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20 April 2024 | 2 replies
I wanted to post it just to pique some interest and hope to hear some opinions as it covers two of my favorite subjects.
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19 April 2024 | 5 replies
I want to put in place some incentives for new tenants and want to know if anyone on BiggerPockets has done something similar.Here are a few ideas I have had:First Month Free: Sign a 13-month lease and get your first month freePets: No pet fee for the first 6 months, year, etcRent Discounts: Offer a discounted rent for the first month or two fortenants who sign a pre-lease agreement before a certain date.Waived Fees: Waive application fees, administrative fees, or securitydeposit for tenants who pre-lease.Free Utilities: Offer to cover utilities such as water, electricity,or internet for a certain period for tenants who sign a pre-lease.Upgrade Packages: Provide upgrades or amenities such as free parking,access to a fitness center, or a smart home package for those whopre-lease.Gift Cards or Vouchers: Offer gift cards or vouchers to localbusinesses such as restaurants, cafes, or grocery stores as a signingbonus.Flexible Lease Terms: Offer flexible lease terms, such as shorterlease lengths or the option to renew at the same rate, to incentivizetenants to pre-lease.Refer-a-Friend Program: Encourage current tenants to refer friends orfamily by offering them a reward if their referral signs a pre-leaseagreement.Early Move-In: Allow tenants who pre-lease to move in a few days earlyat no additional cost.Guaranteed Parking: If parking is limited, offer guaranteed parkingspots for tenants who sign a pre-lease agreement.
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19 April 2024 | 4 replies
My favorite approach, however, is to call the city clerk and shoot 'em straight.
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19 April 2024 | 3 replies
I've changed apps, so I don't have my favorite episodes saved anymore.
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21 April 2024 | 240 replies
#BoomIts hard to find the right people and company and this is one of my favorite aspects of being part of Ohio Cashflow...
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18 April 2024 | 5 replies
The best way to find them is to just scroll through the titles of your favorite podcasts and you will see STR or MTR or short-term or mid-term or medium-term in the title.
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18 April 2024 | 3 replies
Analyze this with him and then 2) have him start bringing you properties that he has run numbers on, in a serious spreadsheet, have him sell you like he was your partner.When you think he's ready and has saved at least some money for a DP, help him get started with a little loan/gift.
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18 April 2024 | 3 replies
Once you are under contract, the attorney can build the mortgage, promissory note, and amortization schedule.Go to your favorite search engine and enter "owner financing real estate."
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18 April 2024 | 6 replies
Here are some of my favorite books in the BP Library:The Book on Tax Strategies for the Savvy Real Estate InvestorThe Book on Advanced Tax StrategiesThe House Hacking StrategyRental Property InvestingWhat do you feel like are key aspects of your business that you currently or need to review?
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17 April 2024 | 3 replies
Hey @Mordy Chaimovitz, whenever we have to seriously inconvenience residents, we've found that everyone loves a nice gift certificate!