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Updated about 7 years ago on . Most recent reply

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Rex Celle
  • Rental Property Investor
  • New Jersey
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Do you track your net worth?

Rex Celle
  • Rental Property Investor
  • New Jersey
Posted

How many of you track your net worth as RE investors. If so, please share with the BP community your approach and what you include under assets and liabilities.

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Charles Carillo
  • Rental Property Investor
  • North Palm Beach, FL
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Charles Carillo
  • Rental Property Investor
  • North Palm Beach, FL
Replied

@Rex Celle

When dealing with larger multifamily and commercial properties, banks will always request a personal financial statement/net worth statement and REO schedule. I keep one and regularly update it so it is ready to go.

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