Many Americans dream the path to building wealth is like a trip around the Monopoly board, buying up properties that generate rental income. That can be true, but financial advisers warn the costs and aggravations of playing the landlord game are increasing.
People thinking about becoming landlords might have a tougher time turning a profit after a year marked by higher home prices and mortgage rates. Rents are up too, but because of inflation so are the costs of repairs and routine home maintenance.
Source: finance.yahoo.com
Related posts:
Elon Musk Says He Saved Twitter From ‘Bankruptcy,’ On Track to Breakeven
Massive News for Boeing Stock Investors
Gen Z is souring on college degrees as a path to success, sociology professor says. They have a good...
‘It’s a Reality Check’: Wall Street Reacts to Inflation Data
This Facebook executive’s $4 million stock sale could be another sign of Meta’s rebound