passive income

standard Turn Your Vacation Home into an ATM

Jake Swank thinks it’s plain silly to own a vacation home and let it sit there twiddling its thumbs, costing you money the majority of the year. Swanky people have got to change their way of thinking. A vacation home shouldn’t be an expense – it should be an ATM.
The great thing about vacation homes is, well, they’re vacation homes. The kind of crappy thing about vacation homes is they cost money to maintain. Sometimes a lot of money. The good news is that a proper income property investing strategy teaches you how to earn money renting out your vacation home during those times of the year when it’s not in use, which, frankly, is usually quite a bit of the time.
Are you wondering if there’s really a …

standard 4 Ways to Produce Income (Which Do You Prefer?)

We’ve always been of the opinion that the swankiest lifestyle of all is the one that allows you to work less and earn more. Sounds like an oxymoron, doesn’t it? But to those lucky few who have set up shop in the land of passive cash flow via income property investments, it’s a reality. There are essentially four ways to produce income in this world (leaving out the trust fund kids and welfare recipients). Let’s take a look at each and decide which path a real swankster chooses.
Employee (Time = Money)
There’s no shame in working for an hourly wage. You’re in good company with the majority of the population. The only problem is that your wealth is limited by the number of hours in a day. You might …