As matter of practice, how much notice do landlords in the BP community give their tenants of a rent increase?

I have since then increased my net worth to over 100k invested and completely debt free with a credit score of 745.

The industry standard is around 60-70%.

@Richard Anderson I routinely connect dishwasher to the disposal - there’s a standard connection on the disposal for that use.

Now that the Fed has signaled rate cuts in 2024, the expectation is that deal flow will increase again in the second half of the year.

There is a lot more that goes into it than a standard wholesale deal, but plenty of benefits to going that route.

The institionalized players typically have 100-200 BPS lower rates than standard hard money lending players but they're clunky and have lots of requirements its almost like the instituional HML should be called "hybrid hard money or hybrid bridge money," because of all these requirements.When we're working with those instutionalized players we usually have to do almost as much work as a conventional loan (1-4 fannie, not quite but almost as much).If you'd like to learn more about the different options or get a sounding board on what options are out there feel free to reach out and we can talk shop.

In the DSCR world, there's more than a 1% difference between a 70% cash out refinance and an 80% cash out refinance and with that increase, the rents may not carry the mortgage payment at 1.25%. 

Keep an eye out for indicators of population increase or steady housing demand.The BRRRR approach may be appropriate for older properties, particularly if they require renovations.

My initial intent was to sell the property to another investor to increase my capital and invest that into other projects, but I have changed my mind and want to use it as a rental.