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Updated over 5 years ago on . Most recent reply

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144
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Christopher Davis
  • Rental Property Investor
  • Boulder, CO
72
Votes |
144
Posts

Some positive tenant/ wealth stories?

Christopher Davis
  • Rental Property Investor
  • Boulder, CO
Posted

I just read an interesting post in this forum on the worst tenant/ trashed then rehabbed again experiences.

After months of reading Bigger Pockets books, taking in podcasts, forums, etc., I am starting to notice that buying 100k properties is usually in difficult neighborhoods, tenant problems, etc.

Question: there is an upside right? Is anyone building their wealth one house at a time BRRRR or otherwise?

I need some real world inspiration!

Most Popular Reply

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Dennis M.#5 General Landlording & Rental Properties Contributor
  • Rental Property Investor
  • Erie, pa
9,407
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6,023
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Dennis M.#5 General Landlording & Rental Properties Contributor
  • Rental Property Investor
  • Erie, pa
Replied

I got a good story . I just sold a house today to my tenant . Was a great feeling for all involved ! I get a nice return without the tenants termites and trash and she gets to own part of the American dream that she probably would have never had an opportunity to do otherwise . It’s possible to turn a tenant into a homeowner and everybody can win even the closing attorney wins! I even gave her a 50$ home depot gift card at closing as a house warming gift .

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