Are you, or your family still able to find deals that cash-flow using your analysis method?

I feel bad with people making these kind of monthly profits...listening to too many podcasts about using BRRR method and thinking $200 a month is a win....one thing goes wrong at the property and you are wiped out for years on profit for that unit...

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

It's for an increase in rent 10% only and changing the method of payment from electronic to money order

We secured hard money for the pre-approval; however, we'd be interested in comparing terms with other lenders over the next few days.

He pays what you call regular income tax PLUS 15% self-employment tax (Soc Security/Medicare).

I am hoping that I can scale up sufficiently where a bank or a lender (private or commercial) is willing to look at us for financing and hopefully refinancing the whole portfolio or give us financing where we can start purchasing in with methods so we have more options on the table given that seller finance deals are hard to come by some times.  

My name is Jeff Morys and I am looking to learn to use the BRRRR method haha.My goal is to buy a duplex, live in one side, rehab and rent the other half.

I assume you have a security deposit?

But what method landed you that first deal?