investorman's Net Worth for January 2023


Assets Value Change ($) Change (%)
Cash $100,000 - -
Stocks $0 - -
Bonds $0 - -
Annuities $0 - -
Retirement $395,046 - -
Home $550,000 - -
Other Real Estate $3,700,500 - -
Cars $79,000 ($1,000) (1.25%)
Personal Property $20,000 - -
Other Assets $0 - -
$4,844,546 ($1,000) (0.02%)
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $225,812 ($1,188) (0.52%)
Other Mortgage(s) $2,505,566 ($30,645) (1.21%)
Student Loans $0 - -
Credit Cards $0 - -
Car Loans $0 - -
Other Debts $0 - -
Total Debts $2,731,378 ($31,833) (1.15%)
Net Worth $2,113,168 $30,833 1.48%
*All values shown in USD ($)
Notes:
Projecting for January…debt to assets = 56.38%

Couple of reminders/clarification points:
-Off-balance sheet items (529 account, custodial trust account)
-Including LOC balance for the past year or so, but going to subtract the amount that my other businesses owe.
-I use lines of credit for short/mid term financing but sometimes I have to float expenses for a year or so until they can be paid back out of cash flow or new loan proceeds, etc.

2023 goals:

Near Term Goals (by 1/1/2024):
1 - Collect $35,000 per month in rents
2 - Close $700,000 per month in sales
3 - $2.75M net worth

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

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