The Importance of Mid-Term Rentals

"I believe that mid-term rental is a fit. I think that that is something I'm really interested in," he says. "It's not something that you go invest in as your first passive income stream." The company recently invested in Bitcoin mining, but the price has since dropped to about $164.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

With talks of inflation and concerns over the banking sector, many people are on the lookout for any edge they can get to ease their financial burdens. In times like these, isn't it nice to have passive income streams and steady cash flow?

In today's episode, Russ and Joey discuss their Passive Income Report for April 2023. Along with showing the numbers, they walk through the different investment opportunities they have ventured into to give you insights on where you can get the most return from your investments.

If you're looking for ways to create passive income streams, this episode will give you some ideas on what's working in the current economy.

April 2023 Income At-A-Glance:

Gross Income for April: $148,241.85

Total Expenses for April:$113,517.69

Total Net Profit for April: $45,724.16

Difference b/t March & April: ($5,969.46)

% of net profit to overall gross revenue: 31%

Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

The hosts may have a financial interest in the programs or services mentioned in this episode.

Bluefishing: The Art of Making Things Happen by Steve Sims:

https://www.amazon.com/Bluefishing-Art-Making-Things-Happen/dp/1501152513

Relax, Recharge, & Re-energize at Scrub Island Resort:

https://www.scrubisland.com/

The Art of Passive Income Podcast by Mark Podolsky:

https://podcasts.apple.com/us/podcast/the-art-of-passive-income/id1125069143

Subscribe to Our YouTube Channel:

https://www.youtube.com/@WealthWithoutWallStreet

Check Out Our Monthly Passive Income Reports:

https://www.wealthwithoutwallstreet.com/passive-income