The worst thing an inexperienced or short on time real estate investor can have is cash!
Every day new investors come to us with similar problems. They are losing money on their rents, tenant, bathroom and garbage issues are driving them crazy and they want to get out!
They saw “everyone” get rich in real estate, so they decided they wanted in. They took a couple of courses, read a couple of books, and were ready, or so they thought, to buy rental properties for passive income.
Little did they know that 1/3 of small property owners (1-4 units) are put out of business every year for the very problems they were encountering!
So instead of trying to decide which old-fashioned letter opener to use to open this month’s rent check, they find themselves trying to decide whether shooting or cyanide is the least painful way to escape their property problems.
It wasn’t fun caring for tenants whose sole purpose in life was to make hers miserable. To add insult to injury, they were paying for the privilege month after month through negative cash flow! Sounds familiar?
Many had already sold, most taking losses on their once prized “investments.”
It does not have to be this way.
If they had taken the time to study real estate and learn about triple net leases, trusts and stocks, among other advanced techniques, most of their problems could have been avoided.
As best selling author Robert Kiyosaki says, if you don’t have the knowledge to make money in real estate with no money, you will only lose the money you have, investing without the knowledge.
Fortunately, there is an easier way for the new or passive real estate investor to acquire high-yield investments without spending years and/or thousands of dollars on courses to gain the required knowledge.
The solution is turnkey investments that produce high-yield passive income. You can buy them with just your signature or, if you don’t have good credit, with seller financing in most cases.
With a turnkey investment, a knowledgeable and experienced real estate professional prepares the investment and sells it to you, ready-to-use.
The property is occupied, producing positive cash flow on a monthly basis and there is a profit built into the purchase price, along with an upfront cash payment in many cases!
Most importantly, you won’t have to deal with management, repair, or maintenance issues. The tenant is contractually bound to handle such issues themselves!
All you have to do is (add water and stir!) buy the property and provide an address where you want your checks sent!
These pre-packaged investments make passive income a reality, even making state ownership feasible.
If you have a high enough FICO or credit score (680+), you can buy the investment with just your signature, with no money down!
If you don’t have good credit or just don’t want the hassle of qualifying for a bank mortgage; Let’s say you’re self-employed or a small business owner, you can usually take advantage of seller financing with a reasonable down payment.
If you have an IRA or other retirement fund, you can buy into the investment with your retirement funds and get tax-free returns so high they’ll make you blush when you tell your friends.
When looking for a high-return turnkey investment, you’ll want to make sure it includes:
Positive monthly cash flow and at least 5 other profit centers
No management or repair responsibilities.
No violation of the lender’s expiration clause of the sale
Bulletproof asset protection
The sale does not produce a taxable event
If you are unfamiliar with the meanings of some or all of these terms, you can learn about these and other advanced investing concepts on our blog, http://repg.blogspot.com
You should definitely consider exclusive turnkey investments until you have the time or knowledge to go it alone.
