Thank You Bigger Pockets: 7 new units and $5,300 in Rental Income

[Adam Anderson]

I began Investing in Real Estate in 2002 when I was in college even earned a degree in Real Estate but stopped in 2006 to focus on my career as a Financial Planner.  I said I was going to get back in for 5-6 years but for one reason or another I didn't.  I was a member of BP but didn't do much with it until this past August when something motivated me to tune into a webinar.  That night my Real Estate fire was relit!  I spent a few hours each week In the forums brushing off the dust and the podcasts inspired me to get back in!

Last month, I closed on my first multi family;  a 4 Plex and I just collected my first rent check .  Currently 3 of the 4 units are rented.  I found this deal from a fellow BP member and after running into dead ends with my local lenders, I was able to secure financing from another BP member I met in the forums.

Since closing on the 4 Plex, I'm under contract to purchase a duplex as a buy and hold as well as a SFR foreclosure I plan to BRRR using a hard money lender I met here on BP.

On tract to add 7 units and $5,300/m in potental gross rent since getting involved with Bigger Pockets in August....Thank You!

[Michael Boyer]

awesome story Adam!  I could even see day job tie in : advising those with small multifamily rental properties and working them into their asset allocation. Keep up the great work...