• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
  • Pinterest
  • Twitter
  • Facebook
  • Instagram
Home Jobs by MOM

Home Jobs by MOM

Insights. Ideas. Improvements.

  • Lifestyle Insights
  • Business Ideas
    • Online Tools for Bloggers
  • Improving Family Life
  • Contact

How to Earn Retirement Income as a Landlord

You are here: Home / Lifestyle / Money / How to Earn Retirement Income as a Landlord

THIS WEBSITE USES AFFILIATE LINKS WHICH MEANS WE RECEIVE COMPENSATION IF YOU PURCHASE A PRODUCT THROUGH THEM. VISIT OUR DISCLOSURE PAGE FOR MORE INFORMATION.

March 26, 2021 by Home Jobs By Mom
Pin4
Tweet
Share
4 Shares

How to Earn Retirement Income as a Landlord

It used to be that we worked our lives away only to stress and worry that we didn’t save enough money for retirement. Many of our parents and grandparents were left hoping that a combination of their Social Security, savings, and (hopefully) a pension will get them by during their golden years. That doesn’t have to be the case anymore.

Learning how to earn retirement income as a landlord can improve your financial future and help you avoid the typical stress of not having enough money to live comfortably in retirement.

Let’s face it, Social Security doesn’t provide much security at all, and many of us don’t even have a pension at our work. We need to be more proactive in the preparation of our financial future in our retirement years.

Earning Retirement Income By Being a Landlord


While to many of us, becoming a landlord may seem like a pipe dream, it is not as tricky as you might think.

Once you learn how to earn retirement income as a landlord, you may not only find yourself retiring comfortably, but you might find yourself able to retire earlier than you expected.

Anyone else on board with this idea?

Here are some of the benefits that come from learning how to earn retirement income as a landlord:

Comparatively Small Investment in Relation to Income



You can take out a loan to buy an investment home and only need the investment of a down payment.

Yes, you can use savings and buy a house outright, but that would likely mean draining your savings. This would mean that the entire monthly rent payment would be considered income to you.

However, if you don’t want to drain your retirement savings, you can get a home loan for your investment property. This means that you need a down payment and other miscellaneous money to invest.

Compared to the income potential of becoming a landlord, this investment is relatively small.

You Don’t Need to Constantly Sell Your Assets

It used to be that you would invest in the stock market and then sell off stocks as you needed. Sure, you could reap the benefits of the interest received from those investments, but how far did they really go? No more of that.

When you own rental properties, you don’t have to sell these properties at all. You get to sit back and enjoy those rental incomes month after month without the hassle of selling.

You can sell at some point if you wish, of course, but bringing in that monthly income and enjoying the benefits of your property value growing over the years is the real goal.

Just make sure to safeguard your investment and compare landlord insurance. That way your asset is covered if something awful should happen.

It’s Easy to Forecast Your Returns


Forecasting the income that comes with your rental properties is far different from predicting the revenue based on the stock market. You can make far more educated assumptions about the rental market in the area than you can about the state of certain businesses.

I’m assuming you already own a home, so you are likely already aware of the expenses that come with property ownership. Hence, it’s easy to know what type of money needs to be set aside for emergencies, etc.

All of this experience and knowledge help you see the returns that could come from having rental properties.

Rental real estate can be a good source of retirement income. Learn why being a landlord might help improve your financial future! Click To Tweet

Tax Advantages

There are tax advantages to being a landlord that will prove to be beneficial in your retirement years.

As a landlord, the maintenance expenses, property management fees, legal forms, insurance, mortgage interest, and more are all deductible from your taxable income.

Inflation Won’t Hit Quite as Hard

Rent prices typically go up with inflation, so you don’t have to worry about your income staying the same while everything else goes up.

Your Net Worth Will Grow


Learning how to earn a retirement income as a landlord is beneficial to making your net worth grow.

As a general rule, property tends to increase in value. Investments in the stock market can always ebb and flow, but real property tends to maintain a value and continue to grow as time goes on.

Becoming a Landlord is a Great Way to Diversify Your Asset Types

We all know that it is important to have more than one form of assets/investment, right? Stocks are great but can be volatile. Your typical savings are safe but don’t have the return that is required for a comfortable retirement.

The key is to have a mix of different savings, income, and investment assets for the best return and income potential in your retirement years. Becoming a landlord shouldn’t be your only retirement plan, but it can definitely go far toward helping you reach your retirement goals.

When learning how to earn retirement income as a landlord, you need to recognize that there are risks like any other investment. However, there are ways to minimize these risks, such as tenant screening and security deposits.

Are you a landlord? What advice do you have for someone looking to start investing in rental properties?

Related Posts:

  • rent
    8 Ways to Save More Money as a Renter
  • best time to get pregnant in medical school
    How to be Money Smart When Expecting a Baby
  • selling, marketing, how to sell, persuasive copy
    Make Money at Home with a Facebook Yardsale
  • 7 Passive Income Streams That Can Give You a Cash Flow Boost
    7 Passive Income Streams That Can Give You a Cash Flow Boost
  • buying a house
    Securing Your Financial Future: Advantages Of Being A…
  • digital era, technology, technology and kids, technology and kids development, digital age
    6 Money-Related Tips for People Who Work From Home
  • 4 Helpful Tips for Turning 65
    4 Helpful Tips for Turning 65
  • Financial Success Starts Here: Money Lessons for Teens and Young Adults
    Financial Success Starts Here: Money Lessons for Teens and…
Pin4
Tweet
Share
4 Shares
Category: Lifestyle, MoneyTag: retirement

About Home Jobs By Mom

Krystle Cook – the creator of Home Jobs by MOM – put her psychology degree on a shelf and dived into a pile of diapers and dishes instead. She is a wife and mother to two rambunctious boys, sweating it out in her Texas hometown. She loves cooking, DIY home projects, and family fun activities.

Previous Post:Taking Care of Yourself Working from HomeTaking Care of Yourself Working from Home
Next Post:How to Choose the Perfect Piece of Jewelry for Your Loved OnesHow to Choose the Perfect Piece of Jewelry for Your Loved Ones

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recipe Rating




This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sidebar

Welcome!

Get a look into a mom’s inkling into this crazy thing called life.

Read More

Recent Posts

  • Blogger Opp: ULTIMATE Busy Baby Bundle Giveaway #BloggersWanted
  • @PeachSkinSheets ‘Getting Cozy For Fall’ Giveaway (Ends 10/31)
  • ULTIMATE #BusyBaby Bundle Giveaway (Ends 10/31)
  • Incredible Savings and Benefits from Installing Solar Panels on Your Rental Property
  • When Bad Weather Strikes: Ensuring Your Aerial Installation Stands Strong
  • A Family Guide to Organizing and Packing: Tips for a Successful Move
  • Buying a Home in a Seller’s Market: Strategies for Success
  • Fun and Effective Ways to Keep Your Little Ones Safe from Germs on Adventures
  • Blogger Opp: Keika Naturals Skincare Giveaway #BloggersWanted
  • Keika Naturals Skincare Giveaway (Ends 10/15)

@PeachSkinSheets ‘Getting Cozy For Fall’ Giveaway (Ends 10/31)

ULTIMATE #BusyBaby Bundle Giveaway (Ends 10/31)

Keika Naturals Skincare Giveaway (Ends 10/15)

@MomentAtHome Candles Fall Giveaway (Ends 10/27) @DeliciouslySavv

PAW PATROL ‘All Paws On Deck’ DVD Giveaway (Ends 10/3) @PinkNinjaBlogg @DeliciouslySavv @ParamountMovies @Nickelodeon

$150 Amazon eGift Card or PayPal Cash Giveaway (Ends 10/15) #FallGiveaway @Versatileer

Monster High The Movie DVD Giveaway (Ends 9/22) @PinkNinjaBlogg @DeliciouslySavv @ParamountPictures

@ElseNutrition Kids Shake Mix Giveaway (Ends 9/30)

Enter More Giveaways!

Free Download

“Every day is another chance to get stronger, to eat better, to live healthier, and to be the best version of you.”

Productivity-Planner-Preview
Download the FREE Colorable Productivity Planner to get your life more organized. Sign up as a newsletter insider today!
Be a Better You!

  • Blogger Opp: ULTIMATE Busy Baby Bundle Giveaway #BloggersWanted
  • @PeachSkinSheets ‘Getting Cozy For Fall’ Giveaway (Ends 10/31)
  • ULTIMATE #BusyBaby Bundle Giveaway (Ends 10/31)
  • Incredible Savings and Benefits from Installing Solar Panels on Your Rental Property
  • When Bad Weather Strikes: Ensuring Your Aerial Installation Stands Strong
  • About Home Jobs By Mom
  • Terms & Privacy
  • Contact
  • Pinterest
  • Twitter
  • Facebook
  • Instagram

Copyright © 2023 · Home Jobs by MOM · All Rights Reserved

This website uses affiliate links which means we receive compensation if you purchase a product through them. Visit our disclosure page for more information.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
SettingsAccept
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT