Just Realized I’ve Been a Landlord… Not an Investor

[William Miller]

Hey BP fam — had a bit of a moment today.

I finally learned how to run real numbers (shoutout to everyone who posts breakdowns here — you’re the real MVPs), and decided to put my own properties to the test.

Let’s just say… ouch.

My Arizona property? Not perfect, but with some tweaks it can work.

My Texas property? Straight up a liability. Low appreciation, breakeven (at best) rent, and just eating up my growth potential. It’s basically a roommate who doesn’t pay rent and eats my snacks.

This whole time I thought I was investing — turns out, I was just “holding.” Huge difference.

Now I’ve got a new mindset: no more dead weight. I’m focused on real BRRRR deals that cash flow and grow long-term.

Crazy how learning the math turns confusion into clarity. Anyone else have that moment when you realized your “assets” were actually just expensive lessons?