7 Ways to Make Passive Income (Even If You Have a Full-Time Job)
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Top Comments (10)
I keep seeing people online talking about rental properties, dividends, even writing e-books, but most of it sounds like it needs a huge upfront investment of time or money. I want something sustainable not another job disguised as passive income
Honestly, the idea of owning real estate without actually managing it used to sound like a pipe dream to me. But after hearing this breakdown, I'm starting to realize there are legitimate ways to build exposure without becoming a landlord slash handyman overnight. Syndicates, REITs, crowdfunding it’s like the whole space has leveled up in accessibility. Still, figuring out how to properly position myself in any of these makes my head spin a bit. I’ve been burned by “passive” investments before.
Real Estate is Real Problems!! Taxes, Insurance, Court costs to evict, HVAC system, plumbing, electrical, trees, landscaping, windows, roofs expensive!! You better have deep pockets DEEP!!!! There's are easier was to make money than Real Estate!!!!
Thank you random guy on Youtube
His rental property example lost steam when he started that he bought the $200K property as a CASH BUY. If you have $200K in cash, where you're not raiding your retirement savings, then you are already wealthy. The reality is that, for 85% of Americans, nearly ALL of US, this is not possible at all. A more realistic approach would be to purchase a cheaper home, where you can collect a modest rent that offsets your mortgage on that second home, plus the expenses, and it brings in a small income stream. Even a trickle of passive income builds up. Every person who can afford a mortgage payment should split it up between their primary residence and a 2nd, income generating property.
You have changed my view of money completely since I started following you. Thank you, jaspreet
Register for my free masterclass & get Market Briefs as a bonus: https://briefs.finance/d062db WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
200k in 5% cd pays the same as a 200k rental property.
My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.
U need money to buy a property. A lot of people don't have that kind of money even if they start saving
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Top Comments (10)
I keep seeing people online talking about rental properties, dividends, even writing e-books, but most of it sounds like it needs a huge upfront investment of time or money. I want something sustainable not another job disguised as passive income
Honestly, the idea of owning real estate without actually managing it used to sound like a pipe dream to me. But after hearing this breakdown, I'm starting to realize there are legitimate ways to build exposure without becoming a landlord slash handyman overnight. Syndicates, REITs, crowdfunding it’s like the whole space has leveled up in accessibility. Still, figuring out how to properly position myself in any of these makes my head spin a bit. I’ve been burned by “passive” investments before.
Real Estate is Real Problems!! Taxes, Insurance, Court costs to evict, HVAC system, plumbing, electrical, trees, landscaping, windows, roofs expensive!! You better have deep pockets DEEP!!!! There's are easier was to make money than Real Estate!!!!
Thank you random guy on Youtube
His rental property example lost steam when he started that he bought the $200K property as a CASH BUY. If you have $200K in cash, where you're not raiding your retirement savings, then you are already wealthy. The reality is that, for 85% of Americans, nearly ALL of US, this is not possible at all. A more realistic approach would be to purchase a cheaper home, where you can collect a modest rent that offsets your mortgage on that second home, plus the expenses, and it brings in a small income stream. Even a trickle of passive income builds up. Every person who can afford a mortgage payment should split it up between their primary residence and a 2nd, income generating property.
You have changed my view of money completely since I started following you. Thank you, jaspreet
Register for my free masterclass & get Market Briefs as a bonus: https://briefs.finance/d062db WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
200k in 5% cd pays the same as a 200k rental property.
My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.
U need money to buy a property. A lot of people don't have that kind of money even if they start saving