Passive Income & Rental Property Investing - 10.000$ a Month For Your Financial Freedom. Short Term Rental, Airbnb, Cash Flow, Wealth Management. Success Mindset And Strategies To Make Money Online

By Marshall Rowe

Find out how to create a passive income from rental properties (even if you don't own one yet) and never have to trade your time for money again!

Start living life working when, how, and where you want.

Even if you go to work every morning and bring home a steady paycheck to fit your lifestyle or your family's, you will probably always find it tricky to overcome unexpected occurrences due to the ever-increasing cost of living.

Creating a passive income (either alongside your job or replacing it) through real estate and the right strategies you'll find in this guide could make you financially independent sooner than you imagine, allowing you to live life as you wish!

In this book, we'll figure out how to achieve passive income by investing in rental property. Here's what you'll find inside:

What exactly is passive income, and how to develop the right mindset to achieve it and change your life,

Everything you need to know about real estate investing before you get started,

Practical techniques and strategies with clear and comprehensive explanations to minimize risk,

Investment methods we will cover:

Real Estate Crowdfunding,

Listing your place on Airbnb,

P2P Lending,

BRRR (Buy, Rehab, Rent, Refinance, Repeat),

Self-storage Facilities,

Commercial Real Estate Investing,

And more!

Don't worry if you don't have experience in this area because you'll find everything you need to get started inside this guide.

Click on "Buy Now" and create your first stable passive income!

• Language: English
• Publisher: Marshall Rowe
• Release date: Mar 22, 2022
• ISBN: 9798201947224

Book preview

INTRODUCTION

The Internet has revolutionized the world and people's lives in ways that no one could have predicted in its twenty-plus years of existence. Today, sending a message to someone on the opposite side of the world is as simple as a few mouse clicks instead of sending letters, which may take days or even weeks to arrive. However, the Internet is more than just email and social media.

The Internet is a marketplace in and of itself, and it is the largest marketplace you can imagine. With over 2 billion internet users globally, any serious entrepreneur trying to make a lot of money on the Internet should have no trouble finding a willing market. But just because the average Joe won't be able to create the next Google, Amazon, or Facebook doesn't imply the Internet is closed to him as a source of income. Isn't it always nice to make a little extra cash on the side? Making money outside of your day job can help you increase your net worth and give you more peace of mind.

You can take advantage of numerous additional opportunities and profit from them. Forget about traditional retail outlets for a while and consider how many chances exist when you can have your internet store open 24 hours a day, seven days a week, without needing to hire more people to handle the night shifts. Forget about the high overhead costs of owning a brick and mortar store, and instead, consider the low operational costs of running an online business.

It might be run from a remote island in Mauritius, your house, a coffee shop, or anywhere else on the planet. With this greater flexibility and a huge consumer base, there is virtually endless potential for growth and profit. You have the option of living the life you've always desired because you'll earn money and have enough time to do other things. And who knows, maybe you'll be able to quit your 9-5 job since your online business is profitable enough to support you and your family.

A large number of people rely on Active Income. They must trade their time for money. Depending on the situation, many people work from 9 a.m. to 5 p.m. or from 8 a.m. to 4 p.m. Furthermore, many others are forced to work odd jobs to make a living. Most Active Income Earners don't have enough money to retire; therefore, they have to work all their lives. They are constrained by their work and time constraints. They are not frееdоm frееd.

Nowadays, everyone is looking for a new way to supplement their income to improve their financial situation. In rесеnt years, thе job mаrkеt has bесоmеIn rесеnt years, thе job mаrkеt hаѕ become more competitive, but wages have unexpectedly decreased. Real estate is one of today's most popular business fields for generating passive income with minimal effort. Simply set up a tried-and-true system and adhere to the business blueprint to the letter. After you've designed the core system for your real estate business, all you have to do now is keep the flow going.

We became real estate investors in search of passive income and financial independence. I'm pretty sure we're not the only ones who think this way. Furthermore, real estate investing has provided my husband and me with a great deal of flexibility in our lives. Whether we putter around in the yard, go mountain biking, or focus on our business, we make money from our properties. We used to earn passive income, but that is no longer the case.

You won't need to earn active income if you have enough passive income. You achieve financial independence and can cover all of your living expenses solely through investment streams of passive income. You can then spend your days traveling, golfing, playing with your children, volunteering, or working on your passion projects.

But, in real estate, how do you generate passive income?

Don't worry; you'll find it once you've finished reading this book.

This book would make you believe in the future. This book is packed with information that will show you another fantastic way to earn money without going through the stress and hardships of life to bring home the bacon, as mentioned before. Another alternative to active income is passive income. You don't have to include your effort or time to make a living. The era of servitude (working from daylight to night for dismal remuneration at the end of the day) has passed.

.If you can't make money in bed, don't remain in bed.

- Burns, George

Passive income is a type of income generated automatically due to a single action. It mеаnѕ that this is an іnсоmе wіthоut wоrking actively. Pаѕѕіvе іnсоmе іѕ a rеnt rесеіvеd all the time, wіth little effort needed tо mаіntаіn іt.  In certain circumstances, passive income is considered supplementary or residual income. It is, nevertheless, a part-time or full-time job search answer for all.

The most surprising and extreme aspect of passive income is that you have complete control over when you work and when you do not. You don't have to wake up to an alarm clock, and your time is your own.

Now, generating passive income ideas is not easy, especially if you have no expertise and are new to this type of business. This passive income book series will be your guide to having an idea that will help you create passive or residual income.

Suppose you understand that exchanging your time for money will never make you wealthy or financially independent. Well, I know that seems too good to be true, but it is achievable because there are a variety of business concepts to choose and profit from regardless of your prior experience. In that case, this book is for you since it will introduce you to less common, effective, and unknown online business ideas that you can start doing right now.

If you've ever wanted to know the fastest and easiest way to generate passive income - so you can supplement or perhaps replace your current income.

This book will provide you with the information you require.

Remember, the information you'll learn in this book can help you start earning extra money or perhaps replace your current salary. So, what are you waiting for?

This is not for lottery ticket buyers.

You can keep exploring if you're looking for a get-rich-quick book with magic formulas on how to make a million dollars in 24 hours. This is not the book for you.

To get started, you'll need the following:

✓  A personal computer

✓  A Consistent Internet Connection

✓  Persistence And Determination

So, let's get this journey started, guys.

Please wait!!! Guys, there's something I need to tell you about. This book contains several future-focused passive income ideas that not everyone is aware of. In a lame man's way, I'll also simplify everything.

Please don't move on yet; there's something else I need to tell you. The contents in this book are simple and straightforwrd...no beating around the bush.

Let's get started with the first chapter.

The term passive income has been thrown around in recent years. It's been used colloquially to describe money earned regularly with little or no work on the part of the recipient. Passive income proponents are often supporters of a work-from-home and be-your-own-boss professional lifestyle

I've attended more passive income seminars and read more books than I can count. When you set out to earn more for yourself, you may discover that these seminars and books omitted crucial information. They make it seem so simple. It's critical to understand what passive income is and isn't.

You might get a term or two if you search the Internet for passive income, but most of what you'll find are websites trying to sell you on the passive-income-flavor-of-the-day. I understand how aggravating it is. I don't know about you, but I like to research before jumping into any opportunity or taking a trip. There are numerous excellent options available. But, before you go out and spend your money, let's define passive income and, more importantly, what it isn't.

Of, belonging to, or being business activity in which the investor does not have immediate control over income, according to Webster's definition. That, in my opinion, does not tell the complete story. Passive income is money that you regularly receive without having to put in much effort (note that I did not say no effort). It differs from paid work because you are not compensated for your time (like you would a job). However, depending on the type of passive income stream you choose, you may have instant influence over your earnings. But I'll come back to that.

Passive income is money that comes in regardless of whether you work, sleep, or play. According to the Internal Revenue Service of the United States of America, income from "trade or business activity in which you do not materially participate is known as passive income.

Money and losses generated by an enterprise in which a person is not actively participating are passive income. Property rental (as long as real estate isn't your line of business), equipment leasing, and restricted partnership equity are all examples.

HERE ARE A FEW EXAMPLES:

✓  Rental income from real estate

✓  Earnings from a business that does not require the owner's direct involvement or participation  Royalties from publishing a book or licensing intellectual property

✓  Earnings from internet advertisements on your websites

✓  Dividends and interest

✓  Interest on private mortgages

✓  Income from vending machines that you own

My entire world changed when I first learned about this form of income. I began exploring ways to acquire or construct assets that would provide me with passive income. I stopped focusing on saving money to buy a car if I wanted to buy one. Instead, I concentrated on earning enough money to allow my assets to purchase the car for me.

I didn't have a lot of money at the time. But, after all, everyone has to begin somewhere, right? Aside from an interest in my savings account, my first foray into this arena was purchasing a candy machine, loading it with M&Ms, and placing it in the lounge of my fencing club. I worked out how much a single M&M cost and how many M&Ms I would offer the other fencers for their 25 cents. Because I knew my profit margin for each transaction at the time, I calculated that after donating 10% to the junior fencing program, I was making an average of $25 per month in passive income.

Some people mistakenly believe they are receiving passive income while receiving residual revenue. An insurance agent, for example, may receive residual income when her clients renew their policies. However, if the insurance agent leaves the company, that money is lost.

It's also not real passive income if you're involved in a networking or multilevel marketing organization where you have to run the business to earn money. Passive income is when you can stop working on your business for as long as you like and still make money.

The common misconception regarding passive income is that you're done once you buy or build an asset that