Max Cash Flow Now

Max Cash Flow Now: Finding an agent’s “pocket deals” for your investment portfolio will increase rental property income.  A pocket deal is slang for real estate a Realtor may know is about to be listed or a present listings price is about to change.

It was a year ago a Realtor called to say she had a listing that a bank had foreclosed upon, but was having difficulty getting any offers and was lowing the price $20,000, (about 20%) and that it would take effect the following day.  We made arrangements to see the property and put in an offer that same day.  As no other buyers were able to submit an offer within the 24 hour deadline of our offer, ours was accepted.  We got a great deal.

Once you have found your great deal, what are you going to do with it?  Rehab and flip, or rehab and hold?  If you’re considering holding and building a real estate portfolio of rental properties don’t settle for a small monthly income while you are waiting for real estate prices to rebound.  Instead, why not go for $1,000 month in net rental income per property?

We learned of our REO agent because we called on another listing which had the term REO in it’s listing remarks.  REO stands for real estate owned, and is the nomenclature for a listing that was probably foreclosed upon by a mortgage lender.  We went on to clear a monthly rental profit of $1,300 on the above mentioned property and then turn-keyed it to another like-minded investor four months later for a $35,000 return.  The new investor kept our program in place and now he is clearing the $1,300 monthly.

You may already know and maybe not but some real estate brokerages cultivate relationships with a bank’s asset manager, who will list many of the properties that it has in it’s inventory.  Therefore, it’s important to build a relationship with these specialized brokers.  We recommend that you avoid signing an exclusive representation agreement with any particular agent, as you’ll build relationships with many of them.

Learn how we make our monthly profits on rentals and how we have helped others do the same by downloading our free eBook, see sidebar.

Max Cash Flow Now: To find the best deals for your investment portfolio and increase rental property income, ignore the MLS.  That’s right, you may find some real gems by getting to know the wholesalers in your area.  So, what is a real estate wholesaler, you ask?  An unlicensed individual who primarily uses direct marketing techniques (mail campaigns) to find distressed sellers and match them up with buyers.  Distressed sellers come in a variety of flavors; it’s not just home owners facing foreclosure.  One successful wholesaler I know obtains information from probate cases and informs remaining family members that he purchases houses for cash.  This is most successful when family members are out of state and don’t know a local real estate agent in the area.  Another sends mail to couples involved in divorce and who may need to liquidate property.  And we’ve all seen cars with signs on them that proclaim “We Buy Houses,” not to mention bill boards and bandit signs (yard signs).

These wholesalers are looking for bargains, because they need to include their margin, normally anywhere from $5,000 to $10,000 and still be attractive to a buyer.

How do you find one?  The best way is to attend your local REIA (Real Estate Investors Association) where you can find a list clubs for your area at;http://www.nationalreia.com. Start by introducing yourself around and let anyone you meet know you’re a potential buyer that wants to meet wholesalers.  The regular members of that REIA Club will then introduce you to the wholesalers they know.   Wholesalers are eager to get to know you.  Their business model depends on a healthy list of sellers and buyers.  Once in the loop, you’ll get emails daily of potential deals you can now evaluate.

Once you have found the deal, what are you going to do with it?  Rehab and flip, or rehab and hold?  If your considering holding and building a real estate portfolio of rental properties don’t settle for a small monthly income while your waiting for real estate prices to rebound.  Instead, why not go for $1,000 month in net rental income per property?  Learn how we do it by downloading our free eBook, see sidebar.

Max Cash Flow Now: Just found a new way to increase rental property income.  An amazing discovery.  Did you know that there are government owned properties that were not foreclosed on by Freddie or Fannie, but are Government Direct Foreclosures, and they don’t flow through HUD?

Imagine:

• Not having any limitation on the number of rental properties you could own
• Not having any closing costs
• Not having to come up with 20% down, but only 3%
• Preserving your cash for rehabbing
• Getting an assumable 30 year fixed rate mortgage at 4.5%

Sound too good to be true?  Well its not.  Now imagine acquiring these properties and renting them out using our system, which would effectively double the rents you would charge for extreme cash flow.  Your cash on cash return would be staggering.

Very few real estate investors or Realtors know that this program exists.  I was stunned to discover out of 30 homes for sale this summer in Aurora Colorado, that even though all of them could be purchased through this special Government Direct program, only 4 were, and many were bought for cash.  Astonishing.

We’re creating a free report that you’ll be able to download soon   In the mean time, use the information on our contact page to send us an email.  We’ll put you on a waiting list for the report.  In addition, we’re putting together either a home study course or one day boot-camp (or both) to learn how to find, apply for, and get control of these assets.

Download our free eBook (see side bar) to learn about our system of doubling rents, thus multiplying your net rental income an incredible 3 to 4 times.