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| Effective Tenant Management
Techniques to Help You Get Rents like Clockwork, Have Tenants Paying
Your Expenses while Relaxing Nights, Weekends and Vacations. |
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Extra $10,000 this Year
“I found an extra $10,000 this year … from my Tenants!”
- Dave Halpern, We Buy Houses Cash LLC, Louisville,
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FR: Michelle
DATE:
Dear Investor,
Here’ the simple truth: Owning real estate over the long-term
is the key to real estate wealth. Take note that I said “owning”.
That does not mean fixing up and selling or wholesaling. Because
when you stop working, your income stops too!
On the other hand, by holding property longterm, you can create massive assets from appreciation. And your equity builds up as tenants pay down your mortgages. Ultimately you will be receiving lifestyle-supporting, passive cashflow from just a property or two, as your mortgage debts are paid off.
But. . .
To unlock this key, you must employ effective property and tenant
management techniques. Unfortunately, every investor knows that
tenant management can be nightmare as tenants can ultimately suck
away your cashflow and profit by not paying rent or paying late,
abusing property, and causing legal hassles.
If you think you just need to get “good” tenants, think again because. . .
There are no Good Tenants, only good
Tenant Management. . .
While some tenants are worse, the real solution to having tenants that create wealth for you is: |
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To accurately track and carefully manage all the things that affect your cashflow |
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Tenant Management - Train and control the tenant, and tenant-caused
expenses are paid by the tenant! |
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Foundation of My Empire
“Mike, Thanks for giving me the opportunity to be one of your "Victims". I know this is the foundation for my empire."
- Gene Stallworth, Evolutionary Enterprises LLC, Fairfield, Ohio |
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The 3 challenges for the Real Estate Investor
If you want to be a successful (read: Wealthy) real estate investor you have to do 3 things right:
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Cashflow |
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You know cashflow is not simply rent income minus mortgage payments. It’s rent after mortgage payments minus: |
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taxes, |
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insurance, |
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repairs, |
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maintenance, |
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late and non-payments |
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legal costs, and |
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vacancy. |
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Truth is that these non-mortgage costs can be up to $300 on a house that’s only generating $800 rent. |
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Management |
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That $300 that’s flowing out of your pocket
every month. A lot of that can be stopped with proper landlord
property management software and property management accounting
software. For example, management software and techniques
that have |
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tenants paying for the damage they inflict. |
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Rent that’s paid in full and on time. |
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tenants staying the full length of the lease and then renewing (at a higher rent). |
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Collecting from the security deposit for any damages from move out |
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Collecting judgments for rent AND damages from the court |
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Knowledge/Education |
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Principles and ideas are wonderful, but how do you put them into practice. The best, fastest and easiest way is to: |
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Learn from someone who has been there and done that |
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Learn from someone who
has landlord property management software, property management
accounting software and tenant management systems you can
use to accomplish these goals that are simple, easy to put
in place, and that will give you huge returns for less work.
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| Work On Your Business, Not In Your Business |
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We are going to introduce you to someone who will show you how to increase your cashflow and manage your rental/lease option property simply, professionally, and easily. And without having to be an accountant or an experienced landlord. And you’ll learn how to put these procedures on autopilot so that
You can Work On Your Business acquiring more property, Not In Your Business running around collecting rents and fixing toilets.
Mike Butler was a Full Time Undercover Cop, who retired in 5 years using this Part-time investing system. Today, Mike’s part-time real estate investing brings him
Rental Income Over 1 Million Dollars Yearly!
Keep Your Job until your investment income far exceeds your job income is the most SAFEST way to invest. This allows your investments to grow faster and you can use your job to buy groceries, clothes, and gas for your car. For Mike:
“Part-Time” He Bought Over
50 Rental Houses Every Year While Working His Full Time Job!
In fact, this Landlord Property Management Software“ System
allowed Mike to handle over 75 Rentals BEFORE hiring a part-time
office helper! Here’s how: |
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Saved Me Thousands
“Mike's Program has made me thousands and saved me thousands!"
- Jay Long, HouseBuyers, Inc. |
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| 110% Cashflow from Tenant
Management |
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Do you know that most landlords (if they’re honest) admit that they only collect about 85% of the rent that’s owed them over time? Let’s say the rent is $1000. That’s a loss of about $150/month or $1,800/year!
Now, how would you like to collect 110% of the rent that’s owed you? Look at the table below. Suppose you had a mortgage payment of $800/month and no other expenses (ha ha!). If you collected only 85% of your rent (5th line down), you’d take in about $6,000 per year. With the 110% cashflow system, you’d be making $30,000 per year—5 TIMES YOUR ACTUAL CASHFLOW with Less Work. |
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Your 110% Annual Cashflow Bonus 10 Rentals @ $1,000/mo and mortgage payment of $800/month |
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% You
Collect |
Gross
Rent |
Gross Annual Cashflow |
110% Bonus Cashflow |
| 110% |
$132,000 |
$36,000 |
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| 100% |
$120,000 |
$24,000 |
$12,000 |
| 90% |
$108,000 |
$12,000 |
$24,000 |
| 85% |
$102,000 |
$6,000 |
$30,000 |
| 80% |
$96,000 |
$0 |
$36,000 |
| 75% |
$90,000 |
($6,000) |
$42,000 |
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With higher mortgage payments, or normal expenses, this can make the difference between profit, income, long-term wealth, and negative cashflow that will drive you out of the business.
So are you ready to get on board the Real Estate Wealth Train?
2 Systems that will Fast-Track Your Wealth Creation
SYSTEM 1: The Tenant Tracker
First, you need a reliable, simple landlord property management
software system to track your tenants and everything that happens
in the property their living in. And this has got to be so dead
simple and complete, that you could hire a conscientious grocery
bagger and have them track things every day without missing a beat!
If it were that simple and powerful, you might even use it yourself ? 
So what does this landlord property management software system
do for you to start getting 110% of your rents?
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Simply keeps track of all of those folks who owe you money including the ones who have moved on. |
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Handles Work Orders and keeps track of them by Tenant and by property. |
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Tracks, reminds and creates paperwork for |
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Your vacancies and Expected Vacancies |
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Late Charges, Daily Late Charges |
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Evictions and Set Outs. |
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Referral fees |
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Bounced checks, collections. |
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Renter Insurance expire dates. |
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Section 8 is made simple and easy |
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PLUS, keeps tab on what they are suppose to pay. |
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NEVER knock on doors for rent again. Go to the Post Office Box to pick up your rent payments. |
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TIP: don’t allow tenants to set up rent payments on auto-pay or direct deposit. It will cost you money. |
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NEVER miss an annual rent increase. |
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Options – keep track of them. |
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Rent Roll |
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Tenant Birthdays and their kids-show tenants you care and get higher retention and compliance |
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Security Deposit and Move Outs, final settlement is made Easy. |
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Encourages and promotes written correspondence with your tenants because you will bill your tenants monthly for their rent. |
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Create additional income sources |
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Payment Plans for tenants for rent, appliances, whatever. |
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Use it for loan customers too! |
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How bout a Filling Out Forms Fee |
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Works great for properties owned by You, Your IRA, your kids and including your own Property Management Company for properties you own. |
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As you grow it grows with you |
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Multi-User – as you grow and hire some help. |
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Control their access level |
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Enter data only, can’t delete or change |
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Network – You can have up to 5 users on at the same time. |
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SYSTEM 2: Easy, Money-Saving Investor Books |
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Makes it Easy
“In 30 years, I’ve seen many operations. Mike operates with one third the staff of competitors and gets results. He says his program using QuickBooks Pro makes it easy. Where is everybody else?"
- Rue McFarland, Past President Greater Louisville Assn of Realtors, Past President KREIA, Member of NARPM, KREE. |
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What’s your tax strategy? Do you have one? I can tell you what 99% of investors do—they either hire an account (and bookkeeper) or they do their taxes themselves. In either case, the shoebox approach to keeping bills and records (an if you use files, you’re really not much better off), creates a nightmare of work on your part—literally a month of lost productivity for You!
And, inevitably you’ll be missing out on all kinds of tax deductions that could be putting money back in your pocket.
If you have an accountant, you’ll do better on the deductions end, but if your not totally organized, you can still end up wasting a huge amount of your time and paying your accountant the taxes you save in huge fees. (How do you think I know this?).
Instead, with the Investor Books property management accounting
software system, IT DOES YOUR BOOKS |
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As you pay bills and make deposits, |
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As you buy stuff, sell stuff, borrow and loan money |
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And you can continue your buying, selling and renting machines in January and February, instead of grinding to a halt because it’s TAX TIME |
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So you don’t spend days searching for closing statements, receipts, canceled checks, bank statements |
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So at Tax Time, just a few clicks and you’re DONE. |
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So you just email your books to your CPA or give them a CD. |
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It’s like having 13 months in a year!
And believe me—thanks to the federal government, the tax
savings investing in real estate for long-term wealth are enormous.
In many cases, you can increase your income by 50% with good records,
a good accountant and a reliable property management accounting
software system.
In addition, how much would you save having all of stuff organized, ready to go at Tax Time without using a bookkeeper? And it uses the Number 1 accounting software in America--QB Pro 2002 or newer, it’s stable, safe, and secure.
A $30,000 Income Increase Every Year?
This is awesome! Picture yourself saving and making money every
year. Would you pay less than a month’s Rent for a property
management accounting software and tenant management system to get
you 110% of your rents?
Remember in the table above, 10 houses at $1000 rent would be a $30,000 increase in cash flow EVERY YEAR!
By the way, even if you’re a builder, rehabber or wholesaler
– you too can scale up your operations while keeping track
of your cashflow with whole lot less work with Mike’s property
management accounting software and proven tenant management system.
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“Awesome!,
I made MORE than the cost within 30 days and EVERY month since! I have been in real estate for over 30 years and Mike's Seminar is by far the best of all the seminars I have attended. I learned more and have made more from Mike than all the other seminars combined. The BEST”
– John May. investor, appraiser |
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Here's Your Deal
The Cashflow and Tenant Management System (Total Value $1,695.00)
Tenant Tracking - Landlord Property Management
Software and System
Includes |
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Tracking all tenant fees, rents, etc |
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Handles all work orders |
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Rent roll tracking |
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Security deposits, options, and move outs |
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Tax free income with IRA’s |
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Grows with your business |
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And much, much more |
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| Investor Books made EZ -
Property Management Accounting Software and System |
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Does your books as you pay bills and make deposits |
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Tracks all your cashflow in and out of your business |
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Everything formatted for the accountant |
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But, wait there’s more…. |
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Special Bonus #1: Mike's Move-Out Package (Value $200.00) |
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Train Your Tenants How To... |
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Get your property READY TO RENT; |
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Show your property without fear of them running off your prospective tenant. |
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Reduce lost rent from Turnover time; |
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Reduce your turnover costs; |
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Help you show property BEFORE they move; |
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and help you get rented again BEFORE they move |
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Maximize and Capture all the money falling right through your fingers most investors can't even see! |
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| Special Bonus #2: (Value $600.00) |
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All Customizable Forms Included |
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Part I: Mike's Rental Agreement |
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Get Mike's "Proven" Rental Agreement (over 8 pages) used in his own real estate business. Just like other businesses "super size" and upgrade total sales, his rental agreement is a powerful tool for your real estate too. |
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Encourages and promotes written correspondence with your tenants because you will bill your tenants monthly for their rent. |
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Part II: Mike's Rental Application |
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This is where it all starts. Investors complain about their struggles in dealing with tenants. Most have figured out they have the wrong tenants. |
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Get the right tenant from day one and your landlording headaches, misery and pain, and expenses are greatly reduced. Put the right tenant in your property and your landlording hat could a whole lot easier. |
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This deceivingly simple two sided form is one the most powerful forms used in Mike's real estate business. This one form alone will save you thousands and make you thousands. |
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| Special Bonus #3: (Value $700.00) |
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Webinar Series |
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Free Tenant Management and Tracking Workshop.
Registered Users of Tenant Tracking and Investor Books made
EZ can attend any workshop for free. Listen to Mike explain
forms. You can ask all
your questions. Includes topics like. |
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Understanding Closing Statements |
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Managing Section 8 tenants |
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How to screen tenant applicants |
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Collecting 110% of your rent |
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And much, much, more . . . |
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Picture yourself as your grow and hire an office manager... just send them to the workshop. |
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Special Bonus #4 (Value $1,200.00)
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Recommend to New…and Not So New Investors
"I recommend Mike's Workshops to all of our new real estate investors, and not so new investors."
- Harry Borders, Borders & Borders Attys. |
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FULL 1 YEAR Unconditional 100%
Money Back Guarantee and Unlimited Phone and Email Support.
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Registered Users can always phone during business hours M-F 8am-4pm EST for help in addition to the comprehensive manual for both Tenant Tracking and Investor Books made EZ. |
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UNLIMITED EMAIL SUPPORT – usually respond with 24 hrs. |
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Each manual contains over 200 screenshots of Quickbooks Pro showing exactly what you'll see on your computer monitor. Remember, it's designed by an investor for investors. and includes the full unconditional 100% money back guarantee. |
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| Special Bonus #5 (Value $250.00) |
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TOP GUN 10 week email course
with Mike’s Personal Email. You get at least 4 pages
each of special reports on tenant management topics like |
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How to screen tenant |
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Never call yourself a landlord |
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Tenants are not your customers |
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How to crank up buying machine |
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How to cherry pick motivated sellers fast? |
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How mike bought 50 properties a year |
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Make more by doing less |
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How to make tax free profit in IRA |
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How to get more than 100% of your rents |
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And much much more. |
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| Special Bonus #6 (Value $400.00) |
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Don't have Quickbooks Pro or any property management
accounting software– |
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I
can ADD to my order My Own brand-new copy
of Quickbooks Pro
for only an additional $99.00 – that’s
$400.00 of the retail price. |
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| Special Bonus #7 (Value $35.00) |
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Free Shipping and Handling |
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| Additional Early Bird Bonuses for the First 25 People Who Order Now |
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| Special Bonus #8 (Value $250.00) |
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It’s Tax Time – FREE TAX CONSULTATION with Mike’s CPA Mike Grinnan |
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Total Value - $5,330.00 Yours for Only $795 You Save $4,535.00! |
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FULL 1 YEAR Unconditional 100% Money Back Guarantee. If for any reason, you’re not satisfied with this incredible system and all the support to get it started and up and running. Just return it for a full 100% refund of your purchase price.
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Best of Success, |
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Michelle Odessey
770-338-2797 |
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P.S. 110%
Cashflow is pure profit. If you are in property and tenant management
renting or lease-optioning any property (or wanting to) you literally
can’t afford to go without this invaluable tool.
P.P.S. Builders, Wholesalers – You too can manage your deals with these tools. |