Don Konipol
Why I Believe Striving to Build Passive Income is Overrated
21 May 2024 | 34 replies
That's okay, REI won't be 100% of you income as it shouldn't. 10k/month was good enough for me to help supplement my lifestyle.
Nash Mittelman
STR Nightmare that most investors would probably overlook...
18 May 2024 | 19 replies
After a closer look into the disclosures, it turns out that the ADU (permitted, junior ADU) was being rented for supplemental income on Airbnb.
Malico Watson
How do I secure a line of credit for new construction
18 May 2024 | 6 replies
A line of credit can also be a useful tool to supplement your business.
Sage Weiss
What to do with extra cash?
19 May 2024 | 23 replies
Nelson Nash developed the concept in the early 80s but the product the concept utilizes has been around for much, much longer.Since you brought up term insurance (which is temporary w/ no cash value accumulation or dividends), oftentimes a policy will be supplemented by term insurance in the form of a rider that allows one to increase their death benefit such that they can store more cash in their policy without triggering IRS MEC limits and therefore be subject to tax hits.The concept and its value proposition is incredibly misunderstood (and sadly often abused) but the reality is it works.
Miguel Suarez
I'm Planning To Buy A House Out Of State early 2024 (any suggested states to invest?)
24 May 2024 | 259 replies
With regards to traveling nurses, I was mentioning them as a potential tenant pool if I decide to purchase a STR, as an alternative or supplement to vacationers as occupants.
James Robert
Contractor Keeps Picking Up Other Jobs During My Flips
18 May 2024 | 15 replies
Unfortunately you're not paying him enough (and he's not charging himself enough) to stay on your project all the time so he has to create supplemental income.
TJ Bardossas
Experienced Broker, 1st time investor
17 May 2024 | 8 replies
Rather than wasting it or leaving it in a bank account I'm interested in starting my own investment business to supplement my real estate sales.
Kenji Tominaga
County Mortgage Tax paid by the Buyer?
15 May 2024 | 6 replies
I am certainly not a tax expert, but fwiw, I just looked at my closing statement from the purchase of a Brooklyn multi-fam and as purchaser, I paid the following taxes:Transfer Tax Additional Transfer(mansion)taxTransfer Tax Supplemental NYC(mansion)taxMortgage Tax 1st mortgage
Sam Green
Self Storage
20 May 2024 | 121 replies
Also, many clients are going to a 1-man office staff that is supplemented with a kiosk.
Curtis Cecil
BRRRR or buy multiple at one time???
15 May 2024 | 8 replies
Of those 20 projects, we BRRRR 8-10 per year, and the flips supplement the money left in the BRRRRs.