WHY Bigger Pockets is the GOAT for Investors

Question

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You are what you eat. Never trust a skinny chef. Actions speak louder than words. Practice what you preach. Put your money where your mouth is. Walk the talk. Lead by example. The proof is in the pudding. You reap what you sow. Actions define character. Practice makes perfect. Words without actions are meaningless.

For example

I have heard "investors" put $5,000 in syndication and now tell everyone they own 1000 units. If you use Bigger Pockets right you can pick and choose people who are the real deal.

If you are a new investor vet profiles and don't just network to network, network to get where you are trying to go.

It frustrates me when I see people who have two investments worth $60,000 a piece that they bought in Mississippi giving investment advice, I could say the same about Realtors who don't own investments and have no idea how it works.

Scott Trench · Answer

Glad you are getting value here, Logan. We are certainly aiming to be the very best in the world at helping investors make quality real estate investment decisions.

I’ve often wondered about this “real deal” thing. And having been CEO for the last 6 years, and with the company for 10, I have observed some nuance:

- The guy with two units in Mississippi sometimes has no debt and has spent 1,000 hours learning, knowing their stuff. This is sometimes the guy to listen to.

- The guy who bought 10,000 units with $1B as the GP/sponsor is often the guy who just lost all of his investor’s capital. Many of these characters are better salespeople than investors.

- The guy with 3,000 posts on BP may be selling you something, like a totally unnecessary $10,000 course or “mentorship”. The guy with 3 posts may be offering legitimate advice having been in your shoes

- The guy with 30 years experience may be hopelessly out of date, or even inexperienced with current issues.

- The 23 year old who just bought the first house-hack may teach us something game-changing.

The “real deal” looks very different in many contexts: THAT is the power of BiggerPockets.

Roger D Jones · Answer

As Scott says... context is everything. Just be the best 'you' you can be and realize it is more important to know what you don't know than to try to show everyone what you do know.

WHY Bigger Pockets is the GOAT for Investors

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