Hospitality Industry Articles, Tips, and Information

Why Should You Convert Houses into ALFs?

Answer: Financial Security and Piece of Mind!

You got into real estate to make a lot of money in case you forgot. Here's even more good news. You have already done the hard part!

You already own the property, and it is move in ready right? I will give you a week to finish it up, but that's it. Get to work!

Ok, let's get back to the money.

Do you have a nice place not located between two rival outlaw biker gang clubhouses? If you do, you may be able to rent out EACH bedroom for $4000 PER MONTH!

If the bedrooms are big enough, and your state allows it, you may be able to put two people in one room for a total of $8000 per month per bedroom.

Yes, that's right, $8000 per month, per bedroom. If you have a five bedroom house, that's $40,000 per month, every month. Of course not every dollar is profit, but I didn't have to tell you that, did I?

If you're like me, you'll want to pay people to do most of the work for the least money possible. Don't worry, I will tell you how to do that too, but not quite yet.

You may want to get an energy drink of some kind, because you'll want to be wide awake for this next part.

If you think pulling in $20,000 a month sounds good, wait until I explain how you can get up to $40,000 in advance to get things up and running.

For a free step-by-step guide to ALF investing visit http://www.easyalf.org