The Saga Of My 1st Investment Property: Year 1

It was this time last year that my Financial Partners and I closed on our first investment property in Orlando, FL.  It was an exciting moment as I was curious how I would handle a long distance investment.  The success of this investment depends on how well the Property management team will cover repairs & rehab work and also do the marketing to find qualified tenants.

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How To Invest In Real Estate For Passive Income

Investment Property Used For Passive IncomeI will begin this discussion with explaining why I am passionate about receiving passive income.  First, the short

version is that it is the opposite of earned income.  So, let me explain – in order to get earned income you must show up & produce a certain amount of duties over a certain period of time.  These duties may be labor intensive or mentally intensive.  Either way, you had to work & produce results in order to get paid at the end of the day/week or however your payroll department rolls out checks.  In addition, in order to receive earned income you must show up in some capacity, otherwise you don’t get paid.

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