| Sensible Developments, LLC
2314 Cecil B Moore
Suite 2B
Philadelphia, PA 19121
Phone/Fax: 215.525.1052
Email: info@sensibledevelopments.com
Facebook | Twitter (@SensibleDev)
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Random Real Estate Tips
Rental income is a great source of passive income during retirement. Once all mortgages are paid off, the entire rent fee goes into your pocket. Multiply the rental income from one unit by 10 then by 12. (i.e. 600 x 10 x 12 = $72,000 gross). This goal can be met by accumulating 10 properties with an average rental income of $600 ($6,000 monthly x 12 = $72,000 yearly). After all liens are paid off, that will be your gross rental income in the future. This along with other investments can provide a comfortable retirement in 20 – 30 years.
Sensible Developments Rebuilding Philadelphia Blog
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