Make Massive Passive Income
Way #1
- Real Estate Investments: Apart from conventional leasing.
Retalty continues to be perhaps one of the best ways of generating massive passive income, however the model has shifted. Looking forward to the year 2024, it may be favourable for real estate investors to expand their portfolio beyond plain leasing markets. Here are some strategies:
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Real Estate Crowdfunding: Through Fundrise and CrowdStreet you can invest in commercial real estate with relatively little money. You can get your income in the form of dividends and property price increases without having to deal with tenants.
Short-Term Rentals: Taking advantage of Airbnb and Vrbo, one can transform a house or an apartment into a rather profitable short-term rental business. To cut your involvement to the barest minimum, integrate the management process with property management software.