Having monthly passive income supplied to you regularly is one of the best benefits of owning rental property. But, naturally, the revenue must be distributed rapidly among mortgage payments, savings, insurance, property taxes, and several other obligations. Additionally, you must spend the entire month speculating about what will break, which renters will move out, and the housing market's health. If only receiving monthly checks for passive income were simpler. Thankfully, there is. The stockholders of each of these real estate investment trusts (REITs) receive unconditional monthly dividend payments. You can withdraw the money for spending, reinvest the dividend, or use it to buy another stock.
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