All Forum Posts by: Becca F.
Becca F. has started 28 posts and replied 929 times.
Post: Financial Freedom and Advice for a young man in his early 20s.

- Rental Property Investor
- San Francisco Bay Area
- Posts 937
- Votes 1,351
Garrett, if you're still on here, you mentioned it was your first day on your corporate job. I think you need to give it a year. If it turns out you don't like your employer, switch companies. Do you mind sharing what career you're in? Or what your degree is in?
If it is the actual job you don't like, there are lots of people who change careers to something they have some passion for. People go back to college or get other training all the time. The job I had at 22 out of college isn't that I'm doing now - complete career change. Maybe if the corporate world isn't for you, maybe something in a non-profit organization or where you're helping people directly (e.g education, RN or other medical jobs)?
If you have some other talent or skill you could use to make side income and possibly turn into something entrepreneurial.
You're only 22 and have a long road ahead - you can choose to look at it as drudgery or change your mindset and create a positive life for yourself. Good luck.
Post: Financial Freedom and Advice for a young man in his early 20s.

- Rental Property Investor
- San Francisco Bay Area
- Posts 937
- Votes 1,351
Quote from @Matthew Irish-Jones:
@Garrett Ian Dean you want financial freedom, to quit your job, your time back, and random people on the internet to understand you?
People trade time for money all the time. The super smart ones plan very well and have all the time they want and all the money they need by 50. Some geniuses have it figured out my 40. A prodigy by 30.
You should expect 20-30 years of hard work to get anywhere close to financial freedom.
If that is not for you no problem, quit your job, rent a room from a friend, trade stuff on FB marketplace and work part time at a restaurant or something, just don't expect financial freedom.
Wanting your time back and financial freedom is a child's dream. Achieving financial freedom is going to cost you MANY years of your life.
This is so accurate! These are the people who fall victim to social media gurus "I quit my W2 job and have passive income from real estate investing. Join my coaching program and I'll show you how to have financial freedom too"
Unless OP's got a huge trust fund coming in the future from inheritance or wins the lottery, there's no easy street.
Why are there so many young people in the 20s tired of working when they've barely begun their careers? This mentality would be more understandable from someone in their late 30s to 50s tired of the corporate grind.
Post: Deactivating BP account and reactivating it later?

- Rental Property Investor
- San Francisco Bay Area
- Posts 937
- Votes 1,351
Quote from @Aaron Breckenridge:
Quote from @Ken M.:
Quote from @Becca F.:
That's what I thought. I emailed Help Support to ask them or if they can delete my posts (which contain a lot of personal info, good thing I didn't post my last name on here) and they said no. BP won't let us self delete posts unlike other social media (Facebook, Instagram).
I'm very likely to delete my account soon
Spam is more likely to get your account deleted than controversy. just sayin
I haven't noticed anyone soliciting getting their accounts removed. When I first joined BP, I was spammed early on by a number of people, one of who was a CPA DM'ing me to set up a call. I politely declined. Then he proceeds to send me more messages - dude, does "no" not mean "no" to you?. I recently reported two people trying to sell me services out of the blue and their accounts are still there.
To say nothing of the real estate agents who have DM'ed me (without me initiating the contact) over the years. Is "I noticed you're in California and I'd like to get on call to discuss my market. I have investors who are doing well in my market. Would you like to schedule a call" - so is that not spam?
And comments on new California investors posts with at least 20 agents or turnkey companies comments trying to pitch their markets. The most obvious are the 5 agents all from the same city that post one after the other. It's copy and paste the same comments to at least 50 California aspiring investors. (Hint: C-o-l-u-m-b-u-s, O-h-i-o, trying to not trigger anyone's keyword search). Does BP not consider that spam?
Post: Deactivating BP account and reactivating it later?

- Rental Property Investor
- San Francisco Bay Area
- Posts 937
- Votes 1,351
Quote from @Ken M.:
Quote from @Becca F.:
That's what I thought. I emailed Help Support to ask them or if they can delete my posts (which contain a lot of personal info, good thing I didn't post my last name on here) and they said no. BP won't let us self delete posts unlike other social media (Facebook, Instagram).
I'm very likely to delete my account soon
I replied back to Help Support because they said they don't delete posts. This isn't true. I've seen Moderators delete people's posts or comments.
On the flip side, I've seen controversial comments that are related to politics not get removed
Here are my controversial comments "Pizza Hut is better than Domino's" and "Coca Cola is better than Pepsi" hahaha
Post: All of a Sudden I’m Receiving Solicitations on BP

- Rental Property Investor
- San Francisco Bay Area
- Posts 937
- Votes 1,351
Quote from @Ned Carey:
Please report these.
Just click the link on the upper right of the message
What exactly happens with the account who is doing the spamming? I reported it and I still this person's messages in my Inbox. Are they put on restriction or banned? Does it depend on the severity or frequency of their infractions (solicitations)?
Post: Deactivating BP account and reactivating it later?

- Rental Property Investor
- San Francisco Bay Area
- Posts 937
- Votes 1,351
That's what I thought. I emailed Help Support to ask them or if they can delete my posts (which contain a lot of personal info, good thing I didn't post my last name on here) and they said no. BP won't let us self delete posts unlike other social media (Facebook, Instagram).
I'm very likely to delete my account soon
Post: Deactivating BP account and reactivating it later?

- Rental Property Investor
- San Francisco Bay Area
- Posts 937
- Votes 1,351
Is there a way I could deactivate my BP account (like on Facebook where you could deactivate it and reactivate it later)? Or is the only option to delete my account then if I want to join again, I'd have to re-start a new account. Thanks for your help.
Post: If you had $10M, how would you invest it?

- Rental Property Investor
- San Francisco Bay Area
- Posts 937
- Votes 1,351
Quote from @Jules Aton:
50% lump sum into VTSAX & 50% HYSA
Quit my jobs, my sell properties, give to charity and live my best life on $500,000+ a year.
I like this answer and might change my response. Out of courtesy, I'd give employer 2 week notice. If I got a $10 million check out of the blue, I'm not even going to stress out doing real estate deals and trying to scale. The past 2.5 to 3 years have been terrible looking for Class C "cash flow on paper" properties - I won't ever get that time back even if I recoup some of the money. I like the donating to charity too.
If you asked your average person on the street in the USA who can't even cover a $1000 emergency expense what they would do with $10m, they'd thrilled (as long as they invest it properly and don't buy stupid expensive things), the people on BP are a privileged group.
I live well below my means and lead a pretty simple life but just happen to live in a VHCOL area. I could live a pretty relaxed comfortable life on index funds and HYSA.
Post: If you had $10M, how would you invest it?

- Rental Property Investor
- San Francisco Bay Area
- Posts 937
- Votes 1,351
Quote from @Austin Fowler:
Quote from @Becca F.:
Possibly NNN leases out of state, no more dealing with residential tenants and repairs. Maybe multi-units in Nevada.
The allocation probably $2.5 to 3 million in real estate. The other $6 to 7 million in public markets (index funds, some individual stocks, Master Limited Partnerships and Business Development Companies, some REITs, gold) - the same as my answer to $1million question.
Possibly start up a small business and take out an SBA loan so maybe $500k (haven't researched this so I'm just throwing out a random number).
Thanks Becca, have you invested in NNN property before? If not, do you know people that have built NNN portfolios?
I haven't invested in NNN leases. I know a California investor who's investing in NNN properties in the Midwest and South, specifically commercial spaces for fast food, coffee shops and medical offices. So far he and his wife are doing well.
I forgot to add some portion of the $6 to $7 million liquid in a CD or HYSA as a safety net for market downturns and for the public market piece, some of it in bonds.
Post: If you had $10M, how would you invest it?

- Rental Property Investor
- San Francisco Bay Area
- Posts 937
- Votes 1,351
Possibly NNN leases out of state, no more dealing with residential tenants and repairs. Maybe multi-units in Nevada.
The allocation probably $2.5 to 3 million in real estate. The other $6 to 7 million in public markets (index funds, some individual stocks, Master Limited Partnerships and Business Development Companies, some REITs, gold) - the same as my answer to $1million question.
Possibly start up a small business and take out an SBA loan so maybe $500k (haven't researched this so I'm just throwing out a random number).