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Real Estate Success Stories

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5
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17
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Phil Nelson
  • Investor
  • Greensburg, IN
17
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5
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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. 

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41
Posts
25
Votes
Tatum Littleton
  • Real Estate Agent
  • Austin, TX
25
Votes |
41
Posts
Tatum Littleton
  • 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! 

User Stats

992
Posts
688
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Benjamin Aaker
  • Rental Property Investor
  • Brandon, SD
688
Votes |
992
Posts
Benjamin Aaker
  • Rental Property Investor
  • Brandon, SD
Replied May 11 2023, 11:59
Congratulations. It's nice to see another real estate success story!

User Stats

58
Posts
21
Votes
Brady Ferguson
  • Real Estate Agent
  • Dallas-Fort Worth, TX
21
Votes |
58
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Brady Ferguson
  • Real Estate Agent
  • Dallas-Fort Worth, TX
Replied May 11 2023, 12:03

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

User Stats

1,107
Posts
537
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Nick Giulioni
  • Rental Property Investor
  • Carmel, IN
537
Votes |
1,107
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Nick Giulioni
  • 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!

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186
Posts
109
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Brandon Peery
  • Lakeland, FL
109
Votes |
186
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Brandon Peery
  • 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

223
Posts
305
Votes
Harrison Chow
  • Real Estate Agent
  • Columbus, OH
305
Votes |
223
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!!

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2,386
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2,612
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Scott E.#2 Rehabbing & House Flipping Contributor
  • Developer
  • Scottsdale, AZ
2,612
Votes |
2,386
Posts
Scott E.#2 Rehabbing & House Flipping Contributor
  • 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

362
Posts
226
Votes
Nathan Harden
  • Real Estate Agent
  • Puyallup, WA
226
Votes |
362
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

207
Posts
133
Votes
Ran Iarovich
  • Real Estate Agent
  • Washington
133
Votes |
207
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? 

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2,637
Posts
2,269
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Joe S.#1 Goals, Business Plans & Entities Contributor
  • Investor
  • San Antonio
2,269
Votes |
2,637
Posts
Joe S.#1 Goals, Business Plans & Entities Contributor
  • 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.😁

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1,207
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761
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Alecia Loveless
761
Votes |
1,207
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Alecia Loveless
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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146
Posts
56
Votes
Mark Jones
  • Property Manager
  • Indianapolis, IN
56
Votes |
146
Posts
Mark Jones
  • 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! 

Broker Indiana (#IRB14036355)

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8
Posts
0
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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

774
Posts
349
Votes
Melanie Thomas
  • Real Estate Broker
  • San Antonio
349
Votes |
774
Posts
Melanie Thomas
  • 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!