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All Forum Posts by: Joelle Parker

Joelle Parker has started 3 posts and replied 17 times.

Post: A Real Estate Syndication - What’s That?

Joelle ParkerPosted
  • Rental Property Investor
  • Windsor, VA
  • Posts 17
  • Votes 17

@Justin Goodin Thank you very much!

Post: A Real Estate Syndication - What’s That?

Joelle ParkerPosted
  • Rental Property Investor
  • Windsor, VA
  • Posts 17
  • Votes 17

I’ve only recently heard about syndication on the podcasts. I had no idea what it was and I’ve been curious ever since. Thank you for this description!

Post: What did you think of today's BP podcast episode (Episode 500)?

Joelle ParkerPosted
  • Rental Property Investor
  • Windsor, VA
  • Posts 17
  • Votes 17

My opinion is that he’s kind of a jerk who seemed to dodge some of the questions asked, going off on his own tangent; but overall I think he made some valid (though, somewhat hidden) points and he has encouraged me to research some things I still don’t quite understand.

What spoke to me the most (so far, as I have 20 minutes left of listening) was his comment about those who follow Dave Ramsey and Suzie Orman. A huge light bulb went off for me! I do not at all agree with name calling (he could certainly have a little more respect and tenderness), but his point nonetheless was spot on. In my opinion, I don’t think he’s literally saying, “You’re an idiot for following their advice.” I think he’s saying, “You’re an idiot for not thinking for yourself. There’s nothing smart about following the crowd.”

As a society (in general) we are told from the start that our thoughts/feelings/opinions don’t matter and someone else always knows better, so you should just do what you’re told. We’re “supposed” to give birth in hospitals, tell our children how to live in an adult focused world and then send them to government-run schools, and work at jobs that barely get us by while we put into a retirement fund that also barely gets us by. That’s what everybody does, so it must be the right thing to do… No! We should be asking “why” more. Why do women give birth in hospitals? Why do our actions tell our children that their thoughts and feelings don’t matter? Are they really “defiant” or simply a child asking for help in the only way they know how? Why was school created to begin with? Why… why… why?

If you choose not to do the research yourself, then it might be better to just follow the crowd. It’s safer. For example: After a ton of research, I have determined that for a low risk pregnancy a hospital is the worst decision I could make for myself and my baby. However, I can’t just say to every woman, “Have your baby at home!” For anyone who hasn’t taken the time to research it, then the hospital is the safest option.
If you realize that there is almost always another way, then you don’t mindlessly do what everyone else is doing. Typically, you’re going against the grain.

If you aren’t going against the grain, then you might want to ask yourself why? If you don’t have strong convictions, then you might want to reconsider. However, if you are confident in your decision, then it doesn’t matter what other people think. It doesn’t matter what some harsh, rich guy says about your 401K investment. This guy obviously doesn’t care about what other people think. He is confident in his choices. Look where that got him!

He isn’t responsible for anyone’s feelings but his own. These days, it seems like everywhere you turn someone is getting offended about something. In my opinion, these are people who are not taking responsibility for their own feelings (and they probably can’t because punitive discipline/society teaches us to respond this way). They are blaming someone else when how they choose to act on those feelings is entirely up to themselves. But again, if it’s easier to blame someone else, why not just do what everyone else is doing…

With all of that said, I don’t think anyone who chooses to follow the crowd is an idiot. Unlike Kiyosaki, I think these people are simply uninformed. They can’t learn to think for themselves, because they weren’t taught to. In a terrible way, Kiyosaki is trying to inform the uninformed and show them something better. Oddly, many of these people might miss the lesson because he’s kind of a jerk about it. Don’t let his bitterness distract you from one of the most important life lessons you could ever learn. 

Post: Real Estate Attorney in Virginia Beach

Joelle ParkerPosted
  • Rental Property Investor
  • Windsor, VA
  • Posts 17
  • Votes 17

Thank you for this post. We are beginning our real estate journey and seeking this information as well. Blessings to you as your business is created!

Post: Must Read Before Renovations!

Joelle ParkerPosted
  • Rental Property Investor
  • Windsor, VA
  • Posts 17
  • Votes 17

This is so good to know as we plan to start flipping next year. Thank you for sharing your knowledge.

Post: New Investors in Isle of Wight County, Virginia

Joelle ParkerPosted
  • Rental Property Investor
  • Windsor, VA
  • Posts 17
  • Votes 17

@Andrew Syrios @Anthoney Hanks @Jason Sampson Thank you all for the welcome!

@Julio Gonzalez It’s exciting to see a response from someone in West Palm Beach! I was born and raised there. Thank you for the welcome!

Post: New Investors in Isle of Wight County, Virginia

Joelle ParkerPosted
  • Rental Property Investor
  • Windsor, VA
  • Posts 17
  • Votes 17

Hi BP community! My husband (Jake) and I are brand new to real estate investing. The interest began a few years ago, but we didn’t find Bigger Pockets until last year. I listened to the occasional podcast while we dealt with other things that needed our attention. We are to a point now where we are able to dedicate more time to learning all things real estate. Last month I started reading Josh and Brandon’s How to Invest in Real Estate. That has been very helpful! There are a few more books I’d like to read over the next few months and I’ve been looking through the forums to learn also. We are taking this time to build up our savings as well as our knowledge. We plan to start searching for our first deal in early 2022. But we are also open to beginning sooner if things fall into place earlier. 

We have three young children that are the motivation behind our desire to begin this journey in real estate. Jake has a great job, but the amount of time away from home is not what we want. Eventually, it would be nice if we didn’t have to rely on his demanding job as our main source of income.

We're currently thinking about starting our journey with wholesaling and flipping until that generates enough income for Jake to reduce his hours. We would ultimately like to land on buying single family homes to rent out. While this is our current plan, we are still learning about other investment strategies and we have our minds fully open. We realize this plan could change as we learn about these strategies. We are particularly interested in learning more about raw land and the BRRRR strategy.

We would love to hear what you have to share about your experience. And we look forward to connecting with others in our community. We live in Isle of Wight County and would like to stay close to home in our real estate journey, but we do kind of live in the middle of nowhere and expect to possibly work more in the Hampton Roads area.

Thank you for taking the time to read my post. I look forward to talking with you.

Joelle