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30 December 2021 | 7 replies
it's near a few huge new factories and upcoming revenue streams and many new workers will be moving in in the next 12 months.
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18 September 2021 | 14 replies
My goal is to generate another revenue stream aside from my full-time job, so in the future I'd rent out the property instead of living there myself.My question is this: since my apartment lease ends on November 30th so I will also need a place to stay, which of the following options would be the best first move in order to generate income/build wealth?
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16 December 2014 | 5 replies
Long story short.....I was a pizza delivery guy in an area where there were lots of bars with video gambling machines (illegal but not really enforced).I had NO desire to play them....I wanted to OWN that non-taxable (illegal) income stream!!!!
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28 December 2014 | 7 replies
Thus, my active income and passive income cash flow streams remain synced to the overall real estate market.
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14 June 2023 | 9 replies
Rental income can provide a consistent stream of cash flow, which can help you reach your financial goals faster.On the other hand, if buying a home for your personal use aligns better with your current lifestyle or if you're planning to settle down in Phoenix for the long term, purchasing your first home could be a good option.
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5 May 2023 | 11 replies
Here are a few things to keep in mind:Pros:Consistent demand: College students need housing and tend to rent year-round, which can provide landlords with a steady stream of income.High rental yields: College students are often willing to pay a premium for housing close to campus or with desirable amenities, which can lead to higher rental yields for landlords.Multiple tenants: Renting to college students can mean renting to multiple tenants at once, which can increase the potential for cash flow.Cons:High turnover: College students tend to move frequently, which can result in high turnover rates and additional costs associated with finding new tenants.Potential for property damage: College students may not have the same level of responsibility or experience as older renters, which can result in more wear and tear on the property or potential for property damage.Noise and disturbances: College students may be more likely to host parties or cause disturbances, which can lead to complaints from neighbors and potential legal issues.Ultimately, whether or not renting to college students is a good investment opportunity depends on a variety of factors, including the location of the property, the local rental market, and the landlord's level of experience and ability to manage potential issues that may arise.
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1 November 2016 | 13 replies
After that, consider when and if that loan will need to be renewed, they can say no then.I suggest you and your partner to be go talk to a lender and spill the beans of your plan, it could be that you being the weaker party won't be relied upon as much, depending on what ailments you have, if your partner is much stronger they may say yes.
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19 January 2017 | 8 replies
I am not sure if you are looking for other methods of funding, of if you are looking for alternate streams of passive income (you could try purchasing furniture used for future staging and rent them out when you're not using them for an example), but if you have the time to work on more than what you're already doing and are simply wanting ideas to come up with more funding, I would suggest working together with someone else (an active REI that is) who has the capital and splitting the profit until you make enough that way so you don't have to worry about it.
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25 January 2017 | 33 replies
That way you can have multiple streams of work and they will usually have crews.