…experiencing this intermediate level along the way. They trade a few grueling years of shackled hard labor in order to fast-track a lifetime of passive income. Other people, myself included,…
Search results for: real estate income
Is DEBT Fueling Your Life?
…as they can prove two years of work history, a decent credit score, and a low debt-to-income ratio. Life is much easier here in the U.S. Of course, life in…
I’m Upside-Down on My Home. Should I Rent It Out? Or Sell It?
…his current home until the market recovers enough that he can sell it. But is this a good idea? Check out the details: MONTHLY INCOME Rent: $1,600 MONTHLY EXPENSES Mortgage…
You Saved $128 Million by NOT Buying a Picasso! (And Other Strange Comments)
…not judging those expenses. There’s nothing wrong with any of these purchases, assuming you’re not going into debt for them and you’re saving at least 20 percent of your income….
Know Your Buyers: My $2,700 Mistake
…low-income neighborhood (duh, the houses sell for $21,000), I should have considered that my target tenant might not be as enamored with the digital age as I am. But I…
#117: How to Avoid Killing Your Spouse (and Should You Get Married in the First Place?) – with Farnoosh Torabi
…He’s carrying $20,000 in credit card and student loan debt. He has two children from a previous marriage and pays 25 percent of his income to child support. He has…
The Best Thing Money Can Buy? Time.
…they’re stuck in an employee mindset. They have an “hourly wage” or “annual salary” mentality: both phrases associate time (hourly, annual) with income. The myth that “rich” is synonymous with…
How Much Does It Cost to Maintain A House?
When we first purchased a house, we thought the only expense would be the mortgage. Haha! Little did we realize that the mortgage is only the beginning. Homeowners pay for…
Should I Repay Debt or Invest? – 7 Critical Things to Consider
…and in a low tax bracket, investing in a Roth IRA could be a huge win. You’ll pay taxes on that income now – at your current low tax rate…
#168: How to Optimize Your Time and Energy — with Mike Vardy, The Productivityist
…How can you spend less time struggling with your Inbox, and more time on long-term projects that can boost your income? When inspiration strikes or new opportunities present themselves, how…