Sharing a quick success!

[Matt Lyons]

First and foremost: LOVE THE BP FAMILY AND PROGRAM! Just needed to say that… quick success story that might help to inspire another:

About 18 months ago I purchased a lake front lot outside Dallas TX. It was out in the middle of nowhere and had nothing on it, but I figured it was lakefront and the owner agreed to hold the note with 10% down so I figured WHY NOT, what better place to park $8k of my money. Plan was to develop it into a tiny home and Airbnb it…. Well life got busy and all I did was make my monthly payments of about $400 a month. I decided a couple of months back that I would try and sell it and hope to walk away with $20k in profit…. I closed today…. Net proceeds to me, after all was said and done: $45,924.45!!!! Doing nothing is also a decision and in this case not a bad one! In a side note: I have NEVER VISITED or stepped foot on this property and never met (in person) the previous owner or the new buyer…. Don’t let anyone tell you something can’t be done and don’t be afraid to pivot when you need to

Keep investing!