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What would Lombardi say?
#2
Imagine, instead of 50 stocks, you own 5 rental houses. Do you check the possible sale value of these houses every day? Do you particularly care what the value of any house is at any time other than when you want to sell? No, you care if your monthly income (rent) is more than your monthly expenses (taxes/repairs/insurance/mortgage). Honestly, most of the time you want the value of your houses to no increase so your taxes and insurance don't go up. If general house prices drop, but rent stays flat (or increases), you would actually be tempted to buy a 6th house.
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Messages In This Thread
What would Lombardi say? - by Robandcindy2 - 01-11-2016, 08:47 AM
RE: What would Lombardi say? - by benjamen - 01-11-2016, 10:18 AM
RE: What would Lombardi say? - by rayray - 01-11-2016, 11:54 PM
RE: What would Lombardi say? - by cannew - 01-16-2016, 11:33 AM



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