Also, have rentals. No mortgage. In good areas. Very nice income. Manage them my self. After being a landlord for so many years, have figured out how to keep good tenants. (one's who stay for years).
Also, learned how to keep visits to rentals at a minimum. ie. When something breaks, I just tell the Tenants who to call for repairs.
If an appliance breaks, I just go out and make the purchase. Then have the
Tenant arrange for the time and day for delivery and installation. (I do not have to be at the rental).
Most, repairs can be done over the phone. (this is what R.E. management firms do.).
Yep, the income is very good, and follows inflation.
Also, learned how to keep visits to rentals at a minimum. ie. When something breaks, I just tell the Tenants who to call for repairs.
If an appliance breaks, I just go out and make the purchase. Then have the
Tenant arrange for the time and day for delivery and installation. (I do not have to be at the rental).
Most, repairs can be done over the phone. (this is what R.E. management firms do.).
Yep, the income is very good, and follows inflation.