Here’s my December 2016 income report. I’m late on this one, so it’ll be a short one.
I didn’t push out new material in December ‘cause I was too busy cranking on the side project I mentioned in the last couple income reports. Boy is it taking a lot of time. I’ll share more about it later. I’m bummed I didn’t get to the roundup post I wanted to do. I plan to get back on that after I get more time in a few months.
I’ve also been ramping up a ton at my new day job and getting up to speed on a lot of stuff I had no background in before. It’s been a firehose! More on that later too.
For December, I booked net revenue of $3,653. This was up +29% year over year.
What progress did I make?
1. Continued to look for real estate
We’re starting to go to open houses again, but inventory is a trickle. I also automated alerts for myself whereby anytime a new rental fitting my purchase criteria gets listed on Craigslist, I get emailed about it. Then I’ll email the landlord to ask if they’re open to selling instead. Have gotten a couple “nibbles of interest” but nothing has panned out yet.
We’re having to get more creative to find leads, especially as interest rates continue to rise…now over 4%. We’re hoping to find a place by summer to lock in a (still relatively) low rate, but it’s not easy!
2. Twitter followers: ~853
OK, so my little bot finally got banned by Twitter. Twitter regulates usage of its API and we finally busted it. So we haven’t been able to automate our growth since mid-December, and our followership has slid a little.
After the side projects I’m working on wind down, I’ll implement a different solution to drive our Twitter growth. I just need time to set it up and test it, so it’ll have to be in a few months unfortunately.
3. Credit card bonuses
We got a new laptop to use for building HYW and our real estate investing efforts (a nice tax write-off, too), which easily satisfied Kelly’s spend requirement for her BarclayCard Arrival+ World Elite Mastercard. We also earned a bonus for her Chase Freedom Unlimited card.
Since we’ve both hit Chase’s 5/24 limit and there aren’t a lot of other good cards out there that we don’t already have, we’ll slow down our card signups for a few months and wait for our previous cards to roll off that 24-month lookback.
So, our new card activity will decrease for a while…that is, unless a great new non-Chase deal comes up. Unlikely, but you never know.
We’ve also already canceled half a dozen cards whose anniversaries have approached. We weren’t spending on them anymore anyway, and their perks beyond the initial bonus didn’t justify their annual fees.
After capturing more than 1 million points across loyalty programs, and translating that into free travel + hotels on our honeymoon and trip to Asia, we’ll be back again for more once our application clocks “reset.”
That wraps up December and 2016. Normally I do a look-ahead section and describe my upcoming plans for the month, but since I’m writing this post late, and since I won’t come up for air for a few months still, I don’t have stuff to share for this section this month. More next month!