Dave Chilton
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Appearances Over Time
Podcast Appearances
You don't have to chronicle
your capital expenditures on an ongoing basis.
No, because the money's coming and going at different times.
You have to enter that into pretty advanced software to give you that number.
But of course you should be doing that.
Because you have to compare it to alternatives.
You should know to some extent.
And I couldn't agree with you more.
There's a real lack of knowledge on that front.
But even for homeowners, not for landlords, I find that they're out of touch with that.
Like, I can't tell you how many friends I've had say, well, I bought the house at $500,000.
I sold it at $1.5 million.
I tripled my money.
And then you say, remember, you did that.
$450,000 rental.
Yeah.
Yeah.
You probably should count that in the math.
Yeah, no, I think you, you said all that very well.
Okay.