I started my journey in December of 2019. I had a friend introduce me to BP podcast and Chad Carson's website that fall. Took time over Christmas to dive into all aspects of the website and found the "live in then rent" model discussed and thought I could do it. By June of 2020, I had completed that step and couldn't believe it.

In 2021, I BRRRR'ed my first property and also bought my first off market deal. This whole time I had been reading books, listening to podcasts, webinars and taking notes. I have multiple folders on my desktop as I've learned more about the nuances of real estate. I spent the next 16 months trying to find more deals to cash flow via buy and hold or BRRRR and couldn't do that as interest rates started to rise. I then decided to look for a flip based off what I was seeing in my local market. Finally in August of 2023, I closed on my first deal, saw the flip through with an investor friendly agent who had flip experience and the flip is currently listed on MLS.

As I continue my W-2, I'm continually reminded of my goal to be financially free by age 45 (just over 7 years from now) and I'm more motivated to reach that goal so I can go into RE investing full time. I'm still reading, listening, learning, and taking notes. I'm also trying to expand my network and relationships.

I"m trying to get dialed in on weekends and was looking at the BP website and it was encouraging me to take steps to bolster by personal profile so I'm doing that now. I want to create capital (I have some in my flip, future sale of my flip, possible HELOC on my primary, and investment acct) and I want to put it into cash flowing assets. My goal is to look at duplexes up to quadplexes and partner with other investors (have 4 currently willing) to purchase for good cash flow and future equity and then scale over time. I'm also interested in self storage and I'm reading Paul Moore's book "Storing up profits" so I can continue learning. I want to find some traction that works for me and just follow the process over and over again until I reach that financial freedom goal, by age 45. I want to do it with others too, whether with private investors, silent partners, or equity partners.

Scott Sampson

Greenville, South Carolina

2 Votes