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22 April 2024 | 4 replies
It’s around 1% fo all home transactions and the average down payment on seller financed deals is 25%.So all those grooves out there, tell you you can get seller financing with 0% down are like lottery stores telling you that you can hit powerball.Technically yes you can, but they forget to tell you the frequency of it happening
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22 April 2024 | 9 replies
There are also state laws dictatig the maximum quantity of the security deposit and how it is to be collected and stored
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21 April 2024 | 9 replies
They also have the ability for tenants to pay with cash to a retail store and have it deposited into your account as well.
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20 April 2024 | 6 replies
New LVP flooring upstairs to replace all the carpet, new cabinets and countertops in the 2.5 bathrooms, new fiberglass shower in the guest bathroom, new walk in shower (tiled) in the master bathroom, next lights/sinks/faucets/toilets/etc in all bathrooms, new paint on kitchen cabinets, new pulls on kitchen cabinets, new ceiling fans throughout, and fresh paint throughout.
21 April 2024 | 29 replies
I think you should at least get all your finish material pricing figured out first by going to the material stores and also getting quotes.
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19 April 2024 | 6 replies
I-if it's "big expense", I get ahead of this issue by whipping out a receipt book (you can buy one at any store like Target, Wal-Mart, Staples, Office Depot, etc) and jot down the work that was performed, materials, hours, amount of people, other expenses, etc.
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19 April 2024 | 12 replies
Hi @Ryan Davis,I started, fresh out of college, as an assistant to a seasoned LO, with 20 years under his belt.
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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.
18 April 2024 | 7 replies
Softwares can have differing "freshness" of data based on locations they support.For example, one software may update their pre-foreclosure list for Akron, Ohio 1x a week and another 1x a month.
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21 April 2024 | 240 replies
Fresh paint with the baseboards and trim in gloss white.