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Five Businesses for “Retirement”

Like many people who start a financial blog, I have a desire to achieve financial independence or be able to “retire.”Some people argue that you can’t be┬áretired if you still work. I don’t think it matters what you call it. I hope to get out of the day to day grind that we get stuck in to pay the bills. Within 10-12 years, my husband and I hope to be free of that, but I am not one to sit around the house watching the Game Show Network. I have a list of possible business opportunities that seem promising. These may never pan out, but it’s fun to dream. 1) Property Management-We already have a residential rental and a commercial rental. We hope to add 2-3 more over the next several years. By that time, we should be more experienced as landlords, and might even take on management of other properties. If we are “retired,” we should have plenty of time to take calls and fix leaky toilets in the middle of the night. However, I watched a show called World’s Worst Tenants this weekend. After seeing them wrestle an alligator out of a tenants bath tub, that could make ...

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