Many people have investment properties (or rental
properties) that
bring them extra income every month. Being a landlord is a lot of
work, and the responsibilities are numerous. However, if you can
find the right property, get a good loan, find a good tenant, and
the stars and moon align just right — you may find yourself with a
few hundred extra dollars every month after your mortgage payment
is paid. After you have retired the mortgage, you may find that the
rental income is a considerable benefit. In fact, I know several
people who have funded their retirements via a steady stream of
rental income.
Trying to get more info out of this,
The books I have read make it seems like Investing in real
estate is not that easy, especially the tax on capital gains, and
the fuzzy mortgage structure. Not as straight foward as other means
of money making, but i guess this is the most promising out of all
due to its learning curve...
