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Episode 3: The Fireman's Plan OPM
Episode 3 Audio: 7 minutes, 56 seconds.
A college education is expensive, but your number one priority is to make it happen for your child after graduating from high school. $80,000 to $200,000 is the estimated range for four years of college. Where will the money come from? Savings? A rich relative? Government funding? Scholarships? Grants? Maybe a little from each, but most likely the bulk from you. You wonder if it's possible to save enough money in the short period of time before your child becomes a high school senior ready for college. It is possible if you are willing.
The solution is simple enough by owning real estate, a rental property and leveraging a real estate technique called OPM, "Other People's Money."
A bank loan and tenant rent are examples of utilizing OPM, not your money. The process is easy to understand and simple to implement. This podcast will show you how with a very small down payment. Episodes will also address finding the right property at the right price in the right location and where to find and keep good tenants.
Don't worry, its all here for you to understand. You don't need any experience or a lot of money. You will need desire and motivation to succeed.
Contact me with any questions, comments, or suggestions you may have.
I am here to help you be successful.
Bob Maucione
email [email protected]
Robert H. Maucione (Bob) is a real estate broker with Metro-Wide Realty, Inc., a veteran owned company. He is a member of the National Association of Realtors as well as state and local Realtor organizations. Bob has taught CE courses to real estate agents, lenders, appraisers and conducts real estate seminars/workshops.
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By Bob Henry MaucioneEpisode 3 Audio: 7 minutes, 56 seconds.
A college education is expensive, but your number one priority is to make it happen for your child after graduating from high school. $80,000 to $200,000 is the estimated range for four years of college. Where will the money come from? Savings? A rich relative? Government funding? Scholarships? Grants? Maybe a little from each, but most likely the bulk from you. You wonder if it's possible to save enough money in the short period of time before your child becomes a high school senior ready for college. It is possible if you are willing.
The solution is simple enough by owning real estate, a rental property and leveraging a real estate technique called OPM, "Other People's Money."
A bank loan and tenant rent are examples of utilizing OPM, not your money. The process is easy to understand and simple to implement. This podcast will show you how with a very small down payment. Episodes will also address finding the right property at the right price in the right location and where to find and keep good tenants.
Don't worry, its all here for you to understand. You don't need any experience or a lot of money. You will need desire and motivation to succeed.
Contact me with any questions, comments, or suggestions you may have.
I am here to help you be successful.
Bob Maucione
email [email protected]
Robert H. Maucione (Bob) is a real estate broker with Metro-Wide Realty, Inc., a veteran owned company. He is a member of the National Association of Realtors as well as state and local Realtor organizations. Bob has taught CE courses to real estate agents, lenders, appraisers and conducts real estate seminars/workshops.