Below is my 2014 Yearly Income Report, with years 2013 and 2012 as comparisons. The purpose of these reports is to give beginning real estate investors a real idea of what it’s like to invest in houses. In 2014 I had 9 houses (14 rental units) in service. I have chosen to have my properties…
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The following profit and loss report shows profits and losses from real estate in 2013 (with a comparison column of FY 2012) and does not include other income producing activities such as online sales of spreadsheets and ebooks, Amazon FBA sales, or Google Adsense advertising income. As always, I include these reports to give a…
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This is my profit and loss statement for my 5 rental properties for fiscal year 2012. I wanted to post this (and will continue to post quarterly and yearly P&L statements) in the interest of full disclosure. To me, real estate is the best of all possible investments but you have to remember, real estate…
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