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Updated over 10 years ago on . Most recent reply

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2,740
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Scott Trench
  • Rental Property Investor
  • Denver, CO
6,168
Votes |
2,740
Posts

Looking Back on My First Post on BiggerPockets - How I Moved Towards My Goals

Scott Trench
  • Rental Property Investor
  • Denver, CO
Posted

Today, I Googled myself and saw that one of the highest ranking results was this post from last year - my first one ever on BiggerPockets:

http://www.biggerpockets.com/forums/55/topics/1267...

Reading it, it's kind of funny about how naive some of my goals seemed - I wanted to purchase 3 properties by the end of the year, yet I had less than $10,000 in savings and was making under $50,000 per year, working a full-time job 9-5. On the other hand, it's amazing how close I came to hitting most of them. I'm glad I shot for the moon, because things went pretty well overall!

While I didn't reach all my then stated goals, I did successfully do the following things:

1) I quit the 9-5 that was holding me back from my REI goals, and joined a startup that lets me study real estate investing all day, every day ;).

2) I purchased a small duplex for $240,000

3) I've lived for free for the past several months by renting out available space in my duplex - "house hacking"

4) By continuing to live frugally, I've accumulated savings at double the rate of 2014, and am now ready to purchase another property - I'm just patiently waiting for one that meets my criteria to come on the market.

5) I've continued to meet investors, agents, wholesalers and many many other interested parties through BiggerPockets and various meetups, and have done my best to give back to the community through articles, forum posts, and my day to day work on BiggerPockets.

Anyone else want to share their first post and measure their progress towards their goals?

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