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Updated over 5 years ago on . Most recent reply

User Stats

28,236
Posts
41,348
Votes
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,348
Votes |
28,236
Posts

How has BP made you money?

Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorPosted

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
business profile image
The DIY Landlord Book
4.7 stars
168 Reviews

Most Popular Reply

User Stats

28,236
Posts
41,348
Votes
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,348
Votes |
28,236
Posts
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

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
business profile image
The DIY Landlord Book
4.7 stars
168 Reviews

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