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Reply to "Stop 401k and Purchase a Rental Property?"
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[quote=Anonymous]You are not going to make much rental income on a place you purchased recently and started renting. Yes, you will be paying down principal, but it won’t help your cash flow much until rents increase well above the price you paid for the house. Have you looked at what your expenses will be vs the likely rent you would get? You’ll see what I’m mean. It’s a long game, not an immediate cash generator.[/quote]
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