I am looking to begin the process of a 10+ year plan to build out a sustainable REI enterprise which would ultimately provide me with significant passive income and net worth to make a legacy business for my family.

It is now known as the Frontier County Enterprise, but previous iterations included the Hi-Line Enterprise, and before that the Eustis News.

It's not quite as profitable as doing AirBNB yourself, but at least it's a stable income. 

The low purchase price, combined with an established market demand, made this an ideal transaction for a fast turnaround and profitable outcome.

When starting out it’s a pretty good deal for someone lend you all the money and you give them 50% of the profits.

Purchase price: $250,000 Cash invested: $14,000 I purchased and managed a rental property in Chicago, focusing on strategic improvements and tenant satisfaction to increase both its value and profitability.

Valuable and soon to be life changing profitability Lessons learned?

Too many are locking up properties at retail prices and tacking on outrageous assignment fees, leaving no room for investors to profit.

A 1031 exchange doesn’t apply, but funding through a self-directed IRA can defer taxes, though profits from debt financing may trigger UBIT.To reduce taxes, consider forming an LLC for better expense deductions, offsetting gains with investment losses, or holding the property for 12+ months to qualify for lower long-term capital gains rates.This post does not create a CPA-Client relationship.

Now we're seeing major disasters in densely populated areas and insurance companies can't maintain their profit margins.