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Updated about 1 year ago on . Most recent reply

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Ideas for Boosting Income in Challenging Circumstances

Posted

Hey everyone,

I'm facing a bit of a challenge and could really use some advice. I'm determined to increase my income so I can invest in multifamily real estate, but I'm hitting roadblocks due to various limitations.

First off, I'm the primary caregiver for my father, and his ongoing medical expenses are a significant financial responsibility. On top of that, I don't have a car, which limits my work options to roles that allow me to finish by 4 pm. To make matters more challenging, my area has a low wage standard, making it tough to find opportunities that pay more than $10 an hour. Currently, I'm only offered 27 hours of work per week at an average/below-average pay rate, which isn't nearly enough to save for a down payment or qualify for a loan.

I've tried selling belongings to generate extra income, but it's not sustainable in the long run. I'm wondering if anyone has any ideas for passive income or other income-generating opportunities that could work in my situation. I'm open to any suggestions or advice you might have.

Thanks in advance for your help!

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