I’m back with another of my 101 cash flow accelerators where you can accelerate your amazing real estate business. Well, one of the things I like to talk about in this segment, we’re going to be talking about lending. When you become the lender. How about let’s lend to our tenant. Now, what that means is not lending them money, lending them equity, the property that they’re moving into that they live in. We have a program called the path to homeownership where we help deserving families regardless of credit or financial background to end up with homeownership and we even teach them and show them how they can do that. We do all we can do. We have marketing to attract those kinds of people that have significant down payments in my world that they have at least 10% down. Then we will do owner financing in the form of what’s called an agreement for deed.
Now, why is that good for you? Well, number one, you shift your business from just real estate. You shifted into the finance world. Well, I say there’s a reason they have those tall buildings and marble floors and drive-through windows and it’s the miracle of compound interest my friends, where $100,000 sale becomes a $500,000 income and yes, that’s absolutely true with what I teach you about owner financing and what I’m teaching you right now is from our volume 10 owner financing system where we can both buy with owner financing and we can sell with owner financing and Oh my goodness, the money is incredible and it really shifts and transforms your business into an income-generation machine where you’re able to get residual income for the next 40 years. Now the way I’ve laid it out for you, I explain it there, but one of the things that’s most valuable is when you sell a property to a buyer, there’s a thing called capital gains and the capital gains are payable.
The next time you pay taxes rolls around, next year you’ve got to pay the capital gain except when you do owner financing when you spread that gain out doing what’s called an installment sale. So now that installment sale means that you pay on the gain as you receive it, whenever that is. So now your gain is spread out now for the next 30, 40, 50 years, depending on the length of time that you do the financing for. Yes, I explained all of that in great detail in the owner financing system. You can learn more about that at StreetSmartInvestor.com click on tools and click on volume 10 owner financing. I look forward to seeing you again soon. This is an amazing thing that I just talked to you about. That’s been incredible in our business. I hope you like it. Love it. Share it with others and I’ll see you soon. Yeah, baby.
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