| by Kenneth Chase | 15 comments

Best Rental Properties


15 Comments

Frank From Upstate NY

Jan 1, 2017, 10:19 pm Reply

Dear Tim,….it all comes down to rental price to get to one's projected ROI…..if I buy a $250K house in Albany or Saratoga NY…and get x3 rentals at $650 each…and the mortgage is $1350 a month – my cash flow then becomes about $500 per property. In an area where people want to live,….where jobs pay well, safe, etc.

If one buys a dump….and needs to put in $50K in work…to get rents in a house that only commands $650 a month in totality….I don't quite see the logic.

David Waddleton

Feb 2, 2017, 7:32 am Reply

i live in Los Angeles and everyone says dont buy far away. it will be a nightmare to manage if its far away. Im trying to get a heloc and get a second property. id prefer to have it driveable so I can fix hands on BUT I want in the end to maximize ROI. where do you suggest?

Dyllan Kerr

Apr 4, 2017, 3:32 am Reply

Hello Mr. Morris,

I recently stumbled upon your channel and I find every video interesting and helpful. I am very interested in finding some properties that I can rent out when I graduate college. Like you, I am interested in the $20,000-$60,000 price range. The more I shop around the more I see how much the square footage varies with each property. My question here is what is a good square footage for a house that costs $40,000 and needs a $10,000 rehab?

ryan g

Jun 6, 2017, 3:45 am Reply

Great Video..Love your background music at the end!!!

Cdogvlog 55

Jun 6, 2017, 6:00 am Reply

I am thinking that when I'm done paying off my house I'll buy a rental property 7 hours drive away but i think that is too far.

Henry Real Estate Investments

Aug 8, 2017, 1:13 am Reply

I have found a 7 unit apartment building in a small incorporate community with a small population of only 356 people out side of johnstown, PA. It's a 7 unit for $10,000 and some are move in ready. What's is your thoughts would a place that small be a great area (Dunlo, PA)

Tony Culotta

Feb 2, 2018, 3:40 am Reply

I was watching one of your videos. They're all great, but you were mentioning how you don't like Condo's and HOA's. You said you'd talk more about it in another video but I've yet to find that video, if it exists. Can you give me a brief reason for your dislike for these types of properties?

Mark Peacock

Feb 2, 2018, 6:05 pm Reply

How do you know if an area has a good market for rental properties? Are you looking at home ownership rate in that area to determine? And what would be an ideal home ownership rate to make you consider one area a "good" area to invest in rental properties? Thank you

Nasir Rahim

Apr 4, 2018, 12:13 am Reply

Good day sir, I love your videos. Very informative. I’m looking at purchasing a triplex 3 unit Home for 35.000. What are your takes on a duplex or triplex?

Shannon Conrad

May 5, 2018, 5:42 am Reply

Eye roller! Haha

Walt

Jun 6, 2018, 11:32 pm Reply

Are there different taxes per state? I am just wondering how that corresponds to owning out of state properties. I'm working on watching all of your videos, and WOW!!! What a great library of information you have given us. Thanks Clayton!!! If I ever use turn key real estate, it will be with you!

The Twin Home Experts

Jul 7, 2018, 5:01 am Reply

the challenge with "C" properties ,is tenants dont care about there credit .
"A" properties will have good tenants that care about there credit ,meaning you will get paid .

Dan Comeau

Aug 8, 2018, 1:37 pm Reply

My wife and I recently sold an investment property with a strong equity position and we have the funds in a 1031 exchange. I spoke with a portfolio manager representing your company (who I understand also works in an independent investment company in Chicago). I was told that your inventory is very low, many of your target areas are being saturated, and that purchasing higher priced investment properties with much lower ROI is our only option. I hope his opinion is less about up-selling and more aligned with our fast approaching deadline to identify properties req’d by the 45-day declaration period. Our conversation gives me pause though because as I reviewed your more recent YouTube vids you are still advocating the $40-$50K properties. I’m still hoping to purchase 3-4 properties in the $40-$50K range but I have been unable to connected with someone who is currently advising the same strategy that allowed you to accelerate your financial freedom. Are there any folks who have been disappointed in their purchases and are open to selling? I’m exploring all options with an optimistic attitude and I would greatly appreciate some direct feedback if at all possible. Respectfully submitted, dan

John Adan

Feb 2, 2019, 11:50 pm Reply

Clayton what about multi family properties

Evan Cagle

Feb 2, 2019, 7:33 pm Reply

Hey Clayton, what do you make of the Richmond, VA market.

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