don't throw money in the toiletWhew, it’s day #5 in the New Year already! Hard to believe.

Letting your subconcious to sit idle is like throwing cash in the toilet. Have you ever noticed how you start attracting opportunities into your life, once you set your subconscious mind in motion and working for you?

I’m on audio CD #6 of my review of Dave Lindahl Commercial Property Investing system …and loving it.

Already started playing with his Commercial property evaluation software, have plugged in a couple of large apartment complexes that were sent to me. One is 260 units in Jackson, MS and another one is 330 units in Orlando, FL (both REOs from banks).

Just got another deal to look at – a 10 story office building in Maryland, also bank owned.

I got to confess, playing “what if” scenarios on these large deals is lots of fun.

For example, on a 300 units apartment property, if you rent up ONLY 5% of the vacant units (say 15 units),  here’s what the numbers look like:

15 units X $600/month X 12 Months = $108,000/year in extra cashflow.

This translates in a property value increase of:

 $108,000 X 10 = $1,080,000

How cool is that… Just by leasing up 15 vacant units you can create a million dollar value increase in your property.

The strangest thing I’m discovering with these commercial REO properties is – most of them have a receiver appointed by the bank in charge of managing the property until it’s sold and converted back into cash for the bank.

Now, the receiver clearly doesn’t have the right mindset for keeping the property well maintained and attending to tenants’ needs. As a result, the typical picture is – tenants have been unhappy, the vacancies have grown steadily and surely.

Yet with the professional property management company in place committed to servicing  tenants, the vacant units could be leased up to the average for the area occupancy level. That level is often quite a bit higher than the actual occupancy under the bank appointed receiver.

Therefore you have a chance to see this kind of MASSIVE value gain as in the example above in a fairly short period of time, even with small improvements in management.

If you don’t know what the heck I’m talking about, check out the recording of the Dave Lindahl commercial property crises investing webinar.

Happy  bargain hunting!

-Alex
P.S. If you’re an accredited investor looking to place your money in a project with a big upside like this, shoot me an email to alex (at) getrichlazy.com. Through a few key  industry  connections I’m getting deals like these referred to me even before they hit the market.