How to make Passive Income: Why I make $6470/month

Here’s exactly how I make $6470 per month….or $215 per day…in passive income. I’ll also share some great ways to make money on the side and why it’s so much better to have your money working for YOU, than YOU working for money. Feel free to add me on Snapchat and Instagram: GPStephan

How I make $6470 per month:
Owning five rental properties – $4650/month
Paying down mortgages – $1600/month in equity
Index Fund VFIAX – $200/month
Ally Bank Savings Account – $20/month

Note: The rental properties aren’t 100% passive..it still requires some time accounting income and expenses… but seriously, I have everyone on staff to handle things as they come up. Maybe one hour of work per month, sometimes two.

I essentially keep my spending at the level I make from the rental properties so that everything else I earn from real estate can be re-invested to make more money. That way I can ramp up my investments and keep the portfolio growing.

Some other great ways of earning passive income include:

Investing in Real Estate – Rental Properties

Investing in the stock market – I’m a fan of Vanguard Index Funds

Owning intellectual property such as ebooks, websites, online marketing…and maybe even YouTube 😉

Amazon FBA, Affiliate Marketing, Drop Shipping can be good choices.

Through semi-absentee owned businesses such as Laundromats, Self Storage Centers, Car Washes, etc.

Owning your own business and hiring out people to manage the day-to-day operations

Peer to Peer lending – www.Prosper.com, www.LendingClub.com, etc.

If you’ve actually read this far, I hope you appreciate the transparency – I’m doing these videos as an example of what’s possible and to plant the seed why passive income and investing is absolutely important.

Thanks again for watching! Feel free to comment below, let me know your thoughts, questions, anything…

For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness@gmail.com

Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq

Favorite Credit Cards:
Chase Sapphire Reserve – https://goo.gl/sT68EC
American Express Platinum – https://goo.gl/C9n4e3

Comments

Shinidoshi says:

That anecdote about money = employees takes the phrase “hiring people is expensive” to the 4th dimension.

Joseph Elmajian says:

I am a part time bank teller and a full time accounting student. I do have some good money saved up, but what recommendations would you give for a 20 year old just starting out in life? Lol

Anthony Pietrobono says:

Hey Graham how old are you now? Thanks for the video. I love your vids man. Looking into investing in real estate in the near future.

Alex Sanchez says:

You da man. that channel keeps growing! Where do you invest? I’m buying my first rentals this year.

SWProspector says:

Good job on the “passive” rental income. In other areas of the US it can be done but takes a few more homes. :)
As a part time realtor, I usually list low end homes. I have my first million dollar listing but I find that it is causing me to be more timid. I’m putting way too much time into a simple email to the seller, no photo is good enough…and did I mention procrastination? Any advice to getting the confidence to work with high end listings?

John Magdaraog says:

I love love your videos. Please don’t be like Tai Lopez who starts selling shit on every single videos it’s a major TURN-OFF.

Aaron Ginkenz says:

Hello Graham,

Thank you for your transparency! And thank you for being an AWESOME PERSON!

Zain Ali says:

What if you cant afford the monthly payments on your mortgage if a tenant decides to leave. Then you would have to make that payment. Also a 20 year old like me to go into a bank and get a loan would be laughable. I dont think they would give me anything

Nick O says:

What do you think about the adpocalypse?

WapPale MapTravay says:

What’s your net worth Stephan

ryan shannon says:

whats drop shipping ?

LevaniBond says:

1:50-2:00 Guys can you explain what does that mean ?

hihaters2004 says:

The write offs will drop drastically with the new trump tax plan.

Carter Daily says:

yup i saw the whole thing again
love what you doing dude i really do
thanks

gan pillai says:

Graham, I wish you are nearby. I want to hug you man ! I will be soon 70 years old. Your grand dad, learning from you !!

LIVING WATER SOULDIER 88 says:

Did you know that the Lord Jesus Christ is coming again to take all who have been redeemed by His blood to be caught up forever with Himself in heaven? We learn of this exciting event, the Rapture, from the only authoritative source of information about the future—God’s Word, the Bible. We also learn from this Book that certain conditions will exist in the world just prior to and following the Rapture. Because we see these signs of the “last days” (2 Timothy 3:1-8; 2 Thessalonians 2:1-3) so prevalent in our current society, as well as prophesied political developments in the Middle East, Europe and elsewhere, we can say with all assurance that Jesus is coming soon. All is in readiness for the Rapture (Revelation 22:7,12,20).

THE RAPTURE AND THE BELIEVER

The greatest day of the believer’s existence will be realized when he sees Jesus face to face at the Rapture (Revelation 22:4). He will be changed to be like Christ (1 John 3:1-3), forever free from sin and all its effects (Revelation 21:4).

The purpose of the Rapture is to transport to heaven every one who has believed on the Lord Jesus Christ as personal Savior since the first man, Adam. Though Adam sinned, and as a result all of mankind is subject to the wages of sin (which is eternal death and judgment), God in love provided a Savior for man in His Son. Jesus took the sinner’s place in death at Calvary’s cross. All who trust this blessed Savior, believing He died for their sins and rose again, are cleansed by His blood from every sin, and have eternal life (1 John 1:7; John 3:15,16).

The Bible tells us these are the ones who Christ will Rapture to Himself. “The Lord Himself shall descend from heaven with a shout, with the voice of the archangel, and with the trump of God: and the dead in Christ shall rise first: Then we which are alive and remain shall be caught up together with them in the clouds, to meet the Lord in the air: and so shall we ever be with the Lord” (1 Thessalonians 4:16,17). There are many other Scriptures telling of this wondrous prospect for believers, such as John 14:1-3 and 1 Corinthians 15:51-56.

THE RAPTURE AND THE UNBELIEVER

The unbeliever will experience the worldwide effects caused by the absence of millions of Christians who suddenly go missing. Also—according to Bible prophecy—in the seven years following the Rapture, terrible times of trouble (the Tribulation) will be brought upon the earth by God, with billions of people suffering physical torment and death.

Though it is true that many people who have never heard the Gospel before the Rapture will be saved during the Tribulation (Revelation 7:9-14), the Bible says that all who refuse to accept Christ now before the Rapture (including you, if you reject this message) will be sent “strong delusion, that they should believe a lie: That they all might be damned who believed not the truth, but had pleasure in unrighteousness”

(2 Thessalonians 2:10-12). Ultimately, all unbelievers will have to face God at the final judgment, and will then experience eternal, spiritual death as they are cast into the Lake of Fire (Revelation 20:11-15; 21:8).

THE RAPTURE AND YOU

Will the Rapture be the greatest day of your existence, or will it be the beginning of unspeakable horror and suffering for all eternity? It all depends on whether or not you believe on God’s Son (John 3:36). The most important matter you need to take care of is not making a will, or building an underground shelter, but preparing to meet God by taking His salvation freely offered to you now before His judgments fill the earth (Revelation 6:12-17). “The gift of God is eternal life through Jesus Christ” (Romans 6:23; see also Ephesians 2:8,9).

You are not ready for the coming of Christ unless you have seen your need as a lost sinner, and trusted Him alone as your personal Savior. If you are an unbeliever now and continue to reject or neglect this great salvation, you will never hear the “shout,” you will never be able to go to heaven (Hebrews 2:3; Luke 13:23-28). It will be too late to repent at the Rapture, which will take place with no further advance warning in a split-second of time

(1 Corinthians 15:52). “Now is the day of salvation” (2 Corinthians 6:2). “Believe on the Lord Jesus Christ and thou shalt be saved” (Acts 16:31). Then you will be ready when Jesus comes, perhaps today! —Tim Johnson

https://mwtb.org/products/the-rapture?variant=2201151745

Victor Efughi says:

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S P says:

Counting $1600/month loan payments as a part of the “passive income”, are you kidding? Total BS.

Qiyue Zhang says:

How reliable is P2P lending? Their return rates seem extremely promising, but since it’s a new concept, and something that isn’t federally regulated, is there a possibility that the borrowers will not pay back (ex they file for bankruptcy)?

blingy5 says:

Im 17 and have about $3000 saved up, what do you recommend I do now to start getting passive income? Thank you for your videos they are amazing

Yandy Estrada Realty says:

Do you buy Single-family house or do you buy duplex or quadplex?

Nick O says:

What’s your thought on residential Real Estate? I live in a neighborhood that’s right next to a college. I live in a house my dad owns and once I start my career I want to buy the house from him and start renting it out to college students . I expect about 2350 a month total(500 for 2 rooms that share bath, 600 for w/ bath, and 750 for master).
We have 2 empty rooms right now and I want to rent mine out and sleep on the couch if my dad will let me. I hate seeing the money go to waste.

Life Long says:

Feeling motivated!!! Good video! passive income is definitely the way to go, Im only at about $100 monthly, but im on my way

Dameon Wite says:

Watched the whole vid. Absolutely love your mindset and enthusiasm. My birthday is in 2 days and my goal before I turned 19 was to have $30 passive income a month ($1 per day). With YouTubers like you, Reddit forums, late night creating net worth excel sheets, and just being obsessed with passive income/financial independence, I’m pleased to report my average monthly passive income is approximately $150 per month after inflation and taxes. Your a superstar Graham. Thanks for the motivation. It’s gonna be a good birthday. :)

Ezequiel G Reyes says:

the real estate guy from ddg videos

2010drive says:

I’ve been heavily invested in P2P (lending club) for about 5 years now. Returns get lower every year, and it’s not very liquid if you want to cash out you have to try and sell them on the secondary market which isn’t that great.

MrSoizes 2 says:

Love watching your stuff for a boost of inspiration. Thanks Graham!

Daniel Steffen says:

Graham, what do you think about investing in tax liens certificates?

Jii L says:

Loving the energy in your vids my dude

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