![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/234816/small_1636448956-avatar-jkern.jpg?twic=v1/output=image&v=2)
Hey B-Peeps! Wanted to do a quick update after leaving my W-2 job 18 months ago today, with some reflections on what those 18 months have looked like and where I'm headed from here.Quick background: I got started in R...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/103835/small_1621417201-avatar-jmium.jpg?twic=v1/output=image&v=2)
It seems like the worse the neighborhood, the more the rental profit.
For example, in a bad neighborhood, I can buy a $45,000 house that rents for ~$850/month.
In a good neighborhood, I can buy a $100,000 house that ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/516689/small_1621480701-avatar-shilohl2.jpg?twic=v1/output=image&v=2)
I have had a interesting discovery recently. At the end of last year, I was finishing updating my financials and I realized that my networth had reached over 1 million dollars. That had been one of my financial goals ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/814920/small_1621498423-avatar-rk517.jpg?twic=v1/output=image&v=2)
How many people are financially free on here? For those of you who are, do you still work or are you "retired" and living off the cash flow? If you are financially free, which method did you use to acquire it? (ie buy...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/980813/small_1625782063-avatar-jcw6.jpg?twic=v1/output=image&v=2)
Looks like most of the reviews or case studies on Roofstock are about the closing process. I suppose since the vast majority of investors who’ve purchased properties from Roofstock use the properties as buy-and-hold r...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/806494/small_1621498028-avatar-jamesg195.jpg?twic=v1/output=image&v=2)
Hi BP. I’ve heard a lot of real estate investors, including Grant Cardone, say that buying a home is one of the worst financial decisions you can make. What is everyone’s thoughts in this matter?
I know that house ha...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/212657/small_1621433614-avatar-biggerjoe.jpg?twic=v1/output=image&v=2)
I have a problem with paying people by percentage rather than pay per hour.For example, nearly every single property manager charges a percentage of the rent 6% to 10% of the monthly rent for property management fees....
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/866027/small_1621504678-avatar-samantham32.jpg?twic=v1/output=image&v=2)
Hey BP. I wanted to share a tough lesson learned, partly to help others learn from my experience and partly to seek any words of wisdom/encouragement. :( Thanks in advance!I am just 2 weeks from closing on my first p...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/328803/small_1621444624-avatar-amybronwen.jpg?twic=v1/output=image&v=2)
I was wondering if anyone has tried or heard of Brian's Page's Airbnb formula for signing leases on rental units and then using the apartments as a full-time Airbnb model. I've been an Airbnb host for some time, and I...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/301455/small_1621442839-avatar-beeverbumper.jpg?twic=v1/output=image&v=2)
Is factoring in property management into your investment spreadsheet overrated?Cons of property management: I always care about my property more than property manager, lower ROI, and the probability you lose touch wit...