Owner Finance: Creating Passive Income Without the Hassles of Tenants, Toilets, and Trash

The infamous 3 Ts: Tenants, Toilets, and Trash! Without a doubt, they are the biggest turnoff when most people consider investing in real estate.

Let's face it, nobody likes the idea of ​​a late night phone call from a bad tenant complaining about a leaking toilet or busted pipe. I can tell you first hand that it certainly isn't what you want to experience on a Friday night. For many people, being a hands-on landlord just doesn't fit with their desired lifestyle. And while the benefits of owning rental properties are tremendous, that is certainly understandable.

Is there a way to generate substantial passive income using real estate without these late night phone calls and the headaches of dealing with less than desirable tenants?

What is truly amazing about real estate investing is there is absolutely no need to try and fit a square peg in a round hole. There are many different ways other than owning rental properties to generate significant passive income while still being secured by a hard asset. One of my favorite investment strategies that I have utilized extensively over the years is owner financing.

In this article we will look at the benefits of owner financing and see if this could be a good fit for your financial and lifestyle goals.

Key Benefits:

Substantial Passive Income:

A real estate secured note is generally going to produce a strong monthly payment to you that is vastly superior to more traditional investments like stocks or bonds. For retirees facing the "yield crisis," this high level of consistent income can be extremely attractive.

Secured by Tangible Asset:

It is hard to find many other assets that offer the tangible security of real estate. Having lived in Houston when Enron collapsed, I saw first-hand the devastation that can occur when stock holders are wiped out. It was absolutely catastrophic for many families as life savings vanished overnight. With a real estate note, if your borrower should default then you would foreclose on the property. Property laws in Texas are very strong, and generally strong throughout the United States, from a lender's perspective.

"Hassle-Free" Income:

Other than collecting a check from the mailbox, with a real estate note there really isn't much management at all as long as the borrower is living up to their end of the agreement. You are free to travel, vacation, or do whatever you please without much responsibility from your side. Should the borrower fail to honor their obligation, you will most likely need to hire an attorney to begin the collection / foreclosure process.

Great for Properties That Don't Fit Your Rental Standards:

I spend a significant amount of my marketing investment on finding tremendous deals on Off-Market Properties. Often I come across extremely attractive deals on properties that I am not interested in keeping as a rental property. Perhaps the property is too old or needs too many repairs or simply the economics just don't justify the headaches. These properties are great candidates …

Developing Your Money Life And Long Term Finances Through The Fallen Angels

If your financial situation feels good but not great, you might feel like things are falling out of control – and it doesn't have to be that way.

Even when we have good momentum with our money it can feel like things aren't going well sometimes – and we have to recognize that feeling as just our emotions playing tricks on us.

It's not that we don't have a good grasp of what's going on with our money – we just don't feel like things are going well in general, and that can lead to horrifically unwise decisions later when we act on our emotions rather than the facts of the situation – which could be that we're perfectly fine but don't see it.

That is why we need some very strong spirit guidance so that we don't get off track – it won’t be so difficult to welcome in a far stronger financial situation, and we won't have to pull ourselves through excessive challenges in order to get there.

Building up your finances in a way that you can count on your money situation long term – relying on much wiser and more stable finances as you go along – that is how we should live.

We should never descend into past mistakes that we made with our money – we need to get smarter and bring those decisions from the past where we fixed our mistakes moving forward, and bunch of spirits can help us with that …

Lavel – Helps to develop your finances in a way that you are much wiser and smarter, making far fewer mistakes and embracing a money life full of abundance and greater cash flow long term.

This can be a crazy effective power to apply to your financial life – once you see that your money can be stretched and made to last far longer than you could ever imagine, life can get very interesting because you know your money can be made far more efficient than you ever considered.

We are not trying to make something impossible happen here – making your money last longer and making far wiser decisions is simply a matter of changing your mindset and thinking, and once that happens your money situation will never look the same.

Another spirit can help with financial growth in a way that most simply don't think about …

Eshaliah – Brings you to understand your finances perfectly so that you make much smarter decisions with your budgeting and spending going forward; enables you to increase your cash flow in a way that you always have extra cash on hand and never spending your money needlessly going into the future.

Often we don't realize how much of our money goes to unnecessary stuff we buy that we end up not needing and regretting – and that needs to stop.

When you tweak your budget in such a way that your crappy spending goes down and you keep more of your …

Finance Your Education With Nursing School Loans

Do not let financial setbacks hinder you to pursue your dream to study nursing. There are many nursing school loans available whether you are a graduating high school student who would like to start a nursing career or someone who is advancing your nursing education. There are nursing loans available even for those pursuing a Masters or Doctoral degree.

Every nursing school offers some type of financial service to their students. Many schools form partnerships with private financial institutions and participate in government-funded student loans to be able to grant school loans. Ask the college or university where you intend to enroll about their nursing school loans programs and application requirements.

Many hospitals also offer nursing school loans and scholarships with the agreement that after graduation the student will serve in the institution for a specific period. Financial assistance is also available to individuals already employed in the hospital such as Licensed Practical Nurses who wish to further their education and become registered nurses.

Possibly the best source of nursing school loans is the government. The US Department of Education's Federal Student Aid has different loan programs that allow undergraduate and graduate students and even parents to secure educational funding directly from the government. These loans include Federal Stafford Loans, which are for students and Direct PLUS loans for parents of dependent undergraduates.

Private lenders also offer nursing school loans funded by the federal government through the Federal Family Education Loan Program or FFEL. Nursing schools that participate in the Federal Perkins Loans Program also offer students in great financial need with government-funded low-interest loans. In this program, the student borrower makes payments to the school.

In addition, the US Public Health Department offers grants and nursing school loans forgiveness programs to students in exchange for their service in remote or under-served locations after they graduate.

As you can see, there are many sources of nursing school loans. The best place to start looking is in your community and your local state. The Internet is a useful tool to help you in your search. There are even websites that can match you with a financial aid provider. Sometimes, you will need to obtain more than one loan to cover your total educational costs. The key here is persistence in researching and applying for these opportunities. Lastly, remember that a loan is borrowed money so you would want to make sure that you would be able to keep your end of the bargain.

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Sources of Business Finance

Sources of business finance can be studied under the following heads:

(1) Short Term Finance:

Short-term finance is needed to fulfill the current needs of business. The current needs may include payment of taxes, salaries or wages, repair expenses, payment to creditor etc. The need for short term finance arises because sales revenue and purchase payments are not perfectly the same at all the time. Sometimes sales can be low as compared to purchases. Further sales may be on credit while purchases are on cash. So short term finance is needed to match these disequilibrium.

Sources of short term finance are as follows:

(i) Bank Overdraft: Bank overdraft is very widely used source of business finance. Under this client can draw certain sum of money over and above his original account balance. Thus it is easier for the businessman to meet short term unexpected expenses.

(ii) Bill Discounting: Bills of exchange can be discounted at the banks. This provides cash to the holder of the bill which can be used to finance immediate needs.

(iii) Advances from Customers: Advances are primarily demanded and received for the confirmation of orders However, these are also used as source of financing the operations necessary to execute the job order.

(iv) Installment Purchases: Purchasing on installment gives more time to make payments. The deferred payments are used as a source of financing small expenses which are to be paid immediately.

(v) Bill of Lading: Bill of lading and other export and import documents are used as a guarantee to take loan from banks and that loan amount can be used as finance for a short time period.

(vi) Financial Institutions: Different financial institutions also help businessmen to get out of financial difficulties by providing short-term loans. Certain co-operative societies can arrange short term financial assistance for businessmen.

(vii) Trade Credit: It is the usual practice of the businessmen to buy raw material, store and spares on credit. Such transactions result in increasing accounts payable of the business which are to be paid after a certain time period. Goods are sold on cash and payment is made after 30, 60, or 90 days. This allows some freedom to businessmen in meeting financial difficulties.

(2) Medium Term Finance:

This finance is required to meet the medium term (1-5 years) requirements of the business. Such finances are basically required for the balancing, modernization and replacement of machinery and plant. These are also needed for re-engineering of the organization. They aid the management in completing medium term capital projects within planned time. Following are the sources of medium term finance:

(i) Commercial Banks: Commercial banks are the major source of medium term finance. They provide loans for different time-period against appropriate securities. At the termination of terms the loan can be re-negotiated, if required.

(ii) Hire Purchase: Hire purchase means buying on installments. It allows the business house to have the required goods with payments to be made in future in agreed installment. Needless to say that some …

Finance Careers – Investment Banking Analyst

For finance and business majors, one of the most coveted offers to have at graduation is an analyst position at an investment bank. Business students are attracted by the pay, the prestige and the fast-pace lifestyle that these twenty-something analysts live. But before collecting that (rather large) signing bonus, prospective analysts should make sure they understand what they're getting themselves into.

Though many will seek investment banking careers, few will succeed. There are only so many IPOs, mergers and leveraged buyouts that take place each year, therefore the industry can only support so many jobs. Furthermore, there are many peaks and troughs in this market, so even if you have a job one year, you may not have it the next.

Despite the high degree of competition and the job insecurity, the resume drop box for analyst positions is always full at the business school's career office. So what kind of person are these firms looking for?

Getting in the Door

Yes, corporate finance looks for bright minds who can clearly articulate business insights. But investment banks are also looking for students who are driven and disciplined. Athletes often have the ideal personality type for investment banking. They work with a team and practice every day to win. That's the type of mentality that succeeds in the corporate finance world.

In terms of education and experience, bankers are generally looking for candidates with business and finance backgrounds. Good majors include finance, accounting, business administration and economics, but even math and engineering majors can make their way into an interview if they can demonstrate that they are bright and understand the industry that they're getting themselves into.

Internships and other work experience that relate to finance are also very important. If a candidate can demonstrate that they're comfortable with financial modeling and analysis, they are likely to get an interview. But the interview process is where the fun begins.

Once selected for an interview, it is time for analyst candidates to start sweating. These interviews are often the toughest in the business world, and potential candidates should think twice before entering an interview without several hours of practice interviews as well as a few interview study books under their belts.

In these interviews, bankers are looking to verify that the aptitude that they perceived on a resume is actually there. They may do so with brain teaser questions, rigorous financial analysis exercises or strange questions that are meant to throw the candidate off and test how they react to pressure.

Interviews may involve several rounds – on campus, off-site at a hotel or at the firm. The interview process usually culminates in a "super Saturday" round in which the top candidates meet with all the bankers at the firm and socialize – perhaps taking in a sporting event.

Super Saturday helps the firm to make a final decision on which candidates are the best cultural fit. Offers are extended, signing bonuses are accepted, and the newly-minted analysts enter the crazy world …

Solve Your Funding Needs With Short Term Finance Solutions

Everyone who owns a company knows how difficult it can be to find yourself in a problematic situation when you need some financing, but just cannot find it anywhere. Whether you have some last minute debts that you need to cover or you do not have enough capital to pay the salaries of your employees, in business there are many situations when you need to access a short term loan in order to cover some urgent financial matters . Short term loans can have a deadline ranging from one week to one year, so depending on your company needs, you should be able to find proper financing. The benefits of accessing short term finance are that the interests can be much lower and you will be able to complete your financial tasks sooner.

There are many specialized institutions that offer mortgage finance and loans, so any business owner should call and see if his company qualifies for receiving a loan. However, even if you may not qualify for a mortgage, short term loans are much easier to obtain, so you should be able to get out of trouble soon enough. Even if you may have a poor credit history there are many specialized financial institutions that are willing to help businesses in need, so make sure you do your research carefully, because you will definitely be able to find professional help.

Those who are not sure if they should apply for short term finance can contact a financial specialist, who can analyze their situation carefully and offer them an assessment. Financial consultants are even available online. This is why those who do not know anyone who can help them, can rely on the fact that they will have plenty of options to choose from when they make a quick search online. Loans are not just for business owners who have urgent debts they need to pay, but also for those who encounter an excellent investment opportunity and need funding to put their plan into action. Short term loans have helped many people recover from serious situations or complete advantageous deals.

The best part about these loans is that they can be approved in a very short time, sometimes even 24 hours. Unlike major loans when you have to gather various documents and pass through a multitude of verifications, these loans are usually granted much faster. This is because they usually involve smaller amounts of money and, when you have a good general financial situation and you just need an impulse in your cash flow to complete a certain transaction, you have all the chances to obtain your loan fast and easy. There are many variables that come into play when you deal with financial situations, but if you choose an experienced financial adviser, you should be able to receive good advice and receive your load fast and easy. Short term loans are definitely something that business owners should not overlook because they can offer them great opportunities.

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Money Secrets Of The Amish by Lorilee Craker – Personal Finance Book Review – Bartering and Gifting

Challenging economic times inspire people universally to make wise financial decisions. Whether it's choosing to repair a vehicle instead of purchasing a new one, or investing in simple pleasures vs. opulent outings, such behaviors are proliferating. One culture that has always lived austere, yet meaningful lives is the Amish. Increasingly, people are intrigued by their lifestyle; and wonder what aspects of their living they could comfortably imitate.

Lorilee Craker is the author of the new book, "Money Secrets Of The Amish-Finding True Abundance in Simplicity, Sharing and Saving." She examines their lifestyle, which is extravagant in peace, family and community closeness. For them, thrift is a muscle that is exercised regularly.

Craker interviewed Amish folk in Michigan and Pennsylvania, including an Amish banker whose clientele is 95 percent Amish. During the Great Recession in 2008, his bank had its best year ever. Amish experts and Englishers' (Amish reference to anyone non-Amish), financial perspectives accentuate the book too. Here, two of their money-saving habits, bartering and rethinking gifts, are discussed.

Bartering. Bartering was a popular social behavior from the 1880s to the Great Depression. It's common again today. The Amish, who have a long history of living outside a cash economy, love to swap goods for goods, goods for services or services for services. In regards to bartering, ask yourself, "What are you good at and what could you negotiate for something of worth?"

Unfortunately, Americans can be too proud to barter, but it's popular in foreign countries. Barter, and you will:

  • Build relationships and community.
  • Engage on a deeper level when you must express your needs.
  • Think of your assets first before your needs.

If you're uncomfortable bartering, start with your friends and acquaintances; and seek bartering opportunities. Post what you need on social media sites.

Rethink Gift Giving . The Amish give one gift per child for birthdays and christmas. Gifts are often useful, need-based and hand-made, regardless of the recipient's age. The first step in rethinking gift giving is to scale back. Consider giving gifts that are either: a. experiential or charitable, or b. homegrown in some way.

Experiential gifts. Give the gift of a single experience, shared or not, of know-how, skill, and most importantly, memorable. Examples include sporting events tickets, museum memberships, or Horseback riding lessons. Experiential gifts can be expensive or cheap, as it's more about investing in the relationship.

  • Un-wrappable gifts. They can be fun, frugal, yet meaningful. Give coupons for services including babysitting, housecleaning or yard work.
  • Coupon-gifting. Consider giving the gift of time, allowing you to create memories, which are priceless. Coupon gifts are also something to anticipate using.
  • Make a donation in the recipient's name to an endeared charitable cause.

Homegrown. Examples include painted pottery, made candles, garden stones, and soap.

  • Cook, Can, Bake. "Somehow there's something about a kitchen gift that's infused with so much more than the cost of ingredients," says Craker.

Secondhand. Aim for 20 percent of your gifts to come from resale, consignment or thrift shops, suggests …

How to Make Money Selling On Amazon

You might be interested in learning how to make money selling on Amazon and earn commissions for your sincere efforts. There are many internet marketers who are earning good revenue due to the rising popularity of the internet and online shopping. Identifying how to make money selling on Amazon can lead to a flourishing internet business. Here, I will mention some supportive tips that can help you achieve this all together.

Identifying how to make money selling on Amazon is not as difficult as you think it. How to make money selling on Amazon involves some information, and understanding of what to carry out and when? Furthermore, it does need a certain skill set to effectively get a campaign up and running. For the beginners, you are required to decide on which platform you have to build a website. Keep in mind that Amazon will need to endorse your website at the time you submit an application for the affiliate program. In this situation, the best way is getting a functional website about the products you would like, together with some unique content. You will get approved at once, and then you will be able to sell your products utilizing Amazon links.

As I said earlier that making money selling on Amazon is not certainly that difficult, but it does necessitate you to apply some fundamental internet marketing principles and techniques. Some of these would incorporate keyword research, building basic websites, learning SEO techniques, website promotion, and many others. Fortunately, these things are something everyone can carry out.

Paid advertising may deliver results for you; However, they are expensive because they are removed as soon as your subscription ends. On the other hand, Amazon SEO provides you with the everlasting publicity. An Amazon SEO expert creates an outline on how you can perk up the visibility of your listing to boost the traffic flow to it and connect efficiently with your target market.

The booming internet marketers, the ones who distinguish how to make money selling on Amazon and with other affiliate networks have one thing in common ie Proper knowledge and Excellent training. As a part of well-planned strategy, keywords set your SEO drive and with the inclusion user-friendly, high-quality content specifically designed to increase your product visibility to targeted customers. Efficient search engine optimization steps are utilized by the Amazon SEO companies to provide your listing maximum exposure followed by better conversion rate, increased sales, and higher rankings.

Furthermore, an Amazon SEO Company can also help you more on how to make money selling on Amazon, along with efficient SEO techniques, Listing optimization, Website development, and many more.

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Mortgages – The Best Time to Finance

If you have already decided to purchase a home and you don't have the luxury of waiting for a market change, your lending rate will in large part depend on the market. If you have time to decide when to jump into the mortgage market, then research mortgage rate forecasts for the next year. If rates are expected to increase you may want to submit an application quickly, if rates are moving down you can wait.

Of course your credit rating will be another relatively fixed variable in your quest to get the best rate, if it's relatively low you will pay a higher rate. So if you have time before you need to borrow attempt some credit repair through one of the better known repair firms. It usually takes a few months for them to make a difference but the points they gain could save you significantly over the term of your loan.

It's common sense to shop around for the best mortgage rate and terms and negotiate with mortgage lenders until you are satisfied that you have been quoted the best available rate. So, you can go through whatever expedited process you want, you need to establish to best rate and terms before you zoom through to closing.

Mortgage companies may lock in your interest rate once you apply and are approved but if rates are too often changing they may not offer you an opportunity to lock the rate.

As an appraiser and I understand how important your valuation is. If you have problems with the appraisal the rest of the transaction can just fall apart. Address valuation issues before you bother with loan commitments, if the property you want to finance won't appraise as high as expected you may be wasting your time.

If you do get a commitment of any kind from a mortgage company make sure you get a copy of it, some mortgage companies have gone to on-screen signature documents that disappear once you have electronically signed them. The document you need may disappear when the mortgage lender no longer want to honor them at closing, it's happened to me, so you better have a "screen print" copy before your disappears into the ozone.

Historically mortgage rate have varied between 3.0% and 18.0% and at the moment, in early 2018, the 30-year fixed mortgage rate is near 4%. So we have current mortgage interest rates that are near the low-end of the mortgage interest rate range and if you wait no guarantee exists that they will remain low indefinitely.

If you take the time to make sure the home you want to borrow on will appraise near your expectations, that you are in the best credit position to borrow, you have shopped for the best available rate / terms and considered timing you will get a lot more for your money.

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Why Money Is Failing

Anything invented by man has a short life before it fades away, and money is no exception. Invented for trade and then the wealth of those who made it their their god they become so attached that it occupies their mind constantly. That means they have no room for listening to the Spirit voice within them, and they suffer the consequences. As their wealth grows many die horrible deaths from incurable diseases, suicide, or other.

The world's economic future is now dire as manipulation of currencies and such take specified. Wars are about money and power and we are rapidly coming to a major confrontation that will see the planet change as never before.

Already with climate change, scarcity of water, draught, famine, disease, and other things mounting pressure on countries and their economy the last thing it required was a war on trade. How will that play out in the light of the other problems the world faces?

The only place money is generated is from the environment. Whether its crops replacing forests, or animals targeted for food or pleasure, nothing about it is good for the planet. Mining minerals, oil, gas, and other things is depleting the air of oxygen while causing CO2 to dominate the atmosphere.

Overfishing of oceans and the inexcusable destruction of unwanted species is horrendous. The wastage of excesses is disgusting while the extinction of species of animals and plants the benefit of which is not yet understood is horrifying. Yet man continues on his destruction because he does not know and possibly cannot now live without money.

While its initial purpose was trade it has become so entrenched in our lives that we are asked to pay for just about everything we depend on to survive. That forces everyone to earn it or come by it in some other way. So how long can we survive with it?

The reality it that countries are already so corrupt that the governments are syphoning off the profits and people are starving. This is seen in several place as the rest of the world watches. In some regions so-called civil wars rage on as populations flee while seeking refuge and safety. As they go many of their numbers fall and die.

Money is the root of corruption and criminality and, like religion, it is so entrenched in the human psyche that nothing short of complete annihilation of the species will end it. That is rapidly coming to fruition as the planet struggles to survive, people die in their millions, but the birth rate overtakes the numbers of deaths by millions more. That is why money is failing as it's a death sentence humans have inflicted upon themselves.

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