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Results (10,000+)
Nilusha Jayasinghe Tenant screening- credit scores and SSNs
25 July 2024 | 14 replies
I just wanted the credit score since that's something I already know about and know how to assess.Thanks for the update.
Kevin Pinkard Property Transfer to LLC
24 July 2024 | 6 replies
Update your lease and other documents to reflect the LLC.
Varun Hegde CFD Seller missing borrower's DL or proof of title insurance - is this a red flag?
24 July 2024 | 12 replies
I'll update the thread on what we settle on.
Daniel Vandenbos Rental Market in Schuykill County / Pottsville PA
25 July 2024 | 21 replies
I see updates about Pottsville's revitalizing effort every so often and maybe with remote work gaining popularity, inexpensive cities will be on the rise.
Travis Olszewski Our First Investment Property!
23 July 2024 | 5 replies
Underperforming rental income and needing to be updated.
McKean Farnell "I've heard about ChatGPT but I'm not sure how to use it..."
24 July 2024 | 6 replies
Here's a list of tasks where ChatGPT can be particularly beneficial:Initial Client Interactions: Use ChatGPT as the first point of contact on websites to answer basic client queries and gather preliminary information.Property Information: Automate responses to common questions about property listings, such as square footage, amenities, and nearby attractions.Appointment Scheduling: ChatGPT can help schedule property viewings or meetings based on the broker's availability.Market Updates: ChatGPT can be programmed to provide recent market statistics, price trends, or news to clients on demand.FAQs: Handle frequently asked questions about the property buying/selling process, brokerage fees, or other standard real estate queries.Document Explanation: Brief explanations of common real estate documents, terms, and jargons, ensuring clients have preliminary understanding before detailed discussions.Lead Qualification: By asking potential clients a series of questions, ChatGPT can help in initial lead qualification, filtering out those who aren't serious or ready to move forward.Feedback Collection: After a property tour or meeting, ChatGPT can gather feedback, which helps in improving services or adjusting property prices.Recommendations: Based on client preferences, ChatGPT can suggest properties from the broker's listings.Follow-ups: Automated reminders or check-ins with potential clients to maintain engagement.Education: Offer brief tutorials or explanations about real estate concepts, market trends, or investment advice.Localization: Provide information about neighborhoods, schools, and local amenities to clients interested in specific areas.Transaction Updates: Keep clients informed about the status of their property transaction, from initial offer to closing.Referrals: Encourage satisfied clients to refer friends and family by sending automated referral requests or reminders.Networking: Introduce and maintain relationships with other brokers, agents, or relevant professionals in an automated yet personable manner.Maintenance Reminders: For brokers also involved in property management, ChatGPT can remind tenants of maintenance schedules or gather feedback post-maintenance.Reviews & Testimonials: Automate the process of collecting reviews and testimonials from satisfied clients for promotional use.Mortgage & Financing Info: Provide preliminary information on mortgage rates, lending institutions, or financing options available.Training: New agents in the brokerage can use ChatGPT for training purposes, asking questions about company policies, sales techniques, or market nuances.Market Analysis Reports: While detailed analysis might require specialized tools, ChatGPT can give general market outlooks based on data provided to it.By leveraging ChatGPT in these areas, brokers can increase efficiency, enhance client engagement, and free up time to focus on relationship-building and closing deals.
Justin R. Share your operating/accounting/tracking software. Lets find something better!
24 July 2024 | 15 replies
So, when a property becomes vacant, they update Stessa in real time and don't have to wait for monthly owner statements to make changes.
Matt Wassum Virginia insurance lapsed on rental / commercial properties owned outright
24 July 2024 | 2 replies
Depending on Loss History, how long the lapses was, use of buildings, age of building and updates, etc. there may be a Standard Market. 
Ty Clemmons Hard money loans
25 July 2024 | 24 replies
Keep them updated on the project's progress, especially if you encounter any unexpected issues or delays.- Consider using hard money loans as a bridge to longer-term financing if you're planning to keep the property as a rental.
David Ptak General Partner on Motel Investment has gone silent!!!
23 July 2024 | 17 replies
This person sent an annual report and a few letters updating the investors on the motel but that all ended in 2020.