I’ve said it before and I’ll say it again: landlording is a job. If you manage your own properties, then you are a self-employed property manager. You get the tax benefits associated with owning property but you’re still working. Anyone who says that landlording is “passive income” is kidding themselves. Or trying to sell you [...]
When I first got started blogging, I wasn’t sure how I would handle the negative criticism which inevitably results from opening yourself up to the giant sea of information that we call the internet. I like to think that I’ve handling it very well, even going so far as to highlight the best of this [...]
If you’re a regular reader then you know I’ve said a few times now that landlording is not passive income. Period. Anyone who tells you otherwise is probably trying to sell you something. Maybe they are just naive. Perhaps you should question the source.
Notice that I didn’t say real estate investing is not passive income. That’s because there’s a million and one ways to invest in real estate and many of them are hands-off.
But it turns out that most of the supposedly “passive” sources of income are not passive at all.
Starting with real estate, I’ve become really interested in alternative investments. So when so when I came across Peer-to-Peer lending (P2P), I was all over it. In case you haven’t been paying attention, P2P lending is a fairly new industry but it’s growing fast. The company acts as an intermediary by providing a place where [...]
Things I Learned In Europe