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All Forum Posts by: Joe Acot

Joe Acot has started 1 posts and replied 4 times.

Post: What is your biggest challenge right now?

Joe AcotPosted
  • Chicagoland Area
  • Posts 4
  • Votes 13

biggest challenge is getting in the game already. Im a full time registered nurse, was inspired by rich dad poor dad, found bigger pockets, read BT's book and BRRRR book, and now looking to get out of healthcare for more feedom and time for myself family friends and other people.

The books taught me the things i need to do to get ready like get bigger pockets PRO, analyze deals, get pre approved, be active in BP forums etc etc but i just dont do it. too busy too tired or whatever.

I have my "WHY" but i guess im just terrified of getting out of my comfort zone and take on the challenge. Plus im an introvert kinda person so its hard for me to reach out to other people.

Any of you guys are introverts too and founf success in real estate? how did you overcome YOU and finallt did it? 

You guys have a great day!

Post: Time to grow up. Never too late!

Joe AcotPosted
  • Chicagoland Area
  • Posts 4
  • Votes 13

@Steve Vaughan thank you for the positive vibes my guy we all need a little of that sometimes. all the best! stay safe!

Post: Time to grow up. Never too late!

Joe AcotPosted
  • Chicagoland Area
  • Posts 4
  • Votes 13

@Kayla Givens thank you for taking the time to share your experience so far and I wish you all the best on your journey in real estate. congrats in advance. stay safe!

Post: Time to grow up. Never too late!

Joe AcotPosted
  • Chicagoland Area
  • Posts 4
  • Votes 13

Hi I'm new here at BP

I know this might sound old to you guys but ever since I listened to rich dad poor dad, which I had put off for a long time, realized that its time to grow up and set a goal for myself to be financially independent ASAP. I'm already 35 y/o and wish I had done this sooner but it is what it is.

Among the many niches, rental properties struck a chord with me because of the potential for passive income and generational wealth.

Then I came across house hacking which I thought was a great way to pay for the mortgage. So I decided on a goal to buy a multi family duplex tri or quad, live in one and rent out the others

Right now I'm trying to save as much money as I can and educating myself about real estate, listening to BP podcasts about multifamily, audiobooks, asking questions etc. etc. anything

I'm looking for more inspiration so I was wondering if you guys can share your experience starting out with rental properties. 

  1. What was your job before real estate? What made you decide to do rental properties?
  2. Did you buy a multi when you started? 
  3. Did you house hack? 
  4. how did you come up with the money for the purchase?
  5. Did you scale up to more units?
  6. where are you located?

Thanks a lot guys! stay safe out there!