how to GET YOUR SHARE of the $6.2 BILLION being THROWN AWAY in real estate | Episode 53

Real Estate Investing Today : Real Estate Investing | Wholesaling | Flipping | Funding | Self Directed IRA | Finding Deals | Real Wealth

Can you believe it? Americans are throwing away $6.2 billionWEEKLY in real estate by skipping over this simple, massiveprofit-generating action. I’ll tell you what it is in today’sepisode. I’m Carole Ellis, and this is Episode 53.----So wouldn’t you like a share of the $6.2 billion that isapparently getting WASTED weekly by Americans making a “bad” realestate decision? I know I’m pretty interested. We’re going to getinto the details on this exciting topic in just a second, butbefore we do, I want to mention another “billion-dollar industry”that most Americans think is completely out of their reach butthat, in reality, is extremely straightforward and WILDLYprofitable when done correctly. I’m talking about something big,literally – owning and/or FLIPPING apartment complexes. You canlearn all about this important and highly underutilized (that meansless competition, guys) investing strategy by going right now towww.rei.today/IMPORTANTfor a free training that will give you ALL the details you need.Don’t miss it! If that BILLION number got your attention, then youneed to access this information right away.But now, let’s get back to the BILLIONS you’re apparentlyparticipating in wasting these days…And no, it’s not a governmentrant. Not today, anyway…So here’s the scoop:According to the website Finder.com, which is dedicated tohelping people quote, “find what they’re looking for” whether it’smoney, rewards points, or my favorite, education, there are 9.4percent more bedrooms in the United States than there are people tosleep in those bedrooms, which means that there are 33.6 millionspare rooms (if not more, since most couples sleep in the sameroom) in the U.S. According to Finder’s CEO, Fred Schebesta, thoserooms could be being used as short-term rentals via AirBnB or otherrental services, and that could mean nearly $10,000 a year, perbedroom, to the owners of those homes. Schebesta himself said thathe earned about $184 a week using similar services and that hefound that earning more money was far better than quote “cuttingspending out.” He added, I’ve met some very interesting people overthe years.So what do you stand to gain from renting out your spare bedroomin your particular location? Well, it depends a lot on where youlive. For example, Phoenix residents can get about $338 a week(more than $17,000 a year) and Nashville residents can snag about$572 a week (nearly $30,000 a year!) However, other locations thatmay be more rural or that have major seasonal issues (extreme heat,cold, or rain, for example) may be worth less to homeowners inthese areas.Of course, a lot of people don’t want to rent their sparebedroom out to strangers – in fact, a lot of people like keepingthat room SPARE for a reason and don’t really like hostingovernight guests at all! But just because you don’t want people inyour OWN home doesn’t mean you can’t take advantage of the newshort-term rental trend. A number of investors are actually makingextremely solid livings these days renting out space via AirBnB orVRBO (Vacation Rental By Owner) in their investment properties, andif you own property in a desirable location (like Nashville, forexample, or a popular vacation destination) you can actuallygenerate far more income using short-term rental strategies thanyou can renting out to a single tenant over the long-term. Want tolearn more? Check out our latest exclusive REI Today Guide“Short-Term Rental Strategies for 2016” in the REI Today Vault byvisiting www.rei.today/vault rightnow! Not yet a member? No worries! When you text REITODAY nospaces, no periods to 33444 and I’ll immediately send you theinformation you need to get that report right away and ALSO provideyou with fast, immediate access to all sorts of great trainings,news coverage, interviews, and lot more timely information thatwill help make your investing safer, faster, and moreprofitable.And remember, when you do that, you’ll also be able to GROW YOURNETWORK by interacting with me and your fellow listeners to REIToday… so stop by to ask questions, make comments and network withother investors across the country. Text REITODAY no spaces noperiods to 33444 or head over to www.rei.today/vault rightnow.REI Nation, thanks for listening in and always rememberthis:Your best investment is your own education.

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