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24 December 2024 | 1 reply
While I’m not in Little Rock, I’ve found that networking with local brokers and property managers can be key to uncovering neighborhood-specific insights.
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26 December 2024 | 6 replies
You can learn the local market without the stress of a major rehab while you start building relationships with property managers and tenants.
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24 December 2024 | 5 replies
I question if you recognize the work and risk necessary to succeed in the current local market.
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23 December 2024 | 9 replies
@Gash Nookala,Renting can indeed be slower in winter, but here are some tips to boost interest:Enhance Listing: Ensure your listing has detailed descriptions and high-quality photos—consider professional photography if needed.Competitive Pricing: Double-check local comps; even a slight price adjustment or incentives (like a reduced deposit) could attract more interest.Broaden Marketing: Beyond Zillow, Hemlane, and MLS, use social media, community boards, and local business connections to reach a wider audience.Flexible Lease Terms: Offering shorter or month-to-month leases might appeal to tenants during this slower season.Local Property Manager: A local pro can tap into their network and help fill the vacancy faster.These steps should help you find a tenant despite the seasonal slowdown.
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31 December 2024 | 49 replies
Contact a couple local PM’s.
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28 December 2024 | 6 replies
Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.
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26 December 2024 | 9 replies
I currently pay a premium price for my turnovers for a local cleaning company that specializes in STRs.
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10 December 2024 | 1 reply
I recommend finding local meetups to attend. https://www.biggerpockets.com/forums/521I have found all of my best connections at local meetups.
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24 December 2024 | 6 replies
If you're expecting property owners to sell their home to you at a discount, you'll need to earn their trust - whether that be by demonstrating a successful track record with purchasing/selling similar deals OR by meeting them face to face and separating yourself from the dozens of local investors and realtors.Lastly, I'd recommend searching past posts related to this topic as well as checking out books related to your target investment strategies.All the best!
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25 December 2024 | 11 replies
Also know where your local laundromat is and what the pickup/delivery service is.