Homer Simpson’s Guide to Passive Income
What not to do.
Imagine Homer Simpson buying a rental.
He’d probably assume it was all donuts and mailbox money.
“No work, Marge! The rent just magically appears every month!”
Cut to:
He underestimates the repairs.
Overestimates the rent.
Spends the security deposit.
Doesn’t screen the tenant.
And when something breaks? He duct tapes it and calls it “fixed.”
In other words: he’…
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