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 : ððĒð§ðððē ðĐððŦððð§ð ðĻð ððĨðĨ ðĶðĒðĨðĨðĒðĻð§ððĒðŦððŽ ððððĻðĶð ðŽðĻ ððĄðŦðĻðŪð ðĄ ðĻð°ð§ðĒð§ð ðŦðððĨ ððŽðððð. ððĻðŦð ðĶðĻð§ððē ðĄððŽ ðððð§ ðĶððð ðĒð§ ðŦðððĨ ððŽðððð ððĄðð§ ðĒð§ ððĨðĨ ðĒð§ððŪðŽððŦðĒððĨ ðĒð§ðŊððŽððĶðð§ððŽ ððĻðĶððĒð§ðð. ððĄð ð°ðĒðŽð ðēðĻðŪð§ð ðĶðð§ ðĻðŦ ð°ðð ð ðððŦð§ððŦ ðĻð ððĻðððē ðĒð§ðŊððŽððŽ ðĄðĒðŽ ðĶðĻð§ððē ðĒð§ ðŦðððĨ ððŽðððð. ~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 âïļ 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
