For most people, inflation is a very bad thing. Rising prices have hurt many families and individuals across our nation.
With that being said - inflation helps passive income investors.
Passive income investors lock in their monthly mortgage payments - while the rent that they collect goes up every year.
In my market(Greater Boston), rents have tripled since I got into the business. Apartments that used to rent for $800 are now renting for $2,400 - it's almost hard to believe.
When rents go up, mortgage payments stay fixed - meaning that almost all of the monthly rent increases are pure passive income profit.
Inflation is not expected to decrease anytime soon and in many markets across the United States, there are more renters that need apartments than there are available apartments.
To make matters worse(or better for passive income investors), owning a home is becoming out of reach for many would-be buyers.
Those buyers need a place to live - and many are becoming long term renters.