Nu Bee in East Central Indiana

[Lawson Ott]

Hi! I am Lawson. I am new here, obviously.

I've been watching, reading, listening and learning from millionaires and billionaires over the past two years and it has changed the way I think about money and investing. 

I started out dirt poor and have been tired of it for decades. Last year I gave up on winning the lottery and/or waiting for my luck to change. It was time to pull myself up by the boot straps and get something going.

I went looking on youtube for the TV real estate guru on late nights (couldn't remember the name Carlton Sheets at the time) but wound up finding Ron Legrand. For 3 hours I was enraptured in the prospect of wholesaling with as little as $10 down.

Turns out, he was right! I acquired my first property with $25.00 and a land contract + $60 recording fees. Paying $175/mo for 5 years with no interest. That's $10k on a house with an ARV of $45k. I could flip it, putting in as little as $5k for a few minor issues, or max $10k to really knock it out of the park. But, for now, it's my primary residence as $175/mo is better than the $550/mo I was paying in an apartment.

I've browsed BP over the past year or so, just now decided to actually join. You all seem to be a nice group of folks. So, I figured I'd be part of the community.

I'm improving my personal credit now (coming from dirt poor it never seemed to be relevant) since now it is an important factor. +35 points YAY! I just got so sick of seeing all the deals I had to pass on for a lack of a few grand at hand. (Missed out on a ca$h cow: 6 rental units, renting at $300/mo each and the seller only wanted $20k, would have paid for itself in a year, then $1800 cash flow for life. hoping to find another one, once I have my stuff together.)

Anyhow, glad to meet you all!