Is rental income a passive income?

+1 vote
asked Jul 2, 2018 in Real Estate - Renting by VampsZombie (250 points)
Is rental income a passive income?

1 Answer

0 votes
answered Jul 2, 2018 by Christeen (21,580 points)
Rental Income can be passive income as long as you don't have to work that much with the tenants and rental properties to earn the passive income.

To make passive income through rental properties you could hire a property manager to advertise the rental properties, process the rent payments and deal with upkeep of the rental properties as well as deal with the tenants.

Rental properties will always bring in money because everyone needs a place to live and not everyone can or wants to buy a home.

12,555 questions

13,402 answers


356,382 users