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The Philosophy of Monthly Income from Real Estate – Part One
Success is often gauged by one’s income. That’s just the way of the world, regardless of how much you agree with it, and it is important to understand that there are several forms of income. Most traditional careers or means of earning a living focus on one particular income stream, that being the type where you trade time or effort for compensation.
Look at a traditional job. You spend a certain amount of time and effort and you get a paycheck as a result. If you don’t work, you don’t get paid. Employers (at least some, anyway) work to help their employees create a better tomorrow through building of retirement accounts. These represent a sort of asset that is cashed in later in life to replace a previous income source.
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