C
chrisN
Turbomanlet Enjoyer
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Best means of passive income comes from rent, house prices have been on the rise which reduces our abilities but its still possible.
1. Build up credit/requirements to get a mortgage large enough to buy a house.
2. Rent it out and pay off the mortgage using the money from it whilst gaining an extra 200-300 pounds
3. Repeat process buying more houses ideally near each other so that maintaining them as a landlord is do able
4. Once you get enough houses your revenue will eventually be good enough to make it your full time interest, all you would have to do is make sure tenants are happy and maintain the houses
Probably already a known plan but incase its not at least its here
1. Build up credit/requirements to get a mortgage large enough to buy a house.
2. Rent it out and pay off the mortgage using the money from it whilst gaining an extra 200-300 pounds
3. Repeat process buying more houses ideally near each other so that maintaining them as a landlord is do able
4. Once you get enough houses your revenue will eventually be good enough to make it your full time interest, all you would have to do is make sure tenants are happy and maintain the houses
Probably already a known plan but incase its not at least its here