You can take that asset and put it to work for you at Prestige Serenity Shores. Instead of it sitting there paying you interest, as a savings account would, a single-family home is an asset that you can leverage in several ways to generate passive income. You can rent out the property to a tenant and charge them monthly rent. This will require you to screen tenants, as well as make repairs on the home to keep it habitable for renters.