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re: 401K v. Real Estate
Posted on 1/27/17 at 7:00 pm to The Johnny Lawrence
Posted on 1/27/17 at 7:00 pm to The Johnny Lawrence
If you don't factor in management, then you just created yourself a full-time job, even with just a few houses. You have to factor that in, in case you are no longer able to take care of them. You don't want to put that burden on someone else.
I'm not positive, but I think 1% rent is what renters are happy with. 2% is the holy grail.
I'm not positive, but I think 1% rent is what renters are happy with. 2% is the holy grail.
1
Posted on 1/27/17 at 7:11 pm to Rust Cohle
Yea. I need to go add that in, but I think I could handle the management up until I get multiple houses. So I may only add property management after I own like 4 houses.
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