Owning advertising billboards as a passive business?

[King Belieal]

This business simply involves getting license from government to erect billboards in strategic locations. On those billboards, brands pay you every month to have their businesses advertised on those billboards. It is a very good passive business that is quite lucrative.

 

[Trush Jodie]

It is always the top politicians or their allies that are always given licenses to operate such billboards.

 

[eLdavis]

This is actually a very lucrative business that most people tend to either look down on or ignore. There was a time i had the mind to go into it once i have some spare cash. I still plan to do this in the future though.

 

[Starmix]

Renting a space for an ad which is usually situated along the road near malls is a very good source of passive income. The rent is insanely high. Only big time businesses can afford to rent the ad space to their famous brand products.

 

[Augusta]

Yeah right it's a Passive Income Potential:Billboards can generate rental income for the space where the advertising is displayed, making it a potential passive income source.