How To Generate Passive Income In 2022

Liam takes a deep dive into the thought-provoking question: is a buy-to-let investment actually an effective way of providing you with passive income? KEY TAKEAWAYS Passive income is the art of taking a single action, and having that result in repeating income for yourself. Buy-to-let is not 100% passive, as there is always something to do. However, they can be extremely close to providing passive income. Think about unemployment rates. Always buy in areas where there is good employment. The main reason for landlords losing out on rental payments is that they invest in areas where the tenants simply cannot pay. Focus on areas where there are good stock levels of property. Once your momentum begins, you will quickly be able to invest, scale and grow!  BEST MOMENTS 'You can build a successful property portfolio by doing less and earning more' 'My tenants I see as customers and assets' 'Demographic breakdown is very important' 'I don't advise the scattergun approach'  VALUABLE RESOURCES The Dealmaker Podcast - https://omny.fm/shows/the-deal-maker-by-liam-ryan Assets For Life - https://assetsforlife.co.uk   ABOUT THE HOST You're listening to The Deal Maker podcast with Property Expert, Property Multi Millionaire and Joint World Record Holder Liam J. Ryan. If you want to become a master negotiator, close more property deals, become a great salesperson and live a better life then The Deal Maker podcast is for you. Liam is a property investor, business owner and Entrepreneur helping people make more money and live a happier life CONTACT METHOD Instagram - https://www.instagram.com/liamjryanwealth/ Facebook Page - https://www.facebook.com/LiamJRyan.AFL Facebook Personal - https://www.facebook.com/profile.php?id=100010124928017

Om Podcasten

You're listening to Beyond the Hustle podcast with Business Owner, Property Multi Millionaire and Stock Market Investor Liam Ryan. If you want to become a master investor, close multiple property deals, become a great salesperson and live a better life then the Beyond the Hustle podcast is for you. Join us as we sit down with amazing guests, from inspiring entrepreneurs to Liam own mentees. We are very grateful to have hit #16 in the Investing category on iTunes within our first 24 hours of launching! Thank you to all our initial listeners, and also thank you for your support if you're listening for the first time.Want in on the property action? Join one of our FREE game-changing events! Hit the link and let's make things happen! - https://www.assetsforlife.uk/optin69htrmle Hosted on Acast. See acast.com/privacy for more information.