Landa a dividend delight.

 December 9th 2022

I am here to provide my Nov/Dec Landa update. This month the dividends were nice but as always there has been a problem. Before I get into the issues encountered this month let's take a look at what my dividends provided for me this month. As I have stated in the past my goal is to obtain a 10% return on the passive portion of my investment, this means that if the property itself goes up in value, I do not take that into account since my goal is passive monthly income.  This month my total return against my initial investment was 1.1%. I know that this percentage will naturally go down, due to the way Landa pays out dividends on its properties that are not 100% sold.  So let's just pretend for a moment, that everyone paid the rent on time, and Landa was able to move forward and continue paying me the rent dividend every month. This would yield a return of 13.2% EOY return total.  Considering that the best CD rate I can find today is 5.35% taking a risk for me is worth it. One thing to keep in mind however is that the current property set that Landa is offering will not pay out the types of returns I am seeing. The best one I could find this month to re-invest in would only yield a little over 4% for the year. This means that am still trying to decide if I want to re-invest the dividends here or move them to another location for growth. Now let's move on to the ever-present elephant in the room with Landa. The fact that I have encountered more issues Yet again this month. Landa collects rent in advance and pays out the dividends on the first of every month. I have in the past had issues with the amount listed in my payout being different than the final total. After learning this lesson the hard way I have opted to wait for all funds to clear out of processing before doing anything. Well unfortunately this month it appears that according to the App my funds are still processing 9 days later. That’s right it's December 9th and nothing has cleared. I reached out to Land's awesome support team, only to be told that everything looks good on their end.

Yes, I have been waiting now for 9 days because the app will not show my dividend as being processed. I would like to say this is a surprise, but as the previous blogs post-show it's kind of normal.

I think the worst part was, in an attempt to see if it happened to be my device that was causing an issue, I logged out of Landa, closed the app down, and then logged back in. I figured this would clear any potential bad information, and I wasn't wrong. It cleared my history back to Oct.  That's right, had I not taken any screenshots of my Landa Information I would have no record showing what properties paid me a dividend this month. This goes back to my continuing question of how legitimate is Landa? Why would it not allow offline downloads of information for its clients?  As of the writing of this blog post, I still have not been able to refresh the app to get my most current transaction, so my hope is that the techs are working on it. If something really odd happens I will post a supplement blog for this month to share my experience.  As always if you have any questions, or comments post them, and I will do my best to answer.