article thumbnail

The Unique Struggles of Being a Young Landlord

Prairie Eco-Thrifter

There was another offer on the house, but the offer was contingent on the sale of their home, so despite our offer being lower, ours was accepted. We wanted to purchase a home that would be large enough for us to stay and grow in for the better part of the next decade. Tenants are More Relaxed – In a Bad Way.

Landlord 196
article thumbnail

Save Money on Rent

Prairie Eco-Thrifter

The landlord also let me pick some of the seeded concord grapes growing up the hill. Handy man – For a continuing rent reduction, offer to be the go to person for the rest of the tenants when things go bong in the night. Related posts: Rent-to-Own Homes: A Way to Make a Home Sale Work. He agreed, so we did that.

Rent 185
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

Create a course One popular strategy for passive income is creating an audio or video course, then kicking back while cash rolls in from the sale of your product. What if you get a tenant who pays late or damages the property? Courses can be distributed and sold through sites such as Udemy, SkillShare and Coursera.

Money 52
article thumbnail

Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

When my brother and I were growing up, our parents didn’t have much discretionary income. I still remember saving my change as a kid so I could “shop” for books at yard sales.) When they got married, they bought a duplex so that the rent money from the tenant in the upstairs apartment would pay the mortgage.