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Updated over 3 years ago,
"The Real Estate Rental Cash Machine" class online
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- 11/20/21 09:00AM - 04:00PM America/New_York
- https://register.gotowebinar.com/register/7736549060332915212
- $347
Disclaimer: BiggerPockets does not support or sponsor any meetups unless otherwise noted. Do your due diligence before attending any events. You may be agreeing to attend an event that includes promotion, pitching, or high-pressure sales tactics or techniques. There may be pitching of products, services or properties at this event!
https://www.baltimorereia.com/rental-cash-machine-class-november-2021/
Want to own a property that gives you money like an ATM… a dozen properties…a hundred? Learn how with this class!
Your instructor: Janet Tonkins, known as “The Baltimore Real Estate Diva” because she buys properties like other women buy shoes.
Can’t make the live date? Sign up anyway and we’ll send you the recording.
You’ve probably seen TV shows or heard from national real estate gurus about the benefits of owning rental property. Some folks call it the B.R.R.R.R. strategy:
Buy the property — you can use cash or get a short-term hard money loan to cover the purchase and rehab costs
Rehab the property — so a good tenant will choose your property instead of someone else’s
Rent the property — Baltimore is famous for bringing you high rent for a modest investment
Refinance the property — get all your cash back (and maybe more), or pay off your hard money loan with a lower-interest loan that lets you earn cashflow month after month
Repeat the process — there’s no financial limit to how many properties you can buy, which means no limit to your monthly cashflow
Yes, rental income can dramatically improve your lifestyle and help you retire comfortably — even early.
What those gurus don’t tell you is how investing in rental property works right here in the Baltimore metro area. What the numbers look like here. Which neighborhoods are good here.
Now local expert Janet Tonkins offers her hard-earned knowledge to you. Janet’s class is packed with vital information and case studies that make the lessons come alive. The full day of content includes:
Why rental properties
Do you want cashflow for passive income ? Tax benefits? A higher net worth? Tax-free money from refinancing? A career change? Generational wealth? You’ve come to the right class!
What it takes to succeed: attitude, discipline, the right team
How profitable it can be: $100k a year? $250k a year? Yes! It takes time, but it’s doable.
Finding and funding your rentals
21 ways to find rental properties
Determining how much rental properties cost: purchase, rehab, holding costs, etc.
How to make offers on foreclosures — offers that work for both you and the bank
13 ways to find the money to finance your business
Creative financing and how it can help you make more profit on a deal… or get a deal you’d otherwise miss… or both!
The secret technique for buying with no money down — okay, not really a secret, but hardly anyone thinks of it
Minimizing risk
Evaluating your rentals — determining your formula and sticking with it
Buying below market value — the key to equity from day one
Buying in the right area — an area that should stay right — that is, not be declining
Having reserves — yes, you can leverage your money with debt, but don’t go overboard — stuff happens!
The one risk you should never take
Getting the lead out (a multi-million-dollar liability issue, and not just in Baltimore City)
Boosting your return
Rehabbing a property to get more rent (Granite in a rental? You may be surprised.)
Slashing your taxes — why pay more than you have to?
Subsidized housing vs. market rent — myths get busted here
Refinancing a property, taking out extra cash, and using it to buy more rentals — again and again and again and again…
And much more
Building your team ..... Click the link above for MORE DETAILS!