Q&A: How much would I pay in utilities a month?

Question by Hello Nurse: How much would I pay in utilities a month?
I am planning on getting a house for rent with my girlfriend, however we don’t have a lot of income. What is an average utility cost per month for two people? We do not cook a lot, we like to save energy and keep the lights off, and we have a plug in heater, instead of using the central air. We are also not big water users.
We will not need cable, but we would need wi-fi.

Best answer:

Answer by Tom
electricity, gas, garbage, water and sewer shouldn’t be more than $ 150 per month. cable tv, internet etc. of course will add to those essentials.

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Question by JP: What if you could work from home for a real business and have fun doing it? Would You?
This is for all those who want to work from home making a residual income. What would your dream job be? (From home)

I am currently doing mine through my home business. Im not going to say what it is but if you want more info email me. I will let you know what it is and give you some info on it.
since people are so interested it is Monavie

Best answer:

Answer by I am because He is!
why not let us know what it is?

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Question by John Smith: How would you feel if you had THOUSANDS of half siblings?
I’m 19 years old and about one year ago, I dropped out of college to pursue a career in network marketing. Now I’m making a residual income of minimum $ 30,000 a month. I plan to travel across the United States and Europe and fornicate with as many women as possible and hopefully by the time I’m 40, I’ll have fathered at least 10,000 children. What would you think of me and all your half siblings?

Best answer:

Answer by doglover57
That is a HORRIBLE idea. it may seem cool now but imagine 10,000 children never having a good father and then growing up to learn that they have thousands of siblings. when you have a child you are supposed to love them and make sure they are cared for properly. these would be your biological children and you probably wouldnt even meet 9,000 of them. that is truely one of the stupidest ideas ive ever heard of

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Question by MthrNatures_Son: What would happen if all Americans sat at home and collected checks?
Imagine that the government owned businesses all over the world, including Casinos and Real Estate and other cash making ventures. What if the value of their investments and residual income was enough to pay all Americans a $ 50,000 a year check. Even foreigners were brought in to run our local stores and services. All Americans would have to do would be to consume.

What would happen.

P.S. I’m drawing this imaginary model after Native American Reservations with Casinos. A local casino near San Diego pays over $ 5000 a month to everyone on the Reservation over 18. I have a relative that married a Native and lives there. People don’t have to work. They can just spend their casino money, invest in Real Estate, or do whatever they choose.

Best answer:

Answer by Go with the flow
Greece?

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How would you invest 1 million dollars?

Question by Investing Bob: How would you invest 1 million dollars?
To get a nice income stream.

Best answer:

Answer by GMc
What’s a “nice income stream.” There are places to invest that have a high rate of return, but the risk is also high. It’s important to balance your portfolio so that you make a decent return without undo risk. It’s know as having a balanced portfolio. The cardinal rule is to never put more than 4% of your portfolio in any one stock. I prefer mutual funds which, by their nature, offer diversification.

Some mutual fund families, such as Vanguard, offer funds which, within themselves, are balanced. Do some reading. Do your homework.

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Question by wickedfast87gti: What would be something good to invest in if you only have 1k?
So I have recently read “rich dad, poor dad” and I have decided to be unlike all of my other 18 year old counterparts and try my hand at investing. I would like to try to get some residual income, but I only have around $ 1000 saved up. So what could I do with it?

Best answer:

Answer by kemperk
study a “unique” and old/new area.
New in that few people study it
and old in that it has been around
for 60 yrs; each state’s counties
have EITHER foreclosure sales
of properties whose owners have not
paid their property tax for 3 yrs.
In other states [like AZ] they have
instead, tax certificate sales.

These are risk free if you do your
home work and in each state
there are some properties whose
taxes are no more than $ 900 total
dollars with penalties included.

I can guide you for free [no
tapes/junk to buy]

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Question by unstr810d: What would make you click on a Make Money Online review video on YouTube?
Assuming you were looking for ways to make money online, of course.
So what would make you want to click?
Is it the title? The description? The picture?

What if the thumbnail had a picture of someone dressed like a pirate or something really stupid like that? Would that make you click?

If not, then what would?

Thanks for you feedback.

Best answer:

Answer by hikarihime9029
I wouldn’t click on those to begin with because I know that it is usually a scam or there is some type of hidden catch.

But I click on one once and all the title said was something like “Make money online” or something like that. I was interested to see what it was talking about so I clicked.

I don’t recall a picture or any fancy description, but the title got my curiosity and that was all it took.

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Question by Charlie B: What would be the best way to set up a real estate company?
I am a first time home buyer, but want to accumulate residential properties to rent out and create a residual income. Should I start a REIT, a LLC, or what?

Best answer:

Answer by Phil C
Regarding REIT, if you don’t have much experience, don’t look there. To simplify it, view it as the real estate equivalent of mutual funds.

So, if you are interested in real estate investing, an LLC would be better. Depending on the state, it cost $ 200 to $ 800 to maintain it every year and your tax return cost higher (CPA) to do. Keep that in mind. Read books on LLC to know the other details regarding the yearly paperwork involved (annual meetings of members and managers)
Also, for renting out, you should have at least 20% or more of equity, depending on the area where you buy. Don’t do negative cashflow, make sure you account for maintenance cost, vacancies, advertisement, …
Loans for investors have always a higher interest rate, except if you buy an REO home from the VA (Veteran affairs) which gives the same interest rate to investors as homeowners (currently I think around 6.5%). This low interest rate will surely help you for getting the positive cash flow. Remember, although you could buy such VA REO house with VA financing with only 5% down payment, you should put 20% down to make sure you cover the maintenance cost.

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Question by someguy: Would taxes be necessary if your local, state, or federal government were incuring yearly surpluses?
When total government revenues (taxes, investments, tolls, fees, etc.) are considered, taxes make up only one third of the income stream.

Best answer:

Answer by CarVolunteer
“When total government revenues (taxes, investments, tolls, fees, etc.) are considered, taxes make up only one third of the income stream.”

I don’t believe that. Which government are you talking about and what is the source for that statement?

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What would you do to reduce income inequality?

Question by Kronner 82: What would you do to reduce income inequality?
What kind of economic policies would you advocate to reduce the level of income inequality in the United States back down to the same level it was at before Ronald Reagan’s time?

ATTENTION: Please do not answer this question if you are fundamentally opposed to the idea of actively reducing inequality. Such answers will receive an automatic thumb down.
I am also referring to ideas to reduce class divisions in general, including classist attitudes.

Best answer:

Answer by Brand X
Raise the marginal tax rates on the wealth and get rid of the Alternative Minimum Tax (AMT). For the poor, have a negative tax rate.

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