All Forum Posts by: Nicholas L.

@Sawyer Smith I've actually been thinking about this same topic recently, with an emphasis specifically on something you mentioned - "cut down on vacancy."  Assuming your tenants already pay on time, what's the best way to incentivize renewal?  One idea I am thinking about is offering a small discount on the first month of rent each time a tenant renews, possibly with a larger discount for a multi-year renewal.  There are a couple of great BP threads on this same topic - here's one from a couple years ago that was particularly interesting:

https://www.biggerpockets.com/forums/52/topics/422047-do-you-reward-your-residents-at-their-lease-anniversary-if-so-ho

Hi @Linda D. yes, Matthew Desmond was interviewed on "Fresh Air" I think early last year.

Has anyone read "Evicted" by Matthew Desmond?  I thought it was a pretty even-handed portrayal of the situation.

Hi Chris - I will be there!  I found a thread in the BP forums from about the same event 2 years ago - and it sounded like fun to me.  I bought the Groupon for $39.

Anyone going to this?  

https://www.realestatewealthexpo.com/expo/nynj

If Pitbull can't teach you real estate, then who can, you know?

Hi all - I have an interesting situation with my first Homepath property (a condo) and I am hoping to get some advice.  In the process of making an offer (but just prior to submitting!) we discovered that there is a major structural issue that was identified in 2009 and has not yet been fixed.  I am still interested in the property but given the scope of the repair, I'd like to get a couple of estimates from contractors first so I can factor them into my bid.  My concern is that during this process someone else might bid.  I am assuming that, given the parameters of Homepath, there is nothing I can do and no way to negotiate this into the contract, but I wanted to see what others thought.  Thanks!