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How to Create Passive Income with Real Estate
Real estate is a great resource for creating passive income. It’s not an investment, but it does produce some income and is usually a very stable source of income. This blog aims to teach you the tricks to creating passive income in the real estate industry. How much passive income can you expect from a rental property? Well, the answer depends on whether you own the property or are a tenant. According to a Harvard University study published in the Journal of Economic Perspectives entitled “Rental Income, Capitalization Rates and the Rich-Poor Wage Gap,” renting a two-bedroom apartment in the United States provides a minimum income equal to the federal…
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Should You Have an Extension or Conservatory to Extend Your Home?
Everyone wants to extend their home, whether it be to add extra rooms or make it larger. This is a perfect time to consider an extension or conservatory, which are the two most popular options on the market today. What does extension mean? Are you in need of an extension or a residential reconstruction? If you’re ever going to go ahead and do this kind of work, you’re going to have to have an expansion in your home’s surface area. While on the outside, it may seem counter-intuitive to build out an extended space, in this age of modern living, an extension sits hand-in-hand with the technology that allows us…
