Earn $55k a year in rental income

Retiring on a passive income from a well-designed property portfolio sounds like the dream end to a lifetime of hard work. And you don’t have to be a millionaire to make it come true. In this issue of Money Magazine, Bryce Holdaway is asked to demonstrate how some forward planning and the use of smart strategies show how three typical Australian household can keep the money rolling in via their rental income. In  Here’s a snippet of this article:

“Have you ever found yourself daydreaming about earning an income without needing to drag yourself out of bed each day to trade your “time for money” to receive it? What if you had your money working for you, instead of you working for it? Imagine a passive income that turns up in your bank account whether or not you roll our or role over each morning? In the 1990s, Canadian supermodel Linda Evangelista became famous for the comment…”

Click on the image to read the rest of the article.