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Real estate
Can one take real estate investment as a passive income method.
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[QUOTE="CALVINDOL, post: 296483, member: 43757"] Passive income methods in real estate can vary in terms of the amount of initial investment required. Some methods may require a significant amount of initial capital, while others may require less. For example, purchasing a rental property can require a significant amount of initial investment, including the down payment, closing costs, and any necessary repairs or renovations. However, once the property is leased, the rental income can provide a steady stream of passive income. On the other hand, some passive income methods in real estate may require less initial investment. For example, investing in a real estate investment trust (REIT) or a real estate crowdfunding platform can allow you to invest in real estate with a smaller amount of money. These types of investments can provide returns through dividends or a share of the profits from the properties in which you are investing. Another passive income method is lease option, where you can lease a property with an option to buy. In this method, the tenant pays a higher rent and also pays a non-refundable option fee. This option fee can be used towards the down payment, if the tenant chooses to buy the property. This method requires less capital as you don't have to purchase the property upfront, but it also has a higher risk as the tenant may not buy the property. It's worth noting that, regardless of the method, real estate investment always carries some level of risk and it's important to do your research and understand the potential risks and rewards before making any investment. Conclusively, it is possible to generate passive income through real estate investment with a smaller initial investment, but it's important to do your research and understand the potential risks and rewards before committing to any investment. [/QUOTE]
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Can one take real estate investment as a passive income method.
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