Dante Fortson
Just Closed On 36 Acres!!! - Glampground
17 April 2022 | 44 replies
I also make over 6 figures a year outside of crypto because I have royalties constantly incoming along with other sources of income.
Mike B.
$ 500K , What should i do . Multi Family Investing
2 February 2020 | 21 replies
And if that happens then the whole thing blows up.If you want something recession proof then you need to be investing in an asset class that is uncorrelated with business cycles (litigtion finance, life settlements, royalties, etc) and even then usually you're only getting at best "extremely recession resistant".
Kurt Bouma
Not able to hold real estate as an investment within an IRA?
13 February 2020 | 31 replies
REAL ESTATE is an investment, just like precious metals, stocks, royalties, equipment, oil, gas, etc I assume you work for a company that only sells stocks and bonds thus the tunnel vision-not your fault.
Bill Ramsour
Use rental losses against other income?
6 March 2020 | 7 replies
Likewise, being a mortgage broker does not qualify (this one was actually just tested in court in 2017)For the bucket of losses, all passive losses get netted together in a given year, so all rental properties, Oil & Gas Royalties, etc - all get lumped together for the purposes of determining whether you've got an overall Net Passive Loss.
Shafi Noss
Tax Topics: What is Passive Income?
11 March 2020 | 4 replies
Passive income comes from rent, LP profits, and royalties.
Scott Mac
Which Areas Will Recover Financially From the Virus First?
4 April 2020 | 6 replies
Hopefully the price war with Putin and the Saudis ends soon. sources: New Record: Texas Oil and Gas Industry Paid $16.3 Billion in Taxes and State Royalties in 2019, Most in Texas HistoryCertifying the 2018-2019 Texas State Budget
Jm McNabb
Is seller financing a safe option
12 April 2020 | 8 replies
The value to the buyer can add up to a very sizeable amount of money; typically pays the up-front lender fee to lower the interest rate, which results in accumulating paid interest savings for the buyer as long as the buyer owns the property, or for the life of the loan; may add up to many tens of thousands of dollars; make sure you check the fine print of the lender's loan lock provisions; be sure your seller's money is truly paying down the loan rate as opposed to paying other lender charges to the buyer. 3.Seller-Funded Temporary BuydownsBuydowns can also be structured to adjust the buyer-paid interest rate for a limited number of years; can cover the first two, three or four years or more of the buyer's loan; allows your seller to reduce the buyer's ongoing loan cost (monthly payment) considerably.4.Owner FinancingA willing seller may be able to keep their selling price intact by offering financing to a buyer; for a seller who needs to sell as soon as possible for the best possible price; expands the potential market for buyers to those who might not qualify with a lender for any number of reasons relating to their credit, verifiable income, or other issues; seller creates an 'investment" that can produce an annuity with a very good rate of return for many years; seller needs to become very well educated on how to qualify a potential buyer (how to get credit, income, debt ratio, and other accurate personal historical data on the buyer-and how to verify that data); seller needs legal advice to review contract documents, as well as title and escrow services to conduct a title search and closing; buyers attracted to seller financing may have income sources including part- time work, bonus income, royalty income, dividend and interest income from investments, or they may be newly self employed; seller who finances needs to get a substantial down payment and ensure that the property is adequately insured by the buyer and that initial property taxes are pre-paid and a tax payment plan is established; if the buyer stops paying, the seller will have to proceed like a bank or other lender and foreclose on the buyer. 5.Contract for DeedA contract for deed agreement to purchase is similar to a seller-financed purchase.
Rebecca Salazar
Is there a “best” real estate company or is Redfin the move?
1 July 2021 | 37 replies
KW will let you do one a year and pay a 6% royalty (of the commission) and I believe EXP is 3 deals a year with some minimal brokerage fees.
Dylan Swanson
Cons of having a realtor license?
21 December 2014 | 36 replies
All brokers will charge you fees (desk fees, admin fees, IT fees, royalty fees - that's if you DON'T have office space) and require that you join their preferred Realtor association, which also comes with fees, plus the CE classes, plus lockbox access fees, plus MLS fees.
Casey S.
Bank wont loan if seller reserves mineral rights in TX?
3 December 2013 | 9 replies
Oil and gas, certificates are a commodity as to rights, bought and sold, if any oil or gas is pumped the owner of the rights is entitled to royalties as they may have been negotiated.