investorman's Net Worth for December 2022


Assets Value Change ($) Change (%)
Cash $100,000 - -
Stocks $0 - -
Bonds $0 - -
Annuities $0 - -
Retirement $395,046 $26,146 7.09%
Home $550,000 - -
Other Real Estate $3,700,500 $528,500 16.66%
Cars $80,000 ($2,000) (2.44%)
Personal Property $20,000 - -
Other Assets $0 - -
$4,845,546 $552,646 12.87%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $227,000 ($1,291) (0.57%)
Other Mortgage(s) $2,536,211 $516,211 25.56%
Student Loans $0 - -
Credit Cards $0 - -
Car Loans $0 - -
Other Debts $0 - -
Total Debts $2,763,211 $514,920 22.90%
Net Worth $2,082,335 $37,726 1.85%
*All values shown in USD ($)
Notes:
Purchased 2 duplexes this month (sales price = $500,000) Cash required = $423.

Interest rates are up. Home loans at probably 7% or so. Still no deals, demand down from earlier in the year, sales prices still high.

Debt to assets = 57.03%

Reporting on 2022 goals:

Short-Term Goals (by 1/1/2022):
1 - Two rentals paid off (UNSUCCESSFUL, no paid off but more purchases completed in 2022 than planned)
2 - $12M total real estate sales (UNSUCCESSFUL, $10M sales which is 2% short of new personal record)
3 - $1.75M NW (SUCCESSFUL, $2M achieved)

Mid Term Goal (by 45 aka: 1/1/2025):
1. 10 investment properties paid off.
2. NW = $3M

Comments