Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Off Topic
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 6 years ago,

User Stats

1,072
Posts
2,580
Votes
Erik W.
  • Real Estate Investor
  • Springfield, MO
2,580
Votes |
1,072
Posts

Generosity and relationships

Erik W.
  • Real Estate Investor
  • Springfield, MO
Posted

There was recently a post about giving money based on gross or net income that has been removed from the forum, and I think I may have inadvertently killed it by violating one of the forum rules....unintentional, I promise!  I thought it was a really great topic and for the most part folks were being very civilized and helpful.  Sad to see it removed, but rules are rules....

I'd like to see it continued/re-examined, but this time simply in light of generosity in general not tied to any other type of organization.

I believe that people who are generous have a way about them that tends to draw others toward them, which is helpful in business where net working and establishing relationships built on trust is important.  To back up that belief, my wife and I dedicate a minimum of 10% of our income to giving each month, and we also make additional one-off donations as well to charities that positively impact our local community.  As a side benefit, this has helped me engage with people I might not ever have met except that we got involved and "put our money where our mouths are" when it comes to saying we want to help do some good for other people.

It's one thing to say we wish to be generous and to help.  It's another thing to plan it out with pencil and paper (or spreadsheets and apps) each month.  We still do spontaneous giving as well, but just like planning a weekly exercise routine keeps our muscles strong and growing, I think having a plan for giving keeps our generosity attitude and practices strong and growing.

What has your experience been with giving and generosity?