
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.
19 April 2024 | 3 replies
•Water seepage due to improper grading of the land.

18 April 2024 | 27 replies
Install a Solar water heater.

18 April 2024 | 16 replies
If you put a mat down to soak up water and the mat slips and the tenant falls is that your fault?

18 April 2024 | 141 replies
Drink 1 gallon of water a day 2.

17 April 2024 | 4 replies
Access to utilities like water, electric, sewer, and internet plays a HUGE role in which strategy to choose.

18 April 2024 | 7 replies
Some areas have expensive water and sewer tap fees and others are cheaper.

18 April 2024 | 2 replies
Is this a true 10% cap or is this what I refer to as the "realtor special" where taxes, insurance, water and a nominal maintenance budgetary number is included.

19 April 2024 | 20 replies
A lot of programs are 6 months seasoning while some are 3 months (but the terms are eye wateringly bad).

18 April 2024 | 4 replies
Make sure to follow their inspection list, the inspector checked everything on that list, testing every single plug in my property, turn on every appliance, hot water.. very thorough.