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 5 years ago on . Most recent reply

User Stats

26
Posts
21
Votes
Andrew Fallwell
  • Evansville, IN
21
Votes |
26
Posts

I am a Certified Financial Planner, AMA

Andrew Fallwell
  • Evansville, IN
Posted

Relatively new BP member who is also a fee based CFP.  I find concentrated positions held in small businesses/RE to be the best wealth generator a person could have.  Feel free to ask me anything about investments, financial planning, personal finance, etc. 

This does not constitute a formal fiduciary based financial planning agreement, and should not be construed as client specific planning, investment advice, legal or accounting. 

Most Popular Reply

User Stats

26
Posts
21
Votes
Andrew Fallwell
  • Evansville, IN
21
Votes |
26
Posts
Andrew Fallwell
  • Evansville, IN
Replied

@Cassi Justiz There are a few things.  First, there is a control factor with RE that I do not have with the broader stock market.  I can know Tesla's a great investment, but then Elon Musk goes on Joe Rogan and smokes weed.  While there are always uncontrollable factors in any investment, I can reduce them by having a small business where I make the decisions.  Second, there is the introduction of leverage to increase your return profile which if used correctly can significantly help Net Worth growth over time. 

My ideal investment is a BRRR that cash flows on the back end with leverage. That being said, I am more concerned with my cash on cash return, as that's the bogey I use to measure against my other investment performance.

Loading replies...