Officially a real estate investor

Officially a real estate investor

Rental Property Investor · Villa Rica, GA · Member since 2014 · 220 posts · 360 votes

Thanks to everyone involved at BP. Especially @Joshua D. (I miss you on the podcast) and @Brandon Turner. I have been working to get involved in real estate for the last 8 years. I listened to every podcast at least 4 or 5 times over those years. I know most of you would think why did it take that long. 

It should not have taken that long but I've never known anybody that owned property, not even a car. I grew up in deep poverty in rural south Georgia and never knew about owning anything. I also didn't understand personal finance. I definitely didn't understand real estate finance. Had to go through a complete mind shift (still growing every day). 

I've grown a lot in many different areas and I know @Mindy Jensen and @Scott 

@Scott Trench changed my life with the money podcast. It really helped me get my personal finances together which allowed me to use my personal financial position to purchase this property. 

I closed on a triplex 2 days ago and I'm still on BP for hours listening to all the BP advice on what to do every step. I hope to continue to build portfolio so I can build wealth for my family and leave something to my kids. Also spread this mindset to others that have never came anywhere close to understanding the power of real estate.

Thanks BP! Yall are great people and really are changing lives for generations of people.

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Scott TrenchPro Member
Rental Property Investor · Denver, CO · Member since 2014 · 2k+ posts · 6k+ votes
7y

Congratulations @Byron Scott! That's great to hear that the money show was helpful and great that you are on your way to building a great real estate portfolio. I expect you have a mountain of work ahead of you, but also that the snowball is beginning to pick up and start accelerating for you!

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  • Rental Property Investor · Villa Rica, GA · Member since 2014 · 220 posts · 360 votes
    7y

    @Ben Davies Thanks for your kind words. I'm just grateful that BP provides a lot of stuff that helps people like me. I think the BP community gave me all the support I needed. Made me feel comfortable with the move. Once again thanks! I think I will be writing things down just because its something I've always wanted to do after hearing about the "Miracle Morning" on the podcast.

  • Union, NJ · Member since 2016 · 49 posts · 29 votes
    7y

    @Byron Scott CONGRATS!!!!!! Get settled and keep it going!!!! 

  • Rental Property Investor · Villa Rica, GA · Member since 2014 · 220 posts · 360 votes
    7y

    @Kerryanne Henry Thanks for the words of encouragement! I'm hoping to keep taking stops toward growing personally and in REI.

  • DJ DawsonBusiness Member
    Real Estate Agent · Sacramento, CA · Member since 2015 · 394 posts · 259 votes
    7y

    LOVE IT BRO!!!!!!! CONTINUE TO GRIND!!!!!

  • Rental Property Investor · Richmond, VA · Member since 2018 · 2 posts · 0 votes
    7y

    @Byron Scott Congrats man! I hope this is the first of many.

  • Rental Property Investor · Dellwood, MN · Member since 2019 · 8 posts · 0 votes
    7y

    @Byron Scott

    Happy for you, keep the faith and be good to people. Pay it forward!

  • Rental Property Investor · Grand Rapids, MI · Member since 2018 · 46 posts · 10 votes
    7y

    @Byron Scott

    Amazing story, love hearing about your persistence over those 8 years to absorb everything you could! I have no doubts that you will continue to grow your portfolio.

    Personally, I’ve started learning about real estate investing over the past year or so, and have yet to purchase my first investment property. I’m planning to buy a property by the end of 2019 if all goes according to plan.

  • Charlotte, NC · Member since 2018 · 4 posts · 4 votes
    7y

    Congrats! Keep elevating and persevering! 

  • Rental Property Investor · Villa Rica, GA · Member since 2014 · 220 posts · 360 votes
    7y

    @DJ Dawson @John D Lloyd @Larkin L Adey Thanks for the words of encouragement!

    @Adam Wallen Just keep learning and growing, it will happen. Thanks for the encouragement.

  • San Franciso, CA · Member since 2014 · 20 posts · 6 votes
    7y

    @Byron Scott

  • San Franciso, CA · Member since 2014 · 20 posts · 6 votes
    7y

    @Byron Scott Congratulations on your accomplishments on closing on your 🏠 property. Don't trip on how long it takes because life is a marathon and not a sprint. I am constantly researching and learning myself still.

  • Ian WalshBusiness Member
    Lender · Philadelphia, PA · Member since 2016 · 2k+ posts · 1k+ votes
    7y

    Great job

  • Rental Property Investor · Chicago, IL · Member since 2019 · 10 posts · 2 votes
    7y

    @Byron Scott this is very inspiring. I am a new investor and thank you for sharing this. It's very motivating.

  • Rental Property Investor · Rockford, IL · Member since 2014 · 4k+ posts · 2k+ votes
    7y
    Originally posted by @Ben Davies:

    @Byron Scott, @David Dachtera,  Writing it all down is a great idea.   

    I just closed on an 8 property deal in April (my first 'investment' deal), but I have bought and sold the houses that I live in for decades.   I can not even imagine how you went to not even being aware that "own" was a thing, to having the "stones" to actually closing on a property in ONLY 8 years.

    It seems to me that conquering FUD dragons (Fear Uncertainty and Doubt) is the real story, especially getting started. With limited support group, breaking free of the known and comfortable, where I imagine your closest friends were less than supportive of radical, new and uncomfortable ideas, not due to malice but actually to keep you 'safe within the known'.

    THAT is the story I want to hear. Byron Scott Dragon Slayer. From peasant to Prince.

    Yes!

    Of course, the greatest slayer of "the FUD dragon" is education.

    Education doesn't cost - lack of education costs. In some of his early podcasts, BP's own Brandon Turner described how he lost over $100K on his first deal. He could have paid for his education 5 times and still come out ahead.

    Education is an investment which produces returns.

    Lack of education results in expenses which can never be recovered.

  • Member since 2019 · 3 posts · 0 votes
    7y

    @Byron Scott wow! Congrats to you in taking this huge first step towards financial freedomn

  • Rental Property Investor · Evans, GA · Member since 2018 · 7 posts · 0 votes
    7y

    @Byron Scott awesome job and congrats on your success! I personally wouldn’t worry about the time because while you can’t let perfection get in the way of progress sometimes it pays to make sure it’s done right the first time so you don’t pay for hasty mistakes. All the best to you and yours in the future

  • Rental Property Investor · New Britain, CT · Member since 2019 · 9 posts · 2 votes
    7y

    @Byron Scott congrats bro!! That’s inspiration!!!! I’m on a 5 year plan just starting 2 months ago I’ll continue to follow BP for more info inspiration like this and advice. I wish you the best on the rest of your journey!

  • New to Real Estate · Plains, PA. Luzerne County · Member since 2019 · 3 posts · 2 votes
    7y

    @Byron Scott Congratulations man! Such an awesome story at the start, and followed by your detailed plan here. You did your education right sir. Keep that steam! This has me even more motivated to keep my education going strong and get my first deal!

  • Rental Property Investor · St. Louis, MO · Member since 2018 · 19 posts · 3 votes
    7y

    @Byron Scott congrats brother!

  • Member since 2019 · 1 post · 0 votes
    7y

    @Byron Scott

    Outstanding. Well done.

    One more nail in the coffin of my excuses.

    Upward and onward!

  • Investor · Member since 2018 · 18 posts · 8 votes
    7y

    Congratulations!! Keep up the good work! 

  • Rental Property Investor · San Diego · Member since 2019 · 109 posts · 87 votes
    7y

    @Byron Scott you are an inspiration! But don’t stop here! Keep crushing it

  • Investor · Austell, GA · Member since 2014 · 101 posts · 21 votes
    7y

    @Byron Scott, Great job! Happy investing to you!

  • Investor · Los Angeles, CA · Member since 2017 · 523 posts · 476 votes
    7y

    This is so great! Congrats on pushing through many obstacles and taking the big step. Georgia is such a great market - and since you're a local, you'll certainly have a front row seat to many more great deals in the coming months and years. Keep going! 

  • Dublin, County Dublin · Member since 2021 · 28 posts · 15 votes
    5y

    Congratulations Byron and good luck with your future deals.

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