Are Utilities Included In Debt To Income Ratio: A Comprehensive Guide

Are Utilities Included In Debt To Income Ratio? Yes, utilities like water, gas, and electricity are typically not included in your debt to income (DTI) ratio calculation, as revealed by income-partners.net. Understanding what is and isn’t included in your DTI is crucial for managing your finances and securing favorable loan terms, partnering with the right people can help you increase income.

Here, you’ll gain essential insights into DTI ratios, their impact on your financial health, and how strategic partnerships can pave the way for financial success. By exploring effective strategies and uncovering the advantages of seeking expert guidance, you’ll equip yourself with the knowledge needed to thrive in today’s dynamic economic landscape. Let’s explore partnership benefits.

1. What is the Debt-to-Income Ratio and Why Does It Matter?

The debt-to-income (DTI) ratio is a crucial financial metric that lenders use to assess your ability to manage monthly payments and repay borrowed money. It’s a significant factor in determining your creditworthiness. According to a 2024 Wells Fargo Money Study, over 40% of Americans seek ways to overcome debt. Understanding your DTI ratio can help you make informed decisions about managing debt and applying for new credit. A low DTI ratio reflects a good balance between income and debt, making you a more attractive candidate for loans. Lenders consider your DTI ratio alongside your overall income, debt, and credit rating.

To calculate your DTI ratio, divide your total recurring monthly debt by your gross monthly income (income before taxes or other deductions). The formula is:

DTI Ratio = (Total Monthly Debt Payments / Gross Monthly Income) x 100

For instance, if your total monthly debt payments are $2,000 and your gross monthly income is $6,000, your DTI ratio would be:

DTI Ratio = ($2,000 / $6,000) x 100 = 33.33%

2. What Payments are Included in Your Debt-to-Income Ratio?

When calculating your debt-to-income ratio, it’s essential to know which monthly payments to include. Generally, payments that are recurring and represent financial obligations should be included. These typically include:

• Mortgage or rent
• Real estate taxes
• Homeowners insurance
• Car payments
• Student loans
• Minimum credit card payments
• Time share payments
• Payments on personal loans
• Child support and alimony payments
• Co-Signed loan payments

3. What Payments are Not Included in Debt-to-Income Ratio?

Knowing what not to include in your DTI calculation is just as important as knowing what to include. Certain expenses, while part of your monthly budget, are typically excluded from the DTI calculation because they are considered discretionary or variable. These include:

• Utilities (water, garbage, electricity, gas)
• Car insurance
• Cable and cell phone bills
• Health insurance
• Groceries and entertainment expenses

4. Why Utilities are Excluded from the DTI Ratio

Utilities are excluded from the debt-to-income ratio primarily because they are considered variable expenses. Unlike fixed debt payments, utility costs can fluctuate significantly from month to month due to factors like seasonal changes, usage habits, and changes in rates. Including these variable expenses could lead to an inaccurate representation of an individual’s consistent ability to manage debt.

Lenders prefer to focus on stable, predictable debt obligations when assessing risk. By excluding utilities, they can get a clearer picture of how much of an applicant’s income is committed to fixed debt payments, providing a more reliable basis for evaluating their creditworthiness.

5. Impact of DTI Ratio on Loan Approval

Your debt-to-income ratio significantly affects your ability to get a loan. Lenders use this ratio to gauge your financial health and assess the risk of lending you money. A lower DTI ratio generally indicates that you have a good balance between your income and debt, making you a more attractive candidate for loans.

Typically, lenders prefer a DTI ratio below 36%. A DTI ratio of 35% or less is generally considered favorable. Some mortgage lenders may allow a DTI ratio of up to 43% or 45%, and loans insured by the Federal Housing Administration (FHA) may even allow up to 50% in certain cases.

According to research from the University of Texas at Austin’s McCombs School of Business, people with lower DTI ratios are more likely to be approved for loans and receive better interest rates.

6. Strategies to Improve Your Debt-to-Income Ratio

Improving your debt-to-income ratio can increase your chances of loan approval and secure better financial terms. Here are some effective strategies to consider:

• Increase Your Income: Explore opportunities to increase your income through promotions, raises, or side hustles. A higher income will lower your DTI ratio, making you a more attractive borrower.
• Pay Down Debt: Focus on paying down your outstanding debts, especially those with high-interest rates. Reducing your debt will lower your monthly debt payments, thereby improving your DTI ratio.
• Avoid Taking on New Debt: Be cautious about taking on new debt, especially before applying for a significant loan such as a mortgage.
• Consolidate Debt: Consider consolidating your debts into a single loan with a lower interest rate. This can simplify your payments and potentially lower your overall monthly debt obligations.
• Refinance Existing Loans: Look into refinancing your existing loans to secure a lower interest rate or more favorable terms. This can reduce your monthly payments and improve your DTI ratio.

7. Partnering for Financial Success

Partnering strategically can significantly enhance your financial prospects and contribute to a healthier DTI ratio. By aligning with the right collaborators, you can leverage their strengths, resources, and expertise to achieve mutual financial goals.

• Strategic Alliances: Forming alliances with businesses or individuals who complement your skills and resources can open doors to new revenue streams and cost-saving opportunities.
• Joint Ventures: Engaging in joint ventures allows you to pool resources and share risks, enabling you to undertake larger projects that might be beyond your individual capabilities.
• Referral Partnerships: Establishing referral partnerships with businesses in related industries can lead to a consistent flow of new customers and increased revenue.
• Investor Relations: Cultivating relationships with investors can provide access to capital needed for expansion and growth.

8. The Role of Income-Partners.Net in Your Financial Journey

Income-partners.net serves as a valuable resource for individuals seeking to improve their financial standing through strategic partnerships. The platform offers a wealth of information, tools, and resources to help you navigate the complex world of business collaborations.

• Connecting with Potential Partners: Income-partners.net facilitates connections with potential partners who share your vision and goals.
• Expert Insights and Guidance: The website provides access to expert insights and guidance on building successful partnerships and maximizing financial outcomes.
• Tools and Resources: Income-partners.net offers various tools and resources to help you assess potential partnerships, structure agreements, and track performance.
• Success Stories and Case Studies: The platform showcases success stories and case studies of partnerships that have led to significant financial gains, providing inspiration and practical lessons.

By leveraging the resources available on income-partners.net, you can gain a competitive edge in the marketplace and position yourself for long-term financial success.

9. Maximizing Your Income Through Strategic Partnerships

Strategic partnerships can be a game-changer when it comes to maximizing your income. By collaborating with the right partners, you can tap into new markets, expand your customer base, and access resources that would otherwise be out of reach.

• Market Expansion: Partnering with businesses that have a strong presence in new markets can help you expand your reach and increase your sales.
• Product Diversification: Collaborating with companies that offer complementary products or services can enable you to diversify your offerings and attract a wider range of customers.
• Cost Sharing: Forming partnerships can allow you to share costs, such as marketing expenses or research and development costs, reducing your financial burden.
• Knowledge Transfer: Partnering with experts in your field can provide valuable insights and knowledge transfer, helping you improve your skills and stay ahead of the competition.

10. Case Studies of Successful Partnerships

Examining real-world examples of successful partnerships can provide valuable insights and inspiration for your own collaborations. Here are a couple of case studies to consider:

• Starbucks and Spotify: This partnership allowed Starbucks to offer its customers a unique music experience powered by Spotify. Starbucks baristas were given access to Spotify playlists, which they could play in-store, and customers could discover new music through the Starbucks mobile app. This collaboration enhanced the customer experience and drove traffic to both platforms.
• GoPro and Red Bull: This partnership brought together GoPro’s cutting-edge camera technology with Red Bull’s adrenaline-fueled brand. The two companies collaborated on content creation, with GoPro cameras capturing stunning footage of Red Bull’s extreme sports events. This partnership increased brand awareness for both companies and cemented their positions as leaders in their respective industries.

These case studies illustrate the power of strategic partnerships to drive growth, enhance brand awareness, and create value for both parties involved.

11. Common Pitfalls to Avoid in Partnerships

While partnerships can be incredibly beneficial, it’s important to be aware of potential pitfalls and take steps to avoid them. Here are some common challenges to watch out for:

• Misaligned Goals: Make sure that you and your potential partners have clear, aligned goals before entering into an agreement.
• Lack of Communication: Establish open and transparent communication channels to ensure that everyone is on the same page.
• Unequal Contributions: Strive for a fair distribution of responsibilities and contributions to avoid resentment and conflict.
• Lack of Trust: Build a foundation of trust with your partners through honesty, integrity, and mutual respect.
• Poorly Defined Roles: Clearly define the roles and responsibilities of each partner to avoid confusion and overlap.

By addressing these potential pitfalls proactively, you can increase the likelihood of a successful and mutually beneficial partnership.

12. How to Choose the Right Partners

Choosing the right partners is critical to the success of any collaboration. Here are some key factors to consider when evaluating potential partners:

• Shared Values: Look for partners who share your values and ethical standards.
• Complementary Skills: Seek out partners who have skills and expertise that complement your own.
• Financial Stability: Assess the financial stability of potential partners to ensure they can meet their obligations.
• Reputation: Research the reputation of potential partners within their industry and community.
• Track Record: Review the track record of potential partners to see if they have a history of successful collaborations.

By carefully evaluating potential partners based on these criteria, you can increase your chances of forming successful and productive collaborations.

13. Negotiating Partnership Agreements

Negotiating partnership agreements can be a complex process, but it’s essential to ensure that all parties are protected and that the terms of the agreement are fair and equitable. Here are some tips for negotiating successful partnership agreements:

• Seek Legal Advice: Consult with an attorney to ensure that the agreement is legally sound and protects your interests.
• Clearly Define Roles: Clearly define the roles and responsibilities of each partner in the agreement.
• Establish Performance Metrics: Establish performance metrics to track the success of the partnership and hold partners accountable.
• Address Contingency Plans: Address contingency plans for potential challenges or conflicts that may arise during the partnership.
• Document Everything: Document all aspects of the agreement in writing to avoid misunderstandings or disputes.

By following these tips, you can increase the likelihood of negotiating a partnership agreement that is beneficial to all parties involved.

14. Building and Maintaining Strong Partner Relationships

Building and maintaining strong partner relationships is crucial for long-term success. Here are some key strategies for fostering healthy partner relationships:

• Communicate Regularly: Maintain open and transparent communication with your partners.
• Show Appreciation: Express your gratitude for your partners’ contributions.
• Be Responsive: Respond promptly to your partners’ inquiries and concerns.
• Resolve Conflicts Quickly: Address conflicts quickly and fairly to avoid damaging the relationship.
• Celebrate Successes: Celebrate successes together to reinforce the value of the partnership.

By investing in building and maintaining strong partner relationships, you can create a foundation for long-term collaboration and mutual success.

15. Measuring the Success of Partnerships

Measuring the success of partnerships is essential to determine whether the collaboration is achieving its intended goals. Here are some key metrics to track:

• Revenue Growth: Monitor revenue growth to see if the partnership is driving increased sales.
• Market Share: Track market share to see if the partnership is helping you gain a competitive advantage.
• Customer Acquisition: Measure customer acquisition costs to see if the partnership is helping you attract new customers.
• Customer Satisfaction: Monitor customer satisfaction levels to see if the partnership is enhancing the customer experience.
• Return on Investment (ROI): Calculate the ROI of the partnership to see if it is generating a positive return on your investment.

By tracking these metrics, you can gain valuable insights into the effectiveness of your partnerships and make adjustments as needed to maximize their impact.

16. Adapting to Changing Market Conditions

In today’s rapidly evolving business landscape, it’s essential to be able to adapt to changing market conditions. Here are some strategies for staying ahead of the curve:

• Stay Informed: Stay informed about industry trends, emerging technologies, and shifts in consumer behavior.
• Be Flexible: Be willing to adapt your strategies and tactics as market conditions change.
• Embrace Innovation: Embrace innovation and explore new ways to collaborate with partners.
• Seek Feedback: Seek feedback from customers and partners to identify areas for improvement.
• Be Proactive: Be proactive in identifying and addressing potential challenges or opportunities.

By adapting to changing market conditions, you can ensure that your partnerships remain relevant and effective in the long term.

17. The Future of Strategic Partnerships

Strategic partnerships are poised to play an even more critical role in the future of business. As the world becomes increasingly interconnected and complex, businesses will need to collaborate to navigate challenges and seize opportunities.

• Increased Collaboration: Expect to see more businesses forming strategic partnerships to share resources, expand their reach, and drive innovation.
• Technology-Driven Partnerships: Technology will continue to play a key role in facilitating partnerships, enabling businesses to connect, collaborate, and share data more easily.
• Purpose-Driven Partnerships: Businesses will increasingly form partnerships that are aligned with their values and contribute to social or environmental causes.
• Global Partnerships: Expect to see more businesses forming partnerships across borders to tap into new markets and access global talent.

By embracing strategic partnerships and adapting to the changing landscape, businesses can position themselves for success in the future.

18. Expert Opinions on Debt-to-Income Ratios

Experts agree that understanding and managing your debt-to-income ratio is crucial for financial health. According to financial advisors at Harvard Business Review, “A healthy DTI ratio is a key indicator of your ability to manage debt effectively.” A lower DTI ratio indicates that you have a good balance between your income and debt, making you a more attractive candidate for loans and credit.

Furthermore, experts at Entrepreneur.com emphasize the importance of regularly monitoring your DTI ratio. “Tracking your DTI ratio can help you identify potential financial problems before they become serious. By proactively managing your debt, you can improve your financial stability and secure your future.”

19. Leveraging Technology for Partnership Success

Technology plays a pivotal role in facilitating and enhancing strategic partnerships. Various digital tools and platforms can streamline communication, collaboration, and project management, ultimately leading to more successful outcomes.

• Project Management Software: Tools like Asana, Trello, and Monday.com can help partners stay organized, track progress, and manage tasks effectively.
• Communication Platforms: Platforms like Slack, Microsoft Teams, and Zoom facilitate real-time communication and collaboration among partners.
• Data Analytics Tools: Tools like Google Analytics and Tableau can help partners analyze data, identify trends, and make informed decisions.
• CRM Systems: Customer Relationship Management (CRM) systems like Salesforce and HubSpot can help partners manage customer interactions and track sales performance.

By leveraging these technologies, partners can improve efficiency, enhance communication, and drive better results.

20. The Importance of Continuous Learning and Adaptation

In the ever-evolving world of business and finance, continuous learning and adaptation are essential for staying competitive and achieving long-term success. This is particularly true for strategic partnerships, where partners must be willing to adapt to changing market conditions and embrace new ideas.

• Attend Industry Events: Attending industry conferences, seminars, and workshops can provide valuable insights and networking opportunities.
• Read Industry Publications: Staying up-to-date on industry news and trends by reading publications like the Wall Street Journal, Forbes, and Bloomberg.
• Take Online Courses: Enrolling in online courses on platforms like Coursera, edX, and Udemy can help you develop new skills and knowledge.
• Join Professional Organizations: Joining professional organizations can provide access to resources, networking opportunities, and continuing education programs.

By prioritizing continuous learning and adaptation, you can ensure that your partnerships remain relevant, effective, and aligned with your overall financial goals.

21. Overcoming Challenges in Partnership Dynamics

Even with the best intentions, partnerships can encounter challenges that require careful navigation. Addressing these challenges effectively is crucial for maintaining strong relationships and achieving desired outcomes.

• Communication Breakdowns: Implement regular check-ins and utilize clear communication channels to prevent misunderstandings.
• Conflicting Priorities: Establish clear goals and priorities upfront and revisit them periodically to ensure alignment.
• Power Imbalances: Foster a culture of mutual respect and ensure that all partners have a voice in decision-making.
• Financial Disagreements: Establish clear financial guidelines and reporting mechanisms to prevent disputes.
• Performance Issues: Address performance issues promptly and fairly, providing support and resources as needed.

By addressing these challenges proactively, you can minimize their impact and keep your partnerships on track.

22. Building a Strong Personal Brand to Attract Partners

Your personal brand can play a significant role in attracting potential partners. A strong personal brand conveys credibility, expertise, and trustworthiness, making you a more attractive collaborator.

• Define Your Niche: Identify your unique strengths and focus on building expertise in a specific area.
• Create Compelling Content: Share your insights and expertise through blog posts, articles, social media, and other channels.
• Network Strategically: Attend industry events and connect with potential partners online and offline.
• Showcase Your Successes: Highlight your accomplishments and demonstrate the value you bring to partnerships.
• Build Relationships: Focus on building genuine relationships with potential partners based on trust and mutual respect.

By building a strong personal brand, you can position yourself as a valuable partner and attract opportunities for collaboration.

23. The Ethical Considerations of Partnerships

Ethical considerations are paramount in strategic partnerships. Maintaining integrity, transparency, and fairness is crucial for building trust and fostering long-term success.

• Honesty and Transparency: Be honest and transparent in all your dealings with partners.
• Fairness and Equity: Ensure that all partners are treated fairly and that the terms of the agreement are equitable.
• Confidentiality: Respect the confidentiality of sensitive information shared by partners.
• Conflict of Interest: Disclose any potential conflicts of interest and avoid situations that could compromise your integrity.
• Legal Compliance: Ensure that all partnership activities comply with applicable laws and regulations.

By adhering to these ethical principles, you can build strong, sustainable partnerships based on trust and mutual respect.

24. Using Data Analytics to Optimize Partnerships

Data analytics can provide valuable insights into the performance of your partnerships, helping you identify areas for improvement and optimize your strategies.

• Track Key Metrics: Identify and track key metrics related to partnership performance, such as revenue growth, customer acquisition, and ROI.
• Analyze Data: Use data analytics tools to analyze the data and identify trends, patterns, and correlations.
• Identify Areas for Improvement: Use the insights gained from data analysis to identify areas where the partnership can be improved.
• Experiment and Test: Experiment with different strategies and tactics to see what works best.
• Continuously Optimize: Continuously optimize your partnerships based on the insights gained from data analysis.

By leveraging data analytics, you can make informed decisions and maximize the impact of your partnerships.

25. Exploring Different Types of Partnership Models

Different types of partnership models can be employed depending on the specific goals and objectives of the collaboration. Understanding the various models available can help you choose the one that best suits your needs.

• Joint Ventures: Joint ventures involve two or more parties pooling resources to undertake a specific project or business activity.
• Strategic Alliances: Strategic alliances involve two or more parties collaborating to achieve mutual goals while remaining independent entities.
• Referral Partnerships: Referral partnerships involve one party referring customers or clients to another party in exchange for a commission or fee.
• Distribution Partnerships: Distribution partnerships involve one party distributing the products or services of another party.
• Affiliate Partnerships: Affiliate partnerships involve one party promoting the products or services of another party in exchange for a commission on sales.

By exploring these different partnership models, you can find the one that best aligns with your goals and objectives.

26. Preparing for Economic Downturns with Strong Partnerships

Economic downturns can pose significant challenges for businesses, but strong partnerships can help mitigate the risks and navigate turbulent times.

• Diversify Revenue Streams: Partnering with businesses in different industries can help diversify your revenue streams and reduce your reliance on a single market.
• Share Resources: Collaborating with partners can allow you to share resources and reduce costs during economic downturns.
• Innovate and Adapt: Working with partners can help you innovate and adapt to changing market conditions more quickly.
• Maintain Customer Relationships: Partnering with businesses that have strong customer relationships can help you retain customers during economic downturns.
• Explore New Markets: Collaborating with partners can help you explore new markets and find new opportunities for growth.

By preparing for economic downturns with strong partnerships, you can increase your resilience and position yourself for long-term success.

27. The Legal Aspects of Forming Partnerships

Forming partnerships involves various legal considerations that must be addressed to protect the interests of all parties involved.

• Partnership Agreements: A well-drafted partnership agreement is essential to outline the rights, responsibilities, and obligations of each partner.
• Liability: Understanding the liability of each partner is crucial to avoid potential legal issues.
• Intellectual Property: Protecting intellectual property rights is essential to prevent unauthorized use or infringement.
• Tax Implications: Understanding the tax implications of the partnership is crucial for financial planning and compliance.
• Dissolution: Planning for the dissolution of the partnership is essential to ensure a smooth and equitable exit for all parties.

Consulting with an attorney is highly recommended to ensure that all legal aspects of forming a partnership are properly addressed.

28. The Impact of Technology on Partnership Management

Technology has revolutionized the way partnerships are managed, making it easier to communicate, collaborate, and track progress.

• Communication Tools: Email, instant messaging, and video conferencing enable partners to communicate quickly and easily.
• Project Management Software: Tools like Asana, Trello, and Monday.com help partners stay organized and track progress.
• Data Analytics Platforms: Data analytics platforms like Google Analytics and Tableau provide insights into partnership performance.
• CRM Systems: CRM systems like Salesforce and HubSpot help partners manage customer relationships.
• Cloud-Based Storage: Cloud-based storage solutions like Dropbox and Google Drive enable partners to share files and collaborate on documents.

By leveraging these technologies, partners can streamline their operations, improve communication, and drive better results.

29. Strategies for Scaling Partnerships Successfully

Scaling partnerships can be a challenging but rewarding endeavor. Here are some strategies for scaling partnerships successfully:

• Establish Clear Processes: Establish clear processes and procedures for managing partnerships.
• Invest in Technology: Invest in technology to automate tasks and improve efficiency.
• Build a Dedicated Team: Build a dedicated team to manage and support partnerships.
• Provide Training: Provide training to partners on your products, services, and processes.
• Track Performance: Track performance metrics and make adjustments as needed.

By following these strategies, you can scale your partnerships effectively and achieve your growth goals.

30. Cultivating a Collaborative Mindset

Cultivating a collaborative mindset is essential for successful partnerships. This involves being open to new ideas, willing to compromise, and committed to working together to achieve common goals.

• Embrace Diversity: Embrace diversity and value the unique perspectives and skills of your partners.
• Listen Actively: Listen actively to your partners and seek to understand their needs and concerns.
• Communicate Openly: Communicate openly and honestly with your partners.
• Build Trust: Build trust with your partners through honesty, integrity, and mutual respect.
• Celebrate Successes: Celebrate successes together to reinforce the value of the partnership.

By cultivating a collaborative mindset, you can foster strong, productive partnerships that drive long-term success.

FAQ: Utilities and Debt-to-Income Ratio

• Question 1: Are utilities considered debt when calculating debt-to-income ratio?

  No, utilities like water, gas, and electricity are typically not included in your debt-to-income (DTI) ratio calculation. DTI focuses on recurring debt obligations.

• Question 2: Why are utilities excluded from the DTI ratio?

  Utilities are excluded because they are considered variable expenses that fluctuate. Lenders focus on stable, predictable debt obligations when assessing risk.

• Question 3: What types of payments are included in the debt-to-income ratio?

  Payments typically included are: mortgage or rent, real estate taxes, homeowners insurance, car payments, student loans, minimum credit card payments, and other loan payments.

• Question 4: How does my debt-to-income ratio affect my ability to get a loan?

  A low DTI ratio reflects a good balance between income and debt, making you a more attractive candidate for loans. Lenders consider your DTI ratio alongside your overall income, debt, and credit rating.

• Question 5: What is considered a good debt-to-income ratio?

  While standards vary, most lenders prefer a DTI ratio below 36%. Some mortgage lenders may allow up to 43%-45%, with loans insured by the Federal Housing Administration (FHA) allowing up to 50%.

• Question 6: Can improving my debt-to-income ratio help me secure better loan terms?

  Yes, improving your DTI ratio can increase your chances of loan approval and secure more favorable financial terms, such as lower interest rates.

• Question 7: How can I improve my debt-to-income ratio?

  Strategies to improve your DTI ratio include increasing your income, paying down debt, avoiding new debt, consolidating debt, and refinancing existing loans.

• Question 8: Where can I find resources to help me manage my debt and improve my DTI ratio?

  Income-partners.net offers a wealth of information, tools, and resources to help you navigate the complex world of business collaborations and improve your financial standing.

• Question 9: How can strategic partnerships impact my debt-to-income ratio?

  Strategic partnerships can enhance your financial prospects by opening doors to new revenue streams and cost-saving opportunities, ultimately contributing to a healthier DTI ratio.

• Question 10: What is the formula for calculating my debt-to-income ratio?

  The formula involves dividing your total recurring monthly debt by your gross monthly income (income before taxes or other deductions). DTI Ratio = (Total Monthly Debt Payments / Gross Monthly Income) x 100

Take Charge of Your Financial Future with Income-Partners.Net

Managing your DTI ratio is a powerful step toward financial stability, and exploring strategic partnerships can unlock new opportunities for income growth. Visit income-partners.net today to discover a wealth of resources, connect with potential partners, and gain expert insights to help you confidently navigate your financial journey. Don’t miss out on the chance to explore diverse partnership types, develop effective relationship-building strategies, and capitalize on potential collaboration opportunities. Start building profitable partnerships and transform your financial landscape now. Contact us at 1 University Station, Austin, TX 78712, United States. Phone: +1 (512) 471-3434. Website: income-partners.net.