Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

438
Posts
187
Votes
Cornelius Charles
  • Investor
  • Oxnard, CA
187
Votes |
438
Posts

$140,805.92 profit on our first flip...Thank you Bigger Pockets!

Cornelius Charles
  • Investor
  • Oxnard, CA
Posted

Before I begin and receive any responses that my title is not accurate, I just want to state upfront that only 60% of that profit goes to us and the other 40% goes to our private money lender.

Now that I got that out of the way, I just wanted to take some time to thank BP and the people on this site for helping my wife and I successfully complete our first ever flip. I am sure that a lot of the successful investors on here are super busy, and I’m not sure what your reasons are for contributing to this site, but I just wanted you guys to know that your efforts are definitely not wasted. I will not speak for any other newbies, but the knowledge and insight that I have gained from many of you has been invaluable. My wife and I would have been happy if we would have just broken even on our first flip, but thanks to everyone here, we more than met our expectations.  The victory is a little bitter sweet though, as our lead funnel has been dry for quite some time now.  We plan on reinvesting a portion of the profit into marketing to hopefully reach our goal of 4 flips in 2016.

Please pardon me for name dropping, but I also want to take a second and thank some of the people whose comments and/or posts I have been following over the last year and a half or so.  I really appreciate the time you take to help others who are just starting out.  Although some of you write about different niches than I am interested in, I have learned something from each of you.  I am sure that I'm missing a few others, but here goes:

@Antonio Coleman@Chad Carson@Ali Boone@Danny Johnson@Jeff Greenberg@Mindy Jensen@Scott Trench@Rick H..  ;)  Thank you for everything that you guys do and please keep up the great work!

  • Cornelius Charles
  • Most Popular Reply

    User Stats

    15,214
    Posts
    11,319
    Votes
    Joel Owens
    • Real Estate Broker
    • Canton, GA
    11,319
    Votes |
    15,214
    Posts
    Joel Owens
    • Real Estate Broker
    • Canton, GA
    ModeratorReplied

    Cornelius,

    "Last but not least, i would like to thank @Brandon Turner and his assistant@Joshua Dorkin. ;) Thank you for everything that you guys do and please keep up the great work!"

    Yes assistant Josh Dorkin, go Josh go! LOL.................. : )

    business profile image
    NNN Invest
    5.0 stars
    3 Reviews

    Loading replies...

    1 2