How to Earn Passive Income Doing Private Money Lending
Fiscally savvy people don’t rely on just one income stream.
Business Insider has spoken with dozens of investors who consider themselves financially independent, and they’ve all built multiple revenue streams, from rental income to dividend stocks to day job salaries.
A lesser-known, relatively passive income stream that investors are capitalizing on is private money lending.
Carl and Mindy Jensen, who grew their net worth to more than $5 million and retired early, have experimented with various investment strategies — and they said that private lending is one of their favorites.
“The private lending generates such a nice return that it’s difficult to be like, ‘No, we don’t want to have the easy money,'”…
