How to Buy Your First 4-Plex (step-by-step)

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Information How to Buy Your First 4-Plex (step-by-step)

Title	:	How to Buy Your First 4-Plex (step-by-step)
Lasting	:	13.31
Date of publication	:
Views	:	68 rb

❤ sending my love❤ thank you
Comment from : Julie Anderson

Ok, but how does preapproval work when trying to use projected rents towards approval if you don’t know which property yet? ?
Comment from : GTCam

About to close on my first 4 plex and now need to find a management company Your calculator helped big time
Comment from : Mauricio Sosa

Retrading (re-negotiating) is poor ethics Trash advice
Comment from : Aaron M

Since you have to put a big down payment for the 1st one , how do you invest in 2 or 3brMore afterwards ?
Comment from : Sashika De Silva

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them We can get by, but can't seem to get ahead My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for
Comment from : ARTHUR LESTER

Great video, I learned a lot from you today! I have quick question, I never bought a property so this will be my first time, but I am doing my homework before I start According to your video, once you have your multifamily property, why would you recommend getting a Management Company? I heard thru other YouTube videos once you buy a multifamily home and if I decided to continue working, I will end up paying more taxes, and the only way to get away from paying taxes if I am managing my own property? Help me make sense on this, please?
Comment from : Ruben Rodriguez

Could you help me walk me through a purchase, I found a deal in Orlando
Comment from : Yesenia Fernandez

I’m 55 seconds in and subscribed, liked and hit the bell! Please be a good video! 😂
Comment from : Taylor Marie

Bro keep saying nitch is getting too me 😂😂
Comment from : Chris Bolden

Thanks Short, sweet and to the point!
Comment from : Lorena Zaragoza

Thanks I just UNSUBSCRIBED from the “other real estate guy” for you You are extremely HELPFUL I just subscribed!!!!❤❤❤
Comment from : Sun Flower

What’s the best loan to try and get as a first time home buyer FHA ?
Comment from : aaron daniel

Definitely not pre approved for a multi family College student & 4 plex is $500k brbrHow on earth is it doable for someone like me? br140k is my pre approval no co signing is possiblebrbrI was told income generated from other units can help… Any suggestions?? brbrSuper frustrating since my income is junk and I’m overwhelmed in Las Vegas Cant even afford a single family
Comment from : Its Rafael

Great info
Comment from : JahJah Banks

Thanks for the info man, very informative and you got a new subscriber
Comment from : Don Duke

God bless you chandler
Comment from : Valentin Lozoya u

Thank you for the information!
Comment from : MidAmerica Aviation

Cant find the app on the goovle app store
Comment from : Andre Mckenzie

I just made an offer on my four Plex in California hopefully I will get lucky and get the property
Comment from : Quang Vu

Don't you need a property management ready at pre-approve to know the rents are going for and expenses will be?
Comment from : Gibs

I appreciate how informative and well-researched this video was It's clear that you put a lot of time and effort into your content
Comment from : Door Diaries

Hmm I’m new to this With not so good credit But if I can learn how to get a fourplex my life would change
Comment from : KiLo2CaLi Playlists

Please help, Can I ask you a question on the side?? Going to make an offer on one!
Comment from : Cody McCormick

looking for a 4-plex in Huntsville AL and surrounding areas for 300000 and was pre-aproved and got a 35 down and was wondering what website shows 4-plexes on sale before they go on market
Comment from : poolshark666_6

Great advises! Thanks
Comment from : Luis Rivera

Deserves more views
Comment from : Ro

Do you think this video is still applicable Chandler?
Comment from : Ashton Alexander

Great video, I want to do this whole process is just everything is so new and there is always that feeling that you don’t want to take wrong decisions
Comment from : Robles2812

I have bought a four plex in the past and even with a good cash flow there were always vacancys and repairs If anyone buys one they need to be prepared for vacancys and repairs because all the get rich schemes wont mention this and many have given their house to a flipper because they did not have the money to fix the property and the hobos inhabited the property while the city fines the owner for trash on the property
Comment from : targetguy777

After few minutes it was clear that you do not know anything about buying multi-family You terminology is all wrong and vague Multi-family is bought as a business and its evaluated on its cash flow No bank will talk to you before you find the property and bring the financials of that particular property Few have the financial "income" to support "pre-approval" for few hundred thousands or couple of millions
Comment from : Al Green

I’m planning on using my VA loan to purchase a four plex
Comment from : Kobe Sills

If not this year next year ill be ready baby
Comment from : Ash Og

How big of a Lot do i need to build an adequate, appealing quadplex with 3 beds, two baths per? Thnx
Comment from : J W

Thanks Sir Very informative
Comment from : Tweety Bird

Thank you heaps Chandler
Comment from : Gareth Rubery

I’m single mother no help ! I don’t have any property I live in a little apartment and I’m watching this videos cause I want to buy my first property I want a fourplex and keep going ! I’m a massage therapist and my body and hands hurts all the time !
Comment from : JohannyGuillen

"Step 1: have money!" Yeah no shit
Comment from : R

Proverbs VI
Comment from : Professional Fundraiser Division

Love this video given me a lot to think about always thought of investing in a small building
Comment from : joanne garcia

Great video ! I wish u were in Vancouver to coach a Newbie like me
Comment from : Rita Hogikyan

Thanx for the information! I really enjoyed this video
Comment from : Galvin Ferguson

Great video But idk if ive ever heard the word niche so much, so fast in my life 😆 great content as always! Thanks chandler!!
Comment from : theregionalJ

This was reallllyyyy goooood!
Comment from : bishop radway

This is a wonderful video fast past and informative no BS
Comment from : Rob Taylor

Thank you Very informative!
Comment from : Mark Alexander

Why aren't more builders building new fourplexes? Why aren't new construction buyers getting them built, and renting out the other units? What is the way to win with new construction builds?
Comment from : D L

Good video Thanks for creating it
Comment from : Live Free

I bought my first fourplex on April 20th, 2021 after being inspired by this channel It's appreciated about 53 and generates about $550/month with another $500/month staying in the account for future expenses I had a rough start with a borderline criminal management company and it took about 10 months before I realized what was happening and replaced them with a company that has been absolutely killing it ever since! If anyone is watching these videos and having doubts due to current market conditions or for ANY REASON, please take this post as a testament to the viability of the information in these videos I used Chandler's rental calculator app and emulated his property evaluation strategy exactly in order to make a final decision on the fourplex My financial situation has completely changed by following the advice here I had a net worth of around negative $60k last year due to student loans and today that number is over $100k That appreciation is largely due to raising rents from $2,525 to $3,275 Hoping to have them to $3,600 by January 2023 Best wishes to all of you who watch these videos They can lead to POWERFUL results Big thanks Chandler!!
Comment from : Jake D

Wow That was chalked full of gold nuggets Thanks so much!
Comment from : Jenna Smith

Love your knowledge on real estate and course The best thank you my brother
Comment from : AGTJ

I enjoyed this video it was easy to follow and I want to build my rental property portfolio and this video step by step process will ensure I do it correctly!
Comment from : 914501149

I own a few properties in Iowa and one in Pensacola FL Never raised rent on a tenant or charged for application fees or late fees Always gave the full deposit back I try to not stress people financially especially if they are college students or have kids In return the leave my property in better shape than I gave it to them I could have made a few thousands more squeezing every penny out of them, but the sense of reward I get by treating them like humans is priceless to me
Comment from : Mohammed Abu-Hasan

How do you get banks/mortgage companies to approve a multi unit property with an FHA loan? In KY some lenders act like you're stealing something and refuse to approve multi unit mortgages on FHA
Comment from : Ultimate Matty