How to Actually Make $100 Million in Passive Profit (Not Clickbait - Real Case Study)
This time-tested, proven, step-by-step method is far easier than you think
Today Iām going to show you exactly how to make nearly $1 million per year and become a multi-deca-millionaire, if not a centa-millionaire.
Itās an easy, simple, step-by-step system anyone can use to amass unimaginable wealth without having to do ANY work at all.
Ready?
Here we go:
Step 1:Ā
Buy a 3-5 bedroom house. On credit, of course. (But donāt worry, you wonāt personally pay back a cent.)
Step 2:Ā
Hire an underpaid drywaller to turn the living room and dining room into two bedrooms each.
Step 3:Ā
Hire an underpaid carpenter to install 6ā8 bunks in each of your 7ā10 rooms. Make sure theyāre slightly larger than the smallest known bunk bed so you can advertise them as premium-sized.
Step 4:Ā
Decrease your monthly expenses and insurance risk by removing the houseās laundry machine, the stove, the oven, and the dishwasher.Ā
A toaster, microwave, and maybe a hot plate is all these people deserve, anyway. (After all, if they were hard workers they wouldnāt be renters, would they?)
Step 5:Ā
Figure out how much the average apartment and room rents for in your area. Price your bunkbeds at 10ā20% cheaper.
Step 6:Ā
Advertising your new bunk rentals. Give them a cool name like āco-living suitesā or āexecutive sleep pods.āĀ
Be sure to forbid pets, parking, babies, etc. (And cooking if the real estate market is tight and renters are really desperate in your area.)
Try to sell your crappy and cramped co-living arrangement as hip and progressive. Call it eco-friendly. Call it a chance to meet new people.Ā
And donāt forget to make your new venture sound like a world-changing charity. Come up with a mission statement. Make claims so absurd that people are downright confused but go along with it because they donāt want to seem stupid.
DO NOT sign any leases with your new tenants. You donāt want to commit yourself to a locked-in price. Call your rent āflexibleā to make it sound more appealing. This will allow you to evict and raise rents as often as economically possible.
ā¦
Okay, letās count your cash money!
6ā8 bunksĀ
x 7ā10 roomsĀ
x $500ā900/monthĀ
x 12 monthsĀ
= $252,000-$864,000 per year.
This is amazing for several reasons:
Because you commercialized a home by stealing so much worker wealth, your house just skyrocketed in resale price.
Because youāre āearningā so much rent per room and unit, all the other land-lorders in the area will start to raise their prices, which will allow you to re-raise your prices. Spiraling up!
Step 7:Ā
Now obviously you donāt want to create any new usable wealth for society, nor do you want to contribute any value to the lives of othersāāāand you certainly donāt want to work or sweatāāāso this is the point where you hire an underpaid worker to cut the grass, unclog toilets, do repairs, etc.
While youāre at it, why not just hire an underpaid management company to take care of everything for you, including billing renters? After all, thereās nothing worse than having to actually see your victims every month. Ick!
Step 8:Ā
Letās assume you spend 50% of your tenantsā rent money on the mortgage, repairs, and the underpaid serfs who do the actual work. That leaves you with $125,000-$430,000 per year in net profits.Ā
At this point, thereās only one thing to do: Rinse and repeat.
Thatās right: Now itās time to scalp a second house. Land-lording is like buying and hoarding Taylor Swift concert tickets to jack the price, except shelter is life-or-death so you can squeeze way more money out of people.
The beauty is that youāve got so much renter money to play with that you can outbid nearly any would-be homeowner for a house. So youāre killing two birds with one stone: By taking a second house off the market, your synthetic demand raises house prices for everyone else and ensures one more family remains rent-trapped. They might even end up as your renter!
Optional StepĀ 9:Ā
Letās say you think of yourself as a āgoodā or āmoralā person, or a āresponsible citizen,ā or even a church-going āChristian,ā but you donāt like how people react when they learn youāre a land-lorder.Ā
You have two ways to respond:
A.) Pretend to be generous. Give a tiny portion of the massive profits you harvested from working tenants to your favorite charities, and do so publicly so your friends see that youāre āgiving back.ā (If youāre a Christian, call it āstewardshipā and start discipling others in how to be better āstewards.ā)
B.) Really lay it on thick by telling everyone you meet that youāre āproviding housingā for others and that youāre even doing it for āless than market rent.ā
Your friends will be seriously impressed. What a guy/gal. He/she is entrepreneurial, hard-working, generous, charitable, and merciful?
You really are pretty amazing.
If anyone ever brings up the truthāāāthat youāre a wicked, evil, greedy house-hoarding feudal parasite who contributes zero new value to society while holding shelter hostage in exchange for someoneās work-created wealthāāājust roll your eyes and write them off as jealous, small-minded, ācommunists.ā
(Obviously, banning shelter parasitism isnāt communism. Communism actually has a real definitionāāāgovernment ownership of all propertyāāābut just bandying around the C-word will freak people out and get them back on your side.)
Step 10:
Stay the course, comrade. Hold the fort. Re-invest in buying more and more houses to commercialize. Keep going until you have a seven, eight, or ideally nine-figure portfolio.
Maybe even start a company that helps others turn their houses into commercialized renter cells, too. (Paying you a fat commission, of course.)
Defend yourself against potential loss by only ever voting for rent-seeking corporatists who will continue to aggressively advance the neo-feudalist agenda:
If you live in America, vote for Democrats and Republicans.
If you live in the UK, vote for Labour or Lib-Dem or the Cons.
If you live in Canada, vote for Cons or Libs or NDP or Greenāāāall four parties are ram-packed with fellow land-lorders who will never vote against your interests!
Once youāre ready to retire, sell your whole real estate portfolio to a hedge fund or a private equity giant for a multiple.
Letās say you monopolized forty houses. Thatās potentially $16+ million per year in profits, plus the actual value of the commercialized houses. A decade or two from now, thereās an extremely good chance theyāll pay you $100,000,000 for all the hard āworkā āyouā did.
From there, you can retire to the countryside or a penthouse overlooking Central Park, resting safely in the knowledge that you didnāt hurt or exploit anyone, didnāt make life miserable for hundreds of families, didnāt play an active role in making life unnecessarily more expensive for everyone on earth by commercializing shelter, and totally wonāt burn in hell for disobeying the Bibleās commands to not charge interest, not hoard property, and not profit off the poor.
The end.
This article was inspired by Brownstone, one of the hundreds of new rent-seeking parasite startups that turn would-be family homes into commercialized tenant prisons:
Friends, donāt miss the writing on theĀ wall:
The middle classās bleak future = co-living with strangers.
You are Big Financeās final frontier.
Capitalism demands efficiencyāāāefficient profits delivered straight to shareholder pockets.
Thatās why, within our lifetime, well over half the nation will be renting houses instead of owning houses, renting rooms instead of renting homes, and renting beds instead of renting rooms.
Welcome to the rental ratchet.Ā
Never forget: Land-lorders will not be stopped until they are stopped.