Where to start with inherited properties?

[Alex Arritola]

I have 3 properties i have inherited from my father which are free and clear. All three need rehab badly but i personally do not have the money. The 3 properties currently have tenants. Can i use any part of the BRRR strategy to help fix and gain better passive income?

[Nathan Gesner]

Are there mortgages? 

I would save every single dime they produced until you have a nice reserve. At the same time, come up with a plan and a team. When you are ready, remove one of the renters, renovate, and rent the property at market rate. Rinse and repeat.

After they are all renovated with solid tenants in place, then you can talk to a lender about refinancing to pull out equity.