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2298: How Many Toilets Do You Own by Joel of 5AM Joel

Optimal Finance Daily - Financial Independence and Money Advice

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How to Invest Like a Newbie

When young people hear that I own a few rental properties, their eyes light up. Out of the six-figure income my toilets generate each year, about 75 to 80% of that money is flushed away with expenses. Before buying any new investment property, it's imperative that all ongoing maintenance, repairs, and any potential disasters are accounted for.

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