5 Best Investments For Passive Income 2022
It’s 2022 and up until this point, the only way you’ve been cashing checks is by busting your butt at work day in and day out. However, you’ve heard there’s another way. You’ve heard about this thing called passive income and you want your piece of the “make money while you sleep” pie. Well, you’re in luck because we’re about to go over the 5 best investments for passive income in 2022!
Investment #1: Real Estate
Look up any list of the top passive income investments and real estate is almost guaranteed to be there. This is for good reason. If you ask me, real estate is one of the most practical passive income investments you can put your money into. Let’s talk about why that is and also go over some of the downsides of this investment option as well!
However, before we begin, when I am referring to real estate in the context of making passive income for the average person, I am referring to leveraging a residential property to generate passive income. Now, of course there are other types of real estate like commercial properties and land but chances are those aren’t assets you have the means or the desire to own and as such we won’t address them.
Now that that’s out of the way, if you ask me, residential real estate is one of the most practical passive income investments you…