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Buying Homes To Rent - Tips

Andy G (Gadget),


Buying Homes to Rent These are satellite homes around Hotels, when a person it tired of a Hotel, wants to live in a home, with his girlfriend, have a kitchen, stove, fridge, know who is neighbors are, quiet, no bar, no restaurant, family like, the owners of hotel would shuffle them into these boarding homes. 4000 Homes on planet so 24 Million Dollars peryear net profit - How legally secure is the ownership/lease? (Talking of TOGO here) Better than the Caribbean, and Less than the European Union, except for the country below the Baltic States, then better than them. - What are the monthly expenses?
1500 for Rent, make 500, therefore expenses including vacancy is 1000
- What kind of house are we talking about?
I am about boarding houses with a minimum of five sleeping rooms per home. This is a compound style home and very common in the world. There is a 2 meter high concrete wall around the property and a central gate to allow for people to enter. There would be a minimum of 2 parking places inside the compound.

- How would you get it managed when you are not there? I would give a free room to a foreigner, normally over the ages of 55 retired, and French, German, Polish, Dutch etc. This person was a former business person here and now is just retired and living in Togo, there are many. ----------- Buy two, have two live on site managers, when the person quits or moves, the one manager can manage the other, and receive the rent of one room as pay. This would be over-flow rooms, a person living in a Hotel and wants to get room in a house, the hotel owner would just say, we have a house you can move into, and they would move into the house, pay on the internet, and we send him a commission. The homes is also managed by hotels, because this works in partner with a Hotel. - How replicable is this investment approach?
4000 Times easy - ---------- 50 X 80 = 4000
----------50 Times per country ---------- 242 Countries on the Planet ---------- Possible in about 33 percent, therefore 80 countries on the planet.
---------- The best list of these countries would be here, go to this page and see where expats are buying.
-----------------------http://www.escapeartist.com/

- What percentage of the time do you think the houses would be occupied?
80

- How would they be marketed? I have a web site with every city in the world on it, 8 million, this would be listed on the bottom, and then make specific per country.
95 percent pre-paid one to six month leases, with one month deposit, prepaid by credit card.
5 percent manager would find someone
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Hello Gary, I can buy the rights to a home here for about 5000 US Rent if for 1500 Dollars per month to Foreigners who will pay 3 to 6 months rent in advance. After expenses make about 500 US per month per house. Andy

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Several questions: - When you say ‘the rights to a home”, what does that mean? Are you buying the home?
- How legally secure is the ownership/lease?
- What are the monthly expenses?
- How would you get it managed when you are not there?
- What kind of house are we talking about?
- How replicable is this investment approach? Andy,
Some additional questions: What percentage of the time do you think the houses would be occupied?
How would they be marketed?

Am home. Call if you can. Gary

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