Updated over 9 years ago on . Most recent reply
Just closed my 7th rental!
Hooray! Just got the documents into UPS' hands to next day air it to my banker. We're closing on Monday, and that will make it my 7th rental so far!
Just a year and a half ago, I had just 1 rental making $250 a month in profit. Now I'm pulling in a tad under $2,500 a month!
I want to thank Bigger Pockets, Brandon Turner's GREAT webinar's (I highly recommend them), and I especially want to thank all those people when I told them I was going into real estate that I would fail. It kept me driven, focused, and honestly, pissed me off a bit.
Now that I've done my homework on what to do and more importantly what NOT to do in real estate, those same people have had to eat crow and admit that I do know what I'm doing and that they were wrong. So neener neener to them. :)
As for everyone on here, trust me, stay focused. Keep your eyes on the numbers. Math doesn't lie. Understand that you will feel discouraged. You will have obstacles that make you want to give up. You will be told "no" dozens of times. If you persevere, you will eventually hit your goals and make a success of yourself. You only fail if you give up.