<prompt> Human: Im pretty secure financially: 15 into 401k, emergency savings, max contributions into a Roth IRA each year, play around with brokerage account, no credit card debt. But all of this comes from my income at a cushy government job. If I lost this job, Id be in trouble. Ive been trying to think of ways to generate another income: I made 800 last month working on elance, and this summer Im going to be tutoring for 45hour. My real goal though, is to own a property, or start a business so that Id generate passive income. The problem is that I dont have any experience being a landlord, or much capital to start a business. Has anyone tried doing something like this? Id welcome any suggestions or advice?  <response>: I cant give you much advice on the landlording, since I just rent out 2 out of my 3 bedrooms to close friends A fantastic deal.As for passive income in general: You already are! Your 401k and IRA investments! I recommend maxing your 401k 17500 a year, and continuing to save surplus in your brokerage account. 