This is a mobile app describing tips for making passive income. We want to share with you how we were able to make passive income and the documents that you need to accomplish it. Most of the documents are user friendly and fill in the blanks.
Rent to Own (Lease with Option to Purchase) method is a good tool to create passive income. This method is especially beneficial (a) if you are trying to sell your own home and can not get the price you want for your property (b) if you want to buy a home where you have special documents to your benefit (c) if you want to sell a home and have different documents to your advantage (d) if you want to become a Real Estate Investor and/or Landlord.
Rent Out Your Room – If you need to generate additional income renting out your room is an easy way to make your mortgage payments. It is also beneficial if you travel and are away from home for months at a time. Snowbirds find this method advantageous when they go away for the winter.
Mind Your Own Business – Our goal was to figure out how we could be snowbirds, leave for the winter and still be able to operate a business. This information is extremely beneficial if you want to step away from your business and let it run on its own yet still create income for you.
For Rent documents are very important when you have tenants. Failing to have the correct documents could mean the difference between tenants creating problems and tenants that make your life tranquil and at the same time take care of your investment.
Real Estate Investing – If you want to buy rental properties then these documents are for you. Learn how to buy and sell property on your own. Even if you use a Realtor, on occasion, these documents are still very helpful. You will be in the drivers seat.