Skip to content
Real Estate Deal Analysis & Advice

User Stats

175
Posts
308
Votes
Michael Beeman
Pro Member
  • Casey, IL
308
Votes |
175
Posts

0-12 units in my first 3 months; 1 yr after a bankruptcy

Michael Beeman
Pro Member
  • Casey, IL
Posted Aug 1 2017, 07:07

Good morning. In April 2016 I had to file bankruptcy from debt that could not be managed anymore after a divorce. I turned 34 this morning, and I just wanted to say Thank You to everyone at BP. I found your show/website last December; and started my LLC March 3rd. We closed on our first Tri-plex May 15th (got our first tenants on July 1st after some renovations). We close on a Duplex in two days (bringing our total to 12 units); and if it wasn't from all the knowledge and inspiration that I have gotten from BP. I don not believe we could have accomplished so much, so quickly!! We have 11 of 12 units leased up with pre-screened tenants (Ty BP for the tenant screening guide) We have our eye on 5 more units, and we will hit 25 units (that cashflow 100-200/door) in our first year!! So, Thank you so much. I may be a "Newbie" but, I don't feel like it with all that I have learned from you guys!! Thank you So Very Much!!

Loading replies...