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  1. CashFlowDepot

    STOP Paying Rent: Live For Free

    GOLD! REAL ESTATE 
    Great thread and congratulations on TAKING ACTION!! My only caution is to NOT buy at retail prices - especially with that low low down payment. If the market corrects just a little you would be totally upside down. Aim to buy at 20 percent below market at least - 30 percent would be better.
  2. CashFlowDepot

    How to Negotiate Great Real Estate Deals

    REAL ESTATE 
    DISCOVERING AND SATISFYING "NEEDS" INSTEAD OF "WANTS" For me, the single most important thing I can discover is the real motive for selling or buying. Sometimes sellers, when asked what they want to achieve, act like kids in a candy shop who want some of everything. Anytime I perceive that the...
  3. CashFlowDepot

    Coaching Call - How to Get $10,000 per Month in Cash Flow Without Buying Houses

    REAL ESTATE 
    You are missing the point... the management fee that Property Managers charge is a drop in the bucket to all the other fees they charge - and the other fees is where they make most of their money.
  4. CashFlowDepot

    Coaching Call - How to Get $10,000 per Month in Cash Flow Without Buying Houses

    REAL ESTATE 
    There is a big reason an owner would rather work with an individual instead of a big property management company. 1. The individual will give the property more attention to get it rented fast. You don't make any money until you rent it. VS a property manager will expect to get paid $500 -...
  5. CashFlowDepot

    Coaching Call - How to Get $10,000 per Month in Cash Flow Without Buying Houses

    REAL ESTATE 
    owner lives in California. The property is in Florida. You get the house ready to rent. You find the best tenant for the property. If tenant has a problem, they call you, not the owner who is 1000s of miles away. You collect rents then send the owner their portion of the rent. If the air...
  6. CashFlowDepot

    Coaching Call - How to Get $10,000 per Month in Cash Flow Without Buying Houses

    REAL ESTATE 
    The call will be filled with a lot of information about Master Leasing. I will mention David's seminar in October. He has no books and no home study courses. So, there is nothing to "sell". He only teaches the seminar 1 - 2 times a year. Because I personally have been to the seminar, I do...
  7. CashFlowDepot

    Coaching Call - How to Get $10,000 per Month in Cash Flow Without Buying Houses

    REAL ESTATE 
    There are two ways to structure a Master Lease 1. Fixed Lease - you pay the owner a fixed amount every month even if the house is vacant. You get more cash flow this way, but you take on more risks. 2. Performance Lease - you pay the owner a percentage of the rent collected, when it is...
  8. CashFlowDepot

    Coaching Call - How to Get $10,000 per Month in Cash Flow Without Buying Houses

    REAL ESTATE 
    Yes it can be done in London. I know someone who is doing it there. You must be old enough to legally sign a contract to do Master Leasing. That's 18 years old in most places.
  9. CashFlowDepot

    Coaching Call - How to Get $10,000 per Month in Cash Flow Without Buying Houses

    REAL ESTATE 
    Just a quick reminder about the Coaching Call on Tuesday, August 26th at 7 pm Central. It's all about how to create a $5000 - $10,000 or MORE monthly cash flow without buying houses or getting loans. David Tilney will be my guest speaker. He will talk about how you can find opportunities to...
  10. CashFlowDepot

    How to Make $49,000 in 4 Weeks Without Using Banks or Credit

    REAL ESTATE 
    Here's a spin on the Highest Bidder Sale method which I have written about before - it's called a MAGIC BUS You find an older landlord with multiple properties he wants to get rid of. Could be 10, 20, 200 properties. They will probably need work. Most will be vacant. Instead of doing a...
  11. CashFlowDepot

    How to Make $49,000 in 4 Weeks Without Using Banks or Credit

    REAL ESTATE 
    and YES a 19 year old can do this. Both of my children did their first deal when they were 18!
  12. CashFlowDepot

    How to Make $49,000 in 4 Weeks Without Using Banks or Credit

    REAL ESTATE 
    The Option has a strike price - or the lowest price the seller will take to sell the house. It is much like a reserve. When you advertise the Highest Bidder Sale you advertise that the sale will only happen with approval of the seller, trustee, or who ever is involved. It is rare that the...
  13. CashFlowDepot

    Good first purchase?

    REAL ESTATE 
    With real estate investing, you make your money when you buy. You should never ever include potential appreciation in the equation because it may or may not happen. The global economy is shaky so things can change fast. If something happened and you needed to dump the property quickly, you...
  14. CashFlowDepot

    Crazy Option Deal - The Magic Bus

    REAL ESTATE 
    Sounds like a definite opportunity. Ideally, you'd find out about these properties before there was an advertisement for them. But you should contact the seller to ask, what's the least they would take for the whole portfolio. Send me a PM with more details. I can get an experienced person...
  15. CashFlowDepot

    Crazy Option Deal - The Magic Bus

    REAL ESTATE 
  16. CashFlowDepot

    parking lots

    REAL ESTATE 
    a good friend made millions investing in parking lots in Boston in the 70s and 80s. Not sure what the ROI is now - or the regulations. Remember, you do not have to BUY - you might be able to negotiate a master lease.
  17. CashFlowDepot

    First Apartment Building Acquisition Done

    REAL ESTATE 
    Congratulations!! The best deals are always the ones which are not advertised, no "for sale" sign in the front, not listed. Good job contacting the owners even though it was not advertised for sale. That is how you beat the competition to the BEST opportunities. Next time try to...
  18. CashFlowDepot

    Wholesaling - My First Lead

    REAL ESTATE 
    There is a reason the seller did not reply. You are acting just like all the other arrogant real estate investors who say here's the offer, take it or leave it -- expires in 48 hours. If that is what your investor mentor advised you to do, you need to fire them asap. You are forgetting that...
  19. CashFlowDepot

    Highest Bidder Home Sale, Start to Finish

    EXECUTION 
    Hey all just wanted to let you know that I will be busy doing a Panama Relocation Tour this week ( it is one of my other businesses) then I'm traveling in South America for a week. So I may be a little slow to respond to questions but I will try to get to them when I can. If you don't hear...
  20. CashFlowDepot

    Highest Bidder Home Sale, Start to Finish

    EXECUTION 
    Only the old run down houses that need a lot of work will be sold to investors who pay cash. If it is a nice house in good condition then you are more likely to attract owner/occupants.

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