A real estate investor argues that renting, fix-and-flip, wholesaling, and BRRRR don't create true passive income. Instead, he pitches rent-to-own: sell a property to a buyer without a mortgage who pays monthly "payday 2" rent while handling all maintenance and repairs, leaving you with income and no tenant headaches.
Chapters
Do you want passive income? Then stop renting your properties. Stop fix and flipping. Stop wholesaling. Stop doing the BRRRR method. Stop each and every one of those strategies. No, the key to creating real passive income is selling your properties on rent to own. Look, when we go out there and we acquire our properties creatively and now we sell the properties on rent to own, We are working directly with a buyer who is acting like and is treated like a homeowner. They just don't have their own mortgage yet. So where does the passive income come in? Well, the passive income comes in on the monthly payment, or we call it our payday 2. So our buyers simply pay us every single month a rent payment, and then we go ahead and collect that payment, and then we go and pay the expenses on the property. I get it. No different than a long-term rental. But here's the kicker. The buyer is treated like and acts like a homeowner, so they are responsible for maintenance repairs on the property. So we are no longer going to have to deal with tenants, toilets, and trash, or even a management company. Just go ahead and DM the word paydays to us, and I'll go ahead and send you out our blueprint on how this exactly works and how you can implement in your business.
