Received a large partnership disbursement, paid anticipated federal and state taxes.
Also, I am in the midst of buying a triplex by the beach. Yes, more real estate.
It's a good deal and will produce some decent income. Should close next month.
Regarding the first beach property, the remodel of Unit A is still underway. I've adjusted (prematurely) the value, post-remodel. I suppose you should subtract about $50K to see a pre-remodel value, but I'll forget to do this later so I might as well do it now.
Also, my goal for this year is a $5MM net worth by the end of the year. With some luck, I should make it or it'll be in 1Q 2013. |