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 |