
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.

19 April 2024 | 4 replies
That will help with DTI.Put a pdf-package together with your financials, summary on the first page, shop it around, should not take you long.

22 April 2024 | 39 replies
I dont have a choice all my banks require at least annual update financial package to include :Tax returns.copy of all K 1sPFS ( Personal Financial Statement)When I had an airplane loan that lender required the same.. and I think some DSCR loans require these ( I dont have any DSCR loans just what I have read )

20 April 2024 | 19 replies
I want a tangible asset that builds wealth over time not a one time thing I'd wholesale, flip, work multiple jobs, deliver packages, pizzas etc until I got enough cash to buy a place before I did arbitrage

18 April 2024 | 2 replies
The deals are a package and splitting them is not an option.

20 April 2024 | 100 replies
Anyways… After talking to a member of your officer team I needed to buy a different package and pay more money to get what I wanted.

19 April 2024 | 10 replies
Go directly to the hospital or corporation and ask them the point of contact of the agencies who handle the contract relocation package.

18 April 2024 | 141 replies
Limit the fast food.

18 April 2024 | 1 reply
I had the privilege of attending the House subcommittee meeting reviewing the package of bills this week; there were about 30 folks representing a number of towns and associations in attendance to testify for or against the bills.

18 April 2024 | 8 replies
I do realize this seems like a lot, but if this is given to any good lender, they'll have a pretty complete package to underwrite.