August 2015 Net Worth Update(-$44,297)




Highlights for August

  • We have earned approx $3,400 (in gift cards, points, and miles) through credit card signup bonuses in the past year.
  • Our properties are listed on our balance sheet based on their cost basis, not current market value. We have done this during the the real estate market highs and lows. I believe real estate is too illiquid to list based on recent sale transactions.
  • I had a number of rental repairs completed in August including a new roof and some other repairs that added up to $4,300.
  • Our Rental security deposits balance went down as I paid out 2 security deposits from rental turnovers in July.
  • Our investment portfolio declined ~6.5% in August, inline with our benchmark. I also started putting some cash to work, adding to some of our investments with the recent declines in Fairfax Financial, Genworth, and Union Pacific.
  • Otherwise a pretty quiet month for us.

Related in Net Worth:

July 2018 Net Worth Update (+$52,101) (Aug 03, 2018) Highlights for JulyI come out of July feeling optimistic all the way around. We had positive developments on numerous fronts including the bottom line.In July we purchased our 5th rental property! The property market is very hot around our...

June 2018 Net Worth Update (+$22,779) (Jul 08, 2018) Highlights for JuneIn June our activity picked up a bit and we closed with another solid month in the books.Our largest individual stock holding (Genworth) had a breakout month as the US govt (CFUIS) approved the deal for it...

May 2018 Net Worth Update ($20,481) (Jul 04, 2018) Highlights for MayIn May we closed on some long term financing (5.375% 30 yr fixed) for our rentals that we used to pay off our equity line and reloaded our cash for the next acquisition. Ive started looking for...

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A personal finance weblog of my journey to reach my goal of $2 million + the value of my primary residence.
Current Net Worth: $1,938,393

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