{"id":126232,"date":"2020-06-01T10:18:36","date_gmt":"2020-06-01T16:18:36","guid":{"rendered":"https:\/\/www.biggerpockets.com\/blog\/?p=126232"},"modified":"2021-03-16T15:00:54","modified_gmt":"2021-03-16T21:00:54","slug":"11-investors-you-should-know","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/11-investors-you-should-know","title":{"rendered":"11 Investors You Should Know"},"content":{"rendered":"<p>It\u2019s no secret that BiggerPockets is home to a host of amazing investors. The second issue of <a href=\"https:\/\/www.biggerpockets.com\/magazine\" target=\"_blank\" rel=\"noopener noreferrer\"><em>BiggerPockets Wealth <\/em>magazine<\/a> details 11 investors you should know\u2014all of which are motivated, inspired, and ready to make the investment of a lifetime (if they haven\u2019t already)!<\/p>\n<p>See below for a sneak peek of these 11 investors\u2019 stories, and make sure to follow them on BiggerPockets or social media to keep tabs on their surefire success. If you want their in-depth interviews delivered right to your door, <a href=\"https:\/\/www.biggerpockets.com\/magazine\" target=\"_blank\" rel=\"noopener noreferrer\">subscribe to <em>BiggerPockets Wealth<\/em> <\/a>before June 18 to receive the June\/July issue. (P.S. It\u2019s only $5 per magazine!)<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-126243\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.49.31-AM.png\" alt=\"\" width=\"300\" height=\"308\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.49.31-AM.png 656w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.49.31-AM-292x300.png 292w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<h3><a href=\"https:\/\/www.biggerpockets.com\/users\/sunitha\" target=\"_blank\" rel=\"noopener noreferrer\">Sunitha Rao<\/a><\/h3>\n<p><strong>Indianapolis, IN<\/strong><\/p>\n<ul>\n<li><strong>Website: <\/strong>Griffixpropertygroup.com<\/li>\n<li><strong>Instagram: <\/strong>@griffixpropertygroup<\/li>\n<\/ul>\n<p>After spending two years researching property niches, financing options and strategies, and the best cities to invest in, she bought her first single-family home with a detached carriage house in Indianapolis in 2018. Now, in 2020, Sunitha has seven doors to her name: six long-term rentals and one short-term rental that she acquired and held through a mix of conventional loans, notes, house hacking, and debt partnerships.<\/p>\n<p><em>\u201cMy goal is to be able to have options. I don\u2019t know what my life will look like in five years. If that means finding a job I love, great. If it means staying where I am, that\u2019s awesome, too. I would eventually like to have more time to spend with the people I care about and devote to social causes I\u2019m passionate about. That\u2019s my end goal.\u201d<\/em><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-126242\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.49.47-AM.png\" alt=\"\" width=\"300\" height=\"318\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.49.47-AM.png 610w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.49.47-AM-283x300.png 283w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<h3><a href=\"https:\/\/www.biggerpockets.com\/users\/KyleC303\" target=\"_blank\" rel=\"noopener noreferrer\">Kyle<\/a> and <a href=\"https:\/\/www.biggerpockets.com\/users\/LaurenCris\" target=\"_blank\" rel=\"noopener noreferrer\">Lauren Clugston<\/a><\/h3>\n<p><strong>Hamilton Township, NJ<\/strong><\/p>\n<ul>\n<li><strong>Website: <\/strong>Rentalstowealth.com<\/li>\n<li><strong>Instagram: <\/strong>@rentalstowealth<\/li>\n<\/ul>\n<p>The Clugstons say their first house hack was a great way to learn the ropes of real estate investing. In the nearly three years since, Lauren and Kyle have acquired two single-family homes, a duplex, and a triplex\u2014which they also plan to house hack\u2014using a variety of financing methods like conventional 30-year fixed loans and private money.<\/p>\n<p><em>\u201cWe\u2019re like everyone else\u2014we want financial freedom, we want to be able to live our life on our terms, and we don\u2019t want money to have to be a limitation. They say finances cause a lot of stress in people\u2019s lives and relationships, and if that\u2019s something we can make sure is rock-solid moving forward, it\u2019s a no-brainer to take care of it.\u201d<\/em><\/p>\n<p><strong><em>Related: <\/em><\/strong><em><a href=\"https:\/\/www.biggerpockets.com\/blog\/ashleys-story\" target=\"_blank\" rel=\"noopener noreferrer\">Ashley\u2019s Story: How to Retire by 30 While Traveling the World<\/a><\/em><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-126241\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.49.58-AM.png\" alt=\"\" width=\"300\" height=\"332\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.49.58-AM.png 632w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.49.58-AM-271x300.png 271w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<h3>Chris Lawrence<\/h3>\n<p><strong>Fairport, NY<\/strong><\/p>\n<ul>\n<li><strong>Website: <\/strong>HelpinghomesREI.com<\/li>\n<li><strong>Instagram: <\/strong>@Chrisflipsroc<\/li>\n<\/ul>\n<p>Since 2018, Chris has completed 12 real estate deals, including four wholesales, four flips, and four rentals, which\u2014along with his savings\u2014allowed him to leave his full-time sales job at the beginning of the year. Using private money as his financing vehicle, Lawrence targets first-time homebuyers looking for desirable school districts to purchase his flips\u2014he hopes to complete 12 this year alone\u2014and eventually, he\u2019d like to scale up to a multifamily property.<\/p>\n<p><em>\u201cThe end goal for myself is to have enough passive cash flow coming in to offset my monthly expenses. I really enjoy working, but I want to be able to have that ability to work as much or as little as I want.\u201d<\/em><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-126240\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.50.11-AM.png\" alt=\"\" width=\"300\" height=\"311\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.50.11-AM.png 656w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.50.11-AM-289x300.png 289w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<h3><a href=\"https:\/\/www.biggerpockets.com\/users\/SenseFinancial\" target=\"_blank\" rel=\"noopener noreferrer\">Dmitriy Fomichenko<\/a><\/h3>\n<p><strong>Anaheim Hills, CA<\/strong><\/p>\n<ul>\n<li><strong>Website: <\/strong>Sensefinancial.com<\/li>\n<\/ul>\n<p>When Dmitriy started his own business in 2010\u2014Sense Financial, a checkbook IRA and solo 401(k) facilitator that helps its clients use retirement funds for alternative investments\u2014he decided he was ready for a change in his own investment strategy, as well: Fomichenko liquidated his assets, using the money to become a passive investor in notes, syndications, and real estate funds.<\/p>\n<p><em>\u201cI made some mistakes, but I continued to persevere, and I continued to learn and invest. That was one of the most important decisions I made, and because of all that work and experience, I was able to achieve financial independence at age 45.\u201d<\/em><\/p>\n<p><strong><em>Related: <\/em><\/strong><em><a href=\"https:\/\/www.biggerpockets.com\/blog\/journey-to-financial-independence\" target=\"_blank\" rel=\"noopener noreferrer\">My Journey to Financial Independence: The Story of Property #1 (of 8!)<\/a><\/em><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-126239\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.50.24-AM.png\" alt=\"\" width=\"300\" height=\"342\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.50.24-AM.png 596w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.50.24-AM-263x300.png 263w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<h3><a href=\"https:\/\/www.biggerpockets.com\/users\/Jordanthibodeau\" target=\"_blank\" rel=\"noopener noreferrer\">Jordan Thibodeau<\/a><\/h3>\n<p><strong>San Jose, CA<\/strong><\/p>\n<ul>\n<li><strong>Website: <\/strong>Svinvestorsclub.com<\/li>\n<\/ul>\n<p>Jordan acquired his first duplex in Sacramento with a 25% down payment and conventional 30-year mortgage in 2013. He\u2019s since branched out into other investment strategies, including renting out rooms in his own home, partnering with a friend to construct a mother-in-law unit to rent out, and\u00a0co-founding a syndicate with fellow BiggerPockets contributors that are looking to invest in large-scale multifamily properties in Texas and North Carolina.<\/p>\n<p><em>\u201cI want to continue the family tradition of donating to charities, such as Well Constructed. So far our investment club has partnered with Well Constructed to build 80 water wells in Africa that have provided clean drinking water to nearly 100,000 people. The cash flow is great and all, but in the end, I\u2019m not interested in buying material things. Real estate investing provides me with security and the ability to help others.\u201d<\/em><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-126238\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.50.35-AM.png\" alt=\"\" width=\"300\" height=\"318\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.50.35-AM.png 632w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.50.35-AM-283x300.png 283w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<h3><a href=\"https:\/\/www.biggerpockets.com\/users\/LeeSD\" target=\"_blank\" rel=\"noopener noreferrer\">Lee Ripma<\/a><\/h3>\n<p><strong>Los Angeles, CA<\/strong><\/p>\n<ul>\n<li><strong>Website: <\/strong>Redhairholdings.com<\/li>\n<\/ul>\n<p>In addition to holding stabilized BRRRR and value-add multifamilies in Missouri, Lee also works as an agent and the acquisitions manager for a development group in Los Angeles, and recently bought her first vacation rental in Mammoth Lakes, California. Eventually, she hopes to explore the cash-on-cash returns available in the mobile home park space.<\/p>\n<p><em>\u201cAnytime you do something really hard, it challenges you to grow as a person. Hardship leads to resiliency and self-reliance.\u201d<\/em><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-126237\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.50.44-AM.png\" alt=\"\" width=\"300\" height=\"312\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.50.44-AM.png 652w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.50.44-AM-288x300.png 288w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<h3><a href=\"https:\/\/www.biggerpockets.com\/users\/MeganG14\" target=\"_blank\" rel=\"noopener noreferrer\">Megan Greathouse<\/a><\/h3>\n<p><strong>St. Louis, MO<\/strong><\/p>\n<ul>\n<li><strong>Instagram: <\/strong>@parttimeempire<\/li>\n<\/ul>\n<p>Using hard money and conventional 30-year fixed loans, Megan has wholesaled and flipped properties in the past, but her \u201cbread and butter\u201d are small multifamily, buy-and-hold buildings\u2014which she eventually hopes to grow to 50 to 100 units across three to five markets.<\/p>\n<p><em>\u201cThis is a mental game. You\u2019re going to make mistakes, you\u2019re going to doubt yourself, but you just need to do it anyway. It can be a rollercoaster, but if you can keep a positive mindset through that, you\u2019ll stay in this long enough for it to be life-changing.\u201d<\/em><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-126236\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.50.55-AM.png\" alt=\"\" width=\"300\" height=\"290\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.50.55-AM.png 672w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.50.55-AM-300x290.png 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<h3><a href=\"https:\/\/www.biggerpockets.com\/users\/russelltee\" target=\"_blank\" rel=\"noopener noreferrer\">Russell Brazil<\/a><\/h3>\n<p><strong>Rockville, MD<\/strong><\/p>\n<ul>\n<li><strong>Website: <\/strong>Russellbrazil.com<\/li>\n<li><strong>Instagram: <\/strong>@russelltbrazil<\/li>\n<\/ul>\n<p>After rapidly acquiring properties in the beginning, Brazil\u2014who\u2019s also a real estate agent\u2014is now on a steady pace of purchasing one to two a year, selling off old assets with equity as he goes, to the tune of 13 single-units currently in his portfolio: three condos and 10 single-family homes.<\/p>\n<p><em>\u201cThe challenges are where we learn the most about how to succeed. Learn how to think four-dimensionally instead of two-dimensionally. I define two-dimensionally as focusing on the here and now, and when we begin to think four-dimensionally about how the asset performs over time, that\u2019s really where the most important lesson is.\u201d<\/em><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-126235\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.51.04-AM.png\" alt=\"\" width=\"300\" height=\"284\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.51.04-AM.png 680w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.51.04-AM-300x284.png 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<h3><a href=\"https:\/\/www.biggerpockets.com\/users\/7differentways\" target=\"_blank\" rel=\"noopener noreferrer\">Steve Vaughan<\/a><\/h3>\n<p><strong>East Wenatchee, WA<\/strong><\/p>\n<ul>\n<li><strong>Website: <\/strong>Suddenseller.com<\/li>\n<\/ul>\n<p>Steve specializes in buy-and-hold single- and multifamily properties with seven to 10 units, often acquired with creative financing, such as seller financing, lease options, wholesales, and cash buy-and-holds. Working alone with just the help of his wife and two sons, Vaughan has managed to meet his goal of saving $90,000 per year, but more importantly, he\u2019s learned to be content with what he has\u2014a lesson he encourages other investors to embrace.<\/p>\n<p><em>\u201cNo amount of money or deals will satisfy without a \u2018why.\u2019 Ask yourself \u2018why\u2019 seven times to find it\u2014I want to earn $X per month passively. Why? So I can quit my job. Why? So I have the freedom to \u2026 Why? You get the idea.\u201d<\/em><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-126234\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.51.13-AM.png\" alt=\"\" width=\"300\" height=\"328\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.51.13-AM.png 658w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/06\/Screen-Shot-2020-06-01-at-9.51.13-AM-274x300.png 274w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<h3><a href=\"https:\/\/www.biggerpockets.com\/users\/TwickMoney\" target=\"_blank\" rel=\"noopener noreferrer\">Anthony Wick<\/a><\/h3>\n<p><strong>Ankeny, IA<\/strong><\/p>\n<p>Anthony Wick refers to himself as an \u201caccidental landlord.\u201d Throughout his 24-year career with the federal government, he was required to relocate a handful of times, and rather than selling the home he was living in, he would rent it out. Today\u2014with the help of two friends-turned-money partners\u2014Anthony and his girlfriend own and manage three duplexes and the single-family home they now reside in, with plans to scale up to four- and eightplexes in the Ankeny area.<\/p>\n<p><em>\u201cIt can be intimidating when you hear about people making $3 million deals, but you can start small. You can start in your 20s; you can start in your 50s. You can buy a duplex house hack when you retire at age 65. There\u2019s no reason to let age or size of the buy limit you.\u201d<\/em><\/p>\n<p><strong>For more inspiration, real-life experiences, and data-driven advice, subscribe to <\/strong><a href=\"https:\/\/www.biggerpockets.com\/magazine\" target=\"_blank\" rel=\"noopener noreferrer\"><strong><em>BiggerPockets Wealth <\/em>magazine<\/strong><\/a><strong> to get six issues per year, delivered right to your door.<\/strong><\/p>\n<p><em>Headshot illustrations by Austin Golownia<\/em><\/p>\n<p><a href=\"https:\/\/www.biggerpockets.com\/store\/wealth-magazine-one-year\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-123232\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/03\/Blog-700x120-v2.jpg\" alt=\"Blog ad for Wealth magazine\" width=\"700\" height=\"120\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/03\/Blog-700x120-v2.jpg 700w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2020\/03\/Blog-700x120-v2-300x51.jpg 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/p>\n<p><em>Questions? Comments?\u00a0<\/em><\/p>\n<p><strong>Join the discussion below!<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s no secret that BiggerPockets is home to a host of amazing investors. The second issue of BiggerPockets Wealth magazine details 11 investors you should know\u2014all of which are motivated, inspired, and ready to make the investment of a lifetime (if they haven\u2019t already)! Get a sneak peek of their stories here.<\/p>\n","protected":false},"author":283962,"featured_media":126244,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5524],"tags":[],"class_list":["post-126232","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-investing-for-beginners"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/126232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/283962"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=126232"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/126232\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/126244"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=126232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=126232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=126232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}