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19196455 No.19196455 [Reply] [Original]

passive income,

anyone actually get there? post your examples or good ideas

>> No.19196481

I have an learning course on blockchain

> because I actually work in blockchain

Trying to make it take off. Have some plans.

>> No.19196503
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19196503

landlord here, got 4 flats plus one to live in. you need minimim 1.5mil to get around 30-40k pa, anyone who says different doesn't know the EU rental market. so while I've technically "made it", I live a frugal lower middle class life. no waging though + 6 fig link stack

>> No.19196521

>>19196503
where in eu? you don't have any debt on on your flats? fully paid?

>> No.19196593

>>19196455
I get 800 free leafbucks a week thanks to my commie overlords.

>> No.19196594

>>19196521
Germany, fully paid no debt

>> No.19196606

>>19196594
why wouldn't you take advantage of debt? how old are u and where did u get 1.5m

isn't the interest rate in germany below 2%

>> No.19196678

Passive income is a meme

>> No.19196719

>>19196503
True, burgers and britfrags don't get it though. Their housing market is a ponzi scheme.

>> No.19196819

>>19196503
And don't you think it would be way more efficient to have that 1.5 mil invested in world stock market index?

Ok, you might get slightly less returns, but also less hassle, way more diversified and extremely liquid.

So why bother with real estate at all unless you have some specific market advantage?

>> No.19196843

>>19196455
>Own apartment in Copenhagen, Denmark.
>Airbnb it out
>get company to do everything

I make (b4 corona) $1,3k a month after taxes and fees. I could increase that if I wanted to do it myself but I dont have time..

>> No.19196874

>>19196455
I make about 2K per month on Aave by just holding 40,000 USDT

>> No.19196915

>>19196843
what company or where to find a company that runs airbnbs for you? how big of a cut do they take? I wanted to do airbnbs but didnt want to invest my time if the rentals are on average 2-3 days max, but your income looks nice, how much would you make if you rented longterm?

>> No.19196921

O is practically on sale right now in the stock market.

>> No.19196950

>>19196874
How are you guaranteed the borrower will pay back? can't anyone just go on there and borrow max amount and never have to worry about it again?

>> No.19196951

>>19196874
dafuq? how? What is the rate and what are you holding?

>> No.19196972

>>19196455
That's a man

>> No.19196979
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19196979

>>19196950
>>19196951

>> No.19196995

>>19196951
>I make about 2K per month on Aave by just holding 40,000 USDT
>what are you holding?

>> No.19197000

People here will tell you differently for the memes, but if you don't want to give a shit you can put your savings every month on a globalist and boring ETF that will continuously grow. You will only get it back when you sell it, so it's guaranteed income, though.

>> No.19197003

>>19196979
what is the likeliness you lose everything? as a borrower what are you required to do to borrow?

>> No.19197082

>>19197003
i have no idea regarding borrower but i would assume you have a sort of index that show your level of over exposure. It doesn't matter In my case i just deposit and collect in real time.

>> No.19197095

https://m.youtube.com/watch?v=vb1UcYKHCko

>> No.19197120
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19197120

>>19196606
40
I should take advantage of debt but I don't want to owe anything to anyone
>where did you get 1.5m
it's true when people say no one earns wealth, it's either luck or doing dirt - for me it's a combination of both, fuck normies

>> No.19197151

>>19196819
true, and any future money I make from crypto I'll invest in non real estate assests but at the time when I got the flats, it was 2009 and property was cheap AF. all of my experience was in real estate at that point & all of my properties have more than doubled in value since then

>> No.19197268

>>19196979
Wait you can get 17.37% monthly interest by holding sUSD?

>> No.19197348

>>19197268
yeah but i'd go for a bigger market size

>> No.19197358

>>19197268
that would be a 550% compound interest in 12 month, there has to be a catch or big risk involved, probably why he spreads it over so many stablecoins

>> No.19197376

>>19197268
imagine believing you can tripple your money every year doing nothing

>> No.19197460

>>19196678
wagecuck detected

>> No.19197516
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19197516

>>19197376
hehe yeah anon that shit never gonna happen

>> No.19197567

>>19197120
unironically this, I know of a dude that has a forestry business that easily brings in probs £250k legit profit for him every year.

This guy is also unironically one of the most professional level drug dealers I have also ever met in my life whom also owns lots of properties that he washes this dirt money through, knowing where he lives and what his portfolio looks relatively like, I would say the 'dirt' nets him probs around £1m per annum.

>> No.19197632

>>19196979

wait, am I retarded? How can you generate 2k usd a month off of 40k usd with an average depositor APY of like 5%?

>> No.19197653
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19197653

wink.org sir

>> No.19197655

At age 25, ten years ago, I was unexpectedly given $500,000 from the sale of a family business. I put $400,000 down on a Seattle apartment priced at $800,000. Yes, I minimally leveraged myself so I could have better cash flow. $50,000 more went to immediate repairs. It is now valued at $1.3 million. It cash flows $3,000 per month. I also work full-time but it has allowed my wife to not work, i.e. given us a traditional lifestyle. I work "helping the needy," i.e. I don't have to make career choices based in maximizing income. Zero debt. We live in an area with a much lower cost of living than Seattle. Knowing I could survive awhile on my passive income and savings has empowered me to be bolder in career moves.

Four residential tenants and one commercial in the building. 1970s construction.

>> No.19197688

>>19197655
man gotta say myself this sounds a pisspoor use of the money but I will also say you sound content and happy so thats all groovy I guess. We would all do different things with a big wad of cash, look at all the people who 'made it' in 2017 and now down to their last 20k

>> No.19197716

Annon your living the dream :)

>> No.19197735

I have 750k chainlink (bought in ICO)

Running a chainlink node earning 50k a year. Expect that to grow rapidly

>> No.19198592
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19198592

>>19196455
bizcoin staking seems to have a pretty decent rate

>> No.19199029

>>19197735
Linkpool? How many LP do you hold?

>> No.19199381

>>19196915
>b4 corona
Did you miss that part?

>> No.19199961
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19199961

>>19196979
HEY there! Name’s Elon and I’m throwing a crypto party of sorts are you interested big guy...?

>> No.19201013

>>19196979
This guy is retarded. It is interest rate for the year APY not per month kek.

$40,000 of 5.79% APY is $2,316 a year.