Nick Sidoti - "DR. Cashflow"

[Joe Martella]

Hello all,

Nick Sidoti gave a presentation yesterday to my local REIA. He calls himself DR. Cashflow. He basically hangs his hat on the fact that he is the national guru on special needs housing. The local government pays higher rents: He actually markets that it is 3 times the regular rent. He is selling his program for the very low price of $797.00 (sarcasm). Of course, it is a step by step, if you follow it precisely, you will be successful regardless. The gimmicks make is sound too good to be true, but I believe that there is a need for special needs housing, so I am not too sure if it isn't true.

I currently have rental properties and increasing cashflow is always music to my ears.  I also know that most people who purchase these programs do nothing with them or they are too generic that some location specific details are left out.

So here I am, doing some homework.  Are there any of my fellow investors out there that have any experience with this program?  Are the rents collected that much higher? Any ideas?  

I would love to hear from all of you!

[Andrea Sleek]

I property manage 100's of single family homes and one of my property owners asked about the system so I purchased it (on a discount through E-Bay I believe). There was some helpful information, however it gives you no real direction as to who to contact and speak with at these government agencies to market your properties. I was hoping there would be more useful assistance. He suggests you "go through the yellow pages" and look under certain categories.  I actually did some internet searches and was never able to get anyone to call me back as I targeted Vetrans agencies.

Basically in a nut shell you are a long term Air B&B. so you will need to provide furnishings and likely rotate roommates in and out of the property - which the "agency" will help you with.

I was disappointed but if anyone out there had better luck getting in touch with the "agencies" that are in need of this type of housing I'd love to know who they contacted and how it went.