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Updated over 7 years ago on . Most recent reply

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

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

Michael Beeman
  • Casey, IL
Posted

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!!

Most Popular Reply

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3,946
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Brandon Turner
#3 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
3,946
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13,324
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Brandon Turner
#3 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
Replied

So awesome @Michael Beeman! Love to hear stories like this. Keep acquiring and then come tell your story on the BiggerPockets Podcast! www.BiggerPockets.com/guest :) 

  • Brandon Turner
  • Podcast Guest on Show #92
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