Don't go down with the ship....a tale of 1 million dollars!

Facebook Live post: 4/4/2018

In this original FB live post, Cashflow Kris discusses the state of the economy as trade war loom and the stock market is taking a massive hit.

Kris talks about the history or the stock market, and discusses the topic of INSANITY! Finally Kris will break down a tale of a Million dollars, invested 2 different ways in 2018 and 2019.

Please leave a comment or question regarding this or any other topic.

Free REI online seminar tomorrow 4/5/18 https://events.genndi.com/register/169105139238471856/3024f855c6

How a down market can KILL your retirement plan!

How a down market can KILL your retirement plan!

Cashflow Kris explains how a down year in the stock market can set your retirement goals back in a big way. 

Do you have a plan to avoid the next stock market bust? 

#retirement #stockmarket #realestate #rei

Transcription: 
Hey everybody! How are you doing? It's Kris Ontiveros with Investors Edge Real Estate Group here in Phoenix, Arizona.
In our current market, which we are in February of 2018, we've had a couple of really bad down days. The stock market has had two 4+% losses in just the last week, so all of the gains that we had, which were awesome, the stock market has been doing fantastic, don't get me wrong; but all those gains that we had are just instantly wiped out. That is the problem, and that is the trouble with investing in the stock market. Majority of America dumped 96% of all retirement money is in the stock market. Only 4% is self-directed, and that's a major problem. 
On this video, I'm want to show you how one down year can really, really hurt your retirement plan. This is the problem, your financial adviser, they're not going to tell you about down years. One of the differences between real estate and the stock market is that with real estate, in cash flow, you're not going to have a down year. You're always going to be able to control the amount of income that you have, and so that cash flow is never going to be a negative. You're never going to lose money on a deal. Now, real estate values also go up and down. They're not nearly as volatile, but you might have a down year. But the beauty is when you're talking about retirement, the value of the real estate makes zero difference. It's all about the cash flow. Again, that's not something your financial advisor is going to tell you about, because he probably doesn't know anything about it.
Let's get started. This blue line here, this is what the stock market industry promises you. This is what Wall Street says is going to happen. Let's just do some math. If we start at 50,000, and we make 10% a year, over 15 years, you'll be over at 208,000. Really good. It's nice upward trend. When you look at the books, if you read the books, and you go on their sites, these are really the kind of lines that you're going to see, but this is not realistic with the stock market. I want to show you what one bad year could do because this year might be the bad year. I hope it's not. I hope the stock market continues to keep going up and up, but we all know it's not going to happen. It's been, what about, 10 years now since we've had the last down markets. We've got 10 up years, which is not common at all. 
Let's look at this. Here's what Wall Street tells you is going to happen with your 50,000 when you invest it. But here's the reality. Let's grab the red marker. This is what happens if you have a 10% down year. Let's just say you started last year with 50,000. Let's guess that in 2018, we're going to have a negative 10, which happens all the time. That's going to take us down to below 50. And now, our starting point is much lower. Assuming that there's only one down year, which it's not going to happen, but let's just look at it. We go, it goes up, up, up. Eventually, we're going to get up to around the 170,000. If we have one down year, it's going to set you back. Instead of 208,000, you're going to be almost $40,000 short of that; 20% short on one down year.
Here's the problem is the gap. Let's just say you don't even have a 10% down year. Let's just say you have only a 5%. If your projected 10, 10, 10, and you had a negative 5, if you want to catch up the next year, it's going to take a 27% return to get you back to even. If you go down here, and you want to get, and you're two back up to here, that's a 27% return that you're going to need to get the following year. Do you know how to make 27%? Better yet, does your financial adviser know how to make 27%? I highly doubt it.
The next line we're going to look at is cash flow. Strictly rental real estate. Our rental income from our real estate. This what is great about real estate. There's multiple ways to make money. This is for the passive investor in the stock market. The only way for them to make money is in an up market. Yes, if you get technical, and you know how to trade, you can make money in a down market. But that's not the passive investor. The passive investor has to have an up market to make money. 
Here's what cash flow looks like. As you start here with ... All we're going to do is assume a 3% appreciation rate in rent, and later on, we're only going to show a 3% appreciation rate in value, which we're not too worried about value, but I still want to show you the power of it. At 3% growth, real estate is not going to keep up with the stock market at 10%. It generally doesn't. It is a little bit less, but with all the many benefits of real estate, it makes it a much better return in the long run. Here's our cash flow. You can see it's going to be a nice 3% trend. Up, up, up, up. stock market is finally going to recover and surpass us, boom; 140,000. We took our 50,000, and we've taken it up, and now it's worth 140,000. That's just going to go. 
You can see, oh, stock market's got us beaten. Even with the down market, the stock market's got us beaten. That's not true. Let's look at a traditional stock market. A traditional stock market is going to have at least two down years in 15 years. Really that last year might be a third. Now, let's look at the stock market with two down periods. We're starting down here again. Stock market is going to go up. But then, we've hit the seven-year mark again, and so now we're going to have another down year. And then, it continues to recover, and boom. A little bit less than real estate at only 3%. Your traditional, this is what's going to happen. It doesn't go on a straight line. You have your down years in the stock market. 
A traditional stock market is going to hit you, get you up to about 140,000 opposed to 145,000 for your straight cash flow. But what if you have a down year? That's what I don't like about stock market. One of many things, is it's a financial roller coaster. When are you going to get off? Maybe I want to retire in 2030. What's the stock market going to be like? Any prognosticators out there? Anybody with that magic ball, that magic crystal ball? Tell me please where is the stock market going to be in 2030. Is it going to be an up market? Is it going to be a down market? Are we going to be higher? Lower? Where are we going to be? You don't know. Nobody knows. That's why I like real estate. 
What if you have a down year when you want to retire? Instead of up here at 140, another 10 negative, another bad year, you're down to 114,000. They promised you, "Oh yeah, just stick it in for the long term. You'll be at 208,000." When in reality, there's a really good chance you're going to be at 114,000. This is very common. A lot of people have their plan but it requires too many assumptions by your financial adviser, and a lot of times, you're not going to get there. The main reason is because they don't have a very good return on investment. 
This is just the cash flow in real estate. Now, we're going to get to the nitty-gritty on why real estate is so much better. As I've said in my previous videos, there's five reasons why real estate is a superior investment. Number one is leverage. With the same 50,000, we can leverage at 5 to 1, but we're just going to assume 4 to 1. For a $50,000 down payment, we can buy a $200,000 property. Now, we're only going to assume a 3% appreciation rate on this one. On this we're talking about equity. Two of the great things about real estate: First of all, that it goes up and you get to leverage, and so your larger asset is going up in value; but secondly, is with that leverage, your tenant is paying your loan down. Every single month, your loan gets smaller and smaller. The value goes up, the loan goes down, and so your equity grows. 
If you want to look at the equity portion, you put 50,000 down. This is assuming we're not getting a discount. You put 50,000 down, so you have 50,000 in equity. You owe 150. Watch it grow. It is going to grow so much that we're not even going to be able keep it on the chart. If we wanted to write this down, it would be way up there, because your equity in 15 years is going to be 311,000. That's only at a 3% appreciation rate. Historically, for the last 100 years, Arizona has appreciated at around the 6% to 7% clip. We're only going half on the valuation. We're only going half estimates on the cash flow as well. 
You can see, the difference is so clear. I don't understand why people are in the stock market when you have an investment like real estate. Again, let's look at it. Very, very best case scenario, you're up here. You turn your 50,000. There's a 15-year plan; it's a long time. You turn your 50 into 208. Great. What are you going to do with that? Next, most likely, you're going to be between 140,000 and 170,000 in the stock market. Your cash flow is going to take that 50 up, and you're going to make 145,000 in those 15 years. But just look at your equity, guys. 
Remember now, this property, you put it on a 15-year mortgage, so it started here. While the valuations were going up, the amount you owe is going down. After 15 years, you own nothing on the property. It's worth 311. It's probably going to be worth more than that. This is a very conservative number. You have 300,000 in equity. You've made a 145,000 in cash flow. And so now you have a value of over $450,000. That's going to be double. It's going to be triple. It's going to be a much better investment than the stock market. 
Here it is. If you want to protect your retirement account, don't worry about the stock market roller coaster. Worry about cash flow. Worry about passive income. And use all the benefits, the five benefits of real estate, to improve your retirement plan. If you to set up an individual retirement plan, and I'm talking here's where you are, here's where you need to be, we can get you there. We will set up an action plan so you can create the cash flow that you need to be able to retire wealthy, instead of just getting by.

West Phoenix Wholesale Property

Kris does a walk through in a West Phoenix wholesale deal. This property needs a lot of work and is being sold as-is. This is a typical deal you can buy well under fair market value. When purchasing a rental or personal home you should consider buying a wholesale deal from Investors Edge Real Estate Group. By purchasing and rehabbing a property (we have all the contractors you need), you will have instant equity. In this example, if you purchased at $115k and put 15k into the property, you would have $20k instant equity, as the property would sell for $150-$155k in today's market. 
If you want to discuss anything real estate or wealth building, send us a message and lets connect!

Kris Ontiveros
krisonti@gmail.com

Flip tip - Appliances

https://youtu.be/cvlBQ_V0wOI

Flip tip - 3 tips when buying appliances

When we are flipping homes we are looking for consistency. One of our consistent items has been our appliances. We use the same builder grade appliances all of our properties up to $300k. We will upgrade for higher priced properties since they are generally pickier buyers. Here are 3 tips to keep in mind when choosing your appliacnces. 

1. Use stainless steel: We use stainless steel appliances because it is very popular and is a big bang for the buck. We always want a few WOW!! factors with our properties. People buy based on emotions, so the more warm fuzzies they have while viewing our properties the better. 

2. Buy builder grade appliances at your local appliance wholesaler.
We use Frigidaire or GE appliances, depending on what is currently on sale. We receive investor prices at a local appliance store which saves us a little bit each purchase.

3. Skip the refrigerator.
There is alays differing opinions with this one. Many people believe in providing a refrigerator. I've always gotten away without putting them in my flips. Buyers won't be impressed with a cheap entry level refrigerator, and a good double door refrigerator is $1500 - $2,000. When you are flippin 20+ homes per year that really adds up. 
We always put in matching microwave, dishwasher, and stove combos. This generally runs around $1,200 installed and with all the installation kits. 

We found a system that works and we stick with it. Appliances is now one item we don't have to think about. We just order them and move on to the next issue. The more systems and processes you can incorporate into your business the more time you will have to grow and do more deals. 


Follow me on Twitter: https://twitter.com/azhomerenovator
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Follow me on Instagram: https://www.instagram.com/azhomerenovator/
Visit me on Youtube: https://www.youtube.com/channel/UCaHF4097oEBtelEQHK25WrQ

Wholesale Duplex for sale- Mesa Arizona - $85k

Property walk thru - South Phoenix fire damage

In this video Kris walks through our fire damaged property in South Phoenix. At this point we have gutted the property, removed all drywall, old electric, old ducts, and we are down to the studs. We've replaced the burned trusses and will be putting up the new wood for the roof.
Once we have the trusses and framing in place we will begin with the rough systems. We will be putting in all new duct work, electric wiring (including cable and speaker wire), and plumbing.
Follow us as we transform this burned mess into a beautiful home that will be the nicest home on the block.


Follow us on Instagram @azhomerenovator or @azflipguys and on Facebook @azflipguys and @investorsedgeaz.

Property walk thru - South Phoenix fire damage

In this video Kris walks through our fire damaged property in South Phoenix. At this point we have gutted the property, removed all drywall, old electric, old ducts, and we are down to the studs. We've replaced the burned trusses and will be putting up the new wood for the roof.
Once we have the trusses and framing in place we will begin with the rough systems. We will be putting in all new duct work, electric wiring (including cable and speaker wire), and plumbing.
Follow us as we transform this burned mess into a beautiful home that will be the nicest home on the block.


Follow us on Instagram @azhomerenovator or @azflipguys and on Facebook @azflipguys and @investorsedgeaz.

Flip tip - know what termites look like.

My home inspector always told me that there are 2 types of homes in Arizona, homes with termites, and homes that are GOING TO have termites! 
In Arizona we have a lot of homeowners that are originally from somewhere else. In a lot of parts of the country termites can cause a lot of damage. In Arizona, the can certainly cause damage but they are not as severe as other states. That said, it's important to know what termites look like and how to take care of the problem. 
Termites dig into wood and other building materials. They tunnel in and create tubes that are visible from the outside. In this video I show you what an active termite tube looks like. 
If you see termite tubes don't delay, contact us today and we can refer our top pest control companies to come out and take care of your problem. 

Contact us today.

602-292-5747 or krisonti@gmail.com

Flip tip - overcoming challenges

In this business we come across challenges on a daily basis. It's important to keep a calm head, break down the issue, run it by a few people, and come up with the best solution.
In this video we discuss a situation I had when my architect didn't have the right calculations, so I came up with a solution that did cost extra money, but ended up being an asset.

We have lots of free tips for real estate investors and flippers.  Follow us on Instagram @azflipguys or at www.Facebookcom/azflipguys


Kris Ontiveros
602-292-5747
krisonti@gmail.com

AirBnB tips

In this video I describe how I acquired an AirBnB rental for only $1200 down! You can create cashflow with this incredible system. You don't even need to be a homeowner to take advantage.

We have lots of free tips for real estate investors and flippers.

Follow us on Instagram @azflipguys or at www.Facebookcom/azflipguys

Finding hidden gem's - Antique Stove

The $30,000 land deal

This is a great example of making the most out of a small deal. Two local wholesalers brought this deal to my partner BP. They had it locked up for $8,000 and needed to close quickly. So they bought the property and immediately listed it for sale. After checking the comparables, I believed the lots were worth around $20 to $25k each. We listed them separately for $25k or both for $45k.
I received a call from a local investor who found my listings on Zillow. He is looking to place his cash into Avondale land. He just wants to hold onto the lots for the next 10 years or so. We negotiated and settled on $40k for both lots. It is an all cash offer with a 2 week close. So they will be making over 30k on a cheap double lot.
I hope this video motivates you to get out there and find those deals. We team up with beginner investors so they know they can make those offers and they have legit buyers backing them up. Bring us your deals and we will fund, flip, and split the profits.

www.facebook.com/azflipguys
http://phxcashflow.blogspot.com/

Flip tip - How to estimate repairs in under 10 minutes

How to estimate repairs in under 10 minutes

By: Kris Ontiveros

Real estate investing is a math equation. To come up with the correct outcome you need to have accurate numbers. The two most vital numbers are the ARV (after repair value), this is home much the home is worth once it is remodeled. This is usually going to be a top of the market value. The second of the two vital numbers is repairs, how much it will cost to remodel the property.

In our current real estate landscape, there is a lot of competition and the good deals go quickly. As a Real estate investor you have to make quick decisions when you come across a new deal. It is vital to be able to give a seller or wholesaler a quick yes or no decision when they bring you a deal.

We created a process to be able to quickly and accurately estimate repairs. We use several factors to quickly and safely estimate repairs. With this system we can walk through a property and within 10 minutes have a good idea what it will cost to remodel a property. We can take that information and the ARV (after repair value) to help create your offer.

Be aware, every market is different, these numbers represent single family homes, under $200,000, in the Phoenix, Arizona area in 2016. Markets are constantly changing, you will need to adjust this formula to match your particular market.

The first thing we do is find out how much a basic cosmetic remodel would cost. In an average neighborhood in my market, I estimate $10/sf. So an average 1500sf house would cost around $15,000.

A basic cosmetic remodel can include flooring, paint, lights, fans, faucets, light landscaping, and a few miscellaneous items.  

Next we add in all other major items like:

$4,000 for a new kitchen

$3,000 for a new bathroom

$5,000 for new shingles

$3,500 for a new AC unit

Anything on top of the cosmetic items need to be accounted for. Major remodels should be over estimated to make sure you don’t miss anything.

Example property:

1500sf 3 bedroom, 2 bathroom home. Needs a cosmetic remodel plus a kitchen, 2 bathrooms, and a new AC.

1,500sf x $10 = $15,000

Kitchen = $4,000

2 bathrooms = $5,000

HVAC = $3,500

Total estimate = $27,500

This is not going to be your final budget. This will give you a good idea of what the rehab will cost. Once you have this number you can plug it into your formula and make a solid offer on the property. Once you have it locked up you can get your contractor out to give you hard numbers. In this business you have to take calculated risks, estimating repairs should be one of your more reliable and consistent costs. It's important to get very good at estimating repairs so you can take your business to the next level.

Kris Ontiveros - Real Estate Investor - krisonti@gmail.com

Follow me on Twitter: https://twitter.com/azhomerenovator
Follow me on Facebook: https://www.facebook.com/phxcashflow/
Follow me on Instagram: https://www.instagram.com/azhomerenovator/
Visit me on Youtube: https://www.youtube.com/channel/UCaHF4097oEBtelEQHK25WrQ

Flip tip - Don't trust your contractor!

By: Kris Ontiveros

In this video we are discussing a huge pet peeve of mine, cheap contractors! When you give 100% control to your contractor things can go wrong. In this scenario my contractor went cheap on me and didn't order a drawer bank for the master bathroom vanity. Now don't get me wrong, this is 100% my fault because I didn't have a detailed conversation with my contractor. Instead I was vague and let him run with it. Now the cabinets have granite and sinks installed so it's too late to add the drawers. Next time I'll be more specific and tell him exactly what I want, I can even provide him with a SKU or item number for him to order.

We have lots of free tips for real estate investors and flippers.  Instagram @azflipguys or  www.Facebookcom/azflipguys

Fix and flip tip - Master bedroom upgrades

By: Kris Ontiveros

In this video we are discussing some upgrades we like to add to our master bedrooms. This is a very important room since it's the room the decision makers will be spending a lot of their time in. It's important to have a large master bedroom. The larger the better but we like to have a minimum 12x12. When we build or add on square footage we go even bigger than that. This particular property is 16x16.

We like to add light so we include extra can (recessed) lights in addition to our fan/light. We always add an additional switch for everything (cans, fan light, fan). We are already in there, it doesn't cost much to add additional switches. We also like to add a raised outlet where we think the TV will be hung. On nicer properties it's even worth buying a 50" wall mount TV for staging. You can usually find a deal online or at Walmart for a cheap version around $400.

We also like to add in ceiling speakers so they can have surround sound. If you go to a regular electronic store they are expensive. I found a few great deals on Ebay. I can usually buy them for $20-$25 each. Here is my most recent purchase. (July 2016)

Another feature we added in this property was french doors. When possible, we open up the master bedroom to the outside patio by adding french doors. Having a bedroom open up to the outside is a huge plus.

We try to stand out from our competition. This is what we do in our master bedrooms. Adding a few "wow" features can make a house that much easier to sell. Buying a home is an emotional experience, you want your buyer to have a great feeling when they step into your fix and flip and get the warm fuzzies in their stomach. That's when you know it's SOLD!

We have lots of free tips for real estate investors and flippers.
Follow us on Instagram @azflipguys or at www.facebookcom/azflipguys

Hot Sheet - July 4, 2016

Real Estate Hot Sheet - June 21st, 2016
This is a list of recent wholesale and cashflow properties. These are true steals, these move quickly. Some deals are from MLS, some are from wholesalers, some are hot off the auction block.

These properties will almost always need to be cash or hard money loans. Think about lending to each other, it can be easier to do a rate and term refinance than a cash out. I have multiple property management companies ready to take care of your property. Most of these deals to not include a Realtor commission, I give you the real price.
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FIX AND FLIP/ CASHFLOW

449 S 98th Way, Mesa AZ 85208
$35,000
This is a great deal on a super cheap mobile home in east Mesa. This is a 2/1, 720 sf affixed mobile home with a 216 sf addition. This property was well kept and would make a great flip or buy and hold. Similar properties sell for $50 to $80k and can rent for around $800/mo.

Move quickly, once we close on this we will be updating

with carpet and paint and listing on MLS for retail value.

Cash or hard money
Price is net to the seller, buyer to pay all closing costs

PHOTOS - CLICK HERE
COMPS - CLICK HERE

Disclaimer: Please do your own due diligence. House is being sold as-is, and buyer is to pay all closing costs. Price based on a cash or hard money offer. All properties offered are either owned by KRO Enterprises LLC, under contract and selling equitable interest, or offered in conjunction with a business associate. All offers on properties require a $5000 non-refundable earnest deposit. 

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FIX AND FLIP

1931 E Raymond, Phoenix AZ 85042
South Phoenix fix and flip - Only $60,000
3 bedrooms/ 2 bathrooms/ 1464sf
Needs a full remodel - electric, plumbing, roof, 2 bathrooms, kitchen, paint, etc
We have a contractor bid for $35,000.
ARV 130k.

PHOTOS

Cash or hard money - price is net to the seller, buyer to pay all closing costs
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FIX AND FLIP

1927 E Raymond, Phoenix AZ 85042
$60,000
2 bedroom/ 1 bathroom house plus 1/1 studio
Needs a full remodel - electric, plumbing, roof, 2 bathrooms, kitchen, paint, etc


Pics - https://www.dropbox.com/sh/pf9eushh2tyz9jn/AABB3yx34O-yrGMj6Wc98i72a?dl=0

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FIX AND FLIP

5416 W Sanna St, Glendale AZ 85302 - $168,900

6 bedrooms/ 3 baths/ 2,339sf/ 12,000+sf lot/ Diving pool

Great opportunity with a huge spread. Comps from $260,000+.  
Extensive repairs needed including electric, some plumbing, pool,
plus cosmetic upgrades. This home sits on a HUGE corner lot
and is over 12,000sf.
COE to be 7/15/16 or sooner

PHOTOS
COMPS
CMA

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We are also accepting cash partners on these projects.
We have debt and equity opportunities.

Contact Kris for more information 602-292-5747

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CASHFLOW
4 Turnkey rental condo's - $175,000 TOTAL!
1350 E. Northern Ave, Phoenix, AZ 85020
Yes, that's right, 4 income producing condos near Squaw Peak for $175,000. That is under $44,000 per door. This is the lowest cost condos east of the 17.

All 2 bedroom, 1 bath, 700 sq ft units. Total Income - $2,993/month. Total HOA - $1,088/month – Includes electricity, water, trash. $1,905/month net cashflow.
Contact Kris at krisonti@gmail.com or 602-292-5747
***THIS IS AVAILABLE VIA A LOCAL WHOLESALER***

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CASHFLOW
Here is a new cashflow property from our friends at CapCore real estate. PM me or email krisonti@gmail.com if you are interested.

706 N 4th St Apts. 3 & 4 Avondale, AZ 85323
$125,000 for BOTH!
Claim this pair of Condos FAST! They are performing assets with great long term tenants paying solid rents. Please call on this right away. Opportunity is knocking.
9% CAP with low expenses and easy maintenance. $125,000 Cash takes both units. The Condos can be purchased individually or together.

APN Apt 3: 500-18-237-A
APN Apt 4: 500-18-238-A
Two 2 Bedroom 2 Bath single level condos w/:
Private patio/yards
Private, indoor washer and drier
LOW HOA fee of $60/m/unit
Tenants pay ALL utilities
Estimated Annual Expenses: Estimated Annual Gross Income:
$1440 HOA $15,960 Rental Income (Less 5% Vacancy)
$1200 Management
$1000 Maintenance Estimated Annual Net Income:
$600 Insurance ($300/unit) $11,242
$478 Taxes (2015 Assessor)
CAP Rate = 9.00% | $4718 TOTAL Expenses
One tenant is long term (7+ years) and the other has been in place for just
over a year.

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FOLLOW US

Follow me on Twitter: https://twitter.com/azhomerenovator
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Disclaimer: Please do your own due diligence. House is being sold as-is, and buyer is to pay all closing costs. Price based on a cash or hard money offer. All properties offered are either owned by KRO Enterprises LLC, under contract and selling equitable interest, or offered in conjunction with a business associate. All offers on properties require a $5000 non-refundable earnest deposit. 

Make every contact count

This morning I received a call from Portland, OR (one of my favorite cities). I've been getting advertisement robo calls from out of state numbers all week, so I was hesitant to pick up. In my opinion, it's quicker to just pick up the phone then have to listen to a message and call someone back. Anyways, it's a fellow real estate investor who lives in the Pacific Northwest. He called because my electrician listed me as a reference and he was doing his due diligence. I gave my guy (John LeBeau) a good reference and a few details he asked for.

It would have been easy to stop the conversation there, but I know this business is all about what you know and most importantly WHO you know. So I started to dig. It turns out he owns 24 houses in the Phoenix area. I found out what he likes, what he doesn't like. I know that he specifically wants houses built 2002 and newer, between 1800 and 2200sf, and that he is looking for a 7% ROI. A lot of people have assumptions that most investors want the cheapest deals out there, but most smart investors are looking for better tenants in better neighborhoods and are willing to pay for it.

I let him know how I work, that I bring off market deals with equity. His objection of "already having a real estate agent" goes out the window because his real estate agent doesn't know how to play this game. I'm not going to browse the MLS, I'm going to connect with my sphere and bring him a deal. It might not happen this week or next, but he is on my radar.

The more rental buyers you have the more you will make wholesaling.

So these are my lessons for today, 1. Make every contact count. 2. Your network is your net-worth. 3. Don't assume what other people want. 4. When you create value for people there is no such thing as competition.




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Arizona Cashflow Properties

Thank you for visiting my website. My goal is to help my clients create wealth and passive income streams using the power or real estate!

What do I invest in? This is a common question and there isn't one answer for everyone. There are many ways to go about investing in real estate. Here are the pro's and con's of different types of real estate.

Single family homes - CLICK HERE TO VIEW PROPERTIES

• Easy to rent
• Tenant usually pays all utilities
• More desireable to most renters
• Easy to manage
• Easy to liquidate

Condo's/ Townhomes

• No outside maintenance
• Lower cost, lower rents = more people can afford it
• HOA usually pays water/sewer/trash bill
• Usually separately metered for elecric, tenant pays
• Easy to manage

Small plexes - 2-4 units - CLICK HERE TO VIEW PROPERTIES

• Usually better cashflow
• Easier to cover the note
• Lower vacancy rates
• Hands off- best to hire a property manager
• Cheaper per unit, usually no hoa fee

Service Providers

To be successful real estate investing you need to have a great team. I have put together a great list of professionals to help you build your team. I hope to be your Realtor of choice.

REALTORS

1. Team Ontiveros real estate group - Kris Ontiveros - 602-292-5747 - krisonti@yahoo.com - www.teamontiveros.com. Team Ontiveros specializes in residential real estate. Team Ontiveros consists of the Ontiveros family, Kris, Susan, and Katrina.

CONTRACTORS

1. Ontiveros Family Services - Katrina Ontiveros - 602-486-0955 - ontiscurb@gmail.com - www.ontiscurbandlandscape.com. Ontiveros family services can do it all! Call Katrina for all of your landscaping needs including maintenance, installations, trees, rock, pavers, curbing, concrete paving, fencing, walls, and more. They also do trash outs, housekeeping, re-keying, notary, real estate posts, transaction coordination, and much more.
2. Robinson Trim - Jared Robinson - 480-244-7923 - robinsontrim@hotmail.com. Robinson Trim specializes in high end trim and wood work. Jared is very good at top of the line upgrades including trim, window trim, baseboards, even furniture! Jared can also be the general contractor for your remodeling needs including: paint, plumbing, electrical, carpentry, tile, carpet, and more!
3. LASCORP - Paul Staples -
4. Handyman Plus - Jesse Reeves - 602-228-1072 - reevesaznspect@aol.com. Jesse Reeves has been in the business for quite some time and can do anything that has to do with building or repairing a property. Jesse is also a home inspector, he does almost all of our inspections for our investors and our end user buyers.

WHOLESALERS

1. U Fix Em Properties, LLC - Bob Gomez - 480-695-3229 or Dave Jacobs - 602-809-6622. Bob and Dave have been doing great business for quite some time. Both are active members of AZREIA as well as other sub-groups. Bob and Dave help their clients through the rehab process almost always have properties for sale.

MISC SERVICES

1. Service One Home Warranty - Deke McBride - 602-316-2635 - d.mcbride@s1hw.com. If you need a home warranty for yourself, or if you want to use it as an incentive when you sell your investment property I recommend Service One. I have used them persoally and always received good service.
2. American Property Inspections - Jesse Reeves - 602-228-1072 - reevesaznspect@aol.com. Very knowledgable and very reasonably priced. Never buy a home without a home inspection, a couple hundred dollars will save your THOUSANDS in the long run.