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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.
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19 April 2024 | 10 replies
Physical therapists, specialty doctors and administrators often need short stay long term rentals.Remember that you will need to vet each guest and use a regular lease, not a rental agreement for under 30 day stays.
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18 April 2024 | 7 replies
I went to college and got my degree in Fire Service Administration and right around the time of returning home, I got the Real Estate bug myself!
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25 April 2024 | 209 replies
40% go to the lawyers. 55% goes to claimants in the class, and 5% or so to administrative side to notify claiments through email and snailmail.
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20 April 2024 | 100 replies
I suggest you get in touch with BP moderators/administrators to remove your post from the site because it wasn’t your intention to use the word “scam” regarding your transaction with @James Wise.
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17 April 2024 | 18 replies
While you are not required to have a property manager for your long-term rental (short term is a different story), you can only handle administrative functions such as making phone calls, paying bills, selecting a contractor, etc. and must be completely hands off.
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16 April 2024 | 2 replies
An S-corp is a great way to save on taxes, but only at certain income levels as you have to weigh the new administrative costs against the tax benefit you receive.
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15 April 2024 | 0 replies
PM system administration?
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10 April 2024 | 56 replies
I would highly recommend you to use Wordpress.
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12 April 2024 | 10 replies
My background is in healthcare administration and revenue cycle management but the past year I have telling myself, I want more from myself which is when I decided to learn and participate in REI.