How To Earn Passive Income From Real Estate Investing In 2020

More individuals are seeking avenues of earning additional income as the average cost of living rises across the country. The majority of these individuals are parallel entrepreneurs; working full-time in one field but looking to earn money through an additional stream of passive income. There are many benefits to passive income as an investment strategy where earnings can be made with little active involvement needed from the investor.

Real estate ownership is one of the most common passive income strategies, used by many to increase cash flow or provide security for their retirement. If you’re still exploring ways to make passive income, this guide will show you how to earn passive income from real estate investing in 2020.

What is Passive Income?

Passive income is a loose term, referring to various investment strategies that all require different levels of personal involvement from the investor to make returns. The IRS considers passive income to be income from a source other than an employer or contractor. The most popular example of a passive income strategy by far is that of rental property ownership.

Nearly 30% of all Americans rent their homes, and there were 43 million housing units occupied by renters in the United States over the past two years. There is no shortage of need for rental housing, and this will be true for the expected future. In other words, if you select the right property and manage the costs correctly, a real estate investment can deliver excellent returns for years and even decades to come. 

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