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Posts Tagged ‘tenant’

Max Cash Flow Now: Don’t let your rental property become a charity shelter.

Max Cash Flow Now: Don’t let your rental property become a charity shelter.

I just read a blog by Donna in NM, who has had the most dreadful experience with a Section 8 tenant. She wrote that she did not have Section 8 housing experience and her tenant had 10 years of experience scamming the system. No rent has been collected and now she has a squatter and is unsure how to correct the situation. Several good remedies were written in response to her questions and I don’t want to repeat her options here. I can not imagine that this is an isolated case. Probably not your specific circumstances, but even so, many real estate investors, who are holding rental property are making costly mistakes.

Depressed real estate prices and the profusion of very good deals on distressed properties are drawing many new investors into real estate. The smart ones look for coaching or mentoring from others more experienced. The majority most likely feel they can figure most things out for themselves, and then there are areas that they are inexperienced in and can have a harmful effect on their net monthly income. Getting good counseling can save money and headaches.

With our method and transitional housing, our landlords and I have never had these troubles. If the rent is overdue by more than 3 days, I just make a phone call or two, change the locks and wait for the tenant’s family member or friend to set up a time to pick up any personal belongings. I do not return their damage deposit. Within a few hours or a few days, I have the room occupied by another tenant from my waiting list.

It’s just that simple. It doesn’t involve an expensive eviction process and a minimum to no loss of rent. Squatters are absolutely unheard of, there are no legal fees, no court fees, and no fee made to local law enforcement.

Discover how I can get away with this by downloading our FREE Ebook from the side bar.

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Max Cash Flow Now: Is your real estate investment portfolio providing the maximum rental property cash flow possible?



Max Cash Flow Now: Is your real estate investment portfolio providing the maximum rental property cash flow possible?  The first of a new year is the perfect time to re-examine your current investment strategy and plot a course for the coming new year that will prove to be even more lucrative.

If you currently own rental property, or are thinking of adding rentals to your portfolio, be it single family, multi-family or even apartment buildings, we are introducing some exciting alternatives that you should consider.  Let’s increase your current cash flow and your net income position!  If you are in the real estate game to make money (and who isn’t?) and find the current market challenging then – yes – it would be wise to consider alternatives to the old way of doing business as usual.  The beginning of a new year is a time to examine new approaches.

We specialize in teaching property owners exactly that – a new approach to extracting the maximum profit out of their rental properties by converting those properties into dwellings for a unique tenant population.  A tenant population who at first glance appears to be tough, BUT upon closer scrutiny has proven to be the best tenants you might possibly ever have.  Who needs the hassles of tenant concerns which are costly and time consuming when there are other options?

Rental properties that are barely producing any income are now cash flowing handsomely for our students.  Upwards of 3 to 5 times what they had earned previously.  The success of the system we teach inspires many of our students to look for additional properties to convert.  Read some of their comments on our testimonial page at the top of this blog page.

Learn more by downloading our free eBook, see sidebar on the right.

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Max Cash Flow Now: Discover how to give back and increase rental cash flow this holiday season.

Blog Intro 12-22-09

Max Cash Flow Now: Discover how to give back and increase rental cash flow this holiday season.  Increasing rental property income is what we have been writing about since the start of this blog.  It is what initially attracted us, and each of our students, who have implemented our system. However, there is an equally important aspect to the system we teach that makes a tremendous impact on the property owner and the tenant population they serve.

It all came about when another real estate investor, told us that he was making incredible profits on a couple of properties he owned.   He was presently looking for more houses to continue growing his strategy (and his bottom line).  He went on to describe that he was renting out individual furnished bedrooms for $400 a month.  Some of the larger bedrooms he let as shared, two to a room. While the idea of a shared room may be a put- off to some, other tenants came into his houses wanting to save money and knew they could upgrade to a private later if they wanted to as one became available.  By offering shared rooms, $700 a month split between two people increased the landlord’s cash flow considerably.  This real estate investor’s gross monthly rent on one little 3 by 2 was $1900, and another duplex was totaling $3,600 a month!

Because the tenant population is derived from particular sources and they agree to a set of house rules and don’t sign leases the idea was even more intriguing and attractive.  Here was a way we could add a fix-n-hold strategy to our existing fix-n-flip one.  This approach would allow us to profit on future higher real estate values, and at the same time pocket $1,000 or more on each rental while we wait.  Equally attractive was letting rooms to a tenant population, which could otherwise be homeless.  We could truly have a positive impact on someone’s life and make a profit at the same time.  Sounds like a win- win all the way around.

Are there really people who would consider such a living arrangement?  YES, and who are grateful and appreciative of the opportunity to have this option over a shelter.  Men who easily pass our screening criteria and who have skills, jobs, but don’t have the funds for a furnished or unfurnished apartment.  Most apartments either way require one month’s rent up front and a damage deposit equal to a month’s rent. ?

What we offer is called transitional or alternative housing. Read what one of our students has to say about this system.

It’s a wonderful feeling to be able to incorporate this work into my successful real estate business and earn great positive cash flow along with the personal satisfaction of knowing I have an opportunity in making a difference in someone’s life.”

Matt Gerace – Freedom Choice Properties

Discover more about transitional housing by downloading the free eBook, see sidebar.

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