Passive income, or unearned income, includes earnings derived from rental property, limited partnership, or other enterprise in which a person is not actively involved. It is the opposite of active income, which is income received from a job or business venture that requires active participation. While these money-generating ventures may have initially required some effort, they generally pay out automatically without the recipient’s active involvement.
Investing in real estate comes in many flavors with varying degrees of time, effort, and commitment. It offers opportunities for both passive and active income which you can start making consistently and quickly when done properly. ME has provided solid returns to its investors over the years, averaging over 10% cash on cash, year over year, while property values have increased through the strategies of ME.