General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 10 years ago on . Most recent reply

$10k in monthly principal and interest payments!
I'll be closing a $345k 12 unit tomorrow and that will put me at just under $10k a month in total principal and interest payments on my 42 units.
I'll continue to build my portfolio, but that's a decent number to think about as far as a monthly income when they're all paid off in 20-25 years. I'm 37 and can definitely see myself having a $250k a year "draw" from my business in my late 50's if not sooner!