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Updated about 5 years ago on . Most recent reply

David Walkotten's profile image
David Walkotten's profile image
David Walkotten
  • Rental Property Investor
  • from Grand Rapids, MI
  • Member since Nov 23, 2017
  • Posts 75
  • Votes 44
  • Experience 14 Yrs
  • Investments 4
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75
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Votes
David Walkotten's profile image
David Walkotten's profile image
David Walkotten
  • Rental Property Investor
  • from Grand Rapids, MI
  • Member since Nov 23, 2017
  • Posts 75
  • Votes 44
  • Experience 14 Yrs
  • Investments 4
Connect
David Walkotten
  • Rental Property Investor
  • Grand Rapids, MI
44
Votes |
75
Posts
Multi-Family and Apartment Investing

What was your principal paydown in 2019?

David Walkotten
  • Rental Property Investor
  • Grand Rapids, MI
Posted

Curious to know you guys’ principle pay down for the year. How does that relate to the amount and type of debt you have?

I calculated my net worth gain from my amortization schedules - multiplied by my equity percentage on each note.

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Terrell Garren's profile image
Terrell Garren's profile image
Terrell Garren
  • Rental Property Investor
  • from Concord, NC
  • Member since Dec 29, 2016
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Terrell Garren's profile image
Terrell Garren's profile image
Terrell Garren
  • Rental Property Investor
  • from Concord, NC
  • Member since Dec 29, 2016
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Terrell Garren
  • Rental Property Investor
  • Concord, NC
3,063
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1,240
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Terrell Garren
  • Rental Property Investor
  • Concord, NC
Replied

Ha, not a dime. I'm an old OK Boomer and done with debt.  I don't disagree that debt would make better use of my capital.  However, I'd rather have less money and sleep like porch dog. Clocks and calendars are for kids. Life is good. 

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