People all over are looking for ways to survive during this economic crunch. What can property owners do if they can't sell their house? They can rent out the house or rooms in the house. Often these homeowner, now accidental landlords, end up moving into a cheap apartment while there home is rented.
Time magazine has a good introductory article on this phenomenon. The author notes that this can save homeowners' in a cash crunch.
Even though being a landlord is not an easy path, in times like this it can make perfect sense.
Our future posts will talk more about Accidental Landlords and give tips for the best strategies.
Read the entire article here: Accidental Landlords: Renting What Won't Sell