Rental Income

Type: Concept

As of November 2026, Rental Income has been mentioned in one podcast episode on The Ramsey Show (Feb 2026). Diane describes $2,500/month rental income funding her husband’s discretionary spending and their cashflow.

Renting, also known as hiring or letting, is an agreement where a payment is made for the use of a good, service or property owned by another over a fixed period of time. Typically a written agreement is signed to establish the roles and expectations of both the tenant and landlord. There are many different types; a rental agreement tends to refer to short-term rental, whereas lease refers to longer-term rental, also known as leasing.