Monday, February 26, 2007

Property FIVE

Fifth Property Purchased: London Ontario Duplex February 2006. Unbeatable location in the heart of London's best neighbourhood, great cashflow & fantastic appreciation potential that's already been realized in just one year. Undeniably the gem of our real estate portfolio.

Upper tenant's rent is below market rent as the tenant is a dream tenant - quiet as a mouse, very kind and considerate, pays on time etc... given those characteristics we've decided to leave the rent as is instead of jeapordizing the relationship and putting at risk the possibility of tenant leaving.

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