Any other Cash Flow producing techniques?

Viewing 8 posts - 1 through 8 (of 8 total)

Nathan Houareau
Participant
@the-general
Join Date: 2006
Post Count: 107
August 3, 2006 - 9:27 am
Hello
Apart from Wraps and Lease/Options, are there any other Cash Flow producing real estate techniques?
Thank you very much for your help
Nathan
Nathan Houareau
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Xenia
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@xenia
Join Date: 2002
Post Count: 1,231
August 3, 2006 - 11:38 am
we have used renting out each room in a house to a different tenant on a different tenancy agreement.
Have done this successfully for both ourselves and for clients.
cash flow is increased from market rent of ~350 per week to ~700 per week for a 5 Br house.
Xenia Ioannou-Mena
Property Manager &
Property Sales Consultant
E: [email protected]
M. 0412 437 582
Nathan Houareau
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@the-general
Join Date: 2006
Post Count: 107
August 3, 2006 - 3:19 pm
Mate, you are awesome. That is such a fantastic idea.
Am currently living in student accomodation (which works in exactly the same way as what you have just mentioned). And to think, the idea is right under the nose.
Cheers Xenia
Nathan Houareau
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islandgirl
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@islandgirl
Join Date: 2006
Post Count: 55
August 3, 2006 - 10:01 pm
Just curious as to the best way to go about this. There are several properties I am interested in that this could be applied to. How do you go about managing the properties. Do you just use the normal RE agent and a normal rental agreement. Is there any other legal requirements etc.
Xenia
Member
@xenia
Join Date: 2002
Post Count: 1,231
August 4, 2006 - 3:15 am
There are not many agents that offer this as a service (too hard).
we are the only ones in Adelaide that offer it as a property mangement service.
If you are in Adelaide, please email me, I can help out!
If not, then check with the tribunal in your state, it is not a normal tenancy as it applies only to the room. It is a rooming house agreement.
Xenia Ioannou-Mena
Adprop Pty Ltd.
Property Management and Sales
E: [email protected]
M. 0412 437 582
Xenia
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@xenia
Join Date: 2002
Post Count: 1,231
September 7, 2006 - 1:01 pm
Hi Nathan,
How did you go with this one? Found a suitable property yet?
Investment Property Management
http://www.adprop.com.au
freeman cooper
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@freeman-cooper
Join Date: 2006
Post Count: 115
September 8, 2006 - 1:39 pm
Hi Nathan,
I know some guys that tried something but are now in jail.
wealth4life.com
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@wealth4life.com
Join Date: 2003
Post Count: 1,248
September 9, 2006 - 1:59 am
Reduce debt = increase cash flow = +ve gearing = better purchasing opportunities = repeat.
What is your goal Nathan? how much do you want to make in life?
good luck … D