What is the best way to earn passive income in short time but which could act as permanent source.
Life insurance
MLM (multi-level marketing), email marketing, e-commerce, real estate among others
Those are ways to earn income but not really passive income. Real estate for sure is a good one though
Realistically, what might some returns be like for real estate? Like can you have a truly passive and sustainable income from real estate ? Or do you need like 20 houses to make that happen
Why would I tell you my secrets
Buy my passive income book if you want to know
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Rental income is the classic example. Tenants pay the rent, rent pays mortgage/maintenance/taxes, and you keep what's left.
Can you show me a single place, where rent covers mortgage/maintenance/taxes? Preferably a place, where one can leave their car overnight.
Certainly. 30+ doors in OH, IN & GA. Every single one of them cash flow positive. There a great big chunk of the country outside CA/WA. Check it out sometime.
Uber driver
Human trafficking, green card scams, dead people's bank accounts, squatting, pimping, IEOs
Dividends, interest.
Rent! Buy a house or a condo and rent out the bedrooms or put them on AirBNB. Buy an apartment building and rent out the apartments.
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I see how you got your top contributor red badge. By contributing shit emoji on every blind post.
We have this same discussion daily. A simple blind search would turn it up. Whatβd you contribute?