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Current Goals:

1) $1,000/mo. to short-term savings and $400/mo to investments.
2) Weigh less than 180 pounds by 12/31/21.
3) Read more books.

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

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


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Thursday, June 3

My Frugal Miser - May 2021 Income

 2021 has been great thus far with strong income every month.  May was no different.

The Airbnb was booked most of the time.  I blocked a few days off early in the month to deal with some maintenance issues.  There was just one available day that went unbooked.  Rates remain high.

I received two rent payments for one of the Birmingham rental properties.  Rent was paid on all three of my Birmingham rentals.  I also received a couple of distributions from Realty Mogul.  I am mildly disappointed thus far with the performance of my Realty Mogul investments.

I did a small amount of rideshare, worked a one day event in Vero Beach, and did some Amazon deliveries.  The meeting industry is finally returning (slowly), and I already have work booked in June and July.

I thought it was April that brought showers, but May was raining cash.  I finally received the third, $1,400 stimulus payment.  I also received an escrow refund from selling my house (not income since it offsets housing, but a hefty refund nonetheless) and my 2020 tax refund (again, it offsets the tax expense and doesn't show up as income).  Thanks to cash flow continuing to exceed expenses, I transferred an extra $3,000 to savings last month.  

May Income: $13,677

$0 Mystery Shopping/ Merchandising
$190 Meeting Jobs
$830 Gig Apps (Rideshare, Food Deliveries, etc.)
$1,053 Amazon Deliveries
$4,577 Rental Income (Rental Expenses:  $525)
$3,453 Airbnb Income (Airbnb Expenses:  $762)
$19 Interest Income
$3,555 Other Sources

Investment Accounts Change in Value:  $3,203

My investment accounts were up slightly.  I sold a portion of my Vereit stock.  Also for the first time I sold a couple of put options on AMC.  These were small transactions mostly done to gain experience with selling puts, but this accounted for almost $2,000 of the balance increase.  Time will tell if the transactions end profitably.

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