All Forum Posts by: Tyler Jahnke

Hey BP!

Here's another quick update for you. I officially received my fifth rental check deposited to my account last week: $750 gross rent - $75 management fee = $675 in my account.

I also sent a casual check-in email to my property manger on August 20th (19 days ago...) asking a few basic questions about maintenance, repair, and if they've been by the property in the past 5 months.

I have not heard from them at all. I even sent a second follow-up email on August 24th. Communication continues to be very frustrating.

-Tyler

@Kraig Kujawa - Conservatively, my cash flow is $375/month.

Hi @Nate Hammond - my plan is to close on a second rental property and have it rented by the end of 2017. I'll use my connections made out in Indy to target, acquire, and manage this second property.

-Tyler

Hi @Will Zena the past 5 months have been pretty smooth. I should be getting my next rent check next week. If you've been following along, I've reported once each rent check comes in and mention my expenses (which have been $0 so far...*fingers crossed*).

-Tyler

Thank you @Ayodeji Kuponiyi !

-Tyler

Hey BiggerPockets!

Got another super quick and boring update for you. Hoping these updates become very very very routine! I officially received my fourth rental check deposited to my account today. Details:

$750 gross rent - $75 management fee = $675 in my account.

No expenses for the month of July.

-Tyler

@Diane G. - I joined BP to be a part of a supportive/interactive/knowledgeable real estate community. I get it...you've stated it multiple times...you don't agree with my strategy. And it'll be years until I can conclude if I made the right decision on this property. But, there's no going back!

Thanks for your positivity. I wish you the best of luck in your investing.

-Tyler

Hi @Diane G. - I pay property tax and insurance as the landlord. 

My tenant pays utilities. 

-Tyler

Hey BP!

Got another super quick and boring update for you.  Hopefully these monthly updates will continue to be pretty vanilla for the foreseeable future! I officially received my third rental check deposited to my account today. Details:

$750 gross rent - $75 management fee = $675 in my account.

After three months I've also been able to accumulate a little expense cushion, which is always comforting. Being super conservative, I've set aside $1000+ for future expenses and taken the remaining as cash flow.

No repair or maintenance expenses for the month of June.

-Tyler

Hey @Stefan Isaksen - I'll be out of town that weekend for the July 4th holiday. Hopefully I can make the next one!

-Tyler