
10 June 2016 | 21 replies
Even better if you include a bit better than the most basic TV, maybe mid-line package or a bit higher.Tenants wouldnt have to worry about TV or Internet and would feel pretty spoiled.I bet it would decrease vacancy rate and you could charge a bit more per month.I wonder what else could be included (or built into the monthly rent and billed as 'free')??

21 June 2012 | 25 replies
This thread covers a topic that we just posted today on the BiggerPockets Blog:The Unsustainable Wholesaling Business ModelSome food for thought in there . . .

14 May 2011 | 14 replies
The numbers are a little bit confusing because I bought two properties as a package (same seller).

26 April 2013 | 32 replies
lowe's puts 10% off coupons in welcome packages at post office...i pick up a few every now and then :)

2 June 2011 | 12 replies
:D Real Estate Investor - Any of several unemployed individuals who spend the majority of their day painting and cleaning properties, staring at their computer monitors looking for deals, or talking on the phone to countless agents, contractors, lenders, etc. all for the express purpose of avoiding a "real" job.Tenant - A sub-group of life form that neither understands the basic fundamentals of cleanliness or operating a simple traditional stove top without causing over $500 worth of damage.Landlord - A multi-millionaire dollar narcissist who owns a phone that apparently never rings, an e-mail account that never receives, or a mailing address the post office never delivers to.Buy & Hold Investor (cash-flow) - A landlord who realizes after acquiring, rehabbing, and leasing several dozen properties, that he still doesn't have enough income to get off food stamps.Buy & Hold Investor (appreciation) - A speculator who holds onto his properties for several decades with the ultimate goal of making his great-grandchildren very wealthy.Note - Various discrete elements that make up music.Points - The sharp end of a nail or screw.Hard Money Lender - See "Loan Shark".Paint - An opaque viscous substance that exhibits the following properties, 1) costs far more than one would expect, 2) never looks the same on your wall as it did in the store, 3) covers half the area stated on the can, and 4) will only clean up with "soap and water" provided you add bleach, acetone, and sandpaper.Wholesaler - A mysterious sort of creature that makes large expensive purchases despite having no money whatsoever.Flipper - An overly dedicated individual who spends 2 to 3 months renovating property for a profit only to find they averaged $1.25 per hour.Motivated Seller - A rare and endangered species that has been hunted to near extinction by various investors, wholesalers, flippers, etc.Lender - An institution possessing a large quantity of capital not available to the public as there is more profit to be made in bank fees than mortgage interest.Asset Manager - An agent of the bank that couldn't tell the difference between a house and a shoe box.Foreclosure - The process a bank uses to seize a property from a homeowner and sell it for a loss rather than modify the loan and make a profit.Multiple Listing Service (MLS) - A large compilation of homes no longer available.Realtor - A member of an organization of real estate professionals open to several people who don't know anything about real estate.Bird-Dog - A motivated go-getter that performs 90% of a Realtor's services for 10% of the cost.Fixer-Upper - A term used to describe a house that only needs new paint, new carpet, a kitchen remodel, re-piping, re-wiring, several major structural repairs, and a foundation which requires a team of seismic engineers to fix.Turn-Key - A term that describes a "fixer-upper" (see above) that has been completely repaired and is available to an out-of-town investor for 20% above prevailing market rates.Contractor - A member of a special fraternity that shows up at your property to collect a check and at no other time.Appraiser - A professionally licensed individual with a tape measure, clip board, and camera who spends hours compiling a 30 page report telling you something you already know.Home Inspector - A guy with a ladder and flashlight who charges you $250 to inform you that you really need to speak to a licensed contractor (see above).Plumber - Somebody who gave up their medical practice in order to triple their earnings.Real Estate Guru - Somebody who gave up their plumbing business to triple their earnings.Bootcamp - A place would-be real estate investors go to part with the cash they could otherwise be using to purchase real estate.

18 May 2011 | 5 replies
You can't beat that price.So before you go spending your limited dollars on any guru's package about wholesaling, you should invest your time into reading the Wholesaling Forum right here on BP.
27 June 2011 | 13 replies
There are some variables that can increase or decrease any potential result that you might have.The message is going to be important.How you write the message can have an impact.How the message is packaged will have an impact as well.Have you talked with some others that do direct mailings for any insights?

31 May 2011 | 15 replies
The closing costs are much less on a per unit basis on your MFRs, as opposed to a package of SFRs needing individual appraisals, title work, etc.So you can buy a nicer B-class MFR property with moderate 75% financing, and enjoy higher ROI than your unleveraged SFRs.Or you can buy a C-rated MFR with high enough occupancy to get financing, and really capture a huge ROI.You can also lock in 30 year fixed rate financing on larger MFR properties that is totally unavailable on SFR packages.And obviously you can take down a bunch of units at once and get your capital to work.

26 May 2011 | 8 replies
Then I would present the package to investors that buy rentals.

14 June 2011 | 25 replies
Some food for thought:I had 4 hours to complete.