BiggerPockets

You don’t have to own real estate to earn fabulous rental property income!

Wednesday, November 25

Max Cash Flow Now:  You don’t have to own real estate to earn fabulous rental property income!  Sound ridiculous?  It’s not.  There are many homes you can obtain control of without buying them.  You see them listed on Craig’s list or in the local paper, “Rent to Own,” or “Lease Option.”  Either the owner occupant can’t make payments any more and probably owes more than the house could sell for at the present time, so consequently needs to unload it for very reasonable terms.   Another scenario is a real estate investor that has a fix-n-hold strategy that would rather rent the home to someone who is actually in the process of purchasing it.

In either and all cases, this offers an excellent opportunity to the real estate investor who utilizes a system that has the potential to double the gross rent a property could fetch.  If you’ve previously downloaded our free eBook (see below), you know that we’re talking about.

Take a four bedroom, two bath home in a suburban working class neighborhood.  I just found one on Craig’s list for sale in Phoenix (west valley) for $149,000 ($5,000 down payment) with a monthly payment of $1,549 (includes; principle, interest, taxes and insurance)  Sure, there are more hoops this property would have to jump through to be a good candidate for our program, but we’re just using a real listing as an example. 

This home as the potential to be rented out for $2,575 per month, using our proven system.  Even after you deduct a healthy amount for utilities, which you pay for in our system, you are still earning net monthly income of near $750 per month.  That’s a annual cash on cash return of 180%.

Download our FREE eBook, Max Cash Flow Now… at http://maxcashflownow.com

Comments

1. 

   Nick J. Reply
   over 2 years ago

   How about telling us what your 'System' is because I don't believe for a second you know ANYTHING about the Phoenix market making claims you could rent out a house in the Phoenix area for $2,575 when its only worth 149k.

   Don't BS me and tell me I have to download your ebook either! Step up and prove your claim because I smell something, well, I'll just say, 'A stretch'

2. 

   Alf Gizzo Reply
   over 2 years ago

   Nick, thank you for your comment. We coach landlords to turn their rentals in rooming houses. Zoning permitting. Phoenix allows up to five unrelated people per dwelling, Peroia and Glendale have no restrictions. We furnish and let (not rent) affordable furnished rooms to former offenders of soft crime on parole or probation, weekly and monthly,. Either private or semi-private rooms.

   We have nine students doing it here in Colorado. Two have more than one property. It's very profitable, increasing net cash flow 3 to 4 times. It's not passive income, there is increased property management, but not as much as you would think, and certainly the increased income makes up for it.

   I hope this clears it up for you. Alf.

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