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Posted over 4 years ago

Easiest Way To Get A Rental Property

What have you found in getting started so far?  

What we found changed everything.

I was looking at getting started in real estate and I was learning everything- you name it and I probably did it or at least checked into it. They all told me to find a rental house that would make $200 cash-flow a month, or to find a multi-family that would make $100/door to spread out risks. Have you had this experience? I was all pumped and thinking about how this passive rental income could support my dreams and goals and prove to myself and others I wasn’t more than mediocre.

Then I did my math- to support my goal of $5,000/month cash-flow, all I would need is…..25 rental houses or 50 multi-family doors. Shit. Actually wait, I had no money, so I was going to do this with 50/50 partners, so this would require 50 houses or 100 multi-family doors. Super Shit! Can you relate?

How many years would that take me?

But you’re the hero of your story, so how many years would this take you?

Plus I needed no problems with any of the properties. If a property required a $2,400.00 repair, then POOF! I just lost 12 months of cash flow from that property. From experience, I knew that kind of repair was expected with so many rental properties.

I felt my initial hopes of reaching my rental income dreams slipping away. I didn’t want to seem like a failure to others or to myself.

….then it happened.

That’s when I listed some dummy rental ads online to do research on what renters were most demanding. That’s what led to where I’m at now- each house gets $1,000/month cash-flow, 50% cash ROI, and the spread out risks of multi-families. Plus- I didn’t spend a dime out of my own pocket because investors all wanted in on the action I had! This is all due to the secrets of beyond-househacking + household-planting.

What would it mean for you, if you could make investors throw money at you?



Comments (1)

  1. Hey Grant.  You lost me on the last paragraph.  Can you please explain the strategy in more detail?  Thanks!