How can I make a general passive income method profitable in the long run?
Good Question!
You want to consider purchasing corporate income bonds and also investing as a limited partner in real estate deals. These are both very solid methods of investing for passive income.
Both also can be held for the long term. On the bonds you don’t want to buy government bonds as the returns are far too low to provide adequate passive income compared to corporate income bonds.
With being a limited partner in an apartment community you won’t ever have to deal with a tenant or toilet or listen to a property manager tell you about what is happening with the tenant or toilet.
If your question is about how to create passive income the easiest way is to buy it not create it. Buying it can be done if you don’t have cash but it takes some training on how to financially structure and repackage the deals. If that is what you are asking about, you need to find a passive income mentor.
I wish you good luck with your investing!
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