On the other hand, there are passive investment options that do allow you to have more control and, therefore, a greater return.
One of the best options for passive income is real estate investing, and it is also a prime example of an asset with multiple income streams.
Cash flow: Cash flow is straightforward: When you purchase a rental property as a real estate investment, the tenants pay a monthly rent.
The rent cost is usually higher than the monthly mortgage payment, even in today’s market.
The DFW metro also has a booming health care industry and is pulling people in at an exceptional rate, adding 146,000 residents from 2017 to 2018.
Tax write-offs: Did you know there are multiple possible write-off opportunities in real estate investments?
Then, of course, there are write-offs for property management, travel costs to and from the property, maintenance, mortgage interest and so forth.
Inflation-profiting: Unlike other investments, conventional loans offer fixed interest rates, which protects your bottom line.
Real estate investments not only offer the investor control, but creative options to improve income.
There are so many real estate opportunities out there in which to invest.