Many people throw around the word passive income like it doesn’t require effort to maintain and get the right returns. Those who have been on the passive side of investing would know this to be false. Unlike what many think, trying to earn passive income can still be a challenge because often, expenses eat the investments up. So is true passive income achievable? In this solo cast, Mitch Stephen talks about passive passive income and how you can achieve that with way bigger rates of return. At the core of this episode is loaning your money out on real estate. Mitch tells us more as he discusses the Loan-to-Value ratio and private lenders as well as who loans their money and who to loan your money to.
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