Here is the spreadsheet of my RE crowdfunding investments. I’m not optimistic about the Portland real estate market so I’d rather invest elsewhere. Real estate crowdfunding is great because you can diversify geographically. They’re the leading company in real estate crowdfunding and they have many commercial projects to choose from. In 2022, I am mainly investing with CrowdStreet. Repair and maintenance also take a lot of time and effort.
Working with tenants can be super stressful.
At this point in life, I don’t want to be a hands-on landlord anymore. There were problems, but I still think this is a great way to invest in real estate. I started investing in real estate crowdfunding in 2017. RB40 retires, we will be able to access these accounts via the Roth conversion – building a Roth IRA ladder.
Tax-advantaged accounts – Lastly, I count the income from our retirement accounts as a part of our passive income. Interest – This is just the interest from our bank accounts. I will reinvest the money into real estate crowdfunding. We’ll put it on sale when our tenant moves out. My goal is to consolidate down to just one unit, the duplex we live in. Rental properties – Currently, we have 2 rental units. I still like dividends, but I’ll focus on overall growth until Mrs. RB40 plans to keep working for a while so we won’t have to rely on dividends yet. Dividend stocks – This year I’m purchasing more growth stocks. A big project was completed in Q2 and we got a nice payout. That’s when they sell the projects and share the proceeds. This is because real estate crowdfunding projects pay out more when they are completed. Real estate crowdfunding – 2022 is our best year yet. I’ll quickly go over each category here so you can get an overall picture. It might come down a bit because we are taking a big summer vacation to Asia. In the first half of 2022, our FI ratio was 140%. You’ll probably be okay with 80%, but it’s better to err on the side of caution. Personally, I think 100% FI ratio is overkill because almost nobody stops working completely after early retirement. The FI ratio is a simple way to measure progress toward financial freedom. Passive Income – We generate passive income from the stock market, real estate crowdfunding, rental properties, and other investments. She plans to take a sabbatical in 2022 and perhaps retire early after that. However, we are still working to surpass 100% FI ratio consistently.Ĭurrently, we support our modest lifestyle with the combination of these income streams: That enabled our net worth to triple over this period and now we are quite comfortable financially. Our household income was good so we kept investing. Luckily, early retirement worked out very well for me over the last 10 years. I retired before our passive income got there, but I had an alternate source of income – blogging. Money won’t be an issue anymore and you can do whatever you want. Once your passive income surpasses your cost of living, you reached financial independence. Passive income is one of the keys to a successful early retirement. This shows that my early retirement is solid. All our investments are hitting their strides. Overall, our passive income was great in the first half of 2022. I sold some stocks and invested in several real estate crowdfunding projects. Fortunately, I diversified over the last few years. A downturn like this is very painful to retirees who need to sell stocks. Many investors had too much of their net worth invested in the stock market. Hopefully, you did and rebalanced before 2022. The last time I updated the quarterly passive income post, I asked you to check your asset allocation. This is why retirees need to build a passive income stream. However, our passive income is still holding up pretty well. Along with the stock market, our net worth decreased by the largest dollar amount ever (15%). The stock market is officially in a bear market and a recession is looming.
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