Investor · Peachtree Corners, GA · Member since 2014 · 1k+ posts · 1k+ votes
I'm not going to get too inquisitive here, so lets simply use the numbers below. Please select the number that is most appropriate. I personally have made more than $100K.
Over $1,000
over $10,000
Over $100,000
Over $1,000,000
Over $10,000,000 If you made this much you'll probably be asked to do show 101. :)
So hard to know, but I will say this, as a 27 year old making $30,000 a year, my net worth minus debt hit 6 figures this year. 2 years ago, before bigger pockets, it was under $10,000.
I know this would not have been possible without bigger pockets! I am so thankful.
The biggest contribution has been finding MySmartMove.com. Have been using it to screen roommmates and tenants, so it's impossible to say how much drama/expense I have not dealt with due to better tenant screening.
I can say that getting rid of my first (unscreened) tenant cost about $2k to get rid of, and I eliminated similar tenant prospects this fall, due to info from MSM (they "forgot" to mention some brushes with the law. Reject.).
I am getting close to $50,000 spent on or given to BP so I think it works both ways.
This made me laugh. A few months ago I did some title research to help a BP member. I tracked down where the missing owners post foreclosure might be, in another state. I gave the member 3 addresses of possible family members and told him what I would do. He wrote me a few weeks later to tell me he did exactly what I said. This never happens, no one ever does exactly what I say. And he got the deal! He said thank you very much and that he would be making a donation.....to Josh. Yay Josh!
Don't coach for fees, K. Marie it will depress you what people want for free and will consider a short thanks for ample and suitable payment.
I am getting close to $50,000 spent on or given to BP so I think it works both ways.
This made me laugh. A few months ago I did some title research to help a BP member. I tracked down where the missing owners post foreclosure might be, in another state. I gave the member 3 addresses of possible family members and told him what I would do. He wrote me a few weeks later to tell me he did exactly what I said. This never happens, no one ever does exactly what I say. And he got the deal! He said thank you very much and that he would be making a donation.....to Josh. Yay Josh!
Don't coach for fees, K. Marie it will depress you what people want for free and will consider a short thanks for ample and suitable payment.
I would never coach for a fee. I don't help people with deals for a fee. If I think I can help.... I will. A lot of people don't follow through on anything, so I've learned to filter motivation and abilities a bit. But it just cracked me up that someone thought Josh deserved compensation for a deal they said I helped make happen. But people are weird. I helped another member research several properties. He wrote to me for my mailing address as he said he wanted to send me a small gift. Gift never came but the phone calls and emails keep coming.
Quarles has a good point. BP a two way street. The BP platform is a great thing, but the members create the content. And the clicks. Using the term "Donor" to contribute to a for profit business still confounds me.
@Jean Bolger has the right idea. I've made over $10k in cash so far, but have increased my net worth by much more with the education I've received here. Ask me again in four months when my first two rehab projects are done and I'll have an even higher number.
Congrats to everyone that uses our site to network and grow their business! It is humbling to see how successful some people have become with help from BiggerPockets.
I'm not sure why or how this conversation has become about me, but it shouldn't be.
I built and run this company, but unlike the gurus, this place is not about me, but our members.
I look forward to hearing more success stories from everyone!
At least for the people who have posted in this thread and are actual investors, there seems to be a high correlation between prolific posters and large amount of money earned via BP directly or more appropriately indirectly. @Brian Burke@Jon Klaus@J Scott and @Will Barnard to name a few are examples of this. Lets face it, people are more apt to invest with someone who is consistently posting relevant and pertinent data on here and whose reputation is more or less tied into BP.
It is also obvious that a lot of people are making and/or saving money via their time spent on BP.
Once again, @Joshua D. thanks for working so hard to start this site and to keep it going long before you made any money at it.
Hi every one my name Is Robert... I am new here... I have not made any money yet with big pockets but looking forward to it! So far I flipped 1 wholesale deal landed me $9k so I am a believer I just have to learn more.. I was thinkimg of leaning toward narrow ing in on probates... Anyone have any helpful tips?? I am out of Newcastle Delaware
Just purchased my first rental property thanks to the encouragement I get from BP so I guess I need to figure out what taking the first step is worth. Just did it...priceless.
Just purchased my first rental property thanks to the encouragement I get from BP so I guess I need to figure out what taking the first step is worth. Just did it...priceless.
Ok, How did you make exactly $120? If you are joking, then please come up with a good tale.
Two people who saw my introductory thread here gave me some dough. @Raj Gandhi hired me to do a writing job which I completed partially and was paid partially for (the nature of the job was that it could still be useful part way done). Another anonymous party found me very entertaining and helped me out a bit :)
This may seem like a trivial amount of dough, but I can assure you that this small cash advantage will probably take months or years off my poverty timetable.
I have no doubt that in the future my BiggerPockets shenanigans can lead to a lot more commas and 0's in that figure!!!
I just joined tonight... And if yall say saving money is making money then im pretty sure i just made $25k. Heres why and i want to share to start another convo about this topic...
Fortune Builders. Than Merrill and there business practice.
I have owned my own business since i was 19. 5 of them. The biggest one was the last one. We did $3.5 mill a year in revenue. And had up to 20 employees. All except one have been sold for a profit. And the one was bad and I broke even in a very bad situation. My point is i feel like im a smart guy with alot of common sense who works real hard and trys to work smart for my money.
I see alot of value in what they offer in just there systems and software alone. I know i have started all 5 of those businesses and none of them were started for $25k or less. And none if them had all the systems and software in place that they offer. And Definetly didn't come with a support staff or a coach. So for that reason alone i see the value in what they offer.
I also know that, with my experience and knowledge i can do this alone. And can prob get all that software and systems set up alot cheaper. But how much time will it take me ? And how much trial and error and mess up money will it really cost me in long run.
So my question is. If u can afford it and it wouldnt put u in a financial situation. Would you see the value in, it because they offer much more, and pay the money mainly to save time and energy that could be spent making money? And would you spend the money.?
There is all kinds of info on wholesaling on here just search on the topic. If you have specific questions then starting a new thread would probably be your best bet.
I just joined tonight... And if yall say saving money is making money then im pretty sure i just made $25k. Heres why and i want to share to start another convo about this topic...
Fortune Builders. Than Merrill and there business practice.
I have owned my own business since i was 19. 5 of them. The biggest one was the last one. We did $3.5 mill a year in revenue. And had up to 20 employees. All except one have been sold for a profit. And the one was bad and I broke even in a very bad situation. My point is i feel like im a smart guy with alot of common sense who works real hard and trys to work smart for my money.
I see alot of value in what they offer in just there systems and software alone. I know i have started all 5 of those businesses and none of them were started for $25k or less. And none if them had all the systems and software in place that they offer. And Definetly didn't come with a support staff or a coach. So for that reason alone i see the value in what they offer.
I also know that, with my experience and knowledge i can do this alone. And can prob get all that software and systems set up alot cheaper. But how much time will it take me ? And how much trial and error and mess up money will it really cost me in long run.
So my question is. If u can afford it and it wouldnt put u in a financial situation. Would you see the value in, it because they offer much more, and pay the money mainly to save time and energy that could be spent making money? And would you spend the money.?
i finished today. I didnt do it cause of there timing right before x mas. But i intesnd to do some more research and prob sign up after this flip i have sales.
WOW, What a question. That is hard for me to figure because BP has helped my blog tremendously, Its hard to put a monetary figure on that. I also have learned a lot about flipping and direct marketing. I would estimate over 10k for sure, probabaly not 100k.
To be honest, when I first came on to BP I was scouring the internet to get a sense of the market in southern California, having just relocated from a city where we'd lived for most of our lives. It was a huge adjustment, and BP was the "friend" that I found in the new location that could help me get a grasp on the new area and new real estate market. When I first became a member I wasn't looking at it as a way to make "me" money, but to familiarize myself with the new area. BP made a huge difference, and gave me back my confidence.
I quickly realized with my 30+ years experience as an agent, builder/developer, that I could help out others too. I became addicted!
Though I haven't actually made money (yet) directly from BP, we are working on a deal with another BP member. I've also been contacted by others with large sums of cash wanting to invest, but, not wanting to get ahead of myself, had to pass.
I've had many offers to blog for others, be interviewed for newspapers, do webinars, radio spots, and speak at events, etc. I've had calls from members all over the planet wanting info on development, and real estate.
Thanks to all the hard work that @Joshua D. has done over the years building this incredible site, there's been countless numbers of people that have been lifted up, profited, and educated. I cannot imagine the time he's sacrificed to build this site, and how much it has grown just since I've been here. I cannot wait to see where this progresses. I have no doubt that in the real estate investment space, BP will rival Facebook! Congrats Joshua!