like ur podcast but this one i am sorry does not provide correct information
Hi Rabia -- happy to respond to any concerns you may have. We do not advocate condos for Section 8; only to those clients who want to invest in A+ neighborhoods but are OK getting a lower rental ROI. For example in Naperville suburb in Chicago, the value of a house could be $1 million with a rental ROI of 1.8%. The same $1 million in South Chicago (even with repairs and maintenance of low-income families) would be an average of 10% with single-family or apartment purchase. It depends on what your end goal is from an investment perspective --- equity gain or monthly rental cash flow. To each their own 🙂
Could you tell me more about the taxes and other things ? What about net income rental profit each month ?
Section 8 house will go for bear minimum rent. That is a lie that rent is goes for more than market rate.
Yep!
Section 8 (under Housing and Urban Development [HUD]) always pays competing market rate for rent.
Give some proof man
@@PakistaniCreations It's on HUD's website:
The PHA (Public Housing Authority) determines a payment standard that is between 90 percent and 110 percent of the Fair Market Rents (FMRs). FMRs regularly published by HUD, represent the cost to rent a moderately-priced dwelling unit in the local housing market. Source: www.hud.gov/program_offices/public_indian_housing/programs/hcv/landlord/fmr
GREAT JUNAID BHAI FOR ALWAYS,,,,,,,,,,,SUCH TYPES,,,,,,,,,,,VIDEOS,,,,,,,,,NEW VISIONSSSSSSS THANKS KEEP IT UP
This type of video is very useful and good,,, u make it,, excellent,,, this video actually help people,,, other video just fo knowledge but this make sense
Bro, what are the property taxes? If there is a cash flow, please mention that. Not only an Ad. Video for company
Property taxes are typically $1200 to $1800 per year
Please remember that housing investment/mortgage is usually based on "interest" unless its Shariah compliant or bought on cash.
What it's mean
@@ubaidrehman6764 Under Sharia law, it is forbidden for Muslims to receive and pay interest, so a halal mortgage essentially takes interest out of the equation which should be kept in mind before buying any property.
thank you for such video. need more
There’s big difference between low standards Counsel housing of UK where ppl r marked as living on hands out vs USA 🇺🇸 where low income ppl r not segregated or discriminated & are provided regular housing in normal neighborhood thus nobody knows who’s who & also a very basic fundamental of Islam which says that help other’s discreetly & without publicity..
Correct. In US, there is zero hint whether the tenants are living on subsidized/assisted living vs being market tenants. Thanks for your point.
How to mobilise funds to buy such property in USA? Pakistan has capital flows restrictions
Too good to be true.
100% true
We want Arshad Nadeem podcast
@@zeshanabassi786 aby Any to do usko
I may self has nver seen the south side.....Grew up here all my life...
Just the way the local contractors in Pakistan including the builders loot and maraud the people here locally this guy is taking it to an international level
Very catchy and at the same time too good to be true.
you can't have a bank account unless you are a resident/citizen of US or someone who is a resident/citizen is your co signer.
not true at all , I live here, and a lot of my friends aren't citizens, but they got the bank accounts here
You can also open an LLC there and open a bank account on those basis
You can have a bank account here no matter you nationality
SSN. ??
@@muznakazim4316 SSN requirements?
Question ❓ please
Can a foreigner buy property in the USA ?
Yes, any non-resident or non-citizen can buy any property in the US
Is your service available in texas ? I just moved from pakistan to houston @@kettleandoak
Again sponsored episode but he didn’t mention as usual
Yup very dubious not to disclose it
Shuru m likha hua h, open your eyes
it's mentioned, just look at the pop-up at the beginning.
How you really improved your content, amazing but this is for investers i enjoyed the scenes and development of the US.😊
Thats the nice video you uploaded!
What about the high taxes on USA . How much will be deducted on this apartment you showed and what is the reasonable amount of service changes agent will cut . ?
Kala (African American)population is less than 15% of America's population, is on Welfare and section 8,....so its not a problem. The rest of USA population is rich...
Well made junaid,good stuff
Chicago is very Beautiful, clean and Prosperous..
We love walking tales also please do one video at least in a month specially European countries and Canada New Zealand also
Love your Vlogs....Welcome to my City..Farhan Pakistani from Chicago....
Ye bharosay wala project hai ?
There are many contradictions:
The ROI as mentioned in video becomes 25 to 30 percent. While in comment section this company claims it becomes 10 percent after deducting fees, taxation etc. it becomes even less if mentioned property is a condo hence involves HOA.
They mentioned that the price of property will be increased by 10 percent yearly while in comment section they say that it is cash flow property and value will not increase.
The price mentioned in videos is for south Chicago which is crime ridden mostly inhabited by african americans due to which the property value will go down.
In video they mentioned that govt will pay rent, in comment section the company confirmed that the government may pay UPTO 100 percent.
Thanks for the message. Let us answer your concerns:
The ROI after net expenses is average 10%. It is higher if you leverage it (bank financing). We do not recommend condos due to HOA fees but some investors prefer getting a lower ROI but buying a condo in an excellent neighbors hood for equity gains. For example, in Karachi some people invest in Emaar where the location is excellent and will increase in value but relative to the investment, the rent ROI is very low. Also, not everyone has 10 cr+ to invest in Defence Phase 8. A residential apartment or house in other parts of the Karachi on the other hand will be lower in value, may not have the same equity gains, but relative to the investment, the rent ROI will be higher. It's essentially investment economics. Each individual invests based on their individual profile and goal.
The average equity gain in Chicago is 5% to 10% in these areas based on the neighborhood you invest in.
South Chicago has higher crime than other parts of the city (just like investing in Phase 8 vs other areas), however, it is also where there is most investment opportunity. LOike previously mentioned, if our clients want to invest in A++ neighborhoods, we can assist as well, but the rental ROI is lower then.
The government pays UPTO 100% of the rent. We focus on investments where we get the maximum if not 100% of the rent. The rest of the rent balance is covered by the tenant under rental contract.
Hope that answers all your questions. If you have any other questions or concern, happy to answer them here -- or in a telephone conference call. Thanks 🙂
@kettleandoak I'm really impressed instead of running away you are answering all questions, no matter how harsh.
Good Luck!!
@@Faizan-A-Khan Thanks -- our goal is to be accessible, transparent, and clear about the Chicago rental property market. Happy to answer any and all questions. Since 2016, we have helped hundreds of investors and landlords with their Chicago properties. Thanks 🙂
Excellent.....impressive
Sounds too good to be true
Useful information
Yaar Junaid bhai ka kaam tha ek product samnay le k aana … wo le aai
Ab wo product Kis ko suit karti hai kis ko nahi … it depends
The video is just the cover of the book.
My advise is to do your due diligence.. arrange a meeting with the team, raise your queries and questions with the team. Or ask your friends or relatives to verify the ground truth.
I myself had the meeting with the team, they cleared all my doubts and told me the truth. in the end I decided it’s not my cup of cake.
Thanks 🙏 your feedback helped
As a chicagoan, I can tell you this is a scam. Locals would never invest in section 8’property.
Welcome to Chicago. Ali nehari is our favorite Pakistani restaurant in Chicago
Agreed -- Chicago is home to many amazing restaurants! 🙂
Agr 5 crore ruppe Pakistan ma.kisi Mutal Funds ma rakh dain on an average saal ka 20% milta ha jo ke 8,33,333 banta ha aur jb chaho paise nilaal bhi skty ho wo is se behtar ha
Yes, there are different options. Investing in Chicago real-estate is not the only one of course 🙂
However, most international investors especially from countries like Pakistan invest in US and other markets because PKR is volatile and depreciates. The investors want to "dollarize" their returns. Thanks
Which mutual fund is giving a net 20%?
If it goes up 10 % that means 10 years ago this apartment was free :) Section 8 housing require a lot of maintenance as mostly trash people live there , need pluming , electric work , central cooling (HVAC) and its very costly , also this company also will charge you ,return is 5-6 % for the year at the end of day
ماشاء الله زبردست بہت خوب 🌹
Good information on Section 8 and there can’t be a better option than Chicago. I will contact Kettle & Oak.
Please do ur independent research, section 8 housing is often in poor neighborhoods n gets trashed. Its a poor investment and chicago sees crime daily
Come to Buffalo, Rochester and Syracuse NY. Can buy home as low as $5000. Plus you are in NY, an empire state
Have you invested in these $5000 homes in New York? Please post these listings if available. We would love to buy them ourselves if available 🙂
Bht achi video
Thank you
Knowing junaid, he will definitely have a podcast with him.
Rent seeking is mother of all problems in Pakistan😃This video is misleading and doesn't provide the core fact that US government doesn't pay for full rent but only pays up to 70% with all other strings attached. Credibility of Junaid Akram diminishes as he puts these ads without vetting them first.
Kya baat jai junaid Sir... Super duper return... I from India.. If invested 1lac $.. Amazing monthly return.... Very nice
Arshad Nadeem must be invited in podcast
@kettleandoak . My question is if I have invested 100K in an apartment and in future we want to move or can live in same apartment or my Son or family member ? What about the ownership of the apartment.
The ownership of the property is 100% under your name or company (that we can help setup). You can live in it yourself, rent to friends/family, the government, or any market tenant. Thanks 🙂
Thanks for sharing Junaidbhai, super inspiring video, yes section 8 is been very hot in US after COIVD for sure.
These properties are in South side. Aur South side me sirf KALE (African Americans) rahte hain....Asians, Pakistanis, Indians, Gores , Asians ...dosri QOOM NAHI reh sakti yahaan ....Buy only in North side or Down Town.....haan... gov... ka-loon ...ka... rent ..pay ...karti ...hai, so it is profitable........but invest if you have US visa and if you can see your property...
Right, the South Side is why it's called CH"IRAQ"
Nawaz Sharif be like : Abi Leta Hun Sir 😂
Are baap re ye to dhoti khol rha hai 😂
😂😂😂
@@tabishshaikh4533 oye nawaz sharif tabish shaikh kay name say id kyo bana kay aye ho?😂😂😂😂😂
@@zikrullah1101 🤣
Bro i really appreciate if u came down to new york i be bere for u and tells u story about this state coz i lived here for 15yr i mean i just spend my quarter life in new york rest i spend quarter in india chandigarh so iam up to invest in ur thoughts nd brain 🧠 if u interested let me know otherwise it's fine
Bhai yeh kya krei, hum kaise invest krein. Yeh scam to nhi ha?
You are allowed to take $10 thousand dollars per person cash when u travel...(a family of 4 you are talking $40 thousand dollars) you can bring to Pakistan legally...
is this garment or government? 🤔
yaar how come they do not have a single review on
Google My Business
Trust Pilot
Facebook ?
Strange
on behalf of this property can we get easy visa to USA! visit or Job hunting type.
No.... You need to invest around 800K under EB-5 visa.
@@hunainahmed116what about E2 ?
@@AliAhmed-u5x Yeah, that also works, as PK is a member.
Me watching with 30 dollars in my account only.
After buying this property can owner live in his house or give on rent to his relative on his own without involving government
Yes, owner can live in the property, rent it to anyone they want, or keep it vacant.
Is admi ki baat pay yaqen karney se pehle sochna zarir
Remember they will will take 20 % of rent then us taxes. Capital gains taxes so remember that
Minimum kitnay arsay kay liye investment karni paray gi? Aur agar beach mein khud rehnay aa jayein toh kya ye possible hoga?
Aur agar regular housing societies mein ghar lena ho tab bhi yehi rates hotay hain ya sirf government ko denay walay ghar he sastay hain?
You can buy the property for your own use -- or rent it to anyone you like. The purchase price will remain the same regardless of whether you rent it to the government or not.
Ok I'm coming to join your property management company
Salaam Junaid Bhai
Can we buy a property on finance as well if we dont have usa visa?
Any non-US citizen/resident can buy a property in USA. Financing via US banks is only possible if you're a US resident or citizen. Thanks
Junaid bhai, you have brought a very good video, I will definitely think about making an investment. ❤
We want Arshad Nadeem podcast ❤️
Absolutely not is my favourite ❤😅
They’re advertising rental yield of 25% on dollar based property which is impossible
Gross yield. Typically, all expenses (maintenance), property management fees, property taxes, and other misc items amount to about 35% to 40% of gross rent.
If its too good to be true than you already know what it is.Be carefull
Is investment pe nationality ki possibility hai.
What are the exact charges?
Any similar programs with crowdfunding?
Nice content
Say goodbye to the value of your house if you put in under Section 8
There are 2 kinds of real-estate investment -- equity growth or cash flow. Section 8 investing is about monthly cash flow. It is market economics. South Side Chicago is affordable as it's an area mostly inhabited by low-income families. On the flip side, it makes a great investment from a ROI perspective. It also ensures that families who cannot afford housing get safe, reliable housing.
@@kettleandoakwhat are the taxes , u said it is 35 to 40% of gross rent
@@yasirhashmi6575 Property taxes are about 1% of the property value. On average, the NET ROI (after all expenses) is 10%.
24k dollar rent per year on an 80k dollar property , thats rental yield of 30% ? What are maintenance costs? N other costs? Sounds too good.
Typically, all expenses (maintenance), property management fees, property taxes, and other misc items amount to about 35% to 40% of gross rent.
Junaid bai it seems too good to be true
Bro sponsored video hai
Please call Arshad Nadeem on podcast.
USA🇺🇸 SEC 8 VS segregated UK🇬🇧 counseling ghetto apartments
When did he buy these condos?
Can I buy the property from Pakistan ??
And can I get the US visa on behalf of this property ??
Yes, you can buy from anywhere in the world including Pakistan. You cannot get a US visa on a residential property investment. E2 and EB5 (green card/immigration) benefits are available on business purchase or commercial real-estate investment only.
Bhai chicago mei kahan reh rahe hain
ROI per month
$2,500 = 6.5/7 lacs in PKR (3:15)
ROI per month
$2,600=5/5.5 lacs in PKR(5:11)
Increasing a $100
Decreases about 2 lacs in PKR
How come ?
Depends on location and other factors. Equity growth or cash flow. Section 8 investing is about monthly cash flow.
1 r sawal tha KY agr hum property me invest karty hy to humy us passport Mily ga ?
nope
abayyy bhai kya batadia yeeeeeeeeeeeeeee.
I m interested lekin contact kaisey hoga
Is this scheme only applicable in Chicago or same applies in other states as well?
It is applicable in all cities and states. Section 8 is a federal (USA-wide) program managed by the US government. Thanks
He figures out this quick. But Americans couldn't figure it out . He is not talking about financing these properties. CZcamsr trying to find him customers. Don't fall for a scam.
A lot of investors and landlords have Section 8 properties. This is well-established. Section 8 and housing vouchers allow US families who cannot afford housing to get safe, reliable housing. Thousands of mothers, fathers, and children have a roof over their heads due to this housing program/scheme.
Amazing content junaid bhai lekin kya hum yai khud nahi lay skte
Khayal karna Junaid Bhai . Humara Pisa na Douba Dena humara. .AP ko tu pisay mil jayin ge is video k baad lakin humaray dube saktay Hain ..
Is there any opportunity to get citizenship by investing in this project? 👀
Hi Ahmed -- Not on residential investment. PR/immigration available via commercial or business investment. Thanks