Managing a Van Rental Business | 12min snip from The Wealth Without Wall Street Podcast

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Growing Passive Income While Still Losing Money

The Wealth Without Wall Street Podcast

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CHAPTER

Managing a Van Rental Business

In this chapter, they discuss the process of managing a van rental business through a local team. They talk about dropping off the van with the team and different rental plans on Turo. They also mention switching to a higher deductible plan.

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Wouldn't it be nice to have money coming in without you working endless hours to earn it? Many people dream of having that mailbox money lifestyle, but not everyone knows how to start. Some wonder if that's even possible. Others hesitate to invest for fear of losing their hard-earned money. But you can definitely grow your passive income while still losing money.

The cash flow from passive income sources requires some work initially, but once established, it takes little to no time to maintain. Some common ways to earn passive income include investing and starting a business that can mostly run itself, or you can hire a team to run the company for you.

In this episode, Russ and Joey share their passive income sources and lessons from investing in different investment opportunities. Tune in to know more about growing your own passive income.

Top three things you will learn: