Can just adding a measly $5 really fix your finances?
Survey says…
YES!
But it depends on if that is a *LEVERAGED* $5 increase or not.
Say what?
Take apartment buildings for example. The power of apartment buildings is the power of being able to do something small and simple and have it produce greatness for you.
Here’s how the $5 fix works for an apartment building owner:
Say you own a 25 unit building.
And you raise everyone’s rent a mere $5 each month.
That’s $60 bucks extra per year for each tenant.
But then times 25 tenants equals an extra $1,500/year in your pocket.
Not bad from just a $5 increase.
Now imagine increasing the rent $50/month. Now you have an extra $600 each for a total of $15,000/year *EXTRA* for you.
That’s on top of whatever the rent already is.
Want more? (Need more?)
Raise the rents as much as the market will bear, or buy more units, improve them, and raise the rents accordingly.
And this raises the value of the property in the process, as commercial real estate value is determined by the internal financial dynamics of a given property, not by comparing it to other properties in the area (as is the case with residential single-family rental houses).
So you don’t need to wait around for market forces beyond your control to raise your property value, you can take an active role in making it happen instantly through your own doing.
How to do this yourself — no matter what your experience level — is exactly what Anthony Chara is going to teach you at next week’s Traction REIA events.
RSVP for the main meeting & lock-in your seat now for the Saturday training (This is going to be a full house):
#1. IN-PERSON: Washington DC Main Monthly Meeting
TOPIC: “Building Generational Wealth with Apartments”
SPEAKER: Anthony Chara
Thursday August 17th IN-PERSON
Hilton Garden Inn Tysons Corner
8301 Boone Blvd
Vienna, VA 22182
6pm to 9pm
#2. IN-PERSON: Full Day Training Event with Anthony Chara
MASTERCLASS :: Multiply your Returns with Multi-Family
Saturday August 19th IN-PERSON
Hilton Garden Inn Tysons Corner
8301 Boone Blvd
Vienna, VA 22182
9am to 5pm
#3. IN-PERSON: Sarasota/Tampa Monthly Luncheon
Focused Networking
Friday August 25th IN-PERSON
Gecko’s Grill & Pub
Clark Road & Honore Ave
5585 Palmer Crossing Circle
Sarasota, FL 34233
12Noon to 2pm
#4. ONLINE using Zoom
TOPIC: “Building Generational Wealth with Apartments”
SPEAKER: Anthony Chara
Tuesday August 29th
ONLINE using Zoom
7pm Eastern
6pm Central
5pm Mountain
4pm Pacific
Tom Zeeb
President
Traction REIA
Washington DC | Tampa | Sarasota | Online
Traction REIA:
14+ Consecutive Year Recipient of the National REIA “Honors of Merit”
and the “Award of Excellence”
For Best Real Estate Investor Association!
