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Reply to "Should we have tried to keep our old home as a rental?"
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[quote=Anonymous]Not a lucrative proposition at all. Would only keep a house if you plan on living in it again. Otherwise, you are much better off investing in a REIT or anywhere else. One year was such a money sinkhole that it wiped out all of the prior years’ tiny profits. Plus this doesn’t even include the tenants who think lease terms are optional. They create nightmare situations. Any income is not passive. It is a loser of an investment. [/quote]
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