A Peek Inside My 7 Figure Real-Estate Portfolio: 2019 Quarter 1 Update
Updated: Oct 25, 2020
2018 wasn't a fun year for traditional investors in public stock markets. But my real-estate portfolio happily hummed along with a healthy 8.76%+ return.
Note: this is an older version of this article series and there is another, newer update now available. Click here to view the master index which contains a link to the latest and greatest update (as well as all of the older updates). (Usual disclaimer: I'm just an investor expressing my personal opinion and not a registered financial advisor, attorney or accountant. Consult your own financial professionals before making any financial decisions. Code of Ethics: We do not accept any money from any sponsor or platform for anything, including postings, reviews, referring investors, affiliate leads or advertising. Nor do we negotiate special terms for ourselves in the club above what we negotiate for the benefit of members.). Everyone always asks, "What's in your portfolio, Ian, and how's it doing"? Well here's the very detailed answer. I've been disclosing this since I started doing this series in 2017, and now it's time for an update. First I'll give you some important background with a quick summary of my risk profile and preferences. Then I'll talk about what's changed since the last update. And finally I'll dig into the details of each individual investment. (Note: while I call this my "real estate portfolio" it's technically my "alternative investing portfolio" because there's a tiny bit left in direct lending. And I intend to get into more alternatives this year).
First, I am a retired serial-entrepreneur and rely on my investments to completely support myself and my family. So I'm an extremely conservative investor. Preservation of capital is #1 for me. So what I do may not be appropriate for someone who's more aggressive or speculative. At this stage of the cycle, I'm thinking defensively about the next downturn, and all investments have to leave me feeling okay after I pound them with recession-level stress tests. (More about my method is in "