
20 April 2024 | 19 replies
With that $800 I would have to pay utilities, plus the management fee is higher than for long term.

20 April 2024 | 13 replies
This is a program I utilize routinely for my clients.There are lots of options outside of a HELOC, or shorter 15-20 year amortizations that many conventional banks offer.

20 April 2024 | 9 replies
If you got the property using a second home loan, you want to be careful with the amount of days that you stay in the property.If you stay in the property for more than 14 days, it may potentially be hard to utilize the losses against other forms of income.
20 April 2024 | 9 replies
Active Utilization of Your S-Corp: This is more small ball type of moves.

20 April 2024 | 12 replies
Your costs include no soft costs (settlement, permitting/entitlements, finance charges, insurance, taxes and utilities.

20 April 2024 | 26 replies
Where is the difference or is it likely that there is only one meter for utilities so owner would likely have to pay for utilities.
19 April 2024 | 10 replies
At this point I am leaning towards just going with how they have been prepped (Sch E), although I don't want to set a precedent that excludes me from utilizing Sch C next year if it so happens that would be appropriate.

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.

21 April 2024 | 240 replies
That is how we can keep our property prices at fair market value when we sell as we are only able to secure a handful of deals when utilizing this "Low ball" offering strategy.

22 April 2024 | 39 replies
Its not a metric that i can actually utilize for anything unless youre trying to liquidate all your assets.