348: How To Raise Rents, Update On Florida Income Property

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: Find new-build Florida income property: www.GetRichEducation.com/CentralFlorida Show Notes: www.GetRichEducation.com/348 Get mortgage loans for investment property: RidgeLendingGroup.com JWB's available Florida income property: www.CashFlowAndGrowth.com Ali Boone's Recommended Book: https://amzn.to/2NsMVlF EQRPs: text "EQRP" in ALL CAPS to 72000 or: eQRP.co By texting "EQRP" to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply "STOP" to cancel. Best Financial Education: GetRichEducation.com Get our free, wealth-building "Don't Quit Your Daydream Letter": www.GetRichEducation.com/Letter Top Properties & Providers: GREturnkey.com Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold

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This episode was published on June 7, 2021.

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