In October I finished rehabbing House #9 and got it rented out. I think the tenant is going to be low maintenance as long as he pays his rent without fuss and on time. My rental income took a serious hit since some of the major purchases (flooring, appliances, etc.) for that property are reflected in this month's number.
October Income
$668 Mystery Shopping
$2,531 Rental Income
$2,531 Rental Income
$272 Other Sources
$3,472 Total Income for October
Notes:
Notes:
- I deduct rental expenses, including rehabbing new properties, from rental income. Otherwise this amount would have been higher.
- I did more mystery shopping than I was paid for. Those payments will be reflected in November.
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