I am getting precariously close to the "broke" stage. Send out mortgage, car insurance payment and keep electricity running? Fortunately, Friday is payday and tenant money will be coming in soon enough.
I will be considering upping the rent for Mark and Lynnette as well. She is making money at this point and I gave them a reduced rate because of their situation. But, if their situation is improving, I need more money out of that room. 2 people with all that entails living in that room would normally get me $150 more per month than what I am charging them.
Electricity, folks, it's all about the electric bills. And water, for that matter. The heat forces me to have to water much more frequently or I can kiss many of my plants goodbye.
I am also awaiting the lien release for that trailer. As soon as I get it, I'm putting it up for sale. Selling it would give me a cushion to bounce off of and not have to worry about any potential "disasters" that might arise. It's that or another 401k loan, which I REALLY do not want to do.
Oops, it's time for work : )
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