article thumbnail

50 Best Small-Business Ideas – NerdWallet

Savings Corner

Or, you could buy property of your own (if you have the business funding, of course) becoming a property manager or landlord, renting out the space to tenants, maintaining the property and serving as their point of contact for any potential issues. Take a page from Harp Design Co.

article thumbnail

Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

My mom cut coupons and sewed her own clothes and mine, as well. When they got married, they bought a duplex so that the rent money from the tenant in the upstairs apartment would pay the mortgage. We paid an excavator (to dig the hole for the foundation), a well driller and a cabinet maker (for our kitchen and bathroom cabinets).

article thumbnail

23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

You may have to keep your product updated or your rental property well-maintained, in order to keep the passive dollars flowing. What if you get a tenant who pays late or damages the property? You may suddenly have tenants who can no longer pay their rent, while you may still have a mortgage of your own to pay.

Money 52