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Updated about 10 years ago on . Most recent reply

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Brandon Turner
#3 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
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You know you're a real estate investor when...

Brandon Turner
#3 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
Posted

So I'm lying in bed, exhausted. Just when I fall asleep, my cat wakes me up just to be annoying.

But rather than quickly falling back to sleep... I start doing real estate math in my head. And suddenly I'm wide awake. I'm realizing a potential strategy that might work - and... Yeah sleep isn't happening now.

  • Brandon Turner
  • Podcast Guest on Show #92
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    Dawn Anastasi
    • Rental Property Investor
    • Milwaukee, WI
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    Dawn Anastasi
    • Rental Property Investor
    • Milwaukee, WI
    Replied

    This sounds like a Jeff Foxworthy stand up routine ...

    If you've ever gotten up in the middle of the night to read Bigger Pockets ... you might be a real estate investor.

    If the staff at your local Home Improvement store know you on a first name basis ... you might be a real estate investor.

    If you start thinking in terms of cap rate, ROI, and whether or not it would meet the "50% rule", "2% rule", and "70% rule" every time you go to a friend's house ... you might be a real estate investor.

    If you cringe every time you hear of someone paying retail for a property ... you might be a real estate investor.

    If your ears perk up whenever someone says they're thinking of buying a house ... you might be a real estate investor.

    If you spend you Saturday afternoons looking at properties ... you might be a real estate investor.

    If you know exactly how much it costs per square foot to build a house ... you might be a real estate investor.

    If you give your kids a 3-day notice instead of sending them to their room ... you might be a real estate investor.

    If all your deposits happen during the first week of the month ... you might be a real estate investor.

    If your friends and family don't know what to buy you for the holidays because all you ever buy are properties ... you might be a real estate investor.

    If you spend more time with your real estate agent than with your significant other ... you might be a real estate investor.

    And my favorite ...

    If you can retire off of passive income by the time you're 40 ... you might be a real estate investor!

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