Learn How To Increase The Cash Flow On Your RentalsPosted on July 7, 2011 by
This month at our Creative Financing Group (CFG) meeting on Wednesday, July 13th at 6:30 PM at Champps at 7955 North Point Parkway in Alpharetta, GA (map), local real estate expert and subgroup leader Mark Durham will teach you how to increase your cash flow and reduce your maintenance and management hassles on your rental houses.
You should definitely attend this meeting if you want to hold rental properties long term while increasing your monthly cash flow while reducing all of the maintenance responsibilities and management hassles of a typical landlord. This is possible using a very powerful technique known as a Lease Option, which is a form of creative financing where the tenant/buyer leases the house and also has an option to buy it.
At this month’s Creative Financing Group, Mark will teach you:
- What a Lease Option is and is not
- Why you should consider using it for your rental properties
- The difference(s) between a Lease Option and a Lease Purchase
- The advantages and disadvantages of using a Lease Option instead of doing a straight rental
- How to get higher than market rent to increase your cash flow
- How to drastically reduce maintenance and management hassles
- How to fill your properties quickly
- How to negotiate with the tenant/buyer
- What to do to avoid future problems
- How to do a Lease Option transaction and the right forms to use
- How to avoid losing money if you go to court
- And much, much more!
The Creative Financing Group is a new Atlanta REIA educational and networking subgroup led by Mark Durham that is designed to teach real estate investors Creative Financing Strategies for buying, selling and leasing real estate. The group will cover Creative Financing Strategies such as Owner Financing, Subject-To, Lease Options, Lease Purchase, Partnerships, Self-Directed IRA’s and much more! The group meets on the 2nd Wednesday of each month from 6:30 PM to 9:00 PM at Champps Americana located at 7955 North Point Parkway in Alpharetta, GA. Atlanta REIA Members can attend at no charge and guests for $5.00.