February Income
$2,381 Mystery Shopping
$7,071 Rental Income
$7,071 Rental Income
$215 Other Sources
$9,667 Total Income for February
Notes:
Notes:
- I am quite satisfied with my mystery shopping income, but most of the income was earned in January. February was a slower month and the income I report next month will reflect that.
- Late fees are my friend! Normally I expect Rental Income to be around $6,000 when everything is rented. I had one tenant pay a $155 late fee (last month another tenant paid $257!). I also took in $180 from our temporary boarder and a tenant who was $200 behind got caught up. Finally, one tenant prepaid part of his March rent.
Taking in a temporary roommate is making a difference. $180 isn't a lot of money but it covers the major utilities at my house, freeing up cash for debt reduction.
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