The Famous George Strait (Jeff Bezos’ Cousin) once said a life living is worth living well. I say, you need to ask yourself how to Vacation Well And Create Money With Group Homes in order to get “Livin’ Well”…..
Which leads me to a thought…
A long time ago, one of my mentors told me the following:
“One Mans Trash Is Another Mans Treasure”
I listened. Why? Because the guy was worth probably $30,000,000 (Back then) and lived in a beautiful home (even he admits personal residences are liabilities)
I bring this up this morning because as I sit writing this in Napa Valley, it is ever apparent. I just looked at my phone and reviewed photos of a dilapidated property that I just acquired for probably $0.20 on the dollar……Yet here I am looking at this view
How to start a group home and vacation when you want
Yet all of this beauty is provided to me through properties like this:
Group Home Fix Up foreclosure
How to buy Distressed Real Estate For Income
You See, This property was one mans trash…..AND I TURNED IT INTO MY TREASURE
(You can see photos and a blog post of it here)
This Trash is Actually Treasure. REAL GOLD
A treasure that allows me to spend a week in the early part of February in one of the most beautiful places in the entire United States.
$300 dinners, wine, private limos, private wineries and 5 Star Resorts where the rich and famous live and play. Lebron James was here a few weeks ago. $10,000,000 – $20,000,000 Million Dollar homes line the hills.
I owe this lifestyle and the riches and experiences that it provides for my wife and family to my business acumen, more specifically real estate and the
INCOME GENERATING POWER OF GROUP HOMES.
You see, regular real estate sounds great. People can brag. I own X dollars of real estate. It sounds great on paper. And if they sell (assuming they purchased correctly) their overall pops can be tremendous. But with capitalization rates as low as they are, someone with a $100,000,000 million empire may actually not have that much money coming in. You see, a 5 Cap building with a 4% interest (and principal) expense doesn’t leave much room. I will write on this topic at another time ( I actually know of people with $200,000,000 Real Estate Portfolios that don’t make any money)
But a $30,000 home with 8 beds and a house manager could yield you the following:
Revenues: $4,800
Utilities: $500
TV/Phone: $100
Food: $350
Rent: $500
Other: $500
TOTAL EXPENSE $1,950
———————–
MONTHLY NET INCOME: $2,850
I TEACH PEOPLE HOW TO GENERATE MONTHLY PASSIVE INCOME IN MY FREE 10-STEP COURSE
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For most of my subscribers, 2 or 3 homes will set you free. Free to do what you want, when you want, with whom you want.
- Want to come to Napa for a few weeks? Go for it.
- Go to Maui for a Few Weeks? Go for it.
- Argentina for a few months? GO FOR IT.The process takes time to get up and going and will not provide you with $50,000,000 capital gains like a 1000 unit MF portfolio very well may.BUT, it will provide you with the cashflow lifestyle that I teach people how to create….
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The best part about this business is that you really don’t need any money.
- You don’t need credit
- You don’t need to talk with bankers
- You Don’t need to put together financial statements
Those are all prerequisites when you want to buy a $20,000,000 asset.
However this business can be done with little to nothing.
You don’t need to own. You can rent the property to get started. Later down the line, I will teach you how to ramp up your game and build wealth through the acquisition of real property….but for now, LEARN HOW TO GET FREE. FREEDOM is the name of the game.
And for most people, $3,000 – $6,000 per month of passive income will do the trick.
Want to learn how to do this? Follow a free, 10-step course and get started NOW.
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START LEARNING TODAY. MAKE THE DECISION TO CREATE THE LIFE YOU WANT IN 2018