Today's Focus

Current Goal: Automate Savings and Mortgage Paydown

1) Extra $1,100/mo. to mortgage
2) $1,000/mo. to short-term savings
3) $400/mo. to investing

Previous Goal: Eliminate Mortgage on Rental Property
Interest Rate is 5.125%!

January 1, 2019: $59,592
August 11, 2020: PAID!


Search My Frugal Miser

Tuesday, October 18

Rented?

I made a mistake with the first tenants I selected for the new rental house.  The mistake I made was not asking for a deposit to hold the house until they signed a lease.  I should have known better because they seemingly dropped off the face of the earth.

Fortunately it looks like I did find a tenant.  He paid me a nonrefundable deposit and is supposed to sign a lease and pay for the first month today.  He even paid $50 toward the first month's rent when I was unable to make change for him, so I feel good about this one becoming the next tenant.

I don't know why I dislike the tenant search process so much.  Maybe it's the anxiety of having an empty home and the desire to get it rented as fast as possible. 

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