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Subject:  Re: Possible first buy Date:  7/25/2001  8:51 PM
Author:  Trick Number:  596 of 14356

So let's take a quick look at a typical deal that I did a few years ago. I put up $65K to purchase a $445K property. In the first several months, I spent about $15K in repairs, but that all came out of cash flow.

Nice deal. But did you have to wear a flack jacket to collect rents?

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