This photo was taken when we were out on a walk.
Update on rental investment prospect from this week post, the option 1 is no longer available, as the bank is already in contract with a buyer. InvestmentHunting is super sharp, I guess, many other investors would make the same decision. :P. I was so tired from wedding, and working nonstop, plus many landlording problems that needed my attention, so that was why I was a little hesitant and waging my options.
Last month marked the first time I reported the income from my investment property from out of State. Which boosted my monthly passive income by a huge number. The reason this is sweet because I’m completely removed from all the decision making, as I paid somebody to fix the property and manage the property. So here goes the numbers:
| 11/30/2016 | BANK DEPOSIT SWEEP 113016 208,622 | $0.98 |
| 11/25/2016 |
COF
Popup CAPITAL ONE FINANCIAL CORP 112516 40 |
$16.00 |
| 11/25/2016 |
HCP
Popup HCP INC 112516 10 |
$3.70 |
| 11/23/2016 |
C
Popup CITIGROUP INC NEW 112316 100 |
$16.00 |
| 11/15/2016 |
KMI
Popup KINDER MORGAN INC DEL 111516 80 |
$10.00 |
| 11/02/2016 |
POT
Popup POTASH CORP OF SASKATCHEWAN INC 110216 20 |
$2.00 |
| 11/01/2016 |
DE
Popup DEERE & CO 110116 10 |
$6.00 |
|
$54.68 |
dividend income: 54.68$
rental income after expense: $700700
Total for October: $754.68
2016 Dividend:
- January: $134.54
February: $241.38
March: $878.07
April: $141.29
May: $47.75
June: $744.26
July: $32.57
August: 60.95
September: 877.97 - October:765.66
- November: 754.68
Total: $5279.12
If some of you found the discrepancy between last month, and this month posting, you’re right. As last month, I reported the income before expenses. So this time, I made the adjustment, hence the decrease. Nonetheless, it is still total passive income.
As for what next, I’m still deciding on which property I’m going to move forward. I don’t want to be totally depleted of cash, at the same time, I don’t want to take on too much loan, and have the pressure to stay working to earn back the emergency fund. Mr.W and I have different approach, as of now, we’re still keeping our finance apart. We got married late, so we’re pretty much set in our own ways, I still function as if I don’t have any back ups, so my mind set might be more conservative than couples who merge their income.
In the meanwhile, I’m a little tired from all the stuff happening, and the sluggish winter. So, I’m planning a trip to St. Thomas/St. John. More on the planning process in a later post. Any tips are welcome.
Enjoy your time off relaxing on the beach. Looks like you have been very, very busy the last few months with all that has been going on in your life. Great update for November. Between dividends and rent you are building up a solid future financial picture and now know first hand what it’s like to be a landlord with all those headaches and rewards. Thanks for sharing.
Congrats on your bountiful month and please do not get stress over more accumulation of wealth. Post wedding honeymoon lasts over a year, make it lasts a unforgettable memory 🙂
Congratulations! Every month is a step in the right direction. Keep rocking!
Thanks for the mention. It’s great to see your rental passive income. I know you put a lot of elbow grease into the house before it could be rented.
Congrats on a great month of passive income. I like the approach of dividend stocks and rental income. Same approach i utilize myself. I will be including your monthly income reports in my monthly round up.
https://www.predictablesnowball.com/2016/12/11/dividend-income-around-world-november-16/
-Snowball