Dallas PUA
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passive income
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passive income
by zine » Sat Apr 19, 2008 8:46 pm
anyone have details on how to obtain it?
There are 2 ways you can get an amazing woman.
1.you can become an amazing manipulator
2 you can become an amazing man
If you are not escalating then you aren't doing anything.
3/1-12/8 AC=62 NC=9007 KC=17 MOC=2 D2C=6178 BC=2 BJC=4224 FC=4225
1.you can become an amazing manipulator
2 you can become an amazing man
If you are not escalating then you aren't doing anything.
3/1-12/8 AC=62 NC=9007 KC=17 MOC=2 D2C=6178 BC=2 BJC=4224 FC=4225
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zine - PUA
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by Skaldgrimnir » Sat Apr 19, 2008 8:58 pm
Passive incomes can usually be generated, but they take an initial investment or initial work.
Royalties from a book, from a song, from music, or from an invention/patent
Income streams from property owned and rented/leased.
Advertisements on web pages can provide passive income.
You could do investments, but that is usually called portfolio income, and I never recommend it for the short term.
Passive and Low maint. income is great if you can set it up, but a well rounded individual should probably start, before retirement, to develop an active income, a passive income, and a portfolio income.
Royalties from a book, from a song, from music, or from an invention/patent
Income streams from property owned and rented/leased.
Advertisements on web pages can provide passive income.
You could do investments, but that is usually called portfolio income, and I never recommend it for the short term.
Passive and Low maint. income is great if you can set it up, but a well rounded individual should probably start, before retirement, to develop an active income, a passive income, and a portfolio income.
The question isn't who is going to let me; it's who is going to stop me. - A. Rand
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Skaldgrimnir - rAFC
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- Location: DFW, TX
by zine » Sat Apr 19, 2008 9:18 pm
I'm mostly interested in the rentals kind, but have no idea of how to get any info on it.
There are 2 ways you can get an amazing woman.
1.you can become an amazing manipulator
2 you can become an amazing man
If you are not escalating then you aren't doing anything.
3/1-12/8 AC=62 NC=9007 KC=17 MOC=2 D2C=6178 BC=2 BJC=4224 FC=4225
1.you can become an amazing manipulator
2 you can become an amazing man
If you are not escalating then you aren't doing anything.
3/1-12/8 AC=62 NC=9007 KC=17 MOC=2 D2C=6178 BC=2 BJC=4224 FC=4225
-
zine - PUA
- Posts: 364
- Joined: Wed Dec 27, 2006 9:06 pm
- Location: Arlington, TX
by Skaldgrimnir » Sat Apr 19, 2008 9:31 pm
It is actually pretty easy, but you need to have something that people wish to rent or lease.
Do you have a house? You can rent/lease a room. Or the whole house.
You can always see if you can sublet a place you are leasing, though a lot of lease agreements expressly forbid that these days.
Land? You can rent/lease storage.
You can also rent out vehicles/equipment/etc, but this can be less passive if there are faster turnarounds. More passive if you lease for 3-6 months, etc.
Once you figure out what you want to rent/lease out, then I suggest you speak with a lawyer to limit any liability you might have doing so. For example, renting out storage space, you will need clauses to limit liability for theft.
Do you have a house? You can rent/lease a room. Or the whole house.
You can always see if you can sublet a place you are leasing, though a lot of lease agreements expressly forbid that these days.
Land? You can rent/lease storage.
You can also rent out vehicles/equipment/etc, but this can be less passive if there are faster turnarounds. More passive if you lease for 3-6 months, etc.
Once you figure out what you want to rent/lease out, then I suggest you speak with a lawyer to limit any liability you might have doing so. For example, renting out storage space, you will need clauses to limit liability for theft.
The question isn't who is going to let me; it's who is going to stop me. - A. Rand
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Skaldgrimnir - rAFC
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- Joined: Sun Aug 26, 2007 7:39 pm
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by Skaldgrimnir » Sat Apr 19, 2008 10:01 pm
Sound advice.
Also, if you are not interested in getting a real estate sales license (As you may only want to buy, then rent/lease) another, usually less expensive option is that of real estate appraisal.
You'll take a lot of the same classes, and learn a lot of the same info, but it will be less focused on sales info.
Also, you may want to check into forming partnerships with people for investment, and then dividends of rental properties.
Also, if you are serious about looking at rental of properties, I'd check with your local county. Often there are tax sales for properties that were unable to pay property tax. You bid on the property, you pay the back taxes, and after 60 or so days, if the original owner does not pay the taxes, you can own the property. Again, something to look into, though you'll want to speak with experts as some of my facts may be old or outdated.
Also, if you are not interested in getting a real estate sales license (As you may only want to buy, then rent/lease) another, usually less expensive option is that of real estate appraisal.
You'll take a lot of the same classes, and learn a lot of the same info, but it will be less focused on sales info.
Also, you may want to check into forming partnerships with people for investment, and then dividends of rental properties.
Also, if you are serious about looking at rental of properties, I'd check with your local county. Often there are tax sales for properties that were unable to pay property tax. You bid on the property, you pay the back taxes, and after 60 or so days, if the original owner does not pay the taxes, you can own the property. Again, something to look into, though you'll want to speak with experts as some of my facts may be old or outdated.
The question isn't who is going to let me; it's who is going to stop me. - A. Rand
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Skaldgrimnir - rAFC
- Posts: 44
- Joined: Sun Aug 26, 2007 7:39 pm
- Location: DFW, TX
by El Fenix » Sun Apr 20, 2008 9:26 am
#1 education
Prepare to invest, befroe you do. This is the stage I'm at.
Talk to Playercool, as he does stuff like this currently.
Prepare to invest, befroe you do. This is the stage I'm at.
Talk to Playercool, as he does stuff like this currently.
"Ask what makes you come alive and do it, because what the world needs is people who have come alive."
"Our doubts are traitors, and make us lose the good we oft might win, by fearing to attempt."
"No one gives it to you, you have to take it."
"Our doubts are traitors, and make us lose the good we oft might win, by fearing to attempt."
"No one gives it to you, you have to take it."
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El Fenix - PUA
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by Bull Run » Sun Apr 20, 2008 2:46 pm
Yeah, Playercool does this for a living.
As do I. I purchase apartment complexes for a real estate investment company ($40mm deals). I also do it on my own with some partners...much smaller deals than $40mm, much smaller.
You should ask the people that are in the know. That's the best way to learn.
As do I. I purchase apartment complexes for a real estate investment company ($40mm deals). I also do it on my own with some partners...much smaller deals than $40mm, much smaller.
You should ask the people that are in the know. That's the best way to learn.
The difference is indifference.
- Bull Run
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