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User Stats

5
Posts
17
Votes
Phil Nelson
  • Investor
  • Greensburg, IN
17
Votes |
5
Posts

Finally Left the Rat Race

Phil Nelson
  • Investor
  • Greensburg, IN
Posted May 11 2023, 11:40

Hey BP! Thanks partly to BP podcast and this great community I was finally able to leave the rat race and quit my factory job. I'm up to 37 doors, mostly single family houses, and I was able to pull out some equity recently and purchase a flooring store in Indianapolis, IN. Thank you everyone! Feel free to connect with me anytime. 

User Stats

90
Posts
50
Votes
Tatum Littleton
Agent
  • Real Estate Agent
  • Austin, TX
50
Votes |
90
Posts
Tatum Littleton
Agent
  • Real Estate Agent
  • Austin, TX
Replied May 11 2023, 11:49

Amazing, Philip! What a great accomplishment, happy you are on to new endeavors. Good to know someone in the flooring business who has like-minded goals! I currently am investing in Texas but have been thinking about looking out of state and I hear good things about Indianapolis. I really enjoyed my Spring when I interned downtown in 2019 and it's pretty cool to see that it's a good place to invest!

If you are ever interested in looking into Texas I'd be happy to help you out... I'm sure you've heard it's a great place to be, LOL! 

eXp Realty-Tatum Littleton Logo

User Stats

1,369
Posts
946
Votes
Benjamin Aaker
Pro Member
  • Rental Property Investor
  • Brandon, SD
946
Votes |
1,369
Posts
Benjamin Aaker
Pro Member
  • Rental Property Investor
  • Brandon, SD
Replied May 11 2023, 11:59
Congratulations. It's nice to see another real estate success story!
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User Stats

58
Posts
21
Votes
Brady Ferguson
  • Rental Property Investor
  • DFW / Lubbock, TX
21
Votes |
58
Posts
Brady Ferguson
  • Rental Property Investor
  • DFW / Lubbock, TX
Replied May 11 2023, 12:03

Congratulations, Philip! Always great to see other people succeed. 

User Stats

1,186
Posts
585
Votes
Nick Giulioni
Pro Member
  • Rental Property Investor
  • Carmel, IN
585
Votes |
1,186
Posts
Nick Giulioni
Pro Member
  • Rental Property Investor
  • Carmel, IN
Replied May 12 2023, 03:19

Welcome to the full time/entrepreneurial side of the house! You won't look back!

User Stats

242
Posts
147
Votes
Brandon P.
  • Lakeland, FL
147
Votes |
242
Posts
Brandon P.
  • Lakeland, FL
Replied May 12 2023, 03:38
Your story is inspiring, it's good to keep seeing and hearing these experiences from others. Great work!

User Stats

289
Posts
361
Votes
Harrison Chow
  • Real Estate Agent
  • Columbus, OH
361
Votes |
289
Posts
Harrison Chow
  • Real Estate Agent
  • Columbus, OH
Replied May 12 2023, 07:14
Quote from @Phil Nelson:

Hey BP! Thanks partly to BP podcast and this great community I was finally able to leave the rat race and quit my factory job. I'm up to 37 doors, mostly single family houses, and I was able to pull out some equity recently and purchase a flooring store in Indianapolis, IN. Thank you everyone! Feel free to connect with me anytime. 


 Wow, congratulations!!

User Stats

2,606
Posts
2,985
Votes
Scott E.
  • Developer
  • Scottsdale, AZ
2,985
Votes |
2,606
Posts
Scott E.
  • Developer
  • Scottsdale, AZ
Replied May 12 2023, 07:56

Nice job! 37 single family homes ... that is quite an accomplishment (especially considering you look pretty young in your profile picture). Best wishes on your next flooring store venture.

User Stats

551
Posts
376
Votes
Nathan Harden
  • Real Estate Agent
  • Puyallup, WA
376
Votes |
551
Posts
Nathan Harden
  • Real Estate Agent
  • Puyallup, WA
Replied May 12 2023, 08:01

Well done!!

You are now living the dream, 37 homes in impressive as well. If you don't mind me asking, how long did it take for you to acquire that many doors? Any specific strategies that you wish you knew earlier?

User Stats

254
Posts
172
Votes
Ran Iarovich
  • Real Estate Agent
  • Washington
172
Votes |
254
Posts
Ran Iarovich
  • Real Estate Agent
  • Washington
Replied May 12 2023, 08:12

So inspirational. As someone who is 19 years old. What are some lessons can you advice to save time and money? 

User Stats

17
Posts
6
Votes
Breanna Mason
  • Rental Property Investor
  • Reno, NV
6
Votes |
17
Posts
Breanna Mason
  • Rental Property Investor
  • Reno, NV
Replied May 13 2023, 18:49

Congratulations! This is such a motivation to see! 

During your venture, what lessons did you learn along the way? 

User Stats

3,028
Posts
2,664
Votes
Joe S.
Pro Member
  • Investor
  • San Antonio
2,664
Votes |
3,028
Posts
Joe S.
Pro Member
  • Investor
  • San Antonio
Replied May 13 2023, 18:58
Quote from @Nathan Harden:

Well done!!

You are now living the dream, 37 homes in impressive as well. If you don't mind me asking, how long did it take for you to acquire that many doors? Any specific strategies that you wish you knew earlier?

I second what Nathan said. More details would be helpful in order to fully understand your journey.😁

User Stats

2,571
Posts
1,800
Votes
Alecia Loveless
Pro Member
1,800
Votes |
2,571
Posts
Alecia Loveless
Pro Member
Replied May 14 2023, 00:39

@Philip Nelson Congratulations Philip! I’m happy to say I’ve got 20 doors and today is the last day for me at my second job so I can focus more time on my real estate business. Only 4 hours left till I get my Saturday and Sunday back from the 16 hour shifts I was working and I couldn’t be more thrilled!

I’m so happy for you! You’ve met my goal and I can’t wait to get there. I’ve got 3 more years in my master plan of getting enough units to quit my full time W-2! You’ve inspired me to work harder and it couldn’t have come on a better day to see your post than on the day that I step away from a position I’ve held for 14 years! Thanks for the inspiration and once again CONGRATULATIONS!

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User Stats

150
Posts
58
Votes
Mark Jones
Property Manager
Pro Member
  • Property Manager
  • Indianapolis, IN
58
Votes |
150
Posts
Mark Jones
Property Manager
Pro Member
  • Property Manager
  • Indianapolis, IN
Replied May 15 2023, 14:18

Great story!  Thanks for sharing Phillip!  I will get in contact with you about your flooring store.  Always looking for great products for my investors! 

User Stats

8
Posts
0
Votes
Carmen Cabrera
  • New to Real Estate
0
Votes |
8
Posts
Carmen Cabrera
  • New to Real Estate
Replied May 25 2023, 09:12

Congratulations, that is amazing, your story is inspiring, and it's good to keep seeing and hearing these experiences from others. Great work!

User Stats

887
Posts
395
Votes
Melanie Thomas
Property Manager
Pro Member
  • Real Estate Broker
  • San Antonio
395
Votes |
887
Posts
Melanie Thomas
Property Manager
Pro Member
  • Real Estate Broker
  • San Antonio
Replied Jun 7 2023, 08:59
Hi Phillip, thank you for sharing. Congrats on the big move and wishing you continued success. Looking forward to your next awesome move/updates! Good luck & happy investing!