Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
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

Updated almost 7 years ago on . Most recent reply

User Stats

28
Posts
18
Votes
Edward Smith
  • Investor
  • Milwaukee, WI
18
Votes |
28
Posts

Lock Box or no Lock Box

Edward Smith
  • Investor
  • Milwaukee, WI
Posted

Quick questions BP. I purchased a home that's about 2 hours from me. I've sold a couple of homes in this same area. The ones that I whole-sold have all had lock boxes on them and it has never been an issue. Since I plan on keeping this one would it be still be ok to put a lock box on it and collect the DL from every one viewing it? Or would that be to inviting to scammers. Thoughts opinions advice?

Most Popular Reply

User Stats

2,227
Posts
1,775
Votes
Mitch Messer
  • Rental Property Investor
  • Playa del Carmen, México
1,775
Votes |
2,227
Posts
Mitch Messer
  • Rental Property Investor
  • Playa del Carmen, México
Replied

Hey @Edward Smith. We've been "showing" houses via lockbox for over a decade. Once you get a system, you'll never go out to show a house again!

Do it by appointment only: Do not just give out the code. Get a name, cell phone and email from everyone who wants to see inside. Don't tell them about the lockbox, just say someone will get them inside at the appointed time. Call them at the set time and, if they are at the house, talk them through getting into the lockbox. Have them call you back when they are done so you can help them lockup. Tell them that someone else is coming to see the home after them, but that they have about 30 minutes. Give them 20 minutes and then call if you haven't heard from them. When they are done, walk them through turning off any lights, locking all doors, and returning the key to the lockbox.

Be sure to use the push-button numerical lockbox that connects the key to the removable access face-plate, rather than the kind that dispenses the key all by itself. That way you'll avoid folks losing the key or taking it with them.

Loading replies...