Investing for Passive Income: Small vs. Big Deals
Manage episode 421135913 series 3556396
If you’re worried about saving enough of your earnings to meet your financial goals, building wealth through passive income might appeal to you. But which passive income idea should you pursue? Does the size of your investment matter?
In today's episode, Russ and Joey discuss some of the small and big deals they have been considering and the income potential of each transaction. They also discuss their different passive income sources and what they earned for April 2024.
While many of their investments have been successful, a couple have not performed as well as expected.
Top three things you will learn:
-Comparing small and big deals
-The upside of hiring an operator
-Passive income ideas that have been consistently making money
April 2024 Income At-A-Glance:
Gross Income for April: $56,160.00
Total Expenses for April: $13,152.81
Total Net Profit for April: $43,007.19
Difference b/t March & April: ($4,170.24)
% of net profit to overall gross revenue: 77%
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