Renting Income As Passive Income

[Hate2Wait]

Even if you have limited knowledge of real estate you can still earn from renting your property, Plot, Room or apartment or whole house or even shop and it can be considered as fixed income.

 

[Starmix]

That's why I said if we are good at managing and if we have separate property then it will be even better as we don't need to manage but just need to keep a check on the tenants

This time, we do not have an available building to rent. It's a very good passive income. There are buildings here rented by different businesses. How nice to have big money to construct a building for rent.

 

[astutimeliana723]

I think if we are in search of Passive income then we should look at renting our Idle property as it's one of the best ways to earn passive, stable and confirmed earnings.

Yes, I totally agree with you, in my country there are many people who rent out houses, vehicles, land, shop houses, and so on. They get a promising passive income from it, but we must still apply strict rules to tenants, if tenants are not disciplined when paying rent, we must act firmly on them by telling them to leave.

 

[Suba]

Currently, rental income is not only used as passive income but is also used as the main activity or active income, such as opening expensive and prestigious bag rentals, luxury clothing, and other items. This business will be successful if you have a relationship with the upper class and celebrities who want to always look luxurious.

 

[gammarays]

Renting properties especially land and building are good passive income streams that's if you have it. Getting those stuffs costs a lot of money but it's the best because they don't depreciate in value.

 

[Magnus2022]

Renting our property especially house units is one of the most lucrative and stable form of passive income. If you are fortunate enough to have property in urban area, you will smiling to bank always. In countries like Nigeria where government don't regulate rents, it is quick means to become rich.

 

[Hate2Wait]

Yes, I totally agree with you, in my country there are many people who rent out houses, vehicles, land, shop houses, and so on. They get a promising passive income from it, but we must still apply strict rules to tenants, if tenants are not disciplined when paying rent, we must act firmly on them by telling them to leave.

Actually not everyone can afford to buy house so they took the option to rent as it's more convenient

 

[astutimeliana723]

Actually not everyone can afford to buy house so they took the option to rent as it's more convenient

Yes, you're right, apart from that, for reasons of not having a permanent job, still moving frequently, it makes people prefer to rent a house rather than buying a house, so they can always choose a house that is close to their place of work.

 

[Hate2Wait]

Yes, you're right, apart from that, for reasons of not having a permanent job, still moving frequently, it makes people prefer to rent a house rather than buying a house, so they can always choose a house that is close to their place of work.

Yes that's a very important point and I feel it's the main reason why many prefer to stay on rent

 

[nomad]

Renting is a good way to generate passive income, there is nothing that you cannot rent, from your cars to clothes and even your property. However, you need to invest substantial amount of money before you can rent out.

 

[Chibson]

Anything that requires renting is a good passive income. renting your income in order to make passive income is actually a good idea. Renting properties is also a good way to make passive income.

 

[uptrendfinancialsignal]

People who have interest in properties would make money from rent properties to make profit.

 

[Springtime]

Rental income from real estates is definitely a great source of passive income. Some people rent out the whole apartment. There are others who sub-divide their apartment into different small rooms/units, and rent them out. They target mainly the lower income group who cannot afford to rent the entire apartment.

 

[eldavis]

Nice one, i know of someone who usually rents his home out to others and get passive income from it every month. Real estate is one of the best ways to make or earn passive income.

 

[Reedex]

Generating a passive income is a very good idea and it works very well.

 

[Yohanna]

Renting is a passive income source and it is a very reliable way to make money.

 

[flower]

There is no doubt that rental properties is a passive income source.

 

[Yohanna]

Rental properties is a way to gain passive income online.

 

[flower]

I absolutely agree with you. Passive income through renting is wonderful. Of course, you must have some knowledge of real estate but you can always get professional advice if needed.

The most lucrative passive income source that I know is rental properties.

 

[LoukiaCharilaou]

The most lucrative passive income source that I know is rental properties.

Yes, you are right. Through rental properties, you can make a lot of money. In my opinion, it is the most profitable passive income source. I hope that one day, I will succeed in making some money this way.