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Old 06-22-09, 01:49 PM
mitch17 mitch17 is offline
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Join Date: Oct 2004
Location: Farther north than I like
Posts: 5,606
Lots of good stuff from gunguy. I'd like to add that rental property is active income, not passive. Either you put in a lot of time and effort or you pay someone to do it for you, which obviously decreases the cash flow. I think working with a manager for a while is good to do as a newb.
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