Love Passive Income? Here's How to Make Plenty of It as a Real Estate Investor
Real estate investing has long been a proven path to prosperity, but it also can involve a lot of upfront investment and then time and/or money spent on managing those assets.
Then there's passive income, the cash flow you receive for your investments that requires nothing more from you than owning the assets. Real estate investment trusts (REITs) are a particularly easy way to reap those benefits.
These pools of income-producing properties must pass through to shareholders at least 90% of their taxable income, and there are about 220 publicly traded REITs that also add the benefits of liquidity and transparency that come with holding exchange-traded equities.
Source Fool.com
