This week we passed another great event – the sale of our third investment condo. And as we finish the math on how much we made, we’re nearing the $100,000 mark.
And yes, I’m being totally serious, and no I’m not being braggy. I just want to be honest. In case you’re a girl that’s tired of slugging it out in your day job and scrimping together for your RRSP’s wondering how it’s all going to work out, or if you’ll even have enough money. If that's you, listen up.
This condo was not technically an investment condo, since we actually lived in the unit for a while, but it was bought with the intention of being an investment.
We bought the unit in 2009 and I wouldn’t exactly say it was easy. I knew investing in condos was a great way to make money…because I’d done it before and made $50,000, but as the date to sign our papers got closer at the showroom in that fall of ’09 it was seeming more and more scary to me. You know, all those naggy, scary, “oh my god, what if I lose everything” kind of thoughts.
And to categorize them properly, I’ll say they are fears…not just thoughts. Thoughts have more logic and reason. Fears are not logical at all, and they prey and amplify your biggest worries.
Pushing through them is hard work.
But, I did.
So, we bought our condo, and pulled together our pennies (literally) for our down payment. Then we waited for the condo to be built. We waited 4 years. And finally it was ready. Here's what happened.