Potential for strong returns using the BRRR model.

Potential for strong returns using the BRRR model.

I'm currently moving through Udemy's online course in real estate, going through the BP reading list, and practicing building rental assessment models.

Fact - most Sellers may not accept your proposal to owner finance or other creative financing model - but it only takes a few of these deals to kickstart your progress. 

The 'shut off' notices, are the actual notice of them being kicked out of the home with a Category II condemnation.Personally, I do not focus on Cat 2, I want the dates of the notice to model with before it reaches Cat 2.

Which model are you planning on here? 

I’m sure as time progresses there are some small tweaks here and their with how the business may change over time but essentially the model would stay close to the same.

I'm nearly debt free but have a great score because I use my credit cards a lot but pay them off in full each month.You can try sites like credit Krama and they'll model the scenarios for you.  

It seems a bit akin to the AirBnb model where you could be a pretty easy victim to a change in local housing laws. 

You also need to consider all the costs involved with this business model.