Thanks so much for watching - this one was made spur of the moment and I'm SLOWLY getting a little more comfortable at recording myself in public, so I hope you enjoy it! Since so many people have asked - I'll make a video about the benefits and how to start a Roth IRA, and also about my favorite books #knawledge
GrahamStephan hey man, great vid! I was especially interested in the comment you made towards the end about ways to increase property value. maybe in a future vid you could elaborate on that?
GrahamStephan hey man I love the videos, came here from the badass lotus video ! I am an investor in the LA, OC and Inland Empire. I have a lot of off market deals that I market to my large group of active investors/ cash buyers. If you have any deals or buyers please let me know, id love to network with you ! Im only 20 so i think it would be awesome to work with you on some deals. Let me know! -Riley
Do you have a video on financing a buy? Like the calculations needed to know you are making a good decision on a loan to buy a house? Should you get a loan or save up to pay in cash for full? (I am talking about buying or loaning a home and making it a rental property) Thanks for always responding!
Great tips as always, Graham! Sometimes private deals have a lot of flexibility, and they give you a chance to get creative with the deal. Totally worth knocking door to door, or calling rental ads to see if landlords are willing to sell!
Things are going very well! It'd be fun to do a small tour of some of our rental properties here. Mine are all within a 2min drive of each other, and I live in one of them haha
Another thing I realized is that you have to make offers, like being an investor with specific criteria you should make offers because like you said it's a numbers game
+Mellodread Exactly. I make sure I'm the first to make an offer, or I submit something low on a property that had been listed for awhile - totally a numbers game like you said.
It makes total sense. I really enjoyed the live video you started on Instagram a few weeks ago, where you and your girlfriend just sat and answered our questions. Simple things like that are very entertaining as well. "Document OVER create" - Gary Vee
at the time I have no money to buy anything but I try learn from your knowledge. .. So if the time will change in my life I will be ready. .. thanks for your great advices
Took a listen to one of your videos the other day and you mentioned about 401k and Roth IRA and looking into it and also just having the bigger picture in mind of life in general I understood the importance of it...Thank you, you now have gotten my attention and respect lol
I own interior remodeling business and have been doing it for over 10 years. I'm thinking about getting a real estate license and flipping houses. Please do a video about flipping houses. Are there auctions for real estate agents or brokers like car auctions for dealers? How do they get houses cheap renovate them and sell? Is there a market for houses before they are available for public I'm talking about foreclosures, bank owned homes. Thank you
Right after i watch one video i sit in anticipation for the next, Ive learned so much from you in the past few months! I wish i could start investing now but i suppose bills have to be paid. Gotta save all that we can for now!
Thanks so much for the kind words, I'm really glad you enjoy them and find them helpful. Bills definitely come first, and taking your time to learn is just as important!
I heard a good way to get leads to off market properties is networking with real estate agents, realtors, wholesalers and probate attorneys. has anyone in the real estate business had any success with theses methods.
@@GrahamStephan yess thanks for your reply. I'll look it up. For your real estate course, do you think the lessons in there will benefit someone who's trying to be an agent overseas out of US?
Good question, where at? I'm not sure...if you end up buying it, go for it and if you send me an email and you say it won't apply, I'll refund you the entire amount just minus the $8 service charge i pay. That way there's no risk to you, and if it works, great...if not, nothing lost. Let me know!
I think I might write a program to crawl real estate resources online and build a map of listings in an area. Then see if I can get the computer to grade each one. Could be useful for building a map of pricing, market movement, etc. You could catch the outliers that are either too high or too low and areas where there's a lot of buyers vs sellers over time. Mixing in image recognition would give you the ability to judge the picture quality of the listing. Possibly even different features of the property/house. Thanks for the inspiration :)
+MrC0MPUT3R Zillow has this pretty well figured out, BUT, having something that analyzes all this data from public record and showing new "trending" areas could be pretty interesting.
Love your channel! Great content! Very helpful! Please don't stop uploading! Where did you record this video? I mean the area that u shot the video it looks dope :D
Hey Graham! I have a question for ya. Obviously it doesn't affect you now but in the beginning did you find that not having a degree was affecting you negatively when it came to investing in real estate? asking because I'm working on getting my real estate licence and the chapter I'm on is about mortgage lending. as always i shhhmashed that like button ofc
Hi loved the vid. Could you do a video on how to find properties that were for sale ages ago but didn't sell. Might be basic but I have no idea how to. If not dont worry. Keep up the good work.
what if you do not have the funds to write an offer but would bring the offer up to an investor? do you get them to agree to the offer first then bring the deal to the investor? Thanks ahead of time.
Hey Graham - if the property is on the market for a while, wouldn't that be a red flag. I get people may have forgotten about it but I thought time frame listing is on the market is a good statistic to decide whether a house is a hot buy or not.
Hey Graham, can you do a video about what papers you need to do to buy a house from someone? Because this confuses a lot of people , buying a house sound so simple, but i don't understand how the procedure works, especially if you wanna buy with mortgage And you need usa citizenship to get a mortgage in usa?
Would you think it would be worth it to get a realtors license even if I am not interested in selling real estate? Does it pay for itself when investing?
Never really checked Craigslist for listings but couldn’t hurt. Setup a notify system where it emails you automatically. Most sites already have that built for you.
Create a corporation invest in multi family home duplex’s or triplexes renovate and rent it out you could also refinance depending on how much renovations and make your money back
Hey Graham! I'm 18 years old and I am about to obtain my real estate license. Your videos have really inspired me and helped to grow my passion for real estate and investing in general. I have met up with 1 other real estate agent during high school for my senior project on real estate investing and it was very successful. I was just wondering, when you went to meet up with agents when you first started, did you contact them ahead of time, or did you just show up? a reply would be awesome thanks! :)
Have you ever thought about forex? I think I might prefer that over stocks. You should make a video if you are educated on it. Would be very useful for me and many others!
So, you concentrate on new listings, but you concentrate on old listings, and you concentrate on seeing every listing on the market? Hmm... This is like a high school presentation where you are just trying to take a tiny bit of info and stretch it out as far as possible.
I'm currently 18 at the moment and I wanna get into buying rental properties when I'm around 20-21. Currently working on my credit score which is over 700. Any thoughts on out of state real estate cause I live in California and property here is just unrealistic for me to purchase as a first property. Possibly a video on out of state real estate as well. Thanks! Love your vids
+Ello Elgin Both are equally important. Cash without credit gets you terrible rates, even if you can quality income wise. Same with good credit + no income, no loan.
+TheReal Sniperr I've never done out of state properties. I've looked into Las Vegas but decided it wasn't worth it for me, just too far away for me to have the involvement I wanted. It's totally feasible but you'll need to be careful about what you buy and how familiar you are with an area that far away from you.
Bk13.8 Gen got a $500 secured credit line a couple days after I turned 18. Had that for about 8 months then just got a chase freedom card that I've had for about 2 months now. No late payments is key, use about 30% of your card, and lastly keep your inquires low.
Hey, Graham! I was wondering what happened to some of your videos, like becoming a millionaire at age 26. Some videos just seem to be missing from your uploads list!
I took down a few voluntarily, they're not gone - just made private for now. I'm in the process of buying a property for myself and also working with a few high profile clients, I don't want my past videos to impact me professionally or my likelihood of negotiating a deal for myself since I disclosed some financial information. Since I do this just for fun as a hobby, I can't afford to have them impact my business - but they'll be back, not to worry!
Hi, love your videos. I am really looking to invest in rental properties. I have over 20k in cash. Credit score of 746. I graduated from college in may with 35k student loans and got a job of 60k+/year. Do you think i will be able to get loan. I really want to buy my first property before the end of this year😧
That's awesome great work so far! Totally depends on your area. Speak with a lender and see what you can qualify for. Student loans may bog you down but it might be possible. Likely they'll want that paid down a bit and increase your cash, but see what they say.
Another excellent video and very helpful. Do you watch Grant Cardone's videos? He talks a lot about how to find a good deal also. Would like to see how you go about underwriting a deal also. Do you agree with what Grant says about multifamily units? He says to start with a minimum of 16 units+ to create cashflow
I disagree with Grant Cardone on that. I have Single Family Homes that cash flow BETTER than a triplex I have, but as a general guideline I agree that more units = generally higher return. However, on a case-by-case basis, it's not always the case. Plus buying 16+ units in Los Angeles will be out of the league for 99% of buyers out there, which would force me to go out of state, which isn't something I'm comfortable with. So my answer is that it's GENERALLY better, but you can totally do just fine with 1-4 units.
Thanks so much for watching - this one was made spur of the moment and I'm SLOWLY getting a little more comfortable at recording myself in public, so I hope you enjoy it! Since so many people have asked - I'll make a video about the benefits and how to start a Roth IRA, and also about my favorite books #knawledge
you looked so nervous
It's a LOT different filming in public than indoors, takes some getting used to!
GrahamStephan hey man, great vid! I was especially interested in the comment you made towards the end about ways to increase property value. maybe in a future vid you could elaborate on that?
GrahamStephan hey man I love the videos, came here from the badass lotus video ! I am an investor in the LA, OC and Inland Empire. I have a lot of off market deals that I market to my large group of active investors/ cash buyers. If you have any deals or buyers please let me know, id love to network with you ! Im only 20 so i think it would be awesome to work with you on some deals. Let me know! -Riley
What city/neighborhood are you walking in? It looks nice!
All my rentals I bought off market and love it!!
Love the old videos Graham! Truly valuable and are defiantly still relevant
Your really getting me interested in Real Estate!
Do you have a video on financing a buy? Like the calculations needed to know you are making a good decision on a loan to buy a house? Should you get a loan or save up to pay in cash for full? (I am talking about buying or loaning a home and making it a rental property) Thanks for always responding!
Great tips as always, Graham! Sometimes private deals have a lot of flexibility, and they give you a chance to get creative with the deal. Totally worth knocking door to door, or calling rental ads to see if landlords are willing to sell!
Agreed!! Hope all is well, still trying to find a time to make it up to London!
Things are going very well! It'd be fun to do a small tour of some of our rental properties here. Mine are all within a 2min drive of each other, and I live in one of them haha
I just changed the like counter from 1k to1.1k. I am very proud
AWESOME!! THANKS!
Great video. Now everyone will know how to analyze and scoop up the deals! Thank you very much.
Here we are two and a half years later and at 1.45 million subscribers! Way to go Graham!
good video, finding off market properties is getting harder and harder these days with the market being so hot but definitely the way to go.
+mike hicks I agree. It's been a pain in the ass to find off market deals for myself...literally going door to door is sometimes the only option.
Graham Stephan have you ever done a door to door video? I’m seriously contemplating that in my city.
Very clever tips. Thank you for the helpful explanation.
4:30 - "Ooh, that sounds bad." Haha!
😂
Thanks for the sense of direction. Home that need remodeling sounds the best way to go!
You are the best out there for real estate advice
thanks so much!!
That AMG GT in the background 🔥 2:40
Please make an updated version of this video
Graham the God comes out with a video on the perfect topics at the perfect times!!
haha thank you, glad you enjoyed it!
Lovely stroll in the Flats :)
Another thing I realized is that you have to make offers, like being an investor with specific criteria you should make offers because like you said it's a numbers game
+Mellodread Exactly. I make sure I'm the first to make an offer, or I submit something low on a property that had been listed for awhile - totally a numbers game like you said.
GrahamStephan Keep Providing Value!
Great video Graham !!
Thanks so much!
Which area and state is this? Looks very nice Graham?
Your content is just getting better and better. Don't be afraid to switch it up a little!
Thank you, I appreciate it! Yeah, looking to switch things up - I really don't want all my videos to be the same, if that makes sense.
It makes total sense. I really enjoyed the live video you started on Instagram a few weeks ago, where you and your girlfriend just sat and answered our questions. Simple things like that are very entertaining as well. "Document OVER create" - Gary Vee
at the time I have no money to buy anything but I try learn from your knowledge. .. So if the time will change in my life I will be ready. .. thanks for your great advices
+jonathon Gottlieb Bill Thanks for watching 🙌🏼
Took a listen to one of your videos the other day and you mentioned about 401k and Roth IRA and looking into it and also just having the bigger picture in mind of life in general I understood the importance of it...Thank you, you now have gotten my attention and respect lol
good work Graham. very nice and this video is better than the one in the studio. Please make some videos in this style. Thank you!
Just got my loan qualification. Going to start looking soon 😀
I own interior remodeling business and have been doing it for over 10 years. I'm thinking about getting a real estate license and flipping houses. Please do a video about flipping houses. Are there auctions for real estate agents or brokers like car auctions for dealers? How do they get houses cheap renovate them and sell? Is there a market for houses before they are available for public I'm talking about foreclosures, bank owned homes. Thank you
Ello Elgin I'm not involved in real estate yet (learning), but I see a lot of people say you really don't need the license.
my 2 cents. You want to network with wholesalers or direct mail campaign or marketing to see off market deals.
Hi. Passed Graham. Your the best man
This is a great intro. I feel like I know what I want to do next
Awesome!!
love your videos man. keep me motivated!!!
+PEEZY650 Thanks so much for watching, glad you enjoy it!
Nice! Keep it up!
Right after i watch one video i sit in anticipation for the next, Ive learned so much from you in the past few months! I wish i could start investing now but i suppose bills have to be paid. Gotta save all that we can for now!
Thanks so much for the kind words, I'm really glad you enjoy them and find them helpful. Bills definitely come first, and taking your time to learn is just as important!
Premium Advice. Thank you
Great videos as always !
we need cheapest mansions
GrahamStephan awesome advice
+Christopher Hill Thank you!
great timing man :)
Thanks man for sharing your thoughts... sounds like I'm on good track
+Isidro Garcia 🙌🏼
How do you pick an area you want to buy in?
This comment is three years old, but I was just searching his channel for an answer to this and couldn't find one.
I heard a good way to get leads to off market properties is networking with real estate agents, realtors, wholesalers and probate attorneys. has anyone in the real estate business had any success with theses methods.
wow that area is so pretty
Every now and then
advice for new home owners or people looking to buy
But what to compare? How to compare?
I really like watching your channel. Thanks for sharing your wisdom. ☺
Thank you so much!
Hi Graham, what do you think about buying foreclosures?
Can you do a video about how to spot up an coming neighbourhoods
I have a video on that! It’s “how I made $150,000 on this duplex” or something like that
@@GrahamStephan yess thanks for your reply. I'll look it up. For your real estate course, do you think the lessons in there will benefit someone who's trying to be an agent overseas out of US?
Good question, where at? I'm not sure...if you end up buying it, go for it and if you send me an email and you say it won't apply, I'll refund you the entire amount just minus the $8 service charge i pay. That way there's no risk to you, and if it works, great...if not, nothing lost. Let me know!
that's a really good deal I agree! I live in Singapore
but eventually want to know how to operate as a real estate agent within Southeast asia
Nice video!
I think I might write a program to crawl real estate resources online and build a map of listings in an area. Then see if I can get the computer to grade each one. Could be useful for building a map of pricing, market movement, etc. You could catch the outliers that are either too high or too low and areas where there's a lot of buyers vs sellers over time.
Mixing in image recognition would give you the ability to judge the picture quality of the listing. Possibly even different features of the property/house.
Thanks for the inspiration :)
+MrC0MPUT3R Zillow has this pretty well figured out, BUT, having something that analyzes all this data from public record and showing new "trending" areas could be pretty interesting.
I've never heard of Zillow. I'll have to check it out.
Love your channel! Great content! Very helpful! Please don't stop uploading! Where did you record this video? I mean the area that u shot the video it looks dope :D
+Srikanth Sharma Thank you! This was in Beverly Hills!
Hi thank you for the video, what is the programm you use in MLS that notifies you about the new listing?
Ahhh the pre-Covid days.
Great advice!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Is there a mathematical formula or percentage used to determine a good deal in which you want to remodel (flip)?
Josue Lopez 30% profit is a good deal
Another killer video! Like the setting just don't start vlogging please
+Joseph Shin LOL I won't be doing vlogs anytime soon 😜 Glad you liked the setting though, trying to switch things up!
Hey great video but didn't you say that you stay away from door to door knocking and if so why would you suggest it.
$170,000 3 acres house west plains Missouri expensive but 1600 square feet and private road?how much we offer $170,000 house?
Do these apps show homes that were taken off market?
What is the program name you use on the MLS to get listing notifications ?
How do you feel about buying foreclosures?
I'm all for it if you can find one!
never clicked so fast in my life
Hi Graham, great video! Super long shot here, but what background music did you use? It sounds familiar but I couldn't figure out what it is.
Hey Graham! I have a question for ya. Obviously it doesn't affect you now but in the beginning did you find that not having a degree was affecting you negatively when it came to investing in real estate? asking because I'm working on getting my real estate licence and the chapter I'm on is about mortgage lending.
as always i shhhmashed that like button ofc
Hi loved the vid. Could you do a video on how to find properties that were for sale ages ago but didn't sell. Might be basic but I have no idea how to. If not dont worry. Keep up the good work.
I'd chat with a real estate agent who will be able to pull it up!
Awesome okay tbh I'm 18 and thinking about being an estate agent anyway
do the remodeling myself? what? how on earth am i supposed to remodel a house myself? of course i would have to pay someone to do it? im so confused
Useful information Stephan. It seemed to me like you were walking in a park.
how much does a home usually cost?
Do you feel it's necessary to become a licensed real estate agent before investing? Thanks.
Zishan Jaffer no selling real estate and investing in real estate is not the same
what if you do not have the funds to write an offer but would bring the offer up to an investor? do you get them to agree to the offer first then bring the deal to the investor? Thanks ahead of time.
Hey Graham - if the property is on the market for a while, wouldn't that be a red flag. I get people may have forgotten about it but I thought time frame listing is on the market is a good statistic to decide whether a house is a hot buy or not.
So if comparable houses in the neighborhood have been on the market only for say 20-30 days on the market, wouldn't that be a good indicator?
Graham how can I use mls if I am an investor but not an agent?
I
What is the criteria for canadian investors?
But how do you see everything on the market? Is there a website where I can see every home on the market in my area? I’d like some advice
TheMLS or Zillow!
Are you dragging a cart with a camera in it?
+Eric Kim Haha it's an iPhone stabilizer!
4:33 haha😂
I’ve got 50K in Cali for a rental. Can you help me
Hey Graham, can you do a video about what papers you need to do to buy a house from someone? Because this confuses a lot of people , buying a house sound so simple, but i don't understand how the procedure works, especially if you wanna buy with mortgage And you need usa citizenship to get a mortgage in usa?
2:47 *Samsung
Do you still buy and remodel houses?
+master jedi Absolutely! Supposed to close next week on a duplex, will post it up once it closes!
Great advice. Is this video in Beverly Hills?
Yes it is!
You probably don't email people in the comments who ask you questions.
Is the Zestamite on Zillow accurate?
+Ethan Palmer Not really. It's within a 20% ballpark but shouldn't be taken too seriously.
Great video! That street that you walked has wonderful homes and estates.
Thanks! That’s Beverly Hills for ya!
DAMN, that area you were walking through was full of foreign cars, is that hollywood?
Beverly Hills!
Good vid.
So, auctions aren't one of your methods for getting houses cheap?
I've never used auctions before!
Congrats on 50k Graham it's Jordan from D.C.! I sent you a text brother. Glad you're doing well
It’s crazy how he got to 50k then boom I’m becoming a young man myself and listening to graham still and he’s at 2.5 million subs, crazy man
Earned everyone tho
any good public websites to find properties? i.e. dont need to have an mls login
I like Realtor.com and Zillow!
Would you think it would be worth it to get a realtors license even if I am not interested in selling real estate? Does it pay for itself when investing?
I'd say probably not, not worth it for the casual investor.
Thanks for the advice! Love the honesty of the channel!
How do you get emailed when you there’s a new listings? And do you check craigslist to buy homes?
Never really checked Craigslist for listings but couldn’t hurt. Setup a notify system where it emails you automatically. Most sites already have that built for you.
Graham Stephan I see :) so do you mostly use MLS, Zillow, or Trulia?
Hi i'm from Chile, if i had $50,000 and wanted to move to the u.s what would you recommend me do with that money?
Francisco Costa invest it with professional real estate investor like myself
Create a corporation invest in multi family home duplex’s or triplexes renovate and rent it out you could also refinance depending on how much renovations and make your money back
Francisco Costa
Or you can give to me to pay my tuition
Simon great advice dude
Approximately $33,000 is needed to accumulate $1000 in dividends per month. That's a great start.
Hey Graham! I'm 18 years old and I am about to obtain my real estate license. Your videos have really inspired me and helped to grow my passion for real estate and investing in general. I have met up with 1 other real estate agent during high school for my senior project on real estate investing and it was very successful. I was just wondering, when you went to meet up with agents when you first started, did you contact them ahead of time, or did you just show up? a reply would be awesome thanks! :)
Did you get your license, how’s it going ?
what neighborhood/city are you filming this in? it got some nice houses.
+vincentnnyc This is in Beverly Hills!
Have you ever thought about forex? I think I might prefer that over stocks. You should make a video if you are educated on it. Would be very useful for me and many others!
I'm not knowledgable at all on Forex, unfortunately - would hate to make a video about something I'm not experienced with.
So, you concentrate on new listings, but you concentrate on old listings, and you concentrate on seeing every listing on the market? Hmm... This is like a high school presentation where you are just trying to take a tiny bit of info and stretch it out as far as possible.
I'm currently 18 at the moment and I wanna get into buying rental properties when I'm around 20-21. Currently working on my credit score which is over 700. Any thoughts on out of state real estate cause I live in California and property here is just unrealistic for me to purchase as a first property. Possibly a video on out of state real estate as well. Thanks! Love your vids
TheReal Sniperr 18 here too , how did you get a 700 credit score so quickly ?
wipe your ass with your good credit score. it's more about your income, about how much you make so you can get a higher mortgage
+Ello Elgin Both are equally important. Cash without credit gets you terrible rates, even if you can quality income wise. Same with good credit + no income, no loan.
+TheReal Sniperr I've never done out of state properties. I've looked into Las Vegas but decided it wasn't worth it for me, just too far away for me to have the involvement I wanted. It's totally feasible but you'll need to be careful about what you buy and how familiar you are with an area that far away from you.
Bk13.8 Gen got a $500 secured credit line a couple days after I turned 18. Had that for about 8 months then just got a chase freedom card that I've had for about 2 months now. No late payments is key, use about 30% of your card, and lastly keep your inquires low.
You just need to network smarter I'll show what I do.
Great video love the topic but don't like the tai Lopez add in the beginning just kidding
Hey, Graham! I was wondering what happened to some of your videos, like becoming a millionaire at age 26. Some videos just seem to be missing from your uploads list!
I took down a few voluntarily, they're not gone - just made private for now. I'm in the process of buying a property for myself and also working with a few high profile clients, I don't want my past videos to impact me professionally or my likelihood of negotiating a deal for myself since I disclosed some financial information. Since I do this just for fun as a hobby, I can't afford to have them impact my business - but they'll be back, not to worry!
@GrahamStephan Smart dude... I was wondering the same thing...( consider removing even the comment perhaps?)Subscriber and fan from Glendora
Pssst....It's free real estate ;)
Hi, love your videos. I am really looking to invest in rental properties. I have over 20k in cash. Credit score of 746. I graduated from college in may with 35k student loans and got a job of 60k+/year. Do you think i will be able to get loan. I really want to buy my first property before the end of this year😧
That's awesome great work so far! Totally depends on your area. Speak with a lender and see what you can qualify for. Student loans may bog you down but it might be possible. Likely they'll want that paid down a bit and increase your cash, but see what they say.
Ever buy a property?
Another excellent video and very helpful. Do you watch Grant Cardone's videos? He talks a lot about how to find a good deal also. Would like to see how you go about underwriting a deal also. Do you agree with what Grant says about multifamily units? He says to start with a minimum of 16 units+ to create cashflow
I disagree with Grant Cardone on that. I have Single Family Homes that cash flow BETTER than a triplex I have, but as a general guideline I agree that more units = generally higher return. However, on a case-by-case basis, it's not always the case. Plus buying 16+ units in Los Angeles will be out of the league for 99% of buyers out there, which would force me to go out of state, which isn't something I'm comfortable with. So my answer is that it's GENERALLY better, but you can totally do just fine with 1-4 units.