I’m Building an Apartment Complex!

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  • Опубликовано: 12 май 2022
  • I got a killer deal on an apartment complex! Recently, I was able to get a four-flex under contract while also managing to snag the empty lot right next door! This site is going to be home to a new and beautiful apartment complex. Being able to see this opportunity and take it has been amazing. Especially when you look at the growth in Idaho, the location of the site being near a big university, and the housing demand that is in full-swing.
    Investing in real estate for the last 10 years, Chandler David Smith currently owns over $25 million worth of rental real estate. During this time, he has had some great experiences by being able to share his passion alongside his family and buddies as he has seen them absolutely crush it in investing. More importantly, he has been able to share his expertise with others and learned invaluable lessons from his loved ones along the way.
    Chandler dives DEEP into all of the ins-and-outs of his current deal he was able to snag under contract, how it met his criteria, and how this plays into the current housing market! There is fear that everyone has with the decision of investing during this time: What might happen? Will I make a profit? Is it better to invest or wait? If I do invest, what is the best way to do so right now? The biggest thing to worry about is how you can stay level-headed in your expectations of the present situation and in the future. Keep in mind that there is A LOT of unknowns when you take a step into the real estate world; things fall through the cracks and honestly, anything can happen. But, this is life! When you take the proper steps that Chandler teaches here, you CAN mitigate your chances so that you will be taking the smallest risk with the highest return possible!
    To Make An Offer On My Home: forms.gle/qMuQd7MNWktLVHFq6
    Zillow: www.zillow.com/homedetails/37...
    Craigslist: eastidaho.craigslist.org/reo/...
    Facebook Marketplace: / 381013267268080
    Get $50 off my new Real Estate Investing Course! Use coupon ( 50OFF ) Go to:
    www.chandlerdavidsmith.com/co...
    To learn more about a job opportunity doing door to door sales with Chandler, go to:
    www.elitesummersales.com/
    Ballpoint marketing mailers (use code “CDS” for 10% off! Use this link
    www.ballpointmarketing.com/?r...
    To join my Facebook group, go to:
    / chandlersmithmastermind
    If you're interested in learning more about real estate investing, and you'd like to have one-on-one mentorship go to:
    www.chandlerdavidsmith.com/
    Check out some other videos if you want to learn more about investing in real estate, building a huge passive income, or preparing for your own future home.
    Want to see all of Chandler's real estate deals?
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Комментарии • 181

  • @ab221983
    @ab221983 2 года назад +31

    This is why i like this channel, no boats, or luxury cars, REAL ESTATE!

    • @prodigy803
      @prodigy803 2 года назад +28

      You must have missed all of the videos of cars and boats. Lol

    • @ab221983
      @ab221983 2 года назад

      @@prodigy803 true my friend

    • @user-ru2hf1sg4e
      @user-ru2hf1sg4e 2 года назад +1

      This must be your first video. Check out all the other videos on boats and luxury cars

    • @csingleton_2
      @csingleton_2 2 года назад

      He does both lol

    • @sammybully5030
      @sammybully5030 2 года назад

      hahahahha

  • @masterkong369
    @masterkong369 2 года назад +5

    Before covid hit I was attempting to build a 250 residential unit and 26 office unit mixed use complex made out of steel and ocean conexs. It was supposed to cost 55 mill total and was told that we would have an issue with having vacancies due to our market study we did. Would have been a multi millionaire but couldn't sell the idea well enough to investors to raise the capital lol. The sad part is that if we built it rents would have been twice what we projected.

  • @patrickknapp8539
    @patrickknapp8539 2 года назад +19

    I’m curious what they bid the whole thing per sq ft.
    I’m a licensed general contractor and investor. I love your videos and the App!
    Please document every step! I have always wanted to build a apartment complex

  • @drunkenant7319
    @drunkenant7319 2 года назад

    Haven't seen your videos on my feed for some reason (not sure why) so had to search your name to check out your new videos! And boy what a great news. I always wanted to build my own building as well. Only have three doors at the moment so it's going to happen later in the future, but I'm excited to see how your journey goes. Good luck!

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @adebowalemuibi3047
    @adebowalemuibi3047 2 года назад +5

    Chandler!!! Wow, much respect 🙏 👏 These deals you're getting are mind blowing 🤯 man!

  • @michaelageyev9864
    @michaelageyev9864 2 года назад

    Thank you for sharing your experience with us! Extremely eye opening.

  • @zackorylemieux7026
    @zackorylemieux7026 8 месяцев назад

    Awesome bro! Don’t let anyone tell you different. Perfect opportunity you’ve put years of work into. Give yourself this one

  • @ferryck
    @ferryck 2 года назад

    Awesome! Thanks for sharing! I wish you the best and let us know how it goes

  • @johnlamb4465
    @johnlamb4465 11 месяцев назад

    Best of luck Chandler, you are going to knock it out of the park. God bless and we are rooting for you.

  • @JackDuffley
    @JackDuffley 2 года назад +8

    Now we're talking!! Best of luck on this one, Chandler!

  • @bryceadams2269
    @bryceadams2269 2 года назад

    That one is in a great location 3 years ago I wanted to buy it they weren’t ready! Congrats that’s going to be a great experience. Can’t wait to see what you creat there!

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @anuppatelvlogs3898
    @anuppatelvlogs3898 2 года назад

    Sounds Awesome chandler! Hope everything is going good for you and your family!

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @MJJSmoothCriminal
    @MJJSmoothCriminal 2 года назад

    I’m excited to see the process of this project! Congratulations chandler!

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @deqasuleiman1290
    @deqasuleiman1290 Месяц назад

    Let's go, please show more on such appartments and if possible do new construction appartments like that

  • @danielcampos8882
    @danielcampos8882 2 года назад

    Best of luck Chandler! Looking forward to the videos of the build.

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @iankaplan7029
    @iankaplan7029 2 года назад +2

    Congrats man! What are your plans for the additional units? I’m an architect/developer working on infill development sites just like this one. Love your channel and being witness to your growth 💪 I’ve worked with developers in the past to do college rentals - 4 bed apartments with common kitchen each bedroom with their own bath sometimes even a smaller kitchenette. You can get pretty creative with stuff like this. I’d be happy to run some ideas past you for best way to maximize your density, boost the proforma, and build yourself a good looking piece of architecture that you can be proud of 👏

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @terrymcchesney383
    @terrymcchesney383 10 месяцев назад

    I think you got a great deal, and your approach makes a ton of sense. Great!!!

  • @CodySteckRealEstateVideos
    @CodySteckRealEstateVideos 2 года назад +4

    New studio and lighting is looking 🔥 Another banger video!

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @zhenneman54
    @zhenneman54 2 года назад

    Find a general contractor with as many in house workers as possible. I know right now as a super intendent it's hard to just get these subs to show up and focus on our builds when they got a ton of other contractors out there hiring them and putting them on jobs that we have to schedule around and causes delays which you don't need with how many delays you're going to have just getting materials right now. Can't wait to follow this journey though because this is something I want to do in the future as well! Congrats and good luck!

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @Brentwarr
    @Brentwarr 2 года назад

    Nice! I looked at this deal and those plans. If it were closer to me I totally would have jumped on it. Good on you good luck!

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @satisfyiinq4941
    @satisfyiinq4941 2 года назад

    Very interesting! Best of luck to you Chandler! Hopefully you’re able to document everything,that sure will be interesting

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @WaddyWorld
    @WaddyWorld 2 года назад

    I'm a project manager for multifamily projects in Florida. I've been watching your channel to learn more about how the money works. Excited to see you'll be covering new construction now too. When you say the project is permitted, are you talking building permits? civil (development order and utility permits)? Make sure there aren't other permits that may require some engineering and design that you'll have to account for in your budget. As you know, permitting varies widely from place to place. Interested to hear more about this deal. Thanks for the great content.

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @jasonyech506
    @jasonyech506 2 года назад

    Can't wait for future videos about this project!

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @treegreen7054
    @treegreen7054 2 года назад

    Hey Chandler, I’m currently looking at buying my 1st property it’s similar to your situation. It’s multiple buildings of Duplexes with land to build on as well. I’m thinking that I would renovate the existing units and build on the additional acreage as well. As a beginner how would you recommend I approach a project like this or would you recommend I start somewhere else? Something smaller or continue forward and try and lock in a deal?

  • @larrychamel
    @larrychamel 2 года назад +3

    Congratulations Chandler! So happy for you and proud of you at the same time! G-D Bless you, your Wife and the entire Family!

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @VictorTellez
    @VictorTellez 2 года назад

    Super motivating and awesome to watch!

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @DuncanBuilds
    @DuncanBuilds 2 года назад

    congrats dude, looking forward to seeing the process.

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @chvellenut
    @chvellenut 2 года назад

    Congrats - that is a big step to start development. The next step in your progress.

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @cademonk4258
    @cademonk4258 2 года назад +1

    Awesome video! I’m looking to one day get into real estate investing and i’ve enjoyed watching your journey as I start to embark

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @balla2828
    @balla2828 2 года назад

    Please have all the steps in all the videos!! Basically an apartment building tutorial would be AMAZING!!

  • @luisgarza8741
    @luisgarza8741 2 года назад

    Excited to see this come to fruition

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @robbietillman
    @robbietillman Год назад

    Dude what a deal- congrats!

  • @dougbrown1797
    @dougbrown1797 2 года назад

    Chandler nice job! Will you film the whole process for the channel?

  • @jimmyb5911
    @jimmyb5911 2 года назад

    Awesome.

  • @-Silly-Willy-0
    @-Silly-Willy-0 2 года назад +1

    Hey Chandler, what kinda interest rates are you getting on your 4 units and under deals these days?

  • @masterkong369
    @masterkong369 2 года назад

    Damn man I wish I was you right now. Your living my dream

  • @ashog1426
    @ashog1426 2 года назад

    Good deal good luck bro.

  • @ryuli1
    @ryuli1 2 года назад

    Glad to hear your good news brother, I'm trying to get a fourplex but my loan officer is talking me into getting a single home and wait a year then get one. I really want to house hack but I'm running out of options unfortunately

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @davisgach2659
    @davisgach2659 7 месяцев назад

    Wow, I'm in Kenya 🇰🇪 and that my dream over here. Hope I could be able to pull it through like you 🎉

  • @TopKorner90
    @TopKorner90 2 года назад

    Motivated seller is always the best

  • @karadeprano9055
    @karadeprano9055 9 месяцев назад

    College towns is a 100% money making business! My only recommendation is to be careful renting to guys! My apartment in college had the guys in the worst apartments because they don’t take care of their place as good as girls 🤷🏻‍♀️! I know it sounds terrible, but I was friends with most of the guys in our apartment complex and wow they were messy and never cleaned! The girls got the newest renovations/apartments.

  • @MillennnialGod
    @MillennnialGod 2 года назад

    In your opinion do you think its still a good time to buy rental property with everything happening?

  • @eliot5220
    @eliot5220 2 года назад +2

    Chandler it is great to see you contributing to the affordable housing shortage. Here is an idea. Contact your local housing authority and ask if they will give you a PBV ( project based voucher ) which will allow you to get a 10-20 year contract as long as you keep some units affordable and give them the units.

  • @raycorc
    @raycorc 2 года назад +4

    Love hearing these deal breakdowns, this is what separates your channel from other real estate channels (by a mile)

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @hungrybeing
    @hungrybeing 2 года назад

    That's a very nice deal. I just got a similar one in a smaller scale. Is the vacant land already on separate parcels?

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @Grundle_ItcH085
    @Grundle_ItcH085 2 года назад

    Nice job man 🤘

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @brucebanksshow
    @brucebanksshow 2 года назад

    This is a good video. Does anyone know any YT that talks more about detailed rehab costs and strategy in their deals?

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @JesseJalbert
    @JesseJalbert Год назад

    Good score!! Nice. Do you have a sales letter you have been sending out to people? I’m trying to find a good one that makes the phone ring. Any help would be appreciated. Thanks

  • @adamdeichert1686
    @adamdeichert1686 2 года назад

    Well-Bought!

  • @patrickwilliams6594
    @patrickwilliams6594 2 года назад +1

    Great score Chandler, way to go. You'll have fun with the build process!

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @skorpyo331
    @skorpyo331 6 месяцев назад

    Already excited watching this, especially w the town im in. Grant Cardone financing?

  • @CaseyGpdx
    @CaseyGpdx 2 года назад

    Nice, just make sure parking will be adequate. Trust me. We have an 80 unit apartment complex across the street with 20 parking spots. The idea was that people won’t have cars but every resident that lives in there has one. So street parking is nowhere. Yea we’re moving.

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @byronrich2780
    @byronrich2780 2 года назад

    thats so cool

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @eliot5220
    @eliot5220 2 года назад

    Chandler are you doing LIHTC and PBVs?

  • @dhowto3005
    @dhowto3005 2 года назад

    Congratulations!

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @sagatuppercut2960
    @sagatuppercut2960 2 месяца назад

    The only problem I see with this project is dealing with government building codes. Your friendly neighborhood building inspector doesn't give a damn about your deadlines. He could delay your construction plans for a year if he feels like it.

  • @user-eq6zp3oo4d
    @user-eq6zp3oo4d Месяц назад

    Update on this project ? How’s the 4 plex and apartment building coming? How much is the construction cost estimate for both and the loan amounts ? How much value do you see In Each new build ? Would love to know thanks - Alex

  • @KidCity1985
    @KidCity1985 2 года назад +1

    Yup, I'm jealous.

  • @Kingwest773
    @Kingwest773 Год назад

    Any updates on building process ??

  • @akajoserivers
    @akajoserivers 2 года назад

    Chandler I've been watching your videos for a while, I also invest in Real Estate, I don't have too many units under my belt but I do have a few. What I would like to do now is grow my RUclips channel, any tips for beginners? Especially getting in front of the camera and coming up with content?

    • @Trektrendy1.
      @Trektrendy1. Год назад

      ♥️♥️♥️☝️☝️☝️♥️♥️♥️
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  • @brysonsteele3289
    @brysonsteele3289 2 года назад

    Congratulations sound like an awesome opportunity 👏🏾 just closed on my first commercial property myself and thank you for your help! Love your Calculator as well, keep up the great work!

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @devinderbasra9017
    @devinderbasra9017 Месяц назад

    Good luck

  • @hgone7221
    @hgone7221 6 месяцев назад

    That’s a boatload of what-ifs!☠️

  • @byronholman9228
    @byronholman9228 Год назад

    🔥🔥🔥

  • @ericjames3945
    @ericjames3945 2 года назад

    Nice

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @sillsation4986
    @sillsation4986 Год назад

    chandler i have 600k cash and wondering should i buy used or just put in on a down payment and build a 8 to 10 unit im in new brunswick canada

  • @balla2828
    @balla2828 2 года назад

    What is the size of the lot? Lot square footage?

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @kimotyhy
    @kimotyhy 2 года назад

    Do you get all the money to buy these properties from the cash flow of your other properties

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @kennethgravley4487
    @kennethgravley4487 2 года назад

    If it’s close to the college maybe it could be called R Mount for married housing?

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @josephdaoud5868
    @josephdaoud5868 2 года назад

    How are you getting a loan on it if you needed to close in cash in 2 days? Delayed financing?

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @Benjixxlife
    @Benjixxlife Год назад

    Will you be able to build luxury apartments in Riceboro Georgia & Midway Georgia? They are very much needed an that will be a money making deal because only thing here is woods and trailer parks lol

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @byronholman9228
    @byronholman9228 Год назад

    I currently have 18 doors going up all New Construction 🚧 🏗️

  • @montavio
    @montavio 2 года назад

    How much was the bid for the 15 unit?

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @dunit92007
    @dunit92007 2 года назад

    Wow so similar

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @rillyjo5810
    @rillyjo5810 2 года назад +1

    dope. i never built from ground up, contractors seem so shady.

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @vitusvanc
    @vitusvanc 2 года назад +1

    I wonder what the seller thinks if they watch this video?

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @Themaster31415
    @Themaster31415 2 года назад

    How much does it cost to build an four-plex in florida now ?

    • @financeroyce474
      @financeroyce474 2 года назад

      3,000,000

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @tonytuka
    @tonytuka 2 года назад

    Bro 😎 you stole that deal

    • @Trektrendy1.
      @Trektrendy1. Год назад

      ♥️♥️♥️☝️☝️☝️♥️♥️♥️
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  • @thebestway2167
    @thebestway2167 2 года назад

    New subscriber

    • @Trektrendy1.
      @Trektrendy1. Год назад

      ♥️♥️♥️☝️☝️☝️♥️♥️♥️
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  • @goodtimetraveler8261
    @goodtimetraveler8261 Год назад

    $100k/door @ $1k/bed is a decent build deal

  • @stevenroshni1228
    @stevenroshni1228 2 года назад

    Close in 2 days? How is that even legal?

  • @aytothemm.1035
    @aytothemm.1035 2 года назад

    Not sure how I landed on ur video because I kno nothing ab real estate and I don’t even have the funds to buy my own home yet 😂😂😂

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @Lovely_planet
    @Lovely_planet 2 года назад

    Bubblicious

    • @Trektrendy1.
      @Trektrendy1. Год назад

      ♥️♥️♥️☝️☝️☝️♥️♥️♥️
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  • @twincherry4958
    @twincherry4958 2 года назад

    A lotttt of work!
    Ho can you get loans in 2days? Multiple loans in this case?

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @varunratti
    @varunratti 2 года назад

    25%down close in 2 days, cash deal. Did I Miss anything.

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @fredp6350
    @fredp6350 2 года назад

    Pre-pay for all the materials you can even if you have to store them. Am a builder and thats a must right now. In 3 months your material costs will be higher unfortunately. Or make sure your contract does not allow for escalation costs, in which case the builder will buy all the materials he can up front as well. Being in construction i can tell you prices are going up on a monthly basis

    • @Trektrendy1.
      @Trektrendy1. Год назад

      ♥️♥️♥️☝️☝️☝️♥️♥️♥️
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  • @martinez4baseball
    @martinez4baseball 2 года назад

    Your lawyer needs a raise. Looks like they take care of you

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @AdamKnowsItAll
    @AdamKnowsItAll 2 года назад

    Homie gonna be a billionaire someday. We get to watch it happen.

    • @Trektrendy1.
      @Trektrendy1. Год назад

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  • @fernandopacheco2479
    @fernandopacheco2479 2 года назад

    Cashhhhhhhhhhhflooowwwww

  • @scottwible1532
    @scottwible1532 2 года назад

    Hey man, if you need a structural engineer, let me know and I’ll transfer my SE license to Idaho.

    • @Trektrendy1.
      @Trektrendy1. Год назад

      ♥️♥️♥️☝️☝️☝️♥️♥️♥️
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  • @Danks_Automotive
    @Danks_Automotive 2 года назад

    I always thought it would be so sweet if you sold all your rental properties and storage units at top dollar within the last year and built a new 200 unit complex, think would be easier for maintenance and everything

    • @Trektrendy1.
      @Trektrendy1. Год назад

      ♥️♥️♥️☝️☝️☝️♥️♥️♥️
      ♥️Thanks for watching send me a direct msg~💬 got something special for you’’’’

  • @JUDGEME5150
    @JUDGEME5150 10 месяцев назад

    IM TAKING A CRAP AT MY WORK!!!!

  • @jamesandersonsmith2040
    @jamesandersonsmith2040 2 года назад

    Despite the economic downturn,I'm so happy☺️. I have been earning $30,000 returns from my $8,000 investment every 12days

    • @deenoverdunya06
      @deenoverdunya06 2 года назад

      Good to hear that people are making it out there! How did you earn such a great return? Did you join a LLC?

  • @garystort169
    @garystort169 2 года назад +21

    Mrs Scarlett is legit and her method works like magic I keep on earning every single week with her new strategy

    • @evelynharper3457
      @evelynharper3457 2 года назад

      Wow I' m just shock someone mentioned expert Mrs Scarlett thought I' m the only one trading with her

    • @evelynharper3457
      @evelynharper3457 2 года назад

      She helped me recover what I lost trying to trade my self

    • @Fabienlbao343
      @Fabienlbao343 2 года назад

      She's really amazing with her skills. She changed my 0.5btc to 2.1btc

    • @willangabra3057
      @willangabra3057 2 года назад

      I also trade with her, and earn $2,600 every week. All my family have been trading with her and making profits

    • @jozicazanic
      @jozicazanic 2 года назад

      A friend that I referred to her just received $7,050 profit after 10 days of investing....I became jealous.. lol

  • @nickparks6742
    @nickparks6742 Год назад

    Your going to lose, your fear of building.

    • @Trektrendy1.
      @Trektrendy1. Год назад

      ♥️♥️♥️☝️☝️☝️♥️♥️♥️
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