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Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

When they got married, they bought a duplex so that the rent money from the tenant in the upstairs apartment would pay the mortgage. Even though Alan was an IT professional by trade, his logical mind also understands what makes all kinds of mechanical things work, and he can repair just about everything I break.

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Money Matters: Why January is the Best Time for a New Rental

Motherhood Moments

You won’t have to deal with so much competition. Landlords might also have more time to devote to maintenance and repair work right now,” points out Bordo. “If But in the winter, landlords might not have many (or any) prospective tenants—and they may be more willing to negotiate in order to fill a vacant unit.

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The Top Three Ways People Get Rich

Prairie Eco-Thrifter

The businesses weren’t even that extraordinary, they were auto repair shops; CPA services; or other types of goods and services that all of us need or want every day. The ability to leverage your money by getting a mortgage on a piece of income property and letting your tenants pay it off is unique in the investment world.

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23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

What if you get a tenant who pays late or damages the property? You may suddenly have tenants who can no longer pay their rent, while you may still have a mortgage of your own to pay. You’ll arbitrage the difference in your purchase and sale prices, and may be able to build a following of individuals who track your deals.

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