Earn Passive Income by building Quarters Near Factory?

[Hate2Wait]

If you have land near factory or have a big house with many rooms that you can build or convert that accommodation into Quarter for those working in the industry and can earn fixed passive income from that.

 

[Starmix]

It is a very good investment that would serve as our passive income. Those who have vacant rooms or lots may construct a quarter that will serve people needing a place to rest after working in a factory.

 

[Hate2Wait]

One of my colleagues has done that and is earning decent money just from rent and every year he increases the rent so he is able to earn decent passive income

 

[Bisolami]

If you have land near factory or have a big house with many rooms that you can build or convert that accommodation into Quarter for those working in the industry and can earn fixed passive income from that.

I think this is a good idea because some factory workers may need where they will be sleeping

 

[Chibson]

Yes, this is actually a very good idea. There are a lot of factory workers that will rent it and you will make passive income with it.

 

[Bisolami]

Yes, this is actually a very good idea. There are a lot of factory workers that will rent it and you will make passive income with it.

There are so many things that factory workers need and it will be good to rent it out there if you are very close to them

 

[Chibson]

There are so many things that factory workers need and it will be good to rent it out there if you are very close to them

Yes, you can even open a food store near that place and you will have a chance of making a lot of money with it. If you stay in a place where factory is close, there are many opportunities to make money.

 

[Stardom22]

This is one of my favourite passive income ways I have dreaming about in the whole of my entire life. What a good thing is this. This is purely a very nice passive income means to have ever.

 

[Bisolami]

Yes, you can even open a food store near that place and you will have a chance of making a lot of money with it. If you stay in a place where factory is close, there are many opportunities to make money.

That is true
The people who are working in the factory will surely need food so we can just sell food close to that place.

 

[Chibson]

That is true
The people who are working in the factory will surely need food so we can just sell food close to that place.

Yeah, I have seen a nail factory in which people sell foods there. The woman actually makes a whole lot of profit from it.

 

[uptrendfinancialsignal]

If you could build a residential houses where factories are located, then it's a passive income source.

 

[Chibson]

If you could build a residential houses where factories are located, then it's a passive income source.

Probably, most of the factory workers will probably rent it because it will be nearer for them to work there. I think it is a very good idea but getting a land may be a problem.

 

[Reedex]

If you build houses near factories, you're going to make money from it.

 

[Chibson]

Yeah, you must make sure that the factory workers are interested in staying near the factory. That way you can make profit from rent income.

 

[uptrendfinancialsignal]

Yeah, you must make sure that the factory workers are interested in staying near the factory. That way you can make profit from rent income.

Building staff quarters for factory workers is a passive income source.

 

[Chibson]

Building staff quarters for factory workers is a passive income source.

Yeah, any kind of business that involves rental properties is very lucrative and it is also a passive income. Getting lands in such places can be expensive though.

 

[cherry123]

I can so relate with this, you can build or convert accommodation into Quarter for those working in the industry they will pay you rent as when due and you can earn fixed passive income

 

[Johnson2468]

If you have land near factory or have a big house with many rooms that you can build or convert that accommodation into Quarter for those working in the industry and can earn fixed passive income from that.

This is a very good business idea, all you need is some little maintenance to make the place look pretty good for you to be able to charge people that want to occupy the place well

 

[Yohanna]

You can definitely and passive income through building quarters and you will collect money for rentals.

 

[Springtime]

In my location, building a quarter near a factory involves a lot of investment and legal procedures. Not many people can do that. But I agree that if you have a house with many rooms, rent out those rooms to workers is a great source of passive income.