Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Daylen Fiallo

Daylen Fiallo has started 16 posts and replied 67 times.

Post: Financing options & DSCR Underwriting

Daylen FialloPosted
  • Specialist
  • Miami, FL
  • Posts 72
  • Votes 24

Hi Brian,

DSCR lenders will be more conservative and usually have a 1.25x DSCR rule.

Post: Struggling to make properties work in my area

Daylen FialloPosted
  • Specialist
  • Miami, FL
  • Posts 72
  • Votes 24

Hi @Joseph M Limpert

In order to cash flow in today's market is important to look at strategies that will make it work. You can find additional income by converting a garage to studio or converting a side of the house to a smaller apartment.

Hi @Nick Tarantino, It is hard to invest in a couple of houses in Florida at your savings amount. I would start to get my foot in the water by investing with FHA as you mentioned and learn about the market and its strategies.

Post: Looking for a commercial brokerage

Daylen FialloPosted
  • Specialist
  • Miami, FL
  • Posts 72
  • Votes 24

Hi Everyone, I am looking into growing more as a commercial real estate agent. Does anyone have any recommendation of a South Florida or national brokerage that is helpful in training and guiding?  Thanks alot.

Post: Air BnB friendly cities in SE FL?

Daylen FialloPosted
  • Specialist
  • Miami, FL
  • Posts 72
  • Votes 24

Dade county is great for short term rentals, just be aware that there is alot of competition.

Hi Eric, most of the time tenants are expecting an increase in rent when they know that they are paying under market. I would not raise it drastically to $2100 but somewhere in the $1,900-$1,950 considering that they take good care of the property and never bother you. In conclusion don't lose money because if they want to move out they will not be considerate of you. 

Hi Anthony, 

Multi-family would be a great option to start, but you can also see potential in a 5-3 or 4-2 single family with garage. You can convert the garage into a living space and rent it out or live there yourself.

Post: is buying your first rental property out of state a good idea?

Daylen FialloPosted
  • Specialist
  • Miami, FL
  • Posts 72
  • Votes 24

Hi @Mario Fernandez please let us know if you can what you end up working on, sounds like a good learning opportunity.

Post: Real estate journey update !

Daylen FialloPosted
  • Specialist
  • Miami, FL
  • Posts 72
  • Votes 24

Amazing job! Keep it going :)

Post: Assistant Property Manager Position

Daylen FialloPosted
  • Specialist
  • Miami, FL
  • Posts 72
  • Votes 24

Hi Everyone,

I'm a recent Finance and Economics graduate and currently working as a financial analyst. I'm looking for an opportunity to work as an assistant to property manager as I don't have the experience to be a property manager myself. I would love to get into the field, but it is been kind of hard, any advice. I'm in the Miami/ Fort Lauderdale area.

1 2 3 4 5 6 7