Ebook77 pages52 minutes
Rental Properties vs. Rental Rooms: Rental Income for the Average Person: Financial Freedom, #43
By Joshua King
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About this ebook
Do you want to start making passive income? One of the best ways to generate passive income is through real estate.
But do you need to be a real estate tycoon to start earning rental dollars? Of course not. There are many types of rental income, and I'll cover two today.
Rental properties require a lot of money and time upfront. You will also need to trust someone to manage your house and tenant. Or you can do it yourself, but your mileage will vary.
Renting rooms requires you to open your doors to a family member or complete stranger. However, getting past this roadblock is more lucrative in a 5-10 year timeframe.
So which of these two is better for the average person? Which one is more accessible and why? I cover them both in detail inside.
I have two rental properties and two rental rooms, so I know which one is my favorite. Can you guess?
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Rental Properties vs. Rental Rooms - Joshua King
Table of Contents
MILITARY FAMILY INVESTING | Home of the Free PDF
Rental Properties vs. Rental Rooms
Monthly Dividend Tracker Template: Buy on Etsy
All Right Reserved Military Family Investing | 01 Rental Properties vs. Rental Rooms
02 The Stock Market is Not a Wealth Generator
03 Home Buying for the Average Person
Free 49-Page PDF Download ($2.99 Value)
04 Passive Income for Everyone
05 Real Estate Investing in Your 70s
06 Choose Your Passive Income Adventure 3
07 The Book on Managing Rental Properties
08 The House Hacking Strategy
09 How Much Do I Need in an Emergency Fund?
10 Real Estate is a Mindset (Beginner)
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MILITARY FAMILY INVESTING
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MILITARY FAMILY INVESTING
Home of the Free PDF
www.militaryfamilyinvesting.com
Rental Properties vs. Rental Rooms
Rental Income for the Average Person
01 Rental Properties vs. Rental Rooms
02 The Stock Market is Not a Wealth Generator
03 Home Buying for the Average Person
04 Passive Income for Everyone
05 Real Estate Investing in Your 70s
06 Choose Your Passive Income Adventure 3
07 The Book on Managing Rental Properties
08 The House Hacking Strategy
09 How Much Do I Need in an Emergency Fund?
10 Real Estate is a Mindset (Beginner)
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Monthly Dividend Tracker Template: Buy on Etsy
Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
All Right Reserved Military Family Investing
01 Rental Properties vs. Rental Rooms
If you follow my content, you will know that I am a massive fan of renting rooms. Sharing your living space is the single greatest wealth generator for the average person.
However, the average person doesn’t want to live with someone else (even family) or want to take the risk of owning rental properties.
To achieve financial freedom before age 70, you’ll need to make money in your sleep. Rental income, dividends, and royalties are three accessible ways to build wealth via passive income.
What Type of Home Business 2: Outside
Today, I want to explore two passive rental options available to the average person. They may seem daunting at first, but you’ll realize they aren’t as risky as they seem.
Getting started with rental income. Renting rooms and buying rental properties begin differently. Renting a space starts with the realization that you want to achieve financial greatness in your life.
For this article, I will assume you bought a house as a primary residence. You are
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