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Updated over 6 years ago on . Most recent reply

Rex Celle's profile image
Rex Celle's profile image
Rex Celle
  • Rental Property Investor
  • from New Jersey
  • Member since Apr 19, 2019

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109
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Rex Celle's profile image
Rex Celle's profile image
Rex Celle
  • Rental Property Investor
  • from New Jersey
  • Member since Apr 19, 2019
Rex Celle
  • Rental Property Investor
  • New Jersey
83
Votes |
109
Posts
General Real Estate Investing

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's profile image
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Charles Carillo
  • Rental Property Investor
  • from North Palm Beach, FL
  • Member since Apr 8, 2018

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Charles Carillo's profile image
Charles Carillo's profile image
Charles Carillo
  • Rental Property Investor
  • from North Palm Beach, FL
  • Member since Apr 8, 2018
Charles Carillo
  • Rental Property Investor
  • North Palm Beach, FL
1,939
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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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