There’s a town in Central Florida that’s populated entirely by retired postal workers and their spouses. Nalcrest was founded in 1963 by the National Association of Letter Carriers (NALC), and it’s still run by the union, without government subsidy.
What does it cost to live in Nalcrest? The 500 apartments on the property rent for between $315 and $335 a month. A bargain. So, not surprisingly, there’s a long waiting list. Worth 25 to 30 years of sometimes back-breaking service? Maybe.
(Source: Palm Beach Post)
Similar Articles:
- A Formula for Dealing With Tenant Upgrade Requests – My husband and I recently turned down a tenant’s request for blinds in the living room of one unit o…
- Rental Real Estate 101: 4 Ways to Battle the Landlord’s Arch Nemesis – Just as The Joker is to Batman and Dr. Evil is to Austin Powers, rent control is the landlord’s enem…
- Word to the Wise: Desultory – "Desultory" (DES-ul-tor-ee) – from the Latin for "to leap" – means fitful, rando…
- How to Evaluate a Rental Property in 60 Seconds – When you start looking for a rental property to buy, you might find yourself overwhelmed by all of t…
- How to Get an Office For Free – My friend George needed a good-sized space for his business – with a reception area, conference room…
- The Easiest Little Retirement Plan – My brother is a talented carpenter. Before becoming a carpenter, he was an amazing chef. He is also …
- How to Find the Best Tenant for Your Rental Property – Owning and managing rental properties can be very profitable. (From just two rental properties, my h…