Are you looking for a different direction to take your real estate rental property business?   It may not be wise to sell in this market – that is if you could find a buyer for the price you need to ask – and getting market rents to cover all of your carrying costs is challenging for many property holders.

Have you run out of ideas?  What if you could increase your monthly cash flow 3-4 times on your rentals holdings?  Would you be interested in knowing how?

Using your rental properties as transitional or alternative housing can prove lucrative and a lot less time consuming than you initially would think.  The first concern I hear from people is regarding their time.   Without knowing anything about having a transitional house, they are afraid that to earn an extra (yes extra) $1000 a month – or more – they are going to have to spend equal that in time managing their transitional house.

Well forget it then – who would want to make such an absurd trade?   If you knew how you could take a simple approach to this unique rental scenario and streamline the management while earning that additional $1000 or more net cash flow every month there would be little to stop the money coming your way.   Is that something you could see yourself learning more about and doing?

Download our FREE Ebook, on the right side bar, and learn more about another way to get a better than average return on your rental property holdings.

Is your real estate business circumstance in a similar place as it was last year?  The same ole’ same ole’ game can go on and on, and next year at this time, and you could still be on an identical path – not having moved forward in your financial goals.  By now, everyone has heard the definition of insanity; doing the same thing over and over again and expecting different results.

THERE IS A NEW GAME IN TOWN. And, it’s called THINK DIFFERENTLY AND MAKE MONEY.

Even though the status quo is familiar, and your life is busy enough, it may be time to reevaluate your rental property situation especially if it means defining your bottom line every month with a grin rather than a grimace.

Afraid of change?  Then you must be a nervous wreck trying to avoid it these days, not to mention missing opportunities at making money!  You can either resist or join in and reap some of the rewards.  Anxious that making a change will take too much time?  Naturally, any type of new approach requires a different kind of participation at first.  So I have to ask – are you making money staying in the same old approach?  What if the change was painless and could increase your net rental cash flow by at least a $1000 a month, per property for about 3 additional hours a month?  Would you think it worth a look?  Why keep playing the waiting game with your investment portfolio?  It’s time to think differently, make a change and make $$$.

Download our Ebook, “Max Cash Flow Now” and discover what we’re talking about.

Rich bought a beautiful old fixer-upper in an neighborhood close to downtown, which was gradually evolving from a low income working class neighborhood to one that was now attracting young urban professionals.  He didn’t know when he bought the property that there would be strong opposition by the area’s Neighborhood Association to using this home as a transitional house – renting individual furnished rooms to former offenders of soft crime.  Rich called and asked us what we thought about turning this particular property into alternative housing.

If he went with alternative housing instead of a renting for normal market rates to a single renter, he would let 7 rooms, some private and some with two people sharing a room.  He could make a net monthly profit of a little over $1,200.  Nice cash flow!

While the money would be fabulous and very tempting, we told him to re-examine the strength of the Neighborhood Association.

Using our system we have never had a problem with a transitional house causing disruption in an area, but those not familiar with transitional housing aren’t always as open minded as we would like to give them credit.  They hear the words alternative housing and renting to former offenders, and their imaginations run wild.  Too much TV, and not enough of the facts, and Rich discovered they didn’t necessarily want the facts once their minds were locked into an opposing position.

With respect for the NA, Rich decided to use this particular property investment as a potential flip rather than as a transitional house. Why swim upstream?  There are many neighborhoods that fit the requirements for good location, zoning and where the neighbors stay to themselves and appreciate others doing the same.

A primary consideration when deciding to buy or use an existing property as a T-house – stay away from HOAs, NAs, gated communities, townhomes and condos.  A small and simple 3×2 in a quiet working-class neighborhood can bring you a $1,000 or more net monthly cash flow. The deals are still out there and the best are not in restricted areas.

Discover how you can maximize your rental cash flow by downloading our free Ebook on the right side bar.

Many people have entered the real estate game recently, as either a hedge against questionable earnings in their stock or bond portfolios, or just to increase the return of their retirement accounts.

In some areas of the country, Denver and Indianapolis to name two, there are too many buyers chasing too few real deals, which naturally drives up prices making the “deal” aspect of the potential acquisition vanish.

Logically it should be important to discoverer whether there are ways to take full advantage of what your current holdings could produce.  There are many niche areas in which to investigate that will increase rental cash flow; crash pads, student housing, rooming houses, elder homes, homes for the developmentally disabled, homes for disabled veterans etc.

Take a closer look at you property inventory.  Do you know of a single family or multi-family residence that is close to good public transportation or walking distance to a convenience or grocery stores?  These make excellent candidates with which to operate transitional housing.  Let’s say one of the current rental properties you own is a little 3 by 2, what if it could generate $1,900 a month in gross rent?  What if a 4 bedroom, in a working class neighborhood, could generate $2,700 a month in rent?  Would that be worth looking into, if knowing it isn’t going to absorb all of your time to manage it?

Not only can it be done, but we and others are doing it right now, without leases and with a tenant population that will thoroughly respect your property.  Check out more in by downloading our free Ebook on the right side bar, and start to think differently about how you treat your rental properties and how they treat you!

Waiting – why wait?  Why wait with a negative or measly cash flow? It is not for everyone, but some more entrepreneurial types find creative approaches to making money in a down market.  Is a return on your rental of a $1,000 a month net or $12,000 a year, worth exploring?

I’m talking about Alternative Housing; renting out individual furnished rooms to maximize a property’s FULL income potential.  It does require more time up-front, but after about 3 months, with the right coaching, this approach actually has the potential to become more of a passive income source.  That will depend on your ability to listen to other creative minds!

How do you find tenants who are not students, the elderly, handicapped or Section 8 who will agree to rent a private or semi-private bedroom?  There are many sources, all of whom work to find affordable housing for their clients.  All you need to do is let them know what you are offering and the referrals will be steady and constant.

Many individuals have skills and jobs, but just cannot raise the necessary funds to cover rent on their own.   They could however cover a shared rent with the privacy of their own room and communal living spaces like kitchen, living room and laundry.  You can offer a real home at a fraction of the cost to them, but 3-4 times more monthly cash flow to you!

There is a need and you can supply the answers for yourself and others.  Download our free Ebook, on the right side bar, to learn more and then give us a call or email so we can share additional insights about an opportunity that is perfect for the times.

How many times have most of us taken on a project only to have it turn out to be a total learning experience?  Going in, we may have thought we talked to the right people, asked many of the right questions, researched enough but in the end still were hit with surprises and costly mistakes.  No one has the time or money to spend on a hit and miss investments strategy.

We were talking with a small group of people at our Local REIA (Real Estate Investment Association) meeting who were interested in using their rental properties to make $1000 net profit every month through our system of transitional housing.  One member joined our small discussion group and said he had tried transitional housing with the specific tenant population we work with, with a program he put together himself.  He was disgruntled and said it was not working for him.  His biggest problem was vacancy rates. We suggested meeting with him later to find out what he was doing and offered him a free consultation.

He was the first of two transitional house landlords we met recently who were having difficulty with their properties.  Neither of them were our students and both were doing poorly because of avoidable pitfalls.  During our meeting, we discovered if he wanted to turn things around it was necessary for him to approach areas of his property and tenant management differently, along with how he marketed.

Transitional housing may appear simple to figure out, and it is not rocket science, but there are caveats to every unique business venture.  Don’t confuse learning something new with unusual time commitments or more work, but with simply knowing how to use tried and true choices. Why re-create the wheel?  Get the job done efficiently the first time around instead of on a live and learn basis.

How can you know what you don’t know?   To learn more download our FREE Ebook, “Max Cash Flow Now,” from the right side bar.

“Location, location, location” that’s the mantra for real estate investors.  But what qualifies as a good location for transitional housing?  (To learn about transitional housing, download the free Ebook, “Max Cash Flow Now” from the right side bar.)  The best properties are those that are within close proximity to public transportation and other conveniences, e.g., convenience stores, grocery stores, and banks.

Your location can greatly affect a transitional single-family residence (SFR) or multi-family unit’s vacancy rate.  So be aware when you are evaluating a property you already own or one you are considering purchasing to convert into transitional housing.

Google Maps is great for finding out how close the subject property is to bus stops, and should be no farther than half a mile away. In colder climates, we recommend that any transitional dwelling be no more that .3 of a mile to public transportation.  In warmer climates, public transportation, for stores and banks can be a bit farther out from the house. Keep in mind the closer you are to these services the better.  Here is a tip; free bicycles can sometimes be obtained for this tenant population from faith-based organizations in your community.

Public transportation is a major factor in evaluating a property.  Call your local public transportation district, or find their web site, and search for the specific route that stops close to the target property and determine that routes hours of operation.  You’re in good shape if the hours of operation are early in the morning to late into the evening, so tenants can get home after working long shifts, or coming home from night school.

Whenever you have a house that meets all of these criteria, you will have a more stable tenant base.  Your tenants will not only appreciate the close proximity of these conveniences, but will reward you with longer stays, a well run house and a reduced vacancy rate.  To you that means maximizing your profits!

Multi-Family is the way to go when considering transitional housing.  Transitional housing is defined by renting out clean affordable individual furnished rooms on a weekly or monthly basis. It’s a departure from the usual way of renting to individuals or families and there are things to know that will save you from making unnecessary and costly mistakes. (To learn more about transitional housing download our free Ebook “Max Cash Flow Now” see right side bar.) If done correctly the cash flow return on multi-family dwellings can be awesome. In addition, because you are renting to a particular tenant population you can adjusts the requirements as the property owner in ways that otherwise would be out of your control.

Consider a three bedroom one bath duplex in Denver, Colorado.  Market rents for this one unit is $850 or $1700 for both sides.  If this were transitional housing, the same duplex grosses $3,999 every month.  Would you say that this was worth looking into?

Take a smaller, 2 bedroom, 1 bath per unit fourplex.  Renting at market rates would yield $650 per unit or $2,600 for the entire structure.  Converting it to transitional housing, this exact same fourplex grosses $1,483 per unit or $5,932 for the entire fourplex.  Want to learn more?

Deduct your PITI payment, and a portion of the utilities (regarding utilities – there’s plenty of room in the deal, and it is actually to your advantage to pay.)

Another person we coached who has decided to have transitional housing has a triplex that he was getting the usual market rents.  One unit was a 1 bedroom, another unit was a 2 bedroom unit and the last one was a four bedroom.  He was grossing $1,975 with normal rents, but now doing transitional housing, he grosses $3,140. Can you say — sweet?

Are you beginning to get the picture?  If you are a real estate investor who is holding or considering rental property, you really should consider this system for your real estate portfolio.  With a minimum investment, right guidance and coaching to avoid any pitfalls you can earn max cash flow now.

Take yourself on vacation using your increased rental property income.  I was driving home in 11-degree temperatures from a meeting with one of our rental property owner/students.  He was telling me about his upcoming vacation to warm and sunny Mexico.  While some of you reading this are in warmer climes, most of us have been hit by an unusually cold winter and our minds go on vacation more often than our bodies!  We all could use a vacation to break up the winter months.

Our student mentioned that he skimmed a little off his rental income every month to add to his vacation fund.  Not a bad idea I thought as I watched the snow blowing along the side of the road.  In most rental situations, the property owner does not have anything at the end of the month to skim. What I heard our student/rental property owner say was “Before I worked with your program my gross rents were barely getting the expenses paid; now it does that twice over and leaves me a little play money.”  Oh, the joys of having a little play money – practically unheard of in this economy.

Not everyone would take this approach with the additional income they generate from their rental properties.  I understand.  Some would even think it bad business not to put the entire added profits back into their investment, but then again . . . live once and enjoy it!

There is so much room in the deal after transforming your rental property with our unique approach that considering taking a little every month and padding your vacation fund may not be such an imprudent idea.  How many rentals do you have right now that would help pay your way to Mexico or Hawaii this winter?

To learn more about our method download the FREE Ebook from the right side bar.

Converting a conventional rental into alternative housing can be quick and simple.  We have created a method that keeps conversion costs to a minimum.  Most multi-family and many single family residences (SFR’s) can be transformed into a much more profitable venture.  One important point is to make sure you check with your local zoning authority first.  You will want to find out how many un-related individuals are permitted per unit, within your property’s particular zoning district.

Why check out at this option?  Profit is the answer.  $450 a month for a private room, $750 a month for a semi-private room adds up quickly.  How many bedrooms does your rental have?  How many are at least 144 sq. ft. that can be made into semi-private bedrooms?  Then there are family rooms and porches that could be converted into an additional bedroom?  Use a calculator and add it up.  You will be amazed to find that in most cases you could be earning at least $1,000 a month in NET INCOME.  With the particular tenant population we rent to, we never run out of tenant applicants and our students are looking for more residences to buy to fill with an on-going stream of tenants.

One in 6 Americans knows somebody or have themselves served time for a crime – That’s a heck of a statistic.  Many of those imprisoned are serving time specifically for a “soft” crime. Soft crime, while still an offense is defined as a crime that is non-violent or not against a person.  When that person is released and working to get on with their lives, they require reasonably priced housing that supports their hard work. We rent to fellows who are released from half-way houses or work release programs.  These individuals have served their time, have jobs and need to find affordable lodging.  The stereotypical idea that all former offenders are thugs just is not true anymore.

As a result, many questions remain.  All of these questions are answered in our FREE Ebook that can be downloaded by inserting your email address in the box on the right sidebar.  Come on – the times call for thinking about making money in new and different ways!