tag:blogger.com,1999:blog-1332513014423909278.post6693611863335010579..comments2024-01-15T23:02:42.071-08:00Comments on Passive Income Dude (YR 3): Passive Income Report: January 2018Passive Income Dudehttp://www.blogger.com/profile/13698511310449851311noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-1332513014423909278.post-13787071487411610832018-03-03T22:15:56.006-08:002018-03-03T22:15:56.006-08:00Hey, Dan. Glad to hear the finger is getting bett...Hey, Dan. Glad to hear the finger is getting better. You're going to need it to keep us up-to-date on your rentals! Congrats on reaching the 4-digit mark for a month. If I'm lucky, I might do the same later this year.Engineering Dividendshttps://www.blogger.com/profile/06145257260552866922noreply@blogger.comtag:blogger.com,1999:blog-1332513014423909278.post-52132624471542062662018-02-25T03:41:38.178-08:002018-02-25T03:41:38.178-08:00Thanks Keith. Yea, there are been better months t...Thanks Keith. Yea, there are been better months this past year for sure. I'm now in a groove with these properties, where they are all rented, are newer homes, and have relatively solid management in place....so it is actually very (very) passive positive income at the moment.Passive Income Dudehttps://www.blogger.com/profile/13698511310449851311noreply@blogger.comtag:blogger.com,1999:blog-1332513014423909278.post-19390403800046247282018-02-25T03:40:15.023-08:002018-02-25T03:40:15.023-08:00Thanks Money Hungry, but it definitely isn't e...Thanks Money Hungry, but it definitely isn't easy! Some months are easy with no work required (like January), but the entire acquisition process in first getting the property is not a walk in the park!Passive Income Dudehttps://www.blogger.com/profile/13698511310449851311noreply@blogger.comtag:blogger.com,1999:blog-1332513014423909278.post-17169168341695432932018-02-25T03:39:17.267-08:002018-02-25T03:39:17.267-08:00Hey thanks Timeinthemarket! It really was only bec...Hey thanks Timeinthemarket! It really was only because I moved and purchased another rental. Going to have to keep doing similar activities to keep it up; otherwise it will be a major drop! hahaPassive Income Dudehttps://www.blogger.com/profile/13698511310449851311noreply@blogger.comtag:blogger.com,1999:blog-1332513014423909278.post-79249193986935081962018-02-24T06:48:43.060-08:002018-02-24T06:48:43.060-08:00You make real estate investing seem so easy. Great...You make real estate investing seem so easy. Great job on the YoY increase. Killing it PID!Money Hungryhttps://www.blogger.com/profile/13240019123217401985noreply@blogger.comtag:blogger.com,1999:blog-1332513014423909278.post-80552499465545044412018-02-19T21:25:53.444-08:002018-02-19T21:25:53.444-08:00Solid start to the year! Those rental properties a...Solid start to the year! Those rental properties are all starting to work in your favor I see. In recent months all four properties are more or less in the black which is a positive sign. I can remember seeing some red with these updates a while back. Keep up the good work!DivHuthttps://www.blogger.com/profile/02437642929198374070noreply@blogger.comtag:blogger.com,1999:blog-1332513014423909278.post-56363847026111253312018-02-18T16:32:41.744-08:002018-02-18T16:32:41.744-08:00Damn, that's an awesome growth rate this year....Damn, that's an awesome growth rate this year. Nice job growing those income producing properties!Time in the Markethttps://www.blogger.com/profile/03753530365994224496noreply@blogger.comtag:blogger.com,1999:blog-1332513014423909278.post-75478365658477702772018-02-18T13:38:43.558-08:002018-02-18T13:38:43.558-08:00Hey thanks PCanadian! I've been studying a ton...Hey thanks PCanadian! I've been studying a ton, but still don't feel ready yet. About a month out from the exam, so I'll need to hit it hard for the next 30 days or so.<br /><br />As to your question - these cash flow numbers do not include the principle part of the mortgage. It is just the cash flow above all expenses to own the asset. If you look at my 'mortgages' tab (which I admit needs updating, like many other of my tabs), that area shows my principle part. In aggregate, it's about an extra $1500 per month. This is the INCREDIBLE part about real estate....your tenant pays down your debt for you! Every year that $1500/mo is about $18,000 in 'debt reduction' through principle earned. It's a beautiful thing that one day perhaps I'll be able to capitalize on! :)Passive Income Dudehttps://www.blogger.com/profile/13698511310449851311noreply@blogger.comtag:blogger.com,1999:blog-1332513014423909278.post-59722782490166907202018-02-18T13:35:36.149-08:002018-02-18T13:35:36.149-08:00IP, yea they are! They definitely reduce your taxe...IP, yea they are! They definitely reduce your taxes. We'll see what my effective rate is for this year in a few days....will be filing soon!Passive Income Dudehttps://www.blogger.com/profile/13698511310449851311noreply@blogger.comtag:blogger.com,1999:blog-1332513014423909278.post-40082713547300670912018-02-18T13:35:02.163-08:002018-02-18T13:35:02.163-08:00Hey thanks Diplomats! I've missed interacting ...Hey thanks Diplomats! I've missed interacting with you guys. Rock on,Passive Income Dudehttps://www.blogger.com/profile/13698511310449851311noreply@blogger.comtag:blogger.com,1999:blog-1332513014423909278.post-18476618294042590792018-02-18T09:32:10.403-08:002018-02-18T09:32:10.403-08:00That is impressive year over year growth. Rental ...That is impressive year over year growth. Rental properties are a great way to go as they can reduce your taxes.Investing Pursuitshttps://www.blogger.com/profile/07276747402458953430noreply@blogger.comtag:blogger.com,1999:blog-1332513014423909278.post-46276368846771510212018-02-18T08:16:38.699-08:002018-02-18T08:16:38.699-08:00Woot woot congrats! Nice income and good luck on t...Woot woot congrats! Nice income and good luck on the exam.<br /><br />Curious when you add your rentals is it cashflow after paying the mortgage? Or do you include the priciple part of the mortgage?<br /><br />Keep it up<br />Cheers<br />Passivecanadianhttps://www.blogger.com/profile/08545122695203467535noreply@blogger.comtag:blogger.com,1999:blog-1332513014423909278.post-77479443875321895192018-02-18T08:13:13.432-08:002018-02-18T08:13:13.432-08:00What a growth rate compared to last year. Nice jo...What a growth rate compared to last year. Nice job PID!Dividend Diplomatshttps://www.blogger.com/profile/14920248039296961145noreply@blogger.com