N9373M

True, but he makes a killing deducting the mileage from his taxes. You might have to have a "junky" truck as a second/paper vehicle.

cammie

There are different online sites who pays you for your articles. You can write articles relating to your flying experiences and add your own experience in a creative language. Be sure it should not be a copied article, written in rephrased manner. For each selected article, you will be paid by the concerned site.

[blah blah blah blah]

Scooter74

I obtained my mortgage broker license, the required course was about $500, and took 3 days (8hrs/day). The test was a bit tough, but I also had no background to draw from. By the time I was "all-in" I had invested about $1000-$1100. I made $1500 on my first loan alone.

It works out nice, as most all of the work can be completed remotely so I can work while sitting at an FBO.

MartinBishop

I assume it is state specific? How do you break in to that industry? Can you turn it on and off as needed... specifically can you only work it while at home?

Scooter74

Well, let me give this a shot....

Yes and no to state specific. There are something like 40 of 50 (57 for Obama) states that are under the "UST" test. That means one test covers them all, and you just need to state specific "differences" testing to get licensed in a different state. That said, the broker you work for (similar to realator, you need to work for and be sponsored by someone to get the actual Mortgage Loan Originator (MLO) license for the first 3 years.) would need a presence in the additional states.

I have been trying to keep things slow until I fully understand and can move quickly through the process. I only take on 1 to 2 loans at a time so that I dont overwhelm myself and lose the respect of the client (very much a word of mouth business). Most everything can be done remtely so you dont need to be at home to follow up, or send paperwork etc.

There is a continuing ed requirement; 8hrs/yr, though it can be done through online coursework. ($60 is what I paid ).

banana380

I'm assuming most regional contracts don't allow for flight instructing on days off?

Also, does anyone drive for Uber/Lyft for extra cash?

I will be taking about a 2/3 pay cut to fly at a regional for the first couple of years, would be nice to increase the cushion a bit.

MartinBishop

Yes, if you have a fuel efficient vehicle less than 8 years old that has 4 doors, it's the perfect way to make some side money. You can work whenever you want to, all times of the day, and simply shut it off when you want as well. Rates are different for each city though, some are better than others.

Walkeraviator

You are correct. You are limited in hours you can fly for compensation and the airline wants every single minute of it flown for them.

I do NOT endorse or condone this action, but I have known guys to instruct against their companies wishes. To prevent paper trail he would write up flight instruction on two separate invoices. 1 would appear to be an aircraft rental, and the other would appear to be ground instruction.

Yoda2

That tact wouldn't necessarily preclude a paper trail if someone became suspicious and did some poking around. One of the best [dumbest] ideas I've heard came from an FAA inspector years ago. An applicant scheduled an ATP Exam with this inspector. The inspector became suspicious after meeting the applicant and reviewing his logbook. The inspector took the logbook to a computer and started entering registration/N numbers. The inspector quickly discovered that a large majority of the aircraft the applicant claimed flight time in had crashed! It turned out, this applicant had taken a tour of an aircraft salvage/impound yard and copied down a bunch of N numbers somehow thinking this would be a safe bet... End of Exam, and then some...

Otterbox

That's almost as bad as the applicant who wrote down tail numbers he saw on the flightline at the airport... And included the examiners own aircraft...whoops.