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  1. JacM

    passive income - first Investment property or other avenues

    Assuming you were to acquire 2 such properties with that sort of yield that would consistently remain rented all the time, and assuming all the loans were entirely paid off, then by the time the rent comes in, bills get paid and tax gets paid, you would have, by the skin of your teeth, $3k per...
  2. JacM

    passive income - first Investment property or other avenues

    Let's pretend you spend the $300k like this: Use $50k to pay off your home which you rent out. I believe you mentioned it would fetch $1400 per month. Use the other $250k to buy a property outright. Let's say it fetches $1250 per month. Together the gross rental haul of these...
  3. JacM

    passive income - first Investment property or other avenues

    It really depends on whether you plan to work in India, what is your timeline for your income stream desire of $3k per month to come to fruition etc. So you'd need to clearly define these things first. It's easy enough to turn over more than $3k per month on $300k, but it is important to...
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