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Financial Independence Retire Early

The properties were the real MVP this month!



Two went up and one went down over January. I think they got updated because I had my broker look at my interest rate to see if he could get me a better deal. This usually triggers the bank to access their position with me and the properties and see if everything is OK. As a result, the price is usually updated (for better or worse).


I’ve also noticed that when I pull equity out, the prices are updated. They do update automatically but it takes longer for some reason.


I’m currently paying 4.3% which may sound high, but there are other factors that come into play when you’re investing in property that needs to be considered. So while I could get a lower rate elsewhere, my current lender offers me what I need to continue to move forward with my strategy that others did not.

Net Worth Update

Very nice bump of $21K this month thanks mainly to the two properties. We saved pretty well for January which helped.


Oh and ETF’s went up slightly AND we got dividend payouts for all three funds (VAS, VTS, VEU).


The dividend payouts were an awesome surprise. We received close to $400 bucks for doing absolutely NOTHING!!! MHAHAHA 


It’s funny, because with the properties there is definitely work involved. But with the ETF’s, it’s so incredible low maintenance that it feels like we are throwing money into a magical pot that spews out more money every quarter.




We FINALLY broke the quarter million mark!!!



Now to concentrate on that $300K goal. Setting our sights to get there by the of the year.


Fingers crossed



Two up and one down. It’s nice that the two have gone up, but to be honest they have simply reached heights that were already reached last year. They are just now getting back to that price. I still hoping for them to climb to new highs.

I recently had the rent increased on my most recent property to $290 p/w which is really good cash flow considering I paid $250K for it in Q4 2015. It’s been my best performing property to date.

Various data sources (RP data, etc.) are used in combination of what similar surrounding properties were sold for to calculate an estimate. This is an official Commonwealth bank estimate and one which they use to approve loans.


Dividend payouts!!! And a slight bump in gains this month. Not too much action to report here.



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Download My Networth Sheet

Download my personal spreadsheet I use to calculate my net worth each month