Navigating the Ups and Downs of Investment Properties | 7min snip from The Wealth Without Wall Street Podcast

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Investing for Passive Income: Small vs. Big Deals

The Wealth Without Wall Street Podcast

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CHAPTER

Navigating the Ups and Downs of Investment Properties

This chapter details the challenges faced with a troublesome investment property, frustrations with low rental income, missed opportunities, and the process of selling the property. It also discusses a successful venture with a purchased website generating passive income, emphasizing the significance of business knowledge and the learning curve involved.

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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%

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.

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