In my own words...

I am a partner in a residential real estate investment company. We create positive cash flows for real estate investors - without the hassles of landlording.

Here's what we do. We buy distressed houses in the Midwest. Then we rehab them so they are the nicest homes on the block, and we select highly-qualified renters.

We sell these homes to investors who want to diversify their portfolios into real estate - but don't want to become landlords. After the sale, we lease the home from the investor and sublease it to the tenant.

The 5-year contract requires us to: maintain the home and make repairs, pay the taxes, and pay the insurance. This is known as a triple net lease, which is most common to commercial properties.

Our investors have absolutely no management responsibilities, such as leaky toilets. They receive their check from us each month, even if the renter has left.

We are searching for investors who want to earn at least 11% cash-on-cash, compared to declining rates for their certificates of deposit or money market accounts.

We encourage our investors to consider using their self-directed IRAs to acquire these homes.

For more information, please check our Web site: www.triplenethouses.com

Real Estate Experience

Acquisition, rehabbing and selling single-family homes since 2005.

Real Estate Goals

By the end of 2008, my partner and I expect to have 162 single-family homes under contract, to have purchased 145, rehabbed 133, rented 119 - and sold 97 to investors.