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21 April 2024 | 8 replies
Indeed, I don't want to get into an argument with Henry Clark mainly because he invests there and I don't but also because I don't like being negative, wasting energy on arguing and I highly respect and appreciate Henry and his many contributions to this very forum.
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23 April 2024 | 30 replies
Full budget v actuals for last 12+ monthsFull outline of various options and projected outcomes for eachIf the GP has already contributed capital to the deal, how much, and where it falls relative to LP equity (both initial and any current calls)And, while it isn't required, the right thing to do would be to hold a live conference call with investors, allowing for full q&a time.
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22 April 2024 | 14 replies
Both your tenants and other tenants contribute to what that "neighborhood" looks like.Other things that come up are neighboring businesses.
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20 April 2024 | 12 replies
You and your co-gp are really raising $350,000 of equity, not $500,000 since you are contributing $150,000.00.
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21 April 2024 | 8 replies
Notably, personal visits for maintenance purposes do not contribute to personal use calculations.
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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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21 April 2024 | 12 replies
So now, the Fed has contributed to raising rates for your average home buyer, but what about people who already own a home?
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20 April 2024 | 6 replies
As long as my total portfolio is cash flow positive and contributing to my ability to accumulate property, I’m happy.
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22 April 2024 | 39 replies
Aside from my banks, I just want to know what it is because I want mathematical confirmation that the crux of my actions over the course of a year (I actually track it about every few months if I'm not submitting it to someone) are contributing to rather than subtracting from my pot of gold.
18 April 2024 | 4 replies
Rental bought in 2023 and initial return.For assets - Cash, depreciable assets less accum deprn, landFor liabilities - Open credit card balances (Charged rental improvements and expenses on 0% interest credit card)Partnership equity - Cash contributions less net lossMy assets are greater than liabilities + partnership equity