I Turned This Into a Duplex! (Before & After) | VLOG
๐ WATCH THIS NEXT: Why I stopped buying single family real estate (& started playing pickleball!)
Have you ever wanted to live in a duplex and rent out one side? Or maybe turn a single family into duplex? Or build your own duplex or multifamily?
In today's real estate vlog I show you one of the conversions I did to do just that!
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– Multifamily Millionaire Part One (Small MF 1-4 units): [ ]( )
– Multifamily Millionaire Part Two (Large MF 5+ units):
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– Richest Man in Babylon: [ ]( )
– The ABCs of Real Estate Investing: [ ]( )
– The Book on Rental Property Investing: [ ]( )
– The BRRRR Investing Book: [ ]( )
– Rich Dad, Poor Dad: [ ]( )
– The Millionaire Real Estate Agent: [ ]( )
– Never Split the Difference: [ ]( )
*some of the above links may be affiliate links, meaning I make a small commission on the sale at no extra cost to you*
Makes sense. To have it at an affordable price this way your tenants can afford it and quality tenants stay longer
Absolutely! Good long term tenants are hard to come by. I’m a long term tenant now retired. My apartment of 17 yrs is no longer peaceful for me because of two residents who are disrespectful w/their music/bass for the past year. And Philly is so regentrified that it’s becoming unaffordable in the city even in the hood causing so many people to have to move. But where? If only I had gotten into real estate when I was younger and still working.
@Yvonne Delories itโs not too late to get into. โค๏ธ
@Yvonne Delories I agree with above comment. It’s never to late ๐๐พ
How come we dont see BM building something
Yes also they can pay monthly. No matter what may arise
This is why I got into real estate investing! When I was a renter I had trouble getting into good housing until someone took a chance on me and it was monumental for my family and I. Now I want to pay it forward!
๐ฅฐyes, I am similar. Sometimes ppl just need a chance.
Hey Latoya Porter, Would you mind helping me out. Im currently looking for a mentor to help me move forward. I have be trying to get a wholesale deal for the last 5-6 months. I haven’t had any results. Its frustating but Im not willing to give up. Any body that has been in my shoes and wants to help out, I would really appreciate it.
How do u get into it? Every advisor I’ve ever talked to wants money that I don’t have unless I get into real estate is kind of a catch-22
No wrong way to approach it, โownerโs choiceโ. I can understand both perspectives on this. Great video, I learned a few things from watching.
๐๐ฝ๐ awesome
I love that you really take time, effort and money to prepare the houses. Very high quality work as opposed to most landlords who rent out a trash of a house and expect to retain renters. Inspired
Hi Miss.
My name is Sarah and I love very much on what you do and I am wondering how do I get to speak with you about my interest in this awesome job you are doing. And I don’t want to attach my phone number and so how do contact you?
Right! My cousin rents a house and her land lord is a slum lord! Doesnโt want to do ish to it, and literally refused to get her a new screen door, told her sheโd have to buy her own ( because she put one up 2 years ago , one that she had her brother make cheaply ๐คจ) but then had the nerve to want to raise the rent!
I just subscribe to your channel, a 65 yr. old grandma. I just brought a duplex and one side we had to totally refurbished. We did tile flooring instead of the laminate. Our tenant now has a brand new apartment. Love to see a young sista living the American dream. I pray for much success!!๐๐พโ๐พ๐
That’s awesome. I plan to do the same ๐๐
Me Too, this is Sista Reyes
Congratulations on your new home, I love this ๐
Could we chat how you started and how long you been investing. Congratulations
๐ โค๏ธ ๐ช
I HATE THE WORD YOUNG SISTA WHY NOT YOUNG WOMAN WHICH MEANS AN INTELLIGENT WOMAN AND BLACK
Itโs my first time seeing you and what youโve done to your garage conversion! It looks amazing! What a wonderful place for a tenant to live. I wish I had a place just like that. Itโs perfect!!! โ ๐๐พ
I would love to have that place too. What a beautiful job you’ve done. This is also my first time seeing your channel.
Lili you are so encouraging. My experience with renting to others has not been a good one but you have encourage me to rethink how I would go about it again. Thank you for doing what you do.
I love how you aim to be a compassionate and reasonable owner. You will be blessed for being fair in your prices, especially these days when so many are struggling to find affordable housing.
This is beautiful. so glad to see you flip a house. It is so nice and affordable, enough space for someone to start a life. Will continue to support you because of the integrity and personality you showcase!
Girlโฆ your priorities are so correctโฆ. Like it that you are thoughtful of someone else rather than profiting in these difficult times.โค๏ธ
I appreciate that this doesnโt have any over-the-top editing or obnoxious music in the background. You showed the home and the process of renovating it, complete with all of the complications associated with it. Great job.
Love the work on the studio and the house. The studio layout is fantastic and love the size of the bathroom/laundry area too with the barn door, really cool. The house is nicely spaced and love the design of the wet room for shower/bath, really nice touch there.
I enjoyed this video. You are very articulate and passionate about what you’re doing, and that shows by the work you do and the considerations you make about rentals. You’re a breath of fresh air!
Some landlords are soooooo greedy, and taking advantage that prices are increasing and they are increasing rents. It is nice to hear that there are some landlords that actually care about their tenants. Many blessings to you!
Just discovering you now but LOVE the real-ness and getting to ride along. I especially appreciate you talking about numbers. I’d like to get into property work and believe in my heart that it can be done ethically – to improve neighborhoods, make lovely affordable places for folks to live in a way that isn’t predatory, and extract some income for myself and the other skilled workers. I’m inspired by your approach.
Love the breakdown Lili. I’ve gradually built my finance and made my first $100k through investing as a single mother juggling work and nursing school, and with what Iโve learned investing, given enough time, solid investments have the potential to double the initial principal amount, but many investors are instead attracted to the lure of high yields in short periods of time despite the possibility of unattractive losses before even getting out. So the onus is on newbies to beware.
What ways would you recommend to someone who has no experience whatsoever and looking to make some money investing?
@Bernad Shrimp As long as you diversify your portfolio, any single stock that you own shouldnโt have too much of an impact on your overall return. If it does, buying individual stocks might not be the right choice for you, as you can also try out the Roth IRA or I series bonds. Even index funds will fluctuate, so you canโt get rid of all of your risk, try how you might. With guidance, these are achievable. Levi Clemans, a pro Fiduciary oversees my portfolio. You can look him up online, and connect him.
@Olivia Haviland Thank you for this tip. it was easy to find your coach. Did my due diligence on him before scheduling a chat with him. Also, brilliant rรฉsumรฉ I must say! Got started right away!
Another gem about is that successful investment is never about being right. It’s about doing thee right thing and sticking to “YOUR” plans and strategies. That’s what smart investors do.
I have not written this sort of comment before but I feel compelled to. Just wanted to let you know that youโre doing a great job Clemans. You have made a difference in my understanding of the stock market.
This property is super cute and very well put together – those bathrooms are everything! Its awesome that you are pricing your rent at an affordable price, you are giving someone a great opportunity and helping them to be able to live in a beautiful home without a ridiculous price for rent. Great job!
This vlog is the first one I’ve seen of yours. Great video, and quite inspiring! It was refreshing to hear how orderly you are and the team you created. Thanks for showing your renovation. Tremendous job in overseeing this project! With your energy, self-education, and skills, you will be even more successful than you are now. Hats off to you! ๐
I love seeing it all. This is NOT an easy job. It can be very tedious. It’s a mental and physical job. You show that WORK is necessary, regardless of which hat you wear atm. But its worth it for personal reasons and it helps your community
Love it โจ๏ธThis is exactly why I live in an RV ๐ So much easier to connect with nature, save, invest, and happily live a fulfilling + minimal life !! Thanks ๐
Inflation and Recessions are part of the economic cycle, all you can do is make sure you’re prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I’m a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years………..
Let’s face it… buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k i want to transfer into an s&s isa but its hard to bite the bullet and do it.
You need a Financial Advisor my friend so you don’t get ripped off in the market. They provide personalized advice to individuals based on their risk appetite, placing them among the best of the best. There are bad ones, but some with good track records can be very good.
I agree with you totally, Yes they can be positively impactful to an individual’s portfolio. I started with a trust Financial Adviser named ” ROCH DUNGCA-SCHREIBER* “. She is verifiable and her work ethic complies with the US Investment Act of 1940. Her approach is transparent, allowing full ownership and control of my portfolio with very reasonable fees relative to my portfolio earnings.
I know I’ve wanted to start investing for a few months, but just haven’t had the courage to start because the market has been down for most of this year. Please how can I reckon with such skills and what are his services like?……
She covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that. You can take a look at her full name on the internet. She is renowned. So it shouldn’t be difficult to find her official webpage