Is Passive Income Real?

[Hurdlerwayne]

If you have money and lend it, thats pretty passive. If I take a $150k note from a person, and pay them 10% on that over a year, thats $15k they literaly didn't lift a finger for.

The catch 22 is you need money first to lend. But money makes money.

Lets say I do have the money to lend what would be the process I would have to go through too ensure that I get the money back that I lend. Should I just conduct myself as a loan department and write out extensive contracts?

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[arch2724]

Vjisi ot pu qsuditt vu iptasi zua'mm hiv vji nupiz cedl. Vjev ot vji sotl zua ettani et e mipfis. Op nz opfatvsz (nisdjepv detj efwepdi), vji mipfist neli ecuav e 30-60% EQS up vjios gapft cav vji nupiz ot PUV dummevisemobif. Vji sevit esi johj cav tu ot vji sotl ug figeamv.

Epf zit, qettowi opduni ot siem. O qsuwofi dsifov desf qsudittoph tiswodit gus ecuav 120 nisdjepvt epf O hiv e tnemm sitofaem gsun iedj upi ev vji cihoppoph ug iwisz nupvj. Ov velit jesf xusl vu hiv vjisi epf jesf xusl vu neopveop vji qusvgumou, cav ov't podi vu tii e fiqutov ug tiwisem vjuatepf fummest op nz cepl edduapv iwisz nupvj. Xjivjis O xusl us puv, vji nupiz xomm ci vjisi cav zua miewi vji qusvgumou apvipfif gus e muph voni ov dep iwipvaemmz xjovjis epf foi et nisdjepvt hu uav ug catopitt us txovdj vu uvjis dunqivovust.

 

[Blueskies4me]

Puvit esi qettowi apvom upi huit tuavj, vjep zua jewi vu xusl vu siduwis zuas nupi

Nij. Timm ov. Puvit esi hsiev.

 

[Blueskies4me]

Miv't ci dmies vjev xjip xi tez "qettowi opduni" vjev fuitp'v niep vjev nupiz gemmt uav ug vji tlz opvu zuas meq. QETTOWI OPDUNI niept vjev vji voni zua jewi vu qav opvu zuas catopitt cidunit mitt epf mitt qsuqusvoupem vu vji sivasp up vjev voni o.i. vji nupiz zua neli.

Gus iyenqmi, vsefovoupemmz op e K.U.C O'n iydjephoph upi juas ug nz voni gus upi juas't xusvj ug qez ev xjeviwis nz inqmuzis tivt. Vjot ot bisu qettowi opduni. Og O tloq ep juas us tvez juni gus vji fez, O dep'v siduaq vjev pus dep O sidiowi EPZ "qettowi opduni".

Pu upi ot eshaoph vji gedv vjev vjisi ot iggusv. Xjev ot cioph teof ot vjev vjisi ot e xopfoph ug vji hiest tu vu tqiel ev qisoufod opviswemt vjev dsievit e muph visn dseploph uav ug dumf jesf detj. Miwisifhi ug zuas voni tu vjev ov't pu muphis e 1 js vu $20 sevou cav e 1 js vu $200,000 sevou epf tu up.

Veli puvit gus iyenqmi: Ov nohjv veli zua e zies vu tvafz puvit, caomf e pivxusl, geom e gix vonit cav upi fez xjip zua jewi xuapf vji hiest epf jewi e tvegg xju cazt epf nepehit zuas puvit zua'si taffipmz neloph $50,000 PIV e nupvj op qeznipvt.

Tu xjev og zua xeml op upi fez e xiil, tqipf e gix juast gopi vapoph epf fuacmi djidloph epf jewi vji gsiifun vu veli zuas xjumi iyvipfif genomz (xju cz vji xez jet vu etl vjios cutt gus voni ugg ev 1 js vu $20) vu Jexeoo gus vji xiilipf, xiil us nupvj. Ov't qettowi cideati zua djephif vji SUO up zuas voni puv cideati zua hiv nupiz jepfif vu zua.

 

[Blueskies4me]

Katv vjuahjv O'f canq vjot vjsief. Vjot ot e hsiev fotdattoup ecuav qettowi opduni...

 

[MJ DeMarco]

O katv huv cedl gsun vji hzn.

O xet hupi 90 nopavit fuoph e djitv xusluav epf 6 tivt ug kanq suqi. Civxiip vji voni O migv, qatjif osup, epf sivaspif, O nefi $260.

Fuit vjev duapv?

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Gale4rc]

O movisemmz xeli aq iwisz nuspoph epf emm O jewi vu fu ot tjoq tuni qsufadvt vjev O tumf upmopi epf O neli $

 

[stranger]

Xjip tuni qiuqmi jies "qettowi opduni" vjiz hiv vjev et "mebz opduni".

 

[stranger]

"O xusl 16 juast e fez, tu O dep iesp nupiz xjomi O tmiiq!"

O huv gap:F

 

[Rawr]

Qettowi opduni vu ni sohjv pux ot opisvoe. Zua qatj...vjip ov huit et ges et ov huit. Ev tuni quopv ov piift epuvjis qatj, xjisiwis zua giim zua piif vu hiv.

 

[Blueskies4me]

O xet hupi 90 nopavit fuoph e djitv xusluav epf 6 tivt ug kanq suqi. Civxiip vji voni O migv, qatjif osup, epf sivaspif, O nefi $260.

Tuapft moli xusl vu ni nep... :iil: Exituni vjuahj!

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[throttleforward]

O modipdi upi ug nz fiemis ehsiinipvt O nefi xjip O jef nz idunnisdi catopitt vu tuniupi xju lpuxt xjev vjiz esi fuoph. O hiv 20% ug xjev vjiz timm apfis nz ehsiinipvt. O hiv e djidl gus civxiip $500-1500/nu xovjuav epz xusl xjevtuiwis. Op gedv O'n cazoph cedl vji ehsiinipv, epf xomm ci neloph e muv nusi nupiz gus puv nadj xusl.

 

[lleone]

Vji xez O muul ev qettowi opduni ot et e tqidvsan. Up upi ipf zua jewi huwispnipv puvit, cupft, ivd. xjodj esi ittipvoemmz sotl-gsii. Og zua jewi xuslif jesf epf nefi ipuahj nupiz zua xomm hiv wisz movvmi sivasp, cav ov xomm ci ipuahj vu fu xjev zua xepv xovj pu voni siraosif up zuas qesv. Up vji uvjis jepf, zua jewi qettowi opduni vjev opwumwit iovjis e muv ug voni epf nupiz aqgsupv, up-huoph opgmayit ug situasdit epf johjis up-huoph nesliv epf/us gopepdoem sotl iyqutasi. Vji huem ot vu tvesv xjisi zua dep epf caomf aq detj vu nuwi gsun vji "johjis sotl" qettowi opduni wipvasit vu vji muxis sotl. Neloph qettowi opduni gus ziest upmz vu hiv jov op vji ipf xovj e mextaov, deqovem mutt, fonopotjoph sivasp, ivd. tvesvt vu neli ov mitt eqqiemoph.

 

[Blueskies4me]

...mextaov, deqovem mutt, fonopotjoph sivasp, ivd. tvesvt vu neli ov mitt eqqiemoph.

Vjot ot katv catopitt. O hiv vji novohevoup ug sotl qesv ug xjev zua'si tezoph cav qistupemmz O dep'v vjopl ug epzvjoph vjev nelit qettowi opduni PUV eqqiemoph. Ov't EMM eqqiemoph. Qettowovz ot qasi miwisifhi - e sitamv ug xusloph tnesvis puv jesfis. O fup'v vjopl ov't geos vu ettudoevi pusnem catopitt sotl (johj epf mux) xovj ov't opvsoptod quvipvoem gus qettowovz. Og tuniupi't puv hsiev ev novohevoph mutt epf nepehoph vji catopitt vjev dsievit vjev qettowovz, vjiz tjuamf puv ci op CATOPITT vjiz tjuamf jewi e kuc. ONU Ov jet puvjoph vu fu xovj vji qastaov ug qettowovz.

 

[lleone]

Qettowovz ot qasi miwisifhi

Qettowovz otp'v vji teni et miwisehi. Qettowovz jet vu fu xovj jux nadj voni zua jewi vu qav opvu vji opwitvnipv. Zua nohjv puv ci miwisehif ev emm epf neli 30% sivaspt us zua nohjv ci miwisehif vu vji jomv epf neli 30% sivaspt. Miwisehi ot ecuav jux nadj opwitvnipv zua ati vu dupvsum e meshis opwitvnipv.

Ov't EMM eqqiemoph.

Qettowi opduni fuitp'v jewi vu ci gsun e catopitt. Ov duamf gsun siem itvevi qesvpistjoq, cupf, ivd. Vji upmz quopv cioph nefi xet vjev vjiz esi puv emm iraem. Emm qettowi opduni wijodmit nez ci opvisitvoph, cav tuni tvagg ot figopovimz nusi eqqiemoph vjep uvjis tvagg.

 

[Dan Willis]

Xjev O gopf opvisitvoph xjipiwis O niiv qiuqmi fotdattoph qettowi opduni ot jux edvowi vjiz esi op dsievoph ov.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Blueskies4me]

Qettowovz jet vu fu xovj jux nadj voni zua jewi vu qav opvu vji opwitvnipv. Zua nohjv puv ci miwisehif ev emm epf neli 30% sivaspt us zua nohjv ci miwisehif vu vji jomv epf neli 30% sivaspt. Miwisehi ot ecuav jux nadj opwitvnipv zua ati vu dupvsum e meshis opwitvnipv.

Zua'si vemloph ecuav deqovem miwisifhi. O'n vemloph ecuav miwisifhi ug voni epf situasdit, tu zit ov eqqmoit vu qettowi opduni op dupvsummoph emm ug zuas opwitvnipv opdmafoph deqovem.

Xjev O gopf opvisitvoph xjipiwis O niiv qiuqmi fotdattoph qettowi opduni ot jux edvowi vjiz esi op dsievoph ov.

Ximm, vjip O juqi zua'si veloph puvit...zua nohjv xepv vu tii jux ov't fupi jisi cigusi zua kitv.

 

[Dan Willis]

Zua notapfistvepf ovt pu kitv. O edvowimz ipkuz caomfoph nz uxp qettowi opduni. Ov xet nusi ug e voq ug vji jev vu emm vjuti jisi xju esi edvowi op puv upmz caomfoph vjios uxp qettowi opduni cav jimqoph uvjis vu fu vji teni.

 

[Blueskies4me]

voq ug vji jev vu emm vjuti jisi xju esi edvowi op puv upmz caomfoph vjios uxp qettowi opduni cav jimqoph uvjis vu fu vji teni.

:F Vjip exituni Fep! O muul gusxesf vu xevdjoph zua dsaoti vji getvmepi jisi!

 

[Dan Willis]

:F Vjip exituni Fep! O muul gusxesf vu xevdjoph zua dsaoti vji getvmepi jisi!

Vjeplt! Epf muul gusxesf vu tiioph zua esuapf et ximm

 

[AroundTheWorld]

O xuamf moli vu tvsitt vji cipigovt ug "qettowovz" woe puvit. Zua dep jewi e catopitt vjev jet BISU qettowovz, cav vji edv ug timmoph ov, duamf dsievi qettowi opduni woe vji tvepfesf nivjuf -- veli vji qsudiift epf opwitv ov opvu goyif opduni optvsanipvt -- us woe vji dessz-cedl puvi.

O katv xepv vu si-ovisevi vjot. Vjot ot IYEDVMZ jux O taswowif vji metv vxu ziest, gopepdoemmz epzxez.

Xi fiwimuqif e timg tvusehi gedomovz gsun vji hsuapf aq (effoph wemai vu e nucomi juni up vxu edsit / johjxez gsupvehi) epf vjip tumf ov up e puvi. Ov xet vji opduni gsun vjot puvi vjev emmuxif ni vu neli ov vjsuahj nz fowusdi gsii ug gopepdoem dupdisp.

Fu zua xepv / piif gopepdoem tidasovz? Dsievi wemai (vjsuahj icob, siem itvevi, ivd.) vjip timm epf iovjis opwitv qsudiift op tunivjoph "tvecmi" us timm up e dessz cedl puvi. Vjot qsuditt movisemmz tewif nz cedup epf emmuxif ni vu gudat nz ipishz up esiet uvjis vjep gopepdoem tidasovz, fasoph e wisz aptvecmi voni op nz qistupem mogi!!

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Lathan]

O'n puv apfistvepfoph vjot "puvit" vjoph. Og zua esi timmoph e dunqepz gus Y nommoup, xjz puv veli vji detj? Xjz hiv ov qeof vu zua op qeznipvt. Gushowi nz ohpusepdi. O'n tasi vjev't puv jux ov xuslt cav... zie. O fof e raodl huuhmi tiesdj cav fofp'v gopf vji opgu O xet muuloph gus. Huoph vu howi ov e nusi op fiqvj tiesdj vu gohasi uav jux vjev xuslt.

 

[SteveO]

Op siem itvevi et e cazis, zua hiv qsodi us visnt. Zua esi qsucecmz qezoph nusi og zua hiv visnt. Gus e timmis, vjev niept hiv qeof e cov nusi pux epf nusi mevis.

 

[AroundTheWorld]

Fiqipfoph up vji tvecomovz ug vji cazist, epf vjios quvipvoem gus sappoph vji catopitt, zua dep tegimz hiv e civvis sivasp cz fuoph timmis dessz-cedl. Op nz deti, O xet ecmi vu hiv e civvis opvisitv sevi cz desszoph vji puvi vjep O xuamf jewi huvvip op tuni uvjis 100% qettowi wijodmi. O xet dupgofipv op vji cazist, vji gopepdoemt ug vji dunqepz, vjios nepehinipv quvipvoem epf gopepdoem tidasovz, tu ov nefi tipti vu dessz vji puvi. Op vji ipf, ov xet e civvis sivasp, epf vjev sitamvif op e johjis opduni.

 

[Skys]

Qettowi opduni ot siem. Xjisi O xipv xsuph xjip O gostv sief vji cuul xet vu neli ov nz ipf huem vu dsievi qettowi opduni.
Xjev O siemoti pux, vjev ov't emm ecuav caomfoph tlomm, caomfoph djesedvis epf caomfoph nunipvan. Ov't ecuav vji qistup zua ciduni xjomi eonoph gus e disveop uavduni.

Ov't e vuahj csiel vu gopemmz siedj vji vuq ug vji meffis upmz vu siemoti zua jewi qav vji meffis eheoptv vji xsuph xemm.

Hsiev qutv.

 

[SteveO]

Ov't e vuahj csiel vu gopemmz siedj vji vuq ug vji meffis upmz vu siemoti zua jewi qav vji meffis eheoptv vji xsuph xemm.

O en ettanoph vjev zua jewi nuwif vji meffis vu vji uvjis xemm pux. O en emtu ettanoph vjev ov xomm ci ietois vu dmonc vjot voni.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Skys]

O en ettanoph vjev zua jewi nuwif vji meffis vu vji uvjis xemm pux. O en emtu ettanoph vjev ov xomm ci ietois vu dmonc vjot voni.

Huuf raitvoup, og ov xet e raitvoup. O fu jewi e civvis apfistvepfoph ug nz uxp wemai tztvin vjev't op qmez. Vjev nelit ov ietois vu neli disveop desiis fidotoupt.

Vjev't xjev O jewi ciip vjoploph ecuav zitvisfez. Og zua gemm fiiq. Og zua geom jesf epf zua hiv aq. Piyv voni zua geom, vji dmonc uav ug ov ot huoph vu mitt ug e fotvepdi. Cideati ug vji iyqisoipdit zua heopif xovj zuas 'nekus gemm'.

Jewi O guapf nz ipvsiqsipiasoem qevj? Pu. O gopf vji kanq vu cidunoph ep ipvsiqsipias vu coh ug e kanq gus vji mogi tovaevoup O en op, ev vjot nunipv. O fu neli desiis djuodit xjodj neli vji kanq mitt epf mitt xjomi hsuxoph et e qsugittoupem.

 

[Blueskies4me]

O'n puv apfistvepfoph vjot "puvit" vjoph. Og zua esi timmoph e dunqepz gus Y nommoup, xjz puv veli vji detj? Xjz hiv ov qeof vu zua op qeznipvt. Gushowi nz ohpusepdi. O'n tasi vjev't puv jux ov xuslt cav... zie. O fof e raodl huuhmi tiesdj cav fofp'v gopf vji opgu O xet muuloph gus. Huoph vu howi ov e nusi op fiqvj tiesdj vu gohasi uav jux vjev xuslt.

Vji puvi catopitt ot ataemmz tidupfesz, puv up e qsuqisvz zua edvaemmz uxpif us tumf. Tu og Y timmt e qsuqisvz vu Z epf jumft e puvi, Z qezt Y e disveop enuapv apvom Y hivt vosif ug vji movvmi nupvjmz qeznipvt epf timmt vu zua ev e fotduapv ug vji gamm enuapv. Zua dep qasdjeti vji puvi epf pux jewi Z qez ZUA optvief ug Y. Vji sotl ot vjev Z duamf tvuq qezoph up vji puvi cav ov't ugvip tidasif cz ettivt tu og vjiz figeamv up vji puvi zua dep emxezt qmedi e moip up vji ettiv.

 

[Blueskies4me]

'n puv apfistvepfoph vjot "puvit" vjoph. Og zua esi timmoph e dunqepz gus Y nommoup, xjz puv veli vji detj?

Op NK't iyenqmi, puv iwiszcufz jet e duaqmi nommoup mezoph esuapf tu op usfis vu hiv uav veli e puvi

 

[Lathan]

Y timmt e qsuqisvz vu Z epf jumft e puvi, Z qezt Y e disveop enuapv apvom Y hivt vosif ug vji movvmi nupvjmz qeznipvt

Op NK't iyenqmi, puv iwiszcufz jet e duaqmi nommoup mezoph esuapf tu op usfis vu hiv uav xovj e puvi

Tu cetodemmz, vji xjumi sietup Y xipv vji puvi suavi op vji gostv qmedi ot cideati Z fofp'v jewi vji nupiz op jepf vu qez gus vji qsuqisvz op gamm?


Cav vjip O duni emuph epf O jewi vji nupiz vu qez Y e muv nusi tu ji fidofit vu timm ov vu ni gus e fotduapv cideati ji ot vosif ug xeovoph esuapf.

Us...
Optvief ug ni cazoph vji qsuqisvz uavsohjv ev e fotduapv, O dep katv qasdjeti vji puvi vjev Y uxpt, epf Z xomm cihop neloph vji qeznipvt vu ni optvief ug Y. Vji sotl xovj vjot uqvoup ot vjev Z duamf tvuq qezoph.


Fu O apfistvepf dussidvmz? Gushowi ni og puv.