Raking in thousands of dollars at a time has never been this easy.
I know you’ve heard all the real estate stories by now, and you’re probably growing a little skeptical, but this quick-fix will open your eyes and provide you with the opportunity to rake in thousands of dollars each time you use it.
There’s no limit to how many times you can apply this, but you should start as soon as you can so you can have these thousands flood into your account as soon as possible.
I understand that the thought of investing in real estate might seem scary at first, but once you take that small step into your first property, you’ll be dazzled by a life of wealth and comfort.
That first step is the biggest deterrent to most people, but I want to make it much easier for you and provide you with the opportunity to have thousands of dollars rush into your account each time you use this simple step.
One man’s trash is another man’s treasure.
I want you to keep that in mind as we move forward, because it’s pertinent to what we’re going to be doing.
The secret to bridging your short step into the real estate investment world comes from finding properties that have small problems.
You’ll need to make a sound judgment call between a cheap, easy problem and a headache-inducing problem.
But that shouldn’t be too hard.
Simply consider your skills and finances.
A lot of properties will sell for dirt cheap because of old carpet or outdated counter-tops.
This fix could cost you a couple grand, but you would’ve saved anywhere up to tens of thousands off the buying price, and when you go to sell you’ll have added tens of thousands to the selling price.
I’ll break it down for you.
You find a home that has these two minor problems.
It’s on the market for $150,000, but you use these issues to your advantage.
It wouldn’t be unfounded for you to offer $130,000 while emphasizing that these two issues are “a big hassle to fix.”
You’ll obviously come across some stubborn sellers, but that’s when you move onto the next property.
Let’s say you succeed with this offer. On paper, you’ve saved yourself $20,000. Take $5,000 (at most) out of that for the repairs, and then place your home on the market for $180,000.
It sounds ridiculous that such a miniscule cost could add an extra $50,000 in value to a home, but considering the house was “originally worth” $150,000, you’re really only adding $30,000.
It’s your newfound investment know-how that got you that extra $20,000.
So there… you’re in $45,000 of profit from this property flip ($50,000 from the house – $5,000 in the minor repairs).
This is when you’d move onto the next one.
By doing this twice a year—which would mean you’re sitting on your couch for over ¾ of the year—you’d have a stable and steady income of at least $90,000.
Ramping up your investments to 5 a year would yield you a yearly income of $225,000 per year.
Now imagine the possibilities when doing this with homes worth $300,000 and more…
The opportunities are endless when it comes to how much money you could rake in from these quick-fixes.