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24 February 2025 | 37 replies
All my tenants in various cities that have had renewals offered have accepted, except for two in coastal SC cities as they're moving states.
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14 January 2025 | 4 replies
They generally will offer greater appreciation, as well.
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10 January 2025 | 6 replies
National banks typically do not offer products that suite your needs here. 2.
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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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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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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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19 January 2025 | 18 replies
The primary requirement is that the expected rent would cover the mortgage on the home - and that expected rent is typically determined by a combination of the appraiser and some service like airdna (a site which determines fair market rent).
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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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27 January 2025 | 21 replies
By teaching them how to make money instead of offering a crutch.
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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.