According to Robert Kiyosaki, there are 3 types of income; 1. Ordinary Income : income you get when you work for money. 2. Portfolio Income : this you get anytime you buy low and sell high...when your money works for you,instead of you working hard for money. 3. Passive Income : this is income/cash flowing from an asset. Your asset is producing money. In real estate, passive income is called Rental income. The Rich work for portfolio Income and passive income. Ordinary Income is the highest taxed of the three incomes. The gap between the rich, poor and middle class begins from what type of income they work for/from. Why am I sharing this with you ? Simple... So that you can ponder on it. Check this : 𝐍𝐢𝐧𝐞𝐭𝐲 𝐩𝐞𝐫𝐜𝐞𝐧𝐭 𝐨𝐟 𝐚𝐥𝐥 𝐦𝐢𝐥𝐥𝐢𝐨𝐧𝐚𝐢𝐫𝐞𝐬 𝐛𝐞𝐜𝐨𝐦𝐞 𝐬𝐨 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐨𝐰𝐧𝐢𝐧𝐠 𝐫𝐞𝐚𝐥 𝐞𝐬𝐭𝐚𝐭𝐞. 𝐌𝐨𝐫𝐞 𝐦𝐨𝐧𝐞𝐲 𝐡𝐚𝐬 𝐛𝐞𝐞𝐧 𝐦𝐚𝐝𝐞 𝐢𝐧 𝐫𝐞𝐚𝐥 𝐞𝐬𝐭𝐚𝐭𝐞 𝐭𝐡𝐚𝐧 𝐢𝐧 𝐚𝐥𝐥 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 𝐜𝐨𝐦𝐛𝐢𝐧𝐞𝐝. 𝐓𝐡𝐞 𝐰𝐢𝐬𝐞 𝐲𝐨𝐮𝐧𝐠 𝐦𝐚𝐧 𝐨𝐫 𝐰𝐚𝐠𝐞 𝐞𝐚𝐫𝐧𝐞𝐫 𝐨𝐟 𝐭𝐨𝐝𝐚𝐲 𝐢𝐧𝐯𝐞𝐬𝐭𝐬 𝐡𝐢𝐬 𝐦𝐨𝐧𝐞𝐲 𝐢𝐧 𝐫𝐞𝐚𝐥 𝐞𝐬𝐭𝐚𝐭𝐞. ~Andrew Carnegie I can share with you 5 reasons why this is so... 1. Guaranteed Passive Cash flow. 2. Appreciation. 3. Real Estate is a "Feel Good Business". 4. Leverage. 5. Tax Benefits. To learn more and get free advisory on how you can get started easily, feel free to contact #realestatedoctor Adesina Mobarak ☎️ 08066143574 #Memoriespremierproperties #income #typesofincome #robertkiyosaki #whythericharegettingricher #knowledge #cashflow #Realestatetips #sundayservice2021 #realestateinvesting #financialcoach #finance #retirementplan #money #nigeriacivilservants #futureplan #planB #Nigeria #Oppurtunitiesinrealestate #Nigeriqnsindiaspora (at Victoria Crest) https://www.instagram.com/p/CQDz7psL3jQ/?utm_medium=tumblr
