Invest with EJCP and let us do the work.
This Blog is for friends, associates and family members who would like the opportunity make a good return on their money by investing in real estate.
Let’s say you have $50,000 to invest and you want to invest in real estate. You have several options but let’s look at two of them. One option would be to buy a rental property and another option would be to invest with EJCP as a private money lender. We’ll look at these two options and compare them.
So you find a three bedroom, 1-½ bath rental property for $100,000. Your $50,000 would be used for the down payment, the holding costs and closing costs, and the renovation. The property rents for $1100 a month and after all of your monthly expenses and loan payments you net approximately $280 per month cash flow.
If you are private lender with EJCP, you take that $50,000 and lend it to EJCP and get a fixed return on your money and net approximately $292 per month.
These are both good ways to invest $50,000 in real estate, and the cash flow on these two options look pretty similar, but investing as a private money lender with EJCP has some distinct advantages. As a private money lender, you do not have any of the expenses, headaches or concerns that you have as a landlord. As the landlord you have to worry about whether or not your tenants will pay the rent, take care of the house, renew their lease, and many other things. Also as a landlord your costs are not fixed. You never know when appliances are going to break and need repair, or the air conditioner needs to be replaced, or the roof leaks, or a drain clogs, or any number of other issues. As a private money lender you get a fixed return secured by the property itself as a first deed of trust. You don’t have to worry about tenants and toilets and trash like you do as the landlord.
For some people landlording is fine for others it’s not. If landlording is appealing to you then that is great, but if you don’t want to worry about all the problems associated with a rental property and would just like to collect your monthly payment whil you are doing other things you enjoy doing, then being a private money lender with EJCP might be the answer for you!
Contact us anytime for more information and we’ll be happy to go into more detail.