You buy a property for $210,000.
You spend $10,000 on a lick of paint and making the place suitable.
Then, instead of getting $350 a week rent – which would be typical for a property in this price range.
You get a whopping….$1,200 a week on average!
This means your total net cashflow on this property is as much as $35,200 per year!
And, here’s the most amazing part.
I am not talking about…
– Vendor finance
– US Property
– Or even Commercial property.
This is residential property….but with a twist!
How is this even possible? Good question.