17 07, 2023

Self-Storage Conversions: How One Entrepreneur Sailed to a Real Estate Empire

2023-09-14T19:42:19+00:00July 17, 2023|0 Comments

Erik Hemingway never planned on becoming a self-storage conversions expert. His background was in building custom homes in Arizona. But in 2006 he took a chance on a new business venture that ended up being incredibly lucrative. On a recent episode of the Truly Passive Income podcast, Erik shared his journey [...]

1 07, 2023

The Four Ways Real Estate Makes Money

2023-09-27T21:16:55+00:00July 1, 2023|0 Comments

Real estate can be an extremely lucrative investment if you understand the four primary ways it makes money for investors. Discover how leverage, appreciation, tax incentives, and cash flow all contribute to generating wealth for real estate investors. In a recent Truly Passive Income podcast interview, hosts Neil Henderson and [...]

28 06, 2023

Passive Income vs Residual Income: Understanding the Difference

2023-09-18T22:34:46+00:00June 28, 2023|0 Comments

Passive income is often touted as the holy grail of financial freedom. The idea of earning money with little effort is alluring, but what actually qualifies as true passive income? Residual income is what most people refer to as “passive” income, but true passive income, on the other hand, solely [...]

27 06, 2023

Passive Real Estate Syndication: Achieve True Passive Income

2023-09-14T20:19:57+00:00June 27, 2023|0 Comments

In recent years, passive real estate syndication has piqued the interest of many looking for true passive income, especially in the realm of real estate investing. But is passive income a myth? Many use the term "passive income" when they're actually referring to residual income, which comes after significant work. [...]

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