Max Cash Flow Now

Max Cash Flow Now: Real Estate Profits with Alternative Housing
There is a method, which increases your net monthly income or cash flow on your rental properties substantially while you’re waiting for the market to rebound. At present many property owners are holding rental property and are either in a negative cash flow position, breaking even or perhaps making a modest profit.  They are waiting and holding on for the market to revive.

Waiting – why wait?  Why wait with a negative or measly cash flow? It is not for everyone, but some more entrepreneurial types find creative approaches to making money in a down market.  Is a return on your rental of a $1,000 a month net or $12,000 a year, worth exploring?

I’m talking about Alternative Housing; renting out individual furnished rooms to maximize a property’s FULL income potential.  It does require more time up-front, but after about 3 months, with the right coaching, this approach actually has the potential to become more of a passive income source.  That will depend on your ability to listen to other creative minds!

How do you find tenants who are not students, the elderly, handicapped or Section 8 who will agree to rent a private or semi-private bedroom?  There are many sources, all of whom work to find affordable housing for their clients.  All you need to do is let them know what you are offering and the referrals will be steady and constant.

Many individuals have skills and jobs, but just cannot raise the necessary funds to cover rent on their own.   They could however cover a shared rent with the privacy of their own room and communal living spaces like kitchen, living room and laundry.  You can offer a real home at a fraction of the cost to them, but 3-4 times more monthly cash flow to you!

There is a need and you can supply the answers for yourself and others.  Download our free Ebook, on the right side bar, to learn more and then give us a call or email so we can share additional insights about an opportunity that is perfect for the times.

Max Cash Flow Now: Rental Profits quadrupled with great tenants.

When I blog about renting out individual rooms the usual thinking on the subject goes to a rental population of students, seniors and the mentally and physically challenged.  I say think outside the box – it’s a great time to be unconventional and observe your rental properties cash flow like never before.  As written in yesterday’s post, on average a $1,000 a month in net cash flow per dwelling unit.

Our preferred tenant will not fit into any of the above-mentioned categories.  We have found that the renters we work with – ex-offenders of soft crime – can be less of a hassle and less expensive than those most people think of when renting out individual rooms.  With anyone on parole or probation, finding a place to live is often challenging at best and forces men and women into shelters where they are apt to experience the same issues that got them into trouble in the first place.  Those who want to make a change and make their lives work are in need of clean affordable housing that reinforces their goals.

Every tenant comes in knowing that in order to take advantage of this opportunity a set of “House Rules” must be agreed to.  They are a set of living requirements handed down by most States Department of Corrections, as part of the individual’s parole or probation agreement.  They are not impossible to follow and they keep your house safe and healthy.  Who enforces them?  The individuals themselves and their parole or probation officers.  Former offenders don’t want to violate the conditions of their parole/probation requirements and if the House Rules are not being maintained there is always someone waiting to take the room.  This is just one of the reasons why this tenant population is so wonderful to have as renters.

Download our FREE Ebook on the side bar at right, to learn more about what makes these tenants some of the best renters you could ever have.

Blog Intro 01-04-10

Max Cash Flow Now: Transitional housing is the key to increased rental property cash flow, especially with the right tenants.  A small three bedroom two bath unit can generate $1,900 a month gross income.  A four bedroom can gross $2,600 a month.  It adds up quickly for the property owner and offers an advantage not often afforded to individuals looking for alternatives.

Also, known as alternative housing, this form of housing is in great demand due to the nature of our current economy.  Foreclosures continue to increase, as reported by the Denver Post yesterday, subsequently, forcing more individuals to seek affordable housing options.  The cost of renting a small apartment may still be out of reach for some, as landlords typically demand first and last months rent up front.

That is where transitional housing fills in, by renting inexpensive furnished rooms by the week or the month in a SFR, duplex or small apartment complex fully furnished and equipped.  Private rooms normally rent for $100 a week and up, and some single tenants will agree to a semi-private room for $85 a week, with a $100 damage deposit.  These tenants do not sign leases, and agree to “house rules” minimizing the management time after you are up and running. Many zoning districts allow for this type of occupancy.

There is one tenant population that has a great demand for this type of housing and there are government and non-profit agencies who refer tenant applicants to you for no charge.  This is not section 8 housing.  Download (see sidebar) and read our free eBook, it covers all the details of our unique method of increasing rental property cash flow.  Why not cash in on a lucrative opportunity and at the same time supply a much needed resource?

Why not?  Read our free eBook.   You or someone you know has nothing to loose and much to gain.

Max Cash Flow Now: Rental property profits are greatly increased by establishing a variety of referral sources.  The referral sources I’m suggesting are not the usual suspects, e.g., newspaper ads, yard signs, or promoting your rental property through Craig’s list.

We promote alternative or transitional housing (download FREE eBook, see sidebar), which offers you a way to market your rental property that you would not normally consider.  There are organizations, e.g., non-profits, faith based, for-profit programs and government institutions, which will collaborate with you to refer your rental property to potential tenants, while not actually marketing you.  These are the stakeholders in reducing homelessness, and helping particular tenant population find affordable housing.  They introduce and make available your property features and benefits for FREE.  But, you have the last word when approving any tenant for your property.

We’ve done it in Colorado and have helped others create incredible income streams on their rental properties.  Can our system duplicate the same results in other states?  Sure, but first; a few things need to fall into place, and there are some key factors, for example;  proximity to bus stops and grocery stores, type of neighborhood, zoning compliance and a major one – the number of referral sources for the type of housing you are offering.

I was speaking to a government institution in another state recently, who had not heard of a program like ours before, and they were very enthusiastic about sharing the resource our students offer with 60 offices around their State.  This is not only GREAT for property owners in that state, but could be duplicated in many other areas throughout the country.

Use our contact page to call or email us to find out how we can help you increase your net rental cash flow three to four times.