subject: Passive Income Investing - The Key to Life Long Profits [print this page] Passive Income Investing - The Key to Life Long Profits
Passive income investing allows you to invest money and time up front to reap rewards down the road and can be your key to being able to retire early, live a better life now and secure your financial standing.
Unless you're an heiress or not concerned with material possessions, you're painfully aware of actively having to work for your money. For the large majority of people, that translates into working for someone else. We make money for a corporation or business we have no ownership in, while we trade away our hours for a paycheck. Even many of those who own their own businesses work just as hard or harder than their employees to insure everything runs smoothly.
Is there no escape from this never-ending rat race? Why yes my friend there is! It's called passive income.
As opposed to working constantly for a salary, passive income allows you to invest your time and money up front to create or purchase something that will pay dividends for life. The most familiar example of passive income we encounter would be the dividends stocks pay and the interest bonds pay. Even if you don't think you profit from these income sources, chances are your retirement mutual funds are based on them. Pensions are nothing more than the fruits of passive income investing.
Businesses can also be set up to produce income on autopilot. Many have used the Internet to create businesses that require upfront work and generate income afterwards with little or no maintenance. This kind of passive income investing frees you up to pursue other money making opportunities, enjoy your hobbies, spend time with your family or whatever else you want to do.
There are a million ways to make passive income, but the best way has to be investing in commercial real estate. By investing in commercial real estate you own the property but your tenants pay the mortgage for you plus a little extra. Use this monthly profit to increase the value of the property, save or spend as you see fit. All the while you are building equity while others build equity for you.
Passive income investing gets its true power when you "rinse and repeat," that is buy more properties and do the same over and over again. With good money management, planning and a little work up front your growing real estate empire could fund the rest of your life.
The best part of investing in commercial real estate is you do all the work up front and can delegate the rest. If you don't want to get your hands dirty there are plenty of investment pools out there or investors looking for silent partners. While you have to give up a certain degree of control, these are the ultimate hands off ways to make money.
