In most cases, landlords are simply middle class persons that have foregone faraway vacations, frequent dinners out, expensive clothes, new cars and other luxuries in order to save money to invest for retirement and a bit of security. Many aren't comfortable with the swings of the stock market or don't have government pensions that ARE "guaranteed by the power of the state". It has also become an increasingly difficult investment, as property taxes have increased dramatically in the past decade. Also, one does not have the privilege in the choice of renters as one has to be careful not to discriminate which often necessitates paying a property manager to help properly navigate things. Take care all.
Missoula News/Independent Publishing |
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