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Updated over 1 year ago on . Most recent reply
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When Biggerpocket investors are making more money than any hedge-fund/syndicator/bank
it put me into a smile when pop-and-mom biggerpocket-size investor like us is making money from cash-flow, from adu househack, from decent humble flippingg....than those syndicator that only yield 6% from hotel operation and stop the distribution.........or those large syndicator that suddenly ask for capital call ....or another syndicator that has to paid more than a million to maintain their cap and stopping their distribution........or the office syndicator that had to sell their building by 50% discount (following 2000 valuation)...or PIMCO that has to turn the key of their hotel back to lender.......with Bank of America and Wells Fargo that has $99999999 HTM unrealized losses......or all hedge fund that's now negative 20% YTD.
It makes small investor like us feels good that just simple cashflow 2/1 BR and/or flipping duplex and/or househacking would just work.
Maybe we're better money manager than all those institution player after all......
maybe the 30 Year fixed rate mortgage , that's all what we need.
7% residential interest rate seems like a bargain compare to those syndicator 5 year balloon loan. Just saying.
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- Rental Property Investor
- East Wenatchee, WA
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If we keep our ego in check, stay boring and stay in control, we have a better chance to succeed than most.
Always good to feel grateful @Carlos Ptriawan 👍