When A Man Stands Alone

Kenneth O'Mard faces the challenge of managing property, controlling finances, and raising children

least double that amount.

CREATE A BUSINESS PLAN
Since O’Mard wants to start his own property management company, he should develop a business plan and look into funding sources such as federal government loan programs and grants. He might also want to consider taking a property management course to help him prepare for his venture. BE

Winner No. 44 Kenneth O’Mard
Financial Snapshot:

HOUSEHOLD INCOME
Gross Income $43,000
ASSETS
Home 1 $109,000
Home 2 130,000
1993 Mercedes-Benz 7,000
Mutual Funds 3,000
Checking Account 2,000
Savings Account 1,000
401(k) 8,000
Total $260,000
LIABILITIES
Mortgage 1 $58,000
Mortgage 2 30,000
Car Note 7,500
Personal Loan 3,000
Total $98,500
Net Worth $161,500
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