All Forum Posts by: Daniel Molina

 Hi Austin! Sent you a PM.

 Hi Brandon! Sent you a PM.

Hello! I am looking at potentially investing in the Richmond, VA market. I'd like to connect with an investor friendly agent who has knowledge on the market and has investments of their own in this market. I am currently in the beginning stages of analyzing homes in the market. Would like a BRRRR property and a property that would be a long term buy and hold.

Hi Denise, I second Rentredi. I use it myself for my rental. It allows you to screen applicants, submit maintenance requests, and receive rent. 

I am looking into the Richmond market for a rental property. I'd love to connect to discuss the investing in the area. I would be open to any additional questions you have about property management apps and/or land lording. 

Hello all, I am looking to connect with an experienced investor who has done a BRRRR project locally in the Sacramento/Northern California area. I'd like to connect with someone who knows the local market as this is where I would prefer the property to be at since it is close to me. I recently read David Greene's BRRRR book, and it is my main priority moving forward.

I have some experience in real estate investing. I've done some hands-on rehab work on some flips and rentals and own a single family rental home. I would like to make the next step and work around getting a BRRRR deal locally.

House flippers would be awesome too!

Hi Keon, I agree with Theresa and Bill as well. Finding out what market rent is the first step into knowing if raising rent makes sense. 

I can understand your concern of not wanting to lose your tenant due to a rent increase. Especially if you consider your tenants great. I have great tenants and recently raised their rent due to market demands and expenses. I was only able to do this because I had the numbers to support (similar housing rents, increase in expenses) that it was a reasonable raise in rent. 

Most tenants will understand the rent increase if you have some numbers to justify it. Moving to save a few $20-40/month doesn't make sense if housing similar to yours also charge the same or very similar in price to your rent price.

Hi Ashley, I am a local investor in the Sacramento area. I am looking to build my network of investors locally as well. I am open to chat!

Hi Hugo, midterm rental can provide you much more cash flow than traditional long-term rentals. I think renting to travel nurses is a clever idea. I'm an investor from the Sacramento area as well. Currently own one long term buy and hold single family property. I did some research on renting by the room when I first acquired this property. Search "rent by room biggerpockets" on google, and "renting by the room" on youtube and reddit. You will find some good feedback based on experience from people who have done it before. It is definitely a great opportunity to make major cash flow. Understand renting by the room requires some sacrifice and giving up some comfortability. Either way I am a fan of renting by the room. I'm always open to building a network with investors in the Sacramento area. Send me a PM.

Rentredi 100%. I believe if you have Bigger pockets pro you get a discount. 

Hi Tammy, since each monthly rent payment is its own, I would agree it is for each month’s payment that is late. Do you have a standard late charge for rent being late? I would just multiply that amount by the number of months that were late.