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Home > $20K Update - Possible Renters for Rental #2!!

$20K Update - Possible Renters for Rental #2!!

May 1st, 2017 at 10:59 am

Just a small update to savings. I took the leap and posted my old house for rent onto public FB sites this last weekend. I was hoping to rent to a friend or family member, but we didn't find anyone, so had to open it up to the public. This was my personal house that I lived in for 8 years, and then now rented to a family friend and my BIL for the last 2 years....so I am very nervous to have a stranger in there!

I posted it on Thursday night and had tons of responses, MO showed it all weekend and we already have 3 separate applicants who want it. We have decided on one and MO has set up a meeting with them for this evening to sign a lease and move in starting June 1. That will give us 30 days to get some minor repairs done, and also have some major cleaning done as I had no lease with friend/BIL and the cleaning that was done is not good enough to have someone move in.

So far things are going very smoothly so hopefully that continues! Also with our Property Management that we do for my parents 4 unit, we had a tenant moving out and had to find a new one for that. We did find a new renter and got them in and settled for May 1, feels good to be getting all these vacancies filled!

Current Balance $18,010.00
+$50.00 MO Payday to Our Savings (4/28)
+$30.00 FB Sales
Balance $18,090.00

Local Savings $9295.00
GC Savings $3425.00
Capital 360 Savings (US) $2540.00
Capital 360 Savings (Mom Loan Payback Account)$1570.00
Capital 360 Savings (Rental Deposit Account) $1260.00
Total Savings = $18,090.00

52 Week Challenge
2017 Total = $508.00(We have paid weeks 1-20 and 46-52)

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