There use depends on the type of trust setup - they can be used to bypass probate; eliminate ownership and control from a person subject to lawsuits; skip a generation on an inheritance and hence skip inheritance taxes, and numerous other uses.  

In recent years, Astoria has become a popular destination for younger generations to dine, hang out, work, and live.

we have in fact spoken many times about step up and that has been my strategy for building generational wealth.

  $20,000 for 2 generations is $10,000 for each generation that's cheaper legacy than Harvard or some other guru ..... or the ability to pay off mortage and student loan debt to save $50,000 in interest - that's nearly 3x the cost of the education in return for your money.

Hey Everyone, I am new here... been working with investors for last 5 years and helping them in lead generation using multiple marketing channels including sms, rvm, cold calling, direct mail, email and google adswould love to connect with wholesaler and investors and share my experience...

Collaboration is the best part of real estate investing and I did not get this from using some AI-generated portal (currently running rampant in the forums).

When a business is first scaled you have to generate more revenue to create the same pay to yourself.For instance if someone has a marketing agency and makes 400k a year running themselves with just  a few people then the business starts ramping up more and more.

What I did say was that we could complete the work in 10 business days, though you expressed dissatisfaction with the lead generation aspect.

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.

I almost wonder if this question is a plant of some sort just to gauge the types of responses it would generate, so I'll take the bait in the even that this is a bot or troll (full disclosure, my career is not in any way related to the success or failure of the RE market).