News for hackers. Stuff that matters.

A comment on Ask HN: What are your best sources of passive income?.

Re:Ask HN: What are your best sources of passive income? by brianwawok on Thursday March 23, 2017 @12:40PM (#13941406)
My retirement stock account invested in large index funds. I guess my savings account earns 1% interest also.

Any other source of income I have is not passive. Question people when they talk about passive income renting out an apartment building. Find out who is calling the plumber at 3am when a pipe bursts, and ask how passive that is?

[ Parent | on HN ]
Re:Ask HN: What are your best sources of passive income? by squds on Saturday March 25, 2017 @11:26PM (#13958942)
Most of the people who do that seriously use a property management company that deals with all of that and finding new tenants when needed. Less profit, but makes it pretty passive if you want it to be.
[ Parent | on HN ]