New Tenant buyer shows up while I'm moving out old tenant!
Dirtiest tub in AMERICA at 4:30
Filthy frig 5:30
Tenant buyer shows up 6:24
To reach me, email krisbuyshouses@gmail.com
As you know, I LOVE LEASE OPTIONS! But in the past, I haven’t taken my own advice and/or gone with tenants that have Government subsidized rents. Well today I’ll take to you one of my rentals, where a Housing Choice Voucher tenant (aka section 8) tenant is moving out and now I’m going to convert this house over to a lease option rental. The best thing about lease options is we do NO REPAIRS! I'll bring you into the unit at the same time I’m seeing it since the tenant moved out
We also have a surprise because an actual least option tenant showed up while I was there doing my inspection. She was a sweet lady that was looking for a home for her children’s father. Apparently he didn’t speak the best English, I guess, because she said he was Mexican. I’m fine with that as long as they have a down payment. She’s going to view the unit and you’ll get to listen how I negotiate taking the house AS-IS because we don’t do repairs, right. This is golden because you get to see the interaction between us and how I handle all the possible concerns of the tenant buyer. I’m doing this so you don’t have to be scare or ashamed of renting what I call “ugly houses”. Stop doing repairs, because frankly your new tenant will probably be able to get them done cheaper than you can. Watch, learn then get out there and deploy this lease option strategy and get out of the rental business!!
Пікірлер: 242
*This Labor Day "THE LANDLORD'S GUIDE TO SECTION 8 HOUSING": **aw8d9fb.aweb.page/p/6adc04d3-0118-48ee-b47b-bd35cce4a245*
Only GOD can make it work out that smoothly!! Good going Chris!😃
Advice on the Keys (( master Key all entrance locks to 1 Master )) we did at the Lumberyard all the Time .
The outside wood is really nice.The inside wasn’t bad. I’ve seen other houses in such a bad condition that were so nasty and couldn’t even walk on the floor
@IndigenousIndianLady65
2 жыл бұрын
You call the inside nice. 🙄 Even if it's clean oh no it's not...
I really enjoy your content it’s so straightforward yet you have humanity as well as getting your money. I can appreciate a very knowledgeable clear man bless you. You definitely are an enlightenment 💪🏾💯
Why they leave their garbage and trash behind? People clean up after you move out of an apartment or house that includes the front and back yard.
I came across your channel to learn about eviction, I work at a luxury apartment community and was just curious about the process, never had to evict anyone yet. I find your content extremely helpful, I feel like I am now "woke" and what started out as curiosity now on a mission for more information. I love how your videos are like your gospel and I see that it's not intentional or fake. You have a heart of a teacher. I plan to use your program as soon as my husband and I settle in a location, he's military so when they say it's time to go, we leave. But, this next place will be our last 🤞. I have been searching though your videos and can not find any content on why you rent to government subsidy tenants? You stated this in this video and touched on what it is, but never went in to why. I think this would be a great topic to go into. My understanding is your mission statement to help "challenged credit" and this is your niche; but what is the reason why? I know you have more to say on this subject, on the outside it seems to me they are high risk and heartache to deal with, why do you say always rent to section 8?
@michellebattersby3243
4 жыл бұрын
I was a rental agent for apartments where I also live, people show up on their best behavior, then their "representatives" leave about a week later and then u meet the real person you rented to ! Pay attention, don't be afraid to lay down rules, and watch their faces (such as "no drugs"...works like a charm) another trick of the trade...walk them to their car, pay attention to the inside, if it's dirty, that's how your property is going to look !
@jerrykeenan1848
Жыл бұрын
RICH or POOR, both can be disgusting! Learn early how the process works
That don't make any since like it's actually disgusting I have a back injury and I still clean my tub and house no excuses for that.
@krishaskins
5 жыл бұрын
Well, u just never know how peeps are living. Thnx for watching
Im Canadian and I’ve never seen anything like this before I’ve rented a long time and never left a place in a bad condition
Brother, I truly appreciate what you are doing!! You are doing what I have dreamed of doing and still dream of doing.
@krishaskins
Жыл бұрын
well, it simply takes a ton of action, AND plugging into the right system and people. Step out on faith,,, At the end of the day, nobody wins. We all end up in a box, so I was like "shit, why not give it a try".... Go make it happen.
I am sorry I disagree about renting to only Section 8, Section 8 continually trashed my houses/ I had to keep fixing up behind them. Section 8 where I am abate the rent then you can’t pay for your expenses. You can’t keep their security because they are low income tenants. Don’t believe the hype- it may seem good but it can be costly as well.
@krishaskins
4 жыл бұрын
Yes, theres good and bad w my section 8 peeps. U must be vigilant when screening them.
@IndigenousIndianLady65
2 жыл бұрын
Thank you because the program shouldn't allow slum landlords.
Not all section 8 tenants are dirty like that ,that a shame how they treated your property .😏
@krishaskins
4 жыл бұрын
I love my section 8 peeps, I even loved these tenants, they were good.
That's why there should be a Mandate In Place For Cleanliness in the rental agreement, and security deposit. This will cover any damages and clean up cost's to the rental site.
I’ve watched a number of your videos & really enjoy them. Thank you for sharing your knowledge.
You are not lying brother. That's what some people say.
That place is dated and needs some rehab.
@krishaskins
4 жыл бұрын
yes, it sure does. The tenant buyer will do whatever they like
Thanks for Everything.
That house needs a lot of work. And it's not all the tenants fault from the outside and inside He's a cheap landlord- doesn't want to make repairs
@amoryunidad
2 жыл бұрын
That's the whole purpose, not make repairs.
@IndigenousIndianLady65
2 жыл бұрын
Exactly!
@IndigenousIndianLady65
2 жыл бұрын
@@amoryunidad That's called a slum landlord and if you are then you shouldn't be allowed to have housing voucher tenants....
I used to have 2 condos in a VERY nice area. Usually I would rent to college age (21 - 26) SWF. Not on purpose that's just who would show up. And OMG I'd come back after the lease and it would be gross. Whether it's sec. 8 or a girl having daddy pay her bills some people just don't have home training.
@krishaskins
4 жыл бұрын
We still must stay vigilant in screening section 8 tenants.
@krishaskins
4 жыл бұрын
We still must stay vigilant in screening section 8 tenants.
Watching videos on evictions really show me there's some filthy people the way they live. Smh
@krishaskins
2 жыл бұрын
welcome to the real world of real estate, people are different everywhere we go.
You just made that look so easy....
@krishaskins
5 жыл бұрын
Well my bro, kind of been doing it forever, but I dont know if peeps are serious until after they do an application and put the deposit down, thnx 4 watching
@nicknjb5019
5 жыл бұрын
Real talk !!!
I wish I could find one for like $3000 down and $900 a month lease to own. I mean the struggle is real in VA but I can do that I would want to say I will pay more than I can afford. You never know finances can change.
Brother Kris what's in the application you give to tenant buyers? I love the way you extract info out in the conversation
@krishaskins
5 жыл бұрын
yesr, everything convo is calculated, and planned. Either we're looking for answers, or building rapport, no big secret and all honest. I'm looking for background check for crime, and i'm looking for rental history, income verification and how much DP they have. Other than that, I can care less about other bills. If they're in a active eviction, which happens frequently, they must pay a higher DP, thnx for watching
Stop Renting to Tenants who are not working. . . . . You Lose Money This Way. I don't care whose mad. . . . so what. . . .
@kinggcherry3402
3 жыл бұрын
No way someone working would ever seek out these properties their trash!
I wish they were more landlords like you up in upstate New York. I would love a leasing option as I am a roofer and would love a house like that with only putting 5000 down and paying 1000 a month I’m paying 1000 a month in rent I’d rather pay that know when it’s going towards the principal of owning the home I do all my own maintenance and every rental ever rent anyway.
That brown crib cost @ $800.00 without the mattress! To think they bathed their children in that FILTHY tub! Om
@krishaskins
Жыл бұрын
I’m not sure on that one
Bet he never completely finished a lease to own,he just use the lease agreement to get out of doing repairs
@Yankeerose9973
3 жыл бұрын
He would still end up forking out a lot of money for repairs after the tenant moves out.
This channel is awesome
As is for 12k in that condition is a rip off. Maybe your market in VA calls for that but that's unacceptable for my conscious.
Come to Richmond please. U are what I need in my life
Great concept, has me thinking
I have known people who never clean their house. They move into nice clean homes every year or two. Then move out when too many things fall apart. Always many months behind in rent. They also lie about how many kids they have and who all will be living there. Red flag when tenant will take anything as is!
He can't get a loan in the US because he is here illegally. A lease option could be a great option or owner financing.
So Kris, you say that when a person is a tenant buyer, they are more susceptible to keeping the property up. Is it a safe bet to let someone tenant buy for another person and they don't live on the property? Why should that person care what they do to the property since they are not on the tenant contract.
@bryanpearce4440
4 жыл бұрын
6k down, sold as is, tenant buyer makes all the repairs, high monthly payment, that is a win win for Kris. Very Smart
U make evictions look so cool. With Your Little Hat.
So are there actual rent lease being signed or deeds....TO ME ITS JUST A FANCY WAY OF SAYING RENTING W OPTIONS AND A WAY TO GET MORE MONEY, ECSPECIALLY AROUND TAX TIME. I'm not hating. I'm just calling it what it is;. Renting,as is, you don't do repairs, however...
@krishaskins
4 жыл бұрын
We only do lease options.
I'll say it again..Best REI on KZread.
@krishaskins
5 жыл бұрын
+Celeste Hill wow, nice now this made my day, im not sure if she'll come through but its a start. Peeps say all types of stuff when they're with me, but until they come up w the money, its still for sale on a lease purchase, thnx so much for qatching ur boy and this crazy world!!!!!
GREAT JOB KRIS!!!! I LOVE IT!!!!
watching from Suffolk
@krishaskins
Жыл бұрын
Suffolk town, what up homie, thnx for supporting my crazy world...
Time for a box for those keys. It's amazing how many people are willing to lease to own/ vs Realtors. On top of that you rented and got paid, now you are going to sell it..... In DJ Khalid voice, You Smart
4:15 My tub in the house I just bought is blacker than that! Will you have to replace it? Reglaze? Clean? Or how do you repair if you were to? I will do a walkthrough video of my house next week! 🏣
@erical6463
5 жыл бұрын
ChrisMonroeSTL comet dawn dish washing liquid and a little bleach..With a sos pad.
@michellebattersby3243
4 жыл бұрын
What about the Mr clean magic eraser sponges I've seen it get permanent marker off a white wall
@jewelcreechbigelowhomestea6202
3 жыл бұрын
They make a bathtub paint too
When I was selling my first two houses, I had people calling me all the time asking me was I open to a lease option. I told them no but in my head I was saying HELL no lol. I had a realtor tell me there was some kind of scam involved with that. I take it she was wrong? I assumed the scam part would be people moving in and then not paying, then having the owner go through that whole process to try and get them out of there? Have you ever experienced anything like that?
@krishaskins
5 жыл бұрын
Hey Ed, let me get it straight. We're concerned about the tenant paying u a downpayment, moving in and then not paying? I'm 100% completely fine with that. Either way if they dont pay, you've got thousands of dollars to buy some time back. If they dont pay, you've got enough money to evict them and move on. Dont worry about that, thnx for watching
@shocfacter
5 жыл бұрын
@@krishaskins Thanks for responding Kris. Damn. I wish I had know more about this aspect of real estate then. Im going to highly consider this with my next properties.
@shocfacter
5 жыл бұрын
@SpankBuda Im not intimidated. I just wasnt fully aware and didnt have the correct knowledge....unitl now. Believe me, I AM moving towards keeping future properties that I fix up and Lease optioning them. Also, you are correct about those court procedures HOWEVER some states cater to deadbeat tenants and allow them to hunker down WAAAAY longer than I would like. So im going to try to focus on States that lean more towards the needs of the landlord.
I have questions as far as what goes into the eviction processes 2nd cause hearing. I'm taking a tenant to court for the first time and they did so much in damages but I am not sure what is considered beyond wear and tear
@marcuslane3
4 жыл бұрын
How long have they been there will help determine "Normal wear n tear"...holes in walls, cabinet doors etc broken is NOT NORMAL
OKAY, he was not "moving out the old tenant" ,as title says!! THEY were already gone!! RIGHT?? SO, whats up with the title?
What type of lease do you give them? Are you like a bank and charge 4% interest?if they stop payment do you take the house back? Thank you in advance...
@amoryunidad
2 жыл бұрын
Yes, you can evict them like a regular tenant and repeat the process.
God, I do Junk Removal (commercial and regular housing etc...) and these videos are giving me such anxiety. LOL. I know how it is to have to have a person leave all their shit behind and you have to bag it up and clean it out.
Damn homie need to vacuum that ride.
@krishaskins
3 жыл бұрын
yes, I really can do better with that, I don't think I see the dirt anymore from focusing on the money, I hope you got some value out of the content my friend..
The information is just invaluable! I can't wait until you email me back!
@krishaskins
5 жыл бұрын
Hey did u email me? What did I miss on ur email.? Thnx for watching
@septemberbrown477
5 жыл бұрын
@@krishaskins I did email you February 20! Check it
Let's follow up. Are they still in the house? How did it end? Did you have to evict them?
@krishaskins
Жыл бұрын
I, they actually never even made it in, I got all excited about the words they we spitting, then when it came to money time no dice…. It happens a lot in this biz though
@sammorreale3372
Жыл бұрын
@@krishaskins Thanks for the follow up Kris! I could tell that lady was talking a lot of BS!
Nice learn from you
Maybe they just collected bottles and turned them into art projects, vases and/or candle holders. I would hope that as poor as I am my hard work isn't paying taxes for liquor! Especially when it's a show off brand.
@krishaskins
5 жыл бұрын
Well, I highly doubt that, I'm sure they bought it all. Yes, we're paying for a lot of crazy stuff as tax payers. Thnx 4 watching
@JudySharlowGODlovesYOU
5 жыл бұрын
@@krishaskins lol..yes, I doubt it as well, I was simply doing the CHRISTian thing and not automatically assuming. 99.9 chances are they have expensive drinking habit. Sad in more ways then one if our tax dollars pay for it instead of for those who really need it.
@krishaskins
5 жыл бұрын
@@JudySharlowGODlovesYOU Ur right perhaps they did.
Great content as always !!!
@lanthonyperdum6430
5 жыл бұрын
My man has a channel that is very much underrated !!!
@krishaskins
5 жыл бұрын
I'm truly blessed to able to pass this info on to you which I've learned from some real GIANTS. thnx for watching
@lanthonyperdum6430
5 жыл бұрын
kris haskins...Most definitely my friend...We need to get you to a 1,000,000 subscribers !!!!
Oh my God I never seen a deal go down like this did she ever wind up renting I need to be in Virginia
How did it turn out....did they get the unit?.. was it a successful transaction
@krishaskins
4 жыл бұрын
Nope, never heard from them again
@clubmike2910
4 жыл бұрын
@@krishaskins ahahahahahahahahahahahahah that is so funny, I guess money talks and bullshit walks.
WHO ‘INSTALLED’ THAT CARPET?!?! GOOD LAWD!
just said his baby daddy is breaking the law ice will be there in no time
@tamarahines6975
3 жыл бұрын
I know it was not wise to somethings that she did on camera.
I been on housing for 20 year in my place sill look the same
there is a diffrence in roofing the roofer lays the singles and then you have the other side they call you labor you run singles up the ladder do clean up this that and the other the roofer shoots the nails ever one else basically helps keep that roofer busy getting the job done I have done it for a few years until my heart condition come up and most generally depends who you work for and how good you are as a roofer you make 40 to 60 dollars a square and labors make 9 to 12 bucks an hr thats if the boss aint Shady
Baby daddy doesn't have any credit or papers
@krishaskins
4 жыл бұрын
probably, good ear
@rickeymitchell703
4 жыл бұрын
word mfers come here pay no taxes reap all benefits and have shit easier than mfers that are from here
I think they should go to jail for vandalism.
Might Help if you include start the Roof within 30 Days on the Lease and" Cover Your Asset .". LOL
@krishaskins
5 жыл бұрын
well, you never know if peeps have the money to do the roof. But it's a try. thnx for watching
Lol that's a mechanic's tub...still nasty but when you don't clean after your shower that's what it looks like. A shop tub. 🤣
@krishaskins
4 жыл бұрын
well, I never thought about that one
Wow Thay Had kids living in that Mess.O M G..
It ain't mines. I ain't got to do dat. Lol
Dont ever, and I mean ever, place your property under a Section 8 HCV.
@krishaskins
4 жыл бұрын
I'd love to hear more about this as I'm doing a training course on this right now... pls email me krisbuyshouses@gmail.com
How many lease options homrs have you actually sold? I use to clean those places after eviction and NO one ever ended up owning the properties. It sounds good but doesn't happen.
@krishaskins
4 жыл бұрын
Since 2007, I have done NONE! However, I've had one client close one buyer. Very rare that they close, but it's ok. Just part of the business.
If you ever come across tool like that, you can make some money on them.
How do you RTO an attached apartment? Rent to Housing? LOL. Keys, ever heard of a master key? I carry a total of two. I guess if you sell it to an illegal, you won't get sued. But I doubt it.
@krishaskins
4 жыл бұрын
it must be privately owned....
@OldProVidios
4 жыл бұрын
That doesn't make sense. Do you own the property or is that a condo or something. I don't buy anything that shares land and walls with other owners. Shared driveway is enough of a problem that I won't even do that again.
@krishaskins
4 жыл бұрын
It's a condo
It doesn't look like all your clients are the blame it looks like all your houses that you show are rundown I mean look at the carpet in the house it looks like it's 75 years old and it has nothing to do with the client
Investment landlords are the worst. Section 8 is a good bet because they make you keep the place clean. They inspect every year. If there’s complaints by the landlord & don’t pay up, they lose their subsidy.
That place is a hot mess
Have they been evicted yet?
WE THANK U BUT U. DON'T CHECK ON YOUR TENNANTS AND DO REPAIRS
That tub 😂😂
@krishaskins
5 жыл бұрын
Would u take a shower in it?
@nicknjb5019
5 жыл бұрын
Ha ! 😂😂 hell to the nah nah nah ......
Cowboy toque ! lol !
That place is disgusting. Offering her the idea to just clean that carpet is 👎🏽
You know you're comical😂😂😂but I learned something from you Mr. Kris. How you turn a white tub black you ask?😂😂Well just be sorry and lazy as heck that's how😂😂.
@krishaskins
5 жыл бұрын
well, I actually couldn't say that but you're prob right. I have no idea how this happened. thnx for watching
Iv never saw a water heater over top of dryer or anything that should have been on the floor, I don't understand did you do that to save on pipes or what
@krishaskins
3 жыл бұрын
Naw, it came like that when I bought the property. It's actually pretty cool
You are saying it does not look to bad it looks beyond horrible. How can a human being live like that?
Turn a white tub black I'm dead
I have a Hyundai Santa Fe
This is exactly why people are refusing to rent to people on Section 8. Yet, people on Section 8 are crying and complaining about not being able to find a place to rent. Well with technology nowadays, people are recording how nasty a lot of Section 8 tenants are and it’s discouraging for other people who rent to people with Section 8 vouchers. Not because you’re poor means you have to be nasty. My mother has always told us that since we were young.
@krishaskins
5 жыл бұрын
Ur exactly right, I love my section 8 peeps. But the fact is there are a few that have completely destroyed the rep of a section 8 residents , generally speaking. We have to do home inspections of the current living arrangements before we approve the applicant. I've been on some terrible home inspections of houses that were infested w roaches and filthy, so we must be vigilant with all prospective tenants including section 8 peeps, thnx 4 watching!!! I wish u well
@deddie4645
5 жыл бұрын
Same thing here mom always said we're poor but we can be clean and act nice
How do people take baths in tubs that look like that...eewww
@krishaskins
4 жыл бұрын
I didnt show u the full tub, u would've lost it. Poop and used toilet paper in the tub. It was a mess.
Why is there Poop on the floor at the entrance??
You replace or restore the carpet & how much do you pay in your market ?
12k down for that???!!!
@krishaskins
4 жыл бұрын
I'm good w 3k, they never came back
@asiamiller6833
4 жыл бұрын
kris haskins damg
like show, landlord for 28 years. In your comment on giving a eviction as soon as the law allows for non rent payment is the best tip I would give. Like you 5 days after rent due eviction process can be started,
Dang, Was she put out? Or had to vacate in a hurry?
Hair dye turns tub black
Lol trust me if you did the work to fix this place you would be too tired to even call your cleaner to clean the tub. If the tenant was an open friendly person and had community members that offered to help clean it wouldnt look like that. My man works and the CHEAP material tub gets tingy so quick . I clean it all the time. You need to get real if you are serious of what it takes for upkeep. I mean...you dont bother and admitted to discriminating towards how someone receives income for rent.... I wouldnt pay $1 for that place just out of principle.
Not super bad???????
@krishaskins
Жыл бұрын
well, we have to be positive when people do these things...
And Rent to those who either are employed or has a steady income, financially stable. And I would not allow any drugs, Period. People want to get high? then they are not serious about a place to stay. Don't let no body run over you.
@mylife2live
4 жыл бұрын
However, you know, everything that looks good on paper isn't necessarily so either. You're taking a chance either way. I know a nurse who had a gambling and shopping habit, to the point she would be months behind in rent.
@selenarobinson7132
4 жыл бұрын
Back Ground Checks. . . .Ever thought Of That?. . . . . Anyway. . . .
@mylife2live
4 жыл бұрын
Why so snarky, though? Background check is not gonna show that you like to cash your check and go to the casino and shopping with your cash.
@selenarobinson7132
4 жыл бұрын
You Have a lot of excuses. Are You one of those tenants or one of those landlords that charge high rent's leaving tenants in termite infested, mold build up structures. . . . .which one are you because you're not a saint. . . . . .I'm not being snarky. I'm just tired of people who don't keep the house clean who live like animals and trash the place. People who are so lucky to have a decent place to live that they take for granted Too Lazy to maintain it's up keep.
@selenarobinson7132
4 жыл бұрын
Bumm Ass Tenants don't realize how lucky they were for that dirt cheap rent. They were just Lazy No Excuses I don't want to hear it. Bum Ass tenants with that cheap rent and their priorities was shot and how they have trashed that place. I hate that. . . . .
Not her baby daddy. Teach right!! Her childrens father.
New subscriber! Interesting!
Messy situation. Too much drama, no thanks.
So you don't do basic repairs?
@krishaskins
4 жыл бұрын
Not if I can help it. I usually have to do roofs though
OMJesus 😂😂😂😂😂
All these properties are trash. That's why the tenants are trash. Get what you give.
Do u have property in Atlanta??😅
@krishaskins
2 жыл бұрын
naw, sorry about that, I wish I did though
I've seen much worse