Make Passive Income Renting out Tenant-Occupied Homes with Roofstock

These days thriving on a single income source is very difficult. We all need sources of passive income to help make ends meet and take a breather. Plus, if you have the aptitude and drive, you can build these streams of income into something a lot bigger.

Real estate is perhaps the ultimate source of passive income. However, for people with modest amounts of money to invest, dividend stocks is usually their only option. That is until new innovative businesses like Roofstock made owning income-producing houses more accessible than ever before. With Roofstock, any real estate newbie with an internet connection can buy a rental property with a tenant already in place, in another state where it may be more affordable and just a better deal.

Rental Properties as a Passive Source of Money

If you don’t know why simply owning a home is such a great investment, there are millions of pages worth of knowledge on the topic you can soak up over a lifetime. Here’s just a few reasons:

1) Real estate usually appreciates over time, because land is a scarce asset.

2) Tax write offs can help offset the costs of repairs and other expenses.