Here's an Easy Way to Start Making Passive Income
There are many ways to begin collecting passive income. One of the easiest is to invest money into real estate investment trusts (REITs), entities that Congress created in 1960 to allow anyone to invest in income-producing commercial real estate. While most REITs pay dividends, enabling their shareholders to collect passive income, some are better suited for income production than others.
One REIT made for those seeking passive income is Agree Realty (NYSE: ADC). Here's what makes it an excellent option.
In January 2021, Agree Realty joined a handful of companies paying a monthly dividend instead of following the traditional quarterly schedule. That makes it even more suited for making passive income because it better aligns income frequency with expenses.
Source Fool.com
