1 year retrospective & thanks!

[Joe M.]

Merry Christmas and Happy New Year BP

January 1 will mark the 1 year anniversary of my business and the beginning of my real estate investing endeavor. My how time flies.

I wanted to take this opportunity to say thank you to the community here at BP. The advice, guidance and support have proved to be invaluable in my first year in business.

This industry is unfortunate in that it seems to attract a lot of guru hucksters, but I’ve found none of that nonsense here, just good hardworking folks trying to help each other out. That’s what makes this site great.

I started the year with the goal to purchase, renovate and rent out 2 single family homes. A modest goal to be sure, especially compared to the volume of transactions some of you do. However I felt this goal was achievable given my current situation with a full time job and two small kids at home. Well I’m happy to report that not only did we achieve our goal, we actually surpassed it by 1 house! So at the conclusion of this year we have 3 very nice single family homes in our real estate portfolio that we own free and clear with awesome tenants.

It’s my goal to purchase, renovate and rent out 2 more homes in 2011 with a stretch goal of 3.

I wish all of you continued success in the coming year, and my sincere thanks to the BP community for your continued support.