Month: May 2021

Truck Investing for Passive Income: 3 Strategies that Work

Interested in learning how you can make passive income by investing in trucks? Sounds a bit odd, I know, but there are some great ways to do this (and the ROIs can be impressive).  In this article, we will discuss 3 strategies that you can use to generate passive income through truck investing. We will …

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How to Start a Mobile Billboard Business in 7 Easy Steps

Did you know that billboards are now mobile? That means you can buy a truck that has billboards on the side and sell that advertising space to companies.  This is a big deal because one of the hurdles in getting into the billboard business is finding a location that allows billboards. Most municipalities have very …

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Best Absentee Businesses of 2021 [Incl. 12 Examples]

Want the incredible ROI of a profitable business but don’t want the headaches associated with running one? The absentee-run business may be perfect for you.  An absentee business is one where the owner does not run the day-to-day operations of the business. Instead, they have a management team and employees performing this essential function.   If done …

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Start a Passive Self-Storage Business: 7 Easy Steps!

Want to own a profitable and passive real estate business where you don’t have to deal with tenant complaints, broken toilets, and the usual hassles that come with managing rental properties? The unmanned self-storage unit facility may be the perfect passive income solution for you. With this type of self-storage operation, you can enjoy a …

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Best Passive Income Businesses [12 Examples]

Want the high ROI of a profitable business but don’t want the headaches associated with running one? A passive income business may be perfect for you.  It’s as close as you can get to having your cake and eating it too.  So how do you figure out which businesses are compatible with generating passive income?   The …

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Get Paid to Be Someone’s Friend [Incl. Tips to Max Your Income]

If you have some spare time, enjoy being with people, and want to make some extra money, you can get paid to be someone’s friend by renting out your companionship.   There are several online “rent-a-friend” platforms out there that specialize in connecting people who want a friend with people willing to rent out their friendship …

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How to Use Debt to Create Passive Income: 6 Ways That Work!

Most people view debt in a negative light.  But the prudent use of debt to buy income-producing assets is a proven path toward building wealth. I used this basic principle to dramatically grow my net worth in a fairly short span of time. In this article, we will cover how to use debt to create passive …

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Why Passive Income Is Important: Plus 6 passive income ideas that work

Passive income is the pinnacle of personal finance. That’s because it gets you to the final destination along your financial journey.  Here’s what I mean. Most people spend their entire life working at a job. They are at the mercy of their employer and, while some people love their job, many don’t.  They tolerate it …

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