- O
- ARCC
- BXSL
Several of my friends and family members own or have owned rental properties. It can be a great way to generate <a ve heard from them is that the income they make isn't nearly as passive as they'd like. Headaches of owning rental properties include dealing with difficult tenants and unexpected repair costs.
Using an experienced property manager can help. The catch is that doing so eats into how much you make.
I have another idea, though: Skip buying a rental property and instead buy high-yield, high-quality dividend stocks. Investing $90,000 in these three stocks could make you over $7,000 in annual owning real estate without any hassles, consider buying shares of Realty Income (NYSE: O). This real estate investment trust (
<p>You don’t have to limit yourself to real estate to enjoy steady and dependable income, though. <strong>Ares Capital</strong> (NASDAQ: ARCC), the largest publicly traded
