Landlording for maximum profitability and Financial Independence
The month of July was great, all rents were received and the rental cash flow was 100%. 25 for 25, and no vacancies. Only one was late, and that one was expected. No late fee was charged to this one tenant, but all other tenants get hit with it even if they are one day late. No major expenses were found. I did have a bit of excitement with a murder near one of my rentals…
Continue reading “July – August 2014 Rental Cash Flow”
Once again it is time to report on the rental income, rental cash flow, and other financial aspects of the rental property. June was a great month again. Maintenance expenses were light, and July is set up for a good month too.
Continue reading “June – July 2014 Rental Cash Flow”
The rental cash flow for the month was almost perfect. The June rents came in like clockwork. 23 for 25 by the second of the month, one collected on the third, and 25 for 25 in the bank by the 6th of the month. Similar to all of my other recent months. I did generate an extra $75 for a late fee. I challenge most any other landlord to beat that record. More details on how to do that is in the rest of this post.
I had to do some advertising to get two new tenants for July 1, and I initiated a larger capital project. The retirement countdown has been adjusted for the new data.
Continue reading “May – June 2014 Rental Cash Flow”
