Blog | The Passive Income Boost Blog

Invelo: The Number One Inclusive Solution For Real Estate Investors

There are a lot of options out there for real estate investors but no software is truly all inclusive – until now. Invelo is the first true all-in-one platform to simplify and amplify your real estate investing business.

If you’re using software to run your real estate investing business you probably have subscriptions to a few different services to get everything you need. One of those is a CRM to manage contacts and sales, another provides marketing services and another probably allows you to search records and build lists of prospects. But what if you could get everything you need in one place and most importantly, pay one price? Meet Invelo.

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How to Generate Passive Income in the Crypto Space

crypto assets

Investing in crypto currencies is considered a risky business in a very volatile space but there are ways in which you can invest with low risk and reap handsome rewards. For most people they become aware of tokens such as BTC otherwise known as Bitcoin or Ethereum which is the second top ranked coin according to Coin Market Cap and other crypto exchanges. 

The troubling aspect of these coins is that they are the Kings and Queens of the crypto market and many people are confused by the price. If BTC for example is at $35K to $60K as recording the year of 2021, then most people think – “I can’t afford that” – and maybe they are right if they are trying to buy a whole coin.

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Monthly Cash Flow Statement of Real Estate portfolio

Monthly Cash Flow Statement of Real Estate portfolio

I have decided to reveal  a Cash Flow Statement for one of my investment property. I have randomly selected one of the duplexes from my real estate portfolio.  The idea  is to expose my total monthly income, total  monthly expenses, and total monthly cash flow of the specific duplex throughout the year. 

A duplex is  two-units residential multi-family home under the same roof - either next to each other sharing a common wall, or stacked on top of one another. Since it is considered to be a residential property, one can get a 30 years fix mortgage. This is HUGE!!! By the way, three-unit (sometimes referred as triplex) building and four-unit building (sometimes referred as fouplex, or quadplex/quadruplex) are all considered as Residential Multi-Family.

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Bluehost Affiliate Program: behind the scenes

Bluehost affiliate program

Bluehost affiliate program is a simple way for you to earn a commission and for the web hosting platform to gain new customers. The service awards affiliates who refer new customers by promoting the webhost’s products.

By partnering with an affiliate program from Bluehost, you can boost your passive income exponentially. It is one of the simplest ways you can earn a substantial commission – if a customer spends $3.95, you can make $65. Be aware that you will only get that amount each time a customer purchases 12 to 36 months of hosting using your unique affiliate link.

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Improve credit score fast the smart way using these 5 tools

how to Improve credit score

If you improve your credit score, you can get access to a range of profitable benefits. Even though you can survive with bad credit but it is far from easy or cheap for that matter. Understanding how the score is calculated will make the process of improving credit score faster and easier.
According to statistics, 42.5% of America’s youth who earn $49,999/year or less have a credit score of 639 or lower. Out of those, only 24% can improve their score to 680. To determine how to improve credit score fast, you need to understand the elements that make up credit score number.

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6 reasons why WPX Hosting can increase your income

Why WPX hosting

You may have heard ‘WPX Hosting’ thrown about among fellow bloggers or online retailers but do you know what the hype is about? It all has to do with your site visitor’s online experience and how fast they convert. Let me break it down for you. As the owner of a WordPress account, you know that a downed web hosting service can spell disaster for your passive income stream. Even though you can make residual income from home using your blog, those revenue streams will not take long to dry up if your target readers hit the back button in frustration. The web host serves as the foundation of a WordPress website and when issues crop up, owners may have to spend more money than they pay the host. Of course, no web hosting platform is perfect, but what sets a good one apart from an excellent service is how quickly they resolve issues.

This is where WPX Hosting stands out from the rest.

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6 Key Ratios For Property Investors

Key Financial Measures for property investors

Real estate investors use certain analytical tools to get the relevant facts and figures about a rental property. They must know the property’s cash flows, rates of return, and profitability so they can make intelligent investment decisions regarding the property.
Because of this, a good real estate analysis would include numerous rates of return that become very relevant for investors and brokers. They would learn all the formulas so they can learn how to interpret them and put them to good use.
So, this article will orient you with the important key ratios so you can learn what they mean. However, let us warn you that it is not easy for beginners to understand these formulas. We hope that all readers will be able to use them for their own real estate analysis.

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5 best entrepreneurship books to achieve financial independence (Part 3)

5 best motivational books to achieve financial independence (Part 2)

Streitwise review for Passive Real Estate Investors

Models of houses

Want to know how to make residual income from real estate? If you want to diversify your portfolio as a real estate investor, investing in REITs can be worth your while. In this Streitwise review, you will learn that Streitwise offers the non traded variety that can provide a source of steady and growing dividends. However, before going into details about the organization, you should understand how this investment option can benefit you.

​Streitwise review at glance

​4.3
  • ​Regulated and Secure
  • ​Non-traded REITs
  • ​Focused​ on cash flow and commercial real estate
  • ​Diversified portfolio of real  estate investments
  • ​Suitable for non-accredited and accredited investors
  • Has paid 10% annual dividends, net of fees​
  • ​Minimum initial investment as low as $1000
  • ​Only 3% upfront fee
  • ​Ongoing 2% management fee
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15 Best books to achieve financial independence (Part 1)

Best personal financial books to achieve financial independence

Have you had that feeling where you read something in a book and you just know that your life is going to change because of it? Every single book on this list gave me that feeling. Each book taught me what it takes to achieve financial independence and brought me closer to that goal. I have divided the books into 3 categories:

Each one has specific and special information on how to build your wealth quickly and efficiently on your way to financial freedom. Your financial independence is ONLY 15 17 books away! Let’s embark on your personal finance journey.

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The 10 Best Online Marketing Conferences

The 11 Best Online Marketing Conferences

The explosion of internet business and the ability to make money sitting at home in front of your computer has never been more within your reach. There are people who make their livings and even their fortunes by learning how to market their blogs, their products, and their services to the whole world. Now it’s your chance to learn from their successes and their mistakes.

Here are 11 of the best online marketing conferences that are scheduled for this year. They take place across the country and each has a different spin on online marketing. Read through the descriptions we offer and see which one – or ones! – would be right for you and growing your online presence.

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The 5 Best Real Estate Investment Conferences in 2018

real estate investment conference

There are a lot of real estate investment conferences out there that claim to teach you what you need to know in order to successfully earn a passive income through investing in real estate.  If you want to learn how to make money investing in real estate, there are two key things you should do on a regular basis: connect with experts in real estate investing and network with people who are looking to grow their real estate holdings just like you. You can learn so much from both of these groups and the best way to see both at the same time is to attend a conference or two each year.

We have looked through the list and pulled out the five best conferences for you to attend.

Mark your calendars now and get ready to hear great speakers, go to fun venues, and start your journey to earning good money!

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Affiliate Marketing the Easiest Way to Earn Passive Income

Passive Income through Affiliate marketing

In the past, we’ve covered the multiple ways people can earn passive income in their lives. In this post, we’re going to cover just one in particular: affiliate marketing.
About a year ago, I started on my own quest to create passive income streams in my life. The typical avenues like real estate investing or investing heavily into the stock market seemed out of reach for me, so I decided to start focusing my efforts on affiliate marketing.
While all my bills aren’t covered by passive income yet, I have gone from earning just a few dollars each month in passive income to now earning hundreds of dollars per month. That basically covers my groceries. The more I learn about effective affiliate marketing strategies, the more I will earn.

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How To Become a Great Affiliate Marketer

How to Become a Great Affiliate Marketer

Affiliate marketing has been around almost since the beginning of the internet, but understanding it and mastering it is still a challenge for a lot of affiliate marketers. What is it, how do you utilize affiliate programs, and can you really make money with affiliate products?
The first place to start is understanding exactly what affiliate marketing is. In short, it’s a system where an online retailer pays you, a blogger or website owner, a commission for any visitors and/or consumers that you drive to their website through referrals on your site.
Going a little more in depth, it works because each company that you have an affiliation with gives you a specifically-coded link that is unique only to you. When the company tracks sales, they can search by that code to see if any sales were generated through your special link. Then you get a designated fee or percentage of profit for everything sold through your link.

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How to Make Your Home Equity Work for You

How to Make Your Home Equity Work for You

If you own your home, you could be sitting on a gold mine. You’re probably thinking that that can’t be true. In this market? With our crazy economy? Yes and yes. And if you have a gold mine, why not use some of the gold in order to make even more? Here’s how you do it.

​What is Home Equity?

The first step in putting your home to work for you is understanding what home equity is. Home equity is the value of your home ownership that accrues as you begin to pay down your mortgage while the market value of your home goes up.

Here’s an example. Let’s say you bought your home several years ago for $100,000. You’ve been making your mortgage payments faithfully and now only owe $80,000 on your home. While you’ve been making those payments, the value of your home has increased to $110,000. In simple math terms, your home equity is the current market value minus what you have left to pay off the mortgage. In our example, the current market value is $110,000 and the remaining mortgage debt is $80,000, so my home equity is $30,000.

Simple, right? You can use one of these tools – or try several of them to compare – in order to get a good idea of what the current market value of your home is.

One of the top reasons that people choose not to invest in real estate is that they think they don’t have enough money to do it. Now that you have determined the amount of equity you have in your home, you can start to put it to work for you.

Your next step is to familiarize yourself with the ways that you can borrow against your own home so that you can determine which method is best for you.

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How the Cone of Learning Applies to Your Ability to Earn Money

cone of learning active vs passive

In 1946, Edgar Dale, an expert in audiovisual education, created his infamous “Cone of Experience,” a pyramid-shaped graphic that detailed the different ways that we receive information, visually illustrated as different levels on a cone-shaped diagram.
His theory was very similar to the Chinese proverb: the majority of the things we retain in our memory are a result of action that we take on them.

“What I hear, I forget; What I see, I remember; What I do, I understand.” - Chinese Proverb

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Years later, his theory was applied directly to learning, transforming it into the “Cone of Learning.” Other experts took it even further and assigned percentages on each level of the cone to give educators an even clearer idea on just how important taking action is when it comes to learning.

The “Cone of Learning” can have a lot of different applications. We want to show you just how much you can learn from it as you make the jump from just thinking about creating sources of income to actually making those dreams a reality. The best way for you to start growing your income, both online and the real world, is to start taking action immediately.

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Real Estate Crowdfunding – What You Need to Know

real estate crowdfunding platforms

Real estate crowdfunding is the combination of a crowdfunding – a newer investment market – with an investment as old as time, real estate.
A good example of crowdfunding is a site like Kickstarter. Several people across networks and social media channels invest into an idea with hopes of bringing it to market.
Real estate crowdfunding is basically the same thing but for property. Rather than investing into an idea or a company, several people are pulling their resources together to invest in a property.
Crowdfunding for real estate isn’t exactly a new concept, it’s just that up until now you needed to be considered an accredited investor in order to do this. More often than not, accredited investor status was usually reserved for the wealthy because they were the ones who met the requirements. Thanks to technology, real estate crowdfunding for non-accredited investors is now a reality.
Another example of real estate crowdfunding is when families or neighbors pool together to buy a property. Again, this isn’t a new concept. The only difference is that real estate crowdfunding has made it more accessible thanks to technology.

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How to self publish a book

self-publish a book

I never dreamed that I would be able to take what lived in my head, organize it so it made sense, transfer it on paper, and then find a way to share it with the world. I never dreamed I would actually self publish a book. On January 15th, 2016 this dream came true and my book-  The Grace and Kindness of Words: A Book of Words, Positive Affirmations, and Happy Thoughts. became available to anyone interested and willing to share a piece of my heart, on Amazon.com, as well as online through 3000 websites. My journey started with a goal in January 2015. I wanted to start writing again but the idea of publishing seemed like a far off impossible dream. How would I accomplish such a task? The first thing I told myself was that if I didn’t start writing again there would be no book to publish.

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