Look, even Wikipedia admits it!
Passive income is a type of unearned income that is acquired with little to no labor to earn or maintain.
"I work very hard as a landlord"
"I am a leech on society"
Look, even Wikipedia admits it!
Passive income is a type of unearned income that is acquired with little to no labor to earn or maintain.
"I work very hard as a landlord"
"I am a leech on society"
It's funny in general that whenever you say landlords are useless someone always says ”but they do X and Y, it's not just collecting the money every month”, but every finance bro pro tips for life article always has
”Invest in property, it's a good way to have passive income!” in it.
They hold both these contradictory ideas in their heads simultaneously without any kind of introspection or synthesis.
Oh there is synthesis, it’s just they’ve squared the contradiction with: “works good for me, fuck you, got mine!”
Goes to any forum for landlords: "How can I avoid doing X and Y for my tenants?" "Is there any way I can force my tenants to do X and Y or pay for them?"
But what if they hire a management company