Mika
VIP Contributor
Real Estate investment is one of the best methods to build passive income. Generating passive income through real estate properties means instead of flipping properties, you are actually renting out your properties and collecting rents. When you are collecting rents, you are not affected by the price fluctuations in the housing market. You can make passive income through real estate property in three ways:
Renting commercial property: You buy properties in commercial districts and rent out your properties to businesses.
Renting residential properties: You can buy properties in a residential area and you can rent out to individuals and families
Airbnb: If your property happens to be in a tourist area, you can rent out your properties to tourists through Airbnb.
If you do not have money to invest in the property, you can get a loan. You can pay your loan installments from the money you collect as rent. Therefore you do not have to worry about loan repayment.
Renting commercial property: You buy properties in commercial districts and rent out your properties to businesses.
Renting residential properties: You can buy properties in a residential area and you can rent out to individuals and families
Airbnb: If your property happens to be in a tourist area, you can rent out your properties to tourists through Airbnb.
If you do not have money to invest in the property, you can get a loan. You can pay your loan installments from the money you collect as rent. Therefore you do not have to worry about loan repayment.