Passive income is money earned with minimal day-to-day involvement. In real estate, it typically comes from rental income generated by investment properties. For many investors, building passive income is the primary goal—consistent monthly earnings that require little hands-on effort. With Meridian’s turnkey model, investors can generate passive income from professionally managed, fully leased properties without becoming full-time landlords. This income stream can supplement retirement, offset other taxes, and build long-term wealth.
