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>He may see it as passive income, but people are doing things to keep that income going. That's literally what passive income is. For example, if I rent out fa
by superhuzza 7y ago
>He may see it as passive income, but people are doing things to keep that income going.
That's literally what passive income is. For example, if I rent out farmland to someone, most of it's value will probably come from the fact it can be farmed. It still requires effort to farm that land, but not my effort. For me, it's passive income.
Same thing with music, whoever rents the rights must put in the effort to make it worth renting.
- cgriswald 7y agoI'm not sure how to respond to your post as you've made my point: The songs Mercuriadis has purchased the rights to are not passive income for him. See my response to your sibling poster.
- superhuzza 7y agoPicture it this way - Mercuriadis has bought a bunch of houses. Just like any landlord, he will have to invest some money and effort into repairs and marketing his properties. Some will rent for more than he expected, some less. But once he gets renting, it's passive income. The problem is, can he make it to that point or did he buy houses that weren't sufficently rentable?