All Forum Posts by: Brian Bisdorf

Yup, I've done modeling cost seg on all of my duplexes, 4 plex, and most recently my 1st SFR. If the property is valued less than $500k (all of mine) you can qualify for this "modeling cost seg" study that costs a fraction of a full cost seg study with the same benefits. I've used them on every BRRRR I've done and the benefits are huge for me.... I've been using Brian Kiczula from US Tax Advisor Group for the last 2 years/6 deals.

Thanks 

@Brian Bisdorf

Wifey and I met when we were 16. Had our daughter by 17. We were both still in high school. We graduated and got basic jobs. I was a janitor and she was a receptionist. She went to college as an adult and got a coding degree. I eventually became a shop foreman at a car dealership. Read rich dad poor day and started investing at 32. We are now 46. Real estate has changed our lives! We are healthier than ever before, More disciplined, have created deep meaningful relationships, and it has brought my wife and I closer together! We are an unstoppable team now! I was able to quit my job 5 years ago and my wife just gave her resignation this week. We have 135 doors with no partners. We gross just under $123k per month. At this point it’s not about the money. It’s about the person you have to become to mange a portfolio this size. Good luck in your journey.

My grandfather owned two duplexes. When I was twelve, I knew I wanted to own property like him. I didn’t know what he did with them or if he made money.

It wasn't until he passed away that I learned the power of REI. My father followed his dad and I saw the same result in his passing.

I want to carry on their legacy and help others do the same for their families.

@Brian Bisdorf After 10 years in the US Army then 23+ years in "Corporate America" and 4 degrees later I was tired of the rat race. I was at a corporate function on a Saturday night (when I wanted to be home with my family) watching other colleagues get drunk and kiss the CEO's backside. So I stepped out to take a break from the shenanigans. Another colleague was outside avoiding the same circus. So I took the time to vent about how I was emotionally exhausted with the whole game. He asked "You ever heard of real estate investing?" This question changed my life. Of course, I answered no. He said "Read Rich Dad, Poor Dad." He further added that he use to buy it and give it to people to read. But they wouldn't take the time to read it. He said he doesn't do that anymore. Because you need to invest in your own financial freedom. I didn't understand his comment at the time. I immediately replied I can afford to purchase a book. But one more great advice he gave me was he told me to read it with my wife. I agreed we do it. So I went and bought one book. Asked my wife to read it with me. So we had two book marks because she is a much quicker reader than me. But what was great about this is she would get excited reading the book. Even take the time to highlight key points in the book. She said lets talk about the points I've highlighted when you get to it. Those discussions were amazing. Looking back that book changed my life and has strengthened our marriage. Within three months we set up our REI company and 2 months later had our first BRRRR under contract. I am by no means a great REI. But what I have learned that regardless of what "gurus" book you read if it strikes a cord with you then you must act on it. There is more than one way to make money in REI. That is why we call it exit strategies for a reason. More than one way to get out of the rat race. It changed my life for the better. Now I have financial freedom, building legacy wealth for future generations of my family, and spend more time with my family too.