All Forum Posts by: Candace Price

Hi guys,

What do you guys think of the best podcast for the BRRRR strategy

I have a long flight coming so I thought I can spend my time by listening to something educational

Thanks in advance

I’m trying to rent a house which I recently bought,

If I rent it. Am I suppose to charge property taxes separately? Or should that be included in rent?

Should I charge basic rent plus

-property taxes

-hoa?

-maintenance?

-anything else I’m missing?

I thought some of the pros would be able to guide me in the right direction as this will be my first rental...

Thanks!

@Jason D.

Can you help me where I can find BP leases?

I’m trying to put a house for rent.

Any lease template I can use from here?

Thanks in advance.

@Jake Stuttgen

Thanks, that was very helpful.

How do you check market comps? And how would you recommend posting the property for Best rental results?

@Jason D.

Thanks for the reply, any websites or apps to Check market comps without using help from a realtor?

Also how would you recommend listing the property for rent?

@Jake Stuttgen

Thanks for the response, I will definitely contact a local realtor and a PM. But I would like to know what kind of a return a basic rental property should generate?

For example, let’s say I bought the property for $85k plus 5k in renovations.

If I get a loan on it, as an investment property, bank will loan up to 80%?

So what should be my min cash on cash return that I should aim for?

Hi

I just bought two properties at the foreclosure auction, And I’m thinking if I were to rent it out what is the basic rent that I should charge?

Maybe somebody can help me on what they think of the rent that I should charge what is the rule of thumb?

Property one bought for $85,000

Property two bought for $144,000

Any help and advice would be greatly appreciated thanks in advance!!!

Can anyone suggest a good bank for a development loan?

I have 2 properties under contract one is fully developed and one is not developed, but approved for 10 lots.

Need a good banker who would be willing to look at the deal?

I’m in Georgia.

Thanks in advance

I have few properties that I recently bought with all cash, for roughly $1 million, the appraisal came at $1.5 million.

So what would be my best strategy to cash out?

I talked with some bank, they will lend 75% of the purchased price.

But it would be really good if I can get 80-85% of the appraised value, and use that cash to buy additional properties.

What do you guys recommend any ideas or suggestions for me?

Thanks in advance!!