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.
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.
We have taken it a bit slow the past few months, as it comes to dividend investing. Our last stock buy was way back in January, which is already 5 months ago. Like, I notice I get triggered with everything that has to do with DGI, and can’t wait to buy some new stock again. Normally we invest money in stocks every 2 months or so and set aside a vast amount of money every month for this goal only.
However, we made a little change to our investment strategy.
Since a few months, another project has actively been part of our investment plan: rental properties.
We made this step because we wanted to have an additional income stream beside dividend growth investing. And ah yes, diversifying our portfolio is also one of the reasons.