Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply

User Stats

23
Posts
34
Votes
Nicholas Munford
  • Real Estate Agent
  • Tampa Florida
34
Votes |
23
Posts

Why Did You Get Into REI?

Nicholas Munford
  • Real Estate Agent
  • Tampa Florida
Posted

When you decided to get into REI what was your why (your drive) to get into the business and succeed?

Personally, my why is to past my knowledge on to others, specifically, those less fortunate and unsure of where they will go in life. I want to be able to give young adults the prospect of another path that they can go on as adults.

If you're just staring out, if you're a seasoned veteran or if you've lost sight of your why and need a refresher. Discuss what your why is because it will encourage me and hopefully others too <3

Most Popular Reply

User Stats

2,953
Posts
4,475
Votes
Alexander Felice
Pro Member
  • Guy with Great Hair
  • Austin, TX
4,475
Votes |
2,953
Posts
Alexander Felice
Pro Member
  • Guy with Great Hair
  • Austin, TX
Replied

I was broke, working a job I hated, with a tyrant of a boss, had few life skills, a bunch of debt, and no end in sight. 

Then I realized real estate (when purchased at a discount) can create equity, be rented for high cash flow, and comes with good tax deductions. I run the portfolio passively and it's simple enough for an idiot like me to retire off of in just a few years. 

Loading replies...