Kill the cow and get steak for a week or milk the cow for years.

It will need some effort in terms of improvements or tenant recycling etc. which are additional costs (time and/or money).

I plan on flipping as many boards as I can to recycle and replace what I have too.

I'm a new wholesaler and I'm curious to hear other people's experiences recycling their cold call list.

@Jesse SteinI found myself dealing with the same refi vs. sell dilemma on a couple small mobile home parks I bought in a rapidly developing area.I love the idea of refinancing your money back out, as you can keep a cash-flowing asset you're familiar with and recycle your capital into the next deal.

Virtually every state has some kind of anti-milking language that allows tenants to have some redress from poor living conditions, but this is not a valid excuse to not pay rent.

Hi Michayla,First step is go visit Aunties Father with the dog (all clean and nice and a kerchief around the neck), bring a box of milk bones and go there and sit with him for a while and see if he likes the dog.Give him the box of treats and encourage him to feed the dog (make friends with it).If he still says no, --cry-- and beg, please please....Tell him you won't be there forever, just a short time.If that doesn't work, offer him $50 a month cash for having to put up with the dog.If he says no keep upping it by $50 a month until he says yes...even if it's a Thousand Dollars (100  month, 150  a month, etc...)Then when (if ) he says yes to an amount....Tell him you can only afford $50 and that's what you will pay.and then TRY TO pay him on time...Come with $50 in your pocket and if he says yes, leave it with him to seal the deal.Then when you move in, have him walk the dog a few times and let him become friends with it.If the resident on the lease currently says no dog inside, it's no dog inside.If you are on the lease, I suppose you could force the situation on your roommates--talk to the apartment manger about this though.All the manager can do is NOT prevent the dog inside if you are legitimate with you emotional support claim.

There are all kinds of people out there and some not all are scam artist thinking they can milk the insurance company but in reality the insurance only covers the property and loss of life in a catastrophe not the belongings of the tenant so sorry for this long post but I would encourage landlords to communicate with their tenants of potential loss of personal belongings will not be covered and also go over your policy to insure information.

Ive found BRRRR to be very helpful in recycling cash and creating new Cash Flow.

It's very doable, but if you think "I have 50k I'll keep recycling it", you'll be going pretty slow if you don't find other funds (which may be fine if you want to do 1-2 deals/yr).