I don’t always do leases but when I do when I do it’s like the most interesting dude from those beer commercials doing leases, riding helicopters, winning at the casino, running from the bulls…
25 Grenville St generates a monthly gross income of $2500. For mortgage calculations on the fly I use monthly principle and interest costs of $500/m per $100,000 borrowed. $2500 covers monthly principle and interest on a $500,000 before expenses.
I am not driven by selling or buying. It’s not what gets me up in the morning nor what keeps me working late into the night. I am driven by a desire to be free, to do what I please with my time, to travel and experience all that life has to offer. My desire to be free is what lead me to Income Producing Property Investing. More...