What are some ideas for passive income streams that require up moderate initial invesmtent/effort? Could you spoonfeed me the initial steps?
>>1779745
No.
>>1779746
Please?
It's easy, just buy a rental property and get it under professional management
If SWIM had a large stash of unclaimed dosh and wanted to buy property outright, how could SWIM do it without Uncle Sam knocking?
Mind you, SWIM isn't employed on paper.
>>1779755
I live in a developing slav state where property rentals are pretty much watered down.
>>1779766
Not sure what you mean. But if you're saying that they are overpriced, then buy some dividend paying stock instead.
But really, I'd examine why you want passive income. Unless you're ready to retire or have experienced a long term unemployment, an investment that grows your equity is better for you. Eg an index fund
Lending Club. Loan money. Play the jew.
>>1779773
What I meant was that the market is way too saturated for me to break through. I'm in my early 20's and I'd like to find a way to get some extra money which I can reinvest back into the same, or other, assets. Where should I start if I wanted to invest in and index fund?
>>1779755
About to make an offer on a 5 plex in a small country town. Please don't let this be a meme.
>>1779819
Remember that you can't get a normal mortgage on anything over 4 doors
>>1779798
Ask you bank.
And I wouldn't bother investing with anything below 10k USD.
>>1779819
those are some bullshit numbers anon.
cost will be more like 10k first year and growing with inflation. cash flow roi will be 13% not 23% first year. and return on investment will be negative.
>>1779819
You gonna raise the rent on all 5 units by $50/year every year?
hard to hold tenants like that.
mfw, when my rent goes from 453 to 653 in four years.