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Updated over 2 years ago,
Unique investment strategy for building passive income!
Hi, my name is Julio Ochoa. I am an investor/developer in Northern California.
There are a lot of opportunities here to find land allowing 4 units, and build new fourplexes.
Using Airbnb can 2-3x the income of a rental property, if it is in populated & traveled area.
This is why the nor-cal bay area is a great location for these types of assets.
The investment strategy is:
Buy land -> Build Housing -> Airbnb the property -> Refinance -> Repeat/Reinvest
The advantages of this strategy are that:
- You avoid costly & strict commercial class codes & regulations (due to unit amount, less than 5)
- You are massively improving the property by taking it from dirt to highly demanded housing
- Building new means you will not have any repairs/maintenance to worry about
- Airbnb improves the income of the property reducing investment risk
- Refinancing means your capital will not be stuck, allowing it to be reinvested & grow
- Once your capital has grown large enough (2-5 years or a few fourplexes), you will
be able to invest in a long-term cash-flowing asset that will provide enough passive income to retire you/your family)
Thanks for reading and if you have any questions or want to discuss any of this with me, leave me a reply or send me a message!