The advantages of creating a passive income stream through rental properties

[RicAngelo]

Nope I don't think it'll work lol.

You cannot expect decent passive earnings from such a haunted house

LOL but I am not lying when I am telling you about haunted houses being used to be an object of night safari for young people who love to do something extreme which I do not like to do

 

[Bisolami]

And you can even meet people who are into it to know more about how you will do it

Thank you for your kind words. All the best to you too.

 

[Chibson]

indeed, i have land but I will give it to my daughter and the location is not near the educational complex, so I will try to find another land to build that property one day @Chibson

That's good. I think your daughter will be so happy when you give her the land. of course good location matters to maximize profit in rental properties.

 

[RicAngelo]

She doesn't know about it, yet but yes that land is for her, I wanna earning dan saving to buy another land for another investment, for sure but not for now

 

[Chibson]

She doesn't know about it, yet but yes that land is for her, I wanna earning dan saving to buy another land for another investment, for sure but not for now

Good idea, it seems you want to use it as a surprise for her. What is the cost of land in your country of residence?.

 

[LoukiaCharilaou]

And you can even meet people who are into it to know more about how you will do it

This is a very good idea. It is important to get some advice and guidance from people who have experience and knowledge.

 

[Bisolami]

That's good. I think your daughter will be so happy when you give her the land. of course good location matters to maximize profit in rental properties.

Giving me a land is one of the biggest Investments I will ever have so it is a very good thing

 

[Chibson]

Giving me a land is one of the biggest Investments I will ever have so it is a very good thing

No doubt, the cost of land in this part of the world is much. It is a very big show of love for anyone to gift you land.

 

[Bisolami]

No doubt, the cost of land in this part of the world is much. It is a very big show of love for anyone to gift you land.

Exactly
Lands are very much expensive so if you get one for free, you should be grateful

 

[Chibson]

Exactly
Lands are very much expensive so if you get one for free, you should be grateful

Yeah, there are some people whose their parents always leave huge lands for. Some of them always end up not maximizing it and I don't know the reason.

 

[Bisolami]

Yeah, there are some people whose their parents always leave huge lands for. Some of them always end up not maximizing it and I don't know the reason.

I think some people are not trained how to maximize the money they have which is not a good thing

 

[jetsaints30]

A great strategy to create passive income is by making rental property investments. You can generate a continuous stream of revenue from rent payments by owning rental homes without putting in a lot of daily work. Furthermore, rental properties may increase in value over time, giving you the chance to realize long-term capital gains. Due to the tendency of rent prices to rise along with inflation, rental properties can also act as a hedge against it. Also, rental income frequently has lower tax rates than other types of income, allowing you to keep more of your profits. Overall, buying rental properties can be a wise move for producing a steady stream of passive income and long-term wealth.

rental income is often taxed at a lower rate than other types of income, which can help boost your profits.

 

[Chibson]

I think some people are not trained how to maximize the money they have which is not a good thing

Yeah, it's very bad. I think parents should train their children on how to manage their properties. It is something every parent must put into consideration.

 

[Bisolami]

rental income is often taxed at a lower rate than other types of income, which can help boost your profits.

You are right and the good thing about it is that you're going to be making your money slowly and steadily

 

[Springtime]

Rental properties is definitely a great source of passive income. A lot of people are doing this in my location. However, you need to have a lot of money to buy real estates here.

 

[Chibson]

Rental properties is definitely a great source of passive income. A lot of people are doing this in my location. However, you need to have a lot of money to buy real estates here.

Sometimes, people with small capital usually form partnerships in order to buy real estate property. When it starts to appreciate every member will get their return according to the amount of money invested.

 

[flower]

The rental properties is truly a passive income source and you're going to enjoy it.

 

[Chibson]

The rental properties is truly a passive income source and you're going to enjoy it.

it is the best source of passive income in my own opinion. But the only downside is that it requires a lot of money and you need continuous maintenance of the properties.

 

[Sanjeev]

Yes, it's the best way to earn passive income. But the only problem with it is that the rates of the property are too high to buy these days. But still, it's a better option to buy it on a loan.

 

[Chibson]

Creating a passive income stream with rental properties is the best and the safest. The major reason some people cannot do it is because it is very costly but, apart from the cost of buying a rental property it has a lot of advantages.

Post automatically merged: Mar 29, 2023

Creating a passive income stream with rental properties is the best and the safest. The major reason some people cannot do it is because it is very costly but, apart from the cost of buying a rental property it has a lot of advantages.