Posts tagged Spreadsheet
2019 Homes Performance - Earnings & Expenses

Why do I share these?

I share in an effort to show transparency on Real Estate & Airbnb Investments. I often see investors brag about all that can be made, which is substantial even in less desired locations like some of my homes are in, and yet they leave out the high expenses required to run such a business.

What I appreciate is that these 6 properties (3 with partial ownership), allow me to be Financially Independent, which I define as earning more from my assets than I spend to live. Of course, this is partially because I live frugally. In 2019, I personally earned $40,956 in profits from the homes, up $4,000 from the previous year.

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How Did My Homes Perform? Annual Review!

Hello friends,

As we are nearing the end of the year, the reality of the impending need to get all my numbers crunched is starting to set in. Yay spreadsheets!

In March or April when I finally had all of last years numbers together, I had the idea to share them with you but then somehow it got pushed aside for one more interesting idea or another. Good news! I have them here for you today.

My aim in sharing the real life numbers with you is to a show a true snapshot of what you can expect from owning Airbnb rentals. At the end of the day, I am eternally grateful for the $36,840 of profit I was able to generate off of just 6 homes. Yet, when I step back and look at the numbers, considering all the hard work and time put in, it looks low to me and not an impressive, slam dunk of what some expect bnbs to be.

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