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Simple truths

Simple truths

Before you decide to pump into real estate, it is worth deciding on what your new acquisitions will serve as: as an asset or liability. If you purchase a property to live in it – then this is a liability as it requires constant investment of additional funds. It becomes active when it starts to generate income, i.e. – to be sold. Net profit in this case is the difference between the cost of buying real estate and the price…

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