General real estate information – not rental specific
January numbers: Personal: Gross monthly W2 pay: $5,375 Net monthly W2 pay: $3,387 Total credit card debt: $28,776 (+$3,994) Total other non-mortgage debt: $6,711 +$1,846) Total mortgage debt: $156,773 (+$2,165) Cash/cash equivalents: $14,696 (+$364) Total retirement savings: $171,127 (+$6,110) Non-Equity… Continue Reading
December numbers: Personal: Gross monthly W2 pay: $5,375 Net monthly W2 pay: $3,387 Total credit card debt: $24,782 (+$4,484) Total other non-mortgage debt: $4,865 (-$3,937) Total mortgage debt: $154,608 (-$501) Cash/cash equivalents: $14,332 (+$586) Total retirement savings: $165,017 (+$3,763) Non-Equity… Continue Reading
I shared it already, but I have a new house! You also will have seen it amply reflected in the precipitous increase in my debt load. This is my fifth property in my attempt to use Real Estate to FIRE… Continue Reading
October numbers: Personal: Gross monthly W2 pay: $5,375 (see below) Net monthly W2 pay: $3,387 (see below) Total credit card debt: $22,647 (-$1,143) Total other non-mortgage debt: $16,071 (+$6,165) Total mortgage debt: $149,104 (+$6,750) Cash/cash equivalents: $12,785 (-$97) Total retirement… Continue Reading
September numbers: Personal: Gross monthly W2 pay: $5,375 (+$542) Net monthly W2 pay: $3,387 (+$59) Total credit card debt: $23,790 (-$1,613) Total other non-mortgage debt: $9,906 (+3,624) Total mortgage debt: $142,354 (-$741) Cash/cash equivalents: $12,882 (-$768) Total retirement savings: $153,148… Continue Reading
In working on a possible next real estate deal my realtor urged me to begin incorporating my property equity into my net worth. I had resisted doing that, but I was able to talk myself into it by including the… Continue Reading
February numbers: Personal: Gross monthly W2 pay: $4,833 (no change from prior month) Net monthly W2 pay: $2,834 (no change) Total credit card debt: $21,391 (-$749) Total other non-mortgage debt: $2,096 (-$4,137) Total mortgage debt: $113,988 (-$726) Cash/cash equivalents: $14,880… Continue Reading
See last post for the first half of my momentous wall of text. To continue… Real estate is my other slightly more passive (theoretically) income stream. I say theoretically because the way I’ve set up this business is more labor-intensive… Continue Reading