Why Real Estate is IDEAL- Income: Sweet Rental Income for Passive Income Living - MFI Series1, #33

We should all be on our way to building streams of passive income. I've been writing away for over a year now, and hopefully, you've got the passive income mindset from me or someone else. One of the best sources of passive income is real estate. In fact, real estate is the IDEAL (Income, Depreciation, Equity, Appreciation, Leverage) source of additional revenue. Today, we look at that sweet Income from rents.
Nice, consistent income that can help you build a solid retirement. I break the income down into three types; single-family, multi-family (2-4 units), and commercial (5+ units). Depending on your cash flow needs, you can choose the best source to help you achieve greatness.