
19 April 2024 | 20 replies
Some DSCR loan programs require no reasoning at all!

17 April 2024 | 34 replies
I completely agree with @Bart Hedgcock, my .02 from personal experience with Phil: My wife and I took his weekend "vip" training last year, and it's a very well done introduction to several strategies and methods for creative REI.

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 | 5 replies
On the other hand, DSCR loan programs have become very popular mostly because no proof of income is required and the qualification is based on the cash flow of the property.

21 April 2024 | 47 replies
Everyone is mentioning depreciation like its some sort of IRS give away program.

18 April 2024 | 28 replies
But even Jimmy sometimes over hyped his program leading into some misleading informationForty one year ago my wife and I were visiting Jimmy and his wife at his home in Florida.

18 April 2024 | 3 replies
I recently was on a call with a loan officer on this new shared appreciation loan program CA is offering.

20 April 2024 | 34 replies
I answered this with indicating that I would like to speak with someone to learn more about their program and what they had to offer.

21 April 2024 | 240 replies
They do require a refundable $5k deposit to get on the "VIP" list and start receiving properties.

16 April 2024 | 11 replies
Hey Guys, I work for a property management company here in Chicago and we are expanding our agent referral program.