30. How Much Our Rental Properties Actually Made: Q1 Portfolio Recap

What happens when rental income looks great on paper—but repairs, vacancies, and property management mistakes drain your cash flow?
 In this honest Q1 recap episode of Real Estate Chisme, Violeta and Lindsay break down the real numbers behind their rental portfolios and the unexpected challenges that came with them. From costly repairs and vacant units to frustrating property management issues, they share the lessons they’re learning while navigating the realities of real estate investing.

Lindsay reveals how over $41,000 in rental revenue was quickly reduced by rehabs, utilities, management fees, and debt service across her 12-property portfolio. Violeta opens up about a “problem” property that led to surprise bills, city complaints, and growing frustration with her property management company.

They also discuss:
 • The true cost of vacancies and turnovers
 • Managing older properties and unexpected repairs
 • Rising property taxes and affordable housing challenges
 • Lessons learned from tenant communication and self-management
 • How they’re adjusting their strategies moving into Q2

This episode is a transparent look at the ups and downs of building wealth through real estate—and why staying adaptable is key when things don’t go according to plan.

Tune in for an honest behind-the-scenes look at what real estate investing really looks like when the spreadsheets, stress, and surprises all collide.

Transcript

SPEAKER_01 0:00

I don't know what's going on that y'all just been dropping the ball left and right, which has pushed my timeline on what my real estate investment goals have been because now I've had to most of the months have been paying out of pocket at this point because of all the craziness. And so now I don't trust y'all no more to give y'all another property. My goal was that I would be continuing in this market and turning them over to y'all, and we would grow. So, like, you know, what the heck?

SPEAKER_02 0:26

This is Lindsay, this is Linda's investing, and we're just here to do a recap or a two-wine. And this was Liletta's idea, but I think she's gonna regret it to go to go and actually look through all of the expenses and repairs and income that came in from March, well from January to March, but that's bookkeeping. Hi Luleta.

SPEAKER_01 0:50

Hey, yeah, I figured it would help to keep me on track. I'm doing my bookkeeping because I have the habit of just maybe doing like the bookkeeping twice a year, even though like my property manager does it for me, anyways. I still have to go through and yeah, I glance at it like every month just to see, but then I like to go see what all is going on with the stuff. So I've been trying to at least do it quarterly, and now I'm forcing Lynn to do it quarterly with me. So we're gonna like talk about how Q1 went. It was rough. I think we did an episode where we recapped our 2025 year, so definitely check that out. And yeah, we both had kind of like a rough year, and then my Q1 started off a little bit rough because I still had a property. Uh, one of the units was still rented, and then I still had some things that came up that we're gonna talk about, and yeah, see see how how it's going so far.

SPEAKER_02 1:48

Yeah, and she was just going over like something. What were you going over right now?

SPEAKER_01 1:53

So my property manager sends me a monthly statement and it has everything that they did, and so I just use the March one and it's as it sends me one like every month, it just keeps adding it to the previous month. So it's already kind of like a Q1 report if I use March. And so that's what I was going. And I'm still finding things that I was just telling her. I was like, what is this $19 insurance thing? So that's something that I will be talking to the property manager. I was telling Lynn that I have an appointment with my property manager on Tuesday to talk about some of the discrepancies and some of the they really slacked on the property management towards the end of last year. And now it's you know, bleeding into this year. And so I I emailed the operation manager and I was like, what is going on? Like what I sent them, I used Chat GPT to, you know, say it more nicely, or not nicely, but more professional but firm, and and get all my thoughts together because I like I go all over the place, especially when I'm pissed off. And so basically I told him, like, hey, you know, this one property I've had y'all as my property managers since 2021. And this is the third property that I brought y'all, and for some reason this past year, it's just been like chaos with this one property. The other two properties have been fine, but I feel it's because they were already set up, and so maybe they're going through like growing pains or something. I don't know, but they just like drop the ball on so many things that cost me money, and so I told them, like, we need to talk about this and like what kind of financial accountability they're gonna take, which basically means like what you know, y'all need to give me some money back because y'all dropped the ball on this and it's costing me money, and that's what I'm paying y'all for. So yeah, we'll see how it goes on Tuesday. Maybe we'll do if we get a chance. Well, maybe I could squeeze in Sunday and then we could go over how my meeting went with them.

SPEAKER_02 3:54

Yeah, and since I had to do over, I think I can share my screen, maybe. Let me see. Because you make me do it, so I was like, Oh my god, if you let that's gonna make me do it, and then I didn't even do it. What the heck, anyways? Well, I was like, Well, you know, like it's don't comment on my little spreadsheet. I know it's rudimentary, and then it's not like policing to the eye or anything, but here it goes. So this is three months worth of number, so 12 properties right now, and total revenue sounds like a lot, right? 41,626. And then if I don't remember going into 2026, I had one to two vacancies or three vacancies, two or three vacancies. So when we look at the management fees for the three months, it yields 3,812. Which if everything was rented and if there were the property manager was just taking 8%, it would be something along the line so 1200. But because the first when they place a tenant, which they place to tenants in March, then they take half the first months, so that's why it accumulates to $3,800 this time. But repairs, you can see I repair a lot of things, $8,866. And this majority comes from I was still doing a rehab in January. So if you don't know, I pay my contractors to my property manager. So I send money to my property manager, and then she pays the contractors herself. And then so everything goes through the software, so everything is captured and recorded here on the table that she gives me, which is like the income and expenses generational table that they give me to use building. Supplies. Supplies are just things that they pick up, like extra mirrors, blinds, things like that. They need to put in each unit for different things, or they replace the filters, or they replace any of the carbon monoxide detectors. I not remember the tenant had removed two carbon monoxide detectors, and we caught it on the inspection that we did yearly. So we were like, what the heck, where'd you put those? And so we have to put new ones on there as well. Utilities. So I have a duplex for the first time. This I didn't know how much utilities would cost in this duplex because I only had one tenant for the longest time, and my my water meter is not so greater, only my electric meter is greater, so I have to pay for water with a particular unit until I figured out how much is the expenditure for those two. So I'm paying for water for one that one duplex, which you can see there, bundle and which is $924. And then right, right, it was completely empty. So I had to pay for everything gas, power, and electric over the three months that were empty, and also that's during winter. So they have to leave the hot water running because we don't want the pipes to freeze, and also the gas running at a minimum of like 60, I think, minimum of 60. And then so it brings all my total expenses of $15,000 and $337. So $15,000, that's a lot, anyways. And then my service debt, which ends up to be uh a total of $23,562, which leaves me with a net profit of $2,600. So this does not include vacancy repairs or maintenance. This is just like debt service and expenses. So yeah, that's what I accumulated over Q1. And I didn't want to look at this, but Mileta made me do it. So keep in mind, I haven't had anybody being full occuping on my rental. So as of March, I have full occupancy, which it's gonna eliminate most of the utilities that you see here. And I'm not rehaving anymore, so I don't know how I have any more repairs, so there's more cash flow coming into my progress, into my portfolio. So really, really, it's uh I just need to stop doing things.

SPEAKER_01 7:54

Yeah, yeah, that's a lot, uh a lot. It's kind of rough when you see the numbers, so it's like uh it's it sounds nice when you say, like, oh you you brought in uh what was it again, like 47 or something like that, Kay? Yeah, 4100, yeah, 31,000, and you're like and then it's like oh, except I did this, this, this, this, this.

SPEAKER_02 8:15

Yeah, yeah, definitely. But this was three months, so I kept I keep revising the numbers because I was just like this just sounds too high for like a month because I'm thinking like it's monthly, but it's not monthly, so yeah, three months, yeah.

SPEAKER_01 8:28

Yeah, I have my I'm not gonna share it because it has like the tenants like names and stuff like that. So, but I'll go through and so and my the I have two properties that my property manager has been doing well, but again, they've kind of been established, so they just kind of like run, like the only things it's just like whenever there's a turnover or something crazy. So they're just kind of like they run like clockwork, but like this last property that I turned over to them, it's just been like issue after issue, and then I thought, like, all right, we're good in January, and I'll go through this problem child of property first. So for Q1, I brought in $3,450 in rents for this one property because one of the units was still not rented, it just finally got rented this year, so it got occupied, so that's good, but it just kept having like random things uh in January, freaking pissed me off. I don't know what happened, and this is what I'm I'm talking about like the management. I don't know what's going on, they're not talking or whatever, but they for some reason, you know, like landscaping, yard work, and stuff like that falls on the tenant, but I don't know what happened in January that they thought or they just never turned it off of managing the property because now there was a tenant there. So yeah, while it was vacant, I had like landscaping going, mowing the lawn or whatever, and maybe a little bit of other random things. But January was the time that there was a lot of snow. We had that whole winter storm and freeze and whatever. And for some reason, they charged me the snow removal for this property, which totaled $630 because they kept going almost like uh I think it was like that for four days straight. And so they kept sending somebody to do the removal every day. And I was like, and then I saw it hit and I was like, I called, I was like, What is what is going on? Why am I getting charged for sole removal? This is the tenant's responsibility, and then so then I started communicating with them. I was like, dude, like this is the other thing, like another issue from this property. Y'all already gave me issues from the lease with the Section 8 tenant and all that stuff. So January, first month of the year, already starting off wrong with this property, getting charged $630, which is one of the things that I'm gonna tell them, like, I'm not gonna pay for that. Like, y'all messed up and had them do this no removal when it's not part of the lease. Like, y'all did it. So uh we'll see how that fight goes. And then if not, I saw somebody mention about like they replaced their property management with like Hemlain or something like that. I did start looking up. I'm using Rent Ready for the one that I'm managing here, but that's because I'm here. And I think with Hemlane, I think you have the option of being able to like maybe one month, let's say I have an eviction that I need to do. You could then sign up for that and they do the eviction, then go back to the membership. I'm not too sure. I thought someone mentioned that as my so maybe we'll see how it goes. And then I had some with this property also. One of the issues was that this tenant moved in and there wasn't a storm door. For some reason, there was a security door, but not so they put the wrong door or had the wrong door. I don't know, and I guess it was overlooked during the turnover. And the tenant was saying, like, hey, you know, I needed a door because also around the door, the weather stripping had like messed up, and so there was like bees that were coming in because there just happened to be a bee's nest, so they had to knock that down or whatever. So the tenant got upset, they notified the city to make a complaint, and so now I have that because they failed to fix that in a timely manner. Because they at this point, the first mention of that was sometime in August, I think August, September, and then it just now I've had them get it fixed because it just wasn't relayed to me, it got overlooked or whatever, and so that's one thing that also happened this quarter was getting the door and the framing and all that fixed. And uh, another thing I gotta fix on here is around the windows and possibly replacing the windows for this tenant because it's it needs to get done, but also this tenant obviously already notified the city, so I gotta be on my P's and Q's right now, which is one of the things I'm talking to manager, like like why'd y'all let me get to this point? And then to top it all off, at the very last like two days of March, right? I go and look, uh, and it's all fine. I was like, okay, you know, nothing new, nothing crazy. And then when I get I looked like three days before the end of the month, so there was no new charges, no nothing. And then when I get April 1st hits, and then I get the statement, then there's a 2500 bill for the gas. It's like, why do I have a $2,500? So it seems to me that maybe they just never switched the gas uh when I turned it over to them. And now maybe the old seller had been maybe I don't know. I don't know how that's happened because you would think that they would have turned off the gas, something and maybe the seller overlooked it as well, and then finally caught it and then turned it off. And I don't even know. I don't know what's happened. That's another thing that I'm gonna talk to them about on Tuesdays. Like, what's this 2005? Because there's no there's no notes, there's no bill, there's no nothing, no explanation. And so, yeah, so this property just has been a pain, but a lot of the pain has been because of the property management. So we'll see what the ops manager tells me. Because I told him, like, look, I've been with y'all for this long and I've been trusting y'all and y'all been doing good, and then all of a sudden this property like happened, and I don't know what's going on that y'all just been dropping the ball left and right, which has pushed my timeline on what my real estate investment goals have been, because now I've had to most of the months have been paying out of pocket at this point because of all the craziness, and so now I don't trust y'all no more to give y'all another property. My goal was that I would be continuing in this market and turning them over to y'all, and we would grow. So, like, you know, what the heck? So we'll see how that goes.

SPEAKER_02 14:36

Yeah, it's it's been like Hunter gas electric bill, it's so crazy because I only have one duplex, right? And I I didn't realize how much gas actually costs over there when I have them empty, like that's 150, 160 per unit when they're empty. So, because we do have to like run the furnace, right? Because it is a furnace, not the furnace, what am I thinking? The hot water to make sure the pipes are not getting frozen. But yeah, I was like, uh, it's actually if you 150 per unit, that's like $300 a month for white blue blocks. I'm like, I'm not liking multi-family very much.

SPEAKER_01 15:15

Okay, that's where the water is. That's the other thing I want to talk to them uh about too is maybe switching the strategy of giving them a flat fee. Because now by this time, I already kind of estimate it's about every time I get the water bill, it's around $350 or whatever. So at this time I could because what's happening is that they're paying me after the fact, and most of them do, but sometimes like it messes me up if the tenant leaves and then I get the water bill, but they already left, right? So I'm thinking I'm gonna ask them, I was like, hey, maybe we do I'd rather do a flat fee, and then when they leave, then I'm just out maybe like $50. I charge each tenant like $50, whatever I end up doing, and then versus hey, this tenant moved and now I got the water bill because it's sent quarterly, not like monthly, and so I can't charge them. They're already gone, and now I'm out. You know, the other tenant only pays half of it, so now I'm lost like what $150 or something like that. So I'm gonna ask them about that as well, because I've been uh a few times during turnover or during an eviction, like lost that money because it's paid after the fact. So I don't know. I don't know what they what they'll tell me, but maybe maybe that's what it is too. Maybe through the the winter, the gas go, but yeah, I don't know. I don't know. I gotta see what they tell me. But yeah, and my other duplex that is out there. Let's see how that one went.

SPEAKER_02 16:43

Where's friends like they share his expenses too? Having to seal and install near flooring in an enclosed porch. All tenants kept their dog in there and it smells really bad. It's eight hundred dollars.

SPEAKER_01 16:56

Yeah, that's one of the reasons uh one of the tenants that I took over and has like three small dogs, and they the only damage they've done is because they scratch at the door, like probably to be like, hey, let me in or whatever. So there's like damage there. So yeah, I'm charging them from pet rent, which I had asked that in in in school, and I guess the standard is $25. Because I was trying to remember, I was like, I remember I paid pet rent back in the day, I just couldn't remember how much I paid. So I was like, what's the standard? But for my other duplex, that one was I got $54.17 in rents, and then I just with this one, they charged me $400 for placing a tenant. So then I had that one in January. But other than that, I think I had what did I have for plumbing? What was this? I have to look for it, but I think I had something. Oh, the toilet. I had to replace the toilet.

SPEAKER_00 17:53

Wow.

SPEAKER_01 17:54

So that was with that one. So other than that, that was the only thing for Q1 for that one, so it was fine. And then, but I did just notice a new fee. It says insurance services. So I'm thinking I had to go back at the emails because I think it's when they said that they were going to start doing insurance, like renter's insurance. But I thought that was going to be paid by them. So I gotta go back and look. Maybe I overlooked it. That could have been that one could have been me. Maybe I just overlooked it, and whatever. So that was that one, and then for the other one was 5,704 for rents, and that one was fully occupied, and then it looks like I had some. I think that was just like maybe locks or something, if I remember 105 for just general carpentry, which is usually like maybe they fix something on the door or something. I can't remember on this one, but yeah, see, so like I said, those two are fine, like it's just this third property. I don't know what is going on. I got a solid waste violation. So, trash at the alley, and I feel like what happened was they fixed something and then they put the trash back there to get picked up, but they didn't do it correctly. And then now the city, because this property, like the city loves this property because I remember when I first took it over and we were like fixing it up, like, damn, they kept on going. I was like, chill out, like I am fixing this thing, like calm down. The city loves that area, but I think it's because it's right by some apartments, and so maybe like I just get caught up because they're probably checking up on the apartments, and I go a good area, but I'd love it sometimes.

SPEAKER_02 19:35

Keeps checking on it, it's probably a good area.

SPEAKER_01 19:38

Yeah, so yeah, but other than that, it's the whole year, it's it's just been as soon as I took this over, it was just kind of like headache after a headache. Well, the first few months was just like turnover, but then after that, it was just like they just kept dropping the ball. I don't know, I don't know what's going on. Yeah, and then this property that I just took over now, I closed on it on the 25th of March, and then oh, and then we shared about it uh I think last time of the closing, how crazy the closing was on that. So I was like, no, not another property that's gonna give me headaches. But the tenants leaving, I couldn't I couldn't get him to stay because uh for two reasons. One, he was kind of over the slum lord, like he was over it, like the floor was like so trash because they used like sticking peel. Well, I thought it was sticking peel, but it it turns out it's like that very cheap, like very yeah, like the cheap. Well, it's it's yeah, it's the little planks, but they're so thin. And then my my husband thinks that what happened also was they I guess they're yours when you put LVP down, you're supposed to buy the LVP, put it in the house, and leave it there for maybe like three days for it to get accustomed to like the moisture and everything from the house because it expands or whatever, whatever. I don't know. So he's thinking that happened as well, and or they installed it poorly or whatever because it started coming and breaking off and everything. So and then the the tenant was telling me that like he couldn't even reach the landlord several times and like to get him to fix these things, the railings that he even fixed them because I was like, like this looks janky, like something, and it was him, it was him just trying to do little small fixes here and there, but he doesn't have the resource or whatever. But so he he put the rails on because the landlord wasn't responding or like fixed anything, and then once he put it on the market, he could just kept saying, like, oh, the new owner will take care of it, the new owner would take care of it, and then it was on the market for like 200 plus days. It did go under contract one time, so I'm I'm sure that was one of the he kept pushing it on trying that one, and so he's just burnt out, but also he's just gonna move out of state too because he has some job opportunities, so but yeah, kind of you know, you know, one side, yeah. So that one he's gonna move, probably he's gonna go. I think out of town and then come back and finish moving out. So he's already started clearing out and he's been like, you know, uh talking at us and whatever. And he's just like, he's like, dang, he's like, well, he's like, I'm just burnt out, hate coming and back. And then my house looks like shit and everything. It's like, but had you like, you know, taken it over earlier, maybe I could have like thought about something else. Like, but also I have this opportunity over there too. So I was like, yeah, no, I'm not trying to have you trying to do two houses. But it's just kind of sad to see whenever like there's a slum lord just like not doing anything. Like my husband, like did the front porch, the front stairs, and now he's done the back deck. So now those are safe, and now we just gotta focus on we're doing all the safety stuff first, and then the cosmetic stuff. But we are gonna now focus our attention on the new unit, so yeah. Yeah, it's gonna be empty, so it's gonna be easier for you to fix the flooring, fix everything that you have to access to. Yeah, because um, yeah, I just that that landlord would just have these people, whatever. And I was like, 'cause if he would have done, I'm thinking what happened is that this investor bought the property, wanted to do a rehab on it, but just went the cheap route because he bought that cheap flooring that didn't do well, or especially when you're like going to do a rental, like it's just a lot of traffic and stuff or turnover, but it didn't even last a year, he said. He's like, I moved in, it was brand new floor, right? He was after the new owner, and then he's like, When within six months, it was already like starting to come out, and then it just got worse over time and stuff.

SPEAKER_02 23:37

So yeah, oh my god, so what did you learn from Q1?

SPEAKER_01 23:42

Well, Q1, I learned to be more on them because I was uh on the property manager and be more like firm with them and stuff because I was messaging the maintenance person, but of course they don't they just do this stuff, and so talk to them, and then it was interesting to have some uh interactions with the tenants now and being part of that of like trying to talk to them and doing all the logistics. So again, I'm using rent ready and so been learning all of that and talking to the tenants and figuring out how to onboard them and what to expect and all that stuff. So that was uh uh you know, now because the property manager would do all that for me and I would have to talk to people, and so now I did, and so I'm learning how to do that and navigate that, but with that, you feel more bad because you you, you know, now your feelings are in there too. So with the dogs and stuff, I had to be like, well, you know, because I know these people live paycheck to paycheck, right? Because they're class C uh neighborhoods or whatever, working neighborhoods, but also you also meet people through them because I already through them have a network to get junk removal. So they gave me a card for somebody that they knew, and so now I uh I have a contact there in that area because I'm building all my contacts here. So through that, and then the electrician as well, which happened to have been the one, and so then I got the cheese made from there is the that uh what was happening is that he would go get these contractors and then the landlord would take forever to pay, and like so then they were hesitant to come finish the job because the landlord was like, Oh, so now that makes sense why lots of stuff is kind of like not finished all the way, is because contractors got tired of the landlord not paying them on time, or you know, it's like uh yeah. So I got a lot of I got a lot of cheese me out of the tenants, so that's one of the good things too is you get the cheese from from from them, so it's cool.

SPEAKER_02 25:49

Rector Mansus, your bamboo looks like my Lynn C. I had a big plumbing repair bill, but seems to be running really well now. I'm watching from the beginning, yes, so yeah, and it's been a it's been a headache for me. The only multi family that I have it's been a headache, but we'll see what it looks like now. And oh, I just got this. This is not Q1, this is yesterday. We got the reassessment of taxes for all the properties. Um, so the tax the current tax bill has increased in all of the markets right now. I think the lowest one that I had an increase $16 per month to all the way to $250 per month. That was a huge increase. So you are in the because May is coming up, right? So I know the next tax bill, and I do have a lot of uh seller finance, so I do have to take charge of paying the taxes. They're not escrum, so I have to pay them like May and November, May and November, I think. So I'm always watching out for that. So that's something that's coming up for me next month.

SPEAKER_01 26:58

Yeah, one thing that I was kind of like, well, sidebar kind of like I am wondering if I reach out to the city and just kind of like talk to them and be like, hey, you know, I'm a new investor, and I'm my goal is to come in and fix up these old properties. And some of them have like asbestos and had some of this. I was like, is there any program? Would you be open to something? Because I remember I had a guest and they did that. Now I don't know if it'll work in a big city, maybe it'll work here in my rural area. So I'm gonna try that as well. But you also have kind of like a rural area, so maybe you could try that too and be like, hey, you know, maybe give me two to three years, maybe five years max of where I have kind of like a discount on the taxes to give me time, so also keep it affordable. So I don't know, yeah. I don't know. I've had some like I had one guest that you know she did that and she was able to like defer taxes or something like that. I gotta go back and see what the deal was. But hers was because she had some vacant lots that the city was like, somebody please come do something with this and so maybe it might work for you. I don't think it will work for the big city, but I'm going to try because I know that's one of their goals is to keep affordability and they're kind of being proactive with it. So I'm gonna see, or maybe they have some grants now that I have the LLC here. Maybe I could do some grants. Grants for investors, yeah. So they have a program to where they provide grant, I think it's grants or something like that, I don't know how, but for companies that provide affordable housing, and so on their website, they have like a list of like the companies that are with the program, and most of them are like big apartments where they have a certain percentage of their apartments that are below market rate. They have them for like what are they called? Efficiency units, they have them like price low. Um and so they get I think it's a grant, or maybe the I I'm thinking the city kind of like offsets, gives them money to offset the thing. I have to do more research on like what is it exactly? I'm thinking it's like a grant or something, but they give them an incentive to have some of their units priced low. Okay, so that's where I'm thinking that I'm going to email and ask, like, hey, you know, I'm not a big company, you know, but I'm hoping to grow and expand, but I want to make an impact as well, but and keep affordable housing. But also, my constraint is this I'm taking over these older properties that take a little bit more work, and then plus the high property taxes and all that stuff. And we'll see where it goes.

SPEAKER_02 29:39

I mean, give her an idea. That's I'm gonna put it on my to-do list to contact the city to see what's going on because all of my properties technically are low income, and my I think four of them or five of them are Section 8.

SPEAKER_01 29:53

So yeah, definitely check because some of them I think it's starting to become more popular now because of like all the high costs that you know, everything's going up or whatever. So I think cities are starting to, or some counties are starting to try to like help in some way, or they probably already had those programs. I I need to check in Milwaukee to to see if they have something similar like that. Well I doubt it, but it doesn't hurt to try and see. It might like bring up a something that they didn't think about because they just focus on these big companies that come in. I was like, but what about the small-time investors? They're trying to get their foot in their door, but this, you know.

SPEAKER_02 30:31

So I am surprised too because some of the jumps are quite big, and I'm thinking, like, oh, the people that do own, like, which is when my market's like 40%, but that do own are experiencing these jumps too. The majority are on fixed income. So I'm like, oh, how is this gonna impact the whole city? And I know, for example, Gary is trying to come back from being a Bel Rush city, right? That's abandoned. And affordability is already a problem. So if you're increasing that property taxes to bring the city up, I understand, but also like how is it going to affect negatively people that are already owning and own in May? This not this May, but next May, they're gonna have the tax sell uh again, and uh you already can see you know 5,000 properties on the tax sale. So I wonder how how many more properties will you be able to see these people are not gonna be able to afford to pay taxes for this year.

SPEAKER_01 31:28

Yeah, we'll see how that goes. But yeah, that's my uh my Q1. Started fun times. Hopefully Q2. Q2 has started better so far without jinxing it. That means I got a tenant in there, this new property. I'm gonna have a turnover, but the other tenant seems they want to stay, so I just gotta get them to sign the lease for May and then do the turnover for the other unit. And yeah, we'll see how it goes.

SPEAKER_02 31:57

Okay. Well, this was short than seed, but if you haven't checked us out on our podcast, yes, real state cheese may we come out every Wednesday. We're on YouTube, Spotify, Apple Podcasts, whatever you can hear us. Please like or listen, recommend it to somebody that may benefit from it. And we'll see each other next week.