Are you generally seeing cash flow positive deals from day 1?

Purchase price: $150,000 Cash invested: $60,000 Rented it for $2195.

The BRRRR strategy is a systematic approach to real estate investing that revolves around five key steps:Buy: Purchase a property, often below market value, that has potential for appreciation and improvement.Rehab: Renovate the property to increase its value, make it livable, and improve its rental potential.Rent: Find reliable tenants who will pay rent, allowing you to generate consistent cash flow.Refinance: After the property is rehabbed and rented, refinance it to pull out the equity you’ve built through the renovation.Repeat: Use the cash obtained from refinancing to fund your next investment property, starting the cycle again.Step-by-Step Breakdown of the BRRRR MethodLet’s take a closer look at each stage of the BRRRR strategy to see how it works in practice.1.

You should setup multiple ways to accept payment.Our tenants have the following methods to remit rent (no cash) -1) Online payment sysem2) Zelle3) Bank deposit at Bank of America.4) Come to the office to remit funds.

- My first thought is offering cash, but the home owner would most likely just let it go to foreclosure because of how low the offer would be. - My second thought is offering some cash and taking over the loan - there are no liens on the property yet.

This allows us to 1031 exchange post-sale into a new deal, compounding cash-on-cash returns and deferring capital gains.Let me know if you’d like to discuss further!

Residential loans where borrowers do not need money but want the money (ie. they could have paid cash but want to have some leverage).AVOID:1.

Save your hard earned cash for down payments and repairs.    

The structure will depend on the down payment, quality of borrower, terms of note, your cash out of the note sale needs, and other factors. 

I am definitely conservative and plan to keep my job until the REI cash flow is proven for income.