December numbers: Personal: Gross monthly W2 pay: $5,375 (no change) Net monthly W2 pay: $3,470 (no change) Total credit card debt: $34,896 (+$1,184) Total other non-mortgage debt: $1,356 (-$104) Total mortgage debt: $147,586 (-$853) Cash/cash equivalents: $10,693 (+$781) Total retirement… Continue Reading
June numbers: Personal: Gross monthly W2 pay: $5,375 Net monthly W2 pay: $3,275 (-$341) Total credit card debt: $23,836 (+$99) Total other non-mortgage debt: $7,946 (-$1,412) Total mortgage debt: $152,677 (-$830) Cash/cash equivalents: $7,022 (+$1,099) Total retirement savings: $139,560 (+$10,391)… Continue Reading
Just a quick tip – always confirm with a prospective tenant about an hour before the tour time. My cancellation rate is about 50%. This will minimize no-shows (which will still happen). Some sites (like biggerpockets.com) will suggest setting an… Continue Reading