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by treis 2229 days ago
She's probably not counting appreciation and principle reduction. Her 1.2 million in mortgages is probably on ~2 millionish in property. Last year she probably saw their value go up a few percent while paying down 40k in principle.

Her profit is probably in the 6 figures and the 24k is cash flow.

1 comments

Hopefully. She's probably just considering the profit that enables her to eat.