hey everyone,i closed escrow last month on a land sale. buyer paid me half of the sale price (we'll call this the down payment), through escrow and he has 18 months to pay me the balancethe down payment already covered my cost of the land and put some money in my pocket too. the amount owed to me is all profit and with the economic uncertainty that is looming i didn't charge him an interest rate to make it more attractive to him and to seal the dealthis morning, i was looking at my USPS Informed Delivery email and see that I am going to be getting a letter from a company that purchases private notes and trust deeds, so I googled them and it looks interesting.

In order to create a $20k loss, you either have to a) incur an actual economic loss which is shooting yourself in the foot or b) buy a rental property, place it in service and accelerate its depreciation which is much more complicated than it may sound.2.

I find our current situation fascinating.Things are skewed, but the economics gravitational force will always balance offer and demand. 

Technically we are not in a recession until the National Bureau of Economic Research says so.

Would you be comfortable moving forward with gap funding in the current economic cycle?

“Foreign direct investment (FDI) has been a vital ingredient in Alabama’s economic growth in recent years,” says Commerce.

Having a lower barrier to entry and having a portfolio of assets I believe is a better scenario during any type of economic condition. 

I study economics so I always ask questions about assumptions we make about people's actions in economic matters.

Net operating income equals gross rent minus physical vacancy minus economic vacancy divided by operating expenses.

So we are on the same page, a dependable passive income must meet three requirements:Reliable - You continuously receive the income with minimal interruptions, in good and bad economic times.Inflation Adapting - Your rental income increases faster than inflation, so you have the additional dollars you need to maintain the same lifestyle.Persistent – The income continues for a long time; you and your spouse will not outlive the income.Selecting a dependable passive income location is the second step in the process of consistently buying dependable passive income properties.