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Updated over 8 years ago,

Steve S.'s profile image
Steve S.'s profile image
Steve S.
  • from Dallas, Texas
  • Member since Feb 15, 2014
Connect

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649
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Steve S.'s profile image
Steve S.'s profile image
Steve S.
  • from Dallas, Texas
  • Member since Feb 15, 2014
Connect
Steve S.
  • Dallas, TX
52
Votes |
649
Posts
General Landlording & Rental Properties

I have 2 rental properties. Benefits of paying off early?

Steve S.
  • Dallas, TX
Posted

What are the pros and cons?

I have bought them within the last year.  I could probably pay off both in 3 years or so and would gross about $3,000 per month in rent at that point.

Are there reason NOT to do this?  $3,000 more per month of consistent cash flow would = early retirement.  

Are there reasons TO do this?

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