How Can I Build Passive Income in Real Estate?

[moonchild]

Building a passive income with real estate is one of the best ways because land appreciate with time and you can increase the rent each year you deem fit and cite inflation as the reason, there are also other part of real estate like wholesaling and retails that you can get into and make a passive income.

To build a passive income with real estate you have to strive and own a lot of estates so that your income can be large, owning two real estate can not give you the same profits that a mall or plaza with shops can give you.

In real estate volume matters a lot and can be the difference whether you can make passive income from it or not.

 

[Mika]

Real estate market is one of the best method to make passive income. You buy a house and put it on rent, and you collect money every month without any work. The only expenses you incur is pay taxes and some minor maintenance. However, this method is available only to those who have a lot of money to invest. You need to own a property in a place where you get a lot of renters and you will have to spend hundreds of thousands dollars to buy property in prime location.