I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


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Tuesday 4 February 2020

Rent out your spare rooms for passive income??? (2)



Living with strangers may pose health hazards to the family. Who knows what diseases your tenants may be carrying?


For this round is Coronavirus: Some landlords in Singapore, fearing infection risk, turn away tenants returning from China

Read? Rent out your spare rooms for passive income???


9 comments:

  1. Privacy is priceless, especially in these days of modern technology.

    ReplyDelete
  2. Once a while, we can learn from real life situation on price of forgoing or trade off. We can't have it all.

    ReplyDelete
  3. Having lesser may not be actually worse off.

    ReplyDelete
  4. Nice food for thought, I have always planned to rent out my spare rooms for extra cash

    ReplyDelete
  5. Ehhh.... renting not really passive income leh. Kekeke!

    Reminds me 25 years ago I had this foreigner colleague who rented a HDB storeroom to sleep @ $200/mth. Now he also has a 5-rm HDB & a rental condo.

    As for own abode, no spare rooms lah: 1 bedroom, 1 man cave, 1 woman cave. :P

    ReplyDelete
  6. Quite interesting.

    Some tenants actually value privacy more than landlords while staying in the same household. They don't come out of their room unless necessary.

    Some tenants more scared of the landlords passing them the germs as there r more people in the flat that is the family of the landlord than them.

    ReplyDelete

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