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Friday, November 20, 2009  7:35:31 PM 
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May
30
2008
Money: Save $1,000; Pros & Cons of Rental Property
Posted at 8:57:11 AM by Lance Turner 0 comments
The Digerati Life has a couple of good posts this week on money matters.

First, tips on how to save yourself $1,000. We could all use a little extra scratch to, say, fill up the gas tank once or twice, right? Among the suggestions:

1 Squirrel Away Your Money, Then Invest It
2 Clip Coupons/Use Grocery Rewards
4 Sell and Donate Those Unused or Unneeded Items
7 Revisit Your Current Bills and Expenses

More suggestions, and more details for each, are available here.

Next: Advice for those considering investing in rentail property. It's one thing to think you know the business because you've been a renter in the past, and another thing entirely to be the landlord:

If you’re considering the possibility of investing in rental property, you’ll need to do quite a bit of research and preparation. Not everyone is suited to be a landlord, and if you’re not careful, your rental property investment could lead to larger financial concerns. If your rental property does not produce a positive cash flow, you could essentially go broke by attempting to become a landlord.

But if you're still ready to take the plunge, learn more here.

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