What is my objective?
I’m looking to generate $100k annual side hustle and passive income from the Blog and AssetRise internet sites.
I’m looking to generate a $400k profit from the investment property in the next 24 months.
Florida Investment Property
What is it? I bought land in a popular Florida community for $400k where I am building a home to rent or flip.
Why did I do it? I have invested into my ETF portfolio heavily, so I wanted to diversify outside of stocks and bonds with real estate.
What does the revenue profile look like? Here’s the summary below:
- Amount Invested: $400k
- Date Started: Sept 2023
- 2023 Income: $0
- 2024 Expected Income: $0
- 2025 Expected Income: $450k
Monthly Progress Update
December 2023
- Met with builder, finalizing plans with the architect
- Jan goals: finalize architecture plans, sign builder agreement, begin permit process to city
