11 Different Ways to Build Passive Income

Building passive income streams is something that many people want to achieve. But first, let's be clear that passive income ideas require an upfront monetary investment or time investment. How do you start investing in something that will bring you consistent income without much effort on your part?

In this episode, Russ and Joey talk about their 11 passive income streams, which brought them $523,201 net income for 2022. Listen up as they discuss the pros and cons of investing in each income stream and see if something would work for you. Focus on one thing at a time, then explore other opportunities as you grow your wealth.

Here are the 11 Ways to Build Passive Income:

Land Flipping
Short-Term Rental
Management Business
Cryptocurrencies
Syndications
House Flipping
Long Term Rentals
RV Rental (Cousin Eddie)
Information Business
Ecommerce
YouTube

Top 3 Things You’ll Learn:
Different paths to financial freedom
Why you need to invest in experts/ hire an operator
The right time to create a course

Take Advantage of a Free Financial Strategy Call:
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Turn Active Income Into Passive Income:
https://go.wealthwithoutwallstreet.com/PIOS

Determine How Close You Are to Financial Freedom:
https://go.wealthwithoutwallstreet.com/quiz

Learn How to Invest in Real Estate with The Land Geek:
https://www.thelandgeek.com/

Short-Term Rental Course:
https://www.wealthwithoutwallstreet.com/strcourse

Apply to Join the Passive Income Mastermind:
https://www.wealthwithoutwallstreet.com/wwws-passive-income-mastermind

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15:12 - How do I get the short-term rental business going?
17:10 - How does this help you?
19:48 - What are your thoughts about our investment in cryptocurrencies in 2022?
21:36 - Why are we building passive income?
40:24 - How does our information business affect you? How do you make an application to something you can do with what we've learned?
42:43 - What tips do you have for somebody who's into course creation?

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www.wealthwithoutwallstreet.com/podcast/11-different-ways-to-build-passive-income

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