Sometimes it’s difficult to plan financially for the future when you also need to worry about here and now.
However, if you don’t think ahead, you most likely will be in for a rude awakening come retirement age. Now is not too early to be thinking and planning for retirement; and to help you, here are three questions from Time.com to think about:
Will you be able to replace enough money to retire while maintaining your standard of living?
Real estate investment has it own risks and the decision to invest should be carefully considered.
As a landlord there are certain costs that you will need to cover, potential vacancy problems that may strain your ability to pay your mortgages, and liability issues. It is important that you speak with an expert before putting yourself in a situation where you can potential over-extend yourself.
With that in mind, I have included some of the basic property types and benefits associated with real estate investment.