Forget Buying a Rental Property. Investing $40,000 in These Dividend Stocks Will Make You $1,000 Per Year in Passive Income.
Owning a rental property is a popular method that people consider when looking for ways to generate passive income. That goal has become even more mainstream as platforms like Airbnb have grown.
Yet it takes a lot of effort to create "passive" income from rentals, whether it is performing regular repairs and maintenance, dealing with tenants, or working to keep the property occupied.
Stock market investors have much easier income options in the form of dividend stocks. These investments are truly passive in that you simply lay out cash and then collect quarterly payouts, which tend to rise with each passing year.
Source Fool.com
