348: How To Raise Rents, Update On Florida Income Property
Get Rich Education
English - June 07, 2021 08:00 - 50 minutes - 45.4 MB - ★★★★★ - 587 ratingsInvesting Business Careers passiveincome business creatingwealth income kiyosaki money real realestate realestateinvesting rich Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
With only small rent increases, your cash flow can rise 20-50%. Learn how to successfully achieve these small rent increases.
Also, learn what to never say to your tenant. It’s a mistake that I made.
Make gradual rent raises and provide justification for the increase.
Florida’s surging net in-migration provides tons of rent-paying tenants. The numbers work here for out-of-state investors.
Learn more & get properties at www.GetRichEducation.com/CentralFlorida
These new construction SFRs are often $200K. Investors must come in all-cash and do a cash-out refinance later.
This BRRR is: Buy, Rent, Refinance, Repeat. (No rehab.)
Rent-to-price ratios are near 0.8%. Insurance premiums are often extremely low on these brand new builds.
Renter demand is astounding. There are more than 1,000 tenants on waiting lists for these new-build Florida SFRs on quarter-acre infill lots.
Get started with new construction Florida income property at: www.GetRichEducation.com/CentralFlorida
Resources mentioned:
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www.GetRichEducation.com/CentralFlorida
Show Notes:
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