Are you worried about your 401k and your retirement funds running out? I’ve got a good solution for you!
Buy a single rental property, rent it out, and hold it long term.
One of the key things that I see is people are really worried about their retirement. What are they going to do and how are they going to pay their bills when they don’t have a job?
You probably can’t rely on Social Security to pay your bills, because it’s just not enough money
So that’s why I think investing in real estate becomes key! I always tell people if you have just one rental property at least you know you will have income coming in for life.
The great thing about a rental is every year you can raise the rent so that income goes up over time, and the property’s value increases over time as well.
So if you are looking for a way to secure your future and you are worried about your retirement, then think about buying some rental properties.
The advantage to this strategy is that every year rents can go up, the value of the property will increase over time, and you’ll never have to worry about your retirement money running out!