Assume you rented a house for $2,000 a month. You own the home and it is completely paid off. You also live in another house that is also paid off. Would you quit your job (most likely a higher salary and benefits) to enjoy life and never work again for some money to survive? I would assume a very frugal life.

  • Hazdaz@lemmy.world
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    1 year ago

    Oh when are the illogical “lAnDlOrDs ArE eViL!” pitchforks going to come out??

    Either way, $24k doesn’t pay for shit. Taxes alone on a house could take a huge percentage of that $24k/year. Even the lamest of burger flipping jobs would double that money coming in and give you some more reasonable amount of funds to live off of. And if you are renting out a house for $2k/mo then you’d need insurance and cover maintenance. Everything costs money.