All Forum Posts by: Jacob Graul

@Cody L. I’m so close to my goal that my properties will snowball more paid off cash flow in no time

Ok, this is going to sound very different but.....

I am not quite exactly where I want to be with my goals yet at 26 years old (10k a month cashflow on PAID OFF properties) [NO DEBT] but I am however VERY VERY close. I told myself that once I reached my goal I would quit my full time job (still remain in the military reserve for insurance and 2nd retirement) and focus strictly on the growth of my business. But I don’t really even know how to quit, I don’t know what % of my income would be appropriate to live on (very frugal) but I do know I do not want to live my life and raise my kids working a 9-5 that’s why I have spent most of my adulthood in the Middle East making $ to acquire more cash flow. What age did you quit? Was you in shell shock at first or started hustling harder? Did you gratify yourself immediately or manage your cash flow responsibly? Did your business actually grow? Any more insight or advise would be great! PS I’m not opposed to leveraging properties I just set this 10k month goal on paid off properties and I attend on achieving very soon.

@Jesse Lugo Jr how did you compile that into a spreadsheet like such? Does BP have that ability?

@Lisa Irimata

I would recommend pursuing a home with the method you feel comfortable with.... Focus on the #s not emotions! Best of luck!

@Nathan G. My number is 12k I just have a case of pessimism. I guess it’s good to know your on the right track

I have been in this business for about 2 years and I'm just wondering when you guys started to seek the fruits of your labor. I only have 4 SFH and bring in about 2200 a month. All properties paid for free and clear. But I'm just wondering how long it took you all to reach FI

I’m 24 with 4 properties going. They generate 2200/month. I’m 49k in investment debt. I have built my business model around the concept of paying off properties and snowballing them into more. End goal running a debt free business. Just to hear some different professional opinions here, what would be your next step if you want to grow but also reduce debt?

No, I’m not real sure how to go about that

How would I go about drawing up a partnership on some flips so neither one of us gets stuck with all the taxes?

I have recently gotten a contract on 21 acres in Alabama. I have have it owner financed to a couple with a great return. I am now trying to sell the contract, what's a good way I could go about doing this?