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19 November 2018 | 11 replies
I find its kind of a progression.. you need a lot of capital for the note business the benefits of rentals is leverage of course.what i found was many did well as landlords then tired and just started to sell them off as they were retiring and note income worked for them.. and or they blended they had some rentals and had some notes. does not take a landlord that is suffering burnt out landlord syndrome but wants cash flow to understand how notes work.. but of course you have to choose wisely on the notes for sure.. as it relates to BP overwhelmingly the guys and gals on this site are going for bigger yields that they hope to make with NPN so they work for those.. and its not just passive income by any means its a business..
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18 November 2018 | 3 replies
I think BP members step away from answering posts because some have been discussed so extensively that people grow tired of it.
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2 March 2019 | 4 replies
They were tired of managing real estate and just wanted to be a church again.
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19 November 2018 | 4 replies
Depending on the number of vehicles, age of drivers, number of properties owned, the rates can be very affordable.
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30 November 2018 | 11 replies
One mistake can be forgiven the second never will be.Your vehicles and other assets can be held in personal property trusts etc.Just remember to buy plenty of liability insurance and both personal and commercial umbrella policies.If it ever gets to court your tax returns will be subpoenaed and subject to asset disclosure.So if the business entity operates the business and does not OWN anything because land trusts own every piece of real estate it creates another barrier to asset seizure.
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1 October 2018 | 3 replies
I'm done and frankly somewhat tired of having to ask permission to be as present in their lives as possible.
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30 September 2018 | 6 replies
They tired to get it appraised down.
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8 April 2020 | 31 replies
Now I have to go up to 15 or 20% down, it is just tiring.
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5 August 2019 | 2 replies
Tired of managing the property from a distance?
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2 October 2018 | 4 replies
A six unit building with seven parking spaces with everyone home plus your vehicle could mean a visitor may not find street parking and the only thing they may remember is "the place we had to double parked".I have done the open house style with a twist.