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Also here are over 20 side gigs that can make you real money.
Ultimately, landlords learn a lot of valuable information about home ownership and maintaining properties.
What Are the Average Estimated Earnings?
According to US Census data, landlords earn up to $97,000 annually.
However, the real profits can come from housing appreciation.
For instance, my day job is in bookkeeping, but my real passions are wellness and travel.
So, Ive turned yoga and travel into income sources by teaching yoga and running a travel blog.
If youre passionate or skilled in a particular niche, you might have a go at offer coaching services.
Wang elaborated, Its been a fun way to make more money while doing things I love.
I also learned a lot about building a brand which is a valuable skill for long-term wealth building.
The amount you earn will depend on the field in which you offer coaching and your expertise level.
According toZipRecruiter, a professional coach can earn around $20 per hour.
However, a business coach has an average annual pay of over $80,000.
By learning this skill, you could figure out how to price future items to maximize profits.
Tracking every asset and liability helps make it easier to do this long-term.
While the field isnt the most lucrative, everyone can benefit from getting a better hold of their finances.
Bureau of Labor Statistics, the median annual salary is $47,440.
Based on BLS data, there are about 183,900 openings projected annually in this field.
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