July 2022 - Net Worth Calculation ($98,814.89) => 1.09% from June 2022

Assets:

The assets I have included include the following categories: Savings/Checking Accounts, Cash, Venmo Account, & Retirement Accounts.

Net Worth Increase: +1,069.66

401K increase: -3.95%

Total Assets: $99,736.99

Liabilities:

Student/ Car Loans: $0.00

Credit Card: $922.10

Total Liabilities: $922.10

TOTAL NET WORTH: $98,814.89

Sadly, no $100K in net worth yet which I am pretty surprised about. I think the decrease in my 401K countered the increase I got from my third paycheck. That's OK though; I still saw an overall increase which is always a good thing!

July net worth will probably be similar to June. I hired an electrician to take care of some known issues in my duplex which will run about $500. I'm also planning a vacation for August so that will take a fair amount of money as well. Good news though, I am in the process of purchasing my second investment property! It is a duplex in Bedford: 3/1 and a 2/1. Obviously nothing is set in stone, but it is exciting to get my feet wet again. Around 9% CoC return if you don't count my management (14% otherwise).

*Note: I now include equity in my primary mortgage in my assets because it is considered an investment.

2022 Goals:

1. Gross 100K -> 92K from PGR and 20K from Real Estate Agent

2. 1.5M in RE sales or 10ish transactions

3. Own 2 more units for a total of 4

4. Savings Rate of 60%

   1. Current savings rate = 54.4%

5. Have 30K ready for next property - Done!

6. Do 25 pull ups and 75 push ups in a row consistently

7. Be able to hold a hand stand for 30 secs

8. Do a 3 min plank

   1. Current 1.5 mins

9. Try 8 new restaurants

   1. The Fairmount - University Heights

   2. Michealangelo's - Richfield

   3. Olesia's - Richfield

10. Explore 4 new state parks

    1. OhioPyle, PA

11. Go to 2 new states

    1. Las Vegas, Nevada

12. Try 6 new recipes including bread and crab cakes

13. Visit both Grandmas 8 times each

    1. Visited Gphilly/ Grandma 2/1

14. Call my family members at least once every other week

15. Read 10 books

16. Run a Spartan 10K in 1.5 hours (and maybe do a beast...)