How to Generate Passive Income from Real Estate During Retirement

When it comes to retirement, it’s important for people to generate as much income as possible to maintain a comfortable lifestyle. Along with Social Security and pension plans, many seniors are turning to real estate investing as a way to generate additional income. Rather than rely on stocks and bonds in an increasingly volatile financial market to build a nest egg, smart investors have turned to purchasing rental properties in an effort to gain passive income. However, before jumping into this venture, there are many factors to take into consideration. “Building a rental property portfolio takes time, patience and education,” according to Than Merrill, a San Diego based real estate investor and educator…