Maximizing monthly cash flow per unit

[Paul Lucenti]

We started this journey 2 years ago - We just pulled off our best deal yet! 

After going through the ups and downs of dealing with Section 8 Landlording, we finally learned how to maximize our profit per door. We focused on where we went wrong with the first couple of homes we purchased. We always chased around $500-$600 a month in profit per door. 

We didn't think it was possible but we got over $1100 in net cashflow on 1 property. Mainly focusing on our location while also keeping the total cost of the homes in mind. Finally we purchased a home for $130k (Sales price) with a mortgage of $950. The home was submitted with PHA (Section8) and the rent came back at $2,075 (fully guaranteed). 

With the failures we endured in the past - we were able to take out original goal of $500-$600 per door and were able to double that with just 1 door. 

The journey continues and now we know where to direct all of our focus!