Brian Burns and his partner had always dreamed of an early retirement that would allow them to travel the world. So they decided to build a smaller, sustainable home in their backyard. The idea? They realized they could use the backyard home as secondary rental income while they continued to live in their main house, and then when they retired and started traveling, they could move into the backyard home and rent out their main house.
“As we were looking toward retirement, we really wanted to spend more time traveling and didn’t need a big home,” Brian said. “As we get older and find the right time to retire, we’re just going to move into the backyard home and use the main house for a long-term rental. And as we start traveling, we can rent out the backyard cottage while we’re gone. Short-term rentals for corporate folks or people like traveling nurses, whatever makes sense. Just not a permanent tenant. This way we’re still receiving extra income, covering the bills, fulfilling our desire to travel, and have a home to come back to when we return.”