A qualified tenant is a very valuable asset to any landlord. 

Remember, TENANTS = INCOME = ASSETS

Good tenants are everywhere and in every market. Find them and keep them.

Focus on what a tenant desires not necessarily what you, the landlord, desires. Listen to them carefully. 

Tenants desire properties that meet their wants, needs, price range and location. 

Always remember the "GOLDEN RULE" when interacting with tenants, treat others as you would expect to be treated. Treat everyone with respect, fairness, understanding and dignity. 

It's now time to push aside any lingering procrastination, fear, doubt and take action.

Let's face it. The "perfect property" is an illusion. It doesn't exist. Stop chasing your tail. 

Instead, focus on your best choice and make an offer on the "target property" you have selected. Have one to three back up properties as well. 

Of course, you are probably wondering how much is the property  worth?

What should you pay?

What to offer the seller?

That is the topic of this Episode. 

In this Episode you will be introduced to the "meat and potatoes" of how to find the right rental property, at the right price, in the right location to be successful.

Good real estate opportunities exist in all price ranges in neighborhoods throughout the United States. The secret boils down to a simple formula.

The Right Price, the Right Location, the Right Property, the Right Rent.

To help you with the process, I recommend connecting with a local competent Buyer's Real Estate Agent who will represent your interest, the buyer, and not the interest of a seller who is represented by a listing agent. The service is free to you, the buyer. The Buyer's Agent is compensated from the Multiple Listing Service coop commission.

A Buyer's Agent will provide you with recent comparable sales and rental comparables important for evaluating properties and making decisions, again free to you. The Buyer's Agent will also prepare an offer to a seller when you are ready.

If you need a referral for a competent Buyer's Agent in any area of the United States feel free to contact me, Robert (Bob) Maucione, real estate broker at

[email protected]

There is no fee or charge to you for a Buyer Agent referral. It's free to our valuable Podcast listeners.

Bob Maucione is a real estate broker with Metro-Wide Realty, Inc, a Veteran owned company and member of the National Association of Realtors.

Only Buyers' Agents that are members of the National Association of Realtors will be referred.

The National Association of Realtors members abide by strong ethical standards.

Finding money $$$ for a down payment and closing costs to buy a rental property is a common concern, but has several solutions. A lack of money should not be an obstacle or excuse to move forward. After all, your child's future college education is a worthwhile goal for you to reach. 

This Episode is about how and where to find money for a down payment and closing costs. It's easy!

Acquiring a rental property is easy when you use the real estate technique of OPM, Other People's Money, not your money or very little for a down payment (your equity). 

OPM has two parts. A loan to purchase a property and tenant rent to repay the loan. 

In this Episode 4, I will discuss how and where to get a loan for an investment property. 

With OPM everyone benefits.

A bank or lender provides the money for the benefit of receiving interest on the money lent.

A tenant provides rent money to pay the loan and build your equity for the benefit of living in the property. 

Your benefit is wealth building & profit to help pay for your child's future college education. Win, win for everyone!!

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. 

Episode 2

There are three important questions you should ask yourself regarding your child's future.

1. Do I want a college education for my child? If this is your GOAL, then are you COMMITTED to attain that goal?

2. Do you know how much money your will need for a college education? Research the estimated amount. This is your financial goal. 

3. Review what other parents are doing to save for college expenses. Do you have a savings plan? Is it working to meet your financial goal. 

Other: This podcast will show you how to acquire a rental property where tenant rent will help pay for your child's future college education. 

Feel free to ask any questions you may have to the author of the Podcast, Bob Henry Maucione.

Contact him at 

[email protected]

As a parent, this is probably the most important podcast you are going to listen to.

Why?

College is expensive. You will learn how to pay for your child's future college education without using your own money or very little. 

The result will be profound! Your child will have a debt free education and be able to start life's journey without a large financial burden. 

The "secret sauce" is real estate. A rental property where tenant rent will build your wealth and help pay for your child's education. That's right! Someone else's money will foot the bill. How can you beat that!

Learn how in this podcast. 

Episode 1

As a parent, this is probably the most important podcast you are going to listen to.

Why?

I am going to show you how to pay for your child’s future college education without using your own money or very little.

The result will be profound! Your child will have a debt free education and be able to start life’s journey without a large financial burden.

The secret is real estate.

A rental property where tenant rent will build your wealth and help pay for your child’s education. That’s right! A plan using someone else’s money, in the form of tenant rent, can foot the bill for your child’s college education. How can you beat that?

You might be thinking you already know how to do this. 

My question is why haven’t you started?

Don’t feel bad. Many are in the same situation. Well meaning, but stuck. Needing a direction, a plan to follow.

I understand. That’s the reason I created this podcast.

Yes, there are obstacles to overcome, like fear, procrastination and money which I will help you to resolve.

You see, right now, time is slipping by and working against you. You need to flip that around.

Every well meaning parent has a very limited time to save enough money for their child’s future college education.

From first grade to high school senior will come and go very fast. Unless you have a solid wealth building plan your chances of saving enough money are limited and your child could end up with expensive student debt for a very long time.

Acquiring a rental property could be the answer, but the process can be daunting.

Relax!

This podcast will relieve you of that anxiety and cover what you need to know to acquire a rental property.

Topics will include:

1. When and how to start.

2. Why real estate is a good investment.

3. How tenant rent can build your wealth.

4. Where to find the money for a down payment and closing costs.

5. Selecting the right property, at the right price, in the right location.

6. The best loan to consider.

7. How to find and keep good tenants.

And much, much more is included.

I have the solutions you are looking for to get started and be successful. However, you must have the motivation and commitment to succeed.

It’s not hard. You can do it!

Your child’s future is in your hands.

As William Shakespeare said,

“It is not in the stars to hold our destiny,

But in ourselves.”

Don’t delay. Start now while you child is young and time is on your side. You’ll be glad you did.

To better understand the process I have included an interview of me by Shyam Kumar of Frederick Podcast on the topic.

Should you have any questions, I can be reached by email at

[email protected]