How is anyone making $ right now?

[Ell Jay Lindsey]

Hi, I'm a new investor with 2 rental properties (Paid Cash, Full Renovations needed on both so that's where my experience comes from, now their successful rentals) & a fairly successful small multi-family flip out of state. I analyze multiple off-market deals thru wholesalers & my local network that know I'm a "Real" cash buyer on a daily basis and I can't get ANY deals to pencil out to cashflow if using the BRRRR method at 7-8% rates. Cut the purchase by 50% off asking, little to no renovation budget & still deals aren't cash flowing if you pull any money out. What am I missing? How are people making a "business" of investing using this method at this time? Those same deals with logical numbers I can flip & make $15-$20k estimated but personally that's not what I want to do....but is that what most are doing right now just to keep their Real Estate business flowing?