G. Brian Davis

Real Estate FIRE Escape, Part II: Diversifying Your Income Streams

July 24, 2018 by Mr. 1500 Days 7 Comments

Today's guest post from G. Brian Davis is a continuation of yesterday's. If you haven't yet, make sure you read Part 1. In Part 1 of this two-part series, we looked at the 4% Rule and how rental properties can generate more income from a smaller nest egg. Not convinced that real estate returns can rival equities? Consider a joint study by several US and German … [Read more...] about Real Estate FIRE Escape, Part II: Diversifying Your Income Streams

Real Estate FIRE Escape, Part I: The Math Behind Early Retirement with Rentals

July 23, 2018 by Mr. 1500 Days 25 Comments

I'm on vacation this week with Mrs. 1500. She's attending Podcast Movement and I'm exploring Philadelphia with the children. Reader note: Exploring means eating cheese steaks. I've lined up some guest posts for you while I'm wiping the cheese sauce from my face. The first is a two-parter that comes from G. Brian Davis over at Spark Rental. There are a million and one ways to … [Read more...] about Real Estate FIRE Escape, Part I: The Math Behind Early Retirement with Rentals

My goal was to build a portfolio of $1,000,000 by February of 2017; 1500 days from the birth of this blog (January 1, 2013). And hey look, I’ve since retired!

Investments only (primary home excluded)
1/1/13 (The Start): $586,043
1/1/14 (1 Yr Later): $869,635
1/1/15 (2 Yrs Later): $987,351
1/1/16 (3 Yrs Later): $1,057,961
1/1/17 (4 Yrs Later): $1,257,128
1/1/18 (5 Yrs Later): $1,527,701
1/1/19 (6 Yrs Later): $1,549,440
1/1/20 (7 Yrs Later): $2,035,040*
1/1/21 (8 Yrs Later): $3,379,746**
1/1/22 (9 Yrs Later): $4,762,642
1/1/23 (10 Yrs Later): $3,112,821

2023: Investments only
1/1: $3,112,821
2/1: $3,582,368
3/1: $3,716,852

Overall
2023 investment gains: $604,031
Investment gains since 1/1/2013: $3,130,809
Net worth***: $3,946,852

* The big jump between 2019 and 2020 was partly because we bought another home, but kept the previous (much more expensive) one as a rental. We have since sold it.

** Tesla.

*** Includes our primary home equity in addition to our investment portfolio.

Finally, we still have about $290,000 in mortgage debt (which I love!). No regrets about the debts!