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RE: What Would You Do With $10k Per Month Passive Income?

in LeoFinance2 years ago (edited)

Some backstory first - A year and a half ago when the price of Splinterland assets shot through the roof, I decided to sell everything I had held for years. My goal was to take some of that money as well as some Hive and trading profits and invest in an apartment so I would stop paying rent. I did that but quickly realised that instead of living there I could rent it out and offset my own rent.

Which brings me to the question, what would I do with $10,000 passive income?

  1. I would replicate the same model with the passive income purchasing a series of bedsitters, 1 and 2 bedroom apartments in high demand areas.

  2. From that income, I would pivot to stand alone houses.

  3. Finally, combine all that income to buy land and build my own sustainable gated development which has always been a longstanding dream of mine.