How to Create Passive Income for Intermediates - MFI Series1, #152

It's time to step up our Passive Income game. We are progressing into deeper topics today as we jump into income investing, REITs, and royalties. A misconception is that you need a lot of money to get started with real estate. Nope. Real estate is a mindset. Having a roommate paying you $500/month is the same as owning a home that nets $500/month. Income investing can be risker than dividend growth investing because the high-yield securities are more sensitive to external market forces.
However, if you understand the overall investing landscape, you can do quite well. Starting an automated business and creating royalties are vital to our long-term survival. Let's keep it simple for this round. We want to ensure our business can survive for as long as we need it to last.  Join me inside if you love the idea of passive income and getting paid while you build even more income streams!