Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
Creative Real Estate Financing
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 about 2 years ago,

User Stats

82
Posts
84
Votes
Michael Key
  • Entrepreneur & Real Estate Investor
  • Idaho
84
Votes |
82
Posts

Can I rant about OPM

Michael Key
  • Entrepreneur & Real Estate Investor
  • Idaho
Posted

In real estate investing "OPM" is thrown around so much like it's just some magical thing. You just wish for it, and it shows up on your lap. It just doesn't magically appear. Yet in everything, it gets tossed around like it's magic and as convenient as your whipping out your credit card. But that's not at all how it works. And yet, it's literally behind every single "I BOUGHT THIS WITH ZERO MONEY" or "How to buy X when you don't have money"  video and blog post out there. And no one is ever upfront or honest about the amount of leg work or effort that goes into obtaining other people's money. It's just a magical solution to all your problems.

I literally made a comment today about not being a cash buyer (yet) and the first comment is "Don't forget about OPM" 

Yes, excuse me while I go pull it out of my rear end.

Loading replies...