Mark Hess

Intellectual Properties LLC in Bountiful, UT

Mark Hess with Jill

This has been amazing! We just closed on two more passive income properties with the Passive Income Club. After several discussions with our coach and Passive Income specialist, we decided to utilize our home equity line of credit and a business line of credit for our 20% initial deposit rather than burn up our cash.rn Not happy with big banks and how cumbersome they are, my wife Jill and I found a small bank that delivered quickly and very effective for our long-term loans.rnOur strategy is more of a balanced portfolio approach. We looked at higher yield cash flow properties as well as higher appreciation properties and decided this round we would purchase one of each. After some detailed study and advice from our coach, we pulled the trigger on a property in Memphis Tennessee and another in Dallas Texas. We moved with confidence and without hesitation because of the specialized training we received.rn As the rehabs on these properties were wrapping up, we had inspection reports, detailed appraisals, and property management all T’d up and ready to go! We were so happy that the appraisal numbers came in as expected and to our bigger surprise, we had two-year lease agreements signed by future tenants before we even closed financing. Boom!rn Both Jill and I could not be happier at the results we have had on this round of investments!rnWe look forward to purchasing several more within the next few months.rn