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13 January 2025 | 11 replies
-- We focus on verifying 2-year work history and verifying rent payments with last 2 landlords (unless in same property for 5+ years).3) MoveIn Specials: be careful with offering "free rent" as will just attract tenants with no cash.-- Try free TV or something else worth 25-50% of one month of rent.-- Or, what we do is offer the free rent AFTER & ONLY if they pay their first 3 months of rent on time to earn it.4) Lower the rent 5% every 2-4 weeks until activity picks up.5) Understand this is the worst time of year to find tenants.-- Starts picking back up end of February when this tenant pool starts getting their income tax refunds and aren't broke anymore.6) Section 8: where is the property being advertised?
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14 January 2025 | 4 replies
They generally will offer greater appreciation, as well.
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9 January 2025 | 9 replies
I know when you make an offer you typically specify how you plan on funding the deal.
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11 January 2025 | 4 replies
I completely agree that luxury rentals need to offer more than just aesthetic appeal; they need to resonate with tenant expectations and justify the premium rents.
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15 January 2025 | 6 replies
Durham tends to offer slightly better cash flow opportunities compared to Raleigh, especially if you’re targeting neighborhoods that are up-and-coming but still affordable.
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16 January 2025 | 9 replies
At $15K a year, that's just bare minimum without any of the other modules that Yardi offers.
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10 January 2025 | 4 replies
Quote from @John Friendas: I am trying to find the cheapest funding on a property I recently offered on.
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13 January 2025 | 1 reply
The Outlook St deal offered a unique opportunity for a rapid turnaround with minimal investment.
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14 January 2025 | 10 replies
Quote from @Austin Jones: As a realtor focused on helping investors in the Richmond area, I’d love to offer some insights.
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14 January 2025 | 4 replies
Sometimes, just offering to handle some basic admin work or help with marketing can get your foot in the door.If you’re not sure where to begin, you could take a quick online course to brush up on the tools or skills you think might be useful.