sertra2002's Net Worth for January 2021


Assets Value Change ($) Change (%)
Cash $139,181 ($42,107) (23.23%)
Stocks $231,896 $6,679 2.97%
Bonds $0 - -
Annuities $0 - -
Retirement $1,434,028 $42,110 3.03%
Home $630,000 - -
Other Real Estate $461,000 $171,000 58.97%
Cars $16,000 - -
Personal Property $38,000 - -
Other Assets $377,092 ($17,436) (4.42%)
$3,327,197 $160,246 5.06%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $345,371 ($1,614) (0.47%)
Other Mortgage(s) $237,644 $126,269 113.37%
Student Loans $0 - -
Credit Cards $17,776 $3,756 26.79%
Car Loans $0 - -
Other Debts $0 - -
Total Debts $600,791 $128,411 27.18%
Net Worth $2,726,406 $31,835 1.18%
*All values shown in USD ($)
Notes:

Comments

1/5/2021 11:06:22 AM sertra2002
bought an investment property last month.
1/8/2021 5:49:45 AM Baller1967
Congrats. Interested in hearing your experience/thoughts on this as I'm thinking of as well but can't pull trigger but feel like it an be key part of building wealth.
1/25/2021 9:55:30 AM sertra2002
This is my second investment property, so it goes to show that I do think its a good diversification option. You have to be diligent in first choosing the location/property and then in choosing the tenant. I would rather have the property sit empty for a month than rent it to someone who does not have the required income/credit score I am looking for. As long as you do that you should be fine.