Those funds could be out there making you money, but instead they're buried in the ground earning no income for you, doing no work but allowing the bank to lend to others.That said, I avoid refinances as much as possible because I'd rather return my money to me and not to the bank.

  $20-40k saved is $20-$40k earned if the service is a waste. 

People who rent by the room are typically college students, younger individuals, and/or those closer to the lower end of the earnings scale as people with money tend to purchase homes or rent entire homes.Credit checks, landlord references, 3x income to rent are typical and you can include what you feel is necessary so long as it is legal to ask for.East Valley is a large area.

If you have a lot of time until retirement, a Roth 401k let's your earnings grow tax free.

If any of your schedule E income requires work on your part, you might want to discuss the possibility of converting that to earned income with your CPA.

The money you pay down on your home is earning exactly 3.125%, which is the cost of the interest you are avoiding by paying it off early. 

I strive to change passive income into ordinary earned income as little as possible.

I am requiring applicants to earn 3X the monthly rent for income.

As you can imagine, I am looking to start my real estate investment career in a different market since Denver, CO isn't known for its ability to churn out countless rental properties that produce positive cash flow.

Hey everyone, Just started into my agent career about 2 months ago.