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I've been reading the 4-hour work week and it talks about building a 'Muse', a system that passively generates income for you (usually in the form of a product that can be easily/quickly manufactured).
It got me thi...
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Good Day to everyone here. I'm an Active Duty Officer in the Fort Bragg, NC region. I have been doing a lot of reading and research on real estate investing to begin generating passive income. I would like to connect ...
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When speculating on long-term passive property investments, one should consider taking into account the “1% rule”. While it is not a perfect measure of whether or not a property will yield a profit, it has been shown ...
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what does it mean to make sure a house is leveraged?
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Real estate investment is a time-tested method of building wealth and generating passive income. It’s also a way to hedge against inflation and acquire an asset that appreciates over time. However, long-term success r...
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So I recently got an accepted offer on my first SFH intentional rental. I have had a rental for 5 years previous owner. During the entire process I've read every book I can get my hands on, cash flow quadrant, ric...
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Since it's so hard to collect from tenants who owe, or in some cases not really worth trying to collect, I would like to know more on being able to use the 1099-C "cancellation of debt" form. All responses appreciated
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Hi everyone,Recently I got into a discussion, which turned into a disagreement with a family member about downpayments. In short I said if a deal doesn't cashflow with a regular downpayment % such as 20-25, throwing m...
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Fellow BP expertsWould my LLC which has buy and hold rental income only at this point, qualify me for a Solo 401K, if I have the LLC pay me as the Property Manager?Would that self employment income be enough to make t...
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So grateful for this site and community... this information is already starting to change our lives by giving us a new mindset and optimism as we look to build wealth. I'm about to turn 40, wife, 4 kids. We have wor...