GENERATING ADDITIONAL REVENUE PART 2

In part one of this series I talked about increasing your revenue by adding ads to your website.

Consider adding property rental services and property management services to your business or agency.

Consider these five scenarios where you could offer these additional services and increase your revenue.

1. You have a house for sale but due to the current market conditions it is not moving and the seller is moving to a new job. You could offer property rental and management as an alternative to the seller until market conditions improved. When the market improves and the seller is ready to try again the seller will remember you for the listing because the seller has been in contact with you every month when you provide the property reports and rental checks.

2. You have a ton of foreclosures in a current depressed area (Detroit for example) and you target your marketing to a high value real estate market (California or New York for example). A buyer could purchase purchase 10 foreclosed homes. Rehab each home, rent 9 of the homes. Live in the first home for 2 to 3 years sell and take there profits. move into the second home for 2 years sell and take there profits. On and on. You would make money on the sale of the property and you could also earn additional income by acting as a rental agent or property manager for the investor.

3. You have a ton of foreclosures in a current depressed area (Detroit for example) and you target your marketing to a high value real estate market (California or New York for example). A buyer could purchase purchase 10 foreclosed homes. Rehab each home, rent all of the homes and have a very nice income every month for the rest of there life. You would make money on the sale of the property and you could also earn additional income by acting as a rental agent or property manager for the investor.

4. Consider that for the price of one single family rental home in Placer County I could purchase the commercial property below and 10 of the similar forecloses which are listed below also. A smart investor could live in the apartment on the commercial property and sit back and rake in the income every month. You would make money on the sale of the property and you could also earn additional income by acting as a rental agent or property manager for the investor.

5. Now consider if you were to attract a potential investor who owned a principal residence and a single family rental what that investor could purchase and the income you could generate form the sales and property rental and or management fees.

$215,000.00 Commercial property with billboard, cell tower and apartment http://detroit.craigslist.org/rfs/779914779.html

$9,000.00 http://detroit.craigslist.org/rfs/779459473.html

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