Wednesday, August 25, 2010
That was a quick 9 months
So in my last post I told a scary story about owning an old multi-unit house. This story included lots of snow, leaks in the basement and mice running around. This is what you usually hear when talking to landlords - the horror stories. What you don't hear is that over the past nine months, I have collected rent checks from my two tenants on the first of every month. This has paid down my mortgage for the last nine months and if I have to deal with some leaks and shoveling (all of which I would probably deal with owning a house on my own) to have someone else pay my mortgage than I will take that EVERY time. So I am back to write a little bit because I am excited. I am dealling with my first vacancy - not a horrible thing, and I am putting an offer in on another investment property...stay tuned.
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