Multiunit
– duplex
 The
duplex shown at left
Is a 3 bedroom 1 bath 1872 sq ft unit
that nowrents for $650 per month.
Would $1,300 a month gives you a little
cushion? Our cost + lot $16,000
The book tells you
how I did it on page 4 and I admit
it is a little different approach
but I didn’t know any better
so off we went! And it worked!
I didn’t buy them, I built
them, and I didn’t know
anything about building!
Anyone can do it. Using
professional sub-contractors the heaviest
thing you pick up is a telephone.
You can do it in your spare time and
keep your full time job. You
know who is keeping you from becoming
financially secure? You!
Listen to what Sidney Wilson from
New Orleans, La. said: “Thank
you Mr. Diehl for this wealth of information.
I have never seen it so simple.”
Keep reading and I will show
you exactly my path to becoming a
millionaire in my spare time!
This is something the little
guy/gal can do. This is something
the little gal/guy can get started,
with very little money, and very little
time. In my book I even show you how
to build with 100% financing!
We didn’t sell anything. That
duplex I mentioned above still rents
like new units and the rents keep
rolling in.
Multiunit
– 4 plex
Our next foray into building was a
4 plex. I had purchased a large lot
with a house on it. I split off the
house and put the mortgage on that
so that left me with a free and clear
lot to build on. (100% financing)
We built the 4 plex for seniors with
a nice wooden folding door between
the living room and one of the bedrooms
in case they had grand-children staying
over. It was the wrong location for
seniors so we opened it up to all
renters.
We built one of these one year and
because it was a large lot, the following
year, we built another. The 4 plexes
were identical and we used the same
plans. Here was a guy, who had nothing,
knew nothing about building, and now
owned 10 units with very small mortgages.
The mortgages were small because it
didn’t cost much to build them.
Keep reading and you may realize
you too can become rich using our
method of building. In your spare
time!
The four-plexes were 24 x 96 (2,304
sq ft.) each & were 1 or 2 bedroom.
The 8 units had 12 uncovered parking
spaces and no washer/dryer hookup
These were barebones units But we
have kept them up
and they rent for $4,500 + per month.
Yes we still have them and they look
better now than when we first built
them. Our costs for both 4-plexes
plus the lot was $46,080.00 each. We get our
money back every year!
What could you do with $4,500 per
month till death do you part.
Multiunit
- triplex
Why don’t you start
today on your way to being a millionaire
in real estate? What do you have to
lose?
Could $39.95 turn your life around?
It did mine and it is so simple, so
easy, and I did it in my spare time!
This isn’t hot air. Let me
show you another example of what we
did to become independently wealthy.
One or two units at a time and, this
is exactly the way it happened!
 Tri-plex
shown at left is 2 bedroom 1 bath
that rents for $1,800 mo. $1,800 a
month help with your retirement? Yes
we still have it!
Our cost + lot $36,612.79. This was
on the same lot that we built the
3 bedroom duplex and we were able
to do that because we brought the
sewer to the lot and that allowed
us 5 units instead of 4.
Oh you don’t want to be a landlord?
No problem, use a property manager
who knows more about rents than you
do and you still make money.
Who is making the payment for you?
Who is creating more equity for you?
Not you. The renters do that while
you sit there fat and happy with your
new balance sheet that makes every
banker happy with you. They can’t
wait to loan you money!
Multiunit
– sixplex
We have had so many people write
us how easy it is to build using our
books. Listen to this:
“I must first say that I enjoyed
your book very much and the information
was just what I was looking for. So
having finished it, I am interested
in your plans for a duplex.
Robert Ross. Calumet Park, Ill.
Let me give you more proof that we
did it!
 Six-plex,
4320 sq ft 2 bedroom 1 bath. $3,600
month rents built in 118 days and
watched the professional subs do all
the work. I just made sure they were
on the job! The best part this asset
follows inflation so your rents go
up with the cost of living!
Our cost + lot $78,926.01
The real estate editor of the Washington
D.C. Times interviewed Diehl and wrote:
“that you can do no better in
your search for information than to
fully absorb the chapter on bidding.
As is the case throughout the book,
the bidding information is presented
non-technically, and it gives you
a sense of urgency about keeping track
of costs that may not emerge in other
books.” He also said it would
be educational for a person doing
a remodeling job.
Multiunit
– 9 units
What is your goal in life? Travel
when you wish? Put the kids through
college? Retire with dignity and spend
your retirement years doing what YOU
want without losing your nest-egg?
Give back to your community?
 The
only thing holding you back is
you! My book Affordable
Housing and Workbook
will show you step by step how to
get there. It is so simple, it is
so easy you wonder why everyone in
this great nation of ours isn’t
doing it.
Listen to this: “I have enjoyed
both of your books as well as your
performance on the satellite TV. Since
getting your books I have started
a single family house & I’ve
saved many times the price of the
books. The books served the purpose
of getting me going again. Thank you
very much.”
Frank G. Sieraski Watsonville, CA
Let
me give you another example.
9
units all 2 bedroom 1 bath. Most with
central heat & air. 6,864 sq ft
& rents @ $6,000 month. These
units selling for 100 to 125 K in
Calif. Yes we kept ‘em. Our
cost + lot $137,074.08 Is that a profit?
Duplexes
There is more. Remember those 4 plexes
in the early going? After bringing
in the sewer we were zoned for 18
units so we built 5 duplexes. They
were 3 bedroom 1 bath units and rent
for $7,000 per month.
The duplexes were 900 sq. ft. each
side & were built specifically
for low and moderate income buyers.
Rents were below the norm for the
area & well appreciated.
The duplexes were built for $45,000
each using our method of building
+ lot. Were we millionaires yet? What
do you think? Residential units plus
offices and warehouses plus a small
shopping center in Tahoe all free
and clear.
Not a bad position to be
in is it?
Could
you do that? Almost anyone can duplicate
what I did. No smoke and mirrors just
build & keep. I wish you would
try it. It is so easy!
Let’s
take a look as to what is actually
in the book!
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