Edwin Koo
5 Star Investments, LLC
in Flushing, NY
Generate passive income by investing in out-of-state turnkey rental properties that are ready to rent and managed by a property management company that I can trust. Easy Street Property Investments did the research of finding a property for me that was in good condition in an area with low unemployment rates and high-occupancy rental markets. I funded the deal with my 401k.
Case Study
How did the FortuneBuilders team and resources help you to accomplish this deal?
The FortuneBuilders Passive Income team made it happen by putting me in touch with one of their Passive Income partners. Easy Street Property Investments is a company I can trust with rental markets where I stand the best chance of profiting the most due to lower local and state property and business taxes.rnrnKeeping my properties occupied with responsible and well-employed long-term renters for ensuring long-term success and continued passive income. They look for markets with job growth, Fortune 500 companies that will soon be the home of a major new factory or large corporation, as this will fuel a higher demand for housing than the present inventory can handle. The result is an increase in property value and a stable pool of potential tenants.rnrnAll I had to do was purchase the investment property, let the professionals I trust manage the tasks of finding tenants, collecting rent for my monthly cash flow checks, documenting and paying for maintenance and repairs, and sending money to me.rn