Passive Income Real Estate Reddit

How passive is the income from real estate.

Passive income real estate reddit. You will likely be heavily leveraged in the beginning unless you have decent income backing you to get started you will probably have a hard time qualifying. But a typical day for me could be. I know one could borrow money from bank or save money and then invest. Look mlm s suck get rich quick schemes suck i m tired of seeing them.

My wife and i are considering real estate investing mainly with the intent to rent the properties as a method to build passive income and enable us to retire early. I m trying to get a sense of just how passive it actually is. Finding a good real estate investment that will gain equity in a relatively short time frame you need to account for everything such as taxes insurance maintenance legal fees etc. But i also don t consider it passive either.

I d say it s the perfect blend right between the two probably 20hrs of actual work each week. I was just wondering what are the ways of getting into real estate without much money. Although i don t consider it a full time job. What are some other passive income streams that are legit that don t necessarily take more than 6 months to be successful.

See if there are any new properties that perk my. I know real estate is great and is the most ideal passive income but it takes a lot of money to make a lot of money in it. I know we have a ton of research to do and a lot to learn of course but.