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Event ID: 256587 Event Status: On Schedule
Event Description

DR CA$H FLOW’S  HOME REMEDIES FOR REAL ESTATE INVESTORS

HOW TO GET 2 OR 3 TIMES MORE RENT AND MUCH BETTER TENANTS WITHOUT SECTION 8

 

You have heard it all before.  Some of us have even said it ourselves; ”Being a landlord can be a pain.”  Most people in this country will agree that it makes a lot of sense to buy property and invest in real estate.  We also know all the benefits of investing in real estate.  You probably have heard that real estate is the “IDEAL” investment.

Income

Depreciation

Equity Buildup

Appreciation

Leverage

 

Income is the main reason and benefit for investing but, real estate has a very big drawback “BAD TENANTS”. I’ve heard all the horror stories and the warnings from other people who say; “Don’t ever be a landlord it will make you crazy” or  “The day I sold my properties is the best day of my life” or “Tenants will break everything” or “Tenants don’t pay their rent, steal from you, and skip out on you”. Re-member the movie “Pacific Heights”? Anyone who has ever invested in real estate or has had a friend who invested in real estate has a “tenant from hell story”. Sad part is, these complaints and stories are true. As you have probably guessed, I have my own stories and have had a couple tenants from hell. Most of my “normal tenants” in the past 40 years of investing have been okay.  Notice I said okay, not great.  They stay a year or two; they pay their rent between the first and the fifth most of the time.  Most of them left their rental in okay condition.  Okay, meaning I still had to clean up after them, clean up their junk, paint the units, strip out all the carpeting, and replace their carpeting.  Then there were the tenants that were very far from being okay.  They did not pay their rent on time; they were slobs that destroyed my property.  The old saying is true, “One  rotten apple spoils the whole barrel”.  It wasn’t long before these rotten apples caused me to get burned out.  I was spending my time managing, also known as running adult day care centers, and no longer looking for deals and investing in real estate.  Real estate investing is a game.  It is all in the numbers.  If you want to be financially independent you have to keep buying properties and building your portfolio.  But, the more you buy, the more tenants you have, and the more chances you have of getting the “tenant from hell”.  Even if you never get the tenant from hell and all your tenants are “okay” when you start building your portfolio, buying more property and getting more and more tenants, even the okay tenants, will burn you out.  It was because of being burned out by these okay tenants that I decided not to go down the same path that every other landlord was going down.  I was no longer going to be a general practitioner, I was going to be a specialist - a housing specialist with a niche of providing housing for those in need.  I developed a system of getting much better than okay tenants; I was getting GREAT TENANTS and, more money.  When I say more money I am talking about a lot more money, doubling or tripling my cash flow without buying more property.  The system I am talking about is “The Landlord’s Guide to Special Needs Housing”.

To learn how you can GET 2 OR 3 TIMES MORE RENT AND MUCH BETTER TENANTS don’t miss my presentation at the

ACRE of Pittsburgh  Monthly MEETING

TUESDAY, MAY 7th, 2019

Nick Sidoti AKA “DR CASHFLOW” has been

Investing since 1979 and the national expert on student and special needs rentals. He has lectured to thousands at real estate conventions across the county-try since 1981. He is an award-winning columnist for his column, “DR. CASHFLOW", which is featured monthly in some of the most widely circulated real estate investor publications in the nation. Nick has been profiled and featured in the KIPLINGER FINANCE MAGAZINE for his innovative ideas on increasing cash flow with Special Needs Housing™.     

 

Prior to the Main speaker at the monthly meeting we will have

Genius Mastermind Networking with Board Members starting at 5:30 in the Hotel Bar

Networking with Vendors,

Networking with other Members,

General Q and A with board members starting at 6:30

Properties For Sale

Landlord Update

Legal Update

 

And as always, First time Guests and children under 18 can attend the meeting for free

 

Register in advance at www.acrepgh.org

Event Details
Event: Dr Cashflow - How to get 3 times rent without Section 8 Members: Free
Where: Green Tree DoubleTree Hilton Hotel Non Members: Free
Address: 500 Mansfield Avenue Meeting Place: At Event Location
Location Website: Link Meeting Address: Same as Event Location
Meet Loc Website: n/a Meeting Time: 5:30 PM
Location Phone: 412-922-8400 Parking Cost:
Start Date-Time: 05/07/2019 - 5:30 PM Reg. Deadline: 05/07/2019
* End Date-Time: 05/07/2019 - 9:30 PM PrePay Required: No

Event Leader:
Edward Benz
Contact Leader
     

Location (More Detail)
Event Location: Green Tree DoubleTree Hilton Hotel
Address: 500 Mansfield Avenue
 


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