Property Management Insights
Rich shares his approach to managing multiple rental properties, revealing that he often uses income from existing properties to fund renovations on new acquisitions. He estimates an average net income of around $400 per month per property, although this can fluctuate based on ongoing renovations. The conversation highlights the complexities of tracking individual property finances within a consolidated management system.In this clip
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091 | Rich Carey Real Estate | Building a Rental Real Estate Snowball Machine without Debt
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