Arrogant for sure. But clear and concise. Its almost too aggressive for some people, I personally love his style, he is just a what you see is what you get kind of dude. I would chill with him!
Hes right on some counts. I have a rental house and put in laminate flooring as the cost of padding and carpet are comparable and I could do myself. Carpet ya get one try... Or pay for install
You guys clearly misread the definition of arrogant. He knows what he is talking about, is self reliant and confident... nothing he said was incorrect.
I watched a similar video with him and Lauren before I watched this one and it was much better with her style. Kevin gives good info, but it almost seemed like he was interrupting her even when he doesn’t say anything while standing next to her. Maybe that’s why he grew a beard and tried calm down more in his finance-oriented topics.
@@spicyshizz2850 Well, let's see, there were at least two instances in the video of him literally saying "buy the cheapest stuff possible, who cares about durability, and pass the costs onto the tenant", strongly implying that not only is he knowingly buying stuff that won't even withstand normal wear and tear, but that he also doesn't care because he's going to make the tenants pay for it anyway. He does super shoddy work as well. Check out the videos where he puts contact paper over formica countertops. He uses shoddy work and junk products to keep security deposits, which is definitely shady as hell, if not borderlining on outright scamming.
"Remember folks, this is geared toward rental property and investment property." I watched one of your previous videos so I knew this but for anyone new to the channel seeing the title say "New homeowner" probably makes them think you're talking about a house they're actually going to live in. Putting that sentence in the description or changing "new homeowner" to "landlord" might reduce some of the hate.
John Doe yes Lol I work in commercial construction and luxury apartment complexes. I was like “No, ‘pros’ don’t spend money on Home Depot, much less on the cheaper stuff.” But if you are renting out your property, yeah, don’t overspend. Tenants seldom take care of the property the way a homeowner would.
John Doe I thinks this works for first time home owners too. I don’t have a ton of money to make major changes, but his points are practical and affordable.
@@SlayingYouDaily because he obviously shares that he will nickel and dime all of his tenants on their deposits. Money over humanity. He intentionally buys cheap materials that will break because he just plans on putting that cost onto the tenant.
There's so many comments saying that he's being a bad landlord by not paying more for things and saying you break it you buy it over things. Like if you mistreat your sink or fan and it breaks why would you not have to pay for it.
Just my two-cents (taken with a grain of salt as I'm a PM and not an investor)... - Kevin is making recommendations for rentals. If you plan on living in your home, upgrade it how you want. For a rental though, it mainly needs to 1) cosmetically look good 2) be operational 3) and handle abuse since a Tenant is not going to take as good care of a property as a home owner. - Improving a property to a sale ready standard and upgrading it with the works is nice, and you will get a higher rent, maybe $200 - $350 at most, but not nearly enough to off-set the tens of thousands spent. - Purchase items that can be easily replaced / can find parts for / are standard. Don't install custom items if you can help it. Install standard items, that look good, but can be easily repaired, replaced, or upgraded in the future - An advantage of going cheap(er) on items, is that tenants WILL damage items in the property. Yes, they have a security deposit to pay for repairs, but there are times when the damages are over and above the security deposit. Don't count on the security deposit to fix your $2,000 carpet / $2,000 property repainting / trash-out / professional cleaning / etc
Actual pro's dont shop at home depot. This from a guy who used to work the "pro desk" at home depot. Also he is 100% correct on the hiring an electrician or plumber HIRE A PRO FOR THAT.
Purebred Shekelberg most pros I know use local lumber/supply companies. You aren’t paying retail markup. Lowe’s and HD have “pro” departments that can sometimes cut deals if you buy a lot of supplies from them. Sucks in a small town like mine because you don’t have many options.
Honestly the serious pros hire professionals to do side work under the table. You could get the exact same work done by the same guy for half the cost.
As a plumber, in a contractor course for California. I can confirm they DO NOT shop at home depot. Im still learning a lot even though Ive been plumbing for 4 years now. And although im really skilled, hardworking, and trust my expertise, I myself would want to hire a professional with a license. (Also for legal/financial reasons) a real electrician/plumber will understand tgat their work can come full circle onto the rest of structure of the property. Dont hire "the guy you know"
Big box stores don't sell appliance displays at reduced cost until they are discontinued models. The displays out there are always being damaged by carts etc. They will not sell displays until they are the last unit left.
I got my fridge at HD from 2500 down to 1100 because it had a small dent on the side. My fridge is boxed in so you wont see it. I didn’t even had to argue price they just lowered the price because of the “damage”. 2 years later and works perfectly.
I went and got that refrigerator with the screen in them for this reason. I dont plan to move and 10 years is a long time for a warranty. Sometimes you just to treat yourself in the most efficient way possible !!! Btw that fridge was marked down from 3500 to 1600 plus a 25% discount at the store , plus my 2%discover cash back ( thanks for the card tip ) plus paying with my samsung watch (another 1% off ) plus (last one I promise ) my electric provider PAID me 75 bucks to take it away !! That's a$ 3600 fridge for under 1000 ..... kev . That tip that you gave 4 sentences towards saved me almost 3000.... THAT DESERVES A VIDEO
I worked Quality Control at an appliance store, noting damage, and by far the best color for hiding scratch/dents is white. Scratches are tough to spot, and if one is particularly egregious a spray can of white primer paint will do wonders
As a real estate agent I always buy fake cameras while I have a listed empty property. It scares robbers and adds additional value when hiring an agent for their service.
Wowwwwwwww!! I really enjoyed this! We’ve decided to build our retirement cottage out of pocket and appreciate the series of your videos that we have encountered about the do’s and don’ts that may add expense and not value! Thanks so much!!
Every appliance I've purchased ('fridge, clothes washer / dryer, dish washer) came from a Sears scratch / dent outlet, and were all nearly half off their original costs. Hell, I didn't even buy matching clothes washer / dryer (nor did I buy them at the same time)... ;)
I’ve done my share of construction work and almost every house we looked at when we were on the market was “updated” with these cheapskate materials and methodology. I guess if you’re renting out, it somewhat makes sense. But you can charge against damage on quality materials and work too. There are no professionals in anything anymore, not in electrical, plumbing, painting, tiling, anything. Get a job in construction for a year and watch what people do right and what they do wrong before turning into a flipper. Become your own pro. We don’t need any more idiots ruining the housing market.
Great video! Love the Noob vs. Pro format! I bought the duplex I'm living in, (house hacking,) about a year ago. It was pretty much turn key, but, I replaced the UGLY and damaged linoleum bedroom floors on the tenant's side with luxury vinyl plank before I put it up for rent. That made a huge improvement for pretty cheap. I've been tossing around the idea of updating the old 1986 style kitchen(s), but, I'm not sure if it's worth it for me at the moment. Please keep doing videos like this!
They are selling LED bulbs, so you really don't need those full fixtures. They are also selling easy to install upgrade LED strips and rings to replace the internals of an existing fixture.
2700k is not very nice in a kitchen. An electrician buddy said most people are going 4000k. I personally put in lights that go from 2700-5000 with the flip of a switch. Using 3500k. Perfect light colour
I personally have a love hate relationship with those damn lights, sometimes I love the higher k lights because it makes the room brighter, but at the same time it's not as "comforting" as a lower k light. By comforting I mean the higher feels more commercial and the lower feels more homey.
@@jimmygangster : Use a "smart" LED bulb that can adjust it's "white" color temperature. I have some Hue bulbs in my living room and I have scenes set up just for this purpose. :)
Marsh Cam 2700k is the magic number always! Have you ever turned on all the lights and seen a 2700k area next to a 4000k area together. It’s awful. Even if walking from one room to another it feels like walking into a hospital. Don’t do it. 2700 2700 2700
Search Craigslist for takeout appliances. I bought new stove, microwave vent, and dishwasher from someone who upgraded their new build. They were never used. Saved about 70%
@@sarahann530 maybe the builder didn't offer what they wanted or they found it cheaper to buy their own upgrades? I didn't ask. I just loaded up my score and left. In Silicon valley people upgrade kitchens and sell cheap or give away stuff that is new or like new because they are remodeling a house that was already remodeled when they bought it. My gain.
Im a flooring installer full time and there are sooo many good vinyl options for rental properties, if you want a tile look there is glue down and click together “luxury vinyl tile” (lvt) products that look fantastic and will add a bit more character and design factor than entire floors of the same vinyl plank that will make the property look cheap
I completely agree on electrical work since we don’t have any experience doing it, but plumbing isn’t that bad we’ve had to replace old sewage pipes and redo entire bathrooms and it was ok.
So basically, the whole video is about "How to get the Security deposit from each of my property"... Such a great motivation to share. Instead, why don't you share "How to create a beautiful house with less money"
Having this fella as a landlord would be awful. Is he basically admitting to providing a low quality rental at high quality cost and setting out to charge the tenant for as much as possible?
Regarding quality of materials it's relative to the property you're renovating or trying to rent out. I have a condo on the ocean, rents for $5500 per month. Higher net worth renters want quality. Also I would rather invest in a reit at 7% (mort, olg, sret) than put up with all the headaches to make $300 a month on a rental property. Something to consider.
Cheapest way for a full kitchen units was ebay, I bought mine for £400(sterling)from a new build,as the owner wanted a new kitchen,costing 10k. So I put new laminate work tops,tiled with brick effect tiles that cost me £30 per box. New cooker and hob. All in for 1300. Send a pic to the owner and she said it looks really good. I did put it in myself. If i got some company put it in,would be 5k. Great news is,my tenants loves it and best of all, so does the wife,when she saw the end result, of my handy work. Great video kevin,good for noobs to be come pro👍👍
In some cases, they can sell it at a small profit or break-even price and still get a credit back from the vendor. I'm not sure how much leeway they have with appliances, but it's extremely common in the grocery and retail businesses.
Kevin, I enjoy your work, but respectfully, you're wrong about the following: 1. Tile showers - This will absolutely bring in higher value and higher rents than those crappy plastic surrounds - at a cost of maybe $500 more than those surrounds cost. I've been able to up my rents by $100/month per unit *just* by tiling showers. That's pure profit after 5-6 months! 2. Carpet is rarely worth keeping on a property. Why replace it with more carpet once it's gone bad? Put something with more lifespan and aesthetic value in like luxury vinyl plank or yes, hardwood flooring (bought at a discount from Lumber Liquidators, of course) - and never worry about flooring again? 3. Undercabinet lighting is essential in any B+ and above property. It's a small one-time cost, and it attracts higher end tenants and sets yours apart from other properties. 4. LED outdoor security lights are far easier on the electric bill, which I pay (for common areas - typically no more than $15/mo) given I own multifamily properties (because single family homes don't cash flow as well in my area). They rarely die, and if they do, it's only courteous to replace them, not stick your tenant with that cost. That's bottom feeder behavior, in my opinion, and it gives landlords a bad name. Makes me look better tho, because I lose no sleep in taking care of such things for my wonderful tenants. You're giving great advice to people who want to attract the the type of tenant that will be okay with "meh" carpet, lesser quality bathrooms and higher electric bills. I choose to aim towards attracting higher quality tenants who only want high end finishes, and are willing to pay for it. There are plenty of mid-level landlords out there trying to save $1/sq foot on flooring or $50 on a kitchen sink. If this is where your mindset is, please keep it up, because it makes my job (attracting better tenants from your stable and making them mine) so much easier. Better tenants = more money, less headaches. That's the game I'm in. I don't mind spending a little more on the front end.
But HomeDepot Has those Floor models there for a Reason, they dont care if its got dents it's to show off that model, so all the rest can come direct from the Vendor without Dents... The only time you can buy a floor model is when that SKU is DIscontinued and then they are usually 25-40% off
Do you ever go to the cart with the wrong color paint cans to see if theres a color you want and can save money on just because someone else didn't want it?
The damaged appliance thing literally applies to anything especially if they deliver it. A lot of the time the manufacturer does not want that fridge back so they’ll come off 60-70 % just to get you to keep it bc they’re basically buying it if they pick it up.
I totally agreed with you until you got to the section about carpet is great for bedrooms. Carpet is $12 a yard installed or $1.33 sq ft plus padding, total $1.50 sq ft. Vinyl planks is $1.80 sq ft plus $1 installed or $2.80 sq ft. It is twice the price of carpet but you recover your investment within two to three years when the tenant moves out. Also try to find a tenant that has enough security deposit left for you to clean the carpet. Most tenants in this economy don't pay their last month rent. I manage over 200 tenants and I can attest that most of your info provides value to landlords but just not the carpet part.
If you decide to buy a cheaper light bulb instead of led bulb, please keep in mind that majority of people in the United States does not know how to change their own light bulb, so when they do go out, your tenants are gonna come and knock on your door for help instead of changing it for themselves and therefore, costing you money.
I came here looking to educate myself as my husband and I are looking to buy our first house in the near future. We're looking because we have been repeatedly subjected to landlords that don't take care of their property; either with poor/no-show repairs for both minor damage and severe structural issues, or installing cheap flimsy hardware that they then charge the renter for when it is inevitably damaged. To say I was horrified by how funny you thought putting real human beings through this was, in this video, is an understatement.
Your right about the electrical. A client called me out to check on 2 breakers that kept tripping on a converted garage he had for his Tennant. Turns out the handyman he hired only had 1 ckt for the garage. The guy had a 120v water heater pulling like 1000 watts, his fridge, his microwave, lights and etc. Breaker always tripped when the tennant plugged her hair dryer.
Spent $2.35 per square foot on artificial grass, did the installation myself and saved $6k. The property will be a rental where I will never have to worry about landscaping for the next 20 years.
On paint: one of the insurancecompanies made a test on exterior paint and the test lasted a couple of years in different parts of Sweden to have different elements wearing. And some of the cheaper paints from the consumer DIY stores performed best in less flaking, mold and algea growth. Which may perhaps be due to that the more reputable major brands spend more on striving to limit chemical content that may be harmful.
Hey Kevin , I usually hesitate to subscribe to channels such as yours because I know the sleaziness and lies people tell all the time in this business BUT I know that what you are saying is sooooo true ... we've been there done it all !!! Thank - you for keeping it real and putting out proper and truly helpful information for the people that follow your channel ... with this attitude , you're well on your way to a million subscribers !! Subed 👍 !!!!
Kevin, we're the same age but I really look up to you bro. You've taught me a lot about owning my own home and so much else. I definitely upping my game every time I watch one of your videos
Good concept for the video, didn't think of a home rental like that before, like a Macdonalds sandwich built for cheap for the average consumer, acceptable quality, average presentation, means acceptable profit. (And satisfied customers)
I really disagree about the premium Vinyl wood flooring, that stuff breaks all the time. I would personally just go with quality laminate like pergo or quickstep, they aren't as rigid and don't crack as easily
Excellent video!! I'm always telling people there is a definite distinction between home improvement for value-add and home improvement as a consumer purchase! I kind of want to go shopping with you now...
Just pay for a permit and have the inspector check your plumbing and electrical work. It’s cheaper than paying a licensed contractor to check your work.
when you renovate or build homes valued at $800k and up, you can't get away with vinyl floorings, and many of the things he mentioned. this is good for cheaper homes, up to $500k I would say
I think it's bad advice when he says to buy what's "in" today. That makes you a fad chaser which can cost you. Buy neutral things like cabinets and wall paint.
Shingles should not be put on rooftops in the first place - only on sheds, or gardenhouses! Use Braas, Röben or Creaton Roofing-Tiles! SOme of those come with a 30! year warranty, made from clay, burnt and fired and coated with a glaze or slip which keeps moss or algae off of it. Super easy to clean, will not fly away in strong winds and provides real-value to your house, as they are fire-proof and protect your roof better then any other soft stuff.
Advice for noobs, the fixtures they sell at Box stores are cheaper quality than what you get at a professional supply store, they are built cheaper and will not last as long. The company makes them cheaper specifically for the stores that are aimed at homeowners who don't know any better. 10 or 20 percent more will last you twice as long.
Those quartz sinks definitely aren't indestructible. I install countertops for a living and have had those break on me more than any other sink. Scratches in stainless steel can easily be removed (depending of severity) with some different grades of high grit sandpaper and steel wool.
Talking about saving on landscaping, we just tore out our grass that is in the strip between the sidewalk and street (we live on a corner so it's a lot) and we are putting in bark chips...which is free from our parks department. It's hard work but it's half as much mowing and no more watering, and it cost us the price of a shovel which we needed anyway.
Dont listen to him unless you really want to f everything up. Ive been doing construction for 18 years second generation. If you want to half-ass everything he's your guy
I’m on board with almost everything, but cheap paint is a nightmare. You have to do multiple coats so the money you save is eaten up by having to do multiple coats. God I hate cheap paint 🤬
Interesting how carpet is handled differently in your market. In the northeastern USA carpet has to be replaced every 7 years, by law, even if your tenant hasn't moved out. For that reason carpet is basically unheard of in a rental property in NYC. Imagine having to pay to move your tenets furniture, install new carpet, then put their furniture back at your expense! Oh and you need to pro rate the carpet cost. If a Tennent lived there 2 years, and the carpet was there 3 years before they moved in, you can only bill them 2/7 the cost of replacement after destroying it!
Ok, I did research when buying my LED wafer lights for my kitchen for resale. They have the option for 2700k, 3k, 4k and 5k all in one by a switch. Now for a kitchen many pros say they should be at 4k for the best light. (Many modern homes you notice they are at least 3k-4k in the kitchens). So I am confused with your 2700 recommendation. I DO know in anything but the kitchen it should be at 2700. Maybe that's what you are referring to?
300-4000 is actual daylight type color, the best to see by and do not cause headaches, avoid anything over4000Kelvins as they will show more blue light. 2700K is just too yellow to be useful compared to 3-4k brightness lights!
Actually. Believe it or not Up here in canada.Techically.. If a light bulb burns out. The landlord has to come and change it.. As a renter you shouldnt have to touch a single thing.. But nobody ever takes it that far..
Done good points, but totslly disagree about landscaping. That's a great way to cheaply increase home value - yes make sure they are low low maintenance.
I’d have to disagree on the fiberglass shower walls. Especially on a rental. If any damage happens, have to buy whole new wall set. Cheap white glazed tile for a shower is not that expensive. Material cost on a tile shower is less than a wall set.
@@nicolcacola What Kevin meant are those old, stick in the mud solar path lights, they are horrible. However I just bought real bright, wireless, solar powered, motion activated, wall mounted LED lights for 8 bucks a piece.
Also something PROs do NEVER go to home depot lol They go to warehouses for cheaper prices and bulk prices and they usually know someone that can also help them get a deal. Home depot is a rip off honestly
i absolutely hate the way this guy presents information but, as a contractor, he's 100% right where it counts.
Arrogant for sure. But clear and concise.
Its almost too aggressive for some people,
I personally love his style, he is just a what you see is what you get kind of dude.
I would chill with him!
Gotta say between this and picking the brain of a guy who flipped houses for a few decades, I’ve learned a good bit.
Hes right on some counts. I have a rental house and put in laminate flooring as the cost of padding and carpet are comparable and I could do myself. Carpet ya get one try... Or pay for install
You guys clearly misread the definition of arrogant. He knows what he is talking about, is self reliant and confident... nothing he said was incorrect.
I watched a similar video with him and Lauren before I watched this one and it was much better with her style. Kevin gives good info, but it almost seemed like he was interrupting her even when he doesn’t say anything while standing next to her. Maybe that’s why he grew a beard and tried calm down more in his finance-oriented topics.
Why do I get the feeling that this guy has never returned a single security deposit.
He puts off a serious D-bag vibe
I think he dreams about NEWBS IN TROUBLE and Orgasms in his sleep, LOL.
😂
Lol. Who gets the feeling many of those refrigerators have more dents in them after he arrives at the store than they had before? Jk.
CallMeFrog 76 you clearly misread him lol he’s helped millions of people these last two months. Don’t be so quick to judge.
And this is why I’m done renting. Closing on my house in 3 weeks!
congrats, dont deal with snakes like this guy anymore. but an army of bootlickers will come to call you all types of names
Charles Reid ... lmao u literally called the guy a snake, what did he do
@@spicyshizz2850 did you watch the video?
@@spicyshizz2850 Well, let's see, there were at least two instances in the video of him literally saying "buy the cheapest stuff possible, who cares about durability, and pass the costs onto the tenant", strongly implying that not only is he knowingly buying stuff that won't even withstand normal wear and tear, but that he also doesn't care because he's going to make the tenants pay for it anyway. He does super shoddy work as well. Check out the videos where he puts contact paper over formica countertops. He uses shoddy work and junk products to keep security deposits, which is definitely shady as hell, if not borderlining on outright scamming.
Arcade School there are some things u can cheap out on, u can’t buy the highest quality if it’s not profitable
"Remember folks, this is geared toward rental property and investment property."
I watched one of your previous videos so I knew this but for anyone new to the channel seeing the title say "New homeowner" probably makes them think you're talking about a house they're actually going to live in. Putting that sentence in the description or changing "new homeowner" to "landlord" might reduce some of the hate.
John Doe yes
Lol
I work in commercial construction and luxury apartment complexes. I was like “No, ‘pros’ don’t spend money on Home Depot, much less on the cheaper stuff.”
But if you are renting out your property, yeah, don’t overspend. Tenants seldom take care of the property the way a homeowner would.
Ya I was super confused at first. A lot of this stuff I would still use even though it doesn't add value.
Yeah
John Doe I thinks this works for first time home owners too. I don’t have a ton of money to make major changes, but his points are practical and affordable.
Exactly
You're 100% right but I'd never ever rent from you. Ever.
Why would you never want to work with this guy??
@@SlayingYouDaily because he obviously shares that he will nickel and dime all of his tenants on their deposits. Money over humanity. He intentionally buys cheap materials that will break because he just plans on putting that cost onto the tenant.
@@danieldahlinger177 All materials will break, doesn't matter how much you spend. Money over humanity? That's something that poor people say.
@@keithupton86ku the point is that he is deliberately buying the materials that will break easier.
@@danieldahlinger177 So? Don't treat stuff like shit and it will last longer. What law is forcing people to rent/live in his properties?
Noobs don't realize that a poor remodel job actually reduces the value of the property 😂
Bingo!
A garbage flip can be spotted a mile away. You can tell when someone remodeled a house to sell, and when they remodeled their home.
@@m0tbaillie so true! It doesn't even take a pro to spot the difference.
Noobs are ruining 'murica
my mom tried to recreate trim with some hardening putty...
hes not saying be cheap on remodelling. hes saying be smart with it. also as a tenant. check stuff as well.
Noon vs pro should be an HGTV show
Yes
Noob* or else it would just be pros on lunch break
Aren’t you that tik tok guy???
3:20 Pro tip, magnets don't always stick to stainless appliances.
There's so many comments saying that he's being a bad landlord by not paying more for things and saying you break it you buy it over things. Like if you mistreat your sink or fan and it breaks why would you not have to pay for it.
Just my two-cents (taken with a grain of salt as I'm a PM and not an investor)...
- Kevin is making recommendations for rentals. If you plan on living in your home, upgrade it how you want. For a rental though, it mainly needs to 1) cosmetically look good 2) be operational 3) and handle abuse since a Tenant is not going to take as good care of a property as a home owner.
- Improving a property to a sale ready standard and upgrading it with the works is nice, and you will get a higher rent, maybe $200 - $350 at most, but not nearly enough to off-set the tens of thousands spent.
- Purchase items that can be easily replaced / can find parts for / are standard. Don't install custom items if you can help it. Install standard items, that look good, but can be easily repaired, replaced, or upgraded in the future
- An advantage of going cheap(er) on items, is that tenants WILL damage items in the property. Yes, they have a security deposit to pay for repairs, but there are times when the damages are over and above the security deposit. Don't count on the security deposit to fix your $2,000 carpet / $2,000 property repainting / trash-out / professional cleaning / etc
Quit bashing tenants. I take excellent care of the places I rent and always leave them cleaner and in better condition than when I moved in.
Actual pro's dont shop at home depot. This from a guy who used to work the "pro desk" at home depot. Also he is 100% correct on the hiring an electrician or plumber HIRE A PRO FOR THAT.
Purebred Shekelberg most pros I know use local lumber/supply companies. You aren’t paying retail markup. Lowe’s and HD have “pro” departments that can sometimes cut deals if you buy a lot of supplies from them. Sucks in a small town like mine because you don’t have many options.
Electrical is really not that difficult. Now, plumbing is another story.
Honestly the serious pros hire professionals to do side work under the table. You could get the exact same work done by the same guy for half the cost.
pros shop at where？
As a plumber, in a contractor course for California. I can confirm they DO NOT shop at home depot. Im still learning a lot even though Ive been plumbing for 4 years now. And although im really skilled, hardworking, and trust my expertise, I myself would want to hire a professional with a license. (Also for legal/financial reasons) a real electrician/plumber will understand tgat their work can come full circle onto the rest of structure of the property. Dont hire "the guy you know"
Big box stores don't sell appliance displays at reduced cost until they are discontinued models. The displays out there are always being damaged by carts etc. They will not sell displays until they are the last unit left.
I got my fridge at HD from 2500 down to 1100 because it had a small dent on the side. My fridge is boxed in so you wont see it. I didn’t even had to argue price they just lowered the price because of the “damage”. 2 years later and works perfectly.
I love these videos. I do high end work and it is insane how some people spend more money remodeling the property than the actual property is worth.
Thank you!! Couldn’t agree more
Especially in areas with lower property value
The Halo recess light you held up was adjustable to 2700k ya noob! 😂
Exactly what I was thinking. Lol
Yeah I have the same ones. And he says “don’t get 3k like a noob, get 2,700k like a pro”. The human eye can’t tell the difference...
I went and got that refrigerator with the screen in them for this reason. I dont plan to move and 10 years is a long time for a warranty. Sometimes you just to treat yourself in the most efficient way possible !!! Btw that fridge was marked down from 3500 to 1600 plus a 25% discount at the store , plus my 2%discover cash back ( thanks for the card tip ) plus paying with my samsung watch (another 1% off ) plus (last one I promise ) my electric provider PAID me 75 bucks to take it away !! That's a$ 3600 fridge for under 1000 ..... kev . That tip that you gave 4 sentences towards saved me almost 3000.... THAT DESERVES A VIDEO
NICE!!!
Probably the most valuable 6 minutes I have spent in real estate investing research in the last 2 years. (Watched at 2X.)
I worked Quality Control at an appliance store, noting damage, and by far the best color for hiding scratch/dents is white. Scratches are tough to spot, and if one is particularly egregious a spray can of white primer paint will do wonders
Kilz oil-based primer works great and consistently costs less than that Zinsser primer you showed. Overpaying is a Noob move, not a pro move.
As a real estate agent I always buy fake cameras while I have a listed empty property. It scares robbers and adds additional value when hiring an agent for their service.
Wowwwwwwww!! I really enjoyed this! We’ve decided to build our retirement cottage out of pocket and appreciate the series of your videos that we have encountered about the do’s and don’ts that may add expense and not value! Thanks so much!!
I love the tip about buying dinged appliance floor models. "just put a magnet on it" hahahaha
Every appliance I've purchased ('fridge, clothes washer / dryer, dish washer) came from a Sears scratch / dent outlet, and were all nearly half off their original costs. Hell, I didn't even buy matching clothes washer / dryer (nor did I buy them at the same time)... ;)
Correct, it is just a machine that performs a function.
Honestly love these videos. Its unique and something not much youtubers do. Keep these up kevin!
thanks so much brandon!
As an investor for renting property you are spot on. As a 25 year pro carpenter I see these mistake all the time.
I’ve done my share of construction work and almost every house we looked at when we were on the market was “updated” with these cheapskate materials and methodology. I guess if you’re renting out, it somewhat makes sense. But you can charge against damage on quality materials and work too. There are no professionals in anything anymore, not in electrical, plumbing, painting, tiling, anything. Get a job in construction for a year and watch what people do right and what they do wrong before turning into a flipper. Become your own pro. We don’t need any more idiots ruining the housing market.
Great video! Love the Noob vs. Pro format! I bought the duplex I'm living in, (house hacking,) about a year ago. It was pretty much turn key, but, I replaced the UGLY and damaged linoleum bedroom floors on the tenant's side with luxury vinyl plank before I put it up for rent. That made a huge improvement for pretty cheap. I've been tossing around the idea of updating the old 1986 style kitchen(s), but, I'm not sure if it's worth it for me at the moment. Please keep doing videos like this!
They are selling LED bulbs, so you really don't need those full fixtures.
They are also selling easy to install upgrade LED strips and rings to replace the internals of an existing fixture.
2700k is not very nice in a kitchen. An electrician buddy said most people are going 4000k. I personally put in lights that go from 2700-5000 with the flip of a switch. Using 3500k. Perfect light colour
I personally have a love hate relationship with those damn lights, sometimes I love the higher k lights because it makes the room brighter, but at the same time it's not as "comforting" as a lower k light. By comforting I mean the higher feels more commercial and the lower feels more homey.
@@jimmygangster : Use a "smart" LED bulb that can adjust it's "white" color temperature. I have some Hue bulbs in my living room and I have scenes set up just for this purpose. :)
Marsh Cam 2700k is the magic number always! Have you ever turned on all the lights and seen a 2700k area next to a 4000k area together. It’s awful. Even if walking from one room to another it feels like walking into a hospital. Don’t do it. 2700 2700 2700
@@dariod2666 2700 sucks. 3000 is easily the best. No questions
Great video! I'm in the middle of my first rental remodel and these videos and your course are saving me so much time and money. Thank you Kevin!!
Nice!
Search Craigslist for takeout appliances. I bought new stove, microwave vent, and dishwasher from someone who upgraded their new build. They were never used. Saved about 70%
Great idea
@@sarahann530 maybe the builder didn't offer what they wanted or they found it cheaper to buy their own upgrades? I didn't ask. I just loaded up my score and left. In Silicon valley people upgrade kitchens and sell cheap or give away stuff that is new or like new because they are remodeling a house that was already remodeled when they bought it. My gain.
I need to understand this! It's called "takeout"? You go to a showroom/warehouse?
Im a flooring installer full time and there are sooo many good vinyl options for rental properties, if you want a tile look there is glue down and click together “luxury vinyl tile” (lvt) products that look fantastic and will add a bit more character and design factor than entire floors of the same vinyl plank that will make the property look cheap
I completely agree on electrical work since we don’t have any experience doing it, but plumbing isn’t that bad we’ve had to replace old sewage pipes and redo entire bathrooms and it was ok.
These videos of PRO vs NOOB are very helpful; the variety of examples with your experiences make it more useful. Thanks for the tips
We used the luxury vinyl that looks like concrete blocks for our shower wall for relatively cheap, looks high end, and is basically industructable
So basically, the whole video is about "How to get the Security deposit from each of my property"... Such a great motivation to share.
Instead, why don't you share "How to create a beautiful house with less money"
The ogs seem to have the attitude that tenants will likely beat up whatever you put in the house, I think it's based on experience
porcelain and ceramic still hold up better than vinyl plank. No worries about using furniture pads and shit when dragging furniture around.
Having this fella as a landlord would be awful. Is he basically admitting to providing a low quality rental at high quality cost and setting out to charge the tenant for as much as possible?
Strongly agree about renting power tools, my dad has a fair number of them that he rarely uses
Regarding quality of materials it's relative to the property you're renovating or trying to rent out. I have a condo on the ocean, rents for $5500 per month. Higher net worth renters want quality. Also I would rather invest in a reit at 7% (mort, olg, sret) than put up with all the headaches to make $300 a month on a rental property. Something to consider.
Cheapest way for a full kitchen units was ebay, I bought mine for £400(sterling)from a new build,as the owner wanted a new kitchen,costing 10k. So I put new laminate work tops,tiled with brick effect tiles that cost me £30 per box. New cooker and hob. All in for 1300. Send a pic to the owner and she said it looks really good. I did put it in myself. If i got some company put it in,would be 5k. Great news is,my tenants loves it and best of all, so does the wife,when she saw the end result, of my handy work. Great video kevin,good for noobs to be come pro👍👍
“I’ll give you $500 for the $2000 fridge” Home Depot-“Nope, I can RTV it for full credit”.
@Khashon Haselrig Return To Vendor.
In some cases, they can sell it at a small profit or break-even price and still get a credit back from the vendor. I'm not sure how much leeway they have with appliances, but it's extremely common in the grocery and retail businesses.
Kevin, I enjoy your work, but respectfully, you're wrong about the following:
1. Tile showers - This will absolutely bring in higher value and higher rents than those crappy plastic surrounds - at a cost of maybe $500 more than those surrounds cost. I've been able to up my rents by $100/month per unit *just* by tiling showers. That's pure profit after 5-6 months!
2. Carpet is rarely worth keeping on a property. Why replace it with more carpet once it's gone bad? Put something with more lifespan and aesthetic value in like luxury vinyl plank or yes, hardwood flooring (bought at a discount from Lumber Liquidators, of course) - and never worry about flooring again?
3. Undercabinet lighting is essential in any B+ and above property. It's a small one-time cost, and it attracts higher end tenants and sets yours apart from other properties.
4. LED outdoor security lights are far easier on the electric bill, which I pay (for common areas - typically no more than $15/mo) given I own multifamily properties (because single family homes don't cash flow as well in my area). They rarely die, and if they do, it's only courteous to replace them, not stick your tenant with that cost. That's bottom feeder behavior, in my opinion, and it gives landlords a bad name. Makes me look better tho, because I lose no sleep in taking care of such things for my wonderful tenants.
You're giving great advice to people who want to attract the the type of tenant that will be okay with "meh" carpet, lesser quality bathrooms and higher electric bills. I choose to aim towards attracting higher quality tenants who only want high end finishes, and are willing to pay for it. There are plenty of mid-level landlords out there trying to save $1/sq foot on flooring or $50 on a kitchen sink. If this is where your mindset is, please keep it up, because it makes my job (attracting better tenants from your stable and making them mine) so much easier. Better tenants = more money, less headaches. That's the game I'm in. I don't mind spending a little more on the front end.
But HomeDepot Has those Floor models there for a Reason, they dont care if its got dents it's to show off that model, so all the rest can come direct from the Vendor without Dents... The only time you can buy a floor model is when that SKU is DIscontinued and then they are usually 25-40% off
Im renovating my first rental, so these are my favorite videos of yours right now!
Nice!!
Same! I was thinking of cabinet lighting but not anymore! Just installed some nice gray cabinets as well!
Are you going to be a pos landlord like this guy?
Hey, how's business going?
I’m about to close on my first income property so I’m feeling the same way. Hope all goes well!
Do you ever go to the cart with the wrong color paint cans to see if theres a color you want and can save money on just because someone else didn't want it?
nah -- that works if you have one property --not so good if you're trying to do the same model on all
The damaged appliance thing literally applies to anything especially if they deliver it. A lot of the time the manufacturer does not want that fridge back so they’ll come off 60-70 % just to get you to keep it bc they’re basically buying it if they pick it up.
I totally agreed with you until you got to the section about carpet is great for bedrooms. Carpet is $12 a yard installed or $1.33 sq ft plus padding, total $1.50 sq ft. Vinyl planks is $1.80 sq ft plus $1 installed or $2.80 sq ft. It is twice the price of carpet but you recover your investment within two to three years when the tenant moves out. Also try to find a tenant that has enough security deposit left for you to clean the carpet. Most tenants in this economy don't pay their last month rent. I manage over 200 tenants and I can attest that most of your info provides value to landlords but just not the carpet part.
Great video, nice color, "get a lot of magnets" thank you KEVIN🤣🤣🤣
If you decide to buy a cheaper light bulb instead of led bulb, please keep in mind that majority of people in the United States does not know how to change their own light bulb, so when they do go out, your tenants are gonna come and knock on your door for help instead of changing it for themselves and therefore, costing you money.
I came here looking to educate myself as my husband and I are looking to buy our first house in the near future. We're looking because we have been repeatedly subjected to landlords that don't take care of their property; either with poor/no-show repairs for both minor damage and severe structural issues, or installing cheap flimsy hardware that they then charge the renter for when it is inevitably damaged. To say I was horrified by how funny you thought putting real human beings through this was, in this video, is an understatement.
value tips!
I will implement these in my new office!
Your right about the electrical. A client called me out to check on 2 breakers that kept tripping on a converted garage he had for his Tennant. Turns out the handyman he hired only had 1 ckt for the garage. The guy had a 120v water heater pulling like 1000 watts, his fridge, his microwave, lights and etc. Breaker always tripped when the tennant plugged her hair dryer.
Converted garage is probably illegal
Spent $2.35 per square foot on artificial grass, did the installation myself and saved $6k. The property will be a rental where I will never have to worry about landscaping for the next 20 years.
That’s genius 😎
On paint: one of the insurancecompanies made a test on exterior paint and the test lasted a couple of years in different parts of Sweden to have different elements wearing. And some of the cheaper paints from the consumer DIY stores performed best in less flaking, mold and algea growth. Which may perhaps be due to that the more reputable major brands spend more on striving to limit chemical content that may be harmful.
Hey Kevin , I usually hesitate to subscribe to channels such as yours because I know the sleaziness and lies people tell all the time in this business BUT I know that what you are saying is sooooo true ... we've been there done it all !!! Thank - you for keeping it real and putting out proper and truly helpful information for the people that follow your channel ... with this attitude , you're well on your way to a million subscribers !! Subed 👍 !!!!
Kevin, we're the same age but I really look up to you bro. You've taught me a lot about owning my own home and so much else. I definitely upping my game every time I watch one of your videos
u can buy the regular flood light and buy led bulbs for it. best of both worlds
Awesome advice. Your channel rocks. So much value.
Good concept for the video, didn't think of a home rental like that before, like a Macdonalds sandwich built for cheap for the average consumer, acceptable quality, average presentation, means acceptable profit. (And satisfied customers)
Love these video Kev! Would love to see more Noob vs Pro content
Thank you!!
I really disagree about the premium Vinyl wood flooring, that stuff breaks all the time. I would personally just go with quality laminate like pergo or quickstep, they aren't as rigid and don't crack as easily
If the dents are big enough on appliances you could probably just use a car dent remover on them.
& bondo, wrap it!
Dammit Kevin, I just bought LED sensor lights for my front yard lol 🤣
Actually, about the damaged floor models. Home Depot will only sell you the floor model if they don’t have any in stock online
I love these videos. I need the comparisons. More please
Excellent video!! I'm always telling people there is a definite distinction between home improvement for value-add and home improvement as a consumer purchase!
I kind of want to go shopping with you now...
Hah Thank you!!
In my opinion get the normal light fixtures and get LED light bulbs to put into them, the tenant will have to replace it if it breaks
Just pay for a permit and have the inspector check your plumbing and electrical work. It’s cheaper than paying a licensed contractor to check your work.
As a carpenter, if you are installing the cabinets it’s worth the little more to get nicer cabinets
when you renovate or build homes valued at $800k and up, you can't get away with vinyl floorings, and many of the things he mentioned. this is good for cheaper homes, up to $500k I would say
I think it's bad advice when he says to buy what's "in" today. That makes you a fad chaser which can cost you. Buy neutral things like cabinets and wall paint.
Lol yeah he actually says that in another video... i think it really depends on what you're buying. But yes, i agree with you
I thought that too, but this is to sell now or rent now. I agree though, I love gray paint now...
Shingles should not be put on rooftops in the first place - only on sheds, or gardenhouses!
Use Braas, Röben or Creaton Roofing-Tiles!
SOme of those come with a 30! year warranty, made from clay, burnt and fired and coated with a glaze or slip which keeps moss or algae off of it.
Super easy to clean, will not fly away in strong winds and provides real-value to your house, as they are fire-proof and protect your roof better then any other soft stuff.
i loooove these videos these are gems!!
Advice for noobs, the fixtures they sell at Box stores are cheaper quality than what you get at a professional supply store, they are built cheaper and will not last as long. The company makes them cheaper specifically for the stores that are aimed at homeowners who don't know any better. 10 or 20 percent more will last you twice as long.
I love Target! Just noticed how well priced some of their stuff is!
Heck yeah
Those quartz sinks definitely aren't indestructible. I install countertops for a living and have had those break on me more than any other sink. Scratches in stainless steel can easily be removed (depending of severity) with some different grades of high grit sandpaper and steel wool.
please make more videos like this where you show what to buy and what not to.
ty!
Talking about saving on landscaping, we just tore out our grass that is in the strip between the sidewalk and street (we live on a corner so it's a lot) and we are putting in bark chips...which is free from our parks department. It's hard work but it's half as much mowing and no more watering, and it cost us the price of a shovel which we needed anyway.
Dont listen to him unless you really want to f everything up. Ive been doing construction for 18 years second generation. If you want to half-ass everything he's your guy
Pretty sure I didn’t say half ass it
Honestly though , the multiple shower heads and tile choices in the shower are one of the best parts of our home .
Changing all the light bulbs to LED for the renter, is it noob or pro move?
Soo much great information in this video. Your channel is one of the best out right now bro
I’m on board with almost everything, but cheap paint is a nightmare. You have to do multiple coats so the money you save is eaten up by having to do multiple coats. God I hate cheap paint 🤬
Interesting how carpet is handled differently in your market. In the northeastern USA carpet has to be replaced every 7 years, by law, even if your tenant hasn't moved out. For that reason carpet is basically unheard of in a rental property in NYC. Imagine having to pay to move your tenets furniture, install new carpet, then put their furniture back at your expense! Oh and you need to pro rate the carpet cost. If a Tennent lived there 2 years, and the carpet was there 3 years before they moved in, you can only bill them 2/7 the cost of replacement after destroying it!
yes the depreciation element is true -- very interesting about the 7-year rule though!!
Ok, I did research when buying my LED wafer lights for my kitchen for resale. They have the option for 2700k, 3k, 4k and 5k all in one by a switch. Now for a kitchen many pros say they should be at 4k for the best light. (Many modern homes you notice they are at least 3k-4k in the kitchens). So I am confused with your 2700 recommendation. I DO know in anything but the kitchen it should be at 2700. Maybe that's what you are referring to?
300-4000 is actual daylight type color, the best to see by and do not cause headaches, avoid anything over4000Kelvins as they will show more blue light.
2700K is just too yellow to be useful compared to 3-4k brightness lights!
Actually. Believe it or not
Up here in canada.Techically..
If a light bulb burns out. The landlord has to come and change it..
As a renter you shouldnt have to touch a single thing..
But nobody ever takes it that far..
You need a love button bc I think these are by far my favorite
Ahhh Thank you!!
Awww
This really helps me!!! Especially since I’m selling my house to start building 💪🏼 thank you. Keep these coming
anytime!
Awesome video! Thank's
Bro I have this fridge in my garage that has this massive gash across the door panel that we bought as is because of the discount works perfectly fine
My dad bought a 1.2k steamvacuum thung for 200 bucks bcs it had a big dent in the corner but you cant see it when its mounted
I was a professional electrician and I still pay 200 to have one of my friends come over to check my work
Because if the house burns down and kills someone you might feel bad 😂
Respect
Done good points, but totslly disagree about landscaping. That's a great way to cheaply increase home value - yes make sure they are low low maintenance.
I’d have to disagree on the fiberglass shower walls. Especially on a rental. If any damage happens, have to buy whole new wall set. Cheap white glazed tile for a shower is not that expensive. Material cost on a tile shower is less than a wall set.
LED is just as bright and more cost effective, especially the ones with the solar panel. The information you posted would of been great in 2010 👍🏾
For a home you pay the eletricity bill, sure. Thats not the case with the majority of rentals though.
@@nicolcacola What Kevin meant are those old, stick in the mud solar path lights, they are horrible.
However I just bought real bright, wireless, solar powered, motion activated, wall mounted LED lights for 8 bucks a piece.
If I try to rent a house and see the landlord put in fake security cameras.... I'm just going to pass on that property
@@cbjueueiwyru7472 why
Nice improvement on the video quality Kevin 👍 Back to the basics !
Thank you!!
Also something PROs do
NEVER go to home depot lol
They go to warehouses for cheaper prices and bulk prices and they usually know someone that can also help them get a deal. Home depot is a rip off honestly