As Robert Kiyosaki says “he’s not a best writing author he’s a best selling author” and the salesman first model is 100%, nothing comes to you without other people wanting to come to you - in the end it’s their money your trying to earn

Thanks chandler! Your on a roll with these latest videos I loved them!

Praying for you and your family!

Hi Chandler!! Great video and thank you for all the information you put out there! It is really helpful. I wanted to ask, do you have any recommendations for sales training or podcasts we can leverage?

Great advice I’ll take it to heart

He is right about being a salesmen/saleswomen. No matter what you do, your gonna have to know how to sell in some way or fashion.

I believe what he is saying as being a salesman is starting your own business as well.

@Chandler Do you place your properties into LLCs or have you found that an umbrella policy works for you?

I truly enjoy all of your videos. Very informative. Are any of your strategies doable for single moms on a tight budget?

Great content. Officially liked the video when I heard little soldiers!

Hey Chandler, I am glad that I found your channel! I really love hearing your advice!

This was dope

G.O.A.T 😼Keep it up

If your portfolio is residential 125 to 200 families are paying for your lifestyle. Pretty Excellent.. way to go? The hedge funds own 1/3 of all the residential real estate in the United States. They are pricing working people out of the housing market. I'd explain to you how to fix it but I don't want to be such a buzz kill.

Wow wow good brother TNX

Hey Chandler, after living in a property for a year my fear of buying another property means being responsible for 2 mortgages if I can’t rent the one I’m in now. Would you recommend renting something for a bit while trying to rent out your primary?

@peterc2696

2 жыл бұрын

Try looking for multi family Homes where you’re living in the same property you’re also renting so your mortgage on it is minimal or absent. Also it’s a good rule of thumb to have at least 3 months if not 6 months worth of mortgage and operating expenses saved up for the property before investing in it.

What are the REAL statistics when it comes to door knocking for your company? What percentage of new door knockers will still be employed by your company 1 year after day one?

#Truth ... #Facts

Rentals only bringing you 200-500 at best per door cash flow... 20k passive income you have insane amount of doors and complex financing and huge responsibilities...

@zibtihaj3213

5 ай бұрын

THE key is to find the real good deals and than ...make a deal where there isnt one. Say buy property knock down and make units on it .... scale slowly but surely, if you stay in the market you will come across great deals and also come across a down market where you can buy better deals..... and also price appreciation over time. Stay in the market for long

First like. Let’s go!!

it is important I know how to spread my portfolio, can someone suggest a good way to build my wealth through stocks in this economy

@Prissy4554

Жыл бұрын

I have introduced you to Mr john kin larry with the large public eye, I looked him up and did my findings and now I have accrued over 670k USD in profit, I think you should look him up.

Not everyone is born to be a salesman. Selling yourself vs selling a product or service is completely different. Ryan pineda even says that even if you're not the sales guy you outsource the work. Now ofc you need to have some sort of good communication skills. It would be a lot easier and more sensical for someone who is bad at sales to stick to what they're good at rather than trying to master a skill that might take years to do. Pushing this false notion that a gimmicky sales job is the only way out is hogwash. There are a plethora of small businesses you can start on the side that will increase your income. Quit Pushing what has worked for you must work for everyone else.

@Matthewz1120

Жыл бұрын

Yo chill

@jonnychandler642

Жыл бұрын

Boo. He was super broad about selling and completely right. Even Ryan Pineda sells on who he is. This looks like a big paragraph describing an excuse.

Chandler, love your channel. Hope your wife is doing well. Jeremy

Smart dude

I will forever be indebted to you you've changed my whole life continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs. Kathy Wilson

@Alexwilliamskenneth

Жыл бұрын

I'm new at this, please how can i reach your broker

@victoriarodriguez3985

Жыл бұрын

@@Alexwilliamskenneth You can communicate with her on telegam with the user name below

@victoriarodriguez3985

Жыл бұрын

investwithwilson💯

@Alexwilliamskenneth

Жыл бұрын

@@victoriarodriguez3985 Thank you

The real question I wanna know Chandler, where do you get your tee-shirts? Always looking fresh.

@jacobkeim685

2 жыл бұрын

Chandlers T- Shirt is from BYLT ! I can help you meet Chan. I work with him as a sales rep ! 😉

@ryanwoods7974

2 жыл бұрын

@@jacobkeim685 word! Thank you bro! I went to BYUI and met Chandler as well. I do software sales now!

@jacobkeim685

2 жыл бұрын

@@ryanwoods7974 Nice… what company ?

@JakeChaykin

2 жыл бұрын

@@jacobkeim685 How do you become a sales rep of his?

Not arrogant at all-extremely helpful. Thank you

What is your take on investing in mobile homes especially mobile homes that come with land???

Quite informative content. Investing in dividend stock and other forms of investment now should be on every wise individuals list, in some months time you'll be impressed with the decisions you made today.

what happen if you have a family that you cannot live in fourplex?

@InvestAndGrow2020

2 жыл бұрын

With that mentally you’re fucked by that alone. Good luck

Would you be able to unlearn all the skills and knowledge you've gained over your lifetime if you started? With this skills and knowledge, you already have an unfair advantage vs other people who would start the same journey !

income and quilfy for loans and todays prices ,

1) Live below your means! "Fool and his money are quickly parted" If you don't understand this, no amount of income is going to help you. 2) Increase your income without increasing your lifestyle! Otherwise, you're still in a hamster wheel except it's a little fancier wheel than before.

@ChandlerDavidSmith

Жыл бұрын

A lot fancier 😜

What are a handful of scalable commission sales jobs? Besides D2D (pest control & solar) or life insurance. I’m looking for a new scalable sales career and would love to hear people’s options.

@tonyh1345

2 жыл бұрын

Account executive in software sales. Preferably a job that pays you residual income based off renewals

What's up Chandler let's go.

Comment for the alg

Do you reinvest any of that passive income?

@WeekendHandymen

2 жыл бұрын

You would if you want to scale quicker

@ChandlerDavidSmith

2 жыл бұрын

Not really honestly. I make a lot of money out side of my rentals that I put in to investing. Cashflow is my fun/life money

ALL the gurus teach you to pull loans on multiple properties..for 30years each..that's alot of debt.and time ...is there a plan to ever not be in debt?

@HappyCleanersWA

2 жыл бұрын

The plan is to create cash flow , this is a good debt. You could get 5 houses and then focus on paying them all off

@jayc4715

2 жыл бұрын

@@HappyCleanersWA 5 houses would be 30years Debt on the first .and then a house every other 2years..so 30..32..34..36..38 years of debt.. that's 30-38years you'd need to be in debt and hoping you have no issues with tenants and the properties

@HappyCleanersWA

2 жыл бұрын

@@jayc4715 you can play it however you want. I’m 2.5m in debt but don’t care because I’m making $3200/mo in cash flow from that debt. Could take the profits and pay the properties off faster to increase cash flow but if I’m borrowing money at 3% I’m in no hurry to pay that loan off. Would rather use that money to acquire more good debt.

@jayc4715

2 жыл бұрын

@@HappyCleanersWA yea..i guess you could keep doing that and then start paying off debt or selling later in life.. I just hate owing money..but I need to learn to use debt

@HappyCleanersWA

2 жыл бұрын

@@jayc4715 embrace it , cash flow makes real estate way less risky. You could always save and do all cash deals but that would greatly slow you down and remove one of the greatest benefits of real estate - leverage. You can put $40k down on a $400k property and have your tenants pay off your mortgage, you secured a 400k asset for 40k and it will probably be worth 700k by the time it’s paid off , not to mention all the tax benefits. Best of luck!

This video is pure gold 👑

Focus, set the stop prices and won’t overpay in the biddings.

Hi Chandler, what if you already bought a house with an FHA. Can you qualify for FHA a second time, or i will need to keep my dollars together and come up with 25% plus reserve.

@yoelfriedman4157

2 жыл бұрын

After 1 year, you can do it again!

@oz1018

2 жыл бұрын

@@yoelfriedman4157 i was rejected and their argument they were considering it as an investment and for an investment the requirement is always 25%.

@tayotabi

2 жыл бұрын

@@oz1018 Did you say that the new house will be your primary residence? You'll need to move into the new home for at least a year. If you're planning to live in the new home and it's a single family residence or up to 4 units there's no reason that they should require 25%. Try a new lender.

@yoelfriedman4157

2 жыл бұрын

@@oz1018 The concept of only putting down the 3.5% percent is only for owner occupied housing. The idea what I meant that after 1 year you can move into another purchase with 3.5% down and the current one your living in becomes the investment property.

@oz1018

2 жыл бұрын

@@yoelfriedman4157 I see it is all about how i phrased it to them. I did not say i am planning to live in it. thank you guys

You got the dancing fruit music as your intro music lol

Having a job is not starting from $0. Try having no bank account no id no money no assets and no contacts.

Great video!!! I found my scalable sales job now it’s time to find some deals!! On a side note. Chandler, I liked when you were talking about reverse engendering how much money you need to buy a certain amount of real estate and how much income it would spit out. I would like an in depth video on that topic. Subscribed ✅

@austinberlick3844

2 жыл бұрын

Hey Daniel. I’m looking for a new sales career. What’s your scalable sales job?

@danielcastaneda1209

2 жыл бұрын

@@austinberlick3844 I’m an insurance agent.

@austinberlick3844

2 жыл бұрын

@@danielcastaneda1209 what kind Of insurance?

@danielcastaneda1209

2 жыл бұрын

@@austinberlick3844 I work for a broker as an independent agent. I am able to plug in clients information and see every available insurance premium for the same coverage and I use that to my advantage during my sales pitch. Clients would rather buy from me rather than a progressive or a State Farm for example for the simple fact that those companies have a fixed rate to what their company can offer I can see what every company can offer and give my client the best rate. Although I did start as a captive agent working for State Farm and was able to make pretty good money. It really about being knowledgeable, trustworthy and working hard. And just some advise if you work a sales job be up at least 2 hours before you speak to any client and read at least an hour before you leave you house. These two things have tripled my income in the past year.

@jalabi99

2 жыл бұрын

@Daniel Casteneda reverse engineering

Great video!!

Did your wife ever work? I was wondering how you made it so big. 😊

We often overestimate what we can do in the short run but underestimate what we can do in the long run.

How do you overcome the banks saying your 100% commission we don't want to give you a loan because it's not guaranteed. I've been with ADT outside sales for 6 months and the banks told me it would be hard if I moved forward

@HappyCleanersWA

2 жыл бұрын

They will loosen up after 2 years. You can get loans based off the potential rental income of the property rather than your finances, it’s structured more like a commercial loan but it’s for residential properties.

@MIAtown09

2 жыл бұрын

How much do you make with adt?

super helpful

😌

Thank you for sharing Chandler!

This is all part of my plan. Don’t love what I’m doing now but I’m on medical device sales and am on track to make 2-300k in about a year. Want to do it for about 5 years then buy a couple real estate properties and buy a company for about 400-500k. Been studying acquisition and real estate for about 5 years and will continue. That’s my plan!

@twincherry4958

2 жыл бұрын

Who hired you for that?

@astrahl

2 жыл бұрын

@@twincherry4958 Stryker

Hey Chandler this is an IMPORTANT question I found 4-plexus BUT they all super old 🙄🙄 What year/age would the 4PLEX you looking for have to be?? Thank you brother! God bless you and bless your family 🙏🏼🙏🏼

Great video

E

People be making $20-$25 an hour as an average? I’m stuck with $17 now I feel extra poor

@astrahl

2 жыл бұрын

Ya man 20-25 is about $50k a year which is average for an adult

@Playrough_Havoc

2 жыл бұрын

@@astrahl cries in $32k

@landonstark5605

2 жыл бұрын

Look around there is an employee shortage. Maybe you can find the $20 - $25 dollar job in your area doing the same or another job your interested in. Heck check out a property management company and get a higher wage and learn the rental business at the same time.

Hey man Aptive has tried HARD to recruit me after they showed my passion to sales, but I started a business because sales, well, is the way. No I’m a handyman, but when my customers ask me how to get rid of pests, I just tell them to caulk every crack of the house and that bugs can’t get it, because I’ve seen it time and time again. So I can’t agree with selling someone something that I believe to be ineffective in the long run…. BUT you are right on everything you said. Sell what you believe to be the best product is out there and that’s just it. Love your content chandler, you’ve successfully made me consider slowing down from my business to try a sales gig again.👏🏽

@jacobkeim685

2 жыл бұрын

Nooooo, don’t caulk the holes cracks and weep holes. The house needs to breathe so it doesn’t build up mold and different bacteria. There is a reason for pest control brother

@dylanstevens5714

2 жыл бұрын

@@jacobkeim685 get a dehumidifier my man, it’s that simple. Whether the house breathes or not, you should invest in a dehumidifier. There are other more effective solutions to your problem brother

@jacobkeim685

2 жыл бұрын

@@dylanstevens5714 the fact that I even have to argue with you is pointless! Go do your research buddy

@dylanstevens5714

2 жыл бұрын

@@jacobkeim685 Woah buddy, no argument, just an unacknowledged guy trying to put in his 2 cents on pest control, if u got mold and bacteria growing in ur crib , you’d might wanna check your AC

@dylanstevens5714

2 жыл бұрын

@@jacobkeim685 and I understand you work with chandler. Job security’s important bro, I’d be saying the same things if I was you. Best of luck buddy

Everything was really good! And I have to say that “Keep focus on the goal” it’s what I believe is one the most important thing 💪🏻 Thank you!!

4th!

I make 30,000 a year. And I own a house and have multiple income streams. Paying down my mortgage rapidly. Investing in my roth ira. And things like that. So I know it is possible to do it. Just because ur a low income learner. Doesnt mean u cant do it. I dont believe I'm in a hamster wheel. Even at 13 dollars an hour. U can do it

@brandonlifefamily8331

2 жыл бұрын

That's right. Keep it up!

@twincherry4958

2 жыл бұрын

Huh? 30k? How much does the home cost?

@jazzyboydc

2 жыл бұрын

@@twincherry4958 60k.

@headPokemon3126

2 жыл бұрын

Yes!

@michaelhanderson-wealthcre8155

2 жыл бұрын

@@jazzyboydc that’s awesome. What do you do?

Getting a 4 plex where the numbers work is basically a pipe dream at 2022. Too many big players that can swoop in with all cash offers. Hell even finding a 15% coc return single family can take months and getting an offer accepted is a whole different challenge. Not saying it’s impossible but damn it’s hard

@deshtruction33

2 жыл бұрын

Look at markets 30min to an hr away from the heavy competition and you’ll find those deals. You’ll likely also have less competition and ability to negotiate good prices. Just be sure to understand rental demand / population growth. You got this bro.

@LolaNeverLeaves

2 жыл бұрын

I agree, ive been looking for a rental property that has 10% COC return for 2 months and its not possible so far

@jalabi99

2 жыл бұрын

"Getting a 4 plex where the numbers work is basically a pipe dream at 2022." That's not true.

@astrahl

2 жыл бұрын

@@jalabi99 How many have you closed on this year where the numbers work?

@fritzpouyot9672

2 ай бұрын

In my area, most investment properties are 5 % cash on cash. I did a comprehensive survey recently. The top performing opportunities were about 8%. If you have to borrow money (leverage), then forget about RE nowadays. The interest will kill any profit, and then there are the risks of high repair costs, scary rent control regulations that di not allow the income to keep up with property taxes (up over 15% in my area), insurance rate hikes, increases in maintenance cost... Now there are talks about taxes on vacancies to bring rent prices down. Property prices always going up is a dangerous myth. There are times when property prices go down, or certainly don't keep up with inflation. Banks are making it more difficult to borrow money, the banking system is more at risk these days, governments are more desperate to tax and go after 'passive income' earners. The US government has reached a never seen before level of debt, close to 130 of debt to GDP, so they tax more and depreciate money more as inflation/hyperinflation (or making money worth nothing) is their way out. Same type of pattern for many governments. What has worked from 1990 to 2022 is not likely to work for the next 10, 20 or 30 years. We are heading towards stagflation, economic stagnation, asset depreciation and sustained high (real) inflation. Governments are going after the middle class and people making money to levelized down. Only the super rich appear to have a real chance.

This is the second video that I’ve watched from your channel, and honestly you got me thinking…. I’ve always said I would never go into sales, but I think 2022 is the year I will give it a try.

@ChandlerDavidSmith

2 жыл бұрын

Do it!

🤑😵‍💫🤑👌✌️👌

I’ve tried to look at cutting my expenses so many times in the past. And every time I come to the conclusion of “I’m just not willing to go without these things”, so everytime I’m reminded to keep working on increasing my income. So many people go through life complaining about the cost of everything going up, putting all of their energy into that, instead of focusing on making yourself more valuable to increase your income.

good avices

It also helps that you started at the bottom of the market just after the recession, and are now at the height of the best market in recorded history just ten years later. My issue is that I started at the same time as you, but didn't have near the income as you, so my growth has been much slower. that and my analysis paralysis has kept my growth down from where it could have been to this point. one question I have is, do you see the market growing indefinitely? do you ever have reservations about a crash, and hesitate because you don't want to go all in at the height only to be over extended in a crash? What factors do you rely on to calm the fears of losing it all in the chance of a crash right after buying? My concerns lie in being able to provide for my family if I do lose it all. I fear the jump. I was once far less risk averse, until I had a family relying on me for everything.

@davidwilliams1326

2 жыл бұрын

These are great questions! I’m sure he has those same concerns but is a longterm holder with liquidity and fixed rate terms… so a crash would suck but not wipe him out.

@scottb4509

2 жыл бұрын

@@davidwilliams1326 i get the concept of not being worried about sales crashing if you arent selling. But more so worry about rents crashing if sales crash. Generally renta follow sales, because rent tends to be roughly 110-120% of mortgage payments, and if someone could buy a home with a payment of 50% that of rent then rents would be forced to drop to keep them rented., and if you bought at the height and have an enflated payment, but rents drop off, following the market, then it wouldn't matter if you planned on holding long term, because the property would not longer sustain itself. I get that these extreme drops don't generally happen in normal ebbs and flows of markets, but our current market is anything but normal, and as in the last recession even rents dropped when the housing market fell apart.

@da324

2 жыл бұрын

@@scottb4509Seems you had the same fears when the market was more favorable for buyers.

@scottb4509

2 жыл бұрын

@@da324 i was much less fearful when I first started. But also had much less income to throw at it. Different things have held me back at different times.

@ChandlerDavidSmith

2 жыл бұрын

Risk and fear will always be there. I’ve taken on the mindset of preparing for the worst case scenario in the way that I shop deals and set aside reserves. Things won’t stay perfect forever and I’m sure we won’t really see it coming when things to start South

Unpopular opinion: this guy got lucky with the benefit of the federal reserve printing money and increasing asset prices with combination of getting risky Adjustable rate mortgages. If you listen to successful real estate investors like Ken McElroy he even says to never get adjustable rate mortgages. This guy did good but at high risk if inflation proves to be worse. It is fact that wages are not keeping up with inflation and this will only get worse rents can’t go higher than wages and rates will be higher than inflation. I hope this guy gets knowledges about macroeconomic he’s just to young to be giving advice.

@brandonlifefamily8331

2 жыл бұрын

The fed has been printing money ever since the dollar was invented and if you look at rent prices and housing prices on a historical chart they have always been increasing. I think you should rethink your position and talk to real estate investors who have been in the space since the 70s and 80s.

@supremo4433

2 жыл бұрын

@@brandonlifefamily8331 housing prices always go back to its historic trend line in real terms nominally it can go up but not real terms that just shows how little you know about anything economic related

@brandonlifefamily8331

2 жыл бұрын

@@supremo4433 I wasn't trying to tell you how much I know.. markets always go up and down, but if you always sit on the side waiting for a dip you will always be late to the game. You can always buy value add properties and get under market value. That's one fo the beauties of realestate, you don't have to wait for your trend line pullback. ;-)

@supremo4433

2 жыл бұрын

@@brandonlifefamily8331 that’s not the point. The point is young investors are getting into adjustable rate mortgages with huge debts not realizing what’s going on with interest rates and inflation.

@brandonlifefamily8331

2 жыл бұрын

@@supremo4433 may cause the market to come down.... What's your opinion ?

Amen! Get paid for what you can produce, not for the hours that your butt is in a chair.

i think something you should make more clear is how much you made at your day job and youtube to be more transparent on how you purchased your 20+ mil in real estate. that would give people more perspective on what they need to be able to get to where you are at. right now im making 400k+ in my day job and im only at 2mil in real estate.so you must be making wayy more.

@twincherry4958

2 жыл бұрын

400k? That's crazy much

@Kor_ay

2 жыл бұрын

@@twincherry4958 you still need 250k+ (after taxes) per 1m of real estate

@twincherry4958

2 жыл бұрын

@@Kor_ay Down payment is 20%- 25% down, so yes, 200k to 250k.. If you are getting single family, it's 15%. You can refinance other properties and pull money out (if it appreciated or tou did an improvement); that's how most start out. Now tell me how you make 400k/yr, please.

@Kor_ay

2 жыл бұрын

@@twincherry4958 software engineer in big city

@twincherry4958

2 жыл бұрын

@@Kor_ay Fintech?

Hello sir

Might not be able to door knocking like you....

Holy smokes! This is the kind of information that “gurus” charge THOUSANDS for. And we just got it for free. 😳 Thank you so much!!! You are changing people’s lives and don’t even know it!

I worked as a bartender for 4 years before i started in real estate. I feel like it helped me so much as I am able to quickly connect with whoever I encounter. Life is so much better on the other side! keep pushing people!!

This video is ironically an exact blueprint of my plans for the future. I’m a federal employee, just acquired a 4 unit to house hack. And now I’m looking to get my realtor license to have a scalable income source while keeping the day job for benefits and such. After I get enough rentals to cover all expenses, I wanna push 100% of active income to investments and truly build something awesome. I’m so done with the rat race.

@marcoe7971

2 жыл бұрын

Good luck!!!

@totallynotme8401

Жыл бұрын

How’s it going bro?

You should get paid for how many times you say scalable. Cardone wannabee

You make the assumption that real estate always goes up in value. Just wait in the future to see what happens to the people that bought real estate in the past 6 months... Rates are going up.

@danielcastaneda1209

2 жыл бұрын

They have a locked in good 30 year rate. As long as they have good cash flow they will be fine.

@JeffRozanVideos

2 жыл бұрын

Yeah rates are going up just going to drop the demand down from the people who couldnt get an offer accepted anyway. All cash buyers still there. Supply is still at all time low

@HappyCleanersWA

2 жыл бұрын

@@danielcastaneda1209 facts

You dont own 21 mil in property. Maybe 2 or 3, if that. The bank owns you, brother.

@headPokemon3126

2 жыл бұрын

Does that bother you? Eff the banks. I cant stand the idea of relying on others. Even a bank. I'll bankroll myself.

@ChandlerDavidSmith

2 жыл бұрын

You are handicapping yourself in multiple ways with this mindset

@headPokemon3126

2 жыл бұрын

@@ChandlerDavidSmith I wish you could convince me otherwise.

Hey Chandler, I got a question for you, do have a number I can call you ? Is about my first home.