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The Unique Struggles of Being a Young Landlord

Prairie Eco-Thrifter

We wanted to be able to rent out the basement for the next few years until we needed the whole house. . Our house had the perfect setup, and when we moved in, we were lucky enough to be able to rent out our suite almost right away. It became apparent that there are some unique challenges of being a young landlord.

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Save Money on Rent

Prairie Eco-Thrifter

Perhaps it is cheaper for you to rent than to buy. Whatever the reason causing you to rent, you most likely want the rent payment to be as reasonable as possible. You can save money on rent, I know because we got rent reductions. Here’s how we saved money on rent. I made jelly from those.

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Money Matters: Why January is the Best Time for a New Rental

Motherhood Moments

But if you can get past those objections, you have a lot to gain—like hundreds of dollars in saved rent.” That’s right: An early winter move could save you hundreds—or even thousands—of dollars over the course of the year. That’s a 10 percent price difference, and it will save you $1,200 over the course of the year.

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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. We’ll help you do your homework and get started on the right foot.