BiggerPockets

Rental property income comes in two forms, active and passive.

Tuesday, November 17

Max Cash Flow Now: Rental property income comes in two forms, active and passive.  We’re all aware of the passive kind.  Purchase a SFR or multi-family, rehab to rental level and rent out to a family at market rates or to a section 8 renter.  But is it so passive after all?  Every rental property requires property management, either done by the property owner themselves or by a property management company.  In either case it’s an expense of either time or money that cuts into your net cash flow.

If you’re the type that does your own property management, our system should be of interest to you.  It’s a system that does require more of a commitment of time up front, and by that I mean the first two or three months, while you implement the program.  Then after that, your time involved is whatever you want.  We like to keep a pipeline of potential tenants and that takes a few random minutes every month.  Then when you are getting a renter in and one is leaving, your time is required.  Is it overall more time than a typical rental?  A little.  Is the extra time worth it?  Not even close!  Three to four times the net monthly income you were making on your property previously.  That’s right! All because you changed the tenant population, and put into practice a program that would consistently earn you an average $1000 per rental unit “net” or more.

To learn about our system, download our free eBook at; http://bit.ly/4o0nLG

Comments

No comments for this blog post yet!

Post a Comment

Your Name:
Your Email:
	Subscribe to comments?