Real Estate Profits with Alternative Housing. DuPage County, ILL

Real Estate Profits with Alternative Housing. DuPage County, ILL

There is a method, which increases your net monthly income on your rental properties considerably while you’re waiting for the market to bouce back. At present, many property owners are holding rental property and are either in a negative cash flow position, breaking even or perhaps making a modest profit. They are waiting and holding on for the market to revive.

Waiting – why wait? Why wait with a negative or measly cash flow? It’s not for everyone, but a few more entrepreneurial types discover 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 investigating? I’m talking about Alternative Housing; letting out individual furnished rooms to maximize a property’s FULL income potential. It does involve more time up-front, but after about 3 months, with the right instruction; this approach actually has the potential to become more of a passive income source. That will depend on your capacity to listen to other creative minds!

How do you locate 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 stable and constant.

Many individuals have skills and jobs, but cannot raise the required 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 provide the answers for yourself and others. Download our free Ebook, at our main blog site, to learn more and then give us a call or email so we can share further insights about an opportunity that is perfect for the times.

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