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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. Plus, the tools to get this business started are pretty minimal.

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23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

What if you get a tenant who pays late or damages the property? What if you’re unable to rent out your 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. Risk: There are a few questions to consider: Is there a market for your property?

Money 52
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Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

When they got married, they bought a duplex so that the rent money from the tenant in the upstairs apartment would pay the mortgage. It’s a tool, and it provides security and options. He diligently maintained our car and our house, doing all the work himself. My mom cut coupons and sewed her own clothes and mine, as well.