Dave Lindahl – Apartment House Riches [Real Estate]

Dave Lindahl – Apartment House Riches [Real Estate]

Archive : Dave Lindahl – Apartment House Riches [Real Estate]

Who else wants an extra $10,000 per month working part-time with no tenancy hassles?”

Please carefully read this letter to learn how you, too, can make this happen month after month!!
Dear Colleague,

Consider having an extra $10,000 per month pouring into your house on a consistent basis.

That’s $10,000 in your bank account whether you decide to get out of bed in the morning, spend the entire day at the mall, or play 36 holes of golf instead of 18!

Month after month, that money arrives in like clockwork! This is pure bliss!

Consider what you’d do with that money. Would you rather purchase a bigger house, a nicer automobile, go across the world…. or care for a loved one who is in need? That’s exactly what the money has done to me!

$10,000 per month in under 14 months
I established a strategy that allowed me to build a $10,000 monthly passive income in less than 14 months without receiving a single call from a renter while buying and keeping tiny apartment houses part-time. And I’ll tell you how to do it as well!

Do you think 14 months is a long time? Well, I made an extra $10,000 – $20,000 per month selling the apartment houses I didn’t take straight away, and I’ll tell you how to do the same!

Why would a group of people band together to pay my mortgage, maintenance, and give me money to pad my bank account every month?
They are referred to as inhabitants or renters.

I’ve always been fascinated with apartment buildings. I enjoy the notion of a group of people (the residents) getting together to pay my mortgage, pay for all the upkeep to maintain the property looking nice, and giving me extra money at the end of the month to either put in the bank or go out and have fun with!

I was a struggling landscaper seven years ago. I want a better life but couldn’t manage to put it together. I tried every quick-money gimmick I saw on late-night television.

I tried and tried to make them function, but nothing worked. Then I read a biography of a guy in New York who started with nothing and earned a fortune buying, selling, and holding apartment buildings.

A Common Man Makes a Fortune Purchasing, Selling, and Holding Apartment Buildings
That’s exactly what I chose to do. So I went to the bookshop and purchased every book I could find about apartment purchasing. Unfortunately, there weren’t many of them.

Oh, there were plenty of articles on how to buy and sell single-family homes, which I learned along the road, but I wanted the big dollars!

You know, I quickly discovered that although buying and selling single-family homes makes money, buying, selling, and holding apartment houses makes you filthy, stinking, rich!

I decided I wanted to be filthy rich, so I began researching all I could about real estate investing. My life began to change…for the better as I began to implement what I had learnt.

I acquired my first three-unit apartment building with a positive cash flow of $972 per month and no money down (more on that later)! My annual income increased from nothing to $11,664 practically instantly!

I can’t tell you how terrified I was when I bought my first building! My father had always told me that real estate was a hoax, that there was no way for little ol’ me to make any money, and that if I even attempted, my life would be in big danger.

Every Monday night when I went over to my Mom’s for supper, he filled my brain with all kinds of “sky is falling” scenarios.

So I eventually stopped talking to my father about real estate and started talking to individuals who were actually doing it… and generating a lot of money while doing it!

I was fortunate to find a mentor who had made a fortune in real estate, mostly by purchasing, selling, and holding apartment buildings. He grabbed my hand in his and taught me the proper and wrong methods to invest.

That’s not to say I didn’t make mistakes. Oh, yes! I produced a lot of them, largely because I ignored my mentor’s advise. And then I was too ashamed to tell him about them so he could teach me how to cure them!

I had three houses in three months – six months, nine houses…
I had three additional houses within three months after getting over my trepidation of buying my first. I had nine residences within six months. And within the first twelve months, I had eleven apartment buildings and about $10,000 in positive cash flow!

At the conclusion of that first year, I recall sitting at the kitchen table with my father. “You aren’t still thinking about purchasing real estate, are you?” he says out of nowhere.

“In fact, Dad, I did buy a house and it worked out so well that I bought ten more and now I make about $10,000 a month simply owning those properties and nothing horrible has happened,” I blurted out. In reality, my life has improved significantly!”

His eyes widened, his face blanched, and I assumed he was about to have the big one right then and there!

My father has asked me for financial advice today!

To Make The Big Bucks, You Must Be A Transaction Engineer.
For starters, I don’t simply acquire apartment buildings; I also buy and sell a lot of single-family homes for a variety of reasons. The first is that I had no money when I initially started investing. My first apartment house was paid for with a cash advance from one of my credit cards.

This was not my idea; I had attended a seminar where the guru advised us to obtain as many credit cards as possible, with no recurring costs, and to utilize them for down payments. That’s exactly what I did!

How the “Chunker Method” Made Me Rich and Can Make You Rich!
I accomplished this for my first two properties before running out of credit card funds. So I planned to buy single-family homes, flip them for a profit, and use some of the proceeds to live (pay my expenses) and the rest to purchase another apartment building (get wealthier). This is referred to as the “Chunker Method” by myself.

Even though I still needed money to buy the single-family homes, I borrowed it from others. I obtained it through collaboration with others or through the use of private funds. We’ll go over it further afterwards.

The Unknown Benefits of Owning Apartments vs. Single-Family Homes
Why did I choose apartment buildings over single-family homes? There are several ways to make money! They do;

Cash Flow (a lot of it!)
Can Work Part-Time
It eventually allows you to quit your job and live a better life.
Less competition (just a few of us are aware of it!)
A lot less risk – you don’t lose your entire rent if you lose a renter, as you would with a single-family home.
Tax Deferred Exchange Economies of Scale – Owning 6 apartments in one building is better than owning 6 single-family dwellings. They are far less expensive to maintain.
In an up cycle, prices rise quickly; in a down cycle, prices fall slowly.
Nobody else is teaching this on the ground floor!

Why is cash flow king?
Let’s take a look at a few of these benefits. The first is called Cash Flow. To put it simply, financial flow means freedom. The income flow that you will receive from owning apartment homes will allow you to live in the house of your dreams, drive the car of your dreams, go wherever you desire, and even better care for a loved one or friend.

According to Robert Kyosaki’s “Rich Dad/Poor Dad” book series, everyone’s objective should be to produce MASSIVE PASSIVE Money… which means that no matter what you do with your time each day, that passive income keeps rolling in! Not unexpectedly, Kyosaki accomplished this by investing in residential buildings.

Lower risk, higher cash flow
Another advantage is that there is less danger. If you own a single-family home with one renter and a three-family home with three tenants, losing the tenant in your single-family home means losing 100% of your revenue!

You’ll have to pay the mortgage out of your own money until you locate another tenant! Then you’ve lost your whole profit for the year!

If you lose a tenant in your three-family home, you only lose one rent payment, or one-third of your revenue. You may still pay your mortgage and benefit from the other two renters. You keep your money while making more.

If you owned a six-family home, you would only lose one-sixth of your rent. Do you notice how there is less risk in apartment buildings? Doesn’t retaining your money and generating more money seem appealing?

The Six Key Steps to Wealth Creation
I realized that there were six crucial phases to building money through what I studied and my relationship with my rich mentor. These six steps to riches will be the emphasis of my Boot Camp;

Get Dave Lindahl – Apartment House Riches [Real Estate] right now on Rewbook.com!

Finding the Best Deals
Pre-Screening the Deal Making Acceptable Offers
Raising Capital and Profitable Management
Understanding Your Exit Strategies

During the three-day Boot Camp, I’ll go over each of these subjects in depth. I’ll begin by presuming you know nothing. And by the end of day three, I’ll have you molded into an expert using my tried-and-true tactics!

COURSE CONTENT