My journey of becoming financial independence by 35 years old
Happy New Year, again! LOL 🙂
Hope everyone have a good new year so far. For me, I was off to a great start. I had the renovation project going on during the Christmas holiday. I closed the building on December, 20th, 2016 and I’ve been working on renovation ever since.
It has been a humbling experience thus far as many of the guys I hired work through the holidays just like I did. I’m grateful even with all the hic-up that we’ve encountered, one by one we solved the puzzle. To retrofit a building that was built in 1915 into something modern and tasteful and matches today’s living standard was/is a challenge.
Acting a contractor and judging a fulltime job, I still encounter some bad apples out there as my main guy was pulled to do other job. Some of the problems:
*my materials got stolen
*tools got stolen
*not finishing out the job
*not showing up for work
Nonetheless, I’m still grateful of what we’ve accomplished so far. Mr.W has been sick with a month long cold that hasn’t seem to go away. And his sciatic nerve is acting up. But I don’t know why men don’t go to the doctor??!! Anyhow, as my days blend with nights, I’m hardly able to take good care of myself, let alone taking care of Mr.W.
The weather has been mostly favorable, but we’ve encountered rain and snow that delayed our progress, but I hope after this weekend, hopefully I can put most of the big project like hole in the wall healing, water bursting, water meter flooding, toilet installation, floor installation, and other outdoor maintenance and fixing and patching, behind me.
I’ve been showing the apartment for rent. I got a lot of feedbacks, but I’m confident with my $300-600 lower than the current market, I’ll get the units rented.
Now, back to dividend. I’ve sold most of my position, however, I was still getting dividend because I sold them after the ex-dividend date. So, here goes:
|12/29/2016||GILDPopup GILEAD SCIENCES INC 122916 10||$4.70|
|12/16/2016||FLOPopup FLOWERS FOODS INC 121616 50||$8.00|
|12/15/2016||CCPopup CHEMOURS CO 121516 2||$0.06|
|12/13/2016||BANK DEPOSIT SWEEP 121316||$0.41|
|12/12/2016||CTLPopup CENTURYLINK INC 121216 20||$10.80|
|12/12/2016||DHIPopup D R HORTON INC 121216 20||$2.00|
|12/1/2016||FPopup FORD MOTOR COMPANY 120116 173||$25.95|
|12/1/2016||WFCPopup WELLS FARGO & CO NEW 120116 530||$201.40|
$253.32 is wonderful. It’s the money I didn’t have to work for. LOL 🙂
rental income after expense: $700
Total for December: $953.32
This totally exceeded my passive income goal I’ve set in Jan 2016. I even looking forward to 2017 more. We have a trip coming up in 3 weeks, so whatever the renovations plan I have going on, it needs to be finished as I don’t want to get calls while I’m in the Island.