Hello fellow freedom and wealth seekers!
Spring is here, a month has already passed since last update. April was another great month setting a new personal record for me (again). As you can see on the Income history page, things are looking pretty good. This months growth came mainly from a higher blog income. Thank you so much for being on this journey with me, I really appreciate your support!
Here is my income statement for April 2018.
Bondora returned 63,85€ (+12,82€ more than last month)
Twino returned 17,39€ (+0,67€ more than last month)
Swaper returned 77,78€ (-26,86€ less than last month)
Robocash returned 50,88€ (-21,36€ less than last month)
Crowdestate returned 61,16€ (+28,44€ more than last month)
Crowdestor returned 28,33€ (first month with this platform)
Mintos returned 58,15€ (+10,48€ more than last month)
First property returned 660€
Blog returned 202,92€ (+50,96€ more than last month)
1.220,16€ (+83,48€ more than last month) which equals
40,67% of my first goal (+2,77% more than last month)
Comments on the returns
All investments on Crowdestate paid on time this month as well. They are still publishing a lot of new projects every month. I’m really pleased with the development of this platform.
A new design update was released, introducing useful graphs and better account overview. I should probably write a complete review of Crowdestate to showcase this. It’s one of my favorites.
The development of this new platform continues and it keeps getting better. First project “TESLA TAXI Park Riga” made their first repayment on time on April 5th. In May, I expect the second repayment from the Tesla project and the first repayment from the Cryptocurrency mining farm. Everything looks good so far on Crowdestor.
April was a record month for my Mintos portfolio. I have been adding 4.000€ in 2018 so my total investment is now 5.000€.
The Mogo Cashback campaign was extended once again, this time to 16.05.2018. That means you still can get up to 5% cash back if you invest in 60 month loans from Mogo. It’s a great opportunity to invest in Mintos if you plan to get involved in the platform.
I started writing a complete review on the Mintos platform which will be released later this month.
Swaper returned less in April, but this was expected after the huge return in March. It should go up again in May. Investing on Swaper is so easy. It only takes a few clicks to setup the auto-invest and after that everything is automated.
March was a weak month for Robocash and it kinda puzzles me. I have experienced zero cash drag, available funds are invested several times daily. With ~6.350€ invested I would expect a monthly return of ~75€. It’s probably due to delayed loans and I will have to wait a month for the buyback guarantee to kick in. Next month should be better.
So how is it being a landlord? The lenders in the first property have called me a few times but nothing out of the ordinary. The rent is paid every month.
Last week I bought a lawn mower and for the first time I did a few hours of gardening. We live in an apartment where I don’t have to do anything outside myself, so I actually enjoy maintaining the garden in the rental property.
I’d love to be a full time landlord once I have enough properties.
Until next time
I’m in the process of buying my second property. The purchase agreement has been made, now I just need to convince the banks to give me an 80% mortgage. It could turn out to be hard to get, it wasn’t easy when I bought the first property! I have a meeting with my bank on May 5th, I really hope it will work out. Cross your fingers for me 🙂
Enjoy the spring everyone!