Short post here. But I finally got the rental emergency fund back up to $18k. Everything from now on goes towards: 2 flat payoff (fix up and payoff) and 3 unit mortgage which is paid off in March 2018
Work has capped my hours firmly now at 40 hours a week.. I will ask for renewal the week after Thanksgiving.
Lots of drama on the 2 flat (still not done) had to switch contractors again mid way through
Learning lots but definately ready to move on from it or get it rented
Working on tightening up the rentals even further
and finishing up week 5 of school and about to enter week 6
I am taking core courses in 8 weeks 'sprints' vs full semesters. VERY challenging.. but learning which is fun.. My next two are Old Testament and Spiritual Formation and Discipleship. They start in January
Onward.
I want to put more $ towards investments and do better with investments. All these people are making a killing off of bitcoin. I want to learn more about that and put my $ in the 3 fund vanguard model but then reserve some $ for higher risk investments as I go along.
Currently all focus is getting out of debt
I will put my 2 flat fix up debt on the left once it is totally fixed up and I have all #s. Currently forecasting approx $35k left to pay off (of incurred and not yet incurred costs. I am utilizing a 0% card for $6k and the rest is on the equity line of credit)
It bothers me I am not saving and putting more towards that..
and I will have to figure how I can fund the 401k next year. I was doing 40% last year to knock it off in 6 months but this year being capped at 40 hours and having all this debt it will have to be slower
I am thinking of worknig through the end of next year before considering any changes though.. not sure..
Reimbursed emergency fund, getting back on track
November 19th, 2017 at 04:04 pm
November 19th, 2017 at 04:40 pm 1511109616
If you keep and pay off the two unit, what will your net real estate income be? Would you have enough income to divert some to taxable investments?
November 19th, 2017 at 06:12 pm 1511115157
November 19th, 2017 at 09:58 pm 1511128717
December 1st, 2017 at 05:14 pm 1512148475