The Income Property: Your Late-in-Life Retirement Plan
Suppose you're in your fifties or sixties and know you don't have nearly enough money to retire. One possibility for generating the income you'll need is an investment property.
The real estate market can present bargains that will help you earn a high return on investment compared to your other options.
But owning a property is not always the passive, easy investment it's made out to be. You need to understand both sides of what you're getting into before you start shopping.
Find out how much you can expect to invest and earn, how to choose a location for your rental property, and problems that might derail your plans if you aren't careful in my Investopedia article, The Income Property: Your Late-in-Life Retirement Plan.
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