You know what time it is! Yes, another monthly update.
In April me and my business partners bought a second apartment, which is already generating us extra interests.
Enough of words, let’s talk in numbers!
Private account interests received:
Interests received from private P2P in April 2017 = 7,77€.
No withdrawals nor deposists were made to/from the private accounts at April.
Company interests received:
As I mentioned beforehand, I wanted to earn higher ROI and started investing at different P2P platforms in the beginning of the year.
|Company total interests||67,96€||8500€||8556,14€|
Total amount of interests received 75,73€
My comments to the returns
Earned a total of 75,73€ in April with my private and company’s accounts.
No problems with the apartment nor the rent payments.
Overall a superb tenant!
In March me and my fellow business partners bought one more apartment, which is located at the capital of Estonia, Tallinn.
As the month has passed, we already have a tenant in and is paying rent.
Our plan is to let it generate rent revenue and later in the future sell it. I will be posting a longer article about the apartment soon.
So far my 3600€ investment in the property #2 is generating me a total of 27,40€ income per month. Also, when we sell the apartment in the future, I will be receiving my percentage from the sale. So that’s a big bonus, because the property prices are always continuously climbing.
In March, I invested an extra 1500 euros to my Omaraha account and now I am waiting pantienly on receiving extra interests.
I have my investment terms set to 5 year loans, with a score from 901-1000 rating and the maximum amount at 10€ per loan.
The money has been steadily going out and by the end of April, I had over 2330 euros invested. Portfolio balance 2339,18€, but still over 160 euros on the account, waiting to be invested, which means more interests in the future!
Loans went out pretty quickly and that sweet 500€ is generating me more passive income!
This concludes the Portfolio update of April!
How did your month go? Leave a comment and share your thoughts about the blog with me and the blog readers.