Cost Segregation Expert and Investor · Lakewood, NJ · Member since 2017 · 1k+ posts · 1k+ votes
Wondering if the BP Rewards mean anything to anyone?
I just received an email that I was granted another award, and I guess it shows up on my profile, but does it have any value besides knowing that someone is an active member of BP? I suppose you could tell that from how many posts they have.
Don't get me wrong, it feels great to be 'rewarded' for being an active member of this awesome community, just wondering if there is anything I'm missing.
BP Rewards are applied nudge theory (I enjoy getting them also).
Interesting theory. Nothing more?
Economist Richard Thaler was awarded the Nobel Prize last year for articulating what my kindergarten teacher knew instinctively -- to encourage people to behave in a certain way, you add gold stars after their name to reward their good behavior. BP wants to create the go-to platform for direct real estate investors and to encourage insightful posts and discussions, we get BP Rewards for our useful contributions.
I'm getting a lot out of the discussion threads. For example, I'm solidifying my belief I would make a terrible landlord and property manager based on these discussions, so I'm directing my efforts towards the financing side of the business. But I still want to have a working knowledge of landlording to serve as a context for note and tax lien investing in case I happen to end up owning income property someday. Stuff sometimes happens.