So Far, So Good

Unless you've been lost on a desert island, you know that our country is in the early stages of an economic crisis which could easily become a depression. Approximately a trillion dollars have been spent on bailouts to date and the economy is still deteriorating. Big Wall Street firms are bankrupt and the state of California has just announced that it can not make its payroll! Things do not look good.

Fortunately, the rental property business is still doing quite well. In fact, we are at record occupancy and are renting things just about as fast as they become available. My biggest concern is that job losses and high heating costs will result in a rash of evictions in the near future. To my relief, I only have one late rent this month, so this month won't be the start of a rash of evictions. In fact, I'll post the 3-day eviction notice tomorrow for the tenant that hasn't paid and I'm still hopeful that they will pay during the 3 day period with the $50 late fee!

Tomorrow, I have to run projection at church, so that will keep me busy until early afternoon. Then, I will spend a couple of minutes posting that 3-day notice and I may show my 6 bedroom house to a prospective tenant.