Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Personal Finance
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 over 10 years ago on . Most recent reply

User Stats

215
Posts
60
Votes
Ronnie Boyd
  • Fix & Flip, Wholetailing,
  • West Columbia, SC
60
Votes |
215
Posts

Just became DEBT FREE TODAY !!!

Ronnie Boyd
  • Fix & Flip, Wholetailing,
  • West Columbia, SC
Posted

I just paid of my house this morning and that's the last thing I owe to anyone.

I'm 41 now and own my house free and clear. I've been in REI now for a little over 2 years (wholesale & rehab/fix&flip). I still have my full time job as a sales rep but I'm keeping a rehab going at all times as well.

I really want to focus now on my buy & hold portfolio as well as continue to fix and flip for additional income. All of my profit from my flips have been put back into my business for growth. I live on my salary (commision) from my job and re-invest all profit back into my business.

I am looking at going full time in REI soon as I see now the opportunity cost my job caused me at times..

Thanks to this great forum and all the quality people that make up this community.  I'm looking forward to my next season in business. I'm still learning and know that I'm no where close to being a seasoned investor I will continue my education here as well as other trusted sources. 

Thanks @Joshua Dorkin @Sharon Vornholt @Mark Ferguson @brandonturner and countless others that have helped educate me (too many to mention)

Most Popular Reply

User Stats

2,770
Posts
3,666
Votes
Aaron Mazzrillo
  • Investor
  • Riverside, CA
3,666
Votes |
2,770
Posts
Aaron Mazzrillo
  • Investor
  • Riverside, CA
Replied

Wow, if I didn't owe anything to anyone I'd be crying myself to sleep every night. If the 8th wonder of the world is compound interest then the 9th must be leverage.

I hope to die at least $100M in debt and if I don't owe you a minimum $500K, we might be friends, but we're probably not very good friends.

Loading replies...