frayne
Thinks s/he gets paid by the post
Been retired for about three years now and 72Ting out of an IRA. Still able to save and have approx. $100K after tax in savings. Have been thinking about picking up a couple of rental properties in my neighborhhod for some passive income. Houses I'm looking at are $150-200K range and contractors are having a hard time moving them. My thought process is to pick up a couple at a reasonable price and rent them out until the market turns. Any thoughts from the wise sages of the forum ?