Create a Cash Cow Using Wraps 2021 – William Bronchick

Most investors plan on retiring by acquiring rental properties for cash flow. The problem is, until you pay off your mortgages, each property will only generate a few hundred bucks a month. And, if you have an unexpected repair, you may be in the red for several months before the cash flow comes back to normal again. In the meantime, you have to deal with tenants, toilets, and the headaches of property management (unless you have a property manager, and that eats significantly into your profits).

If you want cash flow NOW every month without the headaches of rentals, then listen carefully to a concept

that I will introduce to you.  It’s called a “wrap” or “wraparound”. A wrap is an owner-financing transaction that creates hundreds of dollars a month in instant cash flow – FOREVER (well, 30 years, which is ALMOST forever if you are over the age of 50!).

A wrap sale puts ALL of the responsibility for repairs, insurance, taxes, and maintenance on SOMEONE ELSE, which means it’s a truly PASSIVE form of income. And, you can deal in NICE houses in NICE neighborhoods, instead of the typically low-income rental property, which is usually some cracker box built in the 1950’s!