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6 September 2016 | 3 replies
They could list it on the MLS but that usually produces low offers.
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5 September 2016 | 5 replies
This can be something fairly minimal, so long is it produces legitimate income that you report on your taxes, such as with a schedule C.
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5 September 2016 | 8 replies
We have had other candidates who say they are self employed but our process requires tax returns - although we have had a couple who could produce the appropriate pages, most of them go on to admit they don't report it and thus are unable to verify the income.
6 September 2016 | 3 replies
It seems unlikely to me that paying retail for a rental property will produce great cash flow.
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8 September 2016 | 3 replies
My interests are not only limited to real estate, anything that produces income will intrigue me.
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9 September 2016 | 4 replies
Here is a blog where I wrote about a recent 42 unit we bought and did creative things to add value. https://www.biggerpockets.com/renewsblog/bought-multi-million-dollar-apartment-complex-age-26/Just a few ways to produce ancillary income:- Laundry Coin laundryDetergent/laundry essentials in a vending machine in the common area laundry rooms.Rent individual W/D to each unit-Parking Garage parkingCovered parkingprime spot parkingJust plain old charge for parking-Renovations Interior units upgradesCommon area renovationExterior upgrades for curb appeal-Vending machines In common areas such as exercise room, pool house, laundry or leasing office-Trash pick up service In high-end buildings they have a service where you can set trash outside your door and for a fee maintenance will go around each night and collect it so the resident doesn't have to carry it to the dumpster.
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15 September 2016 | 8 replies
As a buy and hold investor myself, I find it hard to sell something that I know will produce income.
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1 September 2018 | 18 replies
Instead of maxing out a 401(k) and losing access to that money, he can look at alternative investments that produce passive income.
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13 September 2016 | 6 replies
Also, what is the outcome that you are trying to produce?
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9 September 2016 | 1 reply
I suspect there is a different mortgage or sales price involved to produce that profit.