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23 April 2024 | 11 replies
Learn as much as you can and don’t discount this process as education for the future even if you don’t close
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23 April 2024 | 44 replies
If they are asking for a discounted rate, more than a LTR but less than your going rate, that seems to be a better indication they are real people.
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20 April 2024 | 4 replies
Could one buy a pool of mortgages from FNMA, split that pool back up into individual mortgages, then negotiate with the homeowner to purchase their own mortage at a discount, removing a huge stumbling block in the real estate market.
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20 April 2024 | 9 replies
At some point an offer will be accepted.Off-market deals can get you great deals at discount, but it's not easy.
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20 April 2024 | 7 replies
For Redfin to show comps you may need to login to view the past solds, if no sales data just discount a few % off the listing price since some markets are going for near retail anyway.
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21 April 2024 | 17 replies
I would do discounts on grass upkeep for sure, but I think single-family rentals need more curb appeal to get that right renter so some listing landscaping could help that instead of just a boring facade.
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20 April 2024 | 9 replies
- How many personal use days (sometimes including family or other discounted renters) do you plan to have?
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21 April 2024 | 22 replies
It took a while to get right - but we've had consistent success using a mix of research, mindfulness towards our neighbors/neighborhoods, conversations with cities, legal discussions, and as a worse case fallback is converting the home back to a single-family property and where we offer to manage it for a discounted price since it is a tough situation for all involved (this is very rare).Hope that answers your questions/concerns - let me know if I can provide any additional info as well.
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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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17 April 2024 | 7 replies
Dear, BP fellows, I have been looking for investment property loan info for AL and recently get quoted with 30years interest rate 7.625% with 2.125 discount point.