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Updated almost 11 years ago on . Most recent reply

User Stats

431
Posts
171
Votes
Joseph Weisenbloom
  • Investor
  • Austin, TX
171
Votes |
431
Posts

First rent check!!! BOOM

Joseph Weisenbloom
  • Investor
  • Austin, TX
Posted

A little background on me I recently bought a duplex and plan on living in one side and renting the other out. I hope to lower my expenses so I can further invest in real estate. I have been wanting to invest for a while now and things are finally coming together.

As of this week I signed up a tenant and collected my first rent check. I am currently sitting on the balcony of my apartment on its last day of lease. I will be moving into my new house tomorow. It is very comforting knowing that as the next month starts I will be freed of my rent payment. The rent check came in at $750 and will be able to pay PITI and utilities. I wouldn't consider myself a success yet but I am working on it :)

I need to thank @Bryce Y. and @Adam Roberts for mentoring me though the process and answering all my questions. Ive got my sights set to aquire one more property this year.

Most Popular Reply

User Stats

98
Posts
36
Votes
Tim L.
  • Realtor
  • Palm Beach Gardens, FL
36
Votes |
98
Posts
Tim L.
  • Realtor
  • Palm Beach Gardens, FL
Replied

Congrats!

As another newbie investor I can't wait for the day that I I get that first check. Here's to many more!

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