It is no secret we are in a down real estate market. Almost every day the newspaper and television news broadcast tells us about the foreclosure crisis. This site is devoted to exactly that but there are other arenas you can find deals. Hopefully this article will spark your creative juices and get you to looking under every rock.
Charlie obtains information from the County that the annual Real Estate Brokers taxes are $1,800 per year. Fire & Casualty Insurance will be $800 per year. Both added together and amortized would be $216.67 per month. This amount added to the loan payment ($479.02) and subtracted from the Fair Market monthly rental amount ($1,100) indicates a positive cash flow of $404.31 per month.
Janice will contribute $15,000 to the Joint Venture which will pay the down payment ($8,000); pay for the needed repairs ($3,000); and leave $4,000 for reserve and unforeseen contingencies, which always come up.
The first such rule is that you must wear a cap now to let your hair down later. Put a cap on your spending. This is not to say that you have to give up all luxury. You are still aloud to enjoy every day of your life, and are seriously encouraged to. However, you need to be constantly aware of your spending. Maybe you should not buy that new Corvette even though you could possibly stretch to afford it. There is a reason for this, and it is rule number two: Saving.
The next question you will need to ask and answer before moving on to the planning and purchasing phase is how much time, on average, do you want to devote to your summer garden on any given day? Gardens often require tending and you must be prepared to devote some time to keeping your garden in good working order though some are definitely higher maintenance than others. You need to have a realistic idea of how much time each day or week that you are willing to devote to making your garden the beautiful sanctuary it can be in mind before you decide on the types of plants and flowers that will fill your summer garden.
Write continuously- this is one of the most important rules in blogging. You should write continuously. Remember that people are always looking for fresh content. No one will visit your blog if they keep getting the same thing! At least one article a day is recommended. My best marketing strategy for this is already mentioned in the previous step: create a topic that can be extended into more articles.
Would you rather worry about getting your pension just to live in poverty? Or would you rather have your own business that has 9 income streams where you could make as much in one month as you could in one year.