Got a cool lesson for you today… read on if you wanna know how to buy or flip apartment buildings!
In my opinion, renting single family properties is a big headache… ask me how I know!
Anyway, that's a story for another day.
BUT, owning income properties (apartment buildings) is something that can make owning rental property worth while.
In fact, I don't even like to call apartment buildings "rental properties". To me, they should always be referred to as "income properties". Simply because they will put income in your pockets.
Below, I've provided you with a simple game plan to get started in the income property arena with no money or credit.
Here's a 4 step process on how to buy or flip apartment buildings...
1. Get the owner of an income property in good shape to let you lease their property for the amount of the current rent
2. Get an option to buy the property *below* the current value (or *at* the current value)
3. Improve the property's performance while increasing income and decreasing expenses
4. Exercise your option to buy the property for pennies on the dollar. Or flip the option for a profit.
The reason I say "pennies on the dollar" is because when you purchase the property at the current value or below the current value while increasing the income and decreasing the expenses, you ultimately increase the value of the property.
That's how it works… and it's easier than you think.
Watch it now and take action.
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