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Is investing in property business is the best source of passive income?
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[QUOTE="Mika, post: 232715, member: 29399"] There is no doubt that real estate investment brings the best passive money, however, in order to benefit from real estate you need to buy property in a prime location when you can rent it out. For example, you buy office space, shop space, a house in a prime area, a piece of land in a commercial district. For that purpose, you need a lot of money. Not just hundreds of thousands, but millions. For example, in my place, if you want to buy a house in a prime location you need to spend at least 30 million in local currency. If you want to buy a shop in a commercial building, you need to spend at least 10 million. That's a lot of money. If you already have that kind of money, you can even earn passive income by depositing your money in a fixed deposit bank account. Real estate investment also does not always bring profits, sometimes the market goes down and you are unable to rent out. For example, during this coronavirus pandemic, a lot of shops were closed and the landowners who rented out these shops lost money. If you buy from loan, real estate can be risky investment. [/QUOTE]
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