Monthly Dividend and Real Estate Update – December 2017

aaron-burden-191067

The motivation that drives us to financial independence is the will to create a different life for ourselves. Different from the status quo, and one where we are in better control of how and on what we spend our time. To pursue total freedom and independence of somebody you have to work for in order to get money. And one of the most important question for many FIRE seekers is: what are you going to do post-FIRE? Since that is where you’ll path will lead you. 

This question has kept me busy for a while, and so far the best answer I got is: doing more of whatever we want to. It could literally be anything, as long as it is of value to us. Not very concrete, but then again we would just do more of the things we love and less of the things we don’t.


“The secret of change is to focus all of your energy, not on fighting the old,
but on building the new”

– Socrates 


Continue reading

Advertisements

From Dividend Investor to Real Estate Mogul

tree.jpg

We’ve been growing, nurturing and analyzing our dividend stock portfolio since 2014. And the results have far than exceeded the expectations we had at the start of this journey a little over 3 years ago. But to all good things has to come to an end sooner or later. And in this case, it’s definitely sooner. Our dividend stocks are no more. We’ve sold the whole bunch 3 days ago. I want to give all of you an update on what exactly happened, but even more than that. Our whole vision and strategy of investing, FIRE and life have been transformed at such a fast pace, now would be the best time to present our new plans.

Continue reading

Becoming a Landlord – Rental Property #1

strucutre

Seasoned real estate investors always say that you never forget your first deal. I hope this will be no different for us.

You’ll hope you have done everything right, didn’t overlook a small yet critical flaw or if you have used the right calculations. The practical side of things in real estate is not a mere waiting game. Getting in touch with a party to finalize a mortgage or another type of loan to fund the property. Finding a tenant that will move in as quick as possible and in doing so, reduce the time of vacancy. Make all the contracts in order. And if you want to, finding a trusting partner that manages everything for you. It’s this, and much more than you’ll face within real estate investing. Which is all part of the fun of course. 

In the past few weeks, months even, you have all been reading along on the journey we took buying our very first rental property, also known as unit #1. 

We’ve dropping some progress here and there in our monthly reports, and promising a full detailed report later on. Well, here it is. Today is the day I’m letting you in on how this deal has taken form. With all facts and figures, going the full monty.

Continue reading

Monthly Portfolio Update – September 2017

monthly-update-september-2017

Yet again the month has come to an end. In the last update, I was pleased with the enormous progress we’ve made in such little time. Well, apparently we have surpassed our expectations again. Not only did we move a little closer to us owning our first rental property. We stepped up the game even more and actually bought a second rental property in the last few weeks!

Our dividends keep on flowing in, not much has changed there. Although our portfolio took a dive when we decided to sell 2 holdings in favor of our real estate ventures.

But the best thing and one that has the biggest impact of all, was me getting a new job!

Continue reading

Monthly Portfolio update – August 2017

Monthly dividend and real estate update - august 2017

Looking back this past month, I was thinking what were the things that really stood out for us. Besides some steady dividend income, we’ve also paid down the deposit for our rental property and are finalizing some last steps on the total financing package, like getting our current home appraised. To add some fun to the mix, I got the opportunity to attend a blockchain masterclass, which was awesome. And I’ve booked a 5-day holiday to Lisbon, where I will go to with a friend in October. Let the money roll, right 😉 And not to forget, Divnomics had its first birthday last week!

Continue reading

Three Types of Real Estate Investors

garrett-gee-108185

The magic words were spoken somewhere in February of this year… What if we would invest in real estate?

And so we did. In the midst of July, we bought our very first rental property. Of course, there happened quite a few things in between as well. I hoped to give you a detailed post on the financial side of this deal. But instead, we found some new (to us) financial possibilities, which has led us to research a new option on funding for the property. We still have 3 months before the transfer take place, so we take our time.

Today’s housing market is not an easy one. It’s a seller’s market, and every month the prices are going up, so it seems. When real estate profits in general, and especially when their return surpasses those of others assets, more people are looking for ways to invest in it. Buying a normal house (where you want to live in) can be difficult. Let alone buying a rental property.

Instead of peeking into our own numbers and figures, I thought it would be interesting to show our view on the different types of real estate investors we have come across so far.

Continue reading

Monthly Dividend and Real Estate update – July 2017

Monthly dividend & portfolio update - July 2017

The past month has been flying by like crazy. The plans for the wedding are really taking shape and I’ve, completely unexpected, bought a wedding dress. With ‘only’ 9 months to go, the coming month we will be deciding on the invitations and flowers (Pinterest really became my friend in this).

But the even bigger news here is that we have bought a rental property!

Oh yes, and of course we are receiving dividends as well. Still collecting without even lifting a finger. Talking about the power of passive income here.

Continue reading

Investing in Real Estate – The Basics: Finding The Sweet Deals

Investing-real-estate

This past week we’ve been to a seminar of Kevin Green on real estate, and I (Mrs. Divnomics) went to a Meet-Up for real estate investors. There were some people we knew who also went to both, and we’ve already getting to know quite some people because of it.

I was hoping that both topics had information that would be a bit similar, and I was right. Two key topics that were covered on both were these:

1. How can I find a good property deal?
2. How can I find the money to fund buying a property?

Both of these questions are very important to get some answers to when you want to invest in real estate. For now, we only focus on the first question.

Continue reading