Success stories from 2012 AND what do you plan on doing in 2013

[Kyle J.]

I went to a REI club meeting earlier this week, and the vast majority of the meeting was spent listening to other members' success stories from throughout the year. We were able to hear what other investors have done and/or are doing, as well as some of the actual numbers from their deals. It was very motivating and informative.

Additionally, with the changes in the market that we've seen over this past year (i.e. hedge funds buying more aggressively, increasing home prices, lower inventory, etc), there was also some discussion on if/how investors plan on altering their investment strategy in the coming year.

I think we could all benefit and get inspired from hearing what other BP'ers are doing. So...who would like to share?

[Matt Sheridan]

Love hearing these stories!

2012 was when I joined BP and also the year I started buying investment properties.

Bought my first mixed commercial/residential property in April that consisted of 7 units, and I am closing on my second January 2nd 2013 (another 7 units). I hadnt planned on buying a second building, but bought it on the cheap, so I made it work.

I am currently in the process of raising the capital for my 3rd property which I hope to buy later in 2013.

I attribute 90% of 2012 to the wonderful people and their wealth of knowledge right here on BP. I read plenty of books over the last 5 years and always found an excuse to postpone my goals until I found this site and started reading your stories...This site is better than any book out there, and I thank you all for being so transparent, and more importantly, willing to share your knowledge with the world.