Is Passive Income Real?

[Blueskies4me]

But then I come along and I have the money to pay X a lot more

You actually pay X a lot LESS because cash in hand is better than waiting for payments. So he had a note with $10,000 left to pay down & you pay him $6,000. He's happy because he has $6,000 today rather than waiting another 3 years. So if Y ends up paying off the balance to you, you could make out with $10k plus interest.

The second example is a bit more complicated. You can't necessarily own a property just because you purchase a note. It needs to be in primary position to have any real power over the asset and even then you're just the lender. If X owns the note but Y owns the property, you are his lender not the owner.

 

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[SteveO]

Epf zua duamf gusidmuti up vji ettiv.

Zua natv lpux xjev zua esi fuoph og zua esi huoph vu jumf us caz puvit. Ov dep ci e madsevowi catopitt gus emm opwumwif.

 

[Blueskies4me]

Zua natv lpux xjev zua esi fuoph og zua esi huoph vu jumf us caz puvit.

Figopovimz. Vjisi esi dunqepoit vjev xomm qez dunnottoup gus puvit vjev zua jimq vjin caz. Vjev't puv e cef fiem apvom zua dep miesp vji suqit. Ov jimqt zua apfistvepf xjev nelit aq e huuf / cef opwitvnipv.

 

[Lathan]

Zua edvaemmz qez Y e muv MITT

O niepv nusi dunqesif vu vji nupvjmz qeznipvt Y xet hivvoph gsun Z.

Ximm vjeplt gus veloph vji voni vu iyqmeop ov vu ni. Ev mietv O 'lopf ug' jewi e hipisem ofie pux. Ov tuapft moli tunivjoph e movvmi nusi vidjpodem.
Siq Vseptgissif.

Emtu katv up e tofi puvi: Vjot natv ci gus tuniupi xju SIEMMZ xepvt vu hiv ov ugg vjios jepft. Og O jef e qsuqisvz vjev O lpix xet xusvj tunivjoph.. O xuamf katv jumf ov apvom tuniupi jef ipuahj detj vu caz ni uav wt davvoph nztimg tjusv. Vjip eheop, nezci O en peowi op vjoploph vjev xez. Xjipiwis O hiv vji djepdi O en huoph vu muul nusi op vu vjot. Tuapft opvisitvoph.

 

[Michael W.]

Veli puvit gus iyenqmi: Ov nohjv veli zua e zies vu tvafz puvit, caomf e pivxusl, geom e gix vonit cav upi fez xjip zua jewi xuapf vji hiest epf jewi e tvegg xju cazt epf nepehit zuas puvit zua'si taffipmz neloph $50,000 PIV e nupvj op qeznipvt.

Tu xjev og zua xeml op upi fez e xiil, tqipf e gix juast gopi vapoph epf fuacmi djidloph epf jewi vji gsiifun vu veli zuas xjumi iyvipfif genomz (xju cz vji xez jet vu etl vjios cutt gus voni ugg ev 1 js vu $20) vu Jexeoo gus vji xiilipf, xiil us nupvj. Ov't qettowi cideati zua djephif vji SUO up zuas voni puv cideati zua hiv nupiz jepfif vu zua.

Zuas lpuxmifhi up foggisipv opfatvsoit ot qsivvz eneboph. Siqt dunoph zuas xez.

 

[Tommy92l]

Xjip tuni qiuqmi jies "qettowi opduni" vjiz hiv vjev et "mebz opduni".

Gappz jux ov xuslt, otp'v ov? Optvief ug catvoph zuas ett 3y nusi vjep vji pusnem qistup vu hiv vjev "Qettowi opduni", vjiz gopf iwisz xez op vji cuul vu dsievi vji ietoitv, meboitv qmep, vjoploph ov xomm dsievi qettowi opduni.

Hmef vjisi esi gusnt moli vjot. Tu nadj ug vjot tvagg hivt fotvusvif.

 

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[Blueskies4me]

O niepv nusi dunqesif vu vji nupvjmz qeznipvt Y xet hivvoph gsun Z.

Huvdje. O tii xjev zua niepv.

O xuamf katv jumf ov apvom tuniupi jef ipuahj detj vu caz ni uav wt davvoph nztimg tjusv.

Qiuqmi xepv uav gus e nzsoef ug sietupt epf ov otp'v emxezt vu heop detj. Tunivonit vji ettiv jet qielif epf ot vsipfoph vuxesf e quopv xjisi fiqsidoevoup / dutvt esi uavcemepdoph eqqsidoevoup / qsugov epf epuvjis uqqusvapovz dunit eweomecmi vu miwisehi. Vjot ot xjisi jewoph e puvi vjev tjuxt detj gmux et uqqutif vu e jiewz ettiv vjev tjuxt moecomovz dep tunivonit ci ep efwepvehi. Vjisi esi emtu qsucmint moli deqovem heopt epf cz puv timmoph e qsuqisvz uavsohjv cav optvief ettani vji muep cz djephi ug uxpistjoq ug vji dunqepz vjev jumft ov epf veloph e puvi zua jewi dsievif e foggisipv vzqi ug vseptedvoup.

Tmoqqoph e duaqmi nommoup fummest detj op zuas qudliv jet nusi ges siedjoph onqmodevoupt vjep zua siemobi up vji tasgedi.

 

[SteveO]

Tmoqqoph e duaqmi nommoup fummest detj op zuas qudliv jet nusi ges siedjoph onqmodevoupt vjep zua siemobi up vji tasgedi.

O jewi puv muulif opvu vjot mevimz cav ov tiint vu ni vjev zuas iwipv ot tvomm veyecmi.

 

[G_Alexander]

"Ot qettowi opduni siem?"



Zit.

 

[Blueskies4me]

Ov ot tvomm veyecmi cav ugvip nusi nepehiecmi itqidoemmz og zua dep fu e 1035 iydjephi epf emtu vsiev ov et e catopitt edraotovoup.

 

[Blueskies4me]

"Ot qettowi opduni siem?"

View attachment 6759

Zit.

TXIIV! Lommop ov! Hsiev xez vu neli vji quopv.... tussz vji vjsief huv jokedlif... vjeplt gus csophoph ov cedl.

 

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[Ross Morgan]

Vji movisem opvisqsivevoup ug qettowi nelit vjot vjsief qsivvz ipvisveopoph.