Many retirees are fed up with the paltry returns they get from bonds, the very poor interest rates paid by banks and the frenetic fits of the stock market.
Owning and renting real estate may be a reasonable investment alternative that can bring in extra cash for people who are no longer working. If you play it right, you can generate a regular, unending stream of monthly income. And we all know: Rents never go anywhere but up.
Today, close to 10 percent of retirees rely on profits from rental properties to add income. You too, can put some real money in your retirement account. Take for example this beautiful property.
325 15TH AVE NE, SAINT PETERSBURG, FL 33704
|Annual Gross Income: $146,400|
|Annual Expenses: $25,440|
|Annual Net Income: $125,000.00|