Active Duty Passive Income Blog

Our military oriented real estate investing blog.

 

 

Veterans Make Millions from the VA Home Loan

Aug 28, 2017

Today I would like to focus on the VA Home Loan and how you can maximize this benefit to make yourself a multi-millionaire! This is a process I have done and know from experience that it works! I have outlined the process in detail below so that you may also become rich!

It is good to read a book like Larry Loftis book here to establish an understanding in residential real estate investing. This book has helped me tremendously.

Every Combat Veteran has the benefit of $417,000 (there is a slight fluctuation based on the where you live) in home buying power backed by the Government. The VA Home Loan allows you to purchase Real Estate with $0 out of pocket and negates the expense of mortgage insurance.

Now, I like to make as much money as possible with as little time and effort as possible and one way to do that is with other people’s money. In this case the governments. Now your job is to MAX OUT YOUR BENEFIT so that the total value of the VA Home Loan is working FOR you.

Some...

Continue Reading...

How I Built a $1.2M Portfolio While Active Duty With the Help of VA Loans

Aug 11, 2017

 

I proudly served 22 exciting years in the Air Force as a calibration technician and laboratory auditor. It provided some of the best experiences in my life. Still, halfway through my career, real estate became more attractive than my military education and training. I began to purchase homes as I moved through assignments and always enjoyed talking about real estate investments. While I loved my country and was proud of my military service, it was easy to see that I had a second agenda in real estate. The military and real estate investments have provided security for my family, and I hope this article will teach other veterans of the opportunities to provide additional security for their families.  

Growing Wealth Through VA Loans

After approximately 10 years in the Air Force, I bought my first home with a VA loan and became intrigued by the success and growth of the housing market. After a divorce, I needed financial help and began renting (house hacking) my...

Continue Reading...

The 3 Reasons to Own Rental Properties Within an LLC

Jun 25, 2017

If you want to be a military real estate investor, you need to protect yourself. Most people never think about investing within an Limited Liability Company (LLC). Years ago, I definitely thought it was not necessary. In my imagination, it was an incredibly difficult process that was something that only big companies had to do. This is simply not true. 

LLCs are a fairly new legal business entity created in Wyoming in 1977. The unique aspect of an LLC is that it provides a combination of liability protection and also acts as a “pass through entity” for tax purposes. It is the perfect entity for real estate investing.

LLCs have exploded in popularity since their beginning and are the new standard for Real Estate investing.

The three big reasons for owning a rental property within an LLC are: Tax Benefits, Privacy, and Liability Protection.

Tax Benefits:

This is one of the biggest reasons why Real Estate Investing is such an incredible wealth builder.

When properly...

Continue Reading...

Automobile University

Jun 11, 2017

Automobile University - The way I learn

The number one question is always, "where do you find the time?"

I have almost completely stopped listening to music in the car. I treat my commute every day as if it was a college course. Listening to the news or some other dramatic time-wasting content does not cut it anymore. I have become highly selective about how I spend that precious daily hour.

The funny thing is, I always thought that the only way for me to learn something is by taking notes. Something I realized about myself during flight school is that everyone can learn through repetition. For example, for a while it was difficult for me to understand all the details of owning a rental property within a Limited Liability Company (LLC). But after listening to several podcasts explaining why it is important, the concept and all of its supporting arguments began to sink in.

The following list of three podcasts are my "go-to" for real estate investing information.

  1. If you want to hit...
Continue Reading...

The 5 Reasons Why Real Estate is the Best Wealth-Builder for Members of the Military

May 22, 2017

Military Real Estate Investing – The 5 Reasons Why Real Estate is the Best Wealth-Builder for Members of the Military

 

Real Estate Investing in the United States is magic. Investors from other countries often disregard any additional resulting taxes and invest in our real estate market. It boggles their mind that our system is so profitable. If you or your parents were caught up in the 2008 crash, you are probably on edge about real estate and that is completely understandable. However, all it takes is arming yourself with knowledge of the system to be ready to capitalize on the next market crash instead of simply surviving or even drowning amidst all the hysteria.

There are FIVE specific aspects of real estate that show why it is a fantastic way to build wealth. Each aspect is reason enough to take the plunge, but when properly combined, the results cannot be overlooked.

  • Leverage
    • This term is thrown around so often, it has almost become a buzz word. The problem with...
Continue Reading...
1 2 3 4 5 6 7 8 9 10 11 12 13
Close

50% Complete

What's the best email for your FREE copy of the Military House Hacking eBook?