Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Want A Job? Become A Landlord.

Sunday, June 19, 2011 - 12:21 PM
From Yahoo! Finance
For retirees calling it quits from the 9-to-5 world, it might be worth considering another career move: landlord.

Changing light bulbs may not fit with the traditional image of retirement. But the strategy can kill several birds with one stone, especially for retirees who buy a small multi-family building, live in it and manage it at the same time.

Done thoughtfully, owning and living in a multi-family house can provide a relatively predictable stream of income, the potential for long-term price appreciation of the property and, of course, a roof over your head. It could hold particular appeal for retirees....

[Read more...]

4
WhataBummerWhataBummer413 posts since
Oct 15, 2010
Rep Points: 1,702
Reply