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MEET YOUR REIA NYC LEADER
Teresa R Martin, Esq - Founder/Counsel
D
• Even if you're only able to rent out your RV for two
weeks out of the month for $125 per night, you're
able to earn $23,000 per year!
2. SELF-STORAGE
Self-storage is a big industry. The shaky state of the
economy may be partially to blame, as the number of
multi-generation homes and families downsizing their
living quarters are increasing.
• The Self Storage Association reports that one in ten
families rent out-of-home storage space. Typically,
units rent between $50 per month for a small unit to
over $200 for a sizeable storage unit.
• The cost of purchasing a self-storage facility varies
widely. It can cost as little as $200,000 or as much
as $3,000,000 depending on the size, location and
demand for the service in the area.
• Keep in mind, aside from the mortgage, there is still
overhead. Utilities must be operating in order to keep
the storage facility at an acceptable temperature; this
is to avoid ruined personal property. Also, employees
might be necessary, as well as a security system. But
as a whole, the investment generates fairly passive
income.
3. ONLINE REAL ESTATE
Online real estate, otherwise known as websites,
requires very little investment and can typically gen-
erate a good ROI over time. Traditionally real estate
is thought of as tangible, but don't disregard the earn-
ing power of online property. When you consider that
Candy.com sold for over $5 million dollars, online
real estate has the potential for astronomical returns.
r. Teresa R. Martin, Esq. is a sought-after
attorney, real estate broker, real estate and
financial health coach, keynote speaker,
author, consultant, and a Dave Ramsey Master
Coach. As principal of her own practice, she
has honed her skills in the areas of residential &
commercial real estate transactions, foreclosure
defense litigation and credit restoration services.
In addition to being an attorney, Teresa wears
the hat of a seasoned real estate investor with a
focus on creative acquisition strategies. Strate-
gies that she developed, implemented and taught
to others through her role as Counsel/Founder
of Real Estate Investors Association NYC (“REIA
NYC”) and as Director and past President of the
New York Chapter of Better Investing, the na-
tion’s largest non-profit organization dedicated to
investment education.
Her legal experience, coupled with her pas-
sion for financial ministry and consumer edu-
cation, led her to join and complete her Group
Leader training with Fellowship of Companies for
Christ International (“FCCI”) in 2005. She con-
tinues to use her God-given gifts to encourage,
equip and help others understand sound financial
biblical principles through Generational Wealth
Zone, a conduit for the everyday person to
achieve financial freedom through tutelage in the
areas of financial literacy, business ownership,
real estate and stock market investing.
Teresa has appeared as a legal and real
estate expert on
Voice of Ameri-
ca, Real Estate
Straight Talk
and numerous
radio programs.
She has been
featured in such
publications as
Money magazine
and Diva Zone
magazine and
more. Email:
tmartin@reianyc.
org
Continued on pg. 24
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