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Reviews & Feedback
Updated over 10 years ago on . Most recent reply
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How BP has helped move me forward
BP isn't simply a site to peruse, it is a site to use and be involved in. Here is how I have used BP to help me in the last month or so that I have been using it.
- Education! I've learned about the 1% rule, the 2% rule, the 50% rule, what others consider a deal, etc, etc. Even though I've already done some deals, there is always the question in the back of my head, "Am I doing it right?" BP has helped answer that question. Yes, sometimes. No, sometimes. All this is going to impact the deals I pursue.
- Networking! Call people, folks! I have connected with several "colleagues" here and asked if I could call them. I've picked their brain and told them what I am doing. Not only do I wonder if I am doing it right, I am constantly asking "Can I do better than this?" In some cases in my niche (nicer homes in better in nicer neighborhoods) I am doing getting better returns than others, and in some case I am getting worse returns. You better believe I am going to take another look at what I am doing.
- Advice! I've asked a few questions and gotten helpful feedback on what to do with a property. I've also given advice. Even though I feel like a newbie (and probably always will), others are even newer than I am and have sought my input. Its kinda nice!
- Research! I've used the search bar a lot to discover forums and blogs on topics I have questions on, like permits.
- Motivation! The podcasts are extremely motivating. And hearing what other investors are doing is motivating too. It is so nice to have you--yes, you--posting what is going on in your investing world (the good and bad), engaging with me on the forums, mentoring me, and commenting on my posts. I love it.
Thanks everyone!