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Assuming income = revenue - expenses, he should be glad it's not negative. Many people lose money on rentals.


Cheez, don't hate. Rental property is great. You just have to follow a few common sense principles. It's not magic. The people that get fked are the ones that speculate and flip houses, that's not real estate investing, that's gambling.


I'm not hating, merely pointing out that $1000 profit is not unheard of for someone just getting started.




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