Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
Investor Mindset
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 1 year ago on .

User Stats

72
Posts
173
Votes
Joshua Michael Hauman
  • Investor
  • Cleveland, OH
173
Votes |
72
Posts

Your largest unspoken ally

Joshua Michael Hauman
  • Investor
  • Cleveland, OH
Posted

When it comes to multifamily investing, reputation stands as a principal factor that distinguishes the top investors from the rest. It serves as a resolute pillar upon which lucrative transactions and long-lasting partnerships are built. I often view reputation as an unspoken currency. If wielded correctly it can act as your closest ally. If left unkempt, it can act as a massive hurdle especially in finding opportunities and funding future ventures.

When you make decisions with reputation at the forefront and do what is right despite conceding a near-term cost, you build goodwill. By consistently upholding this standard, even in the case of challenges and tradeoffs, one endorses trust in the future. This fortified moral position not only bolsters credibility but also safeguards against incalculable future losses. Each transaction becomes a testament to your integrity, fostering an environment where partnerships develop, and opportunities are created.

You can't estimate how much you're leaving on the table; regret only exists in hindsight. By building and preserving an impeccable reputation, astute investors harness the power of foresight, ensuring that every endeavor is underpinned by trust, credibility, and the unwavering commitment to deliver.

In the competitive landscape of multifamily investing the wise investor understands that reputation is the lifeblood that flows through every successful transaction. It is the intangible force that commands respect, opens doors, and propels one towards future opportunities.

Nurturing and safeguarding one's reputation is an indispensable strategic advantage. It is a testament to character, a shield against future losses, and a prerequisite for sustained success in multifamily investing.

Reputation = Promises Made x Promises Kept