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In 1960, Congress passed a law creating Real Estate Investment Trusts (REITs), large portfolios of income-producing property investments. A REIT is required by law to distribute 90 percent of its earnings to investors every year. Today, an estimated 70 million Americans invest in REITs.

Due to their special tax status, REITs must follow strict compliance standards and thus carry a certain quality standard for both the vehicles investment strategy and the property experience of the managing team.

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There are two primary kinds of public REITs: traded and non-traded. Publicly-traded REITs offer the benefits of money, because it is traded openly on a stock exchange. However, this liquidity is likely to be priced into the value of these stocks, resulting in a liquidity premium, or a cost that all investors pay for the capability to buy and sell the advantage whenever they wish.

Furthermore, publicly-traded REITs tend to be correlated to broader market volatility, meaning that the share value may fluctuate depending on how the stock market is doing, irrespective of whether or not anything has changed with all the underlying properties owned by the REIT. .

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On the other hand, public non-traded REITs are becoming popular, due to their possible double-digit dividends. But, public non-traded REITs have recently come under heavy scrutiny due to the large upfront fees often charged to investorsand questionable practices around the disclosure of those fees.

In the last few years, pioneering new platforms such as Fundrise have emerged. Fundrise aims to offer you the benefits of personal market access, but with lower prices that potentially help investors earn better returns. Leveraging technology and new national regulations, Fundrise provides investors the very first ever diversified commercial property investment portfolio accessible right online to anyone in the United States, no matter their net worth.

Irrespective of which investment strategy you opt to pursue to earn residual income, an essential portion of the investment process is careful due diligence of every opportunity as it appears and working hard to remove any pre-existing biases. Take time to figure out which strategy makes the most sense for youpersonally, and carefully compute your residual income goals.

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Find out what's happening in Building Residual Income Meetup groups around the world and get started meeting up with the ones near you.

When looking at income in the future, shouldnt we be looking at what is going to happen and determine if that's what we want life to seem like We need to work backward from this point until we achieve now, viewing our decisions with money as the pre-cursor of tomorrow The reason we even speak about residual income is the aim of retirement or what we prefer to call time liberty. .

When you retire, your Social Security income plus pensions, if they are left, plus dividends and interest off of your investments and maybe an income annuity will meet your needs and hopefully surpass them, and that means that you can walk away from the day job.

Dividends and interest are a form of residual income. Social Security certainly is, the government takes money from us every paycheck and we get a little piece back when we retire (even though it's taxed in retirement again).

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So, if the objective is to get residual income when we retire, that seems based on Social Security rules to only be possible in our 60s, and the government has mandated penalties before taking our money before 59.5, wouldnt it be prudent to start investing in sources of residual income now that perhaps dont have an age limitation into our 60s What guarantee do we have that we'll make it long.

Additionally, what control do we really have over Social Security and our why not find out more 401Ks Looking at the sources of residual income, lets take a look at other high-level places we could diversify. Who knows, perhaps you could start generating residual income now and step into that time freedom sooner than your 60s.

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Taking inventory of where you are at is indeed crucial. Are you currently doing one of these seven Dont be confused, not all businesses or investments are residual, in our opinion.

Residual income has two actual definitions. Lets look at those . Residual Income is income which continues to be generated after the initial effort has been expended. Compare this to what the majority of people concentrate on earning: linear income, that is one-shot compensation or payment in the form of a commission, wage, commission or salary.

We believe that income which exceeds your expenses is called PROFIT! So, we're going to use the first definition for the sake of this document. .

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