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For those that buy and hold for the income, how much time do you devote to your business? I understand that starting out, depending on how fast you want to build your portfolio, you could spend a lot of time at it.Fo...
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So people think that real estate is passive, I can tell you it certainly is not. I have properties that I thought were rented out, come to find out they are not. I got properties that are rented out that I haven't rec...
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Hello All,I own 3 short term rentals that I self manage and I Also own another business where I earn my w2 income working full time.My question is from my understanding, I cannot use my passive income expenses to offs...
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I was doing private lending for long time. Now I am getting JV offers from the investors.in joint venture I also wants to contribute. I don't want to by fully passive. I want to contribute as more as possible.Most of ...
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Hey all,
I am beginning to come across more and more fix and flip opportunities. I use a hard money lender for the purchase and the rehab. I typically need to bring $75K-$100K to the deal for the down payment. I woul...
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What are the downsides of electing to be treated as a real estate professional for taxes? Would this make my real estate rental income become active income instead of passive? Is this taxed differently? I do not have ...
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Looking for everyones thoughts on business ideas that you would consider "recession proof". Ideally passive investments that require little to moderate management.
I'm thinking fast food franchise.... good in good t...
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Does anyone have experience with both Mojo Dialer and Call Rail? I wanted to know what are the plus and minus of both and what one you'd prefer?
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My wife and I purchased a park in Idaho last Jan. There are 31 park owned homes and 14 renter owned homes. We have done quite a bit of work to the park owned homes in the tune of about 45K. This would be new roofs, f...
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Just curious about when you rent a self storage unit to client can you check their Credit or income?What chance are running someone who dump all their stuffs there for one month and dissapare and doesn’t want to pay a...