Agreed, it's not a passive income if you still have to do stuff. Thing is, he might enjoy doing that stuff or the challenge of what he's doing - that's when it becomes a hobby.
Admittedly, I used to find property investment fun before they brought out the 20% LVR rule - because it was easy for me to play financial games. Now I'm turning more to shares as investments (of late)
Admittedly, I used to find property investment fun before they brought out the 20% LVR rule - because it was easy for me to play financial games. Now I'm turning more to shares as investments (of late)
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