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Updated about 5 years ago on . Most recent reply
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- Real Estate Broker
- Cody, WY
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How has BP made you money?
One of my greatest joys in life is helping other investors grow. A member recently reached out and let me know that my advice is earning him an additional $100 a month. Another member is saving (earning) over $20,000 a year!
There are so many people on BiggerPockets willing to share their time and expertise to help others FOR FREE. I thought it would be fun to share those experiences and thank those that have helped so many.
So, who's first?
- Nathan Gesner
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I suppose I should share my own. I can't remember the person but someone shared about a hoarder house they bought. It was pretty disgusting, but they showed how it was all cosmetic. I was amazed at how easily they cleaned up the home and built instant equity. That seemed like a good opportunity that many investors would pass up.
Six months later, I was approached by someone that had a hoarder house! I bought it for $55,000 and spent another $15,000 on renovations before renting it out. It appraised for $155,000 three months later. Because another BP member shared their experience, I felt confident enough to follow their example and it earned me nearly $100,000 in equity!
- Nathan Gesner
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