Quote from @Chris Seveney: Quote from @Keith Wilson: Any feed back is welcome  Have not taken the course but BRRR is basically dead right now due to interest rate environment - so if you take it I am not sure you can implement any training you learn at this time.  

Malls have been dead for a long time now.

I think the dead giveaway is the rate and points. 5% is too low for anyone to lend now.

Hoping" for me was never a strategy as the future is unpredictable.I hoped my $480,000 condo in Chicago would appreciate and it didn't move since 2018.My tenant a crypto exec has been paying me $3,000 in rent on the 28th of each month like clockwork for 5 years now.No capex, no issues at all and that has been a breeze.3% ROI isn't sexy enough to me tho 🤷‍♂️I'd probably be cheering right now if it moved up in value but it's been a dead deal in my eyes.But it is what it is.The numbers in a deal TODAY per se don't rely on hope and are a more predictable outcome.Granted, the numbers need to be "worked" and a more "hands on" approach is needed in such markets.Thanks Hi Engelo, you have been doing this for a long time and I know you have the skills and tenacity to manage high-cash-flow properties, but you have to admit, you are working hard for your cash flow, this is not passive at all.

For those with STRs there, what is occupancy rate and is there still some demand in off months or are off months just dead?

If you're dead set on BRRRR, focus on areas like Linden, Hilltop, and parts of the South Side - but make sure you really understand the micro-markets there.

The main reason for this is to continue to do medical missions around the world  even when I'm dead.

It reminds me of the Charles Schwab study - their best performing retail investment accounts were from dead people that never closed out the account.

Everything you saying is echoing what I believe.Accountant by day 9-5 and own about 13 units between a few buildings with my lady and recently got into fix/flip in order to scale.Sounds dead on.

And now we're on the verge of a third collapse, with a deadly virus on the loose.