How To QUIT Your Job With Passive Income (Step By Step)

Go to http://public.com/graham and use code GRAHAM and you’ll receive a randomized free stock worth up to $1000 once you open an account! Here is how you can QUIT YOUR JOB with Passive Income - Enjoy! Add me on Instagram: GPStephan

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For those unaware…this is an investment that covers a WIDE variety of stocks and markets….all of which, you can buy into for a very, VERY low price. For example, VTSAX will cost you about $100 per share - and with that ONE investment, you’ll own a tiny fraction of the ENTIRE United States equities market.

Anytime you go to buy a stock, what you’re REALLY buying into is a very tiny piece of ownership in that company - who pays you a small portion of their profit in the form of a Dividend. Just remember - with risk comes reward - so, the more money you have the potential of making…the more you have the potential of LOSING….so, no matter what: company first - dividend second.

This stands for Real Estate Investment Trust…which is just an incredibly fancy way of saying: You’re buying “stock” in a company that JUST owns real estate, and in exchange for giving them your investment, they’ll pay YOU a portion of their rental income as a dividend.

The “CATCH” here is that - first, you need to build up your credit score above 700…second, you need to have a steady source of income…and third, you need to have a 10-20% down payment saved up…but, if you can check all three off the list, here’s how you can do it:

Let’s say you find a house worth $300,000 that needs a little work, and in the current condition - it could rent for $2500 per month. 

You could buy that home with a 15% down payment, which is $45,000 - and your mortgage payment would be $1160 per month at a 3.6% interest rate. 

Now, of course - the expenses won’t stop there. You’ll also have property taxes, insurance, repairs, and vacancy…and that might cost you another $600 per month….so your TOTAL OVERHEAD to own and keep this home, every single month, is $1760.

BUT, once you close on the house…instead of renting it out immediately for $2500….you might be able to spend another $20,000 fixing it up, replacing the floors, doing some light paint, fixing the landscape…and, after it’s all done…now the home is worth $360,000 - and you can rent it for $2850 per month! 

Both credit cards and banks will give you a “bonus” for opening an account with them and meeting some minimum requirements…usually, that bonus is anywhere from $50 to $500, and it usually takes about 30 minutes of work to complete.

For example…2 years ago, I had someone on my second channel, The Graham Stephan Show, who was making up to $50,000 PER MONTH writing e-books on Amazon in his spare time. His total investment was a few hundred dollars, and then he’d market the book himself. Now he quit his job and does this full time. 

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For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at [email protected]

Disclosure: This is a paid endorsement for Open To The Public Investing, member FINRA &SIPC. Not investment advice. Cryptocurrency trading offered by Apex Crypto LLC. Other fees may apply. Full terms, conditions, and disclosures at www.public.com/free. Investing involves risk of loss.

*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice. Public Offer valid for U.S. residents 18+ and subject to account approval. There may be other fees associated with trading. See Public.com/disclosures/
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