September numbers: Personal: Gross monthly W2 pay: $5,375 (no change) Net monthly W2 pay: $3,373 (no change) Total credit card debt: $44,080 (+$5,121) Total other non-mortgage debt: $3,619 (-$11,211) Total mortgage debt: $218,876 (-$1,006) Cash/cash equivalents: $8,582 (-$867) Total retirement… Continue Reading
July numbers: Personal: Gross monthly W2 pay: $5,375 (no change) Net monthly W2 pay: $3,373 (no change) Total credit card debt: $38,293 (+$2,638) Total other non-mortgage debt: $17,406 (+$1,248) Total mortgage debt: $220,886 (-$1,000) Cash/cash equivalents: $8,962 (-$1,033) Total retirement… Continue Reading
June numbers: Personal: Gross monthly W2 pay: $5,375 (no change) Net monthly W2 pay: $3,373 (no change) Total credit card debt: $35,655 (+$1,050) Total other non-mortgage debt: $16,158 (+$1,512) Total mortgage debt: $221,886 (-$997) Cash/cash equivalents: $9,995 (+$4,435) Total retirement… Continue Reading
April numbers: Personal: Gross monthly W2 pay: $5,375 (no change) Net monthly W2 pay: $3,373 (no change) Total credit card debt: $32,741 (+$2,938) Total other non-mortgage debt: $12,145 (-$937) Total other non-mortgage debt: $10,954 (+$1,191) Total mortgage debt: $144,149 (-$862)… Continue Reading
January numbers: Personal: Gross monthly W2 pay: $5,375 (no change) Net monthly W2 pay: $3,470 (no change) Total credit card debt: $33,645 (-$1,251) Total other non-mortgage debt: $7,816 (+$6,460) Total mortgage debt: $146,729 (-$857) Cash/cash equivalents: $11,020 (+$327) Total retirement… Continue Reading
April numbers: Personal: Gross monthly W2 pay: $5,375 Net monthly W2 pay: $3,616 Total credit card debt: $22,612 (-3,260) Total other non-mortgage debt: $11,420 (+1,384) Total mortgage debt: $154,353 (-$835) Cash/cash equivalents: $5,564 (+837) Total retirement savings: $128,401 (+$10,010) Non-Equity… Continue Reading
Long before I discovered FI I did a calculation of when I could retire. Given my income and savings rate at that time, my retirement date was somewhere in my early 120’s. Clearly that was unacceptable, so I endeavored to… 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
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
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