
20 April 2024 | 100 replies
So, while I usually like to be very sure of an offer before submitting it, I sent James a full price offer assuming that I would be able to get documentation during a contingency period.

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 | 11 replies
I have a 5yr draw period at a 10.95 rate.
19 April 2024 | 3 replies
I'm a fan of cash flow in the early periods of building an investment portfolio.

19 April 2024 | 20 replies
Hi Leanna, Given the work you've put into the property, you can refinance based on its new value without a seasoning period.

18 April 2024 | 16 replies
Thanks, that's great info to keep in mind re: the seasoning period of HELOC funds in relation to borrowed funds of DSCR!

19 April 2024 | 7 replies
In the estimates I've run, an average $350k house will earn roughly 30% more than a traditional sale in additional interest over a 5 year period.

18 April 2024 | 5 replies
You really need to rely on your PM for notification periods and any local/state rent caps.

18 April 2024 | 5 replies
Is there a max time period after which you cannot file for the tax abatement?