All Forum Posts by: William Brown

Reading all these posts, I'm feeling a little disheartened. This business isn't about nickel and diming people, and you won't ever grow if you can't cut some slack in the rope now and then--especially to a good loyal tenant who has paid for three years straight and just lost his job. My two cents

Reward loyalty with loyalty. Maybe draw up an agreement with him where he could pay your expenses, (PITI and maintenance) and you wouldn't take any profit. Or take a small loss for him for a couple months. If he was your tenant for 3 years, he has made you tons of money I'm betting. And in the long run, the recommendations and referrals you would get for reciprocating his loyalty down the road. Real estate is a people business. Sometimes it's not all about the number at the bottom of the paper.

This is awesome! BP has and will continue to bring the REI platform to higher and higher in society as well as providing valuable, practical, and FREE information to hundreds of thousands now and turning lives around. Waiting for the 1M mark!!

Originally posted by @Account Closed:

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Best strategy: get someone to spill the beans on their success by massaging their ego, copy off of them. Tons of people helping their competition on here, copy away

 I love it!

@Darrin Carey Hey! Thanks for sharing the love to us newbies out here on cold wet BP streets.

I have a question for you, you said you started 5 years before retirement, how many years has it been and where are you now? What are your goals, or your end game?

@Davis Sessums If I may ask, why flipping?

Not saying it is a good or bad choice, but also growing up in NoVa I know it might not be the best choice. Have you tried other strategies and haven't found success? 

Here's my philosophy: Most of the people on here, and in life, want you to take the "safe" route. The path others have paved. A lot of the replies are "if your RE doesn't pan out...take this safe route" I simply refuse to believe that. The only reason things fail is because we let them. We hit a setback and throw in the towel. If you go into REI, or anything else in life, with a mindset and a backup plan in case you fail, you are setting yourself up for failure. Like most things, real estate is what you make of it. So sure, set up the cushion "just in case" I don't plan for "just in cases". I make it happen no matter what. Just my two cents, from an ambitious 17 year old

Rolanda Eldridge hey, that's awesome! Just a few questions, where are you now in terms of units/deals done (if you want to share your numbers) and what are your goals moving forward? Also, how did the crash affect your business and how well have you bounced back? Thanks!

Jason Branch that sounds awesome, and best of luck! Just remember a few things: There are multiple ways to invest with very little money down. Albeit they are sometimes more difficult, the possibility is there. Leverage other people's money and time as well! And most importantly--your Network is your Net Worth. When you get to Houston, look around the web and on meetup.com for some local REIAs you can attend. People that try and climb the ladder on their own typically don't get very far. Good luck and God bless!

Karen Peake to answer your question, it has become both easier and harder. In Real Estate Investing, (REI), there are not absolute answers. Location, market conditions, competition, niche, and so on all have an impact. But like said above, start listening to podcasts, start reading books. Don't assume you want to go into REI just because you saw a few people on TV doing it. Best of luck!