Friday, January 8, 2010

How you can live rent-free

Imagine not paying rent for a year. Caretaking or 'workamping' can score you places to stay gratis, usually in exchange for minimal obligations.

By Donna Freedman
MSN Money

Housing is almost certainly the biggest bite out of your budget. If you had no rent or mortgage payments, what could that mean for your bottom line?

An apartment-house manager can negotiate free rent and a small or large salary, depending on the size of the complex. I do this. Sometimes I wish I didn't -- when a tipsy tenant loses his keys at 2 a.m., for example, or when a washing machine leaks soapsuds all over the laundry-room floor.