| Purchased 2 new rental houses last month. One with almost zero down and the other is a BRRR (Buy, rehab, rent, refinance) which should work out to zero down also. Also sat down and projected my 2019 tax burden based on Q1 & Q2 performance. I have been saving 50% of our commission income into an account but know that we really don't need that much. I was hesitant to officially put the remaining money into a retirement/savings vehicle but now that we paid our 2018 taxes I feel more confident of what our 2019 tax burden will be. Trump's plan (like him or not) is really good for our household tax burden. So earmarking more "cash" than last month. Plan to use it as the down payment for a new investment property in June. Don't want to jinx it but it looks like I may actually stand a chance of reaching the $1M goal by my 40th birthday. Hard to believe that an aggressive goal I set for myself in college is actually be in the cards. At that time I thought if I could make a $1M by age 40 I would have a shot of retiring early...not sure if that will ever happen but still awesome that I may achieve it. Starting to wonder if my Debt-to-assets number us getting too low (weird I know). It was around 78% when I got married which seemed too high. Maybe something in the middle? Sign of overconfidence in a too strong economy? True realization of the power of leverage? As Jimmy Buffett says...only time will tell. Debt-to-assets = 48.02% Legend:"Cash" = all cash less tax reserves "Bonds" = Personal Emergency Fund"Annuities" = Investment Property Savings (minus security deposits)"Other Assets" = Business IOU"Other Real Estate" = Investment Properties (current market values)"Other Mortgage" = Investment Property Mortgages |