All Forum Posts by: Johnny Lynum

Quote from @Nicole Harrington:

We love flipping homes in Cherokee County and all the counties around us. Working on our 5th one right now. 

Oh wow! Congrats! Flipping homes is no small feat, especially doing five! Keep crushing it! What’s been the biggest lesson from your flips so far?

Quote from @Paul Dalton:

Hello,

I am brand new to BP- looking to invest in rentals and flips. I work for corporate America and looking for an exit strategy as I enter my mid 50s. 

Hey, Paul! Welcome to BP! That’s awesome you’re diving into rentals and flips. I love the FL market and have some projects in Panama City. Let's connect!

You’ve got this!

Quote from @Craig Rosenfeld:

I'm Craig Rosenfeld, a 21+ year Realtor based in Montgomery County, MD, just outside of Washington, DC and licensed in all three jurisdictions. I currently own one rental property and looking for adding at least one more in 2025. My goal is learn from everyone, listen to your ideas, grow my portfolio and help you as I'm able. If you have any questions, please don't hesitate to ask and always happy to connect. Thanks!

Hey Craig, I'm from Leesburg! Love hearing about your experience, especially with 21+ years in the game—definitely a wealth of knowledge there! I'm always down to exchange ideas and help each other grow. Excited to see how your portfolio expands in 2025! Let's connect! 👊

Quote from @Hector Beltran:

Hello everyone, I am new to real estate investing. Currently getting my real estate license to help me out on investing. Im excited to be here to learn and share. 

Hey, Hector! That’s awesome you're getting your real estate license—it’s a solid move that’ll give you an edge in investing for sure. This community’s a great place to learn and share, so you’re in the right spot. Looking forward to hearing more about your journey—let’s connect!

Quote from @Dillon Mason:

I'm just starting out. Looking to do some deal analysis to gain some experience and then on to my first deal. Thank you Bigger Pockets!

Hey, Dillon! 

That’s awesome! Deal analysis is key! Here’s a quick breakdown:

1. Income vs. Costs – Compare rent to all expenses (mortgage, taxes, etc.).
2. Profit – Check how much money you’ll make after all costs.
3. Neighborhood – Is the area growing? Look for good rental demand.
4. Repairs – Estimate what it’ll cost to fix anything.
5. Plan – Decide if you’ll rent, sell, or hold the property.

Biggerpockets has a lot of different calculators as well to help you out: https://www.biggerpockets.com/investment-calculators

You got this! 👊 First deal is coming soon.

Quote from @Mike Hansen:

Hello everyone. Active duty military and New here to BP while still considering myself new to REI. I do have a couple of LTRs between SFH and duplexes but looking to get into STRs and expanding my current portfolio. I believe there's always a deal to be made but one must have the necessary tools and most of the time those tools are Individuals with Experience. Let’s network!!!

Hey, Mike! It’s awesome to see another active duty service member diving into real estate. Sounds like you're already making moves with those LTRs—props for that! Totally agree that experience and having the right people in your corner make all the difference. You’ll find a ton of support here. Let’s definitely connect! 💪🏽 

Hey DY!

Welcome! 🎉 I remember when I was starting out in real estate, feeling a mix of excitement and nerves. It’s all about learning, consistency, and taking action. Don’t hesitate to ask questions or share your thoughts; we’re all here to support each other. Biggerpockets has a lot of resources, so you're in the right place!

Here's about why 7-10 years:

1. Market Cycles: Real estate typically appreciates 3-5% per year on average. Over 7 to 10 years, that can really add up!
2. Cash Flow: Owning multiple rental properties can generate consistent income. In fact, 70% of real estate investors report positive cash flow from their investments.
3. Debt Reduction: With time, you can pay down mortgages, boosting your equity. For instance, owning a property for 10 years could mean significantly less debt and more cash in your pocket.
4. Learning: Investing takes time to master. A 7 to 10 year goal allows you to learn, adapt, and grow your portfolio with confidence.

In just a few years, you’ll be well on your way to achieving that financial freedom you’re dreaming about. You got this!

Cheers,
Johnny

Hey Rudy! That’s awesome to hear you’re looking to invest in real estate! BiggerPockets has been a go-to resource for me. It’s like a community of real people sharing real experiences, which has helped me learn so much. I’ve found valuable tips, resources, and connections that have truly accelerated my journey. They have calculators, guides, etc. If you’re ready to dive in, you’re in the right place! What kind of investments are you considering?

Hey Michael! First off, congrats on making it to your senior year—that's a huge achievement! It's awesome to hear about your passion for real estate and how you already own a rental property. 

I'd recommend starting to network with local REIA and joining community groups or online forums related to real estate. This will help you build relationships and learn from others in the field. I have a few units in AL. Would love to connect!

Stay curious, keep learning, and embrace every opportunity that comes your way. You’ve got this!

Hey Kim! Congrats on flipping three houses and having a rental! That’s amazing!  I have a couple of MFs in AL, some in Birmingham. Try connecting with local real estate groups in Huntsville—Check out Meetup.com and here on Biggerpockets! FB Groups are great too, find a local one that's more investor-focused. You’ve got this—let’s get that fifth property before the year ends! 🚀💪 Let's connect!