More and more retirees don’t want to live far away in
communities that are programmed for only other people their age — they want to
be where their families are and where their life is. Following the Great
Recession, many of these investors have seen their portfolios and home values
slowly recover, but the thought of adding another home may be daunting. The
rental market offers a great solution and more benefits than traditional second
locations. Whether you are looking to rent in a more urban core or lease a
single family home near the kids and grandkids, there’s likely a wider array of
more desirable neighborhoods in the rental market.
amenities. Visiting the grandparents’ apartment has never been better with
resort-style pools, gyms, barbecues and theaters in the clubhouse.
maintenance costs. When you are renting, most of the major maintenance is
the responsibility of the management company or the owner. Pest control and
outdoor maintenance are usually included too.
4. Lock and leave
lifestyle. In traditional apartment communities, it’s easy to lock up your
place and know that your home is safer while you are away.
5. Peace of mind.
Signing a six-month, one- or two-year lease is a much easier commitment than a