Is building an apartment complex a way to generate a passive income?
Good question!
No, development is not passive income.
Passive income is where you place the money and then immediately receive income without having to wait for something to happen like a construction project to be completed.
The two best forms of passive income are corporate income bonds and multifamily investments where you are a limited partner in apartment communities that are over 100 units in size.
If you would like to learn more, please go to www.benjaminzmiller.com and request “Benjamin Z Miller’s Passive Income Guide” by filling out the contact form. The guide is completely free and has more information on the types of passive income investment that I like to invest in.
I hope that helps and good luck with your investing!
Benjamin Z Miller
www.benjaminzmiller.com
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