Commercial RE Investing part 7

I have another site where I laid out my long term plans for RE.  The goal I set was  to make 100k net/month, from RE investments.  This includes mortgage paydown/equity gains.   In short, if we stay at a very low interest rate as we are now, If I  have to make 200-240k mortgage payments per month, I will have hit my goal!  That is a strange point of view, but If I am paying that much to the bank 50-60% will be interest payments and the other 40-50% will be principal pay down which increases my Net Worth.

Things I am doing to keep furthering my goal of 100k per month net income.

1) Work as usual. Singed another lease with a tenant today. 56 weeks into this two year section of the plan/more training as a PM.

2)  We passed the subject removal/conditions precedent date and the buyer signed off. If he backs out now, I keep his 100k deposit.  7 weeks to closing.

3) the last tenant's lease ended January 31,2022. They actually moved out on Feb 10th. I did a move out inspection with one of the owner's wife. I put a list together of 15 damaged items that will cost $ to repair. ie. Broken loading bay door, broken window, sawdust everywhere, dismantled HVAC system, Holes in the drywall, roof repair where they cut a hole in the roof , damaged office #2, unauthorized demolition of Office #1, smashed curb in the parking lot etc.. I have quotes for about 13/15 of the items. Once i have them all, I will send a final statement to the tenant for damages. I will propose a settlement or take them to court. The total cost will likely be 40-45k in damages, but depending on which lawyer I hire, I may go for the full 45 or reduce it to 35k to keep it in small claims court in B.C.

3b) I will have to take a few days off from work to schedule the required repairs to the parking lot, roof, window, loading bay door ....

4)I am still looking, lots of "fair" deals that need work. While I wait for my warehouse deal to close, i will keep looking for that "Great" deal. The goal is still an apartment building with 10-15 units.