You can find online mortgage calculators that allow you to play around and see what happens if you do an extra payment or increase your payments.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Losing 85% on a single REIT would’ve been devastating if you were all-in, but spreading out across 10 investments turned the overall outcome positive because of the winners.Here’s a few extra key tips to avoid big losses in passive investments:Focus on cash flow: Invest in assets that generate consistent income.

Unfortunately they don't care how much your worth they care how much you earn a month.

Fully fund IRAs and 401Ks7.Work less ("I think I earned it" ... a few good men)

That could potentially take away all the extra from increasing $150 for several years.

Make the rules such that the tenant, in order to get the extra federal unemployment, must pay at least half of it to rent.

If you’re looking to make real estate your new job and to earn cash now to use and live on like a job, then go for cash flow.

Insurance is expensive, there is a lot of extra maintenance like painting or electric in common areas that don't apply as much with smaller units. 

We closed the LLC because it was not giving us protection since the properties and mortgages are under our names instead of the LLC, so it was extra work and cost for no benefitQuestions:1-I assume we need to issue 1099 for these contractors even though we are not incorporated, right?