If you want a simple and trustworthy way to boost your retirement, you should think about becoming a landlord. Currently, over 30% of homes in the US are rented, and the need for good rental properties is expected to rise in the next few months. With the market still full of foreclosures, there’s no better time for new investors to include this steady and reliable income source in their portfolio.
Although it sounds complicated, converting a foreclosure into a rental property is much simpler than it seems. Anyone, even novice investors, can go from “looking” to “leasing” in three months or less. You just need to get familiar with the process. Check out this infographic by Lifestyles Unlimited to see exactly how it’s done.