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Why do people buy rental units that can barely pay itself?
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10-08-2006, 05:08 PM
HighRoller
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Join Date: Feb 2003
Location: MN
Posts: 1,037
appreciation and all of the tax benefits
lots of reasons, too many to list
I know of investors in markets that haven't appreciated for 10+ years in a row ,not recently, but you buy for other reasons, it's not all about cash flow.
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