Creating passive income

07 Aug Creating passive income

If you are looking for a way to generate passive income, why not consider becoming a lender?

There are various ways to do this, including selling land with financing and purchasing mortgage notes.

The point is this: you work once and get paid multiple times.

This is not true passive income, because it is temporary (the length of the contract) but it is a million times better than working for a salary, where if you stop working you stop getting paid.