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