Single Family Rental Houses - PDF Free Download

HOW TO MAKE $5,000 PER MONTH FROM Single Family Rental Houses With Brandon Turner Real Estate Investor Co-host of The BiggerPockets Podcast Instagram: @BeardyBrandon Copyright 2016 BiggerPockets Inc. All Rights Reserved 1

ARE YOU IN THE RIGHT PLACE?

YOU DON T WANT TO WORK YOUR JOB FOREVER.

YOU WANT TO ACHIEVE FINANCIAL FREEDOM SOON

YOU WANT TO LIVE AN EXTRAORDINARY LIFE NOW

YOU ARE SUPER RICH, HAVE A TON OF EXPERIENCE, AND ARE SUPER WELLCONNECTED.

YOU ARE SUPER RICH, HAVE A TON OF EXPERIENCE, AND ARE SUPER WELLCONNECTED. Just Kidding.

WHY $5,000?

TODAY S AGENDA We re going to cover a LOT Special gifts (door prizes!) About Me About BP 3 Ways to Generate $5,000 Per Month From Rental Houses How to Finance Your Next Rental House The Secrets to Attracting Unlimited Deals (and our Live Home Run Analysis! ) How BiggerPockets can help you buy more deals and help reduce the risk Question & Answer Copyright 2016 BiggerPockets Inc. All Rights Reserved 13

ABOUT US BIGGERPOCKETS The real estate investing social network, marketplace, and information hub. Blogs, forums, podcasts, webinars, webinar replays, analysis tools, networking, books, videos, and more all designed to help you use real estate investing to achieve your goals. BRANDON TURNER Real Estate Investor Grays Harbor County, WA Landlord & Flipper Co-host of the BiggerPockets Podcast Married to Heather, new dad of Rosie Author of... several books! Travel addict Youth leader, musician, and avid reader Instagram: @BeardyBrandon Twitter: @BrandonAtBP Copyright 2016 BiggerPockets Inc. All Rights Reserved 18

By the end of this webinar, you ll have the knowledge and tools needed to begin building your own successful single family rental house empire! Or at least gain the confidence to buy your first house! Copyright 2016 BiggerPockets Inc. All Rights Reserved 28

WHY SINGLE FAMILY HOUSES?

WHY SINGLE FAMILY HOUSES? They are everywhere Easy to understand Easy to sell Financing is simple Cash flow AND appreciation Can be easier to manage Improve-able Tenants tend to take better care

ARE SINGLE FAMILY HOUSES THE ONLY WAY? THE BEST WAY?

3 WAYS TO GENERATE $5,000 / MONTH FROM SINGLE FAMILY RENTAL HOMES

1. THE RETURN-ON- INVESTMENT METHOD

1. THE RETURN-ON- INVESTMENT METHOD $5,000 per month is $60,000 per year.

1. THE RETURN-ON- INVESTMENT METHOD $5,000 per month is $60,000 per year. $500,000 x 12% = $60,000

1. THE RETURN-ON- INVESTMENT METHOD $5,000 per month is $60,000 per year. $500,000 x 12% = $60,000 Therefore, $500,000 invested at 12% interest would be $5,000 per month.

1. THE RETURN-ON- INVESTMENT METHOD

1. THE RETURN-ON- INVESTMENT METHOD Can you invest $500,000 in real estate? ($50,000 per year for 10 years?) If not could you flip 2 houses per year to pay for this?

2. THE CASH FLOW PER DOOR METHOD

2. THE CASH FLOW PER DOOR METHOD How much cash flow per house?

2. THE CASH FLOW PER DOOR METHOD How much cash flow per house? How many houses do you need for $5,000 per month?

2. THE CASH FLOW PER DOOR METHOD

2. THE CASH FLOW PER DOOR METHOD $200 per house in cash flow. 200 x = $5,000? 25 houses.

2. THE CASH FLOW PER DOOR METHOD How can you acquire 25 houses? 2 per year for 12 years? 5 per year for 5 years?

3. THE BRRRR METHOD (AKA LONG FLIP INVESTING)

3. THE BRRRR METHOD (AKA LONG FLIP INVESTING) Buy Rehab Rent Refinance Repeat

3. THE BRRRR METHOD (AKA LONG FLIP INVESTING)

3. THE BRRRR METHOD (AKA LONG FLIP INVESTING) Purchase for $150,000 and put $20,000 into it.

3. THE BRRRR METHOD (AKA LONG FLIP INVESTING) Purchase for $150,000 and put $20,000 into it. Rent for $2,000 per month for 5 years

3. THE BRRRR METHOD (AKA LONG FLIP INVESTING) Purchase for $150,000 and put $20,000 into it. Rent for $2,000 per month for 5 years Sell for $230,000 after 5 years.

3. THE BRRRR METHOD (AKA LONG FLIP INVESTING) Purchase for $150,000 and put $20,000 into it. Rent for $2,000 per month for 5 years Sell for $230,000 after 5 years. After expenses, clear $60,000

3. THE BRRRR METHOD (AKA LONG FLIP INVESTING) What if

3. THE BRRRR METHOD (AKA LONG FLIP INVESTING) What if You bought one deal like this per year

3. THE BRRRR METHOD (AKA LONG FLIP INVESTING) What if You bought one deal like this per year and after year five started also selling one per year?

3. THE BRRRR METHOD (AKA LONG FLIP INVESTING) Total income per year: $60,000 Total income per month: $5,000

HOW TO FINANCE A RENTAL HOUSE

HOW TO FINANCE A RENTAL HOUSE Conventional loan Portfolio Loans Partnerships Home Equity Loans Lease options Creativity

Great deals attract great financing.

HOW TO FIND GREAT RENTAL HOUSE DEALS

HOW TO FIND GREAT RENTAL HOUSE DEALS Tactics vs. Strategy

Tactics vs. Strategy

Tactics vs. Strategy The MLS (Agent) Direct Mail Driving 4 Dollars Craigslist

Tactics vs. Strategy The MLS (Agent) LEADS Direct Mail Driving 4 Dollars ANALYSIS OFFER Craigslist DEAL

Example LEADS (100) ANALYSIS (50) OFFER (20) DEAL (2)

HOW TO ANALYZE FOR HOME RUN DEALS

HOW TO ANALYZE FOR HOME RUN DEALS Hand vs. Software

www.biggerpockets.com/analysis

BEFORE WE GET TO THE Q&A + FINAL DOOR PRIZES... LET S SEE WHERE WE RE AT

1.) Are you FIRED UP and committed to using real estate to take control of your financial future?

2.) Do you have an idea how you will make your first $5,000 from single family homes?

3.) Are you prepared to invest the time and hard work needed to make your dreams a reality?

GREAT!

GREAT! But...

I don t know why you came here today.

Tired of working your full-time job? Need to start preparing for your future retirement? Tired of being a wantrepreneur?

HERE S WHAT I KNOW...

HERE S WHAT I KNOW... Our goal at BiggerPockets is to help you reach your financial goals through real estate.

HERE S WHAT I KNOW... Our goal at BiggerPockets is to help you reach your financial goals through real estate. So we ve created some incredible tools to help you get there faster and with less pain.

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