I'm buying rental properties. I will buy 10 properties and make rental income of $25,000 per month.

I'm buying rental properties. I will buy 10 properties and make rental income of $25,000 per month.

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  1. 4 weeks ago
    Anonymous

    I doubt it

  2. 4 weeks ago
    Anonymous

    I doubt it

  3. 4 weeks ago
    Anonymous

    I doubt it

  4. 4 weeks ago
    Anonymous

    I doubt it

  5. 4 weeks ago
    Anonymous

    I doubt it

  6. 4 weeks ago
    Anonymous

    Sounds like a nightmare to manage as one person. What's one more person, one more overhead.

  7. 4 weeks ago
    Anonymous

    And you’ll pay 45,000 a month in mortgage payments and be responsible for anything that goes wrong in any of the dwellings, you financially illiterate TikTok moron

    • 4 weeks ago
      Anonymous

      Also one of your renters will burn down one of your rentals and flee and your insurance won't cover it.

  8. 4 weeks ago
    Anonymous

    do it in a pro landlord red state with good eviction laws and low taxes at least if you gonna.

  9. 4 weeks ago
    Anonymous

    this is OP https://www.msn.com/en-us/money/personalfinance/we-own-7-properties-why-can-t-we-pay-for-groceries-ramit-sethi-challenges-socal-couple-to-lose-their-poverty-mindset-examine-the-facts-and-enjoy-their-wealth/ar-BB1hfm2X?ocid=msedgntp&pc=NMTS&cvid=85b04596d23241e5ab9d3513d855e2e8&ei=12

  10. 4 weeks ago
    Anonymous

    Playing monopoly sounds cool until you realize it’s a shit ton of work and headaches and you don’t anyways get the returns you anticipate. Buy BTC and chill with better returns

  11. 4 weeks ago
    Anonymous
  12. 4 weeks ago
    Anonymous
  13. 4 weeks ago
    Anonymous

    I believe it

  14. 4 weeks ago
    Anonymous

    it is hard to find places where the math works. in my area at least buying an investment property is basically impossible.

  15. 4 weeks ago
    Anonymous

    I need 4 years of wageslaving minimum to buy one decent rental property outright, and that's if I'm lucky. I don't think I can make it that long bros...

  16. 4 weeks ago
    Anonymous

    >I will buy 10 properties and make rental income of $25,000 per month

    Excellent, now deduct the costs of land taxes, maintenance, vacancies, non-paying tenants and possible court cases

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