Ian Ugarte explains Invita's co-living model: convert a house into 4-5 micro-apartments to boost weekly rental income from $600 to $1,300-$1,800 while cutting tenant rent in half. Investors start with $120,000 and can see $20,000-$40,000 annual cash flow after costs.
Questions this video answers
July 14, 2022.
About $120,000 of equity or cash (plus ability to get a loan).
Approximately $1,300 to $1,800 per week.
About $600 per week.
About $20,000 to $40,000 per year after all costs.
Chapters
Invita's a fresh look at property investing that's turning investing strategies on its head. What we do is we create co living properties. So instead of one front door for an investor, we actually turn a house into four or five front doors. What that means is that every person inside the property has a micro apartment. They have their own bedroom, their own sitting area, their own bathroom, and their own kitchenette. And they share the main kitchen and the laundry. For the investor, the outcome is that Instead of getting $600 a week, they'll get $1,300 to $1,800 a week in rent. And for the people that in the property, there's two thirds to one half of their normal weekly rent, which means that they actually get to save money every week as well. So we start our packages for as little as $120,000 of equity or cash, plus the ability to get a loan to be able to put our package together for you to be able to get the cash flow that you need. With those packages, we can get anywhere from 20 to $40,000 worth of cash flow after all costs. That includes paying the agent, paying insurances, commissions, council rates, and any other rates that to the process of costs. So think about having another 20 to $40,000 of cash flow in your bank account at the end of every year. As an investor, when you deal with the Invita team, we do the whole process from A to Z. We find you the property, we get the builders involved, we make sure that you've got the best outcomes out of all the professions. Along the way, we help you furnish the property, and we also manage the property at the back end for you. You end up with a really beautiful, nice, shiny property that attracts the great quality tenants that you want. More importantly here, what's going to happen at the back end of this is that the process is going to be so simple for you that you're not only going to be so overwhelmed with my great team, but you're also going to be in a position where you're going to be obtaining cash flow every week. That's exactly what you want as an investor.
