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Updated almost 6 years ago on .

Seeking landlords to buy & hold
My partner and I have been helping a lot of people the last 8+ years and have developed a unique real estate investing niche. It’s not quite “flipping” a property, nor is it a long, drawn out “buy and hold” but actually a combination of the two… we call it the “slow flip”.
The “old way” vs. the “new way” to be a smart real estate investor
The Old Way….
- Find a property on the MLS
- Purchase it with 20-25% down
- Look for a tenant to rent it and hopefully fill it before your first payment is due
- Get 1 months’ rent as a “security deposit”
- Either be a regular Landlord or hirer a management company for 7-10% per month
- Work with a Tenant who might be a "career renter"
- Deal with it for 20-30 years or until you’re tired of it
- Sell or keep forever and pass on
The New Way…
- Find a property that not everyone is fighting over and not on the MLS
- Purchase it with only 10-15% down (net)
- Already have your tenant-buyer ready to move in on the day you purchase it
- Get 5-15% down from your Tenant-Buyer (non-refundable unless they buy)
- Let your Tenant-Buyer fix and repair the property because they treat it like their “own home” and it’s part of the contract
- Sell it for a higher price, that you already agreed on, in 1-3 years later to reinvest into a new property
- Do more deals faster to build your passive income up even quicker.
I have been getting a 12-20% cash on cash return and between 20-80% ROI depending on hold time. We are cash flowing $250-500/ month.
If you think this is something you, or any friends or family members, may be interested in hearing more about, please let me know and I’d love to set up a time we can connect and chat about it some more.
Let me know, thanks!
- Ed
- West Coast Property Group