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
General Landlording & Rental Properties
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 9 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Kheri Mourad
  • Investor
  • Lincoln, NE
0
Votes |
4
Posts

Can't stop thinking about rental properties

Kheri Mourad
  • Investor
  • Lincoln, NE
Posted

So I'm at this new job today, and everything is being thrown at me. 401k saving, dental, vision etc... Anyways throughout the 8 hrs shift I could not focus on the task at hand but rather having rental properties. I feel like I can be great in this field. So I guess my question is; what made you folks go into real estate? One thing you like? Dislike?  What are somethings to cosider about a property before evening looking inside? 

Ps... I'm still waiting for my first deal (A landlord once told me patience is the name of the game) 

Most Popular Reply

User Stats

2,030
Posts
3,308
Votes
Anthony Gayden
  • Rental Property Investor
  • Omaha, NE
3,308
Votes |
2,030
Posts
Anthony Gayden
  • Rental Property Investor
  • Omaha, NE
Replied
Originally posted by @Kheri Mourad:

So I guess my question is; what made you folks go into real estate? One thing you like? Dislike?  What are somethings to cosider about a property before evening looking inside? 

 I went through some rough financial problems during the recession which included being unemployed for nearly 6 months and deeply in debt. While sitting at home unable to find a job and broke, hoping my benefits wouldn't run out before I found something, I became very jaded toward the world of jobs and work, where your livelihood is totally dependent on factors out of your control. I eventually found a job that paid half of my prior salary, but things would never be the same.

Of course I read Rich Dad Poor Dad, but that book did not have the biggest impact on me. It was the book, The Millionaire Next Door that changed everything for me. It never occurred to me that most of the people we think are rich are actually not rich. 

We live in bizarro world where the wealthy drive economy cars and the lower and middle class drive luxury cars. Where the wealthy shop at Walmart and the lower/middle class wear the newest expensive fashions. I know that isn't the case for all wealthy people, but in all honesty, I never knew there was another way to live.

I got into real estate because I want to be The Millionaire Next Door. Financially secure, not dependent on an employer paying me. Able to live off of my wealth indefinitely without having to work again.

  • Anthony Gayden
  • Podcast Guest on Show #21
  • Loading replies...