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| Why the heck would he want to sell the apartments. I wouldn't put up land again. The first year he was in the apartments he paid off $17,000 out of rent, a cash flow that he didn't have before he bought the apartments. This a cash flow that he has but you don't. For all I know he puts away more than you do from your job. A few days he has said he would like to be done with them but as debt gets paid down he can see it improve the bottom line on his balance sheet. Have you ever done a balance sheet. Do you know what one is? | |
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Rental Income Breakdown and K Shaped Economy
