Why I Do This

Okay, there are a lot of reasons why I got into real estate investing, but once a month I am joyfully reminded of the bigger picture. Yesterday, I received my rent check for June on House #1 for $1,100, which I'll deposit as soon as I write this. My taxes and insurance are NOT escrowed, so that means I'll pocket roughly $400 of positive cashflow this month. Calculating in taxes and insurance, I'll still have positive cashflow (barely), but the good things are (1) the mortgage is getting paid down by my tenants and (2) House #1 is slowly appreciating (about 1.4% since last year, adding another $2k in equity).