Beth Correa Rental Deal

 

Beth Correa Rental Deal

Official Property Advisors in Memphis, TN
Beth Correa with Zach Correa

OPA! We made a strategic choice to begin our real estate investment business by building our rental property portfolio and taking advantage of the many long-term benefits of owning real estate. We Buy and Hold Rentals w/equity, that have an 18% or greater cash-on-cash return, are located in strong markets w/great property management team and have existing residence with 2-3 yr lease terms w/positive cash flow! We also benefit from significant tax advantages, mortgage principal reduction, and long-term appreciation. Crushing It!

Rental Details

Property City: Memphis
Purchase Price: $109,900

* These examples depicting income or earnings are NOT to be interpreted as common, typical, expected, or normal for an average student. Although we have numerous documented successful deals from our coaching students, we cannot track all of our students’ results, and therefore cannot provide a typical result. You should assume that the average person makes little to no money or could lose money as there is work and risk associated with investing in real estate. The students depicted have participated in advanced FortuneBuilders’ training and coaching. The participants shown are not paid for their stories; however, some of the students depicted may also be a FortuneBuilders' coach, and our coaches are compensated for their services. We believe in full transparency, so please read our Earnings and Income Disclaimers and Terms of Use.



Case Study

How did the FortuneBuilders team and resources help you to accomplish this deal?

Mahalo Nui Loa to our FB Passive Income Coach, Michael 'Magic' Johnson, who was very instrumental assisting us with implementing our Passive Income strategy plan of purchasing rental properties via Memphis Invest, a great Property Management Company.