Investor · San Diego, CA · Member since 2012 · 10 posts · 4 votes
A plea to my community of Real Estate Investors: Can we drop the term "Passive Income"??? It seems to me to have negative connotations and to promote negative impressions of the business and its practitioners! It seems to me a better term would be "Proactive Income". There is really nothing passive about my real estate income, as I am proactive about finding properties, securing the financing, purchasing them, rehabbing them, finding good tenants, and doing all the tasks required to maintain the property. If I sit back and collect checks without being bothered by any work, it is because I was proactive and worked hard to make a property sound BEFORE the tenant moved in! It is because I was proactive and performed preventative maintenance sweeps twice a year. Please, Fellow Investors, lets raise the profile of our business and use a positive term for our income.
Investor · Silver Spring, MD · Member since 2016 · 61 posts · 18 votes
10y
@Johnny Mack I agree it was when the term became a marketing gimmick that it needed to be put out to pasture. In relation to real estate investing I believe it not only gives a false belief that no work is involved but also degraded the efforts of those who do put in that had work to make the investing profitable.
Bulawayo, Zimbabwe · Member since 2015 · 1k+ posts · 253 votes
10y
Agreed.there is need to be proactive to a point(say the purchase of the property and renting it out) then from there the effort required is mostly passive..so both