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If you own your house then buy a rental property for cash again. You should at best get $1k/month from your rental if you buy it for $350k!!!! Say you buy a single family residence you should be able to get at good family in there. Depending on where you are, you might split that in two chunks for 175k and get two properties and two families rented. You still might have a mortgage but it's still safe because you should earn at minimum 2k/month and that will pay the rest of whatever is left for mortgage (which should be minimal). Assume all my numbers are low. Shit you should get 10% min on any real estate investing and then you also get appreciation on your property. I figured it was something like 20-25% on all appreciation on the properties that I currently have.
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