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How much real estate you really need to retire

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InvestwithACE

Rental properties aren’t cheap

•They usually require stabilization upon purchase… that means rent increases, tenants coming and going, upgrades, and management effort.
•You’ve gotta pay to run the operation. Taxes, insurance, utilities, landscape, garbage, vacancy, and maintenance.
•THEN you pay the mortgage.

You still make money.. but it’s not as much as you think, and not as soon as you think. So be patient.

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posted by proviant16