insurance coverage, rental property, commercial property, loss of income insurance

3 Insurance Coverages Rental Property Owners Need

3 Insurance Coverages Rental Property Owners Need Owning rental property is a great way to create passive income.  One thing many investors frequently take for granted is what type and how much insurance coverage they need to adequately protect their…

Maximize Rental Income, Rental Income, UK Real Estate, Great Britain Real Estate, 5 ways to maximize rental income for your property

5 Simple Ways to Maximize Profit on Your Rental Property

5 Simple Ways to Maximize Profit on Your Rental Property The UK rental market (buy-to-let market) has, and continues to be, a popular environment for shrewd investors in search of steady, long-term and regular returns on the their outlay. With…

Why You Should Become a Part-time Landlord

Benefits to Becoming a Part Time Landlord   The accidental landlord is a common term in the property world. It is often the case when a previous home cannot be sold it is kept and rented out to earn additional…

The Skinny on Renting Out Living Space for Passive Income

Passive income just has a good sound to it. The idea of doing nothing (or, in most cases, very little) and making money is appealing. It’s all about finding things you already have and making them work for you. In the case of renting space, you’re taking an area that was just sitting around and making it productive. Maybe you have a basement apartment, a spare room, or even some storage space in your garage, attic or shed. It’s time to stop scratching your head about what to do with the space and put it to some good use.

Passive Income: Let Someone Else Pay Your Mortgage

Nothing has demonstrated the fragility of jobs more than what we have been through in the past five years. Twenty-three million people unemployed or underemployed is something that even the most obtuse among us cannot ignore. This is not a political statement. It is a fact, and it is irrefutable. Maybe you are one of those 23 million. I can only imagine how losing your job has turned your life upside down. Unemployment compensation cannot replace a paycheck and although it surely helps, it is only available for a defined period. Passive income can be a buffer against such life-changing events.