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#plays #value
One of my favorite value plays is to fi nd a property with higher - than - normal expenses. Most properties operate with expenses of about 50 percent of gross income. When you see the actual fi nancials of a property with higher expenses, determine if you can lower those expenses to the average level.
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owner: Redemption - (no access) - [David_Lindahl,_Trump_University,_Donald_J._Trump](b-ok.org) backup.pdf, p32


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