Master Leasing Millions
Hey girl!
Are you ready to embark on a journey that could transform your financial future? Buckle up because we're about to delve into an exciting corner of the real estate investing world, and trust me, it's could be a game-changer. Get cozy, grab your favorite snack, and let's chat about Master Leasing – the secret weapon in your wealth-building arsenal.
First things first – what exactly is Master Leasing?
Imagine this: it's like renting a property from a landlord and then turning around to sublease it to another tenant or occupant. Simple, right? That's the beauty of it – Master Leasing offers a straightforward approach with the potential for lucrative rewards. And you don’t even need to own the property.
Now, why should you consider jumping into the Master Leasing game? Well, let me paint you a picture.
Picture financial freedom at your fingertips – the ability to generate income with part-time effort. With Master Leasing, you can dip your toes into different neighborhoods and property types without the hefty commitment of ownership. Plus, you'll have access to high-quality properties that might have seemed out of reach otherwise. You can even add an ‘option to buy’ to your lease so that you are the first to know when the owner is ready to sell.
And here's the kicker: you don't need a fancy license to get started. While becoming a property manager might require some paperwork and classes, Master Leasing is open to anyone willing to put in the effort. Plus, it's recession-proof – because let's face it, everyone needs a place to call home, no matter the state of the economy.
But wait, there's more! (I know!) With Master Leasing, you get to enjoy all the perks of ownership without the headaches. Leaky roof? Faulty water heater? Not your problem, girlfriend! And here's a little secret – even properties with negative cash flow can still bring in some serious dough with the right lease.
Now, let's talk strategy.
Once you've earned the owner's trust – and trust me, you will – they'll be singing your praises to anyone who'll listen. And when they decide to sell? Well, guess who they'll be calling first?
But here's where it gets really exciting. You can negotiate different lease types. Whatever works best for your owner and for you. Performance-based? Fixed? You name it! You can even add to your lease agreement that you get a slice of the appreciation pie. Here’s just a few of the ways a master lease can be structured.
Performance-Based Master Lease Contract:
Think of this like a flexible deal. The person leasing the property agrees to pay the property owner a percentage of the money they make from renting out the property to others. So, if the property is doing well and attracting tenants, the owner gets a cut of that success and so do you! But if the property isn't making much money, the person leasing it might not have to pay as much or anything at all to the owner. It's kind of like sharing the ups and downs of the property's income.
Fixed-Based Master Lease Contract:
This one's all about consistency. The person leasing the property (aka YOU) agrees to pay the property owner a set amount of money every month, regardless of how much money they're making from renting out the property to others. It's like having a fixed rent that doesn't change, even if the property isn't doing as well as expected. While this provides stability, it also means the person leasing the property has to pay the same amount even if the property isn't making much money.
It’s like subleasing on steroids.
Now, let's chat about the otherside finding those dream tenants. Screen them like a pro with a set of killer questions. Remember, it's a people business – so show 'em you care!
When it comes to leases, make sure they work in your favor. No deposits, options to renew, and let's not forget, have the tenants handle their own maintenance calls. Set them up with all your best contractors and touch base with your contractors after the call. Then you will know who’s fault that backed-up toilet really is.
But here's the thing, – success in Master Leasing isn't just about the transactions; it's about building relationships. Show your owners and tenants that you're not just in it for the money – you genuinely care about their experience.
So, if you're dreaming of building wealth with part-time effort, it's time to give Master Leasing a whirl. After all, someday is today – and trust me, it's worth it.
If this sounds like it’s RIGHT UP your alley, then check out Lindsey Jensen’s website where you can find out more, including her masterminds and free training.
https://www.cleverkittyinvesting.com/
Now go make millions! 🏡💰
Love, M
Mackenzie Page is a Realtor, Investor, Writer, and Herder-of-Chickens living on her small hobby farm in Denver CO with her partner, and rescue pup. As a board member of Rocky Mountain Women Invest she runs the website, blog and future podcast. Follow, like and share!
Disclaimer: The information provided in this blog does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available are for general informational purposes only.