18 August 2015 | 9 replies
But I want to learn and get started on a path that leads to a secure stream of income that will be self sustaining.
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30 July 2015 | 3 replies
After biting my tongue to avoid the stream of profanities I wanted to unleash, I asked why.
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31 July 2015 | 12 replies
It makes sense in theory that 4 streams of revenue are better than one.
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1 August 2015 | 14 replies
I will "retire" at that point and spend the rest of my life doing what I want to do--including investing--with an unobstructed and unthreatened stream of income.
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2 August 2015 | 5 replies
I promise after the kids' movie is over it's right back to business.
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13 August 2015 | 166 replies
It won't happen over night but with all this guru newbie i wanna get rich with no money real estate going on and people like we see posting that have little to experience and just don't really care if they close unless they can flip.Complaints are streaming in and one day there will be task forces then enforcement actions and those that get busted will be scapegoats and so on and so forthwhy people think they can get in the middle of peoples largest investment and basically have little to no clue on how the industry or business works.. is really lost on me.. both ethically and morally.
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4 August 2015 | 4 replies
. ($2000 x 6 months= $12k,)Try save up to 10% gross of my pay check after the $2k budget is met then put the rest into debt reduction.Find somebody I can work with/for in Real Estate Investing to learn hands on and observe their methods.Use the 10% gross savings to invest in a property.Get free of all debt but business and eventually be able to go all cash as it makes sense.Establish at least 3 other streams of income (preferably 5) so we are not reliant on my commissions to meet the budget.
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13 August 2016 | 4 replies
I have always known that including real estate in a portfolio is the best way to build income streams for decades to come.
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11 August 2015 | 10 replies
The financed portion of the gain would be subject to what is called the Unrelated Business Income Tax or UBIT.Unrelated Business Income Tax (UBIT)In most cases, people hold investment properties in their IRA for the income stream, not for flipping, so the UBIT is not typically a factor.
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11 August 2015 | 6 replies
The reason is I want to extract as much rent as possible annually and If I wait until year 3 they might go out of business and I never see any rental increase gains.Inflation year over year devalues the income stream which is why you need annual increases.