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re: How do I build passive income?

Posted on 12/24/19 at 10:23 am to
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72929 posts
Posted on 12/24/19 at 10:23 am to
quote:

So you’re telling me maintenance and property management fees can’t take away profits?




why can't you read?? why??

i posted:

quote:

maintenance whether with or without a PM can eat away at cash flow. it is part of the game.


what do you not comprehend about that?? Where does that say it does not affect profits?


The point is i buy with the PM expense already incorporated into my cash flow aka buying right. if numbers are not what i want i do not buy. WHat do you not understand about that?

You stated:
quote:

you are pretty much eating up any profits unless you're buying properties on a large scale ie apartment complexes.


so my profits are basically all eaten up unless i have apartments? such a stupid uninformed statement.

This post was edited on 12/24/19 at 10:34 am
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