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Results (10,000+)
Henrik Arnroed Would you live in the market before you buy?
27 July 2024 | 16 replies
That, in and of itself, is a great idea to live in one side and MTR the other, but you are making your first property more difficult to manage (but easier if you are on site).You don't have to live there, but why wouldn't you want to investigate the market more clearly before making a decision on it.
Luke Siecinski How to write off real estate education course purchased on taxes?
27 July 2024 | 5 replies
Code Sec(s):162; 195Docket:Dkt No. 30077-07.Date Issued:04/30/2009.Judge:Opinion by Gustafson, J.Tax Year(s):Year 2004.Disposition:Decision for Commissioner.Started investigating property: Feb Put first contract (canceled): May Bought first property: December 30thCourt decided that his 21k education expense was not deductible as business expenses but would be considered, at best, the start up cost.
Chris Roberts Do DSCR loans affect DTI
29 July 2024 | 16 replies
They show on your tax returns, and bank statements.There are many underwriting tools to expose private money ones that claim they don't report to the bureaus- they also sell and securitize the loans so what they told you on the phone is of no value, they get reported.All NonQM standard DSCR loans show on your credit report.DSCR gone bad shows online, in court records and in the curbside view (property appears distressed and attracts code violations/fire inspections and investigations...
Isadore Nelson Thoughts On Buying A Rental For 60 K In Philadelphia?
27 July 2024 | 26 replies
With careful preparation and thorough investigation, your investment might be a firm foundation for your real estate portfolio.Good luck!
Frank Barletta Reviewing Parma, OH for Investment Opportunities
27 July 2024 | 19 replies
(Investigate the presence of Fortune 100 companies and industry diversity, using resources like metropolitan council reports and broker websites (e.g., CBRE, Colliers).)Affordability: Ensure household income has grown at least 1% YoY for the past 20 years.
Michael Zimeri Investing in Dubai?
26 July 2024 | 2 replies
So in case you are looking to invest in Dubai it is a great opportunity but beware of the following:- Developer Reputation: Investigate the developer's track record, previous projects, and financial stability.
Brett Reade Hello BiggerPockets! New PRO here
26 July 2024 | 13 replies
Otherwise investigate the market you want to live and buy there before you move. 
McKean Farnell "I've heard about ChatGPT but I'm not sure how to use it..."
24 July 2024 | 6 replies
Here's a list of tasks where ChatGPT can be particularly beneficial:Initial Client Interactions: Use ChatGPT as the first point of contact on websites to answer basic client queries and gather preliminary information.Property Information: Automate responses to common questions about property listings, such as square footage, amenities, and nearby attractions.Appointment Scheduling: ChatGPT can help schedule property viewings or meetings based on the broker's availability.Market Updates: ChatGPT can be programmed to provide recent market statistics, price trends, or news to clients on demand.FAQs: Handle frequently asked questions about the property buying/selling process, brokerage fees, or other standard real estate queries.Document Explanation: Brief explanations of common real estate documents, terms, and jargons, ensuring clients have preliminary understanding before detailed discussions.Lead Qualification: By asking potential clients a series of questions, ChatGPT can help in initial lead qualification, filtering out those who aren't serious or ready to move forward.Feedback Collection: After a property tour or meeting, ChatGPT can gather feedback, which helps in improving services or adjusting property prices.Recommendations: Based on client preferences, ChatGPT can suggest properties from the broker's listings.Follow-ups: Automated reminders or check-ins with potential clients to maintain engagement.Education: Offer brief tutorials or explanations about real estate concepts, market trends, or investment advice.Localization: Provide information about neighborhoods, schools, and local amenities to clients interested in specific areas.Transaction Updates: Keep clients informed about the status of their property transaction, from initial offer to closing.Referrals: Encourage satisfied clients to refer friends and family by sending automated referral requests or reminders.Networking: Introduce and maintain relationships with other brokers, agents, or relevant professionals in an automated yet personable manner.Maintenance Reminders: For brokers also involved in property management, ChatGPT can remind tenants of maintenance schedules or gather feedback post-maintenance.Reviews & Testimonials: Automate the process of collecting reviews and testimonials from satisfied clients for promotional use.Mortgage & Financing Info: Provide preliminary information on mortgage rates, lending institutions, or financing options available.Training: New agents in the brokerage can use ChatGPT for training purposes, asking questions about company policies, sales techniques, or market nuances.Market Analysis Reports: While detailed analysis might require specialized tools, ChatGPT can give general market outlooks based on data provided to it.By leveraging ChatGPT in these areas, brokers can increase efficiency, enhance client engagement, and free up time to focus on relationship-building and closing deals.
Mitch Messer Psst! Wanna Buy a Half-Priced Lambo?
24 July 2024 | 4 replies
I'm just in awe at this kind of stuff.I investigated a lot of fraud when I was a cop and would be dumbfounded by what people fall for.
Joshua Eliassian Section 8 housing
23 July 2024 | 1 reply
If I was younger and really looking to expand this would be an avenue to investigate.