1. Location 2. Floor plan 3. Cosmetic (paint, flooring) CAN BE OVERLOOKED 4. Street traffic , watch different times of day & week 5. Neighbour noises , watch different times before buying 6. Commute times weekdayz & weekend 7 . Do inspections (home inspection report) leakages , ac , heater 8. Dont get new lines of credit 6 month before buying

Definitely avoid being neighbors with team 10 😂

@GrahamStephan

6 жыл бұрын

Their new house is perfect - no neighbors in sight!

@socialmediaview2520

4 жыл бұрын

It's everyday bro...

@tfs4156

4 жыл бұрын

Sucks to be you then

@SarahdayZ

3 жыл бұрын

Made me laugh. I agree

I'm so glad I discovered Graham. It's weird cause in a sense, I've felt like he's been a part of my life. He personally helped me with financial advice for my parents, helped guide me and my fiance to start saving for our wedding and in our Roth IRAs, and now helping us prepare for buying our first home very soon. We appreciate you, Graham!

@GrahamStephan

6 жыл бұрын

Thank you so much!! Honestly, reading comments like this makes it all worth it - seriously, thank you! Made my day!

@dasaint_lydia

4 жыл бұрын

Betttt

@TheDRexor

3 жыл бұрын

@@MRios1128 I'm in Houston, gonna start researching areas soon. Any tips?

@MRios1128

3 жыл бұрын

@@TheDRexor Cypress/Katy area has the best neighborhoods and the lowest property taxes

The tips on noise and traffic are all especially important for light sleepers like me. After a few weeks of restless nights, you are going to want to move if you didn't realize your two next door neighbors were Lil Tay and Jake Paul.

@GrahamStephan

6 жыл бұрын

I totally agree. I'm the exact same way - If I hear ANY noise, I just focus on it and can't fall asleep. Even something like a clock ticking or water facet dripping bothers me. Silence is golden.

@KyleMart

5 жыл бұрын

Try using a fan to drown out the noise.

@bradrullman8587

5 жыл бұрын

if i lived next to those ridiculous dudes id just cover my ears with all of my millions...

@zoramathews

5 жыл бұрын

Same. I can’t even sleep in the room with my dog because she cleans herself at night and the licking keeps me up.

@robertgene9567

4 жыл бұрын

Michael Jay - Value Investing comes

Great point you made about driving to the location at different times of day to check neighbor noise. This is something my wife and I did when we bought our first house. Best time we found to drive through was Friday and Saturday nights.

@GrahamStephan

6 жыл бұрын

Exactly! I didn't do this as much as I should with my newest place, now I have one single neighbor that's just supppppeer loud at night.

When buying LOOK AT THE Property taxes Home insurance Yes the monthly payment from the bank looks easy. They havent added the taxes and insurance for every year. Those will go up every year Maybe not alot but they do Bigger the house, higher the taxes, nicer the neighborhood, higher the taxes

@Preciselylate322

2 жыл бұрын

This is a GREAT tip!!

@catd7547

2 жыл бұрын

So true

That 6th tip is the best!! Thanks for sharing!! I have been thinking about making a video similar. We purchased a house and later discovered extensive termite and water damage. First time home buyers should really make sure that they have a good home inspector.

Do you hate your neighbors? Well a brand new hit man will cost you anywhere from 10k to 50k

@bear573

3 жыл бұрын

These👏are👏the👏things👏we👏need to👏know👏

Good tip about driving the street at different times. Your quiet street could become a racetrack in the mid-late afternoon.

@GrahamStephan

5 жыл бұрын

So true!

I hardly see home buying tips for regular folks looking for houses in the $100,000-$150,000 range. Shocking how many people have $300,000-$500,000+ to blow on a house.

@GrahamStephan

6 жыл бұрын

Same principles apply to $100,000-$150,000! Just on a smaller scale. The strategies won’t change.

@mrb152

5 жыл бұрын

100k wouldn't get you a habitable home in my area.

@arazm87

5 жыл бұрын

$100k won’t even give you a trailer home in LA area where I live.

@arazm87

5 жыл бұрын

All houses start at $450k in my area. $100k won’t give u a trailer home either.

@marcelrodriguez2067

5 жыл бұрын

@@mrb152 100k aint nobody finding a house in my area lol thats NYC for you.

"Ewwwww This Carpet is GREEEN" lol My wife is huge on cosmetics. After she learned buying real estate with equity in it... You want these Green carpets, scrapped up walls and old kitchen... That's good equity possibility right there!

@GrahamStephan

6 жыл бұрын

I totally agree! Someone sees green carpets, I see the color of money 🤑

I've officially been watching Graham for over a year. I now find his videos educational and his voice comforting.

Hello Mr. Graham, Thank you for these 5 tips. You have a point, people only look at the home as is and not look at what they can change such as cosmetic issues. Thanks for these tips and I will certainly keep them in mind.

@GrahamStephan

6 жыл бұрын

Glad it's helpful!

I'm glad that regardless of being a real estate agent he still gives us an unbiased view and advice on what to look for prior to buying a property. Thanks for the tips

Personally I think the 6th tip was the best. Good video.

@GrahamStephan

6 жыл бұрын

Thanks so much!

OMG 0:42 I thought someone put plastic over the windows -- THOSE ARE THE CABINETS!!

@GrahamStephan

6 жыл бұрын

At some point those are going back in style again, mark my words!

@MikeRosehart

6 жыл бұрын

Meet Kevin lol, what goes out of style comes right back in if you wait long enough.

@CaptainCocaine

5 жыл бұрын

Not everything. Those are not coming back, just like avocado green appliances.

@kirstensanford5949

5 жыл бұрын

@@CaptainCocaine I'd get down with some green appliances not gonna lie

Your video comes at such a good timing, I am planning to buy my first property and probably went through half your videos, but this one is definitely one of the best for me now. Thanks!

@GrahamStephan

6 жыл бұрын

Thanks so much man!!

location for me is everything. I live on a block with alternate side parking. I've gotten 3 tickets after forgetting I wasn't supposed to park there. Now I completely avoid parking the block altogether. Our house is also in the valley part of the street. No good drainage so its a swamp every time it rains. The rain leaves behind trash because we're right across from a business. Lesson learned. Location, location, location

Glad I stayed until the end!! Just finished paying off my car

Great content Graham, dropping knowledge that all buyers (especially first time home buyers) should be aware of!

@GrahamStephan

5 жыл бұрын

THANKS!

When I see a big house for cheap I just think there is a ghost and I don't buy it

@duniaollala5583

4 жыл бұрын

But is it true tho? I’m so curious

The best advice I got before I actually bought my first property was "THINK". Think a lot, and about every single aspect of the deal as small as it may seem.

Your videos are always so nicely put together! Love this thank you!

after watching like 50 of his vids, I finally subbed

Great video, not into real estate (yet) but some of these issues I haven’t even thought about .

Such a great video! Thank you so much for your efforts. Ps it was very funny as well. I cracked up when you mention team 10 and Carlos. Lol!!!

@GrahamStephan

5 жыл бұрын

Haha thanks so much!!

Looking through the cosmetic issues can be hard at the beginning, but it's so important to see through it to the potential! Look at the layout, size, the 'bones', and be prepared to put a little work in to make it your own!

I'm considering my first-time home and just KNEW Graham would have a video like this so I went back in time and here it is :D

Graham really heartfelt Thanks for uploading the videos. Learning alot from you with No cost. May the Lord continue to bless you & the great work that you have done. Keep up your passion & Love to share selflessly. God bless. 😍Many Thanks from Singapore🤩😊

Street traffic is huge! I used to live by a very popular road and every night you hear sirens.

@GrahamStephan

6 жыл бұрын

I’m in LA. Everywhere you hear sirens :(

I'm early cuz i finally turned my notifications on

@GrahamStephan

6 жыл бұрын

NOTIFICATION SQUAD FTW - thank you!

@MichaelJayValueInvesting

6 жыл бұрын

Great to see other KZreadrs getting into investing! Have been enjoying your OW compilations for a long time now :)

Simple but absolutely useful video. Thanks, Graham!

@GrahamStephan

6 жыл бұрын

Thanks so much!

First night in my new home at 2:00am a loud noise (I thought was a car crash) woke me up. In my confusion I ran to look out the window only to discover it was a passenger airplane... really loud! Spent the next 15 years putting up with the noise. Make sure your house is not in the airport flight path 🛫

Found a home I loved, thought it was perfect. First night right as I closed my eyes for bed a train horn went off in the distance. It was faint but still made me rethink my decision on my first first night in what I thought was a perfect forever home. The back yard backs up to the woods but it turns out there is a train in the distance that you can hear at night. My eyes popped open so fast 😳. Honestly though I don’t even hear it anymore, but definitely make sure you see the home at different times of day and night haha.

@gamersunited3789

2 жыл бұрын

😂

Hey Graham, could you make a video where you talk about the cosmetic changes to the properties after purchase, and what prices are right to pay to contractors for the changes?

Great practical tips from an experienced agent/investor... thanks for taking the time to share Graham!

@GrahamStephan

6 жыл бұрын

Thanks so much!

Man, I gotta say that I really like your calmer demeanor in this video. Your newest videos with 100's of dramatic cuts, voice modulations and camera zooms all while speed-talking, in my opinion, takes a lot away from the quality of the information presented. I genuinely absorb what it is you're discussing here and with the other new videos it kind of just feels like pandering to a much younger crowd so I find myself tuning out a lot. I appreciate the time and effort you put into them regardless but damn, this was incredibly refreshing..

Maaaaaannnnn thank you for giving me that sixth tip!!!!! I had no idea. I was about to open up a new line of credit by next week. Nevermind 💯💯💯

looking at my first home today this video was super informational thank you.

Thanks for the final tip! Always a good value on this channel!

@GrahamStephan

6 жыл бұрын

Awesome!!

Just a great video and useful for information and it for most really help everyone who watch👍.. and 6th was good one.

@GrahamStephan

6 жыл бұрын

Thanks so much!!

Thanks Graham for this valuable information,trust me i smashed that like for sure 👍

the more I watch your stuff graham the more I like you. Thanks so much for all your great info

@GrahamStephan

6 жыл бұрын

Thanks so much!!

Great points made. I Flip properties and what you say can also apply to that. Cosmetic flips are the best / easiest.

@GrahamStephan

6 жыл бұрын

I totally agree! With a flip, noisy neighbors or long commute times might not make a huge difference - but cosmetic fixers are often the easiest and most profitable!

@KaramKhalilTV

6 жыл бұрын

You bet!

Great video Graham! I agree with the one about not getting new liabilities before buying a home the most.

@GrahamStephan

6 жыл бұрын

Thanks so much!

Great tips and considerations in choosing what house to buy.

These are really good tips. Thanks for sharing.

Your my new favorite vloger.I learned a lot staff to you.Maybe I will be next real estate 😂My husband love living country road and outside town away from neighbors 😂

When you were talking about the cosmetic part, all I could think about was all of those people on “love it or list it” who experience the end of the world when a home doesn’t have his and her sinks

Hey Graham, I was looking to buy my second house and was wondering what your approach was as far as purchasing the property under an LLC or personal. I was considering switching my current property into the same LLC as well to get my personal name off the property info.

Love your videos, advice, and great sense of humor

@GrahamStephan

5 жыл бұрын

Thanks!

Thanks for the video Graham, really helpful!

@GrahamStephan

6 жыл бұрын

Thanks for watching!

Great advice, as usual.

@GrahamStephan

6 жыл бұрын

Thanks Jacob!

Could you list the things to inspect in a home, sort of like ChrisFix inspection list before buying a used car?

@sakhiweshezi

4 жыл бұрын

Thompson Nguyen ChrisFix fan too?

@KK-sv5ky

4 жыл бұрын

His channel is dope.

Bro, I love your videos. Keep up the good work.

@GrahamStephan

5 жыл бұрын

Thanks!

Thanks for these tips. Im in the process of buying my first house.

@GrahamStephan

5 жыл бұрын

Good luck!

That team 10 reference had me rolling hahahaha! Good stuff Graham.

@GrahamStephan

6 жыл бұрын

Haha thanks so much !

It's such an amazing video. In Texas, agents help with first time home buyer mortgages in the best way possible.

Do a video on condo/coop purchases in nyc or any large city. Also if it is worth buying a property in big cities and renting, since the break even might not work out

The differences may be even greater building a house, depending on size, vs something already in place. I living in a rural area and on .78 ac.

0:35 *_GASP_* THAT LOOKS SO AMAAAAAZING!!! >:O I WANT THAT!!!

I sacrificed commute for location and found the perfect neighborhood, but I will say I never considered the toll it takes on the car adding expenses I never thought about.

Coming from the architectural world i would also recommend to check the C.O. of the property and see whats legal and not legal. Always better to get the current homeowner to legalize everything with the building department or use that information as leverage to drop the price

@GrahamStephan

5 жыл бұрын

Very true!

Good stuff Graham. Thank you

This is very helpful and most tips also apply to renting an apartment

More of these on how to choose a good place to buy a rental property.

Thanks for the info!

Hey, I like the list on the right side of the video. Keeps it organized.

@GrahamStephan

6 жыл бұрын

Thanks so much! Yeah I figured it helps on a video like this.

Thank you !!! This can be such a daunting process 😕

Grahammmmm, I didn’t get a notification at all :( The only reason I checked was because I know you post videos on Friday

@GrahamStephan

6 жыл бұрын

Nooooo that's so weird!

I have to say advice number 6 is solid! I actually knew better than to buy a brand new 2019 toyota tacoma prior to buying my second home, although i was able to leverage the first property as it's being rented out, the monthly payment of $600.00 for my truck did open alot of discussion between myself and the broker about risk.. I should of waited, but i got the 2nd loan for the home at a good rate :) so it's all good ..

Tip #6 🙌🏾 thank you!!!

Bring back the bit connect memes!

@GrahamStephan

6 жыл бұрын

Hahaha next one :)

@abirdconcernedforhumankind2345

6 жыл бұрын

@Graham Stephan What am I'm gonna dooo!

2:21 Oh the aftershot is gorgeous! 3:15 the house may have been sold already.

Thanks for making this video bro!

@GrahamStephan

5 жыл бұрын

Thanks for watching!

Your videos are really helpful

New subscriber! Thank you so much for all the information 🙏

Great information for me . Thank You!

@GrahamStephan

6 жыл бұрын

Thanks for watching!

Great advice thank you brother, maybe I'm gonna buying house this year still I didn't make a decision

Always watching through the end of your videos. Definitely the best channel for concise and strong information! And the Jake Paul memes are funny, I did some company work for his huracan recently, and he was with us; he's actually very normal off camera lol

@GrahamStephan

6 жыл бұрын

Thanks so much man! That's pretty cool, yeah I figured he amps it up for the videos!

"Do you live next to team ten?" That clip had me hysterically laughing😂 well done

@GrahamStephan

6 жыл бұрын

LOL thanks !

Had a neighbor that played drums a few years ago. It eventually stopped. The drum players usually move on or grow up and move out...or grow out of playing the drums.

4:30 make sure you see the potential house during a good rain and just after a heavy rain

Work commute is my only real worry, not just concern but worry, when buying a house. Grocery stores and restaurants (regularly occurring things) don't really move, but in my situation my career track could take me a few different directions over the years. One of them involves commuting to a metro area where a 25-30 minute drive with no traffic could be as long as 2+ hours for an everyday commute. And that's just one way. Many people in my area do this because, of course, to live in that metro area is really expensive. Do you pay with your time or your money, you know? It's not always a cut and dry decision.

More importantly, that Exige though 👀😍😍😍

This youtube channel has helped me a lot but i don't think i can invest in real estate in my country because of no mortgage payments and the prices of homes are to high

Hi Everyone, I am a licensed Insurance agent and would be more than happy to help anyone who has any questions regarding any insurance needs. Great video as always Graham and keep up the great work! God Bless!

Subscribed and liked. Great info

@GrahamStephan

6 жыл бұрын

Thank you so much! Really appreciate the support!

Great tips man. Would have never thought of doing these otherwise.

@GrahamStephan

6 жыл бұрын

🙌🏼

I really learned a lot, thank you.

Basic info. BUT. amazing as always and something everyone should be watching in high school and college so they know what to look for before graduating and making 50k/year and are ready to live on their own.

@GrahamStephan

6 жыл бұрын

Thanks so much man! Sometimes the simplest stuff is the most overlooked!

I've been looking through your channel and I haven't seen any videos regarding home equity. If you haven't already, do you think you could do a video specifically on home equity and how to use it for investments and other various things?

@GrahamStephan

6 жыл бұрын

I have this one that's pretty similar to that? kzread.info/dash/bejne/m6mbts2GnMeZh7w.html

@jamesmerone

6 жыл бұрын

Graham Stephan Ahh. Thank you, kind Sir.

Sounds like Bel-Air Bay Club. Nice Video.

@GrahamStephan

6 жыл бұрын

Yep! I believe that was it!

Great video learned sum new things 👍🏾

@GrahamStephan

5 жыл бұрын

🙌🏼

Graham - you should make a video on a rent vs. own analysis. Similar to the one Khan Academy made.

As usual good advise Graham.

@GrahamStephan

6 жыл бұрын

Thanks dude!

Real Estate Ferris Bueller always has such good advice.

Great content as always

@GrahamStephan

5 жыл бұрын

Thanks!

RE: Your 6th tip: If you open credit prior to applying for a mortgage -- in my example, like a credit card that you pay off in full monthly ($2k limit). Is that still as much of a liability? I know you kind of hyperbolized your example so I was wondering how much of a mistake I made getting accepted for this line of credit even though it's not a lot of credit.

When he said 3 things to look for I thought it was gonna be: 1. Location 2. Location 3. Location :P Thanks for the video Graham, I'll be buying my first house soon this was right on time!

@GrahamStephan

6 жыл бұрын

😂 I missed a good opportunity!