I Started Buying Rentals at 46. By 50, They’ll Replace My Salary.

Henry:
Kent Lengthy purchased his first rental property at 46 years previous, simply two years in the past in 2024. By the point he’s 50, he’ll have an actual property portfolio that can retire him early. He did all this whereas working a 9 to 5, on the street three to 4 days per week, and with no ton of his personal financial savings. Kent started searching for passive earnings streams, however all of the web gurus and guides turned out to be promoting a fantasy. After hitting a breaking level, Kent noticed a home available on the market with sufficient sq. footage to transform it into two models. This may flip into the start of an investing profession Kent by no means imagined. With simply $14,000 down, Kent turned one down fee into 4 properties, making him $5,500 a month in money movement. And he did all of it in simply two years. Now he’s shut to completely changing his wage with leases, permitting him to retire from his job at age 50, 15 years earlier than conventional retirement age.
He did all of it beginning in 2024. So if you happen to assume you’re late to actual property, that is your signal to get within the sport. What’s happening all people? I’m Henry Washington, co-host of the BiggerPockets Podcast, and right this moment we’re bringing you an investor story with Kent Lengthy from Altoona, Pennsylvania. Let’s deliver him on. Kent Lengthy, welcome to the BiggerPockets Podcast.

Kent:
Henry, I’m honored to be right here. Truthfully, BiggerPockets has been an enormous a part of my actual property journey.

Henry:
Effectively, why don’t you begin there? Inform us a little bit bit about your background and the way you bought into actual property within the first place.

Kent:
Beginning off, I used to be all the time searching for passive earnings. So sadly, simply life prices a lot cash. So to reside usually, it’s important to have further earnings coming in. So my preliminary thought course of was I learn Tim Ferriss, four-hour work week, and I began an Amazon enterprise. So I made two merchandise on Amazon and I had two totally different producers in China that might ship stuff on to Amazon. So ideally it is smart, then that’s completely passive. You watch all of the YouTubers and so they say how simple it’s and you can also make further thousand bucks per unit that you simply’re promoting. The kicker is it prices a lot cash to promote on Amazon that you simply don’t make any cash. So then after that, I came across BiggerPockets and began listening to only actual property. I’ve all the time been like Mr. Repair It at residence and might sort things. And my dad’s a union carpenter, so I’ve all the time had a background of constructing and fixing issues.
After which about two years in the past after I was going via a nasty divorce, I had an choice and I might both hire as a result of my spouse was retaining the home, or I might take a look at both flipping a home, reside in flip, or purchase a property that I might repair up after which pull some fairness out. In order that’s my preliminary dive into it.

Henry:
About when did you begin researching actual property? After which about when was it once you purchased your first actual property deal?

Kent:
My job, my 9 to 5, I journey so much. So I’m within the automobile between two and 4 hours, three to 4 days every week. So it could simply be podcast after podcast, whether or not it was entrepreneurship, after which ultimately about three years in the past to 2 and a half years in the past, actually simply diving into BiggerPockets and simply always listening to it within the automobile. So in July of 2024, I used to be my first property. My actual property agent on the time had a property that was once a duplex and it was transformed to a single household, however all I actually needed to do was put a door on it. So that you stroll in, the primary flooring would’ve been one condo after which there was one other door that went upstairs for the second condo. So actually simply placing a door on it could make it a duplex.

Henry:
What metropolis was this?

Kent:
In Altoona, PA.

Henry:
Altoona, Pennsylvania. And the way a lot did you pay for this huge single household residence that was a duplex, changed into a single that you simply wished to show again right into a duplex?

Kent:
However I truly turned it right into a strive.

Henry:
We’ll

Kent:
Get to that. So buy worth is $70,000.

Henry:
70 grand? Was it simply sticks? Was it livable?

Kent:
All new LVP within the first and second flooring and the third flooring, all LVP already finished. And every thing was freshly painted.

Henry:
Is that this simply costs on this market? How’d you discover this deal? Was it available on the market? Was it off-market deal?

Kent:
It was available on the market for some time. In order that home fell via a pair instances. They bought it twice possibly, and the mortgage didn’t undergo proper or one thing occurred. So then the vendor simply wanted it sort of off his plate. However at most, it was available on the market for 80 or 90.

Henry:
Wow. I simply didn’t notice the value factors had been that low.

Kent:
Effectively, the value factors will get higher and also you’re going to be. In order that’s within the excessive finish of what I paid.

Henry:
Okay. All proper. All proper. So that you paid 70. It was a single that was once a duplex. You ended up changing it again to a multifamily. How a lot did it price you to renovate this property to get it changed into, I assume you mentioned, a triplex now?

Kent:
$10,000.

Henry:
Okay. Did it price 10 grand as a result of you could have the abilities to do all of the work your self or did it price 10 grand simply because it was in pristine situation and also you didn’t need to do a lot?

Kent:
So I didn’t need to do so much, however I do all the work. So the concept is I’ve a background of redoing kitchens and redoing bogs and I can do flooring and portray and every thing else, however that’s all that I needed to put into it to transform it right into a strive. I had a little bit bit of cupboards I had so as to add into the kitchen, after which there have been some cupboards up on that second flooring that I used within the third unit, which was within the again.

Henry:
Are you able to estimate what you assume the renovation would’ve price had you needed to rent a contractor?

Kent:
I imply, I all the time double it. So it’s 20 to 30, 20 to 30 grand. That’s

Henry:
Honest. That’s truthful. Okay, cool. That paints a great image of concerning the degree of labor that wanted to be concerned with this property. And so then you definitely transformed it to a triplex. I do know I’m most likely getting forward of myself, however I’m so curious due to that worth level. What are the rents for the person models?

Kent:
So that they principally added a enterprise off the again aspect of this home. That unit, I furnished it, after which there’s a makeshift kitchen again there too, and I get 850 for that little unit, and it’s as large as a no matter, lodge room.

Henry:
Okay. So that you’re money flowing off one unit. Allright, what else you bought?

Kent:
Proper. So then on the primary flooring, one bed room, I get proper round 900 a month for that.

Henry:
And the third unit?

Kent:
1250.

Henry:
What?

Kent:
As a result of it’s three bed room, and that is off of a $70,000 residence. Holy

Henry:
Crap. $70,000 single household, $10,000 renovation, which incorporates sweat fairness, which is ok. And also you’re in a position to herald 850, 900, and 1250 for a complete of $3,000 a month in hire on an $80,000 all-in buy? Proper. That’s a great stinking deal. Wow. Congratulations on that. That’s spectacular.

Kent:
Thanks. Thanks. We all the time wish to hit that residence run within the first one.

Henry:
All proper. So how did you construction the financing for this? Did you pay out of your pocket? Is it a standard mortgage?

Kent:
It was a 30-year typical mortgage.

Henry:
So you set down 20%, 25%? Yeah,

Kent:
14 to $20,000.

Henry:
What’s your debt service? So what are you paying the mortgage on that property? It’s

Kent:
So

Henry:
Low, he doesn’t even know, guys. He was like, “I don’t know. 50 bucks eyes.”

Kent:
All of my loans are between 4 and $600.

Henry:
$600 a month mortgage, bringing in $3,000 a month. Even you set $14,000 down after just a few months, you bought your a reimbursement.

Kent:
Oh, yeah.

Henry:
What a deal. What a deal. Now, I’m very curious now as to what the numbers appear like on this second deal, and we’re going to dive into that after this fast break. All proper, we’re again on the BiggerPockets podcast. I’m talking with investor Kent Lengthy, who has simply shared his very first actual property take care of us, and it was a banger. So Kent, inform me about this subsequent one.

Kent:
So first property, repair it up, principally added two models as a result of it was a single household, turned it right into a strive. As a result of I turned it in a strive, I bought to have the ability to pull, I imply, it’s 80% of the appraised worth, so then I used to be in a position to pull out a $78,000 HELOC.

Henry:
Effectively, I wish to caveat one factor although, as a result of I simply wish to be sure that we’re clear on the phrases. I really like this technique, by the best way. So that you basically did a burr, besides I name it a modified BRRR. It’s a BRR. As a substitute of a refinance on the finish, it’s a HELOC on the finish. And so that you truly didn’t pull cash out, you simply bought entry to a line of credit score. I like this technique greater than the BRRR. And the rationale I do is as a result of once you refinance, you’re getting a brand new mortgage at a better quantity, which then lessens your money movement. However since you simply pulled a line of credit score, you gave your self entry to the fairness, however you didn’t get a brand new mortgage at a better quantity. Your mortgage stays the identical and also you solely pay extra once you borrow the cash towards the HELOC.
So he was saying he pulled cash out. He didn’t essentially pull it out. He bought entry to it. I feel it’s a implausible technique. I’m glad you went that route. So that you’ve now bought entry to this $70,000 line of credit score, and so that offers you shopping for energy, proper? So what did you do with that?

Kent:
I purchased one other single household proper round 1700 sq. toes, and I used to be going to show it right into a duplex, however I purchased it for $30,000. So

Henry:
You paid money out of your line of credit score. So that you pulled out 35,000. Once more, why I like this technique? As a result of he didn’t refinance, he didn’t get a brand new mortgage. He was in a position to make use of $35,000 of the 70,000 he had entry to. So that you’re truly solely paying curiosity solely funds on 35,000 versus having, if you happen to did on a refinance, you’re basically paying for all the cash directly. So that you pull out 35,000, you pay money for a home that you simply wish to convert from a single to a multi. Now, had been you particularly focusing on single households that had the potential to be multis or was this simply coincidence?

Kent:
Ideally, I wished duplexes or tries. They’re the simplest to renovate. I imply, the entire BRR course of is simpler for. The entire thought of duplexes and tries is I like one renter to pay the mortgage and one renter to pay me. So once you take a look at multifamilies, it’s only a money movement and that ideally has all the time been my objective.

Henry:
So 35,000, how a lot did it price you to renovate this one?

Kent:
20,000 all in.

Henry:
What are you getting in rents on these models?

Kent:
A thousand for the 2 bed room on the upstairs after which 900 for the one bed room.

Henry:
So $30,000 buy, $20,000 rehab, all in for 50, bringing in $1,900 a month. Once more, that could be a implausible money flowing deal. Did you financial this one the identical means or did you do it a little bit totally different?

Kent:
So after I went to get that refinanced, that’s after I went the industrial mortgage route, which I actually, I like it. It’s simply a lot easier, a lot faster. So then it bought reappraised at 110. So I pulled an $85,000 mortgage out on that and was in a position to repay $20,000 of bank card debt and pay down that $30,000 that I preliminary funding.

Henry:
Okay, since you paid money and also you most likely funded the renovation out of your personal pocket. So that you’re all in 50, but it surely’s 50 money. So then you definitely went and you bought a mortgage on the property itself for 80. That offers you some money in your pocket to repay your money owed. And an $80,000 mortgage bringing in $1,900 a month continues to be phenomenal money movement. Plus you had been in a position to repay bank card debt, which basically will increase money movement too, as a result of now you’re not paying these bank card payments. That’s superior, man. And I do know lots of people are listening and so they’re considering, “Man, nicely, I can’t purchase $30,000 homes.” Effectively, A, you may as a result of you may make investments out of state if you wish to. And B, there’s markets like this everywhere in the nation. So don’t simply imagine the lie of if you happen to’re paying lower than $100,000 that you simply’re getting some piece of crap that’s going to price you extra to repair it up than it’s to promote it.
There are many markets the place the value factors are decrease. There’s clearly danger to these issues. Often markets with lower cost factors like this don’t have a ton of appreciation. So I’m curious, is that what it’s like in your market? Do these properties recognize with the nationwide common or do they sort of simply sit flat? It

Kent:
Would sit flat. I imply, in the case of danger, I like to think about it as decrease danger than anything as a result of – It’s low danger. The cash that I’m placing into it, the sum of money that I might make investments right into a $30,000 home in comparison with a $300,000 home, I’m simply mitigating danger simply within the preliminary worth level.

Henry:
It’s a sliding scale, proper? It’s a seesaw. Sometimes, if you happen to’re in a market the place you’re getting tons of appreciation, money movement is none, adverse, onerous to search out. Inversely, once you’re in a market the place you may get phenomenal money movement, I imply, we’re speaking a debt service of 600 bucks, bringing in $3,000. That’s phenomenal money movement, however you’re not going to get a ton of appreciation. That’s simply how actual property tends to work. So you must determine, if you happen to’re listening to the present, to determine what your technique is, it’s important to set your personal targets after which purchase properties in a market that will let you meet these targets, proper? There’s going to be ups and there’s going to be downs, there’s going to be dangers, and also you wish to be rewarded for the chance. I feel that this can be a first rate technique if you happen to’re attempting to construct up cashflow, heavy cashflow market.
Earlier than we transfer on to this subsequent deal, Kent talked about that he used a HELOC on his first home to fund his second property. And if you happen to’re a BiggerPockets Professional member, now we have a brand new perk with our HELOC associate, Avan, that may get you a $400 assertion credit score. So go and test that out if you happen to’re a BiggerPockets Professional member. All proper, Kent, I really like these offers. I feel this can be a good technique in what appears to be a really extremely cashflow heavy market. You’re from the market, you reside out there, so that you perceive that market. I feel that that’s a wise funding plan. Paint us an image right here by way of time. The primary deal was 2024 in July. How lengthy was it between that one and this deal?

Kent:
I bought this deal finished in February of 2025.

Henry:
So about seven months later you probably did this subsequent deal. Okay. That’s an affordable timeframe. You probably did one deal, you discovered some classes, you go and do one other deal. That’s nice. Okay. And the way lengthy did it take you from deal two to deal three?

Kent:
It took a little bit bit longer as a result of that’s after I bought my son concerned into this actual property journey. First one was a house run. The second was going rather well, and I knew that it was going to work out as a result of I already had the money. And one other duplex whereas I used to be engaged on my second property, one other duplex got here up for $44,000.

Henry:
Okay. This was available on the market listed?

Kent:
That is available on the market listed for 44,000. All

Henry:
Proper.

Kent:
I needed to get there instantly as a result of I knew when duplexes come up in Altoona, they go shortly.

Henry:
How previous was your son on the time?

Kent:
19.

Henry:
Okay. Okay. Superior.

Kent:
So he’s a 19-year-old. He was in school, however over the summer time, he was going to repair a duplex up, principally do the identical factor, pull fairness out of it, after which do one property a 12 months for the following 4 years whereas he was in school. So I bought the home for $44,000. So I put 15, $16,000 down on it.

Henry:
Okay. Did you employ the HELOC to place the cash down or did you?

Kent:
Yeah.

Henry:
Yeah, at a boy.

Kent:
I did a industrial mortgage on this as nicely as a result of I’m working with a neighborhood financial institution. So once more, I feel it’s advantages to be working along with your native banks as a result of they know the world. They know find out how to make issues work.

Henry:
So typical construction of a mortgage for a local people financial institution, if you happen to’re doing a repair and flip or some kind of development mortgage, it’s 85% of buy, 100% of rehab. So you bought to place 15% down. In order that was your 15% down fee you had been speaking about. You borrowed that out of your line of credit score on deal one. How a lot did the renovation of this duplex price

Kent:
You? I feel we took a $15,000 renovation mortgage with this industrial mortgage. In order you’re doing the work, they’ll pay you again, however we actually wanted about 25,000. So it was, once more, an enormous property and the flooring is what we didn’t determine it out proper. After which the caveat to all this, we’re fortunate as in my dad as a union carpenter and would come down two to 3 days every week and assist him repair this property up.

Henry:
So you bought the entire household concerned, grandpa, dad and son all engaged on this property. That’s tremendous cool. So complete funds was about $25,000, it appears like, on the renovation of this duplex. You paid 44, you’ve bought 25 in it, so that you’re all in for slightly below $70,000. And what are you renting these models for?

Kent:
1,200 and 1,200.

Henry:
That’s superior.

Kent:
Yeah, it was implausible. After which we refinanced this and he was in a position to pull out $72,000 out of his first property.

Henry:
As a 19-year-old.

Kent:
Yeah. Wow. Wow. He turned 20 until he refinanced it. However at 20 years previous, we went to a lawyer and so they wrote him a test for $72,000.

Henry:
How scared did that make you?

Kent:
No, he’s probably the most frugal child you’ll ever meet. I knew he received’t spend a dime of it.

Henry:
Oh, I can’t think about getting a $70,000 test at 19. I

Kent:
Was

Henry:
Not that accountable.

Kent:
No, he does nice along with his cash. So he did pay me again. So I put the preliminary funding in and needed to fund among the flooring and among the kitchen renovation. So he was in a position to pay me again $18,000. However then he’s nonetheless sitting within the financial institution with over $50,000.

Henry:
So what made you wish to pull your son into this deal? What introduced that about?

Kent:
Simply monetary safety. It’s monetary future. It’s making, one, giving him the chance to achieve success later in life. I imply, he’s going to have this property for the following 30 years, simply money flowing 1,500 to $2,000. He pays it down. He might promote it.You’ve all the time talked about having a number of exit methods, and that’s what you could have once you purchase these properties. So long as you consider alternative ways of, would you like the money movement? Would you like the HELOC? Do you want additional cash? Are you going to do one other deal? So we sort of talked via all that, however as a result of I used to be so lucky on my first two offers and since the value factors are so low, we’re sort of mitigazing that danger, which is nice.

Henry:
What was it like engaged on this property along with your dad and your son, seeing one thing go from what it was once you bought it to this funding property that’s producing earnings?

Kent:
It’s implausible. I imply, it’s good phrase of my son after which my dad comes out and helps out. I imply, we simply have a great time. My nephews would come down and do some portray. So virtually have a celebration and simply hang around after which we simply feed all people and get free labor. It’s implausible.

Henry:
All proper, Kent, thanks for sharing that story. That’s tremendous cool, getting your loved ones concerned and nonetheless pulling off one other amazingly nicely money flowing deal. I’m assuming there’s some extra and we’ll dive into these offers proper after the break. All proper, we’re again on the BiggerPockets Podcast. I’m talking with investor Kent Lengthy, who has pulled off some fairly superb money flowing offers. Now we’re onto what seems to be like deal four-ish, if you wish to rely deal three. It was your son’s deal technically, however you helped him with that. So deal three and a half. So what’d you do with deal three and a half?

Kent:
Discovered a duplex, I imagine it was available on the market for 65 and I bought it for 55 in fairly fine condition. The kicker was there was tenants on the primary flooring already, so ideally I’m going to maintain them. After which I truly, you’re not going to like this, I paid a contractor to do the work.

Henry:
No, I really like that. I feel you need to completely try this.

Kent:
So I bought a $25,000 renovation mortgage with my industrial mortgage. The $25,000 paid for the second flooring renovation, so portray, placing in a kitchen and flooring.

Henry:
Did you allow the tenants on the primary flooring at market rents or did it’s important to elevate rents?

Kent:
So their hire was $450 a month.

Henry:
Okay.

Kent:
So I got here in and was like, once more, I took this from one in all your earlier podcasts is not only soar them as much as market charge. So I simply sluggish rolled them, I’ll enhance you 100 bucks a month for a number of months and I want you to ultimately get to 750. 750 continues to be a little bit beneath market, however they’re paying all utilities. And whereas that renovation was happening, they had been overlaying the mortgage

Henry:
As a result of

Kent:
It’s a $55 mortgage.

Henry:
Tenants aren’t silly. They perceive that you’ve got a mortgage and taxes and insurance coverage. Now they might not wish to pay extra hire, however they perceive. And I’ve all the time discovered that if I simply sit down and am trustworthy with individuals, share the plan and provides them a say in how we get there, they’re a lot happier. Market rents are X. That’s the very first thing, proper? It’s to indicate them. Should you transfer, you’re going to be paying 850 a month for a similar property, or I can allow you to keep right here for 750. That’s the place I bought to get you to. Are you able to assist me provide you with a plan to get you there? If I’ve bought to tweak your hire each month, how a lot can we afford to go up each month? And after I give them a say in it, they don’t really feel like I simply did one thing to them.
They really feel like they started working with me to maintain them of their residence, which is all the time a greater technique. So buy worth, 55. Renovation, 25. So that you’re all in for $80,000 and you bought the one tenant on the primary flooring as much as 750 a month in hire. And what had been you in a position to get within the second flooring?

Kent:
$1,000 for the second flooring, two bed room.

Henry:
All proper. So 1750 gross rents on $80,000 of debt. This can be a latest deal that you simply present in an reasonably priced market that produces a ton of money movement. There are markets like this everywhere in the nation. I really like that you simply’re utilizing methods like traces of credit score and group banks to develop your enterprise. That’s precisely how I grew my enterprise. And I just like the tempo at which you’re doing these offers as a result of it looks like you’re doing a few deal each six months or so. Is that this your solely job or are you working another job on the similar time?

Kent:
So my 9 to 5 as a regional supervisor, as an occupational therapist, I oversee 18 expert nursing facility remedy departments.

Henry:
So that you’re doing this part-time with a full-time gig the place you’re touring a ton. How a lot time you’re placing in on a weekly or month-to-month foundation into your actual property enterprise?

Kent:
I wouldn’t even say an hour or two every week. If I do three or 4 a month possibly.

Henry:
Yeah. I like this. I just like the story as a result of most actual property buyers are mother and pop of us similar to you and similar to me to some degree the place you do just a few offers right here and there, you get them stabilized, and then you definitely transfer on to the following one. You do it in your spare time. It’s not one thing that you simply’re taking your whole focus and also you’re in a position to nonetheless produce good earnings and money movement when issues are finished the suitable means. I really like that you simply’re leveraging the group banks. I really like that you simply’re leveraging HELOCs and contours of credit score, however that is simply primary actual property funding technique. This isn’t new. That is actually issues which were round for many years. Anybody can do this sort of technique. So your objective entering into this was to purchase belongings, produce passive earnings. The place do you are feeling like you’re on that roadmap?
Since you’re nonetheless self-managing, so there’s some work concerned there. You’re doing among the renovations right here and there, so there’s some work concerned there, however you’re additionally producing a great quantity of earnings. So what number of extra offers do you assume you must do earlier than you may actually begin to take away your self from a few of these issues?

Kent:
My preliminary objective was to do 10 in 5 years, and I feel I’m going to get eight finished in most likely possibly three and a half years.

Henry:
Earlier than we get out of right here, let’s sort of give all people a recap of your portfolio. So what number of offers have you ever finished? What number of doorways do you could have? How a lot money movement is it producing?

Kent:
I’ve 4 properties, two duplexes, two triplexes, after which they’re money flowing $5,500 a month presently proper now. And that’s in a two-year timeframe.

Henry:
That’s fairly cool. And that features your fourth deal, which seems to be such as you purchased a duplex for round 90 grand and also you turned that one right into a triplex?

Kent:
Right. That one was the largest renovation after which the largest workload for me for positive. The duplex was already finished. There was new flooring, some carpeting. Each of these leases had been able to go after I purchased the property. I put two renters in there instantly, after which I’m getting 950 every for each of these. After which the primary flooring was an previous nook retailer and it was a catastrophe. It was soiled. There was an previous deli fridge nonetheless sitting in there that I had to make use of a sledgehammer to get out of there as a result of it was so large. After which I took about two dumpster fulls of rubbish to even get that first flooring cleaned up, and I transformed into a 3 bed room, one bathtub on that downstairs unit.

Henry:
And what was the funds for that renovation?

Kent:
About $30,000 I put into

Henry:
This. So that you’re all in for 120 and also you rented that again unit for the way a lot?

Kent:
1200.

Henry:
In order that places you at complete gross rents of about $3,100. $3,100 on $120,000 of debt is phenomenal money movement. And so this one was an available on the market duplex once more as nicely.

Kent:
Right. Yep. I simply bought it refinanced and I’m in a position to pull 83,000 out of it, after which I’m paying my HELOC all the way down to zero with that. Oh boy.

Henry:
Yeah.

Kent:
And also you begin once more.

Henry:
So in any case of those offers, what’s the objective going ahead? Are you going to attempt to get to 10 in your timeframe or are you going to judge your self after this eight?

Kent:
Ideally, I might like to get 4 extra within the subsequent 12 months and a half.

Henry:
Okay.

Kent:
And after I flip 50, a 12 months and a half from now, simply sort of be finished after which retire my 9 to 5

Henry:
Job. All proper, Kent, thanks a lot for sharing this story. That is such a cool story. What superb offers. I really like that you simply’ve finished this in a latest timeframe. I really like that you simply’re shopping for the properties available on the market and I really like that they’re producing money movement that’s getting you to your targets, looks like forward of time to the place you may truly go away your 9 to 5. I really like that you simply had been in a position to herald your son and your dad and have all people work collectively to construct wealth as a result of that’s actually the dream. These bonds and people reminiscences final perpetually, and it’s fairly cool to have the ability to share that with your loved ones. So thanks for sharing that story.

Kent:
Yeah, I recognize the time. Thanks a lot, Henry.

Henry:
Thanks very a lot. And thanks guys for listening to this episode of the BiggerPockets Podcast. Once more, if in case you have a narrative you want to share on the podcast, then you may go to biggerpockets.com/visitor and you’ll apply to share your story with us proper right here on the BiggerPockets Podcast. As all the time, thanks for listening and we’ll see you on the following episode.