Projecting for January…debt to assets = 56.38%
Couple of reminders/clarification points: -Off-balance sheet items (529 account, custodial trust account) -Including LOC balance for the past year or so, but going to subtract the amount that my other businesses owe. -I use lines of credit for short/mid term financing but sometimes I have to float expenses for a year or so until they can be paid back out of cash flow or new loan proceeds, etc.
2023 goals:
Near Term Goals (by 1/1/2024): 1 - Collect $35,000 per month in rents 2 - Close $700,000 per month in sales 3 - $2.75M net worth
Mid Term Goal (by 45 aka: 1/1/2025): 1. 10 investment properties paid off. 2. NW = $3M |