Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago,

User Stats

47
Posts
4
Votes
Fred Gonzalo
  • Englewood, NJ
4
Votes |
47
Posts

HI GUYS! Question about your first rental income =)

Fred Gonzalo
  • Englewood, NJ
Posted

Good morning guys.. Love the site. Today is my first day..  

Im a new investor, who bought a property about 8 months ago. Have a new property manager since the house is about 1 hour away... Had to get rid of the previous property managers since they never answerred their phone or gave me updates or even fix the house as they promised. Anwyay, about 2 weeks ago, my property manager called me and said they have a new tenant..gave me some numbers and said they would email me the lease. Since im a beginner...MY question is..  Do i get the first month security or any of that? when will I expect my first rental check..  4 weeks? 6 weeks? and do they all come in at the same time? Whats a voucher? I would just like to know whats next after the property mgr told me..OK we got a tenant for you.  and how long does the process take before i see anything via email or snail mail like copy of lease if thats what im supposed to get.

Thank you so much guys..

The house i bought was about 45k...and 15 to rehab in NEW JERSEY. As i understand a wise investment if to get rental income instead of selling in that area.

Loading replies...