How I Earn $5,800/Month In Passive Income | F.I.R.E

[@Kaitlyn-z5j]

Basically rental income

[@CHENTIA4735]

你这$5800只是rental income吧。我去年rental income $300k。扣掉各种支出后平均每月也就$6000净收入，而且要管的事情也不少。passive只是irs这么认为的，其实没那么passive。现在这个市场要重复早些年的简单粗暴模式现在不太适用了

[@69318]

Did your tenants pay during Covid? I found dealing with tenants is so exhausting and not worth the effort, not to mention the ongoing maintenance or the wear and tear on the properties. My other family member invested with SP 500 and has done just as well, but without the headaches. His dividends are his passive income and his gains are impressive too.

[@betterbecome6373]

What does your family member buy? Voo?

[@69318]

@@betterbecome6373 A lot of his money is in VOO and Total Market . He owns only 2 stocks. He bought Tesla in 2012. He bought Palantir in 2022. He retired in his 30's. He sells his stocks a few times a year and adds the proceeds to his VOO.

[@freedomlifebyariel]

It’s always good to diversify.

[@xiaohuili4740]

谢谢Ariel🎉！求联系方式😊

[@bestdu1]

问题是，扣除了贷款的利息，房产税，房子的维修费用，其实每个月剩的钱并不多。 德州还好，在加州一不小心遇到个租霸麻烦死了。。。。。

[@nickolashuffington3651]

怎么还越来越美了呢 是我眼花吗

[@bluwolfish]

请问5800是net income嘛，还是没有算各种expenditure的？（我自己也是在湾区准备在休斯顿买第一套房，看你的第一套房也在休斯顿顿时有一种亲切感哈哈）

[@freedomlifebyariel]

5800 是房租还没有剪掉开资。

[@bluwolfish]

@ 好的！谢谢你的信息

[@Jennifer-n6k3w]

Great analysis, thank you! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (mistake turkey blossom warfare blade until bachelor fall squeeze today flee guitar). What's the best way to send them to Binance?

[@BrentCowan-b3u]

I'm so happy I made productive decisions about my finances that changed forever. I'm a single mother living in Vancouver Canada, bought my first house in October and hoping to retire soon if things keep going smoothly for me.